Naspers and William Tell: South Africa Stocks 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 rose 68.34, or 0.2 percent, to 32,127.31 at the 5 p.m. close in Johannesburg. The benchmark gauge has climbed 6.2 percent this month and 16 percent in 2010.
AngloGold Ashanti Ltd. (ANG SJ): Gold, trading little changed, may advance for the first time in three days as concern that the European sovereign-debt crisis will continue spurs investors’ demand for a haven. Shares in AngloGold, Africa’s largest producer of the metal, fell 3.10 rand, or 1 percent, to 322.90 rand.
Naspers Ltd. (NPN SJ): Steve Pacak, Chief Financial Officer of Africa’s biggest media company, sold 3.87 million rand ($571,749) of shares at an average price of 390 rand each, according to a regulatory filing. Shares in Naspers rose 4.65 rand, or 1.2 percent, to 392.50 rand.
William Tell Holdings Ltd. (WTL SJ): The manufacturer of chipboard and wood-based panels said it concluded an agreement to sell a manufacturing plant for 11.5 million rand, according to a stock exchange filing. Shares in the company were unchanged at 74 cents.
Shares or American depositary receipts of the following South African companies closed as follows:
Anglo American Plc (AAUKY US) fell 0.3 percent to $25.23. AngloGold Ashanti Ltd. (AU US) rose 0.9 percent to $48.01. BHP Billiton Ltd. (BBL US) declined 0.4 percent to $80.04. DRDGold Ltd. (DROOY US) was unchanged at $4.78. Gold Fields Ltd. (GFI US) gained 2.4 percent to $17.80. Harmony Gold Mining Co. (HMY US) added 2 percent to $12.33. Impala Platinum Holdings Co. (IMPUY US) advanced 1.7 percent to $34.72. Sappi Ltd. (SPP US) dropped 1.5 percent to $5.16. Sasol Ltd. (SSL US) rose 1.7 percent to $49.80. Telkom South Africa Ltd. (TLKGY US) climbed 1.6 percent to $22.20.
To contact the reporter on this story: Garth Theunissen in Johannesburg gtheunissen@bloomberg.net; Renee Bonorchis in Johannesburg at rbonorchis@bloomberg.net
To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.