Wednesday, 06 April 2011 - 20:00
Sharenet is pleased to announce the launch of our new publication, The Sharenet Daily. We have built on the success of our Daily Equity Report, while adding more content and helpful information. The result is a publication that gives readers a quick, easy to read and informative synopsis of market activity, company results and news on the JSE for the day, as well as an overview of what transpired on important overseas markets.
The Sharenet Daily includes helpful charts that give a graphical impression of events, and our news content is sourced from a number of contributors, including Reuters. In addition, Sharenet's popular price information is available in our Spot Price format which provides a snapshot of the JSE and world indices, currencies and commodities.
All the JSE trading statistics; major movers; latest dividends; upcoming AGM dates and more are provided to insure that you keep abreast of market developments. The Sharenet Daily is published at 8pm each day on the website and also distributed via email for your convenience. As always, we welcome your comments, feedback and suggestions at support@sharenet.co.za
Charts
S.African rand firms on risk appetite, stocks gain
By Stella Mapenzauswa and Ed Stoddard
JOHANNESBURG (Reuters) - South Africa's rand tested a fresh 3-month high against the dollar on Wednesday on renewed global appetite for risk and government bonds followed suit, pushing yields particularly on longer-dated paper sharply lower.
The benchmark blue chip share index rose to its highest in more than six weeks, notching its fourth straight day of gains with gold miners the best performers on a rampant bullion price.
The yield on the 2015 bond fell four basis points to 7.705 percent while that for the longer-dated 2026 bond was down seven basis points at 8.715 percent.
"It's a rand story really, that's what's driving the debt market," said a Johannesburg bond trader, singling out increased interest in local debt from foreign investors after a sharp sell-off at the start of the year.
The rand traded 0.56 percent firmer at 6.6905 to the dollar by 1547 GMT compared with Tuesday's close at 6.7280. The currency tested 6.68 earlier on Wednesday, its strongest level since January 4 according to Reuters data.
"There are no local factor behind these moves - it's all euro/dollar and risk appetite-driven," said Gabor Ambrus, emerging market analyst at 4CAST.
The euro -- whose moves the rand tends to track due to South Africa's close trading ties with the euro zone -- rose to its highest in more than a year against the dollar ahead of an expected ECB rate hike.
"I think a temporary reversal is possible after tomorrow's ECB meeting, but a more lasting reversal would need U.S. equities to correct. I'm not sure when the market will make that reality check," Ambrus said.
Johannesburg's Top-40 blue chip index added 0.79 percent to 29,654.56 points, a level last seen on February 17, 2010. The broader All-share index rose by the same margin to 32,887.47.
"The mood seems to improving in this week," one trader said. "There are growing views that perhaps the sell-off last month was a little bit overdone."
The benchmark blue chip index hit the lowest level since November in mid-March on Japan's disaster, Middle East unrest and worries that assets had become too expensive.
On Wednesday, main gold counters sparkled as bullion's spot price powered to record highs over $1,460.00 an ounce.
AngloGold Ashanti, Africa's largest gold producer, ended 2.04 percent higher at 338 rand. Rival Gold Fields was 2.28 percent firmer at 123.50 rand.
Harmony Gold, which has been gaining because of bullish sentiment about its project in Papua New Guinea, was 3.15 percent higher at 103.25 rand, near two-year highs.
Gains were however capped by rand strength.
Basil Read <BSRJ.J jumped 5.57 percent to 12.50 rand after the builder said it has jointly won a contract that boosts its order book by 1.5 billion rand.
