The Sharenet Daily 
Wednesday, 01 June 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)

Offshore demand boosts bonds; rand hits new 3-week high

By Phumza Macanda and Tiisetso Motsoeneng

JOHANNESBURG (Reuters) - South African bonds firmed on Wednesday and the rand hit fresh three-week highs to the dollar as foreigners bought local debt.

Yields fell to multi-month lows across the curve after Purchasing Managers' Index data showed the manufacturing sector was enduring a bumpy recovery from a 2009 recession.

Buyers came in after bonds weakened in the previous session following strong economic growth numbers.

"I think the fund buying caught a lot of traders short, so there was a lot of short-covering today," said a bond dealer.

The 2026 yield hit near five-month lows at 8.355 percent before coming back to 8.39 percent. The yield on the 2015 issue fell 10.5 basis points to 7.435 percent.

Stocks ended lower, in line with global equities, with Capital Shopping Centres topping the losers' list as a deadline passed for investors to receive its latest dividend payout.

The rand extended the previous session's gains, which were prompted by stronger first quarter GDP data. It was trading at 6.7780 to the dollar at 1546 GMT, 0.55 percent firmer than Tuesday's New York close of 6.7720.

"There's still positive sentiment from yesterday and the rand is looking quite strong even on the crosses," said a local dealer. "There should be a bit of a struggle in the 6.77 area and I'd say the euro would have to break higher for the rand to firm further."

IFR Markets, a Thomson Reuters news and market analysis service, said the rand could target the May 5 low of 6.6450.

The rand also hit a three-week high of 9.6905 against the euro but was later trading at 9.79.

On the bourse, the JSE Top-40 index of blue chip shares fell 0.82 percent to 29,033.83 and the broader All-share index lost 0.75 percent to 32,322.10.

"For most of the day the whole market was flat. The ADP (U.S.) employment figures were more negative than expected .... All the international markets were down," said Hembas Rademeyer, equities trader at Thebe Securities.

Mall owner Capital Shopping Centres led losses, falling 2.43 percent to 44.63 rand, on the ex-dividend effect.

Elsewhere, Santam lost 1.19 percent to trade at 124.50 rand after the insurer said interest rate returns were lower in the first half.

On the flipside, Massmart climbed 1.02 percent to 144.01 rand, extending the previous session's gains after the antitrust body gave the nod to its deal with Wal-Mart.

Wed, 01 Jun 2011
Top News
South Africa is looking at revised safety regulations to help tackle rising mine deaths in the world's top platinum and a major gold producer, Mineral Resources Minister Susan Shabangu said on Wednesday.  Full story

Maize deliveries to South African silos rose to 334,000 tonnes in the week to May 27, up from a revised 136,000 tonnes in the week before, data showed on Wednesday.  Full story
U.N. atomic safety experts said Japan underestimated the threat from a killer wave to its crippled Fukushima power plant and urged sweeping changes to prevent a repeat of the crisis that triggered the world's worst nuclear disaster since Chernobyl.  Full story
Former Bosnian Serb military commander Ratko Mladic used his power to commit atrocities that tore a nation apart and destroyed communities, and must be held to account, a U.N. war crimes prosecutor said Wednesday.  Full story
Germany's disease control centre reported 365 new E. coli cases on Wednesday as the government scrambled to trace the source of the deadly outbreak.  Full story
Investors fled U.S. stock markets on Wednesday and poured into Treasuries after dismal economic data, driving benchmark yields to below 3.0 percent for the. . .  Full story
European shares ended sharply lower on Wednesday as risk appetite waned after data showed a slowdown in U.S. manufacturing activity in May and. . .  Full story
Gold rebounded from early losses on Wednesday to a one-month high on safe-haven buying after U.S. manufacturing data for May came in well. . .  Full story
Britain's top share index dropped back on Wednesday as below-par U.S. economic pointers and weak UK manufacturing and housing data intensified investor concerns about. . .  Full story

