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 The Sharenet Daily 
Thursday, 28 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)

Strikes weigh on S.Africa's shares; bonds, rand weaken

By Mmathabo Tladi and Phumza Macanda

JOHANNESBURG (Reuters) - South Africa's rand slipped on Thursday after posting strong gains this week, while bond prices fell on concerns over the U.S. debt standoff and stocks fell for the fourth straight day.

Mining stocks fell as unions went on strike, helping drag down the resource-heavy Top-40 index of blue chips by 0.52 percent to 28,099.81. The All-Share index fell 0.47 percent to 31,446.39.

Investors were loathe to hang on to long high-risk assets before U.S. lawmakers vote on a deficit-reduction plan aimed at averting the threat of a default, which has unsettled markets.

Local data showing unemployment rose in the third quarter added to the negative sentiment, highlighting a challenge that could stoke social instability in future.

The rand was trading at 6.7030 to the dollar at 1525 GMT, 0.3 percent weaker than Wednesday's New York close of 6.6820. It hit a fresh two-moth high of 6.6250 earlier.

"We have that U.S. vote tonight so the market is a little gun-shy," said Warrick Butler, dealer at Standard Bank.

"We've seen a lot of local demand for dollars as well as real money selling off bonds, so we had another move up to 6.7150. The market is nervous so there's a lot of off-loading because we've had a good run for some time."

Offshore investment into local bonds has helped to support the rand and it is one of the top three performers so far this year amongst emerging market currencies tracked by Reuters.

Bonds weakened slightly on Thursday, with the yield on the 2015 bond up a basis point to 7.37 and that on the 2026 paper ticking up by the same margin to 8.515 percent.

The break of 7.36 percent on the 2015 bond opens up for 7.20 percent in the weeks to come, said market researchers Tradition Analytics in a note.

"Momentum on the monthly R157 yield chart remains bullish and a test of 7.05 is possible in H2 2011, particularly as the domestic economy continues to under perform peers and price inflation doesn't gain meaningful traction."

Monetary policy is expected to remain accommodative for the rest of this year and interest rates are seen starting to rise from 30-year lows early next year.

On the bourse, falling gold prices hammered listed producers such as AngloGold Ashanti.

"The gold price pulled back quite a bit, the rand is stronger, strikes are having negative factor," said Mitchell Gannaway, a trader at Thebe Securities.

"Mining companies haven't been benefiting as they should from the record gold price."

Global bullion prices have fallen to just above $1,600 an ounce, after hitting a record $1,628 on Wednesday.

Some 100,000 workers at AngloGold, Gold Fields, Harmony Gold and another smaller mining group plan to walk off the job. The work stoppage could cost the sector some $25 million a day in lost output.

AngloGold and Harmony Gold slid 3 percent each to 281.11 and 91.19 rand respectively.

Gannaway said the prolonged debt stalemate in the United States was also weighing on sentiment.

"The longer it goes on before the deadline, (the more) markets will be nervous," he said.

Thu, 28 Jul 2011
Top News
Some 100,000 South African gold miners went on strike on Thursday, but fuel workers ended a stoppage that had slowed commerce and caused panic buying.  Full story

South Africa's government wants Wal-Mart Stores to boost a fund for local suppliers to $75 million from a planned $15 million, Business Report newspaper said on Thursday, citing an unnamed government source.  Full story
Rebels in Libya's Western Mountains launched an offensive against Muammar Gaddafi's troops on Thursday and the opposition won diplomatic recognition from Portugal, which joined some 30 states to have made such a move.  Full story
Chinese Premier Wen Jiabao Thursday vowed a thorough and transparent probe into last week's train crash that killed at least 39 people, visiting the crash site in a bid to calm public outrage at the government's handling of the disaster.  Full story
Norwegian police on Thursday ended a six-day search for bodies on the island where Anders Behring Breivik shot dead 68 people, and said they were increasingly certain he acted alone.  Full story
Wall Street gained momentum on Thursday, with the Nasdaq up about 1 percent before a key vote in Congress on a plan to. . .  Full story
U.S. stocks gained and the dollar rose on Thursday after better-than-expected housing and jobs data overshadowed concern over the U.S. debt debacle.. . .  Full story
Heavyweight commodity stocks led Britain's top share index lower on Thursday as investors shifted out of cyclical plays and put their money into. . .  Full story
European shares fell for a fourth straight session to hit a one-week low on Thursday as disappointing earnings and cautious comments from major. . .  Full story

