The Sharenet Daily 
Tuesday, 03 May 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
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 govt bonds gain, stocks take a breather

By Gugulakhe Lourie and Xola Potelwa

JOHANNESBURG (Reuters) - Yields on South African government bonds fell on Tuesday as the debt market played catch-up to the rand's gains from the previous week and a well-bid debt auction supported bonds.

The rand remained steady against the dollar and dealers said the currency would be range bound and look for direction once traders had settled down after a long weekend while blue-chip stocks took a breather as weaker metal prices put pressure on mining stocks.

Local trading is returning to normal after a number of public holidays that led to a lull in domestic markets since the Easter weekend.

Government bond yields closed lower on the JSE as bonds gained, catching up to rand strength from the previous week and as the 2026 bond saw high demand at an auction earlier in the session.

"The auction was good. The 2026 is the biggest single liquid issue out at the moment so for fund managers looking for exposure or duration in the long end, that's the prime target for investment," a local bond trader said.

Treasury sold 1.3 billion rand worth of the 2018 government bond and 800 million rand of the 2026 paper at the weekly sale. The 15 year paper was over four times covered and the seven year nearly two times covered.

"Also a lot of people away for about a week had missed a run in the rand over the last couple of days...with the rand having appreciated quite significantly the bonds were lagging that," said the trader.

The yield on the 2015 bond closed at 7.615 percent and the 2026 ended at 8.615 percent, from 7.64 and 8.65 percent respectively.

The rand was at 6.6088 at 1540 GMT, retreating from a 3-year high of 6.5410 high hit on Monday while tracking the euro. It closed at 6.6089 in New York on Monday.

"The rand is in ranges, reacting really to what the euro is up to in a quiet day," said Jim Bryson, trader at Rand Merchant Bank .

"Now that we are all getting back to work we'll start picking up a bit of direction," Bryson added.


The JSE Top-40 index of blue chips was down 1.74 percent to end at 29,049.59.

"It's a bit of a down day, everything is down, a bit of a sell-off after the recent weeks we have had. There have been decent gains over the past few weeks," said Mitchell Gannaway, a trader at Thebe Securities.

The All-share, the broadest measure of South African stock performance, is down 1.55 percent at 32,325.83. The index rose nearly 5 percent in the previous six sessions. Investors also became more cautious after the index came within shooting distance of its lifetime high of 33,334 in recent sessions.

"We are fairly close to the all-time high on the All-share index. Whenever we get closer to levels we haven't seen before, volatility tends to go overboard," said Gannaway.

Bourse and mining heavyweight Anglo American dropped 2.16 percent to 338.05 rand and rival BHP Billiton lost 1.35 percent to 270.80 rand as copper fell to its lowest since mid-March.

Platinum stocks also dropped, led by Impala Platinum losing 3.78 percent to 197.27 rand and Anglo American Platinum shedding 2.85 percent to 647.99 rand.

Gold Fields was down 3.56 percent to 113.11 rand and AngloGold Ashanti 3.24 percent lower to 322 rand as gold fell from record highs above $1,570 an ounce the previous day.

Tue, 03 May 2011
Top News
South Africa's 2011/12 sugar output is estimated at 1.923 million tonnes, up from the previous season's output of 1.909 million tonnes, according to data from the South African Sugar Association (SASA) seen by Reuters on Tuesday.  Full story

