The Sharenet Daily 
Friday, 27 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.Africa rand firms vs dollar; stocks up for 4th day

By Phumza Macanda and Tiisetso Motsoeneng

JOHANNESBURG (Reuters) - South Africa's rand firmed against the dollar on Friday and bonds gained as foreigners snapped up local debt after a central banker said inflation pressures may have abated to some extent.

Foreign investors have been buying bonds in the past week in the wake of softer-than-expected CPI and PPI data that suggested the beginning of monetary tightening may be pushed back into 2012.

Bonds extended their gains on Friday after deputy central bank governor Daniel Mminele said the recent decline in oil prices had alleviated prices pressures to some extent.

The focus early next week will be on the competition authorities' ruling on Walmart's $2.4 billion bid for local retail Massmart.

Should the deal be approved, it's likely to lend support to the currency and the local bourse, dealers said.

Stocks gained for a fourth straight day on Friday, with luxury goods maker Richemont the top gainer on the blue chip index on news that Swiss watch exports jumped 32 percent while higher metal prices lifted miners.

The rand was trading at 6.8950 against the dollar at 1521 GMT, 0.82 percent stronger than Thursday's New York close of 6.9520.

"We've seen demand from offshore for bonds and for equities, so that's helped the rand," said Ian Scott, dealer at Stanlib, adding that the dollar was also faltering.

The rand hit a near 10-week low of 7.0748 on Wednesday but got strong support at levels above 7.05 as exporters came in to sell dollars.

"We will be looking for bottoming signals next week in dollar/rand. In our view, the risk into next month is for a break above the range to the 7.10-7.20 zone," said Absa Capital in a note.

On fixed income, the yield on the 2015 bond fell three basis points to 7.48 percent after dipping to a four-month low of 7.435. The 2026 yield fell by the same margin to 8.475 percent.

The JSE Top-40 index of blue chips gained 1.38 percent to 29,141.21 and the All-share index, the broadest measure of the South African stock market, was up 1.26 percent at 32,384.41.

"Global markets are having a decent day, commodity prices are advancing ... the sentiment is positive," one Johannesburg-based trader said.

Watch maker Richemont, which also trades in Geneva, was among the biggest gainers on the blue-chip index, rising 3.82 percent to 44.02 rand.

Swiss government data showed on Thursday that watch exports jumped 32 percent in April, increasing investor demand for the maker of Mont Blanc and Cartier watches.

Miners also gained as the weaker dollar boosted commodity prices. Exxaro added 3.81 percent to 161.95 rand and Lonmin improved 2.86 percent to 180.77.

Elsewhere, Massmart was 0.41 percent higher at 140.45 ahead of the upcoming antitrust decision on its deal with Wal-Mart.

Fri, 27 May 2011
Top News
South African petrol pump prices in the main inland commercial region will edge lower by 2 cents a litre, or 0.2 percent, from June 1, the government said on Friday.  Full story

Revenue increased to R81.3 million (R60.8 million) for the year-ended 28 February 2011. Gross profit increased to R49.8 million (R23.5 million) and an operating profit of R654 000 (loss of R12.3 million) was made. A net attributable loss of R1.5million (loss of R7.7 million) was recorded. In  Full story
U.S. Secretary of State Hillary Clinton said on Friday Pakistan needed to take decisive steps against Islamist militancy and that relations between the two allies, tense since the killing of Osama bin Laden, had reached a turning point.  Full story
Ratko Mladic is fit enough to face genocide charges in The Hague, a Belgrade court ruled on Friday after the Bosnian Serb wartime general's son said he appeared too frail after more than 15 years on the run.  Full story
More than 40 Yemenis were killed in pitched street battles in the capital on Thursday as fighting aimed at ending President Ali Abdullah Saleh's three-decade-long rule threatened to ignite civil war.  Full story
European shares rose on Friday, led by banks on a report that Basel III capital requirements would not be as stringent as previously. . .  Full story
The U.S. dollar fell broadly on Friday after weaker-than-expected U.S. consumer spending and housing data stoked worries the recovery is losing momentum, while gold. . .  Full story
Wall Street rose on Friday, led by energy and materials stocks as commodity prices firmed in light trading before the long Memorial Day. . .  Full story
Miners and banks led a broad-based FTSE rally into the long holiday weekend, although short-term index moves are seen rangebound with a technical. . .  Full story

