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South African Equities: Abil, Anglo, AngloGold, Exxaro, Telkom

The FTSE/JSE Africa All Share Index closed at its lowest in a month, declining 2.2 percent to 31,116.01 by the 5 p.m. close in Johannesburg, a fourth day of losses. The index fell 1.4 percent last week.

The following were among the most active stocks in the South African market today. Stock symbols are in parentheses.

African Bank Investments Ltd. (ABL SJ), South Africa’s biggest provider of small loans, fell to the lowest in more than three weeks, dropping 2.3 percent to 33.50 rand. Fiscal full-year profit rose 24 percent, missing analyst estimates, as lower consumer spending slowed growth.

Anglo American Plc (AGL SJ), the mining company that makes up more than 9 percent of the benchmark stock index, fell for a fourth day, declining 3.3 percent to 295.20 rand. Copper fell in New York as U.S. legislators’ expected failure to reach agreement on deficit savings boosted demand for safer assets, lifting the dollar.

BHP Billiton Ltd. (BIL SJ), the world’s largest mining group, slid 3.7 percent to 233.14 rand.

AngloGold Ashanti Ltd. (ANG SJ), the world’s third-largest producer of the metal, declined for a third day, falling 2.1 percent to 366 rand. Gold slid in New York, extending last week’s drop, as the stronger dollar curbed demand for the metal as an alternative investment.

Gold Fields Ltd. (GFI SJ), the country’s second-biggest producer, slipped 2.6 percent to 129.58 rand.

Calgro M3 Holdings Ltd. (CGR SJ), a housing developer, rose 35 percent to 2.80 rand, the highest in more than 3 1/2 years. Earnings per share for the year through February 2012 may increase more than 175 percent, the company said in a trading update.

Exxaro Resources Ltd. (EXX SJ), the diversified mining company that exports about 42 percent of its coal output, headed closed at its lowest in a month, dropping 3.5 percent to 172 rand. Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, fell for a fifth week to the lowest in almost a year, according to data on Bloomberg from researcher IHS McCloskey.

Northam Platinum Ltd. (NHM SJ), the operator of the world’s deepest platinum mine, advanced for the first time in three days, adding 2.1 percent to 31.40 rand. The company will resume wage talks with South Africa’s National Union of Mineworkers and Solidarity union on Nov. 24 in what should be the “final stretch” of negotiations, Marco van der Linde, a Northam spokesman, said by mobile phone today.

RGT Smart Market Intelligence Ltd. (RGT SJ), a provider of market analysis, surged 17 percent to 14 cents, gaining the most in more than six weeks. Net income rose 5 percent to 1.9 million rand ($230 million), the company said in a regulatory filing.

Telkom South Africa Ltd. (TKG SJ), Africa’s largest fixed-line phone company, slid 2.5 percent to rand, the lowest in almost eight years. The company reported a drop in first-half profit due to lower revenue and higher capital expenditure.

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