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 Shares: Anglo, Aquarius, Old Mutual, Sasol Move

Don't Miss Out —
Follow us on:

June 22 (Bloomberg) -- The FTSE/JSE Africa All Share Index declined for a second day, dropping 1.2 percent to 34,118.87 by the close in Johannesburg. The gauge has advanced 0.5 percent this week, having reached a record on June 20.

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 owns 77 percent of the world’s biggest platinum miner, slid 2.2 percent to 270.36 rand, a second day of losses, as the metal declined.

Aquarius Platinum Ltd. (AQP SJ), the producer of the metal that has suspended operations at two mines in the past two weeks, declined to the lowest on record in Johannesburg trading, slumping 5 percent to 6.65 rand.

Old Mutual Plc (OML SJ), the U.K.’s third-biggest life insurer, fell the most in three weeks, dropping 1.4 percent to 20.41 rand. Shares in banks and insurers weakened in Europe after Moody’s Investor Services cut credit ratings for Credit Suisse Group AG, Morgan Stanley and 13 other banks.

Sasol Ltd. (SOL SJ), the largest producer of motor fuels made from coal, declined to the lowest close in more than a month, sliding 2.7 percent to 353 rand. The company said it had to clear its Sasolburg plant in South Africa yesterday because of a sulphur spillage.

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

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.