The Sharenet Daily 
Monday, 11 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.

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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
 
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News
Top News
Markets
SA Business
Company News
Company Results
World Markets (Spot Prices)
JSE Today
JSE Trading Statistics
Major Moves
Index Summary
Latest Consensus Changes / Results Expected
Recent Dividends / Ex Div
Upcoming AGMs
Stock Exchange News Service (SENS)
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Charts
 
S.Africa's govt bonds, rand weaker; stocks flat

By Xola Potelwa and Tiisetso Motsoeneng

JOHANNESBURG (Reuters) - South African government bonds fell on Monday, pulling back from a two-month high seen last week as traders prepared for a weekly bond auction, while the rand met resistance at the 6.65 area, close to recent highs.

Stocks were barely changed, consolidating gains after booking three straight week of gains last week, with BHP Billiton cruising higher on brokerage upgrade while Sasol dropped on lower oil prices.

Government bond yields rose as much as 8.5 basis points in the session, bringing the yield on four year paper to a 7.74 percent close and that on the 2026 bonds to 8.68 percent on the Johannesburg Stock Exchange.

"There's been a bit of profit taking which is taking place ahead of the auction, its a fairly big R186 auction," said Richard Farber, bond trader at World Wide Capital Securities.

The National Treasury is offering 1.5 billion rand of the 2026 bond, the most liquid of its longer-dated debt, and 600 million rand of the 2041 paper at Tuesday's sale.

Dealers said some players were making space for the extra supply.

On the currency front, the rand also traded softer in a quiet session but was not far off a three-month high seen last week and analysts expect further strength in the short term.

"You'll always get a couple of days of correction but the market itself is not overly long rand at the moment so any sort of correction that we see higher will probably be sold into again by real money people," said Warrick Butler, forex trader at Standard Bank.

The rand traded in a tight range of 6.6350 to 6.6650 to the dollar and was last 0.32 percent weaker at 6.6530 as of 1537 GMT. It closed at 6.6340 in New York on Friday.

RESISTANCE

The local corporate market dictated trade in Monday's session and as such good two-way interest kept the rand in the range.

If the rand is able to break through 6.65/6.60 resistance, the next level of resistance is seen at 6.55, the January 3 low, which should be quite a tough level to get to.

On the bourse, the JSE blue-chip Top-40 index inched up 0.11 percent to 29,594.79 points and the broader all-Share index edged up 0.02 percent to 32,814.43.

"We had a strong rally since the middle of March and I think we are consolidating some of those gains," said Imara SP Reid trader Garth McKenzie.

Among equity movers, BHP Billiton topped the gainers' list on the blue chip index after the Credit Suisse upgraded the miner to outperform, citing low valuations.

Shares in the Melbourne-based company climbed 2.28 percent to 287.10 rand.

But Sasol, the world's biggest maker of motor fuels from coal or gas, was among the worst performers, falling 2.53 percent to 386.95 rand on faltering oil prices.

Vale's takeover target Metorex was 0.57 percent higher at 7.08 cents, well below the Brazilian miner's offer of 7.35 rand per share that values the base metals miner at $1.1 billion.

Mon, 11 Apr 2011
Top News
[IMAGE]
At least four capesize cargoes of South African coal have been sold back to the original sellers by Chinese buyers during the past month and all are coming to Europe, said sources familiar with the deals.  Full story
[IMAGE]
Rough diamond prices are likely to rise in 2011 on increased demand from the biggest buyer, the United States, and as buying increases in India and China, the head of De Beers sales division said on Monday.  Full story
Japan expanded the evacuation zone around a crippled nuclear plant to avoid exposing residents to high levels of accumulated radiation, as the struggle to contain the worst nuclear crisis since Chernobyl entered its second month.  Full story
Ivory Coast's Laurent Gbagbo was arrested by opposition forces on Monday after French troops closed in on the compound where the self-proclaimed president had been holed up in a bunker for the past week.  Full story
A blast hit a crowded metro station in the centre of the Belarussian capital Minsk during the evening rush hour on Monday and police said seven people had been killed and about 50 injured.  Full story
 
