Rockwell Diamonds, Oasis, Old Mutual May Move: South Africa Equity Preview
The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.
The FTSE/JSE Africa All Share Index of stocks fell 34.21, or 0.1 percent, to 32,051.35 in Johannesburg.
Oasis Crescent Property Fund (OAS) : The exchange-traded property fund said net income retreated to 46 million rand ($7 million) from 56 million rand a year earlier, according to a regulatory filing released after the market closed yesterday. The stock was unchanged at 12.90 rand.
Old Mutual Plc (OML) : The third-biggest insurer in the U.K. by market value releases first-quarter results and holds an annual general meeting. The shares added 8 cents, or 0.5 percent, to 15.10 rand.
Rockwell Diamonds Inc. (RDI) : The company, which mines for diamonds in the Democratic Republic of Congo, appointed James Campbell as president and chief executive officer. The shares were unchanged at 30 cents.
The following shares begin trading without the right to their latest dividend:
Afgri Ltd. (AFR) , Brait SA (BAT) , Consolidated Infrastructure Group Ltd. (CIL) , Octodec Investments Ltd. (OCT) , Premium Properties Ltd. (PMM) , Simmer & Jack Mines Ltd. (SIM) and UCS Group Ltd. (UCS) .
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