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 The Sharenet Daily 
Tuesday, 21 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 support@sharenet.co.za
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's rand hits near 2-week high; stocks up

By Phumza Macanda and Mmathabo Tladi

JOHANNESBURG (Reuters) - South Africa's rand firmed against the dollar on Tuesday and local stocks climbed in line with improved sentiment in global markets on hopes that Greece could avoid a debt default.

Data showing that domestic spending growth quickened and demand for imports also contributed to a wider current account deficit was also supportive of local markets as it suggested that the local recovery was gaining momentum.

Investors were confident that the Greek government would survive a confidence vote later on Tuesday, which would help pave the way for further spending cuts and more loans to the country.

The mood was upbeat, with the JSE's benchmark Top40 index gaining 1.2 percent to 27,653.44 and the All Share-index rising 1.1 percent to 30,971.88 points.

Government bonds extended gains as foreigners were back in the market purchasing local debt. Yields fell across the curve, retreating further from multi-week highs seen last week.

The rand hit 6.72 to the dollar, its strongest since June 6. It was trading at 6.7250 by 1534 GMT, 1 percent firmer than Monday's New York close of 6.7940.

"The Greek confidence vote is expected to go well tonight and as such we have seen the euro rally and risk trades have come back on," said Brigid Taylor, chief dealer at Nedbank.

"Investors, both local and offshore buyers of bonds, were supporting the local unit."

The rand has strong resistance at 6.6750, last hit on June 6, and would have to break that level to go to the lower 6.60s.

But such a move will be tough in the next few sessions as sentiment, though favourable, remains fragile ahead of a U.S. Federal Reserve policy meeting.

In the fixed income market, the yield on the 2015 bond fell 5 basis points to 7.47 percent and the yield on the 2026 paper dropped 6.5 basis points to 8.55 percent.

A weekly auction also attracted solid demand.

"Foreigners are back in the market it's a yield story again and we do not think they are necessary going to stop buying," said Ian Scott, dealer at Stanlib.

Local stocks gained across the board, benefiting from rising risk appetite globally, with index heavyweight Anglo American rising 3 percent to 318.00 rand.

Lonmin was up 2.5 percent to 156.25 rand, while Kumba Iron Ore added 2.4 percent to 471.18 rand.

"There was a lot of positivity today with an outlook that the Greek situation may be sorted out ... I think the market is anticipating something positive out of that," said Michele Santagelo, portfolio manager at Newstrading.

"There were rebounds in the European markets and it looks like we will have a follow-through of two positive days from the U.S. markets that opened positively."

Bucking the trend was brewer SABMiller, the biggest loser on the blue-chip index, shedding 3.4 percent to 231.49 rand after Australia's largest brewer Foster's Group rejected a $10 billion takeover bid from SABMiller.

Tue, 21 Jun 2011
Top News
South African spending growth quickened and demand for imports contributed to a wider current account deficit in the first quarter, suggesting recovery is taking hold and backing the case for higher interest rates.  Full story

South Africa's current account deficit widened to 3.1 percent of GDP in the first quarter of 2011 from a revised 1.0 percent shortfall in the fourth quarter of 2010, the Reserve Bank said on Tuesday.  Full story
A passenger jet slammed into the ground and caught fire while trying to land on a foggy night in northwestern Russia, killing 44 people and leaving eight survivors badly hurt, officials said on Tuesday.  Full story
Syrian security forces shot dead seven people on Tuesday during clashes in two cities between President Bashar al-Assad's loyalists and protesters demanding his removal, a leading activist said.  Full story
Italian Prime Minister Silvio Berlusconi overcame coalition infighting to win a vote of confidence Tuesday, his first parliamentary test since suffering two stinging electoral losses.  Full story
European shares rose at their fastest pace in two months on Tuesday, bouncing from three-month closing lows on optimism that Greece will get. . .  Full story
U.S. stocks advanced broadly on Tuesday as optimism grew over an upcoming confidence vote by the Greek parliament, a key hurdle for the. . .  Full story
Gold rose for a third day on Tuesday, driven by a weaker dollar and uncertainty over the outcome of a confidence vote in. . .  Full story
Global stocks jumped and the euro rose on Tuesday after slipping to three-week lows last week as investors speculated Greece will avoid a. . .  Full story

