South African Equities: Anglo, BHP, Bell Equipment, SacOil

The FTSE/JSE Africa All Share Index rose for a second day, adding 62.54, or 0.2 percent, to 31,793.59 at the 5 p.m. close of trading in Johannesburg.

The following were among the most active stocks in the South African market today.

Anglo American Plc (AAL) , the diversified mining company that makes up 10 percent of South Africa’s benchmark stock index, advanced to the highest closing level since May 19, increasing 5 rand, or 1.5 percent, to 330.01 rand. Copper rallied to the highest level since May 4 as York as Deutsche Bank AG said prices are likely to rebound, following similar comments from Goldman Sachs Group Inc. and JPMorgan Chase & Co.

BHP Billiton Plc (BIL) , the world’s largest mining company, climbed for a second day, gaining 2.06 rand, or 0.8 percent, to 267.11 rand.

Anglo Platinum Ltd. (AMS) , the world’s biggest producer of the metal, increased the most since March 23, gaining 16 rand, or 2.6 percent, to 641 rand. Platinum increased for a second day, reaching as high as $1,784.25 an ounce.

Impala Platinum Holdings Ltd. (IMP) , the second-biggest producer of the metal, gained the most since May 6, rallying 4.95 rand, or 2.7 percent, to 186.05 rand.

Bell Equipment Ltd. (BEL) , a South African maker and distributor of materials-handling machinery, jumped to the highest level since Feb. 10, climbing 60 cents, or 4.4 percent, to 14.15 rand. Bell is in talks that may have a material effect on the value of its shares, it said in a statement.

SacOil Holdings Ltd. (SCL SJ), an oil and natural gas explorer, rose for a second day, adding 4 cents, or 4 percent, to 1.05 rand. The company appointed Shore Capital Stockbrokers Ltd. as its joint broker in the U.K., it said in a regulatory statement today.

To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at smantshantsh@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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