Having trouble reading this email? View in your web browser
 The Sharenet Daily 
Friday, 15 July 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 ends weaker, bond market cautious for next week

By Xola Potelwa and Mmathabo Tladi

JOHANNESBURG (Reuters) - The rand fell one percent against the dollar and ended the week at its lowest in two months as investors booked out of risky positions going into the weekend, while bonds were nearly unchanged as dealers tried to neutralise positions for next week's key inflation data and a repo rate decision.

Stocks ended a see-saw session slightly higher, led by Harmony and Truworths after the two companies issued upbeat trading updates while BHP Billiton dropped after unveiling a Petrohawk deal.

The rand gave up 1.2 percent to 6.92 on the day, off a New York close of 6.8380.

"We remain in a risk-off environment. There is a fairly negative undertone, the market doesn't want to go in the weekend holding any risk and hence we've seen a bit of a sell-off in the local currency," said Duncan Howes, a forex trader at Absa Capital.

The currency is likely to try a retest of support at 6.95 against the dollar but until that is breached it should stay below the big 7.0 level.

"For us 6.95 remains key, a break above there could trigger a move up into the 7.05/7.10 area," Duncan Howes added.

The debt market saw thin trade as dealers squared their books for the weekend and wanted neutral positions going into next week's key data.

Yields on the benchmark 2015 government bond ended just one basis point higher at 7.48 percent on Friday.

The market has priced in a no change in the repo rate on Thursday while inflation for June is expected to have quickened.

"Very thin, very quiet on the bond market today with no events. I think all the positioning now is that guys squared their books up so they can go into the data more neutral next week," said a local bond dealer.


The JSE Top-40 blue chip index was 0.24 percent firmer at 28,915.93 and the broader All-share index was up 0.26 at 32,288.43

Traders said next week's reporting season would shed light on the market's medium-term direction.

"Reporting season starts properly next week, people will watch what is going on," said Malcom Moller a trader at Vunani Ltd.

Among equity movers, Harmony was 3.18 percent higher at 98.68 rand after the gold miner said quarterly production likely rose 3 percent.

Truworths added 2.21 percent to 74.10 rand after the clothing retailer said full-year profit likely increased as much as 22 percent.

On the flipside, BHP Billiton gave up 1.24 percent to 260.20 rand on concerns that it may be paying too much for shale gas producer Petrohawk.

Mondi was down 3 percent at 55.62 rand on worries about its growth prospects after the paper maker spun off and separately listed its packaging business.

Fri, 15 Jul 2011
Top News
The National Union of Metalworkers of South Africa denied industry assertions on Friday it had reached a wage deal with steel and engineering firms and said it had not called off its strike.  Full story

Rebel leaders won recognition as the legitimate government of Libya from the United States and other world powers on Friday in a major boost to the rebels' faltering campaign to oust Muammar Gaddafi.  Full story
Five million people are at risk of cholera in drought-hit Ethiopia, where acute watery diarrhoea has broken out in crowded, unsanitary conditions, the World Health Organisation (WHO) said on Friday.  Full story
Thousands of Egyptians packed Cairo's Tahrir Square on Friday, keeping up pressure on the ruling generals to implement reforms more swiftly and to try ousted President Hosni Mubarak and his aides.  Full story
U.S. stocks advanced slightly in volatile trading on Friday after results from the European banks' stress tests came out slightly better than expected.. . .  Full story
The euro edged up against the dollar on Friday after results of European bank stress tests eased some worries about the outlook for. . .  Full story
Gold rose for a tenth straight session on Friday, matching a record winning streak set four decades ago, as fears over debt talks. . .  Full story
European stocks slid on Friday and posted their biggest weekly loss in four months, with peripheral European shares knocked lower ahead of the. . .  Full story

Britain's top shares edged lower on Friday, having posted their biggest weekly decline in four months, as worries about bank stress test results. . .  Full story
European shares drifted lower on Friday, as investors awaited the results of EU-wide banking stress tests that may show some smaller players needing. . .  Full story
The Nikkei share average rose on Friday, buoyed by European investors scooping up cyclical shares, but was capped by the top of the. . .  Full story
Australian stocks closed 0.4 percent lower on Friday as euro zone debt fears continued to weigh on the local market and miner BHP. . .  Full story
SA Business
Employers in South Africa's petroleum sector said on Friday they were ready to resume talks with unions to end a week-long strike that threatened fuel supplied in Africa's biggest economy.. . .  Full story
Harmony Gold said on Friday that its Tshepong mine in South Africa remained shut and that lost production was expected to be 20 to 25 kgs of gold per day.. . .  Full story
South Africa's rand weakened against the dollar on Friday as investors shied away from risky assets ahead of stress tests on European banks, while worries about U.S. credit ratings also cast. . .  Full story

