South African Equities: Anglo American, BHP, Massmart, Sasol

The FTSE/JSE Africa All Share Index dropped to the lowest level since March 22, weakening 469.82 or 1.5 percent, to 31,164.35 at the 5 p.m. close in Johannesburg, taking its second consecutive weekly loss to 1.3 percent.

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

Anglo American Plc (AGL) , the diversified mining company that makes up 10 percent of the benchmark stock index, fell 9.35 rand, or 2.8 percent, to 320.15 rand. Copper fell on a decline in imports of the metal into China, the world’s largest consumer. Lead, nickel and zinc also declined on the London Metal Exchange. BHP Billiton Plc (BIL) , the world’s largest mining company, decreased 5.10 rand, or 2 percent, to 251.90 rand.

Massmart Holdings Ltd. (MSM) , the South African retailer in which Wal-Mart Stores Inc. is buying a controlling stake, fell to the lowest closing price since Sept. 16, declining 11.25 rand, or 8 percent, to 130 rand. Yesterday was the last day for Massmart investors to qualify for the 148 rand-a-share payout for 51 percent of the stock.

Sasol Ltd. (SOL) , the world’s biggest maker of motor fuel from coal, snapped three days of gains, losing 6.52 rand, or 1.8 percent, to 346.98 rand. Oil fell as much as 3.1 percent to $98.79 a barrel.

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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