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 The Sharenet Daily 
Wednesday, 03 August 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 bonds up sharply, stocks at 5-week lows

By Stella Mapenzauswa and Tiisetso Motsoeneng

JOHANNESBURG (Reuters) - South African government bonds rallied sharply on Wednesday and the yield on the benchmark note fell to 9-month lows as a gloomy global economic climate cast a shadow on the domestic outlook.

Stocks fell to their lowest level in more than five weeks with Kumba Iron Ore leading the pack, while the rand came off earlier lows against the dollar but remained vulnerable to uncertainty over debt developments in Europe and the U.S.

Analysts said news that Africa's biggest economy has agreed to a 2.5 billion rand bailout for neighbouring Swaziland to help it through a budget crunch had little impact on financial markets.

The yield on the four-year bond fell as much as nine basis points to 7.12 percent, its lowest level since late November 2010, while that for the 2026 paper dropped 8.5 basis points to 8.225 percent as markets saw fewer chances of interest rates going higher this year.

"We have broken quite a few big technical levels recently with the benchmark; starting with 7.22 percent, then 7.18 percent and 7.14 percent," a Johannesburg debt trader said.

"There's a lot of short-covering in the market. Foreigners are still all over our South African bonds and if demand continues to come through we look to test 7.08 percent soon."

The market is increasingly betting that the Reserve Bank will keep interest rates at 30-year lows for the rest of the year as growth remains hesitant after a recession in 2009. Prospects of a downturn in Europe, a key market for South Africa, will add pressure.

The benchmark JSE Top-40 index of blue-chip stocks ended down 1.21 percent at 27,189.81, a level last seen on June 24, 2010. The broader All-share index came off 1.14 percent to 30,520.43.

"Investors are now worried about economic growth. We saw the ISM data which was not very good for sentiment," Ferdi Heyneke, a portfolio manager at Afrifocus Securities said.

The data showed the U.S. services sector falling in July to its lowest level since February 2010, while new U.S. factory orders fell in June, pulled down by weak demand for transportation equipment.

On the bourse, Kumba Iron Ore topped the decliners' list as demand worries for industrial metals such as copper hit prices.

Kumba, a unit of global mining giant Anglo American, shed 3.95 percent to 483.52 rand and BHP Billiton lost 2.85 percent to 236.08 rand.

Platinum miners such as Anglo American Platinum and Impala Platinum fell between 1 percent and 1.2 percent as their managers begin fresh wage talks to head off a strike.

Sappi was 1.9 percent lower at 28.85 rand after the paper maker said it would finalise the closure of its Port Elizabeth mill to rein in costs.

Gold miners bucked the weaker trend as the price of the metal set a record high, boosting AngloGold Ashanti by 3.69 percent to 300.71 rand and Harmony by 3.02 percent to 99.41 rand.

The rand hit a session low of 6.8440 against the dollar earlier on Wednesday before recovering to 6.7485 by 1614 GMT, up 0.76 percent on the day. But traders said global uncertainly should cap its gains.

"Equities are heading south, so all in all I think it's a fairly bleak outlook on rand in the short term. The 6.72/73 area will be base for now and we could easily have another look up into 6.85," said Duncan Howes, a trader at Absa Capital.

Wed, 03 Aug 2011
Top News
Prompt physical FOB Richards Bay prices fell in line with oil's sharp drop in early trading but DES ARA European prices had recovered most of the day's earlier losses by the afternoon.  Full story

