The Sharenet Daily 
Tuesday, 14 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)

Rand firms within well-worn range; stocks edge higher

JOHANNESBURG (Reuters) - South Africa's rand was firmer against the dollar on Tuesday but failed to take a clear direction, while government bonds ended weaker in holiday-affected trade.

Stocks edged higher for the second straight day on Tuesday, as a surge in resource companies such as Exxaro, was partially offset by a sharp decline in Internet and media firm Naspers.

The central bank released its financial statement that showed an after-tax loss of 1.2 billion rand in the 2010/11 financial year, from a 1.05 billion rand loss in the previous year.

The bank said sterilising the impact of reserves accumulation resulted in the second consecutive loss. Traders said while the annual report showed further losses, policy was the same and there were no clues on when rates would rise.

The rand was trading 0.4 percent firmer at 6.7556 the dollar by 1520 GMT, compared to Monday's New York close of 6.7826. It hit a high of 6.74 early in the session and failed to make further gains after that.

Higher commodity prices and a firmer euro/dollar kept the rand slightly firmer during the session, while the central bank's annual report prompted no reaction from the rand.

"Dollar/rand in a very tight range today as we expected, with no major impulse to push it out of the 6.7300-6.7800 corridor, this is what we saw for most of last week," said Christopher Shiells of Informa Global Markets.

Government bonds were slightly weaker with dealers saying an upcoming national holiday on Thursday is keeping trading volumes light.

The yield on the 2015 bond closed at 7.5 percent and that on the 2026 issue at 8.54 percent.

An earlier auction came out mixed, but better than last week, where the R186 was over three times subscribed and the R209 only 1.8 times subscribed.


On the bourse, miners and other resource-related firms jumped after data showed China's high-flying economy may avoid a hard landing, reassuring investors who have worried about the outlook for growth in the resource-hungry economy.

"The resources stocks are still leading the charge," said Mark Maseko, an equities trader at Thebe Securities, adding that copper and other commodity prices reacted positively to the Chinese data.

The Top-40 index of blue-chip stocks rose 0.2 percent to 27,897.92. The broader All-share index rose 0.2 percent to 31,229.36.

Shares of Exxaro, which mines for coal, zinc and mineral sands, surged 3.7 percent to 166.60 rand. China is the world's largest coal consumer and its net coal imports are expected to jump 63 percent this year.

Kumba Iron Ore rose 1.8 percent to 473.50 rand.

Naspers was the biggest percentage decliner among the Top-40, dropping 2.1 percent to 379 rand.

The Internet and media firm Naspers said it expects full-year earnings to rise by as much as 20 percent, disappointing investors who were betting on a bigger surge in growth.

A poll of 9 analysts by Thomson Reuters showed an average estimate for 35 percent profit growth on a fully diluted basis.

Tue, 14 Jun 2011
Top News
South Africa's central bank will continue to accumulate foreign reserves to tame the strength of the rand despite running up a financial loss over the last year, Governor Gill Marcus said on Tuesday.  Full story

South Africa's intervention in Wal-Mart's bid for control of Massmart was "aggressive" and could have been handled better, Massmart's chief executive told Business Report newspaper on Tuesday.  Full story
Syrian troops using tanks and helicopters pushed towards a northern town on Tuesday after arresting hundreds of people in villages near Jisr al-Shughour, residents said, as more refugees fled to Turkey.  Full story
A bomb killed a military officer loyal to Yemeni President Ali Abdullah Saleh, an official said on Tuesday, as Yemen's rich Gulf neighbours sought to avert civil war on their doorstep over the wounded leader's fate.  Full story
Chinese riot police brought a semblance of calm to the riot-torn southern Chinese city of Zengcheng on Tuesday, but the anger of migrant workers at being discriminated against by the authorities remained palpable in this key export hub.  Full story
Gold rose on Tuesday after a flurry of inflation data signalled a continued increase in price pressures, while this week's near-1 percent decline. . .  Full story
European shares rose sharply on Tuesday, as data suggested the Chinese economy may avoid a hard landing, helping to ease global growth concerns.. . .  Full story
Britain's top share index rose on Tuesday, with oil majors and banks gaining as above-forecast data from the United States and signs that. . .  Full story
U.S. stocks jumped more than 1 percent on Tuesday as investors were drawn by oversold conditions on a technical basis and retail sales. . .  Full story

