South African Stocks: Implats, Anglo Platinum Move

Bloomberg reported some companies on the FTSE/JSE Africa All Share Index (JALSH) saw unusual trade on Friday as the market fell for the first time in three days.

As quoted in the market news:

Anglo American Platinum Corp. Ltd. (AMS) , the biggest producer of the metal, slumped 1.7 percent to 540.50 rand, the lowest level this month. The price of platinum declined for a second day in London.

Impala Platinum Holdings Ltd. (IMP) , the second-biggest producer, declined 1.5 percent to 165.44 rand, the lowest since Dec. 22.

Click here to read the full Bloomberg report.