South African Stocks: Anglo, BHP, Country Bird, Mondi, Telkom

The FTSE/JSE Africa All Share Index fell for the second time in three days, declining 0.3 percent to 34,112.44 by the close in Johannesburg.

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

Anglo American Plc (AGL SJ), a diversified miner that makes up about 9 percent of the index, fell for the third time in four days, dropping 2 percent to 335.60 rand. Copper fell for a third day in New York on renewed concern the euro-area sovereign-debt crisis may crimp demand after Moody’s Investors Service cut debt ratings for six countries, including Italy.

BHP Billiton Ltd. (BIL SJ), the world’s biggest miner, slipped 1.3 percent to 250.50 rand.

Country Bird Holdings Ltd. (CBH SJ), a chicken producer, climbed to its highest in more than four years, jumping 4 percent to 5.25 rand. South Africa provisionally imposed higher charges on poultry imports from Brazil to protect local suppliers.

Astral Foods Ltd. (ARL SJ), South Africa’s largest chicken producer by market value, rose the most in more than nine months, gaining 2.5 percent to 125.20 rand.

Mondi Ltd. (MND SJ), Europe’s biggest maker of office paper, advanced to its highest in more than six months, climbing 3.7 percent to 67.43 rand. Operating profit for the 12 months to Dec. 31 will be “considerably higher” than a year earlier, the company said in a stock exchange statement today.

Telkom South Africa Ltd. (TKG SJ), Africa’s biggest fixed-line phone company, slumped to its lowest in more than eight years, dropping 2.7 percent to 27.45 rand. South Africa’s antitrust commission asked the Competition Tribunal to impose a 3.5 billion-rand penalty on the company, Business Day reported, citing the commission.

Tiger Brands Ltd. (TBS SJ), South Africa’s largest food company, rose for the first time in seven days, gaining 0.8 percent to 250 rand. Headline earnings per share are expected to show “satisfactory growth” for the year to September 2012, Chairman Lex van Vught said at the company’s annual general meeting today.

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