U.S. stock index futures rose on Thursday after Wall Street suffered its worst day in eight weeks, but the session was predicted to. . .  Full story
- Mounting concerns about a U.S. debt default dragged global stocks down to their lowest in more than a week and drove the. . .  Full story
European stocks retreated in early trade on Thursday, falling for the fourth straight session as a raft of disappointing earnings and downbeat comments sparked. . .  Full story
Australian stocks fell 1.6 percent on Thursday as growing fears about a U.S. debt default drove investors out of blue chips with investment. . .  Full story
SA Business
South Africa's official jobless rate rose further in the second quarter of this year as the mining and manufacturing sectors shed. . .  Full story
South Africa's maize futures closed higher on Thursday and are seen making more gains after the government cut the crop forecast. . .  Full story
Shares of Investec fell more than 2 percent on Thursday after the asset manager and investment bank said first-quarter conditions had. . .  Full story
Shares of Canada's Forbes Coal first traded at 25.01 rand in their debut on the South African stock exchange on Thursday.. . .  Full story

Paper maker Mondi's near 60-percent surge in first-half profit on Thursday disappointed investors expecting more from the company's restructuring drive and. . .  Full story
Gold edged down further on Thursday from the previous session's record high as investors hoped for passage of a bill to cut the. . .  Full story
South Africa's National Union of Mineworkers (NUM) said on Thursday it would consider an offer by miner Anglo American Platinum and. . .  Full story
Brazil's competitive advantage as a sugar producer is eroding due partly to a strong currency, but the global market will continue to depend. . .  Full story

A 2-1/2 week strike by South African fuel workers that had been threatening the continent's biggest economy ended on Thursday, Talk Radio 702 reported.. . .  Full story
Escalating costs for everything from worker salaries to diesel fuel and a sliding U.S. dollar may spoil the party for the world's top miners that are set to report record half-year profits thanks to. . .  Full story
South African investment bank and asset manager Investec said first-quarter profit was marginally higher, as it battled tougher-than-expected economic conditions and weak debt and equity markets.. . .  Full story
Company News
Shareholders are referred to the announcement dated 7 July 2011 that Wescoal launched an urgent application with the High Court during. . .  Full story
Optimum informed shareholders and update the market on its operational performance at Optimum Collieries and Koornfontein Mines for the year ended. . .  Full story
This Interim Management Statement is issued by Investec in accordance with the UK Listing Authority's Disclosure and Transparency Rules. Unless stated. . .  Full story
The company expects an improvement of more than 250% in the headline earnings per share ("HEPS") for the six months ending. . .  Full story

