Barloworld, Coronation Fund, PPC May Move in Early Trading in Johannesburg
The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.
The FTSE/JSE Africa All Share Index rose 196.08, or 0.6 percent, to 32,156.01 at the 5 p.m. close of trading in Johannesburg, its highest since May 3.
Barloworld Ltd. (BAW) : The world’s largest forklift trader releases first-half earnings. Barloworld dropped 90 cents, or 1.3 percent, to 67 rand.
Erbacon Investment Holdings Ltd. (ERB) : The civil engineering company reported a loss after tax of 68.4 million rand (9.8 million) for the year ended Feb. 28. Erbacon jumped 5.6 percent to 1 rand.
Coronation Fund Managers Ltd. (CML) : The Cape Town-based fund manager releases first-half earnings. Coronation gained 2 cents, or 0.1 percent, to 18.82 rand.
Pretoria Portland Cement Company Ltd. (PPC SJ): The South African maker of the building material releases first-half earnings. PPC gained 21 cents, or 0.8 percent, to 25.30 rand.
Rebosis Property Fund Ltd. (REB SJ): The Johannesburg-based real estate investment fund will list as many as 219.74 million shares on the Johannesburg Stock Exchange’s real estate board.
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