Wed, 06 Apr 2011
Top News
South African power utility Eskom said on Wednesday it would auction up to 300 million rand of its 2023 ES23 bond on April 13. Full story
South Africa's coal exports rose to 5.36 million tonnes in March from 4.57 million tonnes the previous month, Richards Bay Coal Terminal (RBCT) data showed on Wednesday. Full story |
|
Japan began pumping nitrogen gas into a crippled nuclear reactor, refocusing the fight against the world's worst nuclear disaster in 25 years on preventing an explosive buildup of hydrogen gas at Fukushima Daiichi power plant. Full storyForces loyal to Ivory Coast presidential claimant Alassane Ouattara launched a heavy attack on Wednesday on the bunker where Laurent Gbagbo is holed up but appeared to have been repelled, a Western military source said. Full storyLibyan rebels regained ground in a new advance on an oil port Wednesday but accused NATO of inaction hindering their quest to oust Muammar Gaddafi. Full story |
|
|
Markets | Gold rose to an
all-time high for a second straight day on Wednesday, as the
U.S. dollar weakened ahead of an expected interest. . . Full story | | The S&P 500 paused near a
seven-week high on low volume on Wednesday before the start of
earnings reports next week, which investors. . . Full story | | European stocks rose on
Wednesday, adding to their three-week rally as investors looked
beyond the European Central Bank's expected rate rise, brushing
aside Portugal's. . . Full story | | Banks helped drive Britain's top
shares to a near seven-week high on Wednesday following a
Portuguese debt auction, while Marks & Spencer rose. . . Full story |
|
| Australian stocks rose 0.3
percent to close at a fresh six-week high in a session of
erratic trading, with top global miner BHP. . . Full story | | The S&P 500 failed to break
a key technical resistance level for a second day on Tuesday
as low trading volume raised further. . . Full story | | Prices of spot gold notched a
record high on Tuesday as a downgrade of Portugal's debt
stirred a bid for safety, while Brent. . . Full story | | Gold jumped to an all-time
high above $1,450 an ounce on Tuesday, as peak crude and corn
prices fanned inflation fears and a. . . Full story |
|
SA Business | South Africa's Investec said on Wednesday it aims to list a 1.7 billion rand property fund on the Johannesburg bourse on. . . Full story | | Maize deliveries to South African silos rose to 11.907 million tonnes in the week to April 1, from 11.894 million tonnes. . . Full story | | South African power utility Eskom said on Wednesday it was in talks with Vunene Mining to secure a five-year coal supply. . . Full story | | South African gold miner DRDGold said on Wednesday that it expected gold production for March quarter to be about three percent. . . Full story |
|
| South Africa's rand advanced to fresh 3-month highs against the dollar on Wednesday and may extend those gains further due to. . . Full story | | South Africa's gold mining stocks powered higher on Wednesday after the precious metal scaled a new record on Tuesday and remained. . . Full story | | Standard Bank Argentina said on Tuesday that it launched $24 million in bonds due in 2012 as part of a $250. . . Full story | | South Africa's state pension fund Public Investment Corporation (PIC) has expressed its concern about Freeworld Coatings' handling of the takeover offer. . . Full story |
|