Shareholders were advised that a general meeting of Eqstra will be held on Wednesday, 31 August 2011 at 09:00 at the. . .  Full story
The Financial Mail reported that HCI has tow main objectives for KWV. The first is to improve its performance and value,. . .  Full story
Shareholders are advised that at the twenty-eight Annual General Meeting of Mediclinic held on 27 July 2011, all the ordinary and. . .  Full story
Shareholders are referred to the announcement released by Adcock Ingram on 29th March 2011 relating to the acquisition of the business. . .  Full story
Company Results
Revenue increased by 12.5% to R618.6 million (R549.7 million). Gross profit declined by 10.4% to R106.3 million (R118.6 million). Net attributable. . .  Full story
Revenue increased to R16.6 billion (June 2010: R16.2 billion). Operating profit declined to R929 million (June 2010: R2.3 billion) while net. . .  Full story
Revenue for the interim period ended 30 June 2011 increased by 2% to GBP7 438 million (2010: GBP7 298 million). Profit. . .  Full story
Group revenue for the interim period ended 30 June 2011 increased to EUR2.942 billion (2010: EUR2.752 billion). Gross profit rose to. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0031446.39-147.60-0.47%
JSE Top 4017:0028099.81-147.68-0.52%
JSE Gold17:002403.02-50.80-2.07%
JSE Financial17:0021275.64-113.70-0.53%
JSE Industrial17:0033141.4757.830.17%
JSE Indust 2517:0027799.4668.200.25%
JSE Resource17:0052235.72-581.69-1.10%
DJ Futures19:5012275.0027.000.22%
DJ Ind17:5112376.6574.100.60%
SP 50019:461313.378.480.65%
FTSE 10017:355873.2116.630.28%
All Ords08:424539.20-73.40-1.59%
NZSE 5007:463396.79-15.57-0.46%
NameTimeRPMove% Move
Gold/R kg19:56348665220.01%
Brent Crude19:56117.56-.38-0.32%
Rand / Dollar19:596.72100.04620.69%
Rand / Pound19:5810.95450.08160.75%
Rand / Euro19:589.62790.03370.35%
Rand / NZD19:585.86080.03590.62%
Rand / AUD19:587.41030.04650.63%
Yen / Dollar19:5777.8000-0.1300-0.17%
Euro / Dollar19:590.69840.69840.00%
Dollar / Euro19:591.4317-0.0043-0.30%
Pound / Dollar19:580.6115-0.0005-0.08%

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The JSE Today
Trading Statistics

Major Moves Up
SharenameSaleMove% MoveVolume
1 CALGRO  1102529.41.%173000
2 NUWORLD  247627712.60.%232
3 ARGENT  890809.88.%98200
4 CITYLDG  65093816.22.%113435
5 SABVEST-N  880404.76.%20000
6 ZURICHSA  220009904.71.%100
7 CROOKES  43851854.40.%504
8 CAT  1490604.20.%22981
9 GOLIATH  280103.70.%650
10 WBHO  110003002.80.%53662
11 MTN  144313142.22.%8712550
12 ANOORAQ  485102.11.%119876
13 ILIAD  536112.10.%240000
14 MERAFE  10821.89.%3943578
15 TASTE  11221.82.%150
16 SASFIN  3375601.81.%21197
17 EQSTRA  700101.45.%42098
18 TFG  86811211.41.%2573268
19 KEATON   29541.37.%36605
20 ASPEN  8320951.16.%1784267

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Major Moves Down
SharenameSaleMove% MoveVolume
1 DELRAND  122-167-57.79.%84
2 ROLFES  252-68-21.25.%96000
3 WITSGOLD  4355-435-9.08.%7602
4 BELL  1370-90-6.16.%3400
5 URONE  2420-143-5.58.%15025
6 RESILIENT  3275-120-3.53.%98487
7 S-OCEAN  150-5-3.23.%496430
8 CASHBIL  9200-300-3.16.%7490
9 HARMONY  9119-295-3.13.%819498
10 ANGGOLD  28111-897-3.09.%1277525
11 DIGICOR  335-10-2.90.%9000
12 GBGOLD  1337-38-2.76.%10765
13 WINHOLD  180-5-2.70.%13836
14 ARB  331-9-2.65.%91027
15 MONDIPLCP  6665-175-2.56.%1939710
16 AQUARIUS  3170-77-2.37.%14525
17 NORTHAM  3809-91-2.33.%1808001
18 MONDILTDP  5418-122-2.20.%775734
19 TRENCOR  3425-75-2.14.%70065
20 DATATEC  3925-85-2.12.%484866

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New Highs
SharenameSaleHighMove% MoveVolume
1 CALGRO  1101102529.41.%173000
2 ZURICHSA  22000220009904.71.%100

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New Lows
SharenameSaleLowMove% MoveVolume
1 S-OCEAN  150150-5-3.23.%496430
2 NORTHAM  38093750-91-2.33.%1808001
3 LONMIN  1413813963-305-2.11.%444624
4 ANGLOPLAT  5865158403-977-1.64.%403281
5 SAPPI  29942966-45-1.48.%1347279
6 RAUBEX  15751549100.64.%76409
7 MERAFE  10810421.89.%3943578