Britain's leading shares pushed higher on Tuesday, led by rallying commodity stocks and banks as investors awaited a vote of confidence in the. . .  Full story
U.S. stocks extended gains on Tuesday as optimism over a confidence vote for Greece and better-than-expected housing data boosted investor appetite for equities.. . .  Full story
Australian stocks jumped 1.3 percent on Tuesday, buoyed by sharp rises in banks and miners and a $10 billion bid for top brewer. . .  Full story
Tokyo stocks rose 1 percent for their biggest daily gain in three weeks on Tuesday, led by auto stocks climbing on bullish. . .  Full story
SA Business
The number of people employed in South Africa's non-agricultural sectors increased by 0.6 percent in the first quarter of 2011 compared with the fourth quarter of last year, data showed on Tuesday.. . .  Full story
South African assets were firmer in early morning trade on Tuesday as investors bet the euro zone financial crisis would find resolution and as weak global growth made local debt more attractive.. . .  Full story

South Africa's Richards Bay Coal Terminal (RBCT) expects to export around 63 million tonnes of coal this year, which could only. . .  Full story
Growth in spending in South Africa's economy accelerated to 8.3 percent in the first quarter of 2011 from 2.4 percent in. . .  Full story
South Africa may slightly lower its May 2010-April 2011 season maize estimates as yields disappoint and heavy rains affect quality, a. . .  Full story
The gold mining assets of failed South African junior miner Pamodzi Gold have been put up for sale, the provisional liquidators. . .  Full story

The strong rand has not been a threat to economic growth, South African Reserve Bank chief economist Monde Mnyande said on Tuesday.. . .  Full story
Company News
The Gijima board announce the appointment of Ms Debbie Zwane- Chikura as Group Chief Operating Officer (COO) and executive director to the board with immediate effect.. . .  Full story
Further to the announcement released by FirstRand on 15 December 2010, shareholders are advised that the implementation of the sale by FirstRand of its 45% effective interest in OUTsurance Holdings Ltd. . .  Full story
Keaton shareholders were advised that, at the general meeting of the company held at Ground Floor, Eland House, The Braes, 3 Eaton Road, Bryanston, the ordinary resolutions relating to: * the. . .  Full story
Company Results
Revenue for the interim period ended 31 March 2011 increased to R11.8 million (2010: R11.2 million). Operating profit rose to R4.8 million (2010: R4.7 million), while profit for the period strengthened to R2.5 million (2010: R2.3 million). Furthermore, headline earnings per. . .  Full story
Sales revenue for the twelve months ended 31 March 2011 increased to R12.2 billion (2010: R11.8 billion). Trading profit lowered to R659 million (2010: R841 million), but profit attributable to equity holders of the parent more than doubled to R9.7 billion. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0030971.88344.231.12%
JSE Top 4017:0027653.44332.011.22%
JSE Gold17:002366.605.270.22%
JSE Financial17:0021199.76159.790.76%
JSE Industrial17:0032027.61134.850.42%
JSE Indust 2517:0026817.4199.610.37%
JSE Resource17:0052251.351109.262.17%
DJ Futures19:5612098.0091.000.76%
DJ Ind19:4512171.9291.540.76%
SP 50019:161293.0414.681.15%
FTSE 10017:355775.3181.921.44%
All Ords08:444565.2052.701.17%
NZSE 5007:423459.56-7.93-0.23%
NameTimeRPMove% Move
Gold/R kg20:00333952-2803-0.83%
Brent Crude19:56111.27-.81-0.72%
Rand / Dollar19:596.7223-0.0622-0.92%
Rand / Pound19:5510.8679-0.0967-0.88%
Rand / Euro19:559.6693-0.0406-0.42%
Rand / NZD19:595.4577-0.0380-0.69%
Rand / AUD19:557.1128-0.0702-0.98%
Yen / Dollar19:5880.1300-0.1700-0.21%
Euro / Dollar19:590.6951-0.0039-0.56%
Dollar / Euro19:591.43880.00810.57%
Pound / Dollar19:550.6162-0.0007-0.11%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 CIL  900810900.00.%
2 VILLAGE  1391310.32.%110753
3 AFROC-P  388236.30.%6332
4 NUWORLD  1895955.28.%799
5 METROFILE  210105.00.%1224756
6 DAWN  630305.00.%397194
7 MUSTEK  460204.55.%45000
8 DORBYL  265103.92.%167547
9 KEATON   300103.45.%26196
10 AFRO-C  19563.17.%32057
11 RICHEMONT  42351263.07.%5899055
12 ANGLO  318009303.01.%3209161
13 SASOL  3550010002.90.%2037448
14 YORK  360102.86.%11344
15 GROUP-5  3014822.80.%611967
16 URONE  1986532.74.%1775
17 PHUMELELA  1150302.68.%1726
18 MRHLD  2850742.67.%610263
19 NETCARE  1515382.57.%3112612
20 ASPEN  84992112.55.%932129

