Bloomberg News

Don Group, Standard Bank May Move: South African Equity Preview

October 05, 2011

Oct. 6 (Bloomberg) -- 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 rose, gaining 290.29, or 1 percent, to 29,468.56 by the 5 p.m. close in Johannesburg.

The Don Group Ltd. (DON SJ): The hotel group is still in talks and advised shareholders to be cautious when trading in the stock. Don Group dropped 2 cents, or 7.7 percent, to 24 cents.

Standard Bank Group Ltd. (SBK SJ): Africa’s largest lender discusses macroeconomics and the potential for growth on the continent. The lender added 40 cents, or 0.4 percent, to 93.02 rand.

--Editors: Ana Monteiro, Emily Bowers

To contact the reporter on this story: Renee Bonorchis in Johannesburg at rbonorchis@bloomberg.net

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net Edward Evans at eevans3@bloomberg.net


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