The Sharenet Daily 
Monday, 30 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)

South African rand, stocks steady in thin trade

JOHANNESBURG (Reuters) - The South African rand was little changed against the dollar in lacklustre trade on Monday due to a dearth of domestic economic news and market holidays in London and New York.

Stocks were mainly weak for most of the day but later recouped losses to close flat, helped by a rally in gold mining shares as they caught up with recent gains in gold prices.

The rand was trapped in a narrow 6.89-95 range for much of the session and traded at 6.9416 by 1602 GMT, just 0.02 percent softer than Friday's close at 6.94.

"It's been a dead quiet day; nothing to drive it on the local front, and New York and London out of the picture," a Johannesburg foreign currency dealer said.

Government bonds were also quiet, with the yield on the benchmark four-year bond dipping just half a basis point to 7.475 percent while that on the longer-dated 2026 note was unchanged from Friday's close of 8.475 percent.

Johannesburg's benchmark Top-40 index of blue-chip stocks dipped 0.05 percent to 29,127.06, while the broader All-share index gained 0.02 percent to 32,389.91.

Shares of gold miners bucked the bearish trend, with the gold index adding 1.4 percent to 2,636.37. Gold Fields led the pack, gaining over 2 percent to 112.50 rand.

"Gold shares were pretty strong because they have generally been lagging gold prices," one trader said.

Shares of Capital Shopping Centers fell 2.5 percent to 44.55 rand as the British mall owner's stock went ex-dividend, or traded without the right to its latest dividend.

Illovo Sugar lost 1.2 percent to 25.60 rand after full-year earnings shrunk by a third.

Eqstra Holdings' shares rose 3 percent to 6.27 rand after the construction and mining equipment leasing company said it expected to return to profit in the year to end-June.

Traders expected the rand to consolidate in the mid-6.90s ahead of first-quarter GDP and April credit extension data on Tuesday, which should give further pointers on the interest rate outlook.

Analysts polled by Reuters last week saw GDP growth slowing slightly to 4.2 percent on an annualised and seasonally adjusted basis from 4.4 percent in Q4 2010. Money supply and credit demand are seen nudging higher.

A weaker-than-expected economic growth number could further dent prospects of the Reserve Bank raising interest rates later this year, after loosening policy between December 2008 and December 2010.

Mon, 30 May 2011
Top News
ArcelorMittal South Africa has decided to join Kumba Iron Ore in its legal case against Imperial Crown Trading, which was granted a prospecting right over an area already mined by Kumba.  Full story

South Africa's power utility Eskom said on Monday it had secured a $805.6 million loan from the Export-Import Bank of the United States to help fund its planned Kusile plant.  Full story
Germany plans to shut all nuclear reactors by 2022, Chancellor Angela Merkel's ruling coalition announced on Monday, in a policy reversal drawn up in a rush after the Fukushima disaster in Japan.  Full story
The Yemeni air force bombed an al Qaeda-held southern city on Monday while residents in another city said soldiers had opened fire on a demonstration and run protesters over with bulldozers, killing at least 15.  Full story
Humanitarian agencies active in Pakistan's northwest have been quietly told to prepare for up to 365,000 displaced people in advance of a military offensive against North Waziristan, a senior official with an international humanitarian agency said Monday.  Full story
Gold held steady at an over three-week high and silver edged up in anemic trade on Monday, buoyed by expectations of further debt. . .  Full story
European shares closed lower on Monday and are on track to end the month down as concerns over the euro zone debt situation. . .  Full story
The euro slipped and world stocks were stuck on Monday with fears of a Greek debt default undimmed and U.S. and UK market. . .  Full story
Hong Kong shares held onto gains on Monday, helped by banking shares as sluggish mainland markets and holidays in the United States and. . .  Full story

The Nikkei average edged down in the lowest volume of the year on Monday with a stronger yen countering bargain hunting, and market. . .  Full story
Australian stocks retreated 0.4 percent on Monday, dragged down by sliding bank shares as investors remain nervous about weak growth across the economy.. . .  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 commodities. . .  Full story
Gold prices stayed near three-week highs late into Friday's session, as worries about Greece's debt crisis encouraged buying by investors looking for relative safety. . .  Full story
SA Business
South Africa's competition regulator will announce its decision on Wal-Mart's $2.4 billion offer for local retailer Massmart at 1200 GMT on. . .  Full story
The move by rich nations to back France's Christine Lagarde as the next IMF chief breaches a decision by the wider. . .  Full story
South Africa's rand and government bonds were steady in early Monday trade, with dealers expecting the currency to consolidate in the. . .  Full story
Tongaat Hulett, a producer of sugar and starch, on Monday reported a 4 percent drop in full-year profit, hit by a. . .  Full story

