The Sharenet Daily 
Thursday, 21 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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Top News
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)

S.African rand hits 1-week high and stocks up on gold

By Phumza Macanda and Gugulakhe Lourie

JOHANNESBURG (Reuters) - South Africa's rand rose more than 1 percent against the dollar on Thursday and bonds also gained, driven largely by weakness in the greenback and higher precious metal prices.

South Africa is a major exporter of gold, which has set record highs for the fifth straight session, helping lift both the rand and the resource-heavy domestic bourse.

Gold hit $1,508.75 an ounce while the dollar was languishing near all-time lows against a basket of currencies.

Local stocks notched up a third straight day of gains, latching onto rallies in European and Asian shares.

The rand climbed to one-week highs of 6.71 to the dollar in thin trading conditions ahead of the Easter holidays. By 1520 GMT, it stood at 6.72 to the dollar, 0.9 percent stronger than Wednesday's New York close of 6.78.

"Continued dollar weakness and a strong gold price are supporting the rand," said Christopher Shiells, emerging market analyst at IGM.

The rand has firmed by more than 7 percent from its weakest level of 7.35 this year in mid-February, gains that are mainly a function of the gold price, a weaker dollar and carry trade.

Tradition Analytics said in a note that more gains are in store in the next few months on a bearish dollar outlook as monetary policy in the United States remains very loose.

The rand will have to decisively break 6.66 to target this year's high of 6.55, hit on January 3. It tried and failed to break this level early in April.

On the bourse, the JSE Top-40 index of blue chips added 0.41 percent to end at 29,457.17 and the broader All-share index rose 0.41 percent to 32,658.86.

Local markets are closed on Friday and Monday for the Easter break.

"There is going to be volatility in the market with the number of holidays next week," said a trader.

Bourse and mining heavyweight BHP Billiton gained 0.82 percent to 284.03 rand and rival miner Anglo American added 0.14 percent to 352.50 rand as copper jumped to its highest in more than a week.

Freeworld Coatings increased 3.48 percent to 11.91 rand after the board of the South African group accepted a takeover offer from Japan's Kansai Paint.

Tiger Brands was up 0.09 percent to 189.73 rand after the food and consumer group said it will buy Status trademark including finished goods from Uniliver Plc.

On fixed income, bonds gained in line with the rand. The yield on the 2015 note was down five basis points to 7.64 percent and that on the 2026 note fell 4.5 basis points to 8.655 percent.

Yields have risen this year as foreigners slow their buying of local bonds and have been largely range-bound since early March.

Analysts expect yields to rise in coming months on expectations that the central bank will start tightening monetary policy by the end of the year. But for now, bonds are getting support from the risk appetite and the rand.

Thu, 21 Apr 2011
Top News
South Africa's rand advanced to a one week high against a broadly weaker dollar on Thursday, also getting support from a record high gold price.  Full story

South Africa's maize futures fell on Thursday in response to a stronger rand and Wednesday's sharp drop in Chicago corn futures, which was overnight in Johannesburg.  Full story
Gold prices rallied to record highs on Thursday for a fifth straight session and silver soared, as the dollar index tumbled for a third day, prompting investors to buy bullion as a currency hedge.  Full story
Libyan government troops pounded the besieged rebel-held city of Misrata, undeterred by Western threats to step up military action against Muammar Gaddafi's forces.  Full story
Japan said on Thursday it would ban anyone entering a 20-km evacuation zone around the Fukushima Daiichi nuclear plant north of Tokyo, weeks after the tsunami-wrecked facility began leaking radiation.  Full story
European shares closed at their highest in more than a week on Thursday as earnings from the likes of AkzoNobel and U.S.. . .  Full story
U.S. stocks rose on Thursday as a flurry of strong earnings reports lifted big names like Apple, but underwhelming economic data and caution ahead. . .  Full story
The U.S. dollar sank to a three-year low against major currencies on Thursday and gold surged to a new high as investors piled. . .  Full story
Mixed corporate earnings persuaded investors to consolidate recent gains as Britain's top share index closed marginally lower on Thursday, ahead of the long bank. . .  Full story

Strength in banks and commodity stocks lifted Britain's top share index on Thursday, consolidating a recent rally ahead of the long holiday weekend.. . .  Full story
Australian stocks rose 1.1 percent on Thursday to a 10-day closing high as investors returned to riskier assets and energy stocks jumped on. . .  Full story
Tokyo stocks rose for a second straight day on Thursday, helped by robust results from Apple Inc and upbeat outlooks from other U.S.. . .  Full story
Big earnings surprises gave a positive turn to investor sentiment on Wednesday, propelling U.S. stocks to their best day in a month and. . .  Full story
SA Business
South Africa's department of mineral resources (DMR) will require boards of mining companies to submit reports on health and safety, its director-general told parliament on Thursday.. . .  Full story
Miner Anglo American stuck to its production targets on Thursday despite a first quarter that saw floods and heavy rains hampering output, with coal output from its Australian operations down by. . .  Full story
South Africa's rand edged higher against the dollar on Thursday as an uptick in risk appetite kept the greenback on the ropes globally.. . .  Full story