South African maize futures rose on Tuesday, defying global trends, as investors looked at potential export markets for the country's harvests.  Full story
A brief rebound in the U.S. dollar pushed down stocks and commodities on Tuesday, but the greenback's rise was short-lived as investors refocused on the U.S. pledge to keep cheap money flowing through the economy.  Full story
Academic-turned-politician Michael Ignatieff quit as leader of Canada's once-mighty Liberals on Tuesday after steering his party from opposition to near irrelevance in Monday's federal election.  Full story
Pakistan's president acknowledged for the first time on Tuesday that his security forces were left out of a U.S. operation to kill Osama bin Laden, but he did little to dispel questions over how the al Qaeda leader was able to live in comfort near Islamabad.  Full story
The S&P and Nasdaq declined on Tuesday as commodity-related shares fell, with investors seeing pullbacks by some sectors that have gained the most. . .  Full story
European stocks sagged on Tuesday, snapping their eight-session winning run in a broad retreat led by mining and oil shares, but analysts said. . .  Full story
Drugmakers helped Britain's top share index rise modestly on Tuesday, buoyed by deal activity in the United States, as traders mooted the possibility. . .  Full story
Gold fell on Tuesday from record highs above $1,570 an ounce the previous day, as the dollar rose and as safe-haven buying of. . .  Full story

World stocks fell on Tuesday as investors pocketed gains after a five-session winning run, while the dollar edged off a 33-month low, sending. . .  Full story
China shares rose on light volume on Tuesday helped by defensive sectors, though may follow Hong Kong stocks lower as investors persistently move. . .  Full story
European shares slipped on Tuesday after a strong recent run, weighed by mining stocks on the back of lower metals prices.. . .  Full story
Australian stocks declined 0.8 percent on Tuesday, weighed by worries over the impact of the high Aussie dollar on profits, but ending. . .  Full story
SA Business
AngloGold Ashanti, Africa's leading gold producer, said on Tuesday it expected first-quarter earnings to triple, after the company eliminated its hedge. . .  Full story
South Africa's powerful National Union of Mineworkers (NUM) will hold a one-day protest on Saturday over safety in the North-West province,. . .  Full story
The number of unemployed people in South Africa increased in the first quarter of this year, mainly due to seasonal changes,. . .  Full story
Economic growth in sub-Saharan Africa has largely returned to pre-financial crisis levels but monetary tightening has failed to keep pace, with. . .  Full story

Tension between the ruling MPLA party and the main opposition UNITA party and questions over policy-making are worrying investors in the major African oil-producing. . .  Full story
ArcelorMittal South Africa, a unit of the world's biggest steel maker, said on Tuesday it would leave prices for its products. . .  Full story
A stretch of West Africa's coast spanning more than a dozen countries, the Gulf of Guinea is a growing source of oil, cocoa. . .  Full story
Ghana joined the club of oil-producing nations in December and is settling down to its new status as a middle-income country that is. . .  Full story

South Africa's Purchasing Managers' Index edged lower to 56.4 in April, from a 13-month high of 57.2 in March, sponsor Kagiso said on Tuesday.. . .  Full story
Shares in Mr Price rose more than 2 percent in early trade on Tuesday after the South African discount clothing retailer forecast as much as a 53 percent rise in full-year. . .  Full story
South Africa's rand steadied against the dollar on Tuesday and was expected to make another attempt at 3-year highs hit in the previous session as the greenback remains on the back. . .  Full story
Company News
Further to the cautionary announcement dated 14 March 2011 Mvela Group shareholders were advised that negotiations were still in progress which,. . .  Full story
Great Basin reported an operational update for the quarter ended 31 March 2011 (Q1 2011). The company will file its interim. . .  Full story
Notice is hereby given that preference dividend number 150 at a rate of 6% per annum for the period ended 31. . .  Full story
Shareholders are referred to the voluntary announcement released by GPI on SENS on 30 November 2010 wherein shareholders were advised that. . .  Full story