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Index Summary
Index NameRPMove% Move
Top 4028,099.81-147.68-0.52%
Mid Cap42,244.68-97.79-0.23%
Small Cap32,077.8349.910.16%
Resource 2052,235.72-581.69-1.10%
Industrial 2527,799.4668.200.25%
Financial 157,964.29-47.81-0.60%
Financial & Ind. 3030,694.94-4.74-0.02%
All Share31,446.39-147.60-0.47%
Oil & Gas 25,735.69-491.52-1.87%
Mining 34,362.84-361.74-1.04%
Gold Mining2,403.02-50.80-2.07%
Platinum Mining65.92-1.06-1.58%
Oil & Gas Producers 13,837.61-264.28-1.87%
Basic Materials 29,178.91-326.51-1.11%
Chemicals 13,751.55-108.75-0.78%
Forestry & Paper 13,905.74-304.85-2.15%
Industrial Metals 30,172.56-537.72-1.75%
Industrials 27,943.27-7.32-0.03%
General Industrials 77,107.53114.880.15%
Consumer Goods 27,791.6354.020.19%
Automobiles & Parts 3,849.5813.590.35%
Household Goods148.7100.22%
Health Care 33,217.44137.370.42%
Food Producers 49,238.79-300.23-0.61%
Index NameRPMove% Move
Personal Goods 436.161.200.28%
Consumer Services 53,076.84-157.18-0.30%
General Retailers 42,830.42143.350.34%
Travel & Leisure 3,834.2428.860.76%
Media 79.75-1.05-1.30%
Support Services 2,363.136.450.27%
Telecommunications 69,976.931201.881.75%
Financials 21,275.64-113.70-0.53%
Banks 39,198.06-175.33-0.45%
Non-life Insurance 31,281.3394.570.30%
Life Insurance 15,697.96-98.21-0.62%
General Financial 2,244.35-19.37-0.86%
Technology 22,666.43-377.07-1.64%
SHARIAH TOP40 3,088.11-22-0.70%
FTSE/JSE SHARIAH ALL3,153.96-22-0.68%
COAL MINING23,559.86-440-1.83%
FTSE JSE Fledgling 4,597.91-6-0.12%
FTSE/JSE Alt X 1,172.78-7-0.62%
CAPPED PROPERTY 319.06-0.42%
RESOURCE 28,833.69-336-1.15%
DIVIDEND PLUS169.69-1-0.39%
FTSE/JSE RAFI 406,525.14-33-0.50%
Capped Top 4014,687.06-75-0.51%
Capped All Share15,858.61-74-0.47%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
29 Jul 2011ANGLOJune 2011 (Interim)
29 Jul 2011ANGLO-PJune 2011 (Interim)
29 Jul 2011ARCMITTALJune 2011 (Interim)
29 Jul 2011MERCANTILEJune 2011 (Interim)
29 Jul 2011MERCANTPJune 2011 (Interim)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
BATS11-07-2711-08-1211-09-28R 0.3810
ARCMITTAL11-07-2711-08-2611-09-05R 0.5500
AMPLATS11-07-2511-08-1211-08-22R 5.0000
AECI11-07-2511-09-0211-09-12R 0.7800
ZURICH SA11-07-2511-08-0411-08-15R 1.0000
Ex Div**
Share NameDec-DateLDTPay-DateAmount
SBR00311-05-0511-07-2211-08-05R 1.4900
AVUSA11-06-2311-07-2211-08-01R 0.8500
INVPLC11-05-1911-07-2211-08-08R 0.0900
INVLTD11-05-1911-07-2211-08-08R 0.0900
NAMPAK 6.511-06-2311-07-2211-08-01R 0.0650

Upcoming AGMs**
CodeCompany NameDateStatus
GDNGooderson Leisure Corporation Ltd28/07/2011Confirmed
TONTongaat Hulett Ltd29/07/2011Confirmed
WGRTSXWitwatersrand Consolidated Gold Resource...29/07/2011Confirmed
WGRWitwatersrand Consolidated Gold Resource...29/07/2011Confirmed
IVTInvicta Holdings Ltd29/07/2011Unconfirmed

