Bloomberg News

Bauba Platinum, Chrometco May Move: South African Equity Preview

July 06, 2011

July 6 (Bloomberg) -- The following stocks may rise or fall in South Africa today. Symbols are in parentheses and prices are from the last close.

The FTSE/JSE Africa All Share Index advanced for an eighth day, adding 176.45, or 0.6 percent, to 32,254.24 in Johannesburg.

Bauba Platinum Ltd. (BAU SJ): The explorer of platinum group metals said it raised 50 million rand ($7.4 million) to fund exploration. The stock was unchanged at 2 rand.

Chrometco Ltd. (CMO SJ): The chrome development company holds a general meeting of shareholders. The shares were unchanged at 30 cents.

--Editors: John Kohut, Gordon Bell.

To contact the reporter on this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net.

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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