Anglo Platinum, Pinnacle Point May Be Active: South African Equity 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 declined 90.25, or 0.3 percent, to 32,037.06 in Johannesburg, trimming the year-to-date gain to 16 percent. The market was closed on Dec. 27 for a public holiday.

AngloGold Ashanti Ltd. (ANG SJ): Gold for immediate delivery climbed as much as 0.6 percent to $1,391 an ounce in Tokyo on speculation the dollar’s retreat may boost demand for gold as an alternative investment. AngloGold, Africa’s biggest producer of the precious metal, rose 3.90 rand, or 1.2 percent, to 326.80 rand.

Anglo Platinum Ltd. (AMS SJ): Platinum for immediate delivery rose as much as 0.6 percent to $1,746 an ounce. Anglo Platinum, the world’s biggest producer of the metal, increased 1.28 rand, or 0.2 percent, to 684.78 rand.

Pinnacle Point Group Ltd. (PNG SJ): The resort and leisure development company said it’s entered into an agreement relating to the sale of Pinnacle Point Golf and Beach Resorts. Pinnacle also said it remains in talks on matters separate to that transaction. The shares were unchanged at 2 cents.

Shares or American depositary receipts of the following South African companies closed as follows:

Anglo American Plc (AAUKY US) rose 0.2 percent to $25.27. AngloGold Ashanti Ltd. (AU US) advanced less than 0.1 percent to $48.03. BHP Billiton Ltd. (BBL US) declined 1.4 percent to $78.91. DRDGold Ltd. (DROOY US) fell 0.4 percent to $4.76. Gold Fields Ltd. (GFI US) dropped 1.1 percent to $17.61. Harmony Gold Mining Co. (HMY US) slipped 0.7 percent to $12.24. Impala Platinum Holdings Co. (IMPUY US) slid 1.5 percent to $34.20. Sappi Ltd. (SPP US) added 0.8 percent to $5.20. Sasol Ltd. (SSL US) declined 0.6 percent to $49.51.

To contact the reporter responsible for this story: Nasreen Seria in Johannesburg at nseria@bloomberg.net.

To contact the editor responsible for this story: Peter Hirschberg at phirschberg@bloomberg.net.