South African Equities: African Cellular, Anglo American SABMiller, Sasol
The FTSE/JSE Africa All Share Index declined 124.80, or 0.4 percent, to 31,794.13 by the 5 p.m. close in Johannesburg, extending the loss this week to 0.5 percent.
The following were among the most active stocks in the South African market today.
Africa Cellular Towers Ltd. (ATR) , a steel communication-tower maker, dropped to its lowest since March 15, losing 2 cents, or 14 percent, to 12 cents. The company reported a loss of 133.1 million rand ($19 million) for the year through February, compared with a loss of 92.3 million rand a year earlier.
Buildmax Ltd. (BDM) , the building-materials supplier, jumped the most since May 11, gaining 7.7 percent to 14 cents, after saying its fiscal full-year loss improved by as much as 90 percent.
Mvelaphanda Resources Ltd. (MVL) , a mining investment company, advanced to its highest since at least 1990, gaining 8.4 percent to 4.67 rand, after saying it will pay a special dividend of 31 cents a share.
Seardel Investment Corp. (SER SJ), South Africa’s biggest clothing and textile-maker, rose the most since Jan. 28, increasing 5 cents, or 6.3 percent, to 85 cents. The company reported net income of 8.58 million rand in the year through March compared with a loss of 203.5 million rand a year earlier.
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