The FTSE/JSE Africa All Share Index advanced the most in two months, gaining 705.38, or 2.3 percent, to 31,829.34 at the 5 p.m. close in Johannesburg. The index declined 2.2 percent last week.
The following were among the most active stocks in the South African market today. Stock symbols follow company names.
Anglo American Plc (AGL) , the mining company that makes up more than 9 percent of the benchmark stock index, gained the most since Nov. 10, adding 2.6 percent to 300.50 rand. Global stock markets rose for the first time in 11 days and some commodities and the euro advanced as European leaders drafted a framework for the region’s bail-out fund.
BHP Billiton Ltd. (BIL) , the world’s largest mining group, climbed 3.4 percent to 239 rand. Separately, the company named Graham Kerr as chief financial officer to succeed Alex Vanselow, who’s aiming to take up a chief executive officer role with another group.
Anglo American Platinum Ltd. (AMS) , the world’s biggest producer of the metal, snapped seven days of losses, rising 1.5 percent, to 528.01 rand. Platinum snapped three days of losses, rising 1.7 percent, to $1,557.13 an ounce. Impala Platinum Holdings Ltd. (IMP SJ), (IMP) the second-biggest producer, gained the most in a week, rising 1.3 percent, to 163.75 rand.
Sasol Ltd. (SOL) , the biggest producer of gasoline from coal, climbed the most since Nov. 2, jumping 3.2 percent to 377 rand. Oil advanced to its highest in more than a week on signs of economic recovery in the U.S., while sanctions on Syria stoked concern Middle East crude supplies may be threatened.
With assistance from Sikonathi Mantshantsha in Johannesburg.
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