Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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, Gold Fields, Nedbank

The FTSE/JSE Africa All Share Index advanced 199.60, or 0.6 percent, to 32,216.61 by the 5 p.m. close in Johannesburg, reversing an earlier decline of as much as 0.8 percent.

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

Anglo American Plc (AGL SJ), the mining company that makes up about 9 percent of the benchmark stock index, rose the most in two weeks, climbing 3.6 percent to 307.55 rand. The company sold a 24.5 percent holding in its Anglo Sur unit in Chile to Mitsubishi Corp., Japan’s largest trading company, for $5.39 billion, the London-based company said in a statement today.

AngloGold Ashanti Ltd. (ANG SJ), the world’s third-largest producer of the metal, dropped 0.5 percent to 378 rand. The company said it will invest 200 billion CFA francs ($413 million) on the Sadiola gold mine in Mali to extend output to 2025 from 2018.

Gold Fields Ltd. (GFI SJ), the country’s second-biggest producer, fell the most in more than a month, declining 3.1 percent to 138.38 rand. Third-quarter earnings excluding one-time items missed the median estimate of five analysts polled by Bloomberg.

Nedbank Group Ltd. (NED SJ), South Africa’s fourth-biggest bank, declined for a second day, falling 0.5 percent to 139.40 rand. The stock was downgraded to “underperform” from “neutral” at Credit Suisse Group AG, with a price estimate of 144 rand a share.

Sappi Ltd. (SAP SJ), the world’s largest maker of glossy paper, advanced the most in a year, rising 5.5 percent to 22.36 rand. The company expects to report a net profit for fiscal 2012, it said in a regulatory filing.

Telkom South Africa Ltd. (TKG SJ), Africa’s largest fixed-line phone company, declined 0.7 percent to 30.07 rand. The company said first-half earnings per share from continuing operations fell as much as 73 percent.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.