Dec. 2 (Bloomberg) -- The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.
South Africa’s FTSE/JSE Africa All Share Index rose for the first day in four, adding 520.92, or 1.7 percent, to 30,787.32 at the 5 p.m. close in Johannesburg.
FirstRand Ltd. (FSR SJ): South Africa’s second-biggest financial-services company holds its annual general meeting. The shares climbed 24 cents, or 1.2 percent, to 20.29 rand.
Sasol Ltd. (SOL SJ): The world’s largest producer of motor fuel from coal gives a business update in its quarterly chief financial officer’s newsletter. The shares rose 3.70 rand, or 1.2 percent, to 3.19 rand.
Telkom South Africa Ltd. (TKG SJ): Africa’s largest fixed-line phone company may sell the CDMA technology cell-phone division of its loss-making Multi-Links unit in Nigeria to the UAE’s Emirates Telecommunications Corp., Johannesburg-based newspaper Business Report said, citing a letter from an unidentified Multi-Links executive. Telkom added 59 cents, or 1.7 percent, to 35.70 rand.
Shares or American depositary receipts of the following South African companies closed as follows:
Anglo American Plc (AAUK US) rose almost 3 percent to $22.73. AngloGold Ashanti Ltd. (AU US) added 1.1 percent to $47.32. BHP Billiton Ltd. (BBL US) rose 4.4 percent to $74.31. DRDGold Ltd. (DROOY US) gained 0.6 percent to $4.77. Gold Fields Ltd. (GFI US) advanced 0.5 percent to $16.78. Harmony Gold Mining Co. (HMY US) rose 0.7 percent to $11.41. Impala Platinum Holdings (IMPUY US) climbed 5.1 percent to $30. Sappi Ltd. (SPP US) lost 0.4 percent to $5.08. Sasol Ltd. (SSL US) rose added 2.5 percent to $45.77.
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