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

To contact the editor responsible for this story: Gavin Serkin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.