Markets
Signs of a possible Libyan peace deal knocked gold down from a record high hit early on Monday on the back of a. . .  Full story
U.S. stocks were little changed on Monday as investors awaited companies' quarterly results to see if earnings would be strong enough to spark further. . .  Full story
European shares fell slightly on Monday, with Hochtief leading the construction sector lower after a profit warning, though strategists were confident the market's recent. . .  Full story
Britain's top share index closed flat on Monday, with caution from traders wary of turbulence during the U.S. earnings season offset by strength. . .  Full story
U.S. stocks edged higher on Monday on optimism over upcoming corporate earnings, while crude oil prices retreated after a recent run-up as investors eyed. . .  Full story
U.S. stocks rose on Monday on hopes of strong corporate earnings as aluminum company Alcoa will be the first Dow component to release. . .  Full story
Expectations of another rise in European Central Bank interest rates by July kept the euro close to recent highs on Monday and pushed. . .  Full story
Chinese shares flirted with their highest levels of the year on Monday, buoyed by surging commodities companies, before profit-taking in financial and property stocks. . .  Full story
SA Business
Sudan could produce as much as 74 tonnes of gold this year, putting it well above industry estimates since most of it is mined unofficially by small-scale prospectors, the minerals minister. . .  Full story
Brent crude fell towards $126 on Monday while U.S. crude futures slipped after touching a 2-1/2-year high as the African Union said Muammar Gaddafi had accepted a roadmap to end the. . .  Full story
South Africa's rand softened against the dollar on Monday, losing momentum after strong gains that took it to 3-month highs on Friday.. . .  Full story
Gold Fields said on Monday that its closed Masakhane shaft at its KDC mine in South Africa would remain closed pending a follow-up inspection on Tuesday.. . .  Full story
Sub-Saharan Africa will enjoy robust growth this year and in 2012, the International Monetary Fund said on Monday, but urged monetary authorities to watch out for inflation from rising commodity prices.. . .  Full story
South Africa's short-term insurer Santam Ltd aims to expand into as many as three African countries by the year-end, Business Day newspaper reported on Monday.. . .  Full story
Company News
Shareholders are advised that a circular has been posted setting out the relevant information relating to amendments to the Nedbank Group. . .  Full story
Vukile linked unitholders are advised that the company has entered into an agreement with Sanlam Life Insurance Ltd ("Sanlam Life") dated. . .  Full story
Great Basin Gold Ltd updates exploration, stope and block delineation results for its Hollister Project and Burnstone Mine. At Hollister, highlights. . .  Full story
Shareholders are advised that Ms Carmen Miller has been appointed as company secretary of Howden and her appointment will be effective. . .  Full story
Business Day reported that Short-term insurer Santam, plans to expand into as many as three African countries by the year-end, CEO Ian Kirk said in an interview on Friday. Mr Kirk said the company's growth outside SA would be measured and. . .  Full story
According to Business report, Phumelela Gaming and Leisure, a South African organiser of horse races and betting, reported lower first half profit on Friday as the company grappled with sluggish business in its domestic market and rand strength weighed on its. . .  Full story
Company Results
Investment income dropped by almost half to R22.8 million (R41.2 million). However, net attributable profit more than doubled to R259.1 million (R123.6 million). In addition, headline earnings on a per share basis was up slightly to 18.9cps (17.3cps). Dividend A final ordinary dividend of 4cps has been declared. Outlook Zeder remains confident in the continued importance of the agri, food and beverage sectors and will continue investing in such. Current cash of R206 million and. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032814.438.160.02%
JSE Top 4017:0029594.7933.710.11%
JSE Gold17:002800.52-37.74-1.33%
JSE Financial17:0021800.86-52.87-0.24%
JSE Industrial17:0032226.07-91.28-0.28%
JSE Indust 2517:0026918.11-60.34-0.22%
JSE Resource17:0059226.36290.170.49%
DJ Futures20:0012330.004.000.03%
DJ Ind19:2512383.463.410.03%
SP 50018:501326.40-1.77-0.13%
Nasdaq18:502772.19-8.23-0.30%
FTSE 10017:356053.44-2.31-0.04%
DAX18:007204.86-12.16-0.17%
CAC4017:464038.70-23.21-0.57%
Nikkei08:269719.70-48.38-0.50%
Shanghai09:223022.54-7.56-0.25%
Hang-Seng10:2224303.07-93.00-0.38%
All Ords08:405064.9028.400.56%
NZSE 5007:323461.3216.040.47%
NameTimeRPMove% Move
Gold19:591467.95-6.05-0.41%
Gold/Rand19:589758.77-28.31-0.29%
Gold/R kg20:00313744890.03%
Silver19:5940.8400-.2100-0.51%
Platinum19:591783.00-26.75-1.48%
Palladium19:58784.50-13.25-1.66%
R15717:067.74.070.91%
R20417:068.37.050.60%
Brent Crude19:56124.23-1.66-1.32%
Rand / Dollar19:586.64730.00880.13%
Rand / Pound19:5510.87400.03650.34%
Rand / Euro19:559.62730.03490.36%
Rand / NZD19:575.20870.01430.28%
Rand / AUD19:557.01550.00800.11%
Yen / Dollar19:5884.5400-0.3600-0.42%
Euro / Dollar19:550.69210.00050.07%
Dollar / Euro19:591.4444-0.0007-0.05%
Pound / Dollar19:550.61090.00060.10%

