June 20 (Bloomberg) -- The FTSE/JSE Africa All Share Index declined for a third day, losing 41.61, or 0.1 percent, to 30,627.65 by the 6 p.m. close in Johannesburg.
The following were among the most active stocks in the South African market today.
Anglo American Plc (AGL SJ), the diversified mining company that makes up 11 percent of South Africa’s benchmark stock index, dropped to the lowest since Oct. 19, slipping 4.37 rand, or 1.4 percent, to 308.70 rand. Copper fell to a three-week low after European governments faltered in efforts to save Greece from a debt default. BHP Billiton Plc (BIL SJ), the world’s largest mining company, retreated 1.1 percent to 247.01 rand, a third day of declines.
Aquarius Platinum Ltd. (AQP SJ), the fourth-biggest platinum miner, lost 67 cents, or 2 percent, to 32.85 rand, the weakest since Aug. 31. Platinum fell for a seventh day, its longest losing streak since August.
Exxaro Resources Ltd. (EXX SJ), a South African coal miner, fell for a second day, losing 1.32 rand, or 0.8 percent, to 163.50 rand. The youth wing of the ruling African National Congress formally called for the nationalization of banks and mines at its meeting in Johannesburg yesterday.
Simmer & Jack Mines Ltd. (SIM SJ), a gold producer, dropped the most since May 1992, sinking 57 cents, or 95 percent, to 3 cents. June 17 was the last day to participate in the company’s unbundling of Village Main Reef Ltd. the miner received for the sale of assets. Village Main Reef shares declined 34 cents, or 21 percent, to 1.26 rand.
--Editors: Ana Monteiro, Linda Shen
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