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The FTSE/JSE Africa All Share Index (JALSH) declined for a second day, falling less than 0.1 percent to 33,591.73 by 9:50 a.m. in Johannesburg. The gauge has gained 5 percent this year after retreating 0.4 percent in 2011.
The following are among the most active equities in the market today. Stock symbols follow company names.
AngloGold Ashanti Ltd. (ANG) , the world’s third-largest producer of the metal, fell for a second day, slipping 1.7 percent to 281.01 rand. Gold dropped after jewelers in India, the world’s biggest buyer, extended a strike, curbing demand for the metal.
BHP Billiton Ltd. (BIL) , the world’s biggest resources company, advanced 0.7 percent to 232.07 rand. Copper gained the first day in three on speculation yesterday’s slump by the most in three weeks may stoke demand in China, the world’s biggest consumer of the metal.
Clicks Group Ltd. (CLS) , a retailer of toiletries, music and pharmaceuticals, dropped 0.7 percent to 44.98 rand. The stock was rated sell in new coverage at Avior Research (Pty) Ltd., with a price estimate of 46.69 rand.
MTN Group Ltd. (MTN) , Africa’s biggest mobile-phone company, fell for the first day in three, declining 1.3 percent to 137.66 rand. Turkcell Iletisim Hizmetleri AS alleged in a lawsuit that MTN bribed officials, arranged meetings for Iran with South African leaders, and promised Iran weapons and United Nations votes in exchange for a license to provide cell-phone services in the Islamic Republic.
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