Shareholders are advised that the group's earnings for the 12 (twelve) months period ended 31 March 2011 are expected to increase by between 25% and 35% and headline earnings by between 55% and 70% over those of the previous corresponding period. In compliance with the Namibian Stock Exchange Listings Requirements, Trustco Group Holdings Ltd shareholders are advised that for the 12th months period ended 30 March 2011, it is expected that. . .  Full story
Company Results
RedefIntl's maiden interim results as at 28 February 2011 showed gross rental income amounted to GBP11.6 million and a net attributable profit of GBP9.5 million. In addition, a headline earning per linked unit of GBP3.91p was reported. Dividend. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032325.83-510.40-1.55%
JSE Top 4017:0029049.59-514.69-1.74%
JSE Gold17:002676.52-88.30-3.19%
JSE Financial17:0021707.64-298.38-1.36%
JSE Industrial17:0032889.63-337.93-1.02%
JSE Indust 2517:0027567.50-323.82-1.16%
JSE Resource17:0055952.84-1280.46-2.24%
DJ Futures19:5612740.00-18.00-0.14%
DJ Ind19:4112784.20-23.16-0.18%
SP 50018:461357.14-4.08-0.30%
FTSE 10017:356082.8812.980.21%
All Ords08:394854.70-41.50-0.85%
NZSE 5007:263495.11-2.75-0.08%
NameTimeRPMove% Move
Gold/R kg19:563265326700.21%
Brent Crude19:56122.75-2.72-2.17%
Rand / Dollar19:586.62290.02280.35%
Rand / Pound19:5510.8914-0.0662-0.60%
Rand / Euro19:559.82540.04180.43%
Rand / NZD19:575.3041-0.0147-0.28%
Rand / AUD19:557.2063-0.0166-0.23%
Yen / Dollar19:5880.9700-0.2600-0.32%
Euro / Dollar19:550.6736-0.0008-0.12%
Dollar / Euro20:001.48370.00160.11%
Pound / Dollar19:550.60590.00550.92%

Click here for the Sharenet Spot Price page
The JSE Today
Trading Statistics

Major Moves Up
SharenameSaleMove% MoveVolume
1 URONE  29051756.41.%58836
2 ROLFES  17095.59.%50000
3 ONELOGIX  12165.22.%79000
4 AMECOR  16363.82.%16600
5 ELLIES   20073.63.%274077
6 HULAMIN  726253.57.%561308
7 LITHA  24883.33.%222054
8 VIVIDEND  490142.94.%2000
9 DAWN  720202.86.%53809
10 METROFILE  18952.72.%79267
11 PLATMIN  575152.68.%18000
12 OCEANA  40001002.56.%4796
13 BAUBA  20442.00.%2180
14 CITYLDG  70371371.99.%148474
15 CIPLAMED  700131.89.%267829
16 NEPI  3150501.61.%7400
17 CAPITEC  177002801.61.%44656
18 ALTRON  2926461.60.%27547
19 PBT  13121.55.%46246
20 RAUBEX  2005301.52.%618163

Click here for more Major Moves...
Major Moves Down
SharenameSaleMove% MoveVolume
1 ITLTILE  420-45-9.68.%13846
2 DRDGOLD  366-33-8.27.%967893
3 AQUARIUS  3672-303-7.62.%67376
4 OANDO  266-19-6.67.%23330
5 KEATON   311-19-5.76.%24396
6 EHSV  5300-295-5.27.%172414
7 AFRO-C  190-10-5.00.%5000
8 SACOIL  172-9-4.97.%992641
9 GRANPRADE  300-15-4.76.%104670
10 ANOORAQ  630-30-4.55.%183264
11 TRADEH  602-27-4.29.%40
12 SANLAM  2703-113-4.01.%5694746
13 AVUSA  2400-100-4.00.%143844
14 IMPLATS  19727-776-3.78.%1961370
15 TRUSTCO  130-5-3.70.%14729
16 ESORFRANK  183-7-3.68.%233950
17 GFIELDS  11311-417-3.56.%2514346
18 KUMBAIO  46304-1698-3.54.%318254
19 COAL  909-33-3.50.%130920
20 GBGOLD  1675-57-3.29.%20562

Click here for more Major Moves...

