The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.
South Africa’s FTSE/JSE Africa All Share Index declined 57.36, or 0.2 percent, to 27,145.36 at the close in Johannesburg, extending its loss in the past month to 5.2 percent, the worst since February 2009.
Absa Group Ltd. (ASA SJ): South African Finance Minister Pravin Gordhan will issue a statement after meeting with the country’s banks. Absa fell 1.99 rand, or 1.5 percent, to 128.01 rand.
African Brick Centre Ltd. (ABK SJ): The owner of clay brick manufacturing plants said it plans to raise 20 million rand ($2.6 million) in capital by selling shares. The company’s stock was unchanged at 9 cents.
Cullinan Holdings Ltd. (CUL SJ): The tourism operator’s earnings were up 103 percent in the year through March from the same period last year. Shares of the company remained unchanged at 70 cents.
Tongaat-Hulett Ltd. (TON SJ): Africa’s second-biggest sugar producer will hold a presentation on its financial results. The company posted 15-month net income of 2.9 billion rand on May 28. Tongaat rose 1.44 rand, or 1.5 percent, to 98.44 rand.
Zaptronix Ltd. (ZPT SJ): The information technology company reported a net loss of 1.81 million rand in the six months ended Feb. 28, compared with a loss of 2.58 million rand in the same period the previous year, according to a stock exchange filing. Stock of Zaptronix was unchanged at 3 cents.
Zeder Investments Ltd. (ZED SJ): The investment company received acceptance from shareholders of KWV Holdings Ltd. to purchase shares in the company it does not already own for 9.60 a share, along with co-purchaser Rootstock Capital Ltd., it said in a statement. Zeder’s stock was unchanged at 1.90 rand.
Shares did not trade in the U.S. as stock exchanges were closed due to a public holiday.