Nov. 17 (Bloomberg) -- The FTSE/JSE Africa All Share Index declined for a second day, dropping 280.18, or 0.9 percent, to 32,392.49 as of 10:41 a.m. in Johannesburg.
The following are among the most active stocks in the South African market today.
BHP Billiton Ltd. (BIL SJ), the world’s largest mining group, fell for a second day, declining 0.8 percent to 250 rand after saying the uncertain global economic outlook will put pressure on commodities markets.
Investec Ltd. (INL SJ), which owns a bank and money manager in South Africa and the U.K., slid 1.7 percent to 46.55 rand, a second day of declines. The company reported first-half profit fell 28 percent as revenue from investment banking and property tumbled.
SABMiller Plc (SAB SJ), the maker of Grolsch and Peroni beer, dropped for the first day in three after reporting declining profitability in the U.S. and Europe. The shares declined 1.6 percent to 283.50 rand.
Tsogo Sun Holdings Ltd. (TSH SJ), a casino operator, dropped 3.3 percent to 16 rand after saying first-half revenue was little changed amid “difficult” trading conditions for its gaming and hotels business.
Woolworths Holdings Ltd. (WHL SJ), a South African food and clothing retailer, declined for the first day in four after saying comparable-store sales at its Australian unit fell 4.5 percent in the first 20 weeks of its fiscal year. The shares dropped 1.8 percent to 40.11 rand.
--Editors: Peter Branton, Linda Shen
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