The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.
South Africa’s FTSE/JSE Africa All Share Index climbed for the fifth time in six days, adding 509.93, or 1.7 percent, to 31,327.90 at the 5 p.m. close in Johannesburg, the highest level since June 2008.
BHP Billiton Plc (BIL SJ): The world’s largest mining company will face a protest march over pay at its aluminum smelters in Richards Bay, South Africa, the National Union of Metalworkers of South Africa said in an e-mailed statement. Shares of the company rose 15.50 rand, or 6.2 percent, to 267.50 rand.
Coal of Africa Ltd. (CZA SJ): John Wallington, the mining company’s chief executive officer, said in a telephone interview that its Mooiplaats colliery will “in time” comply with South African environmental regulations. Shutting down the mine would cause 500 job losses, he said. Shares of the company rose 25 cents, or 3.1 percent, to 8.25 rand.
Conduit Capital Ltd. (CND SJ): The investment holding company said it expected earnings per share for the year ended Aug. 31 to be 4.55 cents, compared with 6.29 cents reported the previous year, according to a stock exchange statement. Conduit’s stock fell 2 cents, or 3.5 percent, to 56 cents.