U.S. stocks fell on Wednesday as another round of weak economic data cast doubts on the strength of an economic recovery.. . .  Full story
European shares slipped on Wednesday ahead of employment figures and factory data that might give clues about the health of the U.S. economy.. . .  Full story
Hong Kong shares slipped on Wednesday, getting off to a weak start in June as investors took a more defensive stance, although a. . .  Full story
The euro traded at a four-week high versus the dollar on Wednesday, buoyed by hopes for a fresh bailout package for debt-laden Greece,. . .  Full story
SA Business
South Africa's Purchasing Managers' Index (PMI) fell slightly to 55.1 in May from 56.4 in April, sponsor Kagiso said on Wednesday.. . .  Full story
South Africa faces a 1.5 trillion rand infastructure backlog, and will approach miners and other companies for funding, the public enterprises minister said on Wednesday.. . .  Full story
South Africa's rand extended recent gains to a three-week high against the dollar on Wednesday as investors savoured the approval of Wal-Mart's $2.4 billion take-over of local retailer Massmart.. . .  Full story

Rich OECD countries and South Africa are setting up a training centre for African treasury officials to improve debt management on. . .  Full story
South Africa's labour union Solidarity said on Wednesday it had declared a wage dispute in the country's petroleum sector after negotiations. . .  Full story
South Africa's President Jacob Zuma will face pressure from his ruling ANC party after it slightly stumbled in municipal races and from union. . .  Full story
South Africa's National Roads Agency raised 300 million rand in its third bond auction of the year on Wednesday to help. . .  Full story

Ghana joined the club of oil-producing nations in December and is getting used to its new status as a low-middle-income country coveted by. . .  Full story
South African government bonds firmed on Wednesday, taking yields on the longer-dated bonds to multi-month lows due to hefty offshore demand.. . .  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
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
Company News
Shareholders were advised that all of the resolutions proposed in the notice to members incorporated in the notice to members, dated. . .  Full story
The following documents have been approved by the UK Listing Authority and are available for viewing: Prospectus dated 1 June 2011. . .  Full story
Overall underwriting conditions remain very satisfactory following the good margins and excellent results reported in 2010. The crop business achieved positive. . .  Full story
The CEO of Ciplamed, Mr Jerome Smith, announced the following developments at Cipla Medpro: IMS Based on IMS data, Cipla Medpro. . .  Full story