Anglo American Chairman John Parker promised shareholders he would defend the mining group against unwanted suitors, amid speculation it could become a target for. . .  Full story
Shares in CFC Insurance Holdings (CIH) jumped 127 percent to close at 14.80 shillings on the Nairobi Stock Exchange on its. . .  Full story
Anglo Platinum, the world's largest platinum miner, is pushing to have front-line supervisors' bonuses more closely aligned with performance to boost. . .  Full story
The board of Freeworld Coatings has accepted South Africa's competition watchdog ruling to approve Kansai 12 rand per share takeover offer. . .  Full story

Sentula Mining Ltd said on Thursday that it was merging its coal assets with Shanduka Resources in a 2.1 billion rand deal that will boost its black economic empowerment credentials.. . .  Full story
South Africa auctioned 3.825 billion rand worth of three-month Treasury Bills on Thursday at an average yield of 5.53 percent from 5.54 percent last Friday.. . .  Full story
Company News
With reference to the announcement released on SENS on 12 April 2011, shareholders are advised that the special resolution relating to. . .  Full story
Sentula Mining announced that the company has entered into an agreement with Shanduka Resources as a strategic coal producer and empowerment. . .  Full story
Shareholders of the group are advised that at the AGM held on Thursday, 21 April 2011, all the resolutions set out. . .  Full story
Further to the cautionary announcement released on SENS on 4 March 2011 and its renewal on 18 April 2011, the board. . .  Full story

Resgen has received formal documentation from the South African Department of Mineral Resources that its Ledjadja joint venture has been granted. . .  Full story
Highlights of the quarterly review and production report for the period 1 January 2011 to 31 March 2011: *LTIFR improved by 7%,. . .  Full story
Overview of the interim management statement and production report for the first quarter ended 31 March 2011: *Platinum refined production increased. . .  Full story
Kumba released its production and sales report for the quarter ended 31 March 2011. Throughout the report, production and sales volumes. . .  Full story
Company Results
Revenue for the year ended 28 February 2011 improved to R9.7 billion (R9.2 billion), but operating profit dropped to R514 million. . .  Full story
Revenue declined to R134.4 million (R149.9 million). Profit from operations increased to R13.8 million (R12.7 million) and net attributable profit rose. . .  Full story
Gross revenue rose to R510.9 million (R410.4 million). Operating profit jumped to R12.7 million (R6.7 million). Net attributable profit increased to. . .  Full story
Operating loss for the year ended 31 December decreased to GBP1 million (2010: loss of GBP1.2 million), and total comprehensive loss. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032658.86132.560.41%
JSE Top 4017:0029457.17120.120.41%
JSE Gold17:002823.37-22.59-0.79%
JSE Financial17:0021563.3487.410.41%
JSE Industrial17:0032559.8493.790.29%
JSE Indust 2517:0027292.8670.100.26%
JSE Resource17:0058207.40299.820.52%
DJ Futures20:0012426.00-20.00-0.16%
DJ Ind19:4112479.6926.150.21%
SP 50019:461335.405.040.38%
FTSE 10020/046022.26125.392.13%
All Ords08:374995.7055.501.12%
NZSE 5006:263492.4019.590.56%
NameTimeRPMove% Move
Gold/R kg20:00324714-2711-0.83%
Brent Crude19:56123.87.350.28%
Rand / Dollar19:596.7105-0.0705-1.04%
Rand / Pound19:5511.0628-0.0426-0.38%
Rand / Euro19:559.7702-0.0888-0.90%
Rand / NZD19:585.3830-0.0210-0.39%
Rand / AUD19:557.2158-0.0337-0.46%
Yen / Dollar19:5981.8200-0.7200-0.87%
Euro / Dollar19:550.6865-0.0019-0.28%
Dollar / Euro19:581.45570.00400.28%
Pound / Dollar19:550.6046-0.0050-0.82%

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The JSE Today
Trading Statistics

Major Moves Up
SharenameSaleMove% MoveVolume
1 AME  43002200104.76.%296
2 LONAFRIC  2108061.54.%1150
3 GOLDONE  357267.85.%3138495
4 DATATEC  36822687.85.%445093
5 NUWORLD  23401416.41.%315
6 PHUMELELA  1190686.06.%7562
7 ALTECH  60983385.87.%65242
8 COAL  923485.49.%192323
9 DELTA  770405.48.%3100
10 PERGRIN  1150565.12.%4149
11 ONELOGIX  13064.84.%40000
12 TRUSTCO  11054.76.%84500
13 PALLINGHT  429194.63.%170104
14 SANTAM  128515414.39.%19238
15 EASTPLATS  869333.95.%152677
16 VERIMARK  16163.87.%58973
17 HOSP-A  1400503.70.%459
18 JUBILEE  314113.63.%4700
19 AFRIMAT  350123.55.%51012
20 PNR-FOODS  58191963.49.%6832