A South African mine workers union started a new round of talks on Wednesday with negotiators at Impala Platinum to head off a strike over wages that could impact global prices of the precious metal.  Full story
Egypt's Hosni Mubarak, accused of corruption and involvement in killing protesters, went on trial on Wednesday, delighting those who overthrew him and ringing an alarm bell for other autocrats around the Arab world.  Full story
Syrian tanks occupied the main square in central Hama on Wednesday after heavy shelling of the city, residents said, taking control of the site of some of the largest protests against President Bashar al-Assad.  Full story
A young Australian woman was freed from a suspected bomb collared around her neck early on Thursday after 10 hours of drama that lasted past midnight and captivated the nation with police saying they were still investigating the incident.  Full story
Gold rallied to a record on Wednesday for the second straight session, as investors sought refuge from slumping stock markets, volatile currencies, a slowing. . .  Full story
European shares fell on Wednesday for a fourth consecutive session, to a fresh 11-month closing low, on global growth concerns after U.S. service. . .  Full story
Britain's top share index fell more than two percent on Wednesday, driven lower by uncertainty over global growth, with commodity stocks heading the. . .  Full story
U.S. stocks fell on Wednesday, and the S&P 500 hit a new low for the year as the latest data triggered more pessimism. . .  Full story

European shares extended losses on Wednesday, led by France's Societe Generale which fell more than 7 percent after the bank warned it might. . .  Full story
Australian shares fell 2.3 percent to an 11-month low on Wednesday, with top miners BHP Billiton and Rio Tinto losing more than 3 percent. . .  Full story
The Nikkei average hit a five-week trough on Wednesday as more disappointing U.S. data fuelled concerns about the health of the global economy,. . .  Full story
The S&P 500 turned negative for the year on Tuesday as the wrangling over the U.S. debt ceiling faded and investors turned their. . .  Full story
SA Business
A South African mine workers union plans talks on Wednesday with negotiators at Impala Platinum to head off a strike over. . .  Full story
South African paper maker Sappi said on Wednesday it would permanently close its Adamas mill in Port Elizabeth in the country's. . .  Full story
Johannesburg-listed gold mining stocks surged in early tradee on Wednesday as investors took shelter from the deteriorating global economic outlook and. . .  Full story
South African government bonds extended this week's gains on Wednesday, with yields hitting new multi-month lows across the curve supported by. . .  Full story

Steep rate rise cycles in Brazil, India and China are nearing peaks, potentially ending a year-long run of weakness for their equities by. . .  Full story
Indian wind turbine maker Suzlon Energy plans to grow its market share this year, helped by growth in Europe, emerging markets. . .  Full story
Indian wind turbine maker Suzlon Energy plans to grow its market share this year, helped by growth in Europe, emerging markets such as. . .  Full story
Gold miners turned to net hedging for just the second time in five years in the first quarter of 2011 but. . .  Full story
Company News
Shareholders are referred to the Company`s detailed announcement on 16 May 2011 on SENS and on 17 May 2011 in the. . .  Full story
Gijima is currently finalising its results for the twelve months ended 30 June 2011, which are planned to be released on. . .  Full story
Tongaat Hulett announce the appointment of Mr Brand Pretorius as an independent non-executive director to the board, with effect from 3. . .  Full story
In accordance with Regulation 98 of the Companies Act, 71 of 2008 ("the Act"), holders of ordinary shares in the Company. . .  Full story

