June 7 (Bloomberg) -- The FTSE/JSE Africa All Share Index rose to the highest in almost four weeks, advancing 0.9 percent to 33,904.86 by the close in Johannesburg.
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 more than 7 percent of the index, gained for a fifth day, climbing 1.6 percent to 275.23 rand. Commodities rallied after China cut interest rates for the first time since 2008 to combat a deepening economic slowdown.
BHP Billiton Ltd. (BIL SJ), the world’s biggest resources company, jumped 2.7 percent to 236.34 rand.
FirstRand Ltd. (FSR SJ), South Africa’s second-biggest banking group, advanced 2.7 percent to 26.95 rand, the highest since at least 1990 when Bloomberg started compiling data on the stock. South African banks rallied after China’s rate cut, fueling speculation more central banks will take steps to boost economic growth.
First Uranium Corp. (FUM SJ), a uranium and gold producer, gained the most on record as it surged 82 percent to 1.20 rand. The company increased its proposed distribution to shareholders once it sells assets to AngloGold Ashanti Ltd. and Gold One International Ltd.
Peregrine Holdings Ltd. (PGR SJ), a money manager and stockbroker, rose to the highest in almost five months, climbing 9 percent to 12 rand. The company doubled its final dividend for the year through March and declared a special distribution of shares in Consolidated Infrastructure Group Ltd.
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