Nov. 9 (Bloomberg) -- South Africa’s FTSE/JSE Africa All Share Index rose for a second day, gaining 384.29, or 1.5 percent, to 26,317.74 at 11:59 a.m. in Johannesburg.

The following are among the most active stocks in the South African market today.

BHP Billiton Ltd. (BIL SJ), the world’s largest mining company, increased for the first time in three days, adding 7.17 rand, or 3.4 percent, to 219.99 rand. Anglo American Plc (AGL SJ) rallied 9.60 rand, or 3.2 percent, to 307.60 rand. Copper for delivery in three months rallied as much as 1.7 percent to $6,597 a metric ton in London. Nickel, lead, zinc and aluminum prices also gained.

AngloGold Ashanti Ltd. (ANG SJ), the world’s third-biggest producer of the metal, rose for a second day, gaining 6.99 rand, or 2.2 percent, to 319 rand. Gold surged to a record as the weakening dollar prompted investors to increase bullion holdings as a store of value.

Cadiz Holdings Ltd. (CDZ SJ) climbed 10 cents, or 3.3 percent, to 3.10 rand, extending a 7.1 percent rally on Nov. 6. The money manager said first-half operating profit increased 95 percent to 48.5 million rand ($6.5 million).

Raubex Ltd. (RBX SJ) gained 55 cents, or 2.3 percent, to 24.55 rand, heading for its highest close since Oct. 29. The road builder said its fiscal first-half operating profit rose 11 percent to 440.2 million rand.

Sappi Ltd. (SAP SJ) rose for a third day, adding 50 cents, or 1.8 percent, to 29.15 rand. Chief Executive Officer of the world’s largest producer of glossy magazine paper, Ralph Boettger, said paper and pulp prices may start increasing from January as conditions in the world economy improve.

Sasol Ltd. (SOL SJ), the world’s biggest maker of motor fuel from coal, advanced 3.50 rand, or 1.2 percent, to 295.50 rand. Crude oil climbed as much as 2 percent to $78.95 a barrel, paring its 2.8 percent decline on Nov. 6.

Sea Kay Holdings Ltd. (SKY SJ) fell 10 cents, or 25 percent, to 30 cents. A close at this price will be the biggest decline since the stock started trading in August 2007. Moneyweb reported that the builder of low-cost houses said it may shut down because the government hasn’t paid it for work. The company has issued the government with a summons demanding 233 million rand ($32 million) in payments, the Johannesburg Internet news service reported, citing Executive Director Gerry Holtzhausen.

Holtzhausen didn’t immediately respond to messages seeking comment. The national government referred queries on the payments to the country’s provincial governments.

To contact the reporter on this story: Janice Kew in Johannesburg at jkew1@bloomberg.net.

Last Updated: November 9, 2009 05:38 EST