South Africa Shares: Abil, Barloworld, Naspers, Vodacom Move

The FTSE/JSE Africa All Share Index declined for a third day, falling 0.2 percent to 33,086.00 by the close in Johannesburg. The gauge lost 2.6 percent last week.

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

African Bank Investments Ltd. (ABL SJ), South Africa’s biggest provider of small loans, gained for the first time in three days, rising 1.6 percent to 36.02 rand. First-half earnings excluding one-time items climbed 25 percent to 1.4 billion rand ($169 million).

Barloworld Ltd. (BAW SJ), the world’s biggest forklift trader, gained the most since January, adding 3.6 percent to 84.25 rand. Earnings per share excluding one-time items increased 70 percent to 2.45 rand in the fiscal first half through March from a year earlier.

Famous Brands Ltd. (FBR SJ), a fast-food chain holdings company, advanced the most in three weeks, jumping 0.9 percent to 52.49 rand. Earnings per share increased 15 percent to 278 cents in the year through February, the company said in a statement today.

Naspers Ltd. (NPN SJ), Africa’s biggest media group, declined the most almost 10 months, falling 5.2 percent to 436.21 rand. Facebook Inc.’s “disappointing” initial public offering on May 18 resulted in declines in the share prices of other Internet companies, including Naspers, which owns an indirect stake in Facebook, analysts said.

Netcare Ltd. (NTC SJ), South Africa’s third-largest private-hospital operator by market value, jumped to the highest in more than 10 months after UBS AG raised its recommendation on the stock to buy from neutral. Shares in the company jumped 2 percent to 15 rand, the highest since July.

Pioneer Food Group Ltd. (PFG SJ), a producer of cereals and fruit juice, declined for a ninth day, the longest losing streak since its 2008 listing, retreating 0.9 percent to 57.45 rand. Adjusted headline earnings per share for the six months through March, which exclude a charge related to a black economic empowerment deal, fell 6 percent, the company said in a statement today.

Vodacom Group Ltd. (VOD SJ), the largest provider of wireless services to South Africans, snapped a two-day drop, advancing 3.1 percent to 103.10 rand. The company raised its dividend 54 percent to 7.10 rand a share for the year through March.

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