BHP Billiton, Mvelaserve May Move: South African Stocks Preview

Monday, Nov 29, 2010
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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 fell 116.84, or 0.4 percent, to 31,181.38


BHP Billiton Ltd. (BIL SJ), the world’s biggest mining company, is seeking a $4 billion credit line to refinance a facility maturing next year. BHP appointed Barclays Capital as the coordinator for the five-year revolving credit. BHP fell 1.21 rand, or 0.5 percent, to 256.99 rand.


Mvelaserve Ltd. (MVS SJ), the security and facilities management company being spun off from Mvelaphanda Group Ltd., starts trading on the Johannesburg Stock Exchange.

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