South Africa Stocks: EOH Holdings, Lonmin, Sentula, Mvelaphanda
The FTSE/JSE Africa All Share Index fell, paring a second consecutive weekly advance. The measure dropped 127.25, or 0.4 percent, to 32,632.92 by the 5 p.m. close in Johannesburg, for a weekly gain of 0.1 percent.
The following were among the most active stocks in the South African market today. Stock symbols follow company names.
EOH Holdings Ltd. (EOH) dropped 0.6 percent to 26.98 rand, its first decline in two weeks. The information technology company bought Stanley Security Solutions SA for an undisclosed fee, TechCentral reported, citing EOH’s Chief Executive Officer Asher Bohbot.
Lonmin Plc (LON) , the third-largest platinum producer, fell to the lowest close since Nov. 28, after a worker died in an incident at its Marikana mine. The shares retreated 2 percent to 130.43 rand.
Mvelaphanda Group Ltd. (MVG) , an investment company, had the biggest gain in more than a week after Blackstar Group SE announced its firm intention to buy the company. The shares rose 1.8 percent to 3.40 rand.
Sentula Mining Ltd. (SNU) , a mining-services company, climbed to the highest since Nov. 15 after saying it is in talks about a transfer of equity to employees to boost black ownership of the company. The shares jumped 7.4 percent to 2.04 rand.
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