S. African Stocks: Anglo American, Barloworld, DRDGold, Wescoal

The FTSE/JSE Africa All Share Index advanced for a third day, rising 138.23, or 0.4 percent, to 32,350.11 as of 12:37 p.m. in Johannesburg. The measure has lost 1.7 percent in the week, snapping four weeks of gains.

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

Anglo American Plc (AAL) , the largest investor in South African mining, rallied 3.7 percent to 306.80 rand, the strongest level since Oct. 28. Anglo agreed to buy the Oppenheimer family’s 40 percent stake in De Beers, supplier of about a third of the world’s rough diamonds, for $5.1 billion.

Barloworld Ltd. (BAW) , the world’s largest forklift trader, climbed 2.8 percent to 69.74 rand, heading for the highest close in four months. Barloworld said it returned to profit in the year through September as trading results were ahead of expectation in the second half.

BHP Billiton Ltd. (BIL SJ), the world’s largest mining company, advanced 1.6 percent to 253.25 rand, paring its decline this week to 2.6 percent. A gauge of six metals including copper and aluminum rose for a second day in London yesterday. Crude oil rose its highest in three months in New York.

DRDGold Ltd. (DRD) rallied 11 percent to 5.76 rand, heading for its highest close since October 2009. The producer of the precious metal said it entered into talks that if successful may have a material effect on its share price.

Wescoal Holdings Ltd. (WSL) rose the most since Ocotber 2008, surging 24 percent to 61 cents. The coal producer has asked the regional high court to set aside an application to liquidate a unit of the company.

To contact the reporter on this story: Janice Kew and Sikonathi Mantshantsha in Johannesburg at and jkew4@bloomberg.net and smantshantsh@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at Kwong11@bloomberg.net

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