South African Stocks: Anglo, AngloGold, Avusa, Woolworths, Sasol

The FTSE/JSE Africa All Share Index broke a four-day winning streak, declining 91.76, or 0.3 percent, to 30,959.59 by the 5 p.m. close in Johannesburg. The index gained 2 percent last week.

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

Anglo American Plc (AAL) , the mining company that makes up about 9 percent of the benchmark stock index, dropped for the first day in five, sliding 3.50 rand, or 1.2 percent, to 291 rand. Copper fell to a nine-month low in New York on speculation Europe’s debts are hampering growth, curbing metals demand.

BHP Billiton Ltd. (BHP) , the world’s largest mining group, declined 2.01 rand, or 0.9 percent, to 232.99 rand.

AngloGold Ashanti Ltd. (ANG) , Africa’s biggest producer of the metal, closed at its highest since at least June 1998, adding 17.10 rand, or 5 percent, to 361.50 rand. Gold priced in rand rose to a record high as concerns about Europe’s debt woes spurred demand for the metal as a protection of wealth, while the rand weakened as much as 3.2 percent to 7.7303 rand per U.S. dollar.

Gold Fields Ltd. (GFI) , the continent’s second-biggest gold producer, advanced 7.55 rand, or 6 percent, to 132.55 rand.

Harmony Gold Mining Co. (HAR SJ), the continent’s third- largest gold company, added 3.20 rand, or 3.3 percent, to 100 rand.

Avusa Ltd. (AVU) , the publisher of South Africa’s largest weekend broadsheet newspaper, dropped 49 cents, or 2 percent, to 23.51 rand. Chairman Dumisa Ntsebeza quit the board of the company along with two non-executive independent directors, Tom Wixley and Babalwa Ngonyama.

Woolworths Holdings Ltd. (WHL SJ), a food and clothing retailer, climbed for a fourth day, adding 30 cents, or 0.8 percent, to 38.30 rand. The company replaced Reinet Investments SCA (REI) in the FTSE/JSE Top 40 Index from today. Reinet dropped 4 cents, or 0.3 percent, to 12.76 rand.

Sasol Ltd. (SOL) , the world’s largest producer of motor fuel from coal, advanced for a fifth day, gaining 1.75 rand, or 0.5 percent, to 344.74 rand. The company signed an investment agreement to develop a gas-to-liquids project in Uzbekistan, it said in an e-mailed statement today.

To contact the reporter on this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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