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South African Stocks: Anglo, BHP, AngloGold, Harmony, Sasol Move

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Jan. 3 (Bloomberg) -- The FTSE/JSE Africa All Share Index gained 2.5 percent to 32,768.35, its biggest advance in more than a month, by the close of trading in Johannesburg. The index declined 0.4 percent last year, the worst performance since its 26 percent slump in 2008.

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

Anglo American Plc (AGL SJ), the mining company that makes up about 9 percent of the benchmark, rose the most in more than three months, soaring 5.1 percent to 311.20 rand. Copper reached a three-week high in London, rebounding from the first annual drop in three years, on speculation that a pickup in manufacturing may signal increased demand for industrial metals.

BHP Billiton Ltd. (BIL SJ), the world’s biggest miner, surged 6.2 percent to 248.75 rand.

AngloGold Ashanti Ltd. (ANG SJ), Africa’s biggest producer of the metal, increased for a second day, adding 2 percent to 350.26 rand. Gold climbed in New York as a weaker dollar boosted demand for the metal.

Gold Fields Ltd. (GFI SJ), the nation’s second-biggest producer, advanced 1.6 percent to 126.54 rand. Harmony Gold Mining Co. (HAR SJ), South Africa’s third-largest gold producer, rose 1.7 percent to 96.63 rand.

Sasol Ltd. (SOL SJ), which supplies 40 percent of South Africa’s motor fuel, gained for a third day, climbing 1.4 percent to 391.00 rand. Oil advanced in New York after manufacturing activity in China and India expanded, while concern persisted that further sanctions against Iran may disrupt supply.

To contact the reporters 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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