South African Stocks: Anglo, BHP Billiton, Firestone Energy Move

The FTSE/JSE Africa All Share Index advanced 184.88, or 0.6 percent, to 32,904.57 by 12:57 p.m. in Johannesburg, headed for its highest close in almost 10 months.

The following are 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, rose to its highest in almost three weeks, adding 0.7 percent to 317.18 rand. Copper advanced on speculation that European leaders will step up their efforts to contain the sovereign-debt crisis at a two-day summit this week, easing concern that the base commodity’s demand may fall.

BHP Billiton Ltd. (BIL) , the world’s biggest miner, advanced 1 percent to 255.10 rand.

African Rainbow Minerals Ltd. (ARI) , a diversified mining group, rose 0.9 percent to 178.58 rand.

Firestone Energy Ltd. (FSE) , an Australian exploration company with operations in South Africa, climbed the most since April 2010, surging 43 percent to 10 cents. The company said funding for Sekoko Resources Ltd., its partner in the Waterberg Coal Joint Venture, remains in place.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.