Clover Industries, Coal of Africa, Woolworths: 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 climbed for a fourth day, adding 53.30, or 0.2 percent, to 31,051.35 by the 5 p.m. close in Johannesburg on Sept. 16.
Anglo American Plc (AGL) : The mining company that makes up about 9 percent of the benchmark stock index and Rio Tinto Group should give preference to South Africans when they sell their entire holdings in Palabora Mining Co., the National Union of Mineworkers said. Anglo gained 2 rand, or 0.7 percent, to 294.50 rand.
Clover Industries Ltd. (CLR) : The country’s biggest dairy company releases full-year earnings. Clover rose 8 cents, or 0.7 percent, to 11.15 rand.
Coal of Africa Ltd. (CZA) : The coal producer publishes full-year earnings. The stock dropped 7 cents, or 0.9 percent, to 7.40 rand.
Woolworths Holdings Ltd. (WHL SJ): The food and clothing retailer will replace Reinet Investments SCA in the FTSE/JSE Top 40 Index. Woolworths added 3 cents, or 0.1 percent, to 38 rand.
The following stocks will begin trading without the right to the latest dividend: African Rainbow Minerals Ltd. (ARI SJ), Bidvest Group Ltd. (BVT SJ), Capevin Investments Ltd. (CVI SJ), Cullinan Holdings Ltd. (CUL SJ), Dialogue Group Holdings Ltd. (DLG SJ), Eqstra Holdings Ltd. (EQS SJ), Exxaro Resources Ltd. (EXX SJ), Foschini Group Ltd. (TFG SJ), Hyprop Investments Ltd. (HYP SJ), Imperial Holdings Ltd. (IPL SJ), Italtile Ltd. (ITE SJ), Sun International Ltd. (SUI SJ), Naspers Ltd. (NPN SJ), Rainbow Chicken Ltd. (RBW SJ), Real Africa Holdings Ltd. (RAH SJ), SA Corporate Real Estate Fund (SAC SJ), Santam Ltd. (SNT SJ), Transpaco Ltd. (TPC SJ).
To contact the reporter on this story: Renee Bonorchis in Johannesburg at firstname.lastname@example.org
To contact the editors responsible for this story: Edward Evans at email@example.com