Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

South African Equities: Anglo American, BHP, Massmart, Sasol

June 10 (Bloomberg) -- The FTSE/JSE Africa All Share Index dropped to the lowest level since March 22, weakening 469.82 or 1.5 percent, to 31,164.35 at the 5 p.m. close in Johannesburg, taking its second consecutive weekly loss to 1.3 percent.

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

Anglo American Plc (AGL SJ), the diversified mining company that makes up 10 percent of the benchmark stock index, fell 9.35 rand, or 2.8 percent, to 320.15 rand. Copper fell on a decline in imports of the metal into China, the world’s largest consumer. Lead, nickel and zinc also declined on the London Metal Exchange. BHP Billiton Plc (BIL SJ), the world’s largest mining company, decreased 5.10 rand, or 2 percent, to 251.90 rand.

Massmart Holdings Ltd. (MSM SJ), the South African retailer in which Wal-Mart Stores Inc. is buying a controlling stake, fell to the lowest closing price since Sept. 16, declining 11.25 rand, or 8 percent, to 130 rand. Yesterday was the last day for Massmart investors to qualify for the 148 rand-a-share payout for 51 percent of the stock.

Sasol Ltd. (SOL SJ), the world’s biggest maker of motor fuel from coal, snapped three days of gains, losing 6.52 rand, or 1.8 percent, to 346.98 rand. Oil fell as much as 3.1 percent to $98.79 a barrel.

To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at

To contact the editor responsible for this story: Gavin Serkin at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.