(Corrects name of company in headline.)
The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.
South Africa’s FTSE/JSE Africa All Share Index advanced 556.60, or 1.8 percent, to 32,274.61 at the 5 p.m. close in Johannesburg.
Awethu Breweries Ltd. (AWT) : The brewer of sorghum beer publishes earnings statements for the first half through December. It said yesterday that its loss for the period would narrow to a maximum 0.89 cents a share, from a loss of 2.61 cents a year ago. The stock was unchanged at 3 cents.
Bauba Platinum Ltd. (BAU) : The explorer of platinum group metals said it’s likely that first-half earnings through December will be between 44 and 54 percent higher than the 19 cents a share loss in the first half ended December 2009, according to a trading update published via the stock exchange yesterday. Bauba shares declined 1 cent, or 0.4 percent, to 2.29 rand.
IFA Hotels & Resorts Ltd. (IFH) : The gaming and leisure company said it had narrowed its loss to 3.10 cents during the first half through December, from a loss of 10.41 cents a year earlier, according to an earnings statement yesterday.
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