The FTSE/JSE Africa All Share Index advanced 597.36, or 1.9 percent, to 32,514.38 by the 5 p.m. close in Johannesburg, paring last week’s 3 percent decline.
The following were among the most active stocks in the South African market today.
AngloGold Ashanti Ltd. (ANG SJ), Africa’s biggest gold producer, climbed to a record, adding 3.2 percent to 380.20 rand. Gold advanced to the highest level in more than six weeks as concern Italian Prime Minister Silvio Berlusconi will fail to muster a majority for a key parliamentary vote tomorrow helped stoke demand for a haven.
Gold Fields Ltd. (GFI SJ), the country’s second-biggest producer, rose to its highest close in five years, adding 4.4 percent to 143 rand. Harmony Gold Mining Co. (HAR SJ), the continent’s third-largest gold company, surged 5.5 percent to 112 rand.
Bidvest Group Ltd. (BVT SJ), an industrial holding company, rose the most in five weeks, adding 3.6 percent to 159 rand. The company was rated “neutral” in new coverage by HSBC Holdings Plc, with a price estimate of 173 rand.
Cashbuild Ltd. (CSB SJ), a building materials distributor, climbed to a record after saying revenue rose 8 percent in the quarter through September, even as “trading conditions remained tough.” The shares rose 1.4 percent to 106.50 rand.
Goliath Gold Mining Ltd. (GGM SJ), a mining company, advanced the most in more than two weeks, adding 1.5 percent to 3.45 rand. Earnings per share may reach 6.57 cents for the six months to Sept. 30, the company said in a trading update.
Vividend Income Fund Ltd. (VIF SJ), a commercial, retail and industrial property investor, gained for a second day, adding 3.2 percent to 4.90 rand. The company reported earnings of 3.2 million rand ($404,000) in the year through August, its first reporting period since listing on the Johannesburg Stock Exchange in November 2010.
Vodacom Group Ltd. (VOD SJ), the largest provider of wireless services to South Africans, fell for a third day, slipping 0.8 percent to 88.51 rand. The company said fiscal first-half profit rose 6 percent, missing estimates as it boosted spending to avoid a repeat of network outages.