Gold hit its highest in more than three weeks on Friday as worries about Greece's debt crisis triggered buying by investors looking for. . .  Full story
The dollar pared losses and world stocks and crude prices gave up some of their gains on Friday after a ratings blow. . .  Full story
Hong Kong shares jumped on Friday, recovering the bulk of the week's losses and shrugging off a weak Shanghai market that posted its. . .  Full story
The Nikkei stock average fell on Friday for its third straight week of losses, pulled lower by a drop in Sony Corp shares. . .  Full story
SA Business
Impala Platinum, the world's second largest platinum producer, said on Friday it aimed to cut staff at its Marula subsidiary in South Africa because of a persistent failure to meet production. . .  Full story
The South African Reserve Bank will not hesitate to take timely action to ensure "second round" inflation does not bed down in the economy, Deputy Governor Daniel Mminele said on Friday.. . .  Full story
South Africa's rand firmed to a week high against a broadly weaker dollar on Friday, although importer demand for dollars looked likely to cap gains at around 6.9 to the dollar,. . .  Full story

AngloGold Ashanti, Africa's biggest gold producer, said on Friday that a worker was killed at its Mponeng mine in South Africa,. . .  Full story
AngloGold Ashanti, Africa's biggest gold producer, said on Friday that mining operations had stopped at its Mponeng mine in South Africa. . .  Full story
Energy trader Gunvor is interested in acquiring Russian coal activities including coking coal miner Raspadskaya and steam coal player SDS, three sources in the. . .  Full story
Bereft of China's riches, India is banking on diplomacy, development and its entrepreneurial private sector to woo African nations to open markets and natural. . .  Full story
Company News
Anglo announced that 27 100 ordinary shares were transferred from treasury shares on 27 May 2011, in respect of the grant. . .  Full story
Shareholders were referred to the SENS announcement dated 20 May 2011 and advise that the company has not yet received approval. . .  Full story
Shareholders are advised that in order to comply with the provisions of the newly enacted Companies Act, 2008:. . .  Full story
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE Limited, listed companies are required to publish a trading. . .  Full story

Marula Platinum (Pty) Ltd ("Marula"), a subsidiary company in which Implats has a 73% interest, has continued to underperform against the operational targets that management has set. Recent underperformance is due to logistical constraints as a result of the conversion from mechanised to conventional mining at Clapham shaft. Driekop shaft continues to perform well. As a consequence, the company is undertaking a full strategic review of this business. Initial indications are that Marula s. . .  Full story
Company Results
Revenue decreased to R1.4 billion (R1.9 billion). Gross profit declined to R161.4 million (R496.8 million) and results from operating activities showed. . .  Full story
Despite Southern Africa's slow emergence from the global recession, historical low interest rates and severe flooding in northern Namibia, Trustco was. . .  Full story
Revenue increased by 13% to R11 billion (R9.7 billion). Profit from operating activities was up 45% to R1.4 billion (R991.5 million).. . .  Full story
Revenue increased to R12.4 billion (R10.8 billion) and gross profit rose to R4.2 billion (R3.6 billion). Operating profit before finance charges. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032384.41404.301.26%
JSE Top 4017:0029141.21397.681.38%
JSE Gold17:002600.9922.820.89%
JSE Financial17:0021848.92223.431.03%
JSE Industrial17:0033144.63457.561.40%
JSE Indust 2517:0027913.02428.981.56%
JSE Resource17:0055631.47666.161.21%
DJ Futures20:0012440.0028.000.23%
DJ Ind19:3512443.2140.450.33%
SP 50019:401331.005.310.40%
FTSE 10017:355938.8757.880.98%
All Ords08:374760.3025.200.53%
NZSE 5007:323527.96.370.01%
NameTimeRPMove% Move
Gold/R kg20:0034088411520.34%
Brent Crude19:56115.11-.33-0.29%
Rand / Dollar19:596.9115-0.0470-0.68%
Rand / Pound19:5511.37820.00590.05%
Rand / Euro19:559.89270.05740.58%
Rand / NZD19:595.65080.01410.25%
Rand / AUD19:557.41450.01120.15%
Yen / Dollar19:5680.8800-0.4800-0.59%
Euro / Dollar19:590.7008-0.0068-0.96%
Dollar / Euro19:591.42720.01380.98%
Pound / Dollar19:550.6070-0.0029-0.48%