Stock Exchange News Service
28/07/201117:22 Mpact Limited - Further information in respect of MPACT`S interim
28/07/201117:17FFA/FFB - Fortress Income Fund Limited - Acquisition of linked units in Vukile
28/07/201117:13 EOH Holdings Limited - Dealings in securities by a director
28/07/201117:05 Remgro Limited - Trading statement
28/07/201117:04 Oando Plc - Unaudited results for the period ended 30 June, 2011
28/07/201117:00 BRAIT S.A.,Societe Anonyme - Results of Annual General Meeting ("AGM")
28/07/201116:51 Gold Fields Limited - Fatalities at KDC Mine
28/07/201116:37 Nutritional Holdings Limited - Dealing in securities by a director
28/07/201116:30 Dorbyl Limited - Change to the board of directors
28/07/201116:25 EOH Holdings Limited - Dealings in securities by directors
28/07/201116:08 Wescoal Holdings Limited - Interdict granted in favour of Wescoal
28/07/201115:55 PSG Group Limited - Dealing in PSG Group Limited shares by an associate of
28/07/201115:53 Optimum Coal Holdings Limited - Operational update for the financial year
28/07/201115:38BIDEN - Denel SOC Limited - Listing of New Financial Instrument
28/07/201115:30 Telkom SA Limited - No change statement and notice of annual general
28/07/201115:27MNDNIF - Nedbank Limited - Adjustment to the terms and conditions of Nedbank
28/07/201115:14 Omnia Holdings Limited - Dealing in securities
28/07/201115:10 Anglo American plc - Treasury Shares - Transfers
28/07/201115:00MND/MNP - Mondi Limited/Mondi plc - Mondi Group - 2011 Interim dividend
28/07/201115:00BITOY - Toyota Financial Services (South Africa) (Proprietary) Limited - New
28/07/201114:56 Ingenuity Property Investments Limited - Disclosure of acquisition of
28/07/201112:39 Mercantile Bank Holdings Limited - Condensed Unaudited Interim results for
28/07/201112:35SBV/SVN - Sabvest Limited - Unaudited interim results for the six months ended
28/07/201112:22 Indequity Group Limited - Resignation of Director
28/07/201112:22BIIIPL - iNguza Investments (Proprietary) Limited - Full Capital Redemption
28/07/201112:21SCIB/ACLSTE - The Standard Bank of South Africa Limited - Dividend
28/07/201112:20SCIB/ACLSTF - The Standard Bank Of South Africa Limited - Dividend announcement
28/07/201112:17 Gooderson Leisure Corporation - Results of the Annual General Meeting
28/07/201112:14BIFR1 - FirstRand Bank Limited - Partial Capital Redemption
28/07/201110:46GPT09 - Growthpoint Properties Limited - New Financial Instrument Listing
28/07/201110:31 Calgro M3 Holdings Limited - Trading update
28/07/201110:30 Spanjaard Limited - Dealings in Securities by a Director
28/07/201110:30INL/INP - Investec - Interim Management Statement released on 28 July 2011
28/07/201110:13 Eqstra Holdings Limited - Posting of notice of General Meeting
28/07/201110:00 Oando PLC - Resignation of Non-Executive Directors and company
28/07/201109:00 Mpact Limited - Trading statement
28/07/201108:57 Medi-Clinic Corporation Limited - Results of Annual General Meeting
28/07/201108:40 Adcock Ingram Holdings Limited - Acquisition of nutrilida - fulfilment
28/07/201108:21DIA/DIB - Dipula Income Fund Limited - Abridged Prospectus - listing of Dipula
28/07/201108:00MND/MNP - Mondi Limited/Mondi plc - Half-yearly results for the six months
28/07/201108:00 Gold Reef Resorts Limited - Change of Company Name - Finalisation date
28/07/201107:10 British American Tobacco p.l.c.- Transaction in own shares

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