Bloomberg News

South Africa Stocks: Cipla Medpro, Datatec Move in Johannesburg

March 15, 2012

The FTSE/JSE Africa All Share Index (JALSH) advanced for a third day, gaining 0.2 percent to 34,492.54 as of 10:27 a.m. in Johannesburg, a record on a closing basis.

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

Cipla Medpro South Africa Ltd. (CMP) , a generic-drug manufacturer, declined for the first time in three days after saying its anti-retroviral tender business didn’t “materialize to the numbers we expected.” The shares dropped 1.8 percent to 6.65 rand.

Datatec Ltd. (DTC) , a Johannesburg-based computer- services company, gained for a fourth day, adding 0.9 percent to 45.23 rand. The company said earnings for the year through February will be in line with forecasts published during 2011.

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


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus