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South African Equities: Anglo Platinum, Billiton, Standard Bank

Dec. 1 (Bloomberg) -- South Africa’s FTSE/JSE Africa All Share Index advanced 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.

The following were among the most active stocks in the South African market today.

Anglo Platinum Ltd. (AMS SJ), the world’s biggest producer of the metal, rose 14.16 rand, or 2.1 percent, to 675.66 rand, the first increase in four days. Platinum rose as much as 0.9 percent to $1,682.75 an ounce. Impala Platinum Ltd. (IMP SJ), the second-largest producer, added 8.33 rand, or 4.1 percent, to 210.75 rand.

BHP Billiton Plc (BIL SJ), the world’s largest mining company, advanced 7.99 rand, or 3.2 percent, to 258.68 rand, the biggest gain since Nov. 4. The price of copper, lead, tin, nickel and zinc rose in London as faster-than-expected manufacturing growth in China boosted the outlook for the global economy. Anglo American Plc (AGL SJ), the diversified mining company that makes up about 10 percent of South Africa’s benchmark stock index, climbed 8.80 rand, or 2.8 percent, to 318.79 rand.

Sasol Ltd. (SOL SJ), the world’s biggest maker of motor fuel from coal, rose for the first day in four, gaining 3.70 rand, or 1.2 percent, to 319 rand. Oil rose as much as 2.2 percent to $85.95 a barrel in New York.

Standard Bank Group Ltd. (SBK SJ) rose for the first day in three, advancing 1.48 rand, or 1.5 percent, to 103.51 rand. Africa’s biggest lender said it sold two bonds backed by residential mortgages worth 1.7 billion rand ($242 million) last week as part of its securitization program.

To contact the reporters on this story: Franz Wild in Johannesburg at fwild@bloomberg.net; Mike Cohen in Cape Town at mcohen21@bloomberg.net.

To contact the editor responsible for this story: Peter Hirschberg at phirschberg@bloomberg.net.

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