South African Equities: Anglo, Astral, Barloworld, BHP, JD Group

The FTSE/JSE Africa All Share Index advanced for a third day, adding 205, or 0.6 percent, to 32,466.65 by 10:05 a.m. in Johannesburg. The index gained 1.1 percent last week.

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

Anglo American Plc (AGL) , the mining company that makes up more than 9 percent of the benchmark stock index, headed for its highest close since Aug. 1, climbing 1.4 percent to 313.10 rand. Copper advanced for a second day on speculation that new governments in Italy and Greece will increase Europe’s ability to contain a debt crisis and as stockpiles of the metal declined.

BHP Billiton Ltd. (BHP) , the world’s largest mining group, gained 0.7 percent to 252 rand. Separately, the company said it expects petroleum output to surge 41 percent this year, driven by the $12.1 billion purchase of Petrohawk Energy Corp.

Astral Foods Ltd. (ARL) , South Africa’s second-largest chicken producer, added 0.6 percent to 118.55 rand. Diluted earnings per share increased 20 percent to 11.26 rand in the year through September from a year earlier, the company said in a regulatory filing.

Barloworld Ltd. (BAW) , the world’s largest forklift trader, advanced to its highest in more than five months, climbing 2.1 percent to 70.95 rand. The company received orders for 10 of Caterpillar Inc.’s 797 “megatrucks” from Vale SA’s Mozambique projects, which could add at least $500 million to sales revenue in fiscal 2012, Chief Executive Officer Clive Thomson said in a phone interview today.

JD Group Ltd. (JDG SJ), a South African furniture retailer, headed for its highest close in six months, gaining 1 percent to 44.85 rand. Earnings per share rose 33 percent in the year to Aug. 31, the company said in a regulatory announcement.

Metorex Ltd. (MTX) , a miner of copper and cobalt in Zambia and the Democratic Republic of Congo, advanced to its highest in a week, adding 1.1 percent to 8.50 rand. China’s competition authorities unconditionally granted approval for its takeover by Jinchuan Group Ltd. and progress has been made on other approvals required by the People’s Republic of China, the company said in a regulatory filing.

Netcare Ltd. (NTC) , South Africa’s largest private- hospital operator, rose for a second day, gaining 0.5 percent to 13.86 rand. Earnings per share increased 26 percent to 122.1 cents in the year through September, the company said in a regulatory announcement.

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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