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South African Equities: African Rainbow, Anglo, Impala, Metair

March 28 (Bloomberg) -- The FTSE/JSE Africa All Share Index declined for the first time in four days, falling 0.7 percent to 33,621.93 at the close in Johannesburg. The gauge has gained 5.1 percent this year after retreating 0.4 percent in 2011.

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

African Rainbow Minerals Ltd. (ARI SJ), a miner of gold and industrial metals, fell for the first time in three days, dropping 1 percent to 184.85 rand. Talks to end a strike at the Modikwa platinum mine, which it owns with Anglo American Platinum Ltd., “didn’t make much progress,” Lesiba Seshoka, a spokesman for the National Union of Mineworkers, said by phone yesterday. Workers have been on strike since March 15.

Anglo American Plc (AGL SJ), the diversified miner that makes up about 9 percent of the index, fell to the lowest in five months, sliding 2.1 percent to 287.69 rand. Copper headed for the biggest decline in three weeks in New York on signs that demand for the metal is weakening in China, the world’s biggest consumer. Aluminum, zinc, tin, nickel and lead also declined.

BHP Billiton Ltd. (BIL SJ), the world’s biggest resources company, slid 1.4 percent to 230.53 rand.

Impala Platinum Holdings Ltd. (IMP SJ), the world’s second-largest producer of the metal, dropped 1.6 percent to 158.20 rand. Platinum declined for the first time in four days, falling as much as 1.3 percent to $1,632.48 an ounce.

Wesizwe Platinum Ltd. (WEZ SJ), an explorer of the metal, fell 1.5 percent to 1.32 rand.

Metair Investments Ltd. (MTA SJ) rose 1.4 percent to 24 rand, the highest since at least August 1990, as investors bet a contract to supply BMW South Africa and a European acquisition would boost profit at the motor-vehicle components maker.

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

To contact the editors responsible for this story: Gavin Serkin at

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