Harmony Gold, South Africa's third largest gold miner, said on Friday output for the April-June quarter would likely be three percent higher than the 317,000 ounces produced in the previous one despite days lost to public holidays.. . .  Full story
Some 2,000 workers at Pioneer Food Group's Sasko Grain unit downed tools on this week, the Food and Allied Workers Union said on Friday, escalating nation-wide strikes in Africa's biggest economy.. . .  Full story
Company News
Notice is hereby given that the Annual General Meeting of ACTOWERS' shareholders will be held on Wednesday 17 August 2011 at. . .  Full story
Shareholders of Absa Group and Absa Bank are advised that the financial results for the six months ended 30 June 2011. . .  Full story
Shareholders are advised that at the annual general meeting of MICROmega held at 10:00 on Friday, 15 July 2011, all the. . .  Full story
Altron shareholders were advised that the results of the business conducted at the annual general meeting held on Friday, 15 July. . .  Full story

Shareholders are advised that DRDGOLD expects its group gold production for the year ended 30 June 2011 (FY2011) to be about 10% higher than in the previous year, at around 265. . .  Full story
Further to the SENS announcement dated 25 March 2011, the board of directors of Trustco informed shareholders that Mrs. J Bazuin has been appointed as company secretary effective from 14 July. . .  Full story
Business Day reported that Wesizwe has embarked on an early-stage study with its neighbour, Canada's Platinum Group Metals ("PTM") about building a concentrator to serve both of their projects. Projects executive,. . .  Full story
Company Results
Rental income for the quarter amounted to EUR439 969 (May 2010: EUR407 743) and results from operating activities showed a profit of EUR211 386 (May 2010: Loss of EUR236 473). A net attributable profit of EUR45 512 (May 2010: Loss of EUR432 823) was made and the earnings per share was EUR0.2cps (May 2010: Loss per share of EUR2.8cps) Dividend Dividend of EUR2.14cps was declared.The establishment of a regular dividend payment cycle is evidence of the company's solid progress. The decl. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032288.4384.490.26%
JSE Top 4017:0028915.9368.460.24%
JSE Gold17:002570.2050.932.02%
JSE Financial17:0021785.2323.920.11%
JSE Industrial17:0033947.45226.170.67%
JSE Indust 2517:0028557.21200.460.71%
JSE Resource17:0053774.88-112.33-0.21%
DJ Futures20:0012390.003.000.02%
DJ Ind19:3512438.401.280.01%
SP 50019:561310.841.970.15%
FTSE 10017:355843.66-3.29-0.06%
All Ords08:384542.70-18.60-0.41%
NZSE 5007:263406.38-3.17-0.09%
NameTimeRPMove% Move
Gold/R kg20:0035305936621.05%
Brent Crude19:56117.17.720.62%
Rand / Dollar19:596.90330.06811.00%
Rand / Pound19:5911.10760.10600.96%
Rand / Euro19:599.76530.09570.99%
Rand / NZD19:595.83300.07511.30%
Rand / AUD19:597.34980.01830.25%
Yen / Dollar19:5978.9800-0.1400-0.18%
Euro / Dollar19:590.7068-0.0001-0.01%
Dollar / Euro19:591.41450.00010.01%
Pound / Dollar19:590.61950.00030.05%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 MMG  1553024.00.%65900
2 BAUBA  1952514.71.%4000
3 INVICTA  48954229.43.%52311
4 TRNSHEX  335258.06.%99909
5 MIXTEL  150107.14.%10000
6 RANGOLD  270187.14.%2600
7 BLUETEL  526346.91.%427898
8 TASTE  11076.80.%81592
9 TRENCOR  36982336.72.%18286
10 ROCKWELL  525255.00.%2000
11 COMAIR  257124.90.%8200
12 CLIENTELE  990404.21.%2000
13 WESIZWE  18274.00.%84312
14 METAIR  1660593.69.%309882
15 HARMONY  98683043.18.%776403
16 MVELAGRP  339103.04.%954945
17 NASPERSN  3857410762.87.%1138110
18 LITHA  25772.80.%4500
19 PHUMELELA  1155302.67.%680
20 HULAMIN  795202.58.%22348

Click here for more Major Moves...
Major Moves Down
SharenameSaleMove% MoveVolume
1 KELLY  350-40-10.26.%370
2 DRDGOLD  321-20-5.87.%847476
3 ANOORAQ  415-25-5.68.%11274
4 VIVIDEND  445-25-5.32.%56010
5 WINHOLD  164-6-3.53.%9000
6 VERIMARK  165-6-3.51.%22740
7 IQUAD  290-10-3.33.%6000
8 MONDILTDP  5562-172-3.00.%675037
9 MONDIPLCP  6948-194-2.72.%818404
10 MUSTEK  505-14-2.70.%16000
11 EOH  2223-60-2.63.%146892
12 ILIAD  580-15-2.52.%775026
13 ARGENT  810-20-2.41.%21880
14 BELL  1370-30-2.14.%12500
15 ANGLOPLAT  60150-1102-1.80.%591124
16 CITYLDG  6100-100-1.61.%27131
17 BASREAD  1428-22-1.52.%134665
18 RAUBEX  1625-25-1.52.%263239
19 BARWORLD  6630-100-1.49.%843479
20 ELLIES   202-3-1.46.%65600

Click here for more Major Moves...

