AME, Dorbyl, Telkom, Nampak, PSV: South Africa Equity Preview

The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.

The FTSE/JSE Africa All Share Index fell 175.18, or 0.6 percent, to 31,398.82 in Johannesburg.

African Bank Investments Ltd. (ABL SJ): The lender said profit for the year through September rose 4.7 percent to 1.94 billion rand ($279 million). The stock gained 30 cents, or 0.8 percent, to 37.24 rand.

African Media Entertainment Ltd. (AME SJ): The producer of television advertisements said net income climbed 17 percent to 11.9 million rand for the six months through September. The share was unchanged at 34 rand.

Dorbyl Ltd. (DLV SJ): The mechanical engineering company said it had a loss of 475,000 rand for the six months through September. Dorbyl dropped 8 cents, or 2.5 percent, 3.07 rand.

First Uranium Corp. (FUM SJ): The miner of energy fuel said on Nov. 19 operations at its Ezulwini mine in South Africa will resume later that day after a government-imposed safety suspension was lifted. The share added 55 cents, or 7.7 percent, to 7.70 rand.

Lonmin Plc (LON SJ): The world’s third-largest platinum producer said the miner who went missing in its K3 shaft at its Marikana mine has been found alive and rescued. Lonmin retreated 1.96 rand, or 1 percent, to 197.02 rand.

Nampak Ltd. (NPK SJ): The South African packaging company reports earnings for the year through September. Nampak fell 20 cents, or 1 percent, to 19.70 rand.

PSV Holdings Ltd. (PSV SJ): The pumps and valves supplier posted a profit of 3.58 million rand in the six months through Aug. 31 from a loss of 59.8 million rand a year earlier. PSV will acquire Turbo Agencies Ltd. for 24 million rand. The stock surged 2 cents, or 7.4 percent, to 29 cents.

Simmer and Jack Mines Ltd. (SIM SJ): The gold producer posted cash operating profit of 7.9 million rand in the three months through Sept. 30 from a loss of 52.8 million rand during the previous quarter. It expects the Buffelsfontein mine to produce 21,000 ounces in the current quarter and Tau Lekoa some 30,000 ounces. Simmer gained 1 cent, or 1.1 percent, to 91 cents.

Telkom South Africa Ltd. (TKG SJ): Africa’s largest fixed-line phone company said profit for the six months through September retreated to 1.01 billion rand from 39.7 billion rand a year earlier. The stock dropped 29 cents, or 0.8 percent, 35.91 rand.

Shares or American depositary receipts of South African companies closed as follows:

Anglo American Plc (AAUKY US) fell 0.5 percent to $23.46. AngloGold Ashanti Ltd. (AU US) dropped 0.3 percent to $47.58. DRDGold Ltd. (DROOY US) retreated 1.4 percent to $4.93. Gold Fields Ltd. (GFI US) decreased 0.1 percent to $16.69. Harmony Gold Mining Co. (HMY US) added 0.9 percent to $11.87. Impala Platinum Holdings (IMPUY US) dropped 0.2 percent to $30.60. Sappi Ltd. (SPP US) rose 0.4 percent to $5.47. Sasol Ltd. (SSL US) advanced 0.7 percent to $48.33.

The following shares begin trading without the right to their latest dividend:

Caxton and CTP Publishers and Printers Ltd. (CAT SJ), Country Bird Holdings (CBH SJ), Famous Brands Ltd. (FBR SJ), Gijima Group Ltd. (GIJ SJ), IQuad Group Ltd. (IQG SJ), New Europe Property Investment Ltd. (NEP SJ), Redefine Properties Ltd. (RDF SJ), Sappi Ltd. (SAP SJ).

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