Bloomberg News

South Africa Shares: Anglo, BHP, Ansys, First Uranium Move

June 11, 2012

The FTSE/JSE Africa All Share Index (JALSH) rose 1 percent to 33,998 by 10 a.m. in Johannesburg, after climbing 1.7 percent last week.

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

Anglo American Plc (AAL) , the diversified miner that makes up more than 7 percent of the index, jumped 1.9 percent to 276.05 rand. Copper advanced the most in more than four months as China’s imports, the world’s biggest consumer, surged 12 percent in May and Spain’s bailout request boosted the euro to a two-week high against the dollar.

BHP Billiton Ltd. (BIL) , the world’s biggest resources company, gained 2.2 percent to 235 rand.

Ansys Ltd. (ANS) , a designer of transport and defense- monitoring systems, headed for its biggest decline in more than three months, dropping 7.9 percent to 34 cents. The company said Alan Holloway resigned as chief executive officer from June 30 to head a company that will acquire Ansys’ telecommunications business.

First Uranium Corp. (FIU) , a uranium and gold producer, climbed for a third day, jumping 6.5 percent to 1.48 rand. South African investor Mandla “Bear” Kumalo said he offered to buy a 26 percent stake to block the sale of an operation to Gold One International Ltd.

Pallinghurst Resources Ltd. (PGL) , declined to the lowest in almost three weeks, dropping 2.4 percent to 2.83 rand. The company plans to raise 800 million rand ($96 million) through a rights offer to participate in a capital raising by Faberge and fund a new copper investment, it said in a statement today.


To contact the reporter on this story: Stephen Gunnion in Johannesburg at

To contact the editor responsible for this story: Gavin Serkin at

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