South Africa Shares: Abil, AngloGold, Barloworld, Vodacom Move

The FTSE/JSE Africa All Share Index (JALSH) declined for a third day, falling 0.2 percent to 33,082.59 by 9:44 a.m. in Johannesburg. The index lost 2.6 percent last week, its worst five-day performance since Nov. 4.

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

African Bank Investments Ltd. (ABL) , South Africa’s biggest provider of small loans, gained for the first time in three days, rising 0.6 percent to 35.67 rand. First-half earnings excluding one-time items climbed 25 percent to 1.4 billion rand ($169 million), the company said in a statement today.

AngloGold Ashanti Ltd. (ANG) , the third-largest producer of the metal, advanced to the highest in almost two months, jumping 0.8 percent to 288.31 rand. Gold climbed for a third day, gaining alongside equities and other commodities, before German and French leaders meet today to discuss the euro and as China said it will focus on aiding growth.

Barloworld Ltd. (BAW) , the world’s biggest forklift trader, gained for the first time in four day, rising 1 percent to 82.14 rand. Earnings per share excluding one-time items increased 70 percent to 2.45 rand in the fiscal first half through March from a year earlier, the company said in a statement today.

Pioneer Food Group Ltd. (PFG) , a producer of cereals and fruit juice, declined for a ninth day, the longest losing streak since its 2008 listing, retreating 0.8 percent to 57.51 rand. Adjusted headline earnings per share for the six months through March, which exclude a charge related to a black economic empowerment deal, fell 6 percent, the company said in a statement today.

Vodacom Group Ltd. (VOD) , the largest provider of wireless services to South Africans, snapped a two-day drop, advancing 1.8 percent to 101.75 rand. The company raised its dividend 54 percent to 7.10 rand a share for the year through March, it said in a statement today.

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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