At the shareholders' meeting of Datatec, held at 14h00 on 3 August 2011, both the special resolutions and the ordinary resolution,. . .  Full story
Mr Aser Paul Nkuna, a shareholder representative of FirstRand empowerment partner, Mineworkers Investment Company ("MIC"), has indicated his intention to retire. . .  Full story
Further to the cautionary announcement published on SENS on Wednesday, 22 June 2011, shareholders were advised that negotiations were still in. . .  Full story
Shareholders are referred to the announcement dated 20 July 2011 where it was made known that Wescoal filed a notice of. . .  Full story
Company Results
Revenue for the interim period ended 30 June 2011 climbed to R1.3 billion (R1.2 billion) but earnings before interest, tax, depreciation. . .  Full story
fg. . .  Full story
Net interest income was up 3% to R11.6 billion (R11.3 billion). Operating profit before operating expenditure rose by 12% to R19.4. . .  Full story
Revenue increased to GBP256 million (2010: GBP205 million) .Operating profit of GBP298.7 million was reported, decreasing from GBP460.3 million in the. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0030520.43-351.35-1.14%
JSE Top 4017:0027189.81-333.94-1.21%
JSE Gold17:002565.9466.082.64%
JSE Financial17:0020826.51-239.59-1.14%
JSE Industrial17:0032284.09-449.66-1.37%
JSE Indust 2517:0027026.88-413.96-1.51%
JSE Resource17:0050110.75-489.32-0.97%
DJ Futures19:5611775.00-18.00-0.15%
DJ Ind19:4511860.56-6.06-0.05%
SP 50019:001245.38-8.67-0.69%
FTSE 10017:355584.51-133.88-2.34%
All Ords08:364408.30-102.00-2.26%
NZSE 5007:263369.82-27.18-0.80%
NameTimeRPMove% Move
Gold/R kg20:0035851819580.55%
Brent Crude19:56113.39-2.61-2.25%
Rand / Dollar19:596.7155-0.0682-1.01%
Rand / Pound19:5911.0107-0.00020.00%
Rand / Euro19:599.63110.00830.09%
Rand / NZD19:595.8022-0.0600-1.02%
Rand / AUD19:597.2298-0.0842-1.15%
Yen / Dollar19:5876.8600-0.4700-0.61%
Euro / Dollar19:590.6978-0.0066-0.94%
Dollar / Euro19:591.43280.01380.97%
Pound / Dollar19:590.6086-0.0053-0.86%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 MIXTEL  140107.69.%43582
2 COAL  795557.43.%368771
3 MMG  150107.14.%2500
4 MVELAGRP  360205.88.%348544
5 ESORFRANK  185105.71.%64891
6 ANGGOLD  3007110713.69.%2783217
7 TRNSHEX  320103.23.%5048
8 DAWN  650203.17.%3598
9 HARMONY  99412913.02.%3527686
10 ZEDER  25772.80.%480502
11 PARACON  18042.27.%397600
12 ANOORAQ  480102.13.%11048
13 PNR-FOODS  63501252.01.%50854
14 JSE  69331331.96.%135439
15 CLOVER  1140201.79.%55108
16 GRANPRADE  29551.72.%254626
17 LONMIN  136352261.69.%1709060
18 NASPERSN  365006011.67.%1351107
19 ASTRAL  128002101.67.%158012
20 GROUP-5  2939391.34.%40785

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Major Moves Down
SharenameSaleMove% MoveVolume
1 SABLE  1350-140-9.40.%2500
2 ARB  320-22-6.43.%5900
3 HOSP-B  650-44-6.34.%7696
4 URONE  2304-153-6.23.%82612
5 ILIAD  550-30-5.17.%11109
6 YORK  342-18-5.00.%34521
7 TASTE  103-5-4.63.%168252
8 VIVIDEND  456-22-4.60.%352000
9 IMPERIAL  11100-493-4.25.%1607705
10 KUMBAIO  48352-1990-3.95.%1139131
11 AFGRI  615-25-3.91.%983953
12 OPTIMUM  2460-90-3.53.%649901
13 VERIMARK  164-6-3.53.%2005023
14 AVUSA  2316-84-3.50.%1104400
15 JDGROUP  4050-140-3.34.%1483570
16 KEATON   290-10-3.33.%51037
17 BARWORLD  6105-195-3.10.%1626061
18 BLUETEL  485-15-3.00.%190372
19 EASTPLATS  650-20-2.99.%90452
20 MTN  14149-420-2.88.%10066731

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New Highs
SharenameSaleHighMove% MoveVolume
1 PNR-FOODS  635064801252.01.%50854
2 CML  2095216350.24.%1371580

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New Lows
SharenameSaleLowMove% MoveVolume
1 AFGRI  615610-25-3.91.%983953
2 MERAFE  103102-3-2.83.%4817691
3 SAPPI  28852850-56-1.90.%2061173
4 ARCMITTAL  65326430-108-1.63.%796565
5 NORTHAM  34563352-47-1.34.%4193393
6 ANGLOPLAT  5508854500-712-1.28.%758838
7 IMPLATS  1681016650-169-1.00.%2190075
8 JUBILEE  208198-2-0.95.%352285
9 WBHO  10500101661251.20.%228473
10 LONMIN  13635128892261.69.%1709060
11 COAL  795715557.43.%368771

