Gold Fields, Pan African Resources, Sasol: South African 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 dropped 477.13, or 1.5 percent, to 30,440.87 by the 5 p.m. close in Johannesburg on Sept. 9.
Gold Fields Ltd. (GFI) , Africa’s second-biggest gold producer, hosts a roadshow for investors. The stock rose 4 rand, or 3.35 percent, to 123.25 rand.
Pan African Resources Plc (PAF) , a gold exploration and production company with projects in South Africa, Ghana and Mozambique, is scheduled to report full-year earnings. The stock rose 5 cents, or 3.25 percent, to 1.59 rand.
Sasol Ltd. (SOL) , the world’s largest maker of motor- fuel from oil, is due to report earnings. It forecast profit excluding one-time items will rise as much as 32 percent in the 12 months to June compared with a year earlier. The stock declined 12.49 rand, or 3.7 percent, to 324 rand.
The following stocks will begin trading without the right to the latest dividend: Advtech Ltd. (ADH) , Alert Steel Holdings Ltd. (AET) , Assore Ltd. (ASR) , Blue Label Telecoms Ltd. (BLU) , Cie Financiere Richemont SA (CFR SJ), City Lodge Hotels Ltd. (CLH) , Distell Group Ltd. (DST) , Emira Property Fund (EMI SJ), Growthpoint Properties Ltd. (GRT) , Harmony Gold Mining Co Ltd. (HAR) , Howden Africa Holdings Ltd. (HWN) , Impala Platinum Holdings Ltd. (IMP SJ), MTN Group Ltd. (MTN SJ), Massmart Holdings Ltd. (MSM) , Northam Platinum Ltd. (NHM) , OneLogix Group Ltd. (OLG) , Shoprite Holdings Ltd. (SHP) , Trencor Ltd. (TRE) , Woolworths Holdings Ltd. (WHL SJ)
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