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Major Moves Down
SharenameSaleMove% MoveVolume
1 RANGOLD  261-29-10.00.%11624
2 DAWN  660-60-8.33.%1037
3 EHSV  5200-300-5.45.%295918
4 DCENTRIX  435-25-5.43.%58041
5 ANOORAQ  710-40-5.33.%12961
6 ALTRON  2849-121-4.07.%37448
7 KGMEDIA  1750-50-2.78.%20954
8 ELLIES   190-5-2.56.%205500
9 SPURCORP  1340-34-2.47.%260420
10 MIXTEL  121-3-2.42.%14000
11 KEATON   332-8-2.35.%81954
12 KAP  230-5-2.13.%157963
13 OMNIA  7350-150-2.00.%132601
14 TRENCOR  3500-70-1.96.%96203
15 ADCORP  2649-51-1.89.%20331
16 VIVIDEND  475-9-1.86.%1840
17 ITLTILE  442-8-1.78.%206759
18 HULAMIN  713-12-1.66.%236102
19 BASREAD  1260-20-1.56.%80477
20 SASFIN  3400-50-1.45.%2690

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New Highs
SharenameSaleHighMove% MoveVolume
1 AME  430043002200104.76.%296
2 GOLDONE  357365267.85.%3138495
3 ASTRAL  13121139563202.50.%45663

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New Lows
SharenameSaleLowMove% MoveVolume
1 EHSV  52004700-300-5.45.%295918
2 BCX  499497-3-0.60.%1201162
3 INVPROP  10331030-5-0.48.%348331

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Index Summary
Index NameRPMove% Move
Top 4029,457.17120.120.41%
Mid Cap41,557.59183.170.44%
Small Cap32,274.0735.270.11%
Resource 2058,207.40299.820.52%
Industrial 2527,292.8670.100.26%
Financial 158,168.1030.430.37%
Financial & Ind. 3030,570.6390.070.30%
All Share32,658.86132.560.41%
Oil & Gas 28,730.94318.761.12%
Mining 38,276.73166.920.44%
Gold Mining2,823.37-22.59-0.79%
Platinum Mining74.73.981.33%
Oil & Gas Producers 15,448.09171.391.12%
Basic Materials 32,215.80139.210.43%
Chemicals 13,437.659.250.07%
Forestry & Paper 14,393.81235.001.66%
Industrial Metals 30,017.61-115.90-0.38%
Industrials 27,650.0160.560.22%
General Industrials 76,430.59375.260.49%
Consumer Goods 26,982.3769.910.26%
Automobiles & Parts 3,111.3720.380.66%
Household Goods159.5210.40%
Health Care 31,269.42-80.71-0.26%
Beverages 83,946.69-297.29-0.35%
Food Producers 47,803.10336.380.71%
Index NameRPMove% Move
Personal Goods 417.083.890.94%
Consumer Services 53,510.1791.700.17%
General Retailers 41,370.57270.220.66%
Travel & Leisure 3,691.1917.220.47%
Media 84,682.0280.370.09%
Support Services 2,384.79-33.16-1.37%
Telecommunications 67,982.06346.280.51%
Financials 21,563.3487.410.41%
Banks 40,419.49126.250.31%
Non-life Insurance 31,162.511311.884.39%
Life Insurance 16,170.4775.760.47%
General Financial 2,249.4111.890.53%
Technology 20,651.53832.594.20%
SHARIAH TOP40 3,337.31170.50%
FTSE/JSE SHARIAH ALL3,385.28170.49%
COAL MINING23,211.144862.14%
FTSE JSE Fledgling 4,510.65641.44%
FTSE/JSE Alt X 999.7000.01%
RESOURCE 32,128.301680.53%
DIVIDEND PLUS168.4210.33%
FTSE/JSE RAFI 406,814.55290.43%
Capped Top 4015,299.12590.39%
Capped All Share16,405.86640.39%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
22 Apr 2011AFEAGLEDecember 2010 (Final)
22 Apr 2011OANDODecember 2010 (Final)
25 Apr 2011IFCATECHDecember 2010 (Final)
26 Apr 2011OCTODECFebruary 2011 (Interim)
26 Apr 2011PREMIUMFebruary 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
ALTECH11-04-2011-05-2011-05-30R 3.5600
PBT11-04-1911-05-2011-05-30R 0.0300
CMH11-04-1911-06-0311-06-13R 0.3000
PSG11-04-1811-05-0611-05-16R 0.4700
PICKNPAY11-04-1811-06-0311-06-13R 1.0550
Ex Div**
Share NameDec-DateLDTPay-DateAmount
NTC PREF11-04-0111-04-1911-05-03R 3.4161
CASHBIL11-03-2911-04-1411-04-26R 1.5700
SBR00311-04-0511-04-1911-05-05R 1.4100
SANLAM11-03-1011-04-1911-05-10R 1.1500
NAIL11-04-0511-04-1911-05-03R 0.1760