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Index Summary
Index NameRPMove% Move
Top 4027,189.81-333.94-1.21%
Mid Cap41,607.91-334.34-0.80%
Small Cap31,796.85-154.55-0.48%
Resource 2050,110.75-489.32-0.97%
Industrial 2527,026.88-413.96-1.51%
Financial 157,755.66-111.82-1.42%
Financial & Ind. 3029,823.69-462.22-1.53%
All Share30,520.43-351.35-1.14%
Oil & Gas 25,203.12-303.69-1.19%
Mining 32,978.57-271.81-0.82%
Gold Mining2,565.9466.082.64%
Platinum Mining62.72-.64-1.01%
Oil & Gas Producers 13,551.25-163.29-1.19%
Basic Materials 27,993.33-271.15-0.96%
Chemicals 13,551.68-127.36-0.93%
Forestry & Paper 13,117.12-264.91-1.98%
Industrial Metals 28,863.93-893.84-3.00%
Industrials 27,249.99-396.29-1.43%
General Industrials 74,672.68-1347.32-1.77%
Consumer Goods 26,615.22-420.83-1.56%
Automobiles & Parts 3,890.3440.761.06%
Household Goods144.58-0-0.22%
Health Care 32,536.70-353.59-1.08%
Beverages 81.75-2.18-2.60%
Food Producers 49,145.39-32.99-0.07%
Index NameRPMove% Move
Personal Goods 417.88-3.70-0.88%
Consumer Services 52,874.7145.720.09%
General Retailers 42,567.94-457.29-1.06%
Travel & Leisure 3,742.01-12.37-0.33%
Media 80.531.231.55%
Support Services 2,331.96-5.72-0.24%
Telecommunications 68,940.81-1694.72-2.40%
Financials 20,826.51-239.59-1.14%
Banks 38,527.60-413.51-1.06%
Non-life Insurance 30,568.41-494.68-1.59%
Life Insurance 15,073.79-332.21-2.16%
General Financial 2,176.27-23.17-1.05%
Technology 22,457.85-152.05-0.67%
SHARIAH TOP40 2,981.59-37-1.23%
FTSE/JSE SHARIAH ALL3,050.57-36-1.17%
COAL MINING23,470.18-336-1.41%
FTSE JSE Fledgling 4,559.59-0-0.01%
FTSE/JSE Alt X 1,152.09-12-1.06%
CAPPED PROPERTY 316.80-0.47%
RESOURCE 27,746.08-243-0.87%
DIVIDEND PLUS166.64-2-0.99%
FTSE/JSE RAFI 406,300.30-89-1.39%
Capped Top 4014,257.87-165-1.14%
Capped All Share15,412.27-170-1.09%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
04 Aug 2011CAPITALJune 2011 (Interim)
04 Aug 2011LIB-HOLDJune 2011 (Interim)
04 Aug 2011LIBHOLD-PJune 2011 (Interim)
04 Aug 2011LIBHOLD-P1June 2011 (Interim)
04 Aug 2011LIBHOLD11June 2011 (Interim)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
CAPITAL11-08-0211-08-1911-08-29R 0.3136
ABSA11-08-0211-08-1911-08-29R 2.9200
CAPSHOP11-08-0211-10-0711-11-22R 0.0500
ABSABANK-P11-08-0211-08-1911-08-29R 28.5830
PALAMIN11-08-0111-08-2611-09-05R 9.3100
Ex Div**
Share NameDec-DateLDTPay-DateAmount
SABMILLER11-05-1911-07-2711-08-12R 0.6150
MAS11-07-1511-07-2911-08-12R 0.0214

