Aveng, Central Rand Gold, Metorex: South African Equity 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 dropped 569.2, or 1.8 percent, to 30,518.92 by the 5 p.m. close in Johannesburg on Sept. 2.
Aveng Ltd. (AEG) : The country’s largest construction company reports full-year earnings. The shares tumbled 27 cents, or 0.8 percent, to 33.28 rand.
Central Rand Gold Ltd. (CRD) : The South African producer of the metal may be forced to close its mine near Soweto, Johannesburg as early as this week following a government order, the Sunday Times said, citing Bheki Khumalo, spokesman for the Department of Mineral Resources. The shares fell 9.1 percent to 10 cents.
Metorex Ltd. (MTX) : The copper producer releases first- half results. The stock was unchanged at 8.35 rand.
Tiger Brands Ltd. (TBS) : The country’s largest food company holds its annual general meeting. Tiger Brands slipped 2.58 rand, or 1.2 percent, to 205.22 rand.
Wilson Bayly Holmes-Ovcon Ltd. (WBO) : The construction company reports full-year earnings. WBHO, as it is known, fell 2.10 rand, or 2.1 percent, to 97.70 rand.
The following stocks will begin trading without the right to the latest dividend: AECI Ltd. (AFE) , Aquarius Platinum Ltd. (AQP) , Argent Industrial Ltd. (ART) , BHP Billiton Plc (BIL SJ), Clientele Ltd. (CLI) , Grindrod Ltd. (GND) , Hospitality Property Fund Ltd. (HPA SJ and HPB SJ), JSE Ltd. (JSE) , Morvest Business Group Ltd. (MOR SJ), Nedbank Group Ltd. (NED) , New Europe Property Investments Plc (NEP SJ), Standard Bank Group Ltd. (SBK SJ), Truworths International Ltd. (TRU) .
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