By Nicky Smith and Garth Theunissen
Nov. 23 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.
South Africa’s FTSE/JSE Africa All Share Index fell for a third day, declining 129.96, or 0.5 percent, to 26,929.25 at the close in Johannesburg.
African Bank Investments Ltd. (ABL SJ): South Africa’s largest provider of unsecured loans said fiscal full-year net income rose to 1.8 billion rand ($238 million) from 1.5 billion rand a year earlier. Shares of Abil, as the company is known, rose 71 cents, or 2.5 percent, to 29.35 rand.
BHP Billiton Ltd. (BIL SJ): The world’s largest mining company reached a wage agreement with its workers at its Spence copper mine in Chile possibly ending a six-week strike. BHP Billiton shed 2.52 rand, or 1.1 percent, to 227.52 rand.
Harmony Gold Mining Ltd. (HAR SJ): Africa’s third-largest producer of the metal holds its annual general meeting. Harmony’s stock climbed 45 cents, or 0.6 percent, to 79 rand.
Nampak Ltd. (NPK SJ): Africa’s second-largest packaging producer releases earnings. Shares of Nampak fell 1 cent, or less than 0.1 percent, to 16.30 rand.
Naspers Ltd. (NPN SJ): Africa’s largest media group signed a deal with a group of banks to increase its so-called forward start loan to $1.6 billion and switch the loan’s denomination to dollars from pounds, Reuters reported Nov. 21, citing people familiar with the transaction. Naspers Finance Director Steve Pacak didn’t immediately respond to messages left on his mobile phone by Bloomberg News. Naspers fell 2.50 rand, or 0.9 percent to 279.50 rand.
Netcare Ltd. (NTC SJ): The largest operator of private hospitals in South Africa and the U.K. releases earnings. Netcare’s stock fell 1 cent, or less than 0.1 percent, to 12 rand.
Old Mutual Plc (OML SJ): The largest insurer in Africa and its subsidiary Mutual & Federal Insurance Co. (MAF SJ) hold a shareholder meeting. Old Mutual stock gained 11 cents, or 0.8 percent, to 14.70 rand. Shares of Mutual & Federal, a property and casualty insurer, fell 5 cents, or 0.2 percent, to 24.70 rand.
Telkom South Africa Ltd. (TKG SJ): Africa’s largest fixed- line phone company releases half-year earnings. Telkom shares fell 67 cents, or 1.7 percent, to 39.60 rand.
Shares or American depositary receipts of the following South African companies closed as follows:
Anglo American Plc (AAUKY US) fell 0.8 percent to $21. AngloGold Ashanti Ltd. (AU US) slid 1.2 percent to $43.96. DRDGold Ltd. (DROOY US) added 0.7 percent to $5.54. Gold Fields Ltd. (GFI US) lost 0.3 percent to $14.64. Harmony Gold Mining Co. (HMY US) dropped 1.7 percent to $10.59. Impala Platinum Holdings Co. (IMPUY US) declined 1.2 percent to $22.15. Sappi Ltd. (SPP US) climbed 0.7 percent to $4.24. Sasol Ltd. (SSL US) fell 2.2 percent to $38.57. Telkom South Africa Ltd. (TLKGY US) fell 1.2 percent to $21.07.
To contact the reporter on this story: Garth Theunissen in Johannesburg gtheunissen@bloomberg.net
Last Updated: November 23, 2009 00:57 EST
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