Upcoming AGMs**
CodeCompany NameDateStatus
MMLMetmar Ltd03/08/2011Confirmed
AFTAfrimat Ltd03/08/2011Confirmed
TDHPTradehold Ltd04/08/2011Confirmed
TASTaste Holdings Ltd04/08/2011Confirmed
TSXTrans Hex Group Ltd04/08/2011Confirmed

Stock Exchange News Service
03/08/201117:08 Randgold & Exploration Company Limited - Reviewed results for the six
03/08/201117:04 Redefine - Dealing in Securities
03/08/201116:58 Grand Parade Investments Limited - Proposed restructure - changes to
03/08/201116:49 Gijima Group Limited - Trading Statement
03/08/201116:30 Tongaat Hulett - Tongaat Hulett: appointment of an independent non-
03/08/201116:23 IFA Hotels & Resorts Limited - Boschendal Sale Update and Further
03/08/201116:23JCD - JCI Limited - Announcement relating to the disposal of
03/08/201116:06 Vox Telecom - Acquisition of Ordinary Shares by Investec Bank Limited
03/08/201116:00 Datatec Limited - Report on proceedings at shareholders` meeting
03/08/201115:40 City Lodge Hotels Limited - Resignation of company secretary
03/08/201115:26 Control Instruments Group Limited - Trading statement
03/08/201115:09 Capricorn Investment Holdings Limited - Renewal of cautionary
03/08/201115:03 Kumba Iron Ore Limited - Sale of shares by a director of a major
03/08/201114:55 FirstRand Limited - Change to the board of directors
03/08/201114:52TOPDWL - Deutsche Bank AG - Notice: termination of listing - TOPDWL -
03/08/201114:00 Kibo Mining Plc - Change of Adviser
03/08/201112:58ZA027 - BNP Paribas Arbitrage Issuance - New Financial Instrument Listing
03/08/201112:43 Avusa Limited - Disclosure of Acquisition of securities
03/08/201112:02 Sappi Limited - Sappi announces final closure of Adamas mill
03/08/201112:00MND/MNP - Mondi - Dealings by directors of Mondi Limited and Mondi plc
03/08/201111:35BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument
03/08/201111:23 Peregrine Holdings Limited - Voluntary announcement regarding
03/08/201111:23 Vividend Income Fund Limited - Appointment to the board of directors
03/08/201111:18 Metmar Limited - Results of annual general meeting
03/08/201111:05 Ububele Holdings Limited - Renewal of cautionary announcement
03/08/201110:57ZGOVI - The ZSHARES ETF Scheme - Withdrawal of ZGOVI participatory
03/08/201110:49 Gold One International Limited - BCX Gold and Gold One lodge their
03/08/201110:08 Goliath Gold Mining Limited - Dealings in securities by company secretary
03/08/201110:02ABN37 - Absa Bank Limited - New Financial Instrument Listing
03/08/201109:40 Omnia Holdings Limited - Dealing in securities
03/08/201109:30 Firestone Energy Limited - Appendix 3B
03/08/201109:04 Firestone Energy Limited - Mining right approval for Firestone/Sekoko/IDC
03/08/201109:00 Tiger Brands Limited - Dealing in securities
03/08/201108:23MWNT - Mine Waste Solutions (Pty) Limited - Operations resume at Mine Waste
03/08/201108:12 Decillion Limited - Detailed cautionary announcement regarding the
03/08/201108:01 Wescoal Holdings Limited - Liquidation application set aside with costs
03/08/201108:00CCO - Capital & Counties Properties PLC - Interim report for the half year ended
03/08/201107:36 First Uranium Corporation - News Release - Operations resume at mine waste
03/08/201107:33 Group Five Limited - Changes to the board of directors
03/08/201107:31 Net 1 UEPS Technologies, Inc. - Net 1 UEPS Technologies, Inc. to host
03/08/201107:24 Miranda Mineral Holdings Limited - Update of business rescue application
03/08/201107:10 British American Tobacco p.l.c. - Transaction in own shares

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