New Highs
SharenameSaleHighMove% MoveVolume
1 CAPITEC  17700177402801.61.%44656
2 PSG  44024500380.87.%73233
3 AECI  86678888670.78.%90990
4 BATS  28958292092080.72.%453475
5 CML  190019190.742526
6 RICHEMONT  42304275-8-0.19.%7293680
7 WOOLIES  29802999-15-0.50.%1373202
8 EXXARO  1748117751-259-1.46.%1081848
9 AVUSA  24002600-100-4.00.%143844

Click here for more Major Moves...
New Lows
SharenameSaleLowMove% MoveVolume

Click here for more Major Moves...

Index Summary
Index NameRPMove% Move
Top 4029,049.59-514.69-1.74%
Mid Cap42,046.91-212.59-0.50%
Small Cap32,327.88-185.89-0.57%
Resource 2055,952.84-1280.46-2.24%
Industrial 2527,567.50-323.82-1.16%
Financial 158,208.30-133.48-1.60%
Financial & Ind. 3030,828.23-416.77-1.33%
All Share32,325.83-510.40-1.55%
Oil & Gas 27,936.00-796.09-2.77%
Mining 36,759.58-794.62-2.12%
Gold Mining2,676.52-88.30-3.19%
Platinum Mining74.22-2.40-3.13%
Oil & Gas Producers 15,020.67-428.05-2.77%
Basic Materials 31,025.68-668.33-2.11%
Chemicals 13,632.03-15.73-0.12%
Forestry & Paper 14,233.30-158.19-1.10%
Industrial Metals 29,723.34-953.29-3.11%
Industrials 27,801.21-242.84-0.87%
General Industrials 76,714.45-990.15-1.27%
Consumer Goods 27,204.80-102.32-0.37%
Automobiles & Parts 3,152.13-20.38-0.64%
Household Goods158.56-2-1.39%
Health Care 31,994.67-8.91-0.03%
Beverages 84.53-84661.78-99.90%
Food Producers 48,142.69-424.60-0.87%
Index NameRPMove% Move
Personal Goods 422.48-.80-0.19%
Consumer Services 54,292.04-654.31-1.19%
General Retailers 42,347.06-192.54-0.45%
Travel & Leisure 3,748.2916.450.44%
Media 85.20-87016.54-99.90%
Support Services 2,372.75-46.50-1.92%
Telecommunications 69,148.54-1382.20-1.96%
Financials 21,707.64-298.38-1.36%
Banks 40,816.59-561.94-1.36%
Non-life Insurance 31,742.06242.490.77%
Life Insurance 16,066.81-345.25-2.10%
General Financial 2,272.88-19.34-0.84%
Technology 20,421.44-102.11-0.50%
SHARIAH TOP40 3,243.75-70-2.12%
FTSE/JSE SHARIAH ALL3,301.99-66-1.95%
COAL MINING23,545.57-340-1.42%
FTSE JSE Fledgling 4,516.31-27-0.60%
FTSE/JSE Alt X 1,021.67141.37%
CAPPED PROPERTY 315.30-1.12%
RESOURCE 30,905.14-696-2.20%
DIVIDEND PLUS169.70-2-1.00%
FTSE/JSE RAFI 406,754.28-115-1.67%
Capped Top 4015,145.97-271-1.76%
Capped All Share16,272.90-257-1.56%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
04 May 2011ADCORPFebruary 2011 (Final)
04 May 2011ALTRONFebruary 2011 (Final)
04 May 2011ALTRON PPFebruary 2011 (Final)
05 May 2011NET1UEPSMarch 2011 (Q)
05 May 2011NET1UEPSPMarch 2011 (Q)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
KAYDAV11-04-2911-05-2011-05-30R 0.0550
OCTODEC11-04-2611-05-1211-05-23R 0.6500
PREMIUM11-04-2611-05-1211-05-23R 0.5820
ALTECH11-04-2011-05-2011-05-30R 3.5600
CMH11-04-1911-06-0311-06-13R 0.3000
Ex Div**
Share NameDec-DateLDTPay-DateAmount
PHUMELELA11-04-0811-04-2811-05-09R 0.2500
VIVIDEND11-04-0811-04-2811-05-09R 0.0996
ZEDER11-04-1111-04-2811-05-09R 0.0400

