May 25 (Bloomberg) -- South Africa’s FTSE/JSE Africa All Share Index slipped 30.24, or 0.1 percent, to 22,395.30 at 2:04 p.m. in Johannesburg. The measure rose 1.9 percent on May 22, bringing its gain last week to 3.3 percent.

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

African Bank Investments Ltd. (ABL SJ), South Africa’s largest provider of unsecured loans, fell 55 cents, or 2 percent, to 27.20 rand. The financial performance at African Bank’s Ellerine unit was below expectations in the first half, the bank said. The lender also said it did “not expect any material improvement in trading conditions over the balance of the current financial year.”

Africa Cellular Towers Ltd. (ATR SJ) rose for the first time in six days, adding 3 cents, or 3.4 percent, to 92 cents. The manufacturer of communication towers said annual net income increased to 51 million rand from 45 million a year earlier.

MTN Group Ltd. (MTN SJ) climbed 5.70 rand, or 4.8 percent, to 124.70 rand. A close at this price would be the highest in 10 months. Bharti Airtel Ltd., India’s largest mobile-phone operator, said it has renewed efforts to acquire a 49 percent stake in Africa’s largest wireless-services provider.

Omnia Holdings Ltd. (OMN SJ) rose 1.80 rand, or 3.6 percent, to 51.50 rand, heading for its biggest gain in more than a month. The fertilizer producer said fiscal full-year profit rose as much as 60 percent.

Sasol Ltd. (SOL SJ), the world’s biggest maker of motor fuel from coal, fell 7.12 rand, or 2.3 percent, to 297.48 rand, after gaining 3.4 percent gain on May 22. Crude oil dropped as much as 1.3 percent to $60.88 a barrel in New York.

Shoprite Holdings Ltd. (SHP SJ), the country’s biggest food retailer, fell 2.20 rand, or 4.1 percent, to 52.17 rand, snapping five days of gains. South African retail-sales growth slowed to an annual 6.6 percent in April as rising job losses undermined consumer spending, a Retailer Liaison Committee survey showed.

Telkom South Africa Ltd. (TKG SJ), Africa’s largest fixed- line telephone operator, fell 1.26 rand, or 3.2 percent, to 37.75 rand. The stock traded without the right to a special cash dividend of 19 rand.

“I think a lot of players will have bought it just for the dividend and will now want to get out of it,” said Garth MacKenzie, the head of derivatives trading at BoE Private Clients in Johannesburg.

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

Last Updated: May 25, 2009 08:25 EDT