South Africa's power utility Eskom , which is struggling to keep the lights on, has been interrupting supplies to BHP Billiton's aluminium smelters to help manage its tight supplies.. . .  Full story
South African group Illovo Sugar posted a 34 percent drop in full-year earnings, hit by drought and exchange rates.. . .  Full story
Consumer goods firm Tiger Brands posted a rise in first-half earnings on Monday and said it would further increase its footprint outside South Africa after it finalised acquisitions in Nigeria and. . .  Full story
Company News
Further to the cautionary announcement dated 12 April 2011, shareholders are advised that negotiations are still in progress with Pride Milling Company (Pty) Ltd, which, if successfully concluded may have a material effect on the price of the company's securities. Accordingly,. . .  Full story
The board is satisfied that Eqstra is trading profitably and anticipates its headline earnings per share and earnings per share, for the year ended 30 June 2011, to be at least 60 cents per share, compared to the reported loss per. . .  Full story
Company Results
Revenue for the year ended 28 February 2011 increased to R1.070 billion (2010: R748.8 million). Earnings before interest, taxation, depreciation and. . .  Full story
Revenue increased by 1% to R10.5 billion (R10.3 billion). Operating income after abnormal items increased by 10% to R1.6 billion (R1.4. . .  Full story
Gross operating revenue decreased to R326.1 million (R390.7 million) and operating profit declined to R68.7 million (R117.3 million). Net attributable income. . .  Full story
Revenue declined to R9.7 billion (R11.1 billion). Operating profit decreased to R1.6 billion (R3.7 billion). Net attributable profit slumped to R833. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032389.915.500.02%
JSE Top 4017:0029127.06-14.15-0.05%
JSE Gold17:002636.3735.381.36%
JSE Financial17:0021843.59-5.33-0.02%
JSE Industrial17:0033107.01-37.62-0.11%
JSE Indust 2517:0027848.97-64.05-0.23%
JSE Resource17:0055715.1083.630.15%
DJ Futures17:5012438.0010.000.08%
DJ Ind27/0512441.5838.820.31%
SP 50027/051331.105.410.41%
FTSE 10027/055938.8757.880.98%
All Ords08:374746.10-14.20-0.30%
NZSE 5007:263542.9915.030.43%
NameTimeRPMove% Move
Gold/R kg20:0034245817440.51%
Brent Crude19:46114.78-.47-0.41%
Rand / Dollar19:586.92810.01200.17%
Rand / Pound19:5511.39680.02480.22%
Rand / Euro19:559.90710.00690.07%
Rand / NZD19:585.66440.00240.04%
Rand / AUD19:557.41850.00100.01%
Yen / Dollar19:5880.92000.09000.11%
Euro / Dollar19:580.70030.00140.20%
Dollar / Euro19:581.4279-0.0031-0.22%
Pound / Dollar19:550.60680.00040.07%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 AFEAGLE  1252019.05.%5000
2 UNIVERSAL  2403517.07.%51000
3 TRNSHEX  280155.66.%57832
4 GOLIATH  390205.41.%111288
5 AFRO-C  19094.97.%33003
6 ANOORAQ  570254.59.%33892
7 GBGOLD  1406564.15.%2020
8 AVENG  35561273.70.%835154
9 GRANPRADE  310103.33.%4276092
10 JUBILEE  350113.24.%8764
11 PBT  13043.17.%72710
12 EQSTRA  650203.17.%435560
13 WITSGOLD  48501493.17.%2500
14 PALCAP  26883.08.%446013
15 WBHO  109002702.54.%43837
16 VALUE  420102.44.%5300
17 PSG  48901112.32.%70056
18 AMA  18442.22.%329126
19 GROUP-5  2979642.20.%97916
20 GFIELDS  112502352.13.%759281