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The JSE Today
Trading Statistics

Major Moves Up
SharenameSaleMove% MoveVolume
1 UNIVERSAL  2052312.64.%101592
2 ANOORAQ  5455411.00.%45011
3 MMG  150107.14.%1500
4 MAZOR  13975.30.%10350
5 PBT  12665.00.%8731
6 CASHBIL  95504004.37.%9964
7 STEINHOFF  2481964.03.%5268769
8 PALCAP  260104.00.%183244
9 RICHEMONT  44021623.82.%8596758
10 EXXARO  161955953.81.%808416
11 SENTULA  27193.44.%55849
12 KEATON   325103.17.%44428
13 ARCMITTAL  81452453.10.%334561
14 URONE  2680803.08.%12702
15 GBGOLD  1350392.97.%14270
16 LONMIN  180775022.86.%952964
17 ESORFRANK  18552.78.%47661
18 HARMONY  93502492.74.%1154938
19 BELL  1510402.72.%7447
20 PAN-AF  11632.65.%828486

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Major Moves Down
SharenameSaleMove% MoveVolume
1 HWANGE  410-30-6.82.%70000
2 WITSGOLD  4701-299-5.98.%2500
3 JUBILEE  339-11-3.14.%32300
4 WINHOLD  165-5-2.94.%10000
5 S-OCEAN  203-6-2.87.%10000
6 VALUE  410-10-2.38.%76732
7 IQUAD  235-5-2.08.%6000
8 PARACON  180-3-1.64.%757629
9 ASTRAL  13133-167-1.26.%63355
10 AVUSA  2470-29-1.16.%111977
11 ITLTILE  435-5-1.14.%20400
12 PIKWIK  1775-20-1.11.%306369
13 CAPITEC  18800-200-1.05.%45604
14 EQSTRA  630-6-0.94.%806043
15 COMAIR  220-2-0.90.%69060
16 CLOVER  1100-10-0.90.%555714
17 HCI  7780-70-0.89.%15444
18 CMH  1135-10-0.87.%19716
19 DRDGOLD  351-3-0.85.%125351
20 PICKNPAY  4280-33-0.77.%796036

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New Highs
SharenameSaleHighMove% MoveVolume
1 UNIVERSAL  2052052312.64.%101592
2 CAPCO  20412041492.46.%65751
3 CML  19351949100.52.%1261175
4 OMNIA  77508140150.19.%6226
5 PSG  4779480090.19.%10643
6 VERIMARK  1901950.251646
7 BATS  3091431145-12-0.04.%520118

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New Lows
SharenameSaleLowMove% MoveVolume

