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South African Stocks: Anglo, British American Tobacco, Harmony

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Dec. 8 (Bloomberg) -- The FTSE/JSE Africa All Share Index ended little changed at 32,760.17 by the close in Johannesburg, retracing an earlier gain of as much as 0.8 percent.

The following were among the most active stocks in the South African market today. Stock symbols follow company names.

Anglo American Plc (AGL SJ), the mining company that makes up more than 9 percent of the benchmark stock index, fell for a third day, dropping 0.5 percent to 312 rand. Copper for three-month delivery fell as much as 1.3 percent to $7,718.50 a metric ton on the London Metal Exchange.

BHP Billiton Ltd. (BIL SJ), the world’s biggest miner, dropped 0.8 percent to 250.01 rand.

British American Tobacco Plc (BTI SJ), Europe’s largest cigarette maker, gained for a third day, climbing 3.4 percent to 386.50 rand, its highest level on record. The company will be included in the Johannesburg Stock Exchange’s Top 40 index from Dec. 19, replacing ArcelorMittal South Africa Ltd. (ACL SJ), after a quarterly review of companies’ index weightings.

ArcelorMittal slid 1.9 percent to 60.41 rand.

Harmony Gold Mining Co. Ltd. (HAR SJ), Africa’s third-biggest gold miner, declined the most in almost three weeks, sliding 3.7 percent to 109.77 rand. Gold fell the most in more than two weeks after European Central Bank President Mario Draghi said he didn’t signal plans to purchase more bonds to spur growth.

Pretoria Portland Cement Co. (PPC SJ), South Africa’s biggest cement producer, gained the most in almost a week, rising 2.4 percent to 27.41 rand. South African cement sales rose 9.1 percent in November from the same month a year earlier to 1.14 million metric tons, the Cement & Concrete Institute said.

Super Group Ltd. (SPG SJ), a transport company, closed at its highest in three years, advancing 3.7 percent to 1.12 rand. The company announced a 10-for-one share consolidation and will offer to buy out investors holding fewer than 100 shares at a 5 percent premium to the 5-day volume-weighted average price up to Jan. 5 2012.

Tsogo Sun Holdings Ltd. (TSH SJ), South Africa’s largest hotel and resort operator, gained for the first time in four days, adding 0.7 percent to 16.51 rand. The group reached an agreement with Accor Group to purchase the 52.6 percent of Hotel Formula 1 (Pty) Ltd. that it doesn’t already own.

To contact the reporter on this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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