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The JSE Today
 Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
11/04/201113817290400261,279,957R13,981,320,9061020901616361
08/04/201120014481425335,609,147R15,198,842,0761168881809367
07/04/201114020584429260,190,578R13,173,671,7891094182075935
06/04/201124210970421290,764,685R13,563,693,7541065651929190
05/04/201121913278429251,738,134R10,439,040,904785311807082
Major Moves Up
SharenameSaleMove% MoveVolume
1 COMPCLEAR  2992910.74.%1356
2 ESORFRANK  190158.57.%1309946
3 INVICTA  46503498.11.%57000
4 AFRO-C  200158.11.%30000
5 PARACON  165106.45.%76000
6 PBT  13386.40.%4230
7 ANOORAQ  850404.94.%139750
8 DAWN  740324.52.%2107
9 MERAFE  16053.23.%3421640
10 KGMEDIA  1686513.12.%50758
11 GRANPRADE  31092.99.%34600
12 MUSTEK  520132.56.%45565
13 GOLDONE  33382.46.%489347
14 BILLITON  287106402.28.%3296891
15 PNR-FOODS  58951302.25.%12172
16 EOH  1935351.84.%91662
17 KEATON   33661.82.%45972
18 RANGOLD  29051.75.%3635
19 PAN-AF  11921.71.%738852
20 CMH  1270201.60.%23521

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Major Moves Down
SharenameSaleMove% MoveVolume
1 HUGE  138-11-7.38.%3150
2 EHSV  6300-489-7.20.%142475
3 SACOIL  186-13-6.53.%1667652
4 METAIR  1340-78-5.50.%262212
5 CADIZ  285-15-5.00.%80570
6 PHUMELELA  1100-50-4.35.%41633
7 SPURCORP  1340-59-4.22.%580
8 AFRIMAT  336-14-4.00.%11462
9 TREMATON  140-5-3.45.%442000
10 GBGOLD  1796-62-3.34.%17200
11 COAL  915-27-2.87.%106177
12 DATATEC  3586-104-2.82.%380898
13 PALCAP  247-7-2.76.%115637
14 MONDIPLCP  6460-180-2.71.%898775
15 GROUP-5  3000-83-2.69.%539764
16 SASOL  38695-1005-2.53.%3470147
17 MONDILTDP  6365-156-2.39.%552361
18 UCS  205-5-2.38.%57000
19 COMAIR  210-5-2.33.%143790
20 REDEFINTL  642-15-2.28.%109669