Encouraging Chinese and U.S. economic data lifted stocks, oil and other growth-oriented markets on Tuesday, while Greece managed to raise cash in a debt. . .  Full story
Gold rallied on Tuesday as the jewellery sector came looking for bargains, the dollar slipped and investors fretted about the Greek debt crisis.. . .  Full story
Hong Kong shares gave up earlier gains to end slightly lower on Tuesday as market players pared long positions after China announced a. . .  Full story
Australian stocks rebounded from a three-month low to finish up 0.5 percent on Tuesday after strong Chinese industrial production data outweighed fears about slightly. . .  Full story
SA Business
The Johannesburg Stock Exchange on Tuesday said it has launched exotic currency options contracts to give investors greater flexibility in their currency bets.. . .  Full story
South Africa's rand edged firmer against the dollar on Tuesday, in line with gains in other commodity-linked currencies which were supported by favourable industrial data out of China.. . .  Full story

Kenya's Devki Group plans to start producing clinker from locally mined limestone in the next six months and mine copper in. . .  Full story
South Africa exported 35,865 tonnes of white maize last week compared with 35,881 tonnes in the previous week, the South African. . .  Full story
South Africa's Treasury sold 600 million rand worth of the 2026 government bond and 1.5 billion rand of the 2036 note. . .  Full story
Commodities trader Glencore saw operating profit jump 45 percent in the first quarter as market volatility boosted its marketing arm and. . .  Full story

Commodities trader Glencore International will report its first quarterly results on Tuesday, with investors hoping market volatility boosted trading profit and helped offset the impact of bad weather on output.. . .  Full story
Company News
Shareholders of Afdawn ("Afdawn shareholders") are advised that the company entered into a settlement agreement with The National Housing Finance Corporation Limited ("NHFC")on 30 May 2011 in respect of outstanding loans. . .  Full story
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative. . .  Full story
On 13 June 2011, a wholly-owned subsidiary of AMAPS, Tedelex Trading (Pty) Ltd ("Tedelex" or "the purchaser") entered into a sale of business agreement ("the sale agreement") with Sammeg Satellite (Pty). . .  Full story
Company Results
Revenue increased from R840.5 million to R886.6 million in 2011.Gross profit grew to R546.4 million (2010:R502.9 million) and operating profit rose. . .  Full story
Total revenue dropped to R34 billion (R36.5 billion) and results from operating activities decreased to R4.1 billion (R19.8 billion). Net profit. . .  Full story
Revenue for the three month period ending 31 December increased to R86.2 million (2009: R62.9 million). Gross profit rose to R13.3. . .  Full story
Investment income grew to R311 million (2010: R206 million). Loss attributable to preference shareholders narrowed to R8 million(2010:Loss attributable to preference. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0031229.3652.780.17%
JSE Top 4017:0027897.9257.540.21%
JSE Gold17:002390.961.660.07%
JSE Financial17:0021195.89-76.51-0.36%
JSE Industrial17:0032343.73-107.17-0.33%
JSE Indust 2517:0027106.75-103.43-0.38%
JSE Resource17:0052803.79543.241.04%
DJ Futures20:0012045.00150.001.26%
DJ Ind19:4112100.97148.001.24%
SP 50018:501289.3817.551.38%
FTSE 10017:355803.1329.670.51%
All Ords08:384651.1016.200.35%
NZSE 5007:263488.8512.170.35%
NameTimeRPMove% Move
Gold/R kg20:00330619-2172-0.65%
Brent Crude19:56119.502.342.00%
Rand / Dollar19:586.7500-0.0321-0.47%
Rand / Pound19:5511.0323-0.0422-0.38%
Rand / Euro19:559.7741-0.0040-0.04%
Rand / NZD19:575.5302-0.0080-0.14%
Rand / AUD19:557.22680.02730.38%
Yen / Dollar19:5880.51000.30000.37%
Euro / Dollar19:550.6902-0.0032-0.46%
Dollar / Euro19:571.44810.00650.45%
Pound / Dollar19:550.6097-0.0007-0.11%

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The JSE Today
Trading Statistics

Major Moves Up
SharenameSaleMove% MoveVolume
1 TELEMASTR  1202020.00.%28000
2 CBH  5007016.28.%88530
3 URONE  19961266.74.%191699
4 CARGO  950495.44.%23474
5 METAIR  1500725.04.%721414
6 PALCAP  270103.85.%38342
7 EXXARO  166605903.67.%1761003
8 LITHA  25083.31.%230519
9 COAL  900283.21.%129857
10 PETMIN  29493.16.%146750
11 GOLDREEF  1650503.13.%269860
12 ALTRON  2800802.94.%60097
13 SANTAM  129703412.70.%38442
14 INVPROP  1050252.44.%33648
15 AMA  17842.30.%360310
16 ILIAD  705152.17.%299817
17 RMIH  1246252.05.%610322
18 BILLITON  257494991.98.%5972902
19 NETCARE  1484281.92.%1666856
20 AVUSA  2445451.88.%381263