| South African insurer Sanlam will invest in medical insurance businesses in Tanzania and Zambia this year as part of a growth strategy to find ways to put its 4 billion rand in excess capital to use, Business Day newspaper reported on Wednesday.. . . Full story |
|
Company News | Pursuant to an ELB board decision to restructure an ELB Executive Bonus Scheme and having obtained approval from the requisite number. . . Full story | | Shareholders are advised that the annual financial statements have been distributed to shareholders on 31 March 2011 and contain no modifications. . . Full story | | DRDGOLD announced that it expects its group gold production for the quarter ended 31 March 2011 to be about 3% lower. . . Full story | | Anglo announced that 606 000 ordinary shares were transferred from treasury shares on 4 April 2011, in respect of the grant. . . Full story |
World Markets (Spot Prices)
Name | Time | RP | Move | % Move | JSE Overall | 17:00 | 32887.47 | 256.61 | 0.79% | JSE Top 40 | 17:00 | 29654.56 | 232.66 | 0.79% | JSE Gold | 17:00 | 2851.40 | 63.76 | 2.29% | JSE Financial | 17:00 | 21979.69 | 140.14 | 0.64% | JSE Industrial | 17:00 | 32507.80 | 198.77 | 0.62% | JSE Indust 25 | 17:00 | 27205.05 | 147.78 | 0.55% | JSE Resource | 17:00 | 58771.64 | 573.32 | 0.99% | DJ Futures | 19:46 | 12370.00 | 45.00 | 0.37% | DJ Ind | 19:45 | 12418.65 | 24.75 | 0.20% | SP 500 | 18:56 | 1331.81 | -0.82 | -0.06% | Nasdaq | 18:56 | 2788.57 | -2.62 | -0.09% | FTSE 100 | 17:35 | 6041.13 | 34.07 | 0.57% | DAX | 18:00 | 7215.11 | 39.80 | 0.55% | CAC40 | 17:46 | 4048.16 | 10.57 | 0.26% | Nikkei | 08:26 | 9584.37 | -31.18 | -0.32% | Shanghai | 09:36 | 3001.23 | 34.23 | 1.15% | Hang-Seng | 10:32 | 24285.05 | 134.47 | 0.56% | All Ords | 08:56 | 5011.40 | 12.80 | 0.26% | NZSE 50 | 07:26 | 3449.88 | -19.50 | -0.56% |
| | Name | Time | RP | Move | % Move | Gold | 19:59 | 1457.86 | 1.31 | 0.09% | Gold/Rand | 20:00 | 9744.34 | -49.25 | -0.50% | Gold/R kg | 20:00 | 313280 | 3511 | 1.13% | Silver | 19:59 | 39.4000 | .1170 | 0.30% | Platinum | 19:59 | 1788.75 | 3.00 | 0.17% | Palladium | 19:59 | 780.75 | -6.13 | -0.78% | R157 | 17:06 | 7.70 | -.02 | -0.26% | R204 | 16:06 | 8.38 | -.05 | -0.59% | Brent Crude | 19:56 | 121.55 | -1.04 | -0.85% | Rand / Dollar | 19:59 | 6.6840 | -0.0401 | -0.60% | Rand / Pound | 19:55 | 10.8828 | -0.0433 | -0.40% | Rand / Euro | 19:55 | 9.5780 | 0.0162 | 0.17% | Rand / NZD | 19:58 | 5.2045 | 0.0456 | 0.88% | Rand / AUD | 19:55 | 6.9753 | 0.0308 | 0.44% | Yen / Dollar | 19:59 | 85.2800 | 0.2200 | 0.26% | Euro / Dollar | 19:55 | 0.6976 | -0.0056 | -0.80% | Dollar / Euro | 19:58 | 1.4329 | 0.0109 | 0.77% | Pound / Dollar | 19:55 | 0.6121 | -0.0014 | -0.23% |
|
Click here for the Sharenet Spot Price page
The JSE Today
Trading Statistics
Date | Adv. | Decl. | Unch. | Actives | Volume | Value | Trades | Orders |
---|
06/04/2011 | 242 | 109 | 70 | 421 | 290,764,685 | R13,563,693,754 | 106565 | 1929190 | 05/04/2011 | 219 | 132 | 78 | 429 | 251,738,134 | R10,439,040,904 | 78531 | 1807082 | 04/04/2011 | 197 | 145 | 73 | 415 | 219,118,224 | R9,815,944,176 | 89949 | 1694363 | 01/04/2011 | 200 | 136 | 81 | 417 | 278,937,111 | R13,076,718,578 | 106885 | 2036488 | 31/03/2011 | 190 | 154 | 86 | 430 | 317,069,149 | R16,915,811,553 | 121859 | 1962439 |
