AMAP, BSI, Nu-World, Santova: 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 declined the most in 16 months, dropping 988.13, or 3.2 percent, to 30,323.04 by the 5 p.m. close in Johannesburg, a second day of losses.

Amalgamated Appliance Holdings Ltd. (AMA SJ): The distributor of brands including Hoover and Pioneer appointed David Cleasby as non-executive chairman, replacing Leon Campher. Colin Scott was appointed lead independent non-executive director. The stock closed unchanged at 1.72 rand.

BSI Steel Ltd. (BSS) : The steel trader and processor holds its annual general meeting. Shares in the company closed unchanged at 61 cents.

Nu-World Holdings Ltd. (NWL) : The South African manufacturer and distributor of domestic electric appliances said earnings per share for the year to Aug. 31 fell as much as 75 percent compared with a year earlier. The stock declined 9.1 percent to 18 rand.

Santova Logistics Ltd. (SNV) : The clearing agent for importers and exporters holds a general meeting. Shares in the company closed unchanged at 6 cents.

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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