Ceramic shareholders ("shareholders") are referred to the announcement published by Ceramic on SENS and in the press on 17 May 2011 and 18 May 2011 respectively, regarding the declaration of a. . .  Full story
Optimum Coal announced the appointment of Riaan du Plooy as its new chief operating officer with effect from 1 July 2011.. . .  Full story
Aquarius announced that: *Its wholly-owned subsidiary Aquarius Platinum (SA) (Pty) Ltd ("AQPSA") has completed an initial assessment of the costs and benefits of the expansion potential at the Everest. . .  Full story
Company Results
Revenue for the year ended 28 February 2011 increased to R27.7 million (2010: R25.6 million). Gross profit decreased to R20.5 million. . .  Full story
Revenue decreased to R298.3 million (R305.9 million), while operating profit declined to R25.8 million (R36.4 million). Net attributable profit increased to. . .  Full story
Revenue increased to CAD42.5 million (CAD29.8 million). The net attributable loss for the year narrowed to CAD5.1million (loss of CAD7 million).. . .  Full story
Revenue for the year ended 28 February 2011 fell to R384.5 million (2010: R534.9 million). Gross profit decreased to R119.6 million. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032322.10-243.63-0.75%
JSE Top 4017:0029033.83-240.23-0.82%
JSE Gold17:002617.64-13.79-0.52%
JSE Financial17:0021846.44-188.32-0.85%
JSE Industrial17:0033344.42-114.68-0.34%
JSE Indust 2517:0028086.91-88.36-0.31%
JSE Resource17:0054952.69-646.95-1.16%
DJ Futures19:5612340.00-221.00-1.76%
DJ Ind19:4512353.71-216.08-1.72%
SP 50019:101326.29-18.91-1.41%
FTSE 10017:355928.61-61.38-1.02%
All Ords08:374788.60-.30-0.01%
NZSE 5007:263551.543.900.11%
NameTimeRPMove% Move
Gold/R kg20:003373709170.27%
Brent Crude19:56113.82-2.60-2.23%
Rand / Dollar19:596.7966-0.0083-0.12%
Rand / Pound19:5511.0963-0.0793-0.71%
Rand / Euro19:559.7868-0.0171-0.17%
Rand / NZD19:595.5820-0.0201-0.36%
Rand / AUD19:557.2635-0.0020-0.03%
Yen / Dollar19:5580.8900-0.5800-0.71%
Euro / Dollar19:590.69450.69450.00%
Dollar / Euro19:591.43980.00040.03%
Pound / Dollar19:550.61080.00320.53%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 NICTUS  140107.69.%20000
2 PLATMIN  540356.93.%640
3 CROOKES  39992496.64.%5000
4 AVUSA  24251426.22.%113345
5 GRANPRADE  315155.00.%139
6 KELLY  400194.99.%150
7 PHUMELELA  1209494.22.%19150
8 ALTRON  2750903.38.%6449
9 VILLAGE  18663.33.%7300
10 TIGBRANDS  194905142.71.%1024125
11 AFRO-C  19552.63.%26000
12 PALCAP  28072.56.%823281
13 ANOORAQ  570142.52.%34702
14 PETMIN  29172.46.%11608
15 CBH  445102.30.%2289299
16 OANDO  25552.00.%203693
17 PINNACLE  795151.92.%536667
18 BLUETEL  55991.64.%102991
19 GROUP-5  3048481.60.%33984
20 STEINHOFF  2459351.44.%3268252

Click here for more Major Moves...
Major Moves Down
SharenameSaleMove% MoveVolume
1 LONAFRIC  160-50-23.81.%239
2 RANGOLD  245-35-12.50.%1121
3 HUGE  105-15-12.50.%159900
4 TRNSHEX  305-25-7.58.%36944
5 TRADEH  600-49-7.55.%31141
6 PBT  127-8-5.93.%8300
7 BELL  1450-75-4.92.%4927
8 ARB  330-15-4.35.%4581
9 SENTULA  275-12-4.18.%645595
10 FAMBRANDS  4256-179-4.04.%45009
11 ZEDER  240-10-4.00.%1201544
12 CLIENTELE  950-35-3.55.%81
13 HULAMIN  715-25-3.38.%212626
14 ITLTILE  436-14-3.11.%1445
15 DATATEC  3895-125-3.11.%689252
16 DRDGOLD  358-11-2.98.%205133
17 JUBILEE  330-10-2.94.%62954
18 GBGOLD  1360-40-2.86.%2500
19 URONE  2455-72-2.85.%47865
20 RBPLAT  6802-198-2.83.%29248

Click here for more Major Moves...

New Highs
SharenameSaleHighMove% MoveVolume
1 NICTUS  140140107.69.%20000
2 CML  19801984150.76.%822242
3 NEPI  34253601250.74.%119876
4 OMNIA  79458485450.57.%26411

Click here for more Major Moves...
New Lows
SharenameSaleLowMove% MoveVolume
1 RANGOLD  245245-35-12.50.%1121
2 BAUBA  2001500.12281

Click here for more Major Moves...