Upcoming AGMs**
CodeCompany NameDateStatus
MTAMetair Investments Ltd04/05/2011Confirmed
BELBell Equipment Ltd04/05/2011Confirmed
MNDMondi Ltd05/05/2011Confirmed
NBKPNedbank Ltd05/05/2011Confirmed
NBKONedbank Ltd05/05/2011Confirmed

Stock Exchange News Service
03/05/201117:36JCD - JCI Limited - Update regarding JCI`s annual financial statements for the
03/05/201117:27 African Oxygen Limited - Revised Annual General Meeting Notice
03/05/201117:20 British American Tobacco p.l.c - British American Tobacco p.l.c. (the
03/05/201117:18 Alexander Forbes Preference Share Investments - Cautionary Announcement
03/05/201117:00 New Europe Property Investments plc - Results of Annual General Meeting
03/05/201117:00MVG/MVGP - Mvelaphanda Group Limited - Renewal of cautionary announcement
03/05/201116:59 Lonmin Plc - Total Voting Rights and Capital as at 30 April 2011
03/05/201116:42 BioScience Brands Limited - Changes to the board
03/05/201116:36 Combined Motor Holdings Limited - No Change Statement and Notice of AGM
03/05/201116:32 Litha Healthcare Group Limited - Litha Healthcare Group Limited Acquires
03/05/201116:30 Basil Read Holdings Limited - No change statement and notice of Annual
03/05/201116:30 Pinnacle Technology Holdings Limited - Repurchase of Pinnacle shares from
03/05/201115:32 Exxaro Resources Limited - Trading of Exxaro ordinary shares on behalf of
03/05/201114:30 Great Basin Gold provides operational update
03/05/201114:12 Redefine Properties International Limited - Debenture Interest
03/05/201114:11 Redefine Properties International Limited - Unaudited Condensed
03/05/201114:11 Insimbi - Appointment of Financial Director
03/05/201114:11 Redefine Properties International Limited - Reviewed interim results
03/05/201114:01EXT - Extract Resources Limited - Extract confident the Husab Uranium Project
03/05/201114:00 Petmin Limited - Cautionary Announcement
03/05/201114:00 Anglo American Plc - Total voting rights
03/05/201114:00EXT - Extract Resources Trading Halt
03/05/201113:44 Assore Limited - Change to board of directors
03/05/201113:36 Ellies Holdings Limited - Dealing in securities
03/05/201113:00 SABMiller plc - MillerCoors increases first quarter profits
03/05/201113:00 Anglogold Ashanti Limited - First quarter 2011 market update
03/05/201111:45MND/ MNP - Mondi - Notification of Major Interests in Shares
03/05/201111:29 The Bidvest Group Limited - Repurchase of shares from Dinatla
03/05/201111:00 SABMiller plc - Change in particulars of director
03/05/201109:19BAW/BAWP - Barloworld Limited - Preference dividend no. 150
03/05/201109:03REB - Rebosis - Abridged Pre-Listing Satement - Listing of Rebosis on the JSE
03/05/201109:00 Grand Parade Investments Limited - Voluntary announcement: Implementation
03/05/201108:29 BHP Billiton Plc - Total Voting Rights and Capital
03/05/201108:00 Pan African Resources plc - Barberton mines secures revolving credit
03/05/201108:00 Mr Price - Earnings forecast for the 53 week trading period ended 2
03/05/201108:00GLD - NewGold Issuer Limited - Listing of additional Newgold Debentures
03/05/201107:35 Firestone share purchase plan
03/05/201107:34 Firestone Energy Limited - Appendix 5B
03/05/201107:33 Firestone Energy Limited - Quarterly activities report for the
03/05/201107:30 Trustco Group Holdings Limited - Trading Statement

Click here for more SENS news