April 6 (Bloomberg) -- South Africa’s FTSE/JSE Africa All Share Index gained for a fourth day, adding 256.61, or 0.8 percent, to 32,887.47 the 5 p.m. close of trade in Johannesburg.
The following were among the most active stocks in the South African market today.
Andulela Investment Holdings Ltd. (AND SJ), the investment group, had its biggest decline this year, dropping 9 cents, or 47 percent, to 10 cents. Andulela said amendments were made to conditions for its acquisition of Pro Roof Steel Merchants Ltd.
AngloGold Ashanti Ltd. (ANG SJ), the world’s third-largest gold producer, rose to the highest in a month, gaining 6.76 rand, or 2 percent, to 338 rand. Gold climbed to a record for a second day as the sovereign-debt crisis in Europe deepened after Moody’s Investors Service cut Portugal’s credit rating and higher grain and oil prices worsened the inflation outlook. Gold Fields Ltd. (GFI SJ), the fourth-biggest producer, rallied for a seventh day, the longest streak of gains since September 2007, adding 2.75 rand, or 2.3 percent, to 123.50 rand. Harmony Gold Mining Co. (HAR SJ), Africa’s third-largest producer, snapped two days of losses to advance 3.15 rand, or 3.2 percent, to 103.25 rand.
Basil Read Holdings Ltd. (BSR SJ), the construction company, increased the most in 18 months, rising 66 cents, or 5.6 percent, to 12.50 rand. The company said its Majwe joint venture was awarded a “multi-billion rand” mining services contract by Debswana Diamond Co. in Botswana.