New Highs
SharenameSaleHighMove% MoveVolume
1 INVICTA  489549894229.43.%52311
2 TASTE  11011076.80.%81592
3 COMAIR  257257124.90.%8200
4 NICTUS  20020052.56.%2000
5 A-V-I  33493400561.70.%804563
6 REINET  12791290-1-0.08.%1995441
7 HCI  85008729-100-1.16.%13332

Click here for more Major Moves...
New Lows
SharenameSaleLowMove% MoveVolume
1 CITYLDG  61006100-100-1.61.%27131
2 PLATMIN  40039010.25.%6800

Click here for more Major Moves...

Index Summary
Index NameRPMove% Move
Top 4028,915.9368.460.24%
Mid Cap42,868.21173.240.41%
Small Cap32,611.00105.110.32%
Resource 2053,774.88-112.33-0.21%
Industrial 2528,557.21200.460.71%
Financial 158,191.049.700.12%
Financial & Ind. 3031,564.68167.460.53%
All Share32,288.4384.490.26%
Oil & Gas 27,231.18248.200.92%
Mining 35,287.49-97.39-0.28%
Gold Mining2,570.2050.932.02%
Platinum Mining67.22-.06-0.09%
Oil & Gas Producers 14,641.70133.450.92%
Basic Materials 29,997.35-83.31-0.28%
Chemicals 14,208.8931.140.22%
Forestry & Paper 14,766.12-345.89-2.29%
Industrial Metals 30,980.12295.320.96%
Industrials 28,917.89109.990.38%
General Industrials 79,633.27343.580.43%
Consumer Goods 28,475.6386.150.30%
Automobiles & Parts 3,759.00133.603.69%
Household Goods148.08-1-0.85%
Health Care 33,410.45349.351.06%
Beverages 88.30.790.90%
Food Producers 49,808.29481.800.98%
Index NameRPMove% Move
Personal Goods 452.94-2.50-0.55%
Consumer Services 54,357.93876.261.64%
General Retailers 42,724.30429.291.01%
Travel & Leisure 3,775.9510.290.27%
Media 85.102.342.83%
Support Services 2,404.6814.640.61%
Telecommunications 70,955.75580.010.82%
Financials 21,785.2323.920.11%
Banks 40,482.68-74.24-0.18%
Non-life Insurance 31,766.31.000.00%
Life Insurance 16,103.9192.420.58%
General Financial 2,326.717.330.32%
Technology 23,226.4824.760.11%
SHARIAH TOP40 3,175.4010.03%
FTSE/JSE SHARIAH ALL3,239.7120.06%
COAL MINING24,010.324762.02%
FTSE JSE Fledgling 4,599.56-7-0.16%
FTSE/JSE Alt X 1,153.2600.02%
RESOURCE 29,727.30-35-0.12%
DIVIDEND PLUS172.1010.54%
FTSE/JSE RAFI 406,709.6450.07%
Capped Top 4015,125.02540.36%
Capped All Share16,284.42510.31%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
19 Jul 2011FOORDJune 2011 (Interim)
19 Jul 2011FOORDCMPSJune 2011 (Interim)
19 Jul 2011FOORDDPJune 2011 (Interim)
19 Jul 2011FOORDPPJune 2011 (Interim)
20 Jul 2011ELLIESApril 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
REUNERT5.511-07-1111-07-2211-08-01R 0.0550
HUDACO11-06-2911-08-1211-08-22R 1.3000
NASPERS-N11-06-2711-09-1611-09-26R 2.7000
NAMPAK 6.511-06-2311-07-2211-08-01R 0.0650
AVUSA11-06-2311-07-2211-08-01R 0.8500
Ex Div**
Share NameDec-DateLDTPay-DateAmount
LEWIS11-05-2311-07-1511-07-25R 2.0700
TONGAAT11-05-3011-07-0811-07-21R 1.4000
ADCORP11-05-2511-07-0811-07-18R 1.2100
PERGRIN11-06-0111-07-1511-07-25R 0.3500
NETCARE11-05-1611-07-1511-07-25R 0.2200