Upcoming AGMs**
CodeCompany NameDateStatus
FCOFoord Compass Ltd21/04/2011Unconfirmed
FCCPFoord Compass Ltd21/04/2011Unconfirmed
FCOPFoord Compass Ltd21/04/2011Unconfirmed
ASAAbsa Group Ltd21/04/2011Confirmed
FCPDFoord Compass Ltd21/04/2011Unconfirmed

Stock Exchange News Service
21/04/201117:45 Exxaro Resources Limited - Correction announcement
21/04/201117:30CCO - Capital & Counties Properties PLC - Results of proxy voting at the Annual
21/04/201117:14 Telemasters Holdings Limited - Amended Notice of Annual General Meeting,
21/04/201117:08 Woolworths Holdings Limited - Purchase of shares by the company in terms
21/04/201117:04 Miranda Mineral Holdings Limited - Miranda Mineral Holdings to relaunch
21/04/201116:45 PBT Group Limited - Review opinion on interim financial statements
21/04/201116:30 Beige Holdings Limited - Restructure of property interests and acquisition
21/04/201116:10 Anglo American plc - Annual General Meeting - Address to shareholders
21/04/201116:00 Pioneer Food Group Limited - Further Trading Update
21/04/201115:44 1time holdings Limited - Dealings in securities by a director of a major
21/04/201115:30 Jubilee Platinum PLC - Correction - Director`s dealing in securities
21/04/201115:19 Petmin Limited - Directors dealing in securities
21/04/201115:08FFA / FFB - Fortress Income Fund Limited - Acquisition of linked units in
21/04/201115:07 Anglo Platinum Limited - Finalisation announcement relating to the change
21/04/201114:51 Sentula Mining Limited - Sentula Mining and Shanduka Resources` coal
21/04/201114:08 Tawana Resources NL - Secondary Trading Notice Pursuant To Section
21/04/201114:03 Freeworld Coatings Limited - Freeworld board response to Competition
21/04/201113:02 ABSA Group Limited - Results of the Annual General Meeting (AGM)
21/04/201112:57 Labat Africa Limited - Renewal of cautionary
21/04/201112:49 Silverbridge Holdings Limited - Trading statement
21/04/201112:35 Hardware Warehouse Limited - Dealings in securities by a director
21/04/201112:30 Tiger Brands Limited - Acquisition of the Status Brand and disposal of
21/04/201112:09 Bowler Metcalf Limited - Cautionary announcement
21/04/201112:00 Jasco - Results of the General Meeting
21/04/201112:00 AECI Limited - Appointment of company secretary
21/04/201111:59 EOH Holdings Limited - Dealings in securities by a director
21/04/201111:19 Distell Group Limited - Appointment of director
21/04/201111:11 Gold One International Limited - Price and volume query received from
21/04/201110:45 Sentula Mining Limited - Announcement in respect of the issue of shares
21/04/201109:58MMH - Miranda Mineral Holdings Limited - Claw Back Offer and Rights Offer
21/04/201109:45 Clicks Group Limited - Posting of Circular and Notice of General
21/04/201109:30 Hyprop - Hyprop`s Proposed Acquisition of 100% of the shares in Attfund
21/04/201109:16 Sekunjalo Investments Limited - Basis of preparation for the unaudited
21/04/201109:16 Resgen - Resource Generation receives Mining Right for its Boikarabelo
21/04/201108:58 Net1 - Net 1 UEPS Technologies, Inc.: South African Social Security Agency
21/04/201108:34 Standard Bank Group Limited - No Change Statement, Annual General
21/04/201108:27 Gold One International Limited - Notice of initial substantial holder
21/04/201108:00 Anglo Platinum Limited - Quarterly review and production report for the
21/04/201108:00 Anglo American plc - Interim Management Statement - Production Report
21/04/201108:00 African Eagle Resources Plc - Preliminary results for the year ended 31
21/04/201108:00 Jubilee Platinum PLC - Director`s dealing in securities
21/04/201108:00 Kumba Iron Ore Limited - Production and sales report for the quarter ended
21/04/201107:59 Vividend - Fulfilment Of Conditions Precedent On Property Acquisitions
21/04/201107:10 British American Tobacco p.l.c - Transaction in own shares
21/04/201107:05 BHP Billiton Plc - Transaction in Shares

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