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New Highs
SharenameSaleHighMove% MoveVolume
1 INVICTA  465046503498.11.%57000
2 GOLDONE  33333382.46.%489347
3 EOH  19351940351.84.%91662
4 NEDCOR  15151154452261.51.%4559051
5 EXXARO  17530175702541.47.%692788
6 KUMBAIO  49500496985001.02.%346335
7 GLENMIB  202205-2-0.98.%62500

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New Lows
SharenameSaleLowMove% MoveVolume
1 EHSV  63005950-489-7.20.%142475

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Index Summary
Index NameRPMove% Move
Top 4029,594.7933.710.11%
Industrial32,226.07-91.28-0.28%
Mid Cap41,787.07-218.52-0.52%
Small Cap32,397.44-73.65-0.23%
Resource 2059,226.36290.170.49%
Industrial 2526,918.11-60.34-0.22%
Financial 158,272.08-29.06-0.35%
Financial & Ind. 3030,381.54-63.24-0.21%
All Share32,814.438.160.02%
Oil & Gas 29,335.27-765.17-2.54%
Mining 38,901.36351.600.91%
Gold Mining2,800.52-37.74-1.33%
Platinum Mining75.83.070.09%
Oil & Gas Producers 15,773.03-411.42-2.54%
Basic Materials 32,764.24254.760.78%
Chemicals 13,307.28-158.76-1.18%
Forestry & Paper 14,381.93-295.03-2.01%
Industrial Metals 31,532.24151.280.48%
Industrials 27,902.60-225.44-0.80%
General Industrials 76,580.95-509.68-0.66%
Consumer Goods 26,142.2233.850.13%
Automobiles & Parts 3,034.37-176.63-5.50%
Household Goods161.4221.56%
Health Care 31,879.55-14.86-0.05%
Beverages 82,914.70-119.60-0.14%
Food Producers 47,589.76-140.38-0.29%
Index NameRPMove% Move
Personal Goods 386.221.800.47%
Consumer Services 53,451.43-649.41-1.20%
General Retailers 41,704.79-132.14-0.32%
Travel & Leisure 3,606.04-36.70-1.01%
Media 83,043.71-1804.98-2.13%
Support Services 2,448.152.690.11%
Telecommunications 66,664.32462.160.70%
Financials 21,800.86-52.87-0.24%
Banks 41,092.58-46.68-0.11%
Non-life Insurance 30,553.86-484.98-1.56%
Life Insurance 16,335.63-203.94-1.23%
General Financial 2,304.16-1.90-0.08%
Technology 20,532.46-337.52-1.62%
SHARIAH TOP40 3,379.93160.48%
FTSE/JSE SHARIAH ALL3,427.60130.38%
COAL MINING23,705.122100.89%
FTSE JSE Fledgling 4,550.04270.60%
FTSE/JSE Alt X 1,012.89-15-1.49%
SA LISTED PROPERTY 374.130.66%
CAPPED PROPERTY 311.150.81%
RESOURCE 32,672.341450.45%
DIVIDEND PLUS169.36-1-0.55%
FTSE/JSE RAFI 406,866.92-9-0.13%
Capped Top 4015,342.39-14-0.09%
Capped All Share16,472.08-14-0.09%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
NEDNEDBANK GROUP LTDHOLD05 Apr
SBKSTANDARD BANK GROUP LIMIT...SELL05 Apr
AIPADCOCK INGRAM HLGS LDHOLD05 Apr
LHCLIFE HEALTHCARE GRP HLDG ...BUY05 Apr
EQSEQSTRA HOLDINGS LTDSELL05 Apr
Results Expected**
ExpectedCompany NameFin. Date
12 Apr 2011PBTFebruary 2011 (Interim)
12 Apr 2011WOLTRU6.75February 2011 (Interim)
12 Apr 2011WOOLTRU 6%February 2011 (Interim)
12 Apr 2011WOOLTRU-NFebruary 2011 (Interim)
13 Apr 2011PALCAPFebruary 2011 (Final)
Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
VIVIDEND11-04-0811-04-2811-05-09R 0.0996
PHUMELELA11-04-0811-04-2811-05-09R 0.2500
SBR00311-04-0511-04-1911-05-05R 1.4100
NAIL11-04-0511-04-1911-05-03R 0.1760
NAIL -N-11-04-0511-04-1911-05-03R 0.1760
Ex Div**
Share NameDec-DateLDTPay-DateAmount
SHFINV-PREF11-03-0111-04-0811-04-18R 3.6200
CERAMIC11-03-0811-04-0811-04-18R 1.4000
AECI11-02-2211-04-0811-04-18R 1.3500
