Gold Fields, Pan African Resources, Sasol: 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 477.13, or 1.5 percent, to 30,440.87 by the 5 p.m. close in Johannesburg on Sept. 9.

Gold Fields Ltd. (GFI) , Africa’s second-biggest gold producer, hosts a roadshow for investors. The stock rose 4 rand, or 3.35 percent, to 123.25 rand.

Pan African Resources Plc (PAF) , a gold exploration and production company with projects in South Africa, Ghana and Mozambique, is scheduled to report full-year earnings. The stock rose 5 cents, or 3.25 percent, to 1.59 rand.

Sasol Ltd. (SOL) , the world’s largest maker of motor- fuel from oil, is due to report earnings. It forecast profit excluding one-time items will rise as much as 32 percent in the 12 months to June compared with a year earlier. The stock declined 12.49 rand, or 3.7 percent, to 324 rand.

The following stocks will begin trading without the right to the latest dividend: Advtech Ltd. (ADH) , Alert Steel Holdings Ltd. (AET) , Assore Ltd. (ASR) , Blue Label Telecoms Ltd. (BLU) , Cie Financiere Richemont SA (CFR SJ), City Lodge Hotels Ltd. (CLH) , Distell Group Ltd. (DST) , Emira Property Fund (EMI SJ), Growthpoint Properties Ltd. (GRT) , Harmony Gold Mining Co Ltd. (HAR) , Howden Africa Holdings Ltd. (HWN) , Impala Platinum Holdings Ltd. (IMP SJ), MTN Group Ltd. (MTN SJ), Massmart Holdings Ltd. (MSM) , Northam Platinum Ltd. (NHM) , OneLogix Group Ltd. (OLG) , Shoprite Holdings Ltd. (SHP) , Trencor Ltd. (TRE) , Woolworths Holdings Ltd. (WHL SJ)

To contact the reporter on this story: Jana Marais in Johannesburg at jmarais@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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.