Altech, Ingenuity, Metmar May Move: South African Equity Market Preview

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 second day, losing 323.38, or 1.1 percent, to 28,731.02 in Johannesburg.

Allied Technologies Ltd. (ALT SJ): The provider of mobile and fixed-line phone services reports annual earnings. Altech, as the company is known, was unchanged at 73.75 rand.

Ingenuity Property Investments Ltd. (ING SJ): The property investment and development company said first-half earnings per share rose as much as 55 cents. Ingenuity was unchanged at 41 cents.

Metmar Ltd. (MML SJ): The mining investor and metals trader said annual earnings per share excluding one-time items may drop as much as 90 percent. Metmar was unchanged at 4.25 rand.

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

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