Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

South African Equities: Anglo American, BHP, MTN, Telkom

March 30 (Bloomberg) -- The FTSE/JSE Africa All Share Index advanced for the first time in three days, rising 0.2 percent to 33,554.21 by the close in Johannesburg. The gauge has gained 4.9 percent this year after retreating 0.4 percent in 2011.

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

Anglo American Plc (AGL SJ), the diversified miner that makes up about 9 percent of the index, climbed 0.8 percent to 285.10 rand. Standard & Poor’s GSCI index of commodities rebounded from three days of losses, jumping as much as 1.2 percent. BHP Billiton Ltd. (BIL SJ), the world’s biggest resources company, advanced 0.9 percent to 233.52 rand.

MTN Group Ltd. (MTN SJ), Africa’s biggest mobile-phone company, declined for a second day, dropping 1.7 percent to 135.02 rand. The company will oppose a $4.2 billion claim filed against it by Turkcell Iletisim Hitzmetleri AS, it said after the market closed yesterday.

Telkom South Africa Ltd. (TKG SJ), Africa’s largest fixed-line company, plunged 1.4 percent to 24 rand, its lowest level in more than eight years, after saying earnings excluding one-time items probably fell at least 25 percent for the year through March.

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

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.