WBHO11-02-2111-04-0811-04-18R 1.1000
GROUP 511-02-1411-04-0811-04-18R 0.5200
Upcoming AGMs**
CodeCompany NameDateStatus
MRFMerafe Resources Ltd13/04/2011Unconfirmed
CILConsolidated Infrastructure Group Ltd15/04/2011Confirmed
Stock Exchange News Service
DateTimeHeadline
11/04/201117:40 Old Mutual plc - Notification of transactions of directors, persons
11/04/201117:00 Command Holdings Limited - Notice of general meeting
11/04/201117:00 African Rainbow Minerals Limited - Director`s dealings in ARM securities
11/04/201117:00 Life Healthcare Group Holdings Limited - Trading Statement
11/04/201116:28 Bell Equipment Limited - Dealing in securities by company secretary
11/04/201116:22 Basil Read Holdings Limited - Update on deferred payment referred to in
11/04/201115:48 Nedbank Group Limited - Circular to shareholders
11/04/201115:46 Vukile - Vukile to acquire Giyani Plaza in Limpopo
11/04/201115:45 Vukile Property Fund Limited - Announcement regarding the acquisition
11/04/201115:30 New Europe Property Investments Plc - New Notice of Annual General Meeting
11/04/201115:15 Old Mutual Plc - Block Listing Application
11/04/201114:30NED/NBKP - Nedbank Group Limited/ Nedbank Limited - Basel II Pillar 3 Disclosure
11/04/201114:30 Zeder Investments Limited - Audited abridged results for the year ended 28
11/04/201114:30 Great Basin Gold Limited - Great Basin Gold updates exploration and
11/04/201112:56BBET40 - The BettaBeta Equally Weighted Top 40 portfolio - Distribution
11/04/201112:37 Howden Africa Holdings Limited - Appointment of Company Secretary
11/04/201111:30 ARB Holdings Limited - Dealing in securities by a director
11/04/201111:08STANSX - Stanlib Swix 40 Fund - Abridged audited results for the year ended 31
11/04/201111:07STAN40 - STANLIB TOP 40 FUND - Abridged audited results for the year ended
11/04/201111:06 African Oxygen Limited - Change to the board of directors
11/04/201111:00RACP - RECM and Calibre Limited - Disclosure of quarterly portfolio as at
11/04/201110:42 Rolfes - Renewal of Cautionary announcement
11/04/201110:37 Comair Limited - Change to the board of directors
11/04/201109:46GLD - NewGold Issuer Limited - Listing of Additional Newgold Debentures
11/04/201108:56 Fountainhead Property Trust - Results of the rights offer
11/04/201108:55 Sacoil Holdings Limited - Appointment of non-executive directors to the
11/04/201108:35 Metorex Limited - Clarification in respect of the directors` dealings in
11/04/201108:30PTXSPY - Proptrax SAPY - Distribution finalisation announcement
11/04/201107:30BIPINF - Bips Government Inflation Linked Bond Fund - Listing of additional BIPS
11/04/201107:26 Coal of Africa Limited - Conversion of options and secondary trading
11/04/201107:15 BHP Billiton Plc - BHP Billiton successfully completes A$6.0 Billion
11/04/201107:14 British American Tobacco p.l.c - Transaction in own shares
11/04/201107:13 Truworths International Limited - Directors` Dealings
11/04/201107:06 Coal of Africa Limited - Appendix 3B new issue announcement, application
11/04/201107:05 Truworths International Limited - Directors` Dealings
11/04/201107:05 The Don Group Limited - Cautionary Announcement

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