Click here for more Major Moves...
Major Moves Down
SharenameSaleMove% MoveVolume
1 ARB  321-26-7.49.%8500
2 O-LINE  105-5-4.55.%1674
3 AMECOR  160-6-3.61.%12920
4 KEATON   315-10-3.08.%110000
5 AFRIMAT  410-10-2.38.%58100
6 PARACON  176-4-2.22.%69830
7 CMH  1110-25-2.20.%19406
8 KAP  250-5-1.96.%12432
9 ELLIES   200-4-1.96.%37600
10 TRUSTCO  105-2-1.87.%5000
11 PETMIN  285-5-1.72.%32675
12 STEINHOFF  2440-41-1.65.%2128009
13 TRUWTHS  7173-111-1.52.%401728
14 HULAMIN  710-10-1.39.%534886
15 ILIAD  700-9-1.27.%439739
16 BASREAD  1274-16-1.24.%56798
17 OPTIMUM  2935-35-1.18.%8020
18 ILLOVO  2560-30-1.16.%320565
19 CLOVER  1090-10-0.91.%882936
20 URONE  2656-24-0.90.%91751

Click here for more Major Moves...

New Highs
SharenameSaleHighMove% MoveVolume
1 UNIVERSAL  2402403517.07.%51000
2 PSG  489050001112.32.%70056
3 CAPCO  20752075341.67.%15212
4 DATATEC  39494095461.18.%196197
5 VERIMARK  19219621.05.%213155
6 CML  19451950100.52.%339240

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

Click here for more Major Moves...

Index Summary
Index NameRPMove% Move
Top 4029,127.06-14.15-0.05%
Mid Cap41,973.52165.700.40%
Small Cap32,299.5486.950.27%
Resource 2055,715.1083.630.15%
Industrial 2527,848.97-64.05-0.23%
Financial 158,261.63-8.75-0.11%
Financial & Ind. 3031,101.18-70.94-0.23%
All Share32,389.915.500.02%
Oil & Gas 27,488.39-150.84-0.55%
Mining 36,641.98103.650.28%
Gold Mining2,636.3735.381.36%
Platinum Mining71.74.090.13%
Oil & Gas Producers 14,780.00-81.10-0.55%
Basic Materials 30,951.1786.470.28%
Chemicals 13,895.53110.620.80%
Forestry & Paper 14,909.9047.130.32%
Industrial Metals 28,967.8713.710.05%
Industrials 27,978.72103.250.37%
General Industrials 76,774.75-51.27-0.07%
Consumer Goods 27,757.29-55.08-0.20%
Automobiles & Parts 3,215.5343.021.36%
Household Goods155.07-3-1.65%
Health Care 32,845.59257.100.79%
Beverages 86.11-.45-0.52%
Food Producers 46,961.86-10.08-0.02%
Index NameRPMove% Move
Personal Goods 441.451.790.41%
Consumer Services 53,673.06-134.54-0.25%
General Retailers 40,987.06-189.26-0.46%
Travel & Leisure 3,687.27-2.96-0.08%
Media 86.89-.21-0.24%
Support Services 2,406.38-1.69-0.07%
Telecommunications 68,882.66-393.54-0.57%
Financials 21,843.59-5.33-0.02%
Banks 40,988.52-52.87-0.13%
Non-life Insurance 30,920.02-240.06-0.77%
Life Insurance 16,106.6128.810.18%
General Financial 2,314.793.150.14%
Technology 21,817.72185.540.86%
SHARIAH TOP40 3,232.0610.03%
FTSE/JSE SHARIAH ALL3,289.7920.07%
COAL MINING21,852.03-42-0.19%
FTSE JSE Fledgling 4,671.01450.98%
FTSE/JSE Alt X 1,020.09-13-1.21%
CAPPED PROPERTY 314.93-0.06%
RESOURCE 30,754.25540.18%
DIVIDEND PLUS169.1700.16%
FTSE/JSE RAFI 406,766.21-4-0.06%
Capped Top 4015,177.99-11-0.07%
Capped All Share16,300.0910.01%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
31 May 2011AFBRICKFebruary 2011 (Final)
31 May 2011BUILDMXFebruary 2011 (Final)
31 May 2011CHROMETCOFebruary 2011 (Final)
31 May 2011CROOKESMarch 2011 (Final)
31 May 2011PINPOINTFebruary 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
AF-OVR 6%PP11-05-2711-06-1711-06-27R 0.0600
WILDRNESS11-05-2711-06-0911-07-08R 0.0860
REX TRUE6%11-05-2711-06-1711-06-27R 0.0600
MRPRICE11-05-2611-06-1711-06-27R 1.7530
TFG11-05-2611-07-0111-07-11R 2.1200
Ex Div**
Share NameDec-DateLDTPay-DateAmount
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
LIFEHC11-05-1011-05-2711-06-06R 0.2000
ELBGROUP11-03-1611-05-2711-06-06R 0.1500