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Major Moves Down
SharenameSaleMove% MoveVolume
1 TRENCOR  3321-222-6.27.%70509
2 CROOKES  4100-266-6.09.%6347
3 GBGOLD  1220-60-4.69.%3659
4 LONFIN  210-10-4.55.%1200
5 VALUE  379-16-4.05.%25000
6 KELLY  385-15-3.75.%42914
7 EHSV  5400-200-3.57.%228413
8 EQSTRA  655-21-3.11.%443986
9 PUTPROP  500-15-2.91.%400
10 HULAMIN  715-19-2.59.%192708
11 ONELOGIX  115-3-2.54.%32773
12 DAWN  630-15-2.33.%24300
13 PBT  127-3-2.31.%96004
14 PARACON  175-4-2.23.%43600
15 SENTULA  267-6-2.20.%229232
16 NASPERSN  37900-793-2.05.%2654780
17 PSG  4792-98-2.00.%36851
18 OANDO  250-5-1.96.%12725
19 DRDGOLD  320-6-1.84.%1135175
20 TELKOM  3616-64-1.74.%3117262

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New Highs
SharenameSaleHighMove% MoveVolume
1 CBH  5005007016.28.%88530
2 METAIR  15001550725.04.%721414
3 NEPI  35003652501.45.%18528
4 ELBGROUP  20002005201.01.%123408

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New Lows
SharenameSaleLowMove% MoveVolume

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Index Summary
Index NameRPMove% Move
Top 4027,897.9257.540.21%
Mid Cap41,964.02-15.99-0.04%
Small Cap32,134.1014.700.05%
Resource 2052,803.79543.241.04%
Industrial 2527,106.75-103.43-0.38%
Financial 157,952.33-34.12-0.43%
Financial & Ind. 3030,086.86-133.79-0.44%
All Share31,229.3652.780.17%
Oil & Gas 26,610.59340.251.30%
Mining 34,612.86304.960.89%
Gold Mining2,390.961.660.07%
Platinum Mining69.64-.51-0.73%
Oil & Gas Producers 14,308.02222.791.58%
Basic Materials 29,390.53250.450.86%
Chemicals 13,726.04-10.17-0.07%
Forestry & Paper 14,788.4364.410.44%
Industrial Metals 29,343.39239.050.82%
Industrials 27,610.20-110.55-0.40%
General Industrials 74,771.60-631.22-0.84%
Consumer Goods 26,720.56-93.14-0.35%
Automobiles & Parts 3,396.69163.045.04%
Household Goods149.35-1-0.88%
Health Care 33,492.76117.470.35%
Beverages 82.73-.48-0.58%
Food Producers 47,646.4638.810.08%
Index NameRPMove% Move
Personal Goods 418.58-.50-0.12%
Consumer Services 52,232.79-372.23-0.71%
General Retailers 40,521.21222.070.55%
Travel & Leisure 3,685.21-4.67-0.13%
Media 83.63-1.65-1.93%
Support Services 2,407.3911.980.50%
Telecommunications 67,483.36-263.59-0.39%
Financials 21,195.89-76.51-0.36%
Banks 39,164.50-237.20-0.60%
Non-life Insurance 31,451.07826.892.70%
Life Insurance 15,597.34-41.18-0.26%
General Financial 2,240.62.990.04%
Technology 21,655.1722.060.10%
SHARIAH TOP40 3,087.19220.72%
FTSE/JSE SHARIAH ALL3,154.96200.63%
COAL MINING22,351.036883.18%
FTSE JSE Fledgling 4,564.0770.16%
FTSE/JSE Alt X 1,027.66161.56%
CAPPED PROPERTY 316.99-0.42%
RESOURCE 29,144.742830.98%
DIVIDEND PLUS167.7400.13%
FTSE/JSE RAFI 406,507.2120.03%
Capped Top 4014,559.8280.06%
Capped All Share15,734.09140.09%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
15 Jun 2011SENTULAMarch 2011 (Final)
17 Jun 2011AFPREFINVMarch 2011 (Final)
17 Jun 2011BRC DIAMMarch 2011 (Q)
17 Jun 2011CAPRICORNFebruary 2011 (Final)
17 Jun 2011INVPROPMarch 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
TELKOM11-06-1311-07-0111-07-11R 1.4500
MIXTEL11-06-1311-07-2211-08-01R 0.0600
ACUCAP11-06-0911-06-2411-07-04R 1.3888
SYCOM11-06-0911-06-2411-07-04R 0.7949
CLOVERPREF11-06-0211-06-1711-06-27R 0.0586
Ex Div**
Share NameDec-DateLDTPay-DateAmount
INVESTEC-P11-05-1911-06-0911-06-30R 3.4161
INVLTDPREF11-05-1911-06-0911-06-30R 3.1884
ABIL PREF11-05-2311-06-0911-06-20R 3.1000
ASTRAL11-05-1611-06-0911-06-20R 3.0500
ABIL11-05-2311-06-0911-06-20R 0.8500