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Index Summary
Index NameRPMove% Move
Top 4029,141.21397.681.38%
Mid Cap41,807.82275.630.66%
Small Cap32,212.5997.500.30%
Resource 2055,631.47666.161.21%
Industrial 2527,913.02428.981.56%
Financial 158,270.3894.531.16%
Financial & Ind. 3031,172.12457.921.49%
All Share32,384.41404.301.26%
Oil & Gas 27,639.23526.361.94%
Mining 36,538.33406.881.13%
Gold Mining2,600.9922.820.89%
Platinum Mining71.65.951.34%
Oil & Gas Producers 14,861.10283.011.94%
Basic Materials 30,864.70338.071.11%
Chemicals 13,784.916.200.04%
Forestry & Paper 14,862.7765.960.45%
Industrial Metals 28,954.16421.221.48%
Industrials 27,875.47277.031.00%
General Industrials 76,826.02908.361.20%
Consumer Goods 27,812.37545.272.00%
Automobiles & Parts 3,172.5113.590.43%
Household Goods157.6764.02%
Health Care 32,588.49167.870.52%
Beverages 86.56.710.83%
Food Producers 46,971.94225.550.48%
Index NameRPMove% Move
Personal Goods 439.6616.183.82%
Consumer Services 53,807.60723.511.36%
General Retailers 41,176.32537.401.32%
Travel & Leisure 3,690.236.880.19%
Media 87.101.481.73%
Support Services 2,408.0729.021.22%
Telecommunications 69,276.20721.661.05%
Financials 21,848.92223.431.03%
Banks 41,041.39470.761.16%
Non-life Insurance 31,
Life Insurance 16,077.80211.561.33%
General Financial 2,311.6415.160.66%
Technology 21,632.1826.570.12%
SHARIAH TOP40 3,230.94421.30%
FTSE/JSE SHARIAH ALL3,287.33401.23%
COAL MINING21,893.576613.11%
FTSE JSE Fledgling 4,625.90-4-0.08%
FTSE/JSE Alt X 1,032.6050.47%
RESOURCE 30,700.443741.23%
DIVIDEND PLUS168.9010.75%
FTSE/JSE RAFI 406,770.03861.28%
Capped Top 4015,189.162141.43%
Capped All Share16,299.262061.28%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
30 May 2011AFDAWNFebruary 2011 (Final)
30 May 2011CADIZMarch 2011 (Final)
30 May 2011IDECOFebruary 2011 (Interim)
30 May 2011ILLOVOMarch 2011 (Final)
30 May 2011INSIMBIFebruary 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
MRPRICE11-05-2611-06-1711-06-27R 1.7530
TFG PREF11-05-2611-09-1611-09-26R 0.0650
TFG11-05-2611-07-0111-07-11R 2.1200
ADCORP11-05-2511-07-0811-07-18R 1.2100
NAMPAK11-05-2511-07-0111-07-11R 0.3400
Ex Div**
Share NameDec-DateLDTPay-DateAmount
ALTECH11-04-2011-05-2011-05-30R 3.5600
JSE11-03-1511-05-2011-05-30R 2.1000
OASIS11-05-1111-05-2711-06-03R 0.4616
MVELA RES11-05-2011-05-2711-06-06R 0.3100
BASREAD11-03-2411-05-2711-06-06R 0.3000

Upcoming AGMs**
CodeCompany NameDateStatus
AFEAECI Ltd31/05/2011Confirmed
AFEPAECI Ltd31/05/2011Confirmed
MTLMercantile Bank Holdings Ltd01/06/2011Confirmed
SNTSantam Ltd01/06/2011Confirmed
MTLPMercantile Bank Holdings Ltd01/06/2011Confirmed