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
30/05/201117:45 Insimbi - Reviewed consolidated condensed financial results for the twelve
30/05/201117:37ABSP - Absa Bank Limited - New financial instrument listing
30/05/201117:36 Buildmax Limited - Audited consolidated financial results for the year
30/05/201116:59 Convergenet Holdings Limited - Director`s dealings in securities
30/05/201116:21 Trans Hex Group Limited - Trading statement
30/05/201116:17 Shoprite Holdings Limited - Dealing in securities by a non-executive
30/05/201116:06 Standard Bank Group Limited - Director`s dealings in securities
30/05/201116:00 Wits Gold - Reviewed condensed results for the year ended 28 February 2011
30/05/201115:36 Excellerate Holdings Limited - Cautionary announcement
30/05/201115:35 Labat Africa Limited - Trading statement for the year ended 28 February
30/05/201115:28 Capitec Bank Holdings Limited - Dealing in securities by a director
30/05/201115:24 Value Group Limited - Directors dealing in securities
30/05/201115:20 RBA Holdings Limited - Resignation of non-executive director
30/05/201114:54 AFGRI Limited - Renewal of cautionary announcement
30/05/201114:54 Update on the acquisition by Andulela of Pro Roof Steel Merchants
30/05/201114:50 Cashbuild Limited - Dealing in securities by directors
30/05/201114:50TONIDH - Investec Bank Limited - Declared final dividend announcement on Tongaat
30/05/201114:12 Platfields Limited - Audited condensed group results for the year ended
30/05/201114:07 WG Wearne Limited - Changes to the board
30/05/201113:45 Premium Properties Limited - Dealing in securities by directors
30/05/201113:04 Tawana Resources NL - Appointment of Director
30/05/201113:00 Sanyati Holdings Limited - Posting of integrated report, No Change
30/05/201112:38 Total Client Services Limited - Trading statement
30/05/201111:45 Vukile - Dealing in securities by a director
30/05/201111:36 Anglo American Platinum - Dealings in securities by directors
30/05/201111:20 Skinwell Holdings Limited - Audited Condensed Group Financial Results for
30/05/201111:18FFA - Fortress Income Fund Limited - Dealing in securities
30/05/201111:00 Mustek Limited - Further cautionary announcement
30/05/201110:32THEE - General - Notice Of Wal-Mart / Massmart decision date
30/05/201110:32TOY - Toyota Financial Services - New financial instrument listing
30/05/201110:23 Illovo Sugar Limited - Appointment of Financial Director
30/05/201110:00BIUNL - Unilever South Africa (Pty) Ltd - New Financial Instrument Listing
30/05/201109:55 Aveng Limited - Dealing in securities by a director of a major subsidiary
30/05/201109:51 UCS Group Limited - Proposed delisting of UCS, possible ancillary
30/05/201109:50 UCS Group Limited - Reviewed results for the six month period ended 31
30/05/201109:48 IFA Hotels & Resorts Limited - IFA change in year end to December
30/05/201109:44 Eqstra Holdings Limited - Trading statement
30/05/201109:30 Tiger Brands Limited - Investor Presentation
30/05/201108:46 Kairos Industrial Holdings Limited - Renewal of cautionary announcement
30/05/201108:39 Goliath Gold Mining Limited - Cautionary announcement
30/05/201108:38 BRC Diamondcore Ltd - BRC Diamondcore closes financing
30/05/201108:24 Firestone Energy Limited - Investor update
30/05/201108:00 Cadiz Holdings Limited - Reviewed preliminary results for the year ended
30/05/201107:10 British American Tobacco p.l.c. - Transaction in own shares
30/05/201107:05 BHP Billiton Plc - Transaction in shares
30/05/201107:05 Illovo Sugar Limited - Audited group results for the year ended 31
30/05/201107:05 Tongaat Hulett Limited - Audited Results for the year ended 31 March 2011
30/05/201107:05 Tiger Brands Limited - Group results and dividend declaration for the
30/05/201107:05 Protech Khuthele Holdings Limited - Audited provisional report for the

Click here for more SENS news