Upcoming AGMs**
CodeCompany NameDateStatus
PLDPaladin Capital Ltd15/06/2011Confirmed
GDFGold Reef Resorts Ltd15/06/2011Confirmed
ZEDZeder Investments Ltd15/06/2011Confirmed
ZEDPZeder Investments Ltd15/06/2011Confirmed
MTXNMetorex Ltd15/06/2011Confirmed

Stock Exchange News Service
14/06/201117:30 Miranda Mineral Holdings Limited - appointment of an interim financial
14/06/201116:46 African Dawn Capital Limited - Partially underwritten rights offer to
14/06/201116:46PR2C1F - Private Residential Mortgages (Pty) Ltd - Series 2 - New Financial
14/06/201116:45PR2D1F - Private Residential Mortgages (Pty) Ltd - Series 2 - New Financial
14/06/201116:44PR2B1F - Private Residential Mortgages (Pty) Ltd - Series 2 - New financial
14/06/201116:43PR2A1F - Private Residential Mortgages (Pty) Ltd - Series 2 - New Financial
14/06/201116:42PR2A6C - Private Residential Mortgages (Pty) Ltd - Series 2 - Full Capital
14/06/201116:41PR2A5C - Private Residential Mortgages (Pty) Ltd - Series 2 - Full Capital
14/06/201116:40PR2A2C - Private Residential Mortgages (Pty) Ltd - Series 2 - Full Capital
14/06/201116:31 Famous Brands Limited - Dealings in Securities
14/06/201116:30 Woolworths Holdings Limited - Dealing in securities by a director
14/06/201116:15 Net 1 UEPS Technologies, Inc. - Net1: SASSA revises bid submission
14/06/201116:00 Naspers Limited - Trading statement
14/06/201115:26 Digicore Holdings Limited - Voluntary announcement: Digicore
14/06/201115:25 Metair Investments Limited - Trading statement
14/06/201115:17 William Tell Holdings Limited - Dealing in securities by an associate of a
14/06/201115:06 Tongaat Hulett - Granting of rights to participate in share incentive
14/06/201114:15 Clover board approves additional R277 million capital expenditure
14/06/201113:50 Imuniti Holdings Limited - Major supply agreement
14/06/201113:47DV23 - Development Bank of Southern Africa Limited - New Financial Instrument
14/06/201113:23 Telemasters Holdings Limited and Its Subsidiary - Errata: Unaudited
14/06/201113:19SFN/SFNP - Sasfin Holdings Limited - Quarterly report in terms of regulation 43
14/06/201113:03Alexander Forbes Equity Holdings (Proprietary) Limited - Audited results for the
14/06/201113:01 Alexander Forbes - Audited results for the year ended 31 March 2011
14/06/201112:39 Exxaro Resources Limited - Trading of Exxaro ordinary shares on behalf of
14/06/201112:37FR1 - FirstRand Bank Limited - Full Capital Redemption
14/06/201112:32 Marshall Monteagle PLC - Trading Statement
14/06/201112:13BAWI - Barloworld Limited - New Financial Instrument Listing - Amendment to
14/06/201112:09 Acquisition by AMAP of the businesses of SAMMEG, SAMSAT (CAPE) and SAMSAT
14/06/201110:29SCIB The Standard Bank of South Africa Limited - Issue of stock warrants
14/06/201110:18 IQuad Group Limited - Dealing in securities
14/06/201110:00SOL / SOLBE1 - Sasol Limited - Update from the chief financial officer
14/06/201109:58 Village Main Reef Limited - Resolution of the Shareholders of Village
14/06/201109:23 PBT Group Limited - Cautionary Announcement
14/06/201108:30 Zeder Investments Limited - Firm intention announcement of a general
14/06/201108:00 Firestone Energy Limited - Share Purchase Plan
14/06/201107:10 British American Tobacco p.l.c. - Transaction in own shares
14/06/201107:05 BHP Billiton Plc - Transaction in shares
14/06/201107:05 Gold One International Limited - Appendix 3B new issue announcement,

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