South Africa’s FTSE/JSE Africa All Share Index declined for a fourth day, losing 7.05, or less than 0.1 percent, to 31,820.37 at the 5 p.m. close in Johannesburg.
The following were among the most active stocks in the South African market today.
Bowler Metcalf Ltd. (BCF SJ): The plastic-packaging maker said first-half earnings for the period through December increased 32 percent to 46.2 cents per share, from 34.9 cents a year earlier. Bowler Metcalf was unchanged at 8.60 rand.
Sanlam Ltd. (SLM) : South Africa’s second-biggest insurer publishes earnings for the year ended December. Sanlam declined 35 cents, or 1.3 percent, to 27.50 rand.
Tradehold Ltd. (TDH) : The retail investment company said it will raise 650 million rand ($94.6 million) in a rights offer at a rate of 299 new shares for every 100 owned. The rights offer price will be 6.26 rand a share. Tradehold was unchanged at 7.50 rand a share.
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