Index Summary
Index NameRPMove% Move
Top 4029,033.83-240.23-0.82%
Mid Cap42,190.82-142.95-0.34%
Small Cap32,198.28-140.26-0.43%
Resource 2054,952.69-646.95-1.16%
Industrial 2528,086.91-88.36-0.31%
Financial 158,250.07-86.77-1.04%
Financial & Ind. 3031,269.04-175.14-0.56%
All Share32,322.10-243.63-0.75%
Oil & Gas 27,312.28-133.89-0.49%
Mining 36,131.38-448.56-1.23%
Gold Mining2,617.64-13.79-0.52%
Platinum Mining72.46-.15-0.21%
Oil & Gas Producers 14,685.31-71.99-0.49%
Basic Materials 30,561.98-367.97-1.19%
Chemicals 13,912.28-96.37-0.69%
Forestry & Paper 14,923.53-120.11-0.80%
Industrial Metals 29,043.75-247.38-0.84%
Industrials 28,134.27-71.06-0.25%
General Industrials 77,271.48-334.30-0.43%
Consumer Goods 27,833.08-100.57-0.36%
Automobiles & Parts 3,204.21-56.61-1.74%
Household Goods156.2721.44%
Health Care 33,292.38152.090.46%
Beverages 85.61-.87-1.01%
Food Producers 48,084.04432.300.91%
Index NameRPMove% Move
Personal Goods 444.45-.80-0.18%
Consumer Services 54,232.85-206.36-0.38%
General Retailers 41,379.563.030.01%
Travel & Leisure 3,649.64-64.24-1.73%
Media 88.23-.60-0.68%
Support Services 2,371.51-16.41-0.69%
Telecommunications 69,885.64-196.93-0.28%
Financials 21,846.44-188.32-0.85%
Banks 40,964.66-433.96-1.05%
Non-life Insurance 30,190.12-363.74-1.19%
Life Insurance 16,032.51-183.93-1.13%
General Financial 2,326.82-14.50-0.62%
Technology 21,628.87-352.41-1.60%
SHARIAH TOP40 3,209.19-29-0.91%
FTSE/JSE SHARIAH ALL3,269.13-29-0.89%
COAL MINING21,494.17-388-1.77%
FTSE JSE Fledgling 4,636.18140.31%
FTSE/JSE Alt X 1,064.01343.28%
CAPPED PROPERTY 316.71-0.05%
RESOURCE 30,355.74-347-1.13%
DIVIDEND PLUS170.31-0-0.11%
FTSE/JSE RAFI 406,752.94-55-0.81%
Capped Top 4015,162.41-112-0.73%
Capped All Share16,284.95-115-0.70%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
02 Jun 2011PERGRINMarch 2011 (Final)
02 Jun 2011TRNSHEXMarch 2011 (Final)
03 Jun 2011BJMMarch 2011 (Final)
03 Jun 2011BRAITMarch 2011 (Final)
03 Jun 2011BRC DIAMMarch 2011 (Q)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
CROOKES11-05-3111-07-0111-07-11R 0.6500
TONGAAT11-05-3011-07-0811-07-21R 1.4000
ILLOVO11-05-3011-07-0111-07-11R 0.3400
CADIZ11-05-3011-07-0811-07-18R 0.2000
TIGBRANDS11-05-3011-06-2411-07-04R 2.8100
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
MTLMercantile Bank Holdings Ltd01/06/2011Confirmed
SNTSantam Ltd01/06/2011Confirmed
MTLPMercantile Bank Holdings Ltd01/06/2011Confirmed
HWNHowden Africa Holdings Ltd02/06/2011Confirmed
UNIUniversal Industries Corporation Ltd02/06/2011Confirmed

