South African Stocks: Anglo, BHP, Aspen, Metrofile, Mr Price
Stock Chart for Aspen Pharmacare Holdings Ltd (APN)
The FTSE/JSE Africa All Share Index (JALSH) advanced for a fourth day, the longest winning streak in more than two months, gaining 0.3 percent to 34,216.55 by the close in Johannesburg. The index climbed 1.5 percent this week.
The following are among the most active equities in the market today. Stock symbols follow company names.
Anglo American Plc (AGL) , the diversified miner that makes up about 9 percent of the index, climbed 0.8 percent to 295.79 rand, a fourth day of gains. Copper rose in London, buoyed by shrinking inventories of the metal, signs of demand from carmakers and an unexpected gain in German business confidence.
BHP Billiton Ltd. (BIL) , the world’s biggest resources company, added 0.4 percent to 247.34 rand, a third day of gains.
Aspen Pharmacare Holdings Ltd. (APN) , the Southern Hemisphere’s largest drugmaker, gained the most in almost three years, jumping 5.9 percent to 122.89 rand. Earnings will be boosted by the purchase of drug ranges from GlaxoSmithKline Plc, the company said today.
Metrofile Holdings Ltd. (MFL) , a filing and document- management company, climbed to the highest in almost three weeks, rising 3.3 percent to 3.10 rand. Sabvest Ltd. increased its interest in the company to 6 percent, it said today.
Mr Price Group Ltd. (MPC) , a South African clothing and furniture retailer, rose to a record, adding 2.1 percent to 103.48 rand. Credit Suisse Group AG raised its price estimate for the shares to 110 rand, from 76 rand.
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