South Africa Shares: Sasol, Sentula Mining, Taste Holdings Move

The FTSE/JSE Africa All Share Index (JALSH) declined for a second day, falling less than 0.1 percent to 33,076.30 by the close in Johannesburg.

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

Sasol Ltd. (SOL) , the largest producer of motor fuels made from coal, slipped for a second day, sliding 1.6 percent to 355.50 rand. Oil fell for a fifth day in New York to the lowest price in almost eight months on signs of an economic slowdown in the U.S. and China.

Sentula Mining Ltd. (SNU) , a mining-services contractor, dropped for a fourth day after saying it will report a loss per share of between 88.33 cents and 89.54 cents for the year through March. The stock declined 1 percent to 1.92 rand.

Taste Holdings Ltd. (TAS) , a restaurant franchise holder, advanced to a record in Johannesburg trading after saying a 4 cents-per-share gross dividend declared on May 23 won’t be taxed under a new law. The stock climbed 9 percent to 2.78 rand.

To contact the reporters 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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