Stock Exchange News Service
01/06/201117:41 Santam Limited - Results of Annual General Meeting
01/06/201117:24 Erbacon Investment Holdings Limited - Dealing in securities by directors
01/06/201117:24 Old Mutual Plc - Euro Note Programme - Publication of Prospectus and Final
01/06/201117:23IVU - iVuzi Investments Limited - New Financial Instrument and Tap Issue Listing
01/06/201117:22 Famous Brands Limited - Acceptance of share options by Famous Brands
01/06/201117:03 JSE Limited - Grant and acceptance of shares (ALLOCATION 2) under Long
01/06/201117:00 African Brick Centre Limited - Changes to the Board
01/06/201116:59 Famous Brands Limited - Dealings in Securities
01/06/201116:38 Woolworths Holdings Limited - Dealing in securities by a director
01/06/201116:37 Peregrine Holdings - Reviewed results for the year ended 31 march 2011
01/06/201116:20 Distell Group Limited - Dealings in securities by a director
01/06/201116:00 Anglo American plc - Total voting rights
01/06/201116:00 The Foschini Group Ltd - Director Dealing in Securities: Acceptance of
01/06/201115:45 Santam Limited - Annual General Meeting - Operational update to
01/06/201115:09CLN182 - The Standard Bank of South Africa Limited - New Financial Instrument
01/06/201114:58STDB - The Standard Bank of South Africa Limited - New financial instrument
01/06/201114:56 Alert Steel Holdings Limited - Appointment of non executive director
01/06/201114:46 Dialogue Group Holdings Limited - Disclosure of acquisition of securities
01/06/201114:31 Labat - Reviewed results for the year ended 28 February 2011 and
01/06/201114:20 Convergenet Holdings Limited - Director`s dealings in securities
01/06/201114:11 Mercantile Bank Holdings Limited - Results of annual general meeting
01/06/201114:00 Cipla Medpro South Africa - Results of RT12-2011 tender and IMS update
01/06/201113:55 Allied Technologies Limited - Notice of share dealings
01/06/201113:54 Lonmin Plc - Total Voting Rights and Capital as at 31 May 2011
01/06/201113:50 Lonrho Plc - Notification of major interest in shares
01/06/201113:49 Gold Fields Limited - Dealing in securities
01/06/201113:46 Huge Group Limited - Publication of results for the year ended
01/06/201113:00 African Eagle Resources plc - Shareholding update - Secure Nominees
01/06/201112:52 Bonatla Property Holdings - Dealing in unlisted preference shares by an
01/06/201112:15 British American Tobacco p.l.c. - Voting Rights and Capital
01/06/201112:02ABSP - Absa Bank Limited - New financial instrument listing
01/06/201111:59Exxaro Resources Limited - Trading of Exxaro ordinary shares on behalf of
01/06/201111:58 Labat Africa Limited - Trading statement for the year ended 28 February
01/06/201111:57GRA284 - Grayston Conduit 1 (Proprietary) Limited - New Financial Instrument
01/06/201111:50MND/MNP - Mondi - Dealings by directors
01/06/201111:34 Ceramic Industries Limited - Posting of circular and notice of General
01/06/201111:19NAI/NAN - New Africa Investments Limited - Change in directorate
01/06/201111:14 Spanjaard Limited - Dealings in securities by a director
01/06/201110:43GEN - General - WEA - Emphasis of matter
01/06/201110:25 Clicks Group Limited - Results of the general meeting
01/06/201110:21 Spanjaard Limited - Dealings in securities by a director
01/06/201110:10 Huge Group Limited - Changes to the board of directors
01/06/201109:53 Optimum Coal Holdings Limited - Appointment of Riaan Du Plooy as chief
01/06/201109:20 BHP Billiton Plc - Total Voting Rights and Capital
01/06/201109:07 Lonrho Plc - Notification of major interest in shares
01/06/201109:01PTXSPY - PROPTRAX SAPY - Distribution announcement - Salient dates
01/06/201109:00PTXTEN - Proptrax Ten - Distribution announcement - Salient dates
01/06/201108:17 m Cubed Holdings Limited - Abridged report for the year ended 28
01/06/201108:00 Eqstra Holdings Limited - Directors` dealings
01/06/201108:00 Invicta - Audited group results for the year ended 31 March 2011 and
01/06/201108:00 Aquarius Platinum Limited - Update on South African Assets
01/06/201107:31 Massmart Holdings Limited - Competition Tribunal ruling and finalisation
01/06/201107:19 Blue Financial Services Limited - Audited abridged consolidated financial
01/06/201107:10 British American Tobacco p.l.c - Transaction in own shares
01/06/201107:06 BHP Billiton Plc - BHP Billiton successful in High Court on Australian
01/06/201107:05 BHP Billiton Plc - Transaction in shares

Click here for more SENS news