Index Summary Index Name | RP | Move | % Move | Top 40 | 29,654.56 | 232.66 | 0.79% | Industrial | 32,507.80 | 198.77 | 0.62% | Mid Cap | 41,967.10 | 328.97 | 0.79% | Small Cap | 32,324.08 | 187.80 | 0.58% | Resource 20 | 58,771.64 | 573.32 | 0.99% | Industrial 25 | 27,205.05 | 147.78 | 0.55% | Financial 15 | 8,363.59 | 58.81 | 0.71% | Financial & Ind. 30 | 30,697.00 | 174.67 | 0.57% | All Share | 32,887.47 | 256.61 | 0.79% | Oil & Gas | 30,478.89 | 625.05 | 2.09% | Mining | 38,369.13 | 325.11 | 0.85% | Gold Mining | 2,851.40 | 63.76 | 2.29% | Platinum Mining | 76.76 | .90 | 1.19% | Oil & Gas Producers | 16,387.94 | 336.08 | 2.09% | Basic Materials | 32,363.59 | 260.01 | 0.81% | Chemicals | 13,523.66 | 120.33 | 0.90% | Forestry & Paper | 14,792.57 | 185.45 | 1.27% | Industrial Metals | 31,044.94 | -130.85 | -0.42% | Industrials | 28,102.78 | 213.69 | 0.77% | General Industrials | 77,285.15 | 519.91 | 0.68% | Consumer Goods | 26,442.37 | 91.65 | 0.35% | Automobiles & Parts | 3,147.60 | .00 | 0.00% | Household Goods | 160.91 | 2 | 1.32% | Health Care | 31,794.95 | 476.83 | 1.52% | Beverages | 84,141.47 | -437.40 | -0.52% | Food Producers | 47,409.80 | 267.89 | 0.57% |
| | Index Name | RP | Move | % Move | Personal Goods | 391.91 | 5.39 | 1.39% | Consumer Services | 53,883.34 | 468.48 | 0.88% | General Retailers | 41,655.80 | 317.15 | 0.77% | Travel & Leisure | 3,621.94 | -13.05 | -0.36% | Media | 84,002.52 | 1479.50 | 1.79% | Support Services | 2,436.64 | -2.76 | -0.11% | Telecommunications | 67,374.53 | 406.36 | 0.61% | Financials | 21,979.69 | 140.14 | 0.64% | Banks | 41,691.28 | 239.65 | 0.58% | Non-life Insurance | 31,038.84 | -123.67 | -0.40% | Life Insurance | 16,504.72 | 174.75 | 1.07% | General Financial | 2,322.36 | 11.50 | 0.50% | Technology | 20,873.16 | -18.61 | -0.09% | SHARIAH TOP40 | 3,364.17 | 30 | 0.91% | FTSE/JSE SHARIAH ALL | 3,414.16 | 31 | 0.91% | COAL MINING | 23,537.09 | -118 | -0.50% | FTSE JSE Fledgling | 4,537.36 | 37 | 0.82% | FTSE/JSE Alt X | 1,020.40 | 2 | 0.15% | SA LISTED PROPERTY | 370.16 | | 0.51% | CAPPED PROPERTY | 307.85 | | 0.37% | RESOURCE | 32,450.40 | 328 | 1.02% | DIVIDEND PLUS | 170.18 | 1 | 0.58% | FTSE/JSE RAFI 40 | 6,904.03 | 53 | 0.77% | Capped Top 40 | 15,430.25 | 125 | 0.82% | Capped All Share | 16,539.64 | 131 | 0.80% |
|
Click here for the Sharenet Index Summary page
Latest Consensus Changes** Code | Company Name | Status | Updated | ACP | ACUCAP PROPERTIES LIMITED | HOLD | 01 Apr | SOL | SASOL LIMITED | BUY | 01 Apr | FPT | FOUNTAINHEAD PROP TRST | HOLD | 01 Apr | NED | NEDBANK GROUP LTD | HOLD | 31 Mar | SBK | STANDARD BANK GROUP LIMIT... | SELL | 31 Mar |
|
|
Results Expected** Expected | Company Name | Fin. Date | 08 Apr 2011 | PHUMELELA | January 2011 (Interim) | 11 Apr 2011 | FAIRVEST | December 2010 (Interim) | 11 Apr 2011 | FAIRVESTP | December 2010 (Interim) | 12 Apr 2011 | PBT | February 2011 (Interim) | 12 Apr 2011 | WOLTRU6.75 | February 2011 (Interim) |
|
Recent Dividends** Share Name | Dec-Date | LDT | Pay-Date | Amount | NAIL -N- | 11-04-05 | 11-04-19 | 11-05-03 | R 0.1760 | NAIL | 11-04-05 | 11-04-19 | 11-05-03 | R 0.1760 | SBR003 | 11-04-05 | 11-04-19 | 11-05-05 | R 1.4100 | NTC PREF | 11-04-01 | 11-04-19 | 11-05-03 | R 3.4161 | TELEMASTR | 11-04-01 | 11-04-19 | 11-05-03 | R 0.0400 |
|
|
Ex Div** Share Name | Dec-Date | LDT | Pay-Date | Amount | SASOL | 11-03-07 | 11-04-01 | 11-04-11 | R 3.1000 | EXXARO | 11-02-24 | 11-04-01 | 11-04-11 | R 3.0000 | NEDBANK | 11-02-28 | 11-04-01 | 11-04-11 | R 2.6800 | STANBANK | 11-03-03 | 11-04-01 | 11-04-11 | R 2.4500 | BOWCALF | 11-03-09 | 11-04-01 | 11-04-11 | R 0.1560 |
|
Upcoming AGMs** Code | Company Name | Date | Status | MMH | Miranda Mineral Holdings Ltd | 07/04/2011 | Confirmed | WNH | Winhold Ltd | 07/04/2011 | Unconfirmed | MRF | Merafe Resources Ltd | 13/04/2011 | Unconfirmed |
|
|
Stock Exchange News Service Click here for more SENS news
|