The FTSE/JSE Africa All Share Index (JALSH) advanced for a second day, gaining 0.6 percent to 33,295.72 by 9:58 a.m. in Johannesburg.
The following are among the most active equities in the market today. Stock symbols follow company names.
Adcock Ingram Holdings Ltd. (AIP) , a maker of generic medicines, declined the most in more than a year, sliding 5.1 percent to 59.99 rand. Earnings per share excluding one-time items fell 10 percent to 1.99 rand for the six months through March, the company said in a statement today.
Anglo American Plc (AGL) , the diversified miner that makes up about 8 percent of the index, rose for a second day, jumping 1.3 percent to 268.73 rand. Copper gained for a fourth day in London on speculation China’s government may take more steps to halt slowing economic growth, boosting the outlook for metals demand from the world’s biggest consumer.
BHP Billiton Ltd. (BIL) , the world’s biggest resources company, added 1.2 percent to 228.30 rand.
AngloGold Ashanti Ltd. (ANG) , the third-largest producer of the metal, advanced for the first time in three days, gaining 0.5 percent to 301.58 rand. The company agreed to buy the 50 percent of Brazil’s Serra Grande mine it doesn’t already own for $220 million to double output in the country.
Group Five Ltd. (GRF) , a construction company, fell for the first time in four days, declining 0.5 percent to 23.90 rand. Fiscal 2012 is expected to be weaker than its forecast in the first half due to operating performance at its construction materials business and contract losses in the Middle East.
Vukile Property Fund Ltd. (VKE) , a property holding and investment company, rose the most in a week, jumping 3 percent to 16.41 rand. Earnings per linked unit increased 90 percent to 229.56 cents in the year through March, the company said in a statement today.
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