Stock Exchange News Service
27/05/201117:13 Value Group Limited - Directors dealing in securities
27/05/201117:07 Famous Brands Limited - No change statement and notice of annual general
27/05/201116:41 Hyprop Investments Limited - No change statement, notice of annual
27/05/201116:34 Premium Properties Limited - Dealing in securities by associate of
27/05/201116:30 Anglo American plc - Treasury Shares - Transfers
27/05/201116:16 MTN Group Limited - No change statement and Notice Of Annual General
27/05/201116:06 Hulamin Limited - Acceptance of rights to participate in share incentive
27/05/201115:45 Lonrho Plc - Total Voting Rights
27/05/201115:39 African Brick - Trading Update
27/05/201115:36 The Don Group Limited - Renewal of cautionary announcement
27/05/201115:30ES23 - Eskom Holdings Soc Limited - Tap Issue
27/05/201115:08 Pinnacle Point Group Limited - Postponement of salient dates on claw back
27/05/201115:04 PSG Group Limited - Dealing in PSG Group Limited shares by an associate of
27/05/201115:00 Wilderness Holdings Limited - Reviewed abridged group financial results
27/05/201114:59 MiX Telematics Limited - Changes to the board of directors
27/05/201114:46 ArcelorMittal South Africa Limited - Changes to the board of directors
27/05/201114:33 Imuniti Holdings Limited - Audited consolidated condensed financial
27/05/201113:53 Lonmin Plc - Notification of major interest in shares
27/05/201113:43PSG - PSG Group/PSG Financial Services - No change statement and notice of
27/05/201113:39 Bonatla Property Holdings Limited - Trading update
27/05/201113:20 Gooderson Leisure Corporation Limited - Condensed consolidated reviewed
27/05/201113:12 W G Wearne Limited - Trading statement update
27/05/201113:02 Spanjaard Limited - Dealings in securities by a director
27/05/201113:00 Universal Industries Corporation Limited - Cautionary announcement -
27/05/201113:00 Spanjaard Limited - Dealings in securities by a director
27/05/201113:00 MAS PLC - Notice of shareholders` meeting and change to abridged audited
27/05/201112:58 Spanjaard Limited - Dealings in securities by a director
27/05/201112:56 Brikor Limited - Trading statement
27/05/201112:35 StratCorp Limited - Audited abridged financial results for the year ended
27/05/201112:20 Medi-Clinic Corporation Limited - Dealings in securities
27/05/201112:00 MAS Plc - Update on final dividend
27/05/201112:00 British American Tobacco p.l.c - Transaction in own shares - Correction
27/05/201111:51 Zeder Investments Limited - No change statement and notice of Annual
27/05/201111:47SCIB - The Standard Bank of South Africa Limited - Notice of rollover
27/05/201111:41 Vunani Limited - Renewal of Cautionary Announcement
27/05/201111:28 Quantum Property Group Limited - Trading statement
27/05/201111:13ABLSTG - The Standard Bank Of South Africa Limited - Dividend announcement in
27/05/201111:08 Shoprite Holdings Limited - Dealing in securities by a non-executive
27/05/201111:05 William Tell Holdings Limited - Trading statement
27/05/201111:02 Paladin Capital Limited - No change statement and notice of Annual General
27/05/201111:00RTOP - Rex Trueform Clothing Company Limited - Declaration of dividend number
27/05/201111:00AOVP - African & Overseas Enterprises Limited - Declaration of Dividend Number
27/05/201110:59 Adcorp Holdings Limited - Notice of Annual General Meeting
27/05/201110:00 Impala Platinum Holdings Limited - Strategic Repositioning of Marula
27/05/201109:50SCIB - The Standard Bank Of South Africa Limited - Issue of share instalments
27/05/201109:23 Tawana Resources NL - Results of Annual General Meeting
27/05/201109:11GEN - GENERAL - BCH - Best Cut Limited - Termination of Listing on the JSE
27/05/201109:10GEN - GENERAL - BEE - Beget Holdings Limited - Termination of Listing on the JSE
27/05/201109:04 Tawana Resources NL - Change to the Board
27/05/201109:00 New Corpcapital Limited - Unaudited condensed consolidated interim
27/05/201108:00 Rolfes - Renewal of Cautionary announcement
27/05/201107:30 Reinet Investments S.C.A. Depositary Receipts - Consolidated audited
27/05/201107:27 Stella Vista Technologies Limited -Interim results for the period ending
27/05/201107:24ABLNIE - Nedbank Limited - Dividend distribution announcement in relation to The
27/05/201107:11 BHP Billiton Plc - Transaction in shares
27/05/201107:10 British American Tobacco p.l.c.- Transaction in own shares
27/05/201107:05KBO - Kibo Mining Plc - Abridged Pre-listing Statement

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