Upcoming AGMs**
CodeCompany NameDateStatus
MMGMICROmega Holdings Ltd15/07/2011Confirmed
ATNAllied Electronics Corporation Ltd15/07/2011Confirmed
ATNPAllied Electronics Corporation Ltd15/07/2011Confirmed
ILVIllovo Sugar Ltd19/07/2011Confirmed
BELBell Equipment Ltd19/07/2011Confirmed

Stock Exchange News Service
15/07/201117:00 MAS plc - Unaudited condensed interim financial statements Three months
15/07/201116:54 Sekunjalo Investments Limited - Dealing in sekunjalo investments limited
15/07/201116:41 Africa Cellular Towers Limited - Notice of the Annual General Meeting and
15/07/201116:00 NEPI - Trading Statement
15/07/201115:59 South African Coal Mining Holdings Limited - Audited Annual Results for
15/07/201115:19ES23 - Eskom Holdings Soc Limited - Bond Listing
15/07/201115:17ES18 - Eskom Holdings Soc Limited - Bond Listing
15/07/201115:11 Nampak Limited - Sale of shares by a Director of a major subsidiary
15/07/201115:10ACL126 - Absa Bank Limited - New Financial Instrument Listing
15/07/201114:50 Redefine Properties International Limited - Salient dates in respect
15/07/201114:46ABL/ABLP - African Bank Investments Limited - Disclosure of significant holding
15/07/201114:43ASA/ABSP - ABSA Group /ABSA Bank - Release of interim financial results for the
15/07/201114:37 Beige - Dealings in securities by Directors
15/07/201114:00 SABMiller Plc - Annual Information Update for the 12 months up to and
15/07/201114:00 Harmony Gold Mining Company Ltd - Harmony`s guidance for the June 2011
15/07/201113:30 MAS PLC - Notice of interim dividend
15/07/201113:27GRA287 - Grayston Conduit 1 (Proprietary) Limited - New Financial Instrument
15/07/201113:14BIFR1 - FirstRand Bank Limited - Listing of Tap Issue
15/07/201113:09 Micromega - Results of the Annual General Meeting
15/07/201113:04ATN/ATNP - Allied Electronics Corporation Limited - Results of the Annual
15/07/201112:41 Truworths International Limited - Trading statement
15/07/201112:39 Nictus - Dealing in securities by a Director
15/07/201112:30 UCS Group Limited - UCS Scheme of arrangement
15/07/201112:19 Blue Financial Services Limited - Director dealings in securities
15/07/201112:18GPT1D2 - Growthpoint Note Issuer Company (Pty) Ltd - Series 1 - Full Capital
15/07/201112:17GPT1C2 - Growthpoint Note Issuer Company (Pty) Ltd - Series 1 - Full Capital
15/07/201112:16GPT1B2 - Growthpoint Note Issuer Company (Pty) Ltd - Series 1 - Full Capital
15/07/201112:15GPT1A2 - Growthpoint Note Issuer Company (Pty) Ltd - Series 1 - Full Capital
15/07/201112:08 DRDGOLD Limited - DRDGOLD Guidance for the year ended 30 June 2011
15/07/201111:43 Peregrine Holdings Limited - Change to board of directors
15/07/201111:26DV23 - Development Bank of Southern Africa Limited - New Financial Instrument
15/07/201111:00INLP - Investec Bank Limited - Directorate changes
15/07/201110:52 BSI STEEL Limited - Dealing in securities by a director
15/07/201110:30 The Bidvest Group Limited - Results of the extraordinary general meeting
15/07/201110:00 Evraz Highveld Steel and Vanadium Limited - Second quarter ending 30 June
15/07/201108:50 IFCA - Change in function of Directors
15/07/201108:20 Trustco Group Holdings Limited - Appointment of Company Secretary
15/07/201108:00DBXEU - db x-trackers DJ Euro Stoxx 50 ETF - Listing Of additional 1 700 000
15/07/201107:30 Reinet Investments S.C.A. Depositary Receipts - Reinet Annual Report 2011
15/07/201107:15 Anglo American plc - Anglo American Share Incentive Plan
15/07/201107:11SYN841 - Synthesis Funding Limited - New Financial Instrument Listing
15/07/201107:10 British American Tobacco p.l.c - Transaction in own shares
15/07/201107:10SYN842 - Synthesis Funding Limited - New Financial Instrument Listing
15/07/201107:06 BHP Billiton Plc - All Cash Offer for Petrohawk Energy Corporation -
15/07/201107:05 BHP Billiton Plc - BHP Billiton and Petrohawk Energy Corporation
15/07/201107:05BIRCS - RCS Investment Holdings (Proprietary) Limited - Listing of New Financial
15/07/201107:05 Gold One International Limited - Appendix 3b new issue announcement,

Click here for more SENS news