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Major Moves Down
SharenameSaleMove% MoveVolume
1 KELLY  330-55-14.29.%300
2 ROLFES  170-20-10.53.%58454
3 PARACON  160-15-8.57.%31000
4 BAUBA  180-15-7.69.%5000
5 TRADEH  585-40-6.40.%6287
6 KAP  240-9-3.61.%7000
7 SABMILLER  23149-821-3.43.%11890845
8 COAL  830-25-2.92.%815100
9 EASTPLATS  600-18-2.91.%103375
10 OPTIMUM  2844-81-2.77.%525300
11 CAXTON-P  14500-400-2.68.%1350
12 CERAMIC  12300-300-2.38.%9972
13 ELBGROUP  2050-49-2.33.%4798
14 VERIMARK  170-4-2.30.%35181
15 WESIZWE  175-4-2.23.%115085
16 EHSV  5369-116-2.11.%161039
17 TREMATON  142-3-2.07.%237000
18 ILLOVO  2580-52-1.98.%352873
19 ANOORAQ  505-10-1.94.%4800
20 SPURCORP  1376-24-1.71.%4130

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New Highs
SharenameSaleHighMove% MoveVolume
1 CIL  900900810900.00.%
2 HOWDEN  12801280201.59.%3

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New Lows
SharenameSaleLowMove% MoveVolume
1 KELLY  330330-55-14.29.%300

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Index Summary
Index NameRPMove% Move
Top 4027,653.44332.011.22%
Mid Cap41,725.68289.010.70%
Small Cap32,001.13121.390.38%
Resource 2052,251.351109.262.17%
Industrial 2526,817.4199.610.37%
Financial 157,960.4567.460.85%
Financial & Ind. 3029,870.11144.500.49%
All Share30,971.88344.231.12%
Oil & Gas 26,875.24758.622.90%
Mining 34,134.33656.861.96%
Gold Mining2,366.605.270.22%
Platinum Mining69.50.590.86%
Oil & Gas Producers 14,450.32407.892.90%
Basic Materials 29,000.04550.311.93%
Chemicals 13,709.92131.570.97%
Forestry & Paper 14,464.37205.441.44%
Industrial Metals 29,359.16574.312.00%
Industrials 27,503.03353.031.30%
General Industrials 74,749.201093.601.48%
Consumer Goods 26,214.37-150.84-0.57%
Automobiles & Parts 3,351.40-22.64-0.67%
Household Goods146.17-0-0.30%
Health Care 33,762.12611.531.84%
Beverages 79.10-2.81-3.43%
Food Producers 47,425.9680.100.17%
Index NameRPMove% Move
Personal Goods 422.9812.593.07%
Consumer Services 52,058.72348.400.67%
General Retailers 40,113.43176.100.44%
Travel & Leisure 3,708.97-27.08-0.72%
Media 82.54.931.14%
Support Services 2,422.88-6.64-0.27%
Telecommunications 66,848.94321.590.48%
Financials 21,199.76159.790.76%
Banks 39,345.34310.260.79%
Non-life Insurance 31,766.31242.490.77%
Life Insurance 15,615.06142.450.92%
General Financial 2,235.5926.601.20%
Technology 21,234.31-51.21-0.24%
SHARIAH TOP40 3,056.83551.85%
FTSE/JSE SHARIAH ALL3,124.37541.77%
COAL MINING22,209.502020.92%
FTSE JSE Fledgling 4,487.85190.43%
FTSE/JSE Alt X 1,079.3330.28%
RESOURCE 28,834.145902.09%
DIVIDEND PLUS164.8610.57%
FTSE/JSE RAFI 406,455.13741.17%
Capped Top 4014,447.251551.09%
Capped All Share15,613.961671.08%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
24 Jun 2011AVUSAMarch 2011 (Final)
24 Jun 2011DIAMONDCPDecember 2010 (Final)
24 Jun 2011FREEWORLDMarch 2011 (Interim)
24 Jun 2011TELEMASTRMarch 2011 (Interim)
27 Jun 2011NASPERSMarch 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
DCENTRIX11-06-2011-07-0811-07-18R 0.0918
MERCHANT11-06-2011-07-0811-07-18R 0.1100
MARSHALL11-06-1511-07-0111-07-15R 0.0150
SBRJSEP1111-06-1511-09-0211-09-15R 1.4500
TELKOM11-06-1311-07-0111-07-11R 1.4500
Ex Div**
Share NameDec-DateLDTPay-DateAmount
CAPITEC11-03-3011-06-1711-06-27R 2.0500
MRPRICE11-05-2611-06-1711-06-27R 1.7530
JDGROUP11-05-1611-06-1711-06-27R 1.0000
ADCOCK11-05-2411-06-1711-06-27R 0.8100
HCI11-05-1911-06-1711-06-27R 0.6000

