Bloomberg News

South African Stocks: Anglo Platinum, AngloGold Ashanti, Impala

December 29, 2011

Dec. 29 (Bloomberg) -- The FTSE/JSE Africa All Share Index declined for a second day, headed for its first yearly fall since 2008, dropping 97, or 0.3 percent, to 31,995.87 at the close of trading in Johannesburg.

The following were among the active equities in the South African market today. Stock symbols follow company names.

Anglo American Platinum Ltd. (AMS SJ), the biggest platinum producer, fell for the first time in four days, slipping 1.1 percent to 532 rand. Platinum retreated for a second day to the lowest level since November 2009.

Impala Platinum Holdings Ltd. (IMP SJ), the second-biggest producer, weakened 0.9 percent to 165.49 rand, and Lonmin Plc (LON SJ), the third-biggest miner of the metal, declined 1.6 percent to 121.50 rand.

Gold Fields Ltd. (GFI SJ), the country’s second-biggest producer of the metal, slipped for a second day, falling 1.3 percent to 124.37 rand. Gold futures in New York headed for the longest slump since 2009 as gains in the dollar reduced demand for precious metals.

AngloGold Ashanti Ltd. (ANG SJ), Africa’s biggest producer of the metal, slipped 1.6 percent to 337.99 rand. Harmony Gold Mining Co. Ltd. (HAR SJ), South Africa’s third-biggest gold producer, retreated 1.4 percent to 94.68 rand.

--With assistance from Jana Marais in Johannesburg. Editors: Linda Shen, Ash Kumar

To contact the reporter on this story: Robert Brand in Cape Town at rbrand9@bloomberg.net

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


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