South African Stocks: Anglo, AngloGold, Implats, Mondi, Mustek

The FTSE/JSE Africa All Share Index (JALSH) declined for a third day, falling 0.9 percent to 33,801.64 by the close in Johannesburg.

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

Anglo American Plc (AGL) , a diversified miner that makes up about 9 percent of the index, retreated to its lowest in a month, slipping 2.6 percent to 320.51 rand. Copper fell for a fifth day in its longest losing streak since November after Europe postponed a decision on a second Greek bailout, spurring concern the nation may default. Aluminum, zinc and lead fell.

BHP Billiton Ltd. (BIL) , the world’s biggest miner, edged 0.9 percent lower to 248.30 rand.

AngloGold Ashanti Ltd. (AGN) (ANG SJ), Africa’s biggest producer of the metal, closed at its lowest in four months, easing 4.1 percent to 326.14 rand. Gold declined after the delay on Greece’s bailout boosted the dollar and eroded demand for the metal as an alternative investment.

City Lodge Hotels Ltd. (CLH) , a hotel operator, rose the most in almost seven months on a closing basis, jumping 5.5 percent to 76.02 rand. The stock was raised to “neutral” from “underweight” at HSBC Holdings Plc.

Country Bird Holdings Ltd. (CBH) , a chicken producer, slumped the most in 11 months, slipping 5.8 percent to 4.85 rand. Earnings per share for the six months to Dec. 31 will be 44 percent to 48 percent lower than a year earlier after a strike at one of its abattoirs, the company said in a regulatory filing after yesterday’s market close.

Impala Platinum Holdings Ltd. (IMP) , the second-biggest producer, fell 4 percent to 158.19 rand, the lowest close since July 2009. The company said it has lost 60,000 ounces of production from the Rustenburg operation after an illegal strike. The South African Defence Force joined police outside of the company’s Rustenburg mine to help stop protesters who are looting, blocking roads and intimidating those who want to return to work at the world’s largest platinum mine, a union official said.

Mondi Ltd. (MND) , Europe’s biggest maker of office paper, dropped for the first time in four days, falling 2 percent to 66.89 rand. The company offered 1.17 billion zloty ($360 million) to buy the remaining 34 percent of its Polish unit Mondi Swiecie SA and delist the company from the Warsaw Stock Exchange.

Mustek Ltd. (MST) , a South African information technology company, fell to the lowest in more than a month, sliding 2.1 percent to 5.63 rand. Earnings per share dropped as much as 45 percent in the six months through December from a year earlier, the company said in a trading statement today.

Telemasters Holdings Ltd. (TLM) , which sells phone services to South African companies, sank 7.7 percent to 1.20 rand, the lowest in almost eight months. The company reported a loss of 2.5 cents per share for the three months through December from a profit of 8.05 cents a year earlier.

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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