Upcoming AGMs**
CodeCompany NameDateStatus
MTNMTN Group Ltd22/06/2011Confirmed
SOHSouth Ocean Holdings Ltd22/06/2011Confirmed
ISAISA Holdings Ltd22/06/2011Confirmed
CRGCargo Carriers Ltd23/06/2011Confirmed
KIRKairos Industrial Holdings Ltd24/06/2011Confirmed

Stock Exchange News Service
21/06/201117:50 Zeder Investments Limited - Disclosure of acquisition of shares in
21/06/201117:33 RBA Holdings Limited - Operational update
21/06/201117:28FR1 - FirstRand Bank Limited - Listing of Tap Issues
21/06/201117:00 Remgro Limited - Reviewed results for the twelve months ended 31 March
21/06/201116:00 Brait S.A.,Societe Anonyme - Dealing in securities by a non-executive
21/06/201115:56JOZI03 - The City of Johannesburg Metropolitan Municipality - Interest Rate
21/06/201115:00 AH-VEST LIMITED - Renewal of cautionary announcement
21/06/201114:51 Decillion - Renewal of Cautionary Announcement
21/06/201114:34 Gijima Group Limited - Change to the board
21/06/201114:31CPI / CPIP - Capitec Bank Holdings Limited - Quarterly disclosure in terms of
21/06/201114:17 Exxaro Resources Limited - Trading of Exxaro ordinary shares on behalf of
21/06/201114:00 FirstRand Limited - Completion of OUTsurance sale
21/06/201114:00 RMI Holdings - Completion of Outsurance Acquisition, Sale of Outsurance
21/06/201113:40 Gold Fields Limited - Dealing in securities
21/06/201112:46 Metrofile Holdings Limited - Trading Statement
21/06/201112:42 Calgro M3 Holdings Limited - Dealings in securities by directors
21/06/201112:37RPBI - Real People Investment Holdings (Proprietary) Limited - Release of Annual
21/06/201112:33 Keaton Energy Holdings Limited - Results of general meeting
21/06/201111:58 RGT Smart Market Intelligence Limited - Salient dates of the offer
21/06/201111:11 JD Group Limited - Circular to JD Group shareholders dated 24 May 2011
21/06/201110:34 Spanjaard Limited - Dealings in securities by a director
21/06/201110:04GEN - General - Capricorn Investment Holdings Limited - Suspension of Listing
21/06/201109:30 Pinnacle Point Group Limited - Notice of application for business
21/06/201109:19 Goliath Gold Mining Limited - Change to the board of directors
21/06/201109:08 African Eagle Resources plc - Mid-Year Progress Report
21/06/201108:48 Pioneer Food Group Limited - Dealing in Pioneer foods shares
21/06/201108:00 SABMiller Plc - SABMiller Plc proposal to acquire Foster`s Group Limited
21/06/201107:12 BHP Billiton Plc - Transaction in shares
21/06/201107:10 British American Tobacco p.l.c.- Transaction in own shares
21/06/201107:10SYN837 - Synthesis Funding Limited - New Financial Instrument Listing
21/06/201107:05 Trans Hex Group Limited - Renewal of cautionary announcement relating to

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