South African Stocks: Anglo, Aquarius, Harmony, Implats, M&R

The FTSE/JSE Africa All Share Index (JALSH) advanced for the first time in three days, rising 0.9 percent to 33,924.61 by 12:23 p.m. in Johannesburg. The index has gained 6.1 percent this month, its best January since 2006.

The following are among the most active equities in the South African market today. Stock symbols follow company names.

Anglo American Plc (AAL) , the diversified miner that accounts for 9 percent of the benchmark index, rose for the first time in three days, gaining 1 percent to 327.70 rand. Copper for three-month delivery rose as much as 1.1 percent to $8,522.50 a metric ton on the London Metal Exchange.

BHP Billiton Ltd. (BIL) , the world’s biggest miner, added 1.1 percent to 266.50 rand.

Aquarius Platinum Ltd. (AQP) , the fourth-biggest platinum miner, dropped for a second day, sliding 2.4 percent to 21.38 rand. The company reported a 17 percent retreat in platinum group metals output to 105,629 ounces for the quarter ended Dec. 31 from a year earlier.

Harmony Gold Mining Co. Ltd. (HAR) , South Africa’s third-biggest producer, advanced for a fourth day, climbing 1.2 percent to 96.55 rand. Gold climbed to a seven-week high in London, extending its best start to a year since 1980, as commodities advanced.

Impala Platinum Holdings Ltd. (IMP) , the second-largest producer, advanced 0.8 percent to 175.71 rand, its first rise in three days. The company named Metorex Ltd. head Terence Goodlace as chief executive officer, replacing David Brown, who is stepping down.

Merafe Resources Ltd. (MRF) , a ferrochrome mining company, slipped 1.1 percent to 90 cents. Ferrochrome production last year fell to 263,000 metric tons from 300,000 tons a year earlier, the company said in a production report.

Murray & Roberts Holdings Ltd. (MUR SJ), South Africa’s second-biggest construction company, fell the most in five months, dropping 5.4 percent to 26.50 rand. The group plans to sell 2 billion rand ($256 million) of stock to existing investors to cut debt and fund its order book and expansion.

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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