Curro Holdings, Keaton Energy May be Active: South African Stocks Preview

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 snapped two days of gains, losing 296.97, or 0.9 percent, to 31,521.33 at the 5 p.m. close of trade in Johannesburg.

Curro Holdings Ltd. (COH SJ): Today is the last day to trade in the investment company’s shares in order to qualify to participate in its 322.4 million-rand rights offer. The private education company will issue one new share at 4 rand for each share currently owned, it said in a statement on June 2. Curro fell 1 rand, or 10 percent, to 9 rand.

Keaton Energy Holding Ltd. (KEH SJ): The coal exploration company publishes earnings numbers for the year through March. Earnings per share may be as much as 10.5 cents, compared with 5.6 cents a year earlier, Keaton said in a trading update on June 2. Keaton closed unchanged at 3.15 rand.

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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