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The Sharenet Daily 
Thursday, 11 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
 
Charts
News
Top News
Markets
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)


Charts
 
S.Africa's volatile rand ends firmer, stocks rally

By Stella Mapenzauswa and Helen Nyambura-Mwaura

JOHANNESBURG (Reuters) - South African stocks added more than 3 percent on Thursday, the biggest daily percentage increase in 15 months, boosted by sentiment generated by better-than-expected U.S. labour market data.

The rand recouped earlier losses against the dollar, largely tracking a firmer euro, but remained vulnerable to market volatility linked to global financial worries which have cast a pall on the outlook for the domestic economy.

Government bonds fell, giving back some of the previous day's strong gains which were prompted by traders pushing out their expectations of interest rates rises to mid next year on signs growth is stalling in Africa's biggest economy.

At the bourse, the benchmark Top-40 index added 3.3 percent to 26,297.69, the highest daily increase since May 2010. It has fallen nearly 6 percent this month. The broad-based All Share index added 2.9 percent to 29,490.20 on Thursday.

The banking index surged more than 4 percent and Standard Bank, Africa's biggest lender by assets, gained 4.4 percent to 94.50 rand after reporting a surprise 11 percent rise in half-year earnings.

Resource firms such as Kumba Iron also benefited from the rally. It ended nearly 6 percent up at 499.00 rand.

Gold miner Gold Fields surged 4.9 percent to 118.00 rand, riding on record bullion prices and after reporting second quarter profits jumped 15 percent.

"We are definitely seeing a turn in sentiment," said Devin Schutte, a trader at Newstrading, but warned that trading would still be driven by news flow out of Europe.

Whispers that France and Italy could ban short selling would be negative for the markets, he said.

There has been speculation that Europe could ban short-selling after Greece banned the practice for a period of two months earlier this week.

The Johannesburg bourse's volatility index -- a measure of investor fear similar to the CBOE Volatility Index in the United States -- has spiked 24 percent since the beginning of the month.

RAND STABLE, BONDS CORRECT

The rand was at 7.24 to the dollar by 1537 GMT, up 0.28 percent on Wednesday's close in New York and off Thursday's low of 7.3438.

Traders said the rand had been cheered by a stronger euro and a firmer open on Wall Street on a better-than-expected U.S labour market report and a rebound in financial shares.

"Euro is up from 1.4130 to 1.4280 so the rand is just coming down from that mid 7.30's area. Things seem to be settling down a bit, I think we can stay at these ranges unless the Dow comes under pressure overnight," RMB trader Jim Bryson said.

But Bryson cautioned: "I think there's still potential for volatility over the next 24 hours."

Government bond yields climbed higher on Thursday in what traders was a technical correction from Wednesday's slide to multi-month lows.

The yield on the benchmark four year note closed eight basis points higher at 7.0 percent and the 15-year issue jumped 10 basis points to 8.325 percent.

Traders are bracing for another volatile session after very choppy trade on Wednesday as investors attempt to figure out where best to put their money during the global rout.

"The rand is firming on the euro/dollar bounce and positive stock futures, but expect it to remain volatile and swing with wider market flows," said emerging market analyst Christopher Shiells of Informa Global Markets.

Expectations that foreigners will keep buying South African bonds with cheap U.S. dollars is supportive of the rand and helped cap losses overnight, IGM's Shiells said.

The local forward rate agreements market -- contracts used to gauge interest rate expectations -- is pricing in a slight chance that the Reserve Bank will cut interest rates sooner than raising them.

Thu, 11 Aug 2011
Top News
[IMAGE]
South African stocks added more than 3 percent on Thursday, the biggest daily percentage increase in 15 months, boosted by sentiment generated by better-than-expected U.S. labour market data.  Full story
[IMAGE]
South Africa's government would act to shield the local economy against the impact of a new global recession, Finance Minister Pravin Gordhan said on Thursday, as data pointed to a slowdown in factory output in the second quarter.  Full story
Man threw smoke bomb, took two hostages A man fired shots and set off a smoke bomb at the Defence Ministry in Estonia's capital Tallinn and then was killed as police moved in, officials said on Thursday.  Full story
Egypt has begun procedures to end the country's three-decade old state of emergency, the government said Thursday, a key demand of the protesters who toppled President Hosni Mubarak in February.  Full story
Israel's interior minister has given final approval for a plan to build 1,600 settler homes in East Jerusalem, a project whose announcement last year during a visit by U.S. Vice President Joe Biden caused a diplomatic rift with Washington.  Full story
 
SA Business
Standard Bank posted an 11 percent rise in half-year profit on Thursday on the back of cost controls and refocusing on. . .  Full story
Gold Fields, the world's fourth-largest gold producer, reported a 15 percent rise in quarterly profit that was just shy of expectations. . .  Full story
South Africa's rand wiped out its earlier gains against the dollar on Thursday and bonds also fell as investors fled emerging. . .  Full story
Aquarius Platinum, the world's fourth-largest primary platinum producer, posted better-than-expected underlying full-year profit, as higher output and metal prices outweighed rising. . .  Full story
Nigerian conglomerate UAC plans to turn its restaurant business into a subsidiary by year end and has signed a management agreement. . .  Full story
Insurer Old Mutual is committed to offloading its majority stake in South African lender Nedbank once conditions allow, and has not. . .  Full story
South Africa's Standard Bank aims to cut its capital utilisation outside of Africa by half to $1.5 billion, its deputy chief. . .  Full story
Maize deliveries to South African silos rose to 7.073 million tonnes in the week to August 5, up from a revised. . .  Full story
South Africa will fund a proposed National Health Insurance programme through the fiscus, employers' contributions and other funding mechanisms and the government does not want the plan to increase the burden on taxpayers, Finance Minister Pravin Gordhan said on Thursday.. . .  Full story
South Africa sees a 60-40 chance against a global double dip and is ready to take action to buffer the local economy if necessary through managing debt, the budget deficit and providing stimulus, Finance Minister Pravin Gordhan said on Thursday.. . .  Full story
Company News
Shareholders are advised that BCX has entered into negotiations which, if successfully concluded, may have a material effect on the price. . .  Full story
Shareholders are advised that Mvela Group's headline earnings per share for the year ended 30 June 2011 are expected to decrease. . .  Full story
Shareholders were advised that the annual financial statements of Ansys were posted on 1 August 2011, and contain no modifications to. . .  Full story
Further to the pre-listing statement released on 7 March 2011 and the recommencement of the listing of the rand perpetual preference. . .  Full story
Datatec announced that its subsidiary Logicalis Group ("Logicalis") and its partner in Latin America, Promon SA ("Promon") have agreed changes to their ownership of Promon Logicalis Latin America Ltd ("PLLAL") that. . .  Full story
Shareholders are advised that Kagiso has entered into negotiations which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise. . .  Full story
Shareholders were advised that the company expects earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ended 30 June 2011 to be between 68% and 75%. . .  Full story
Company Results
Revenues. . .  Full story
Revenue for the interim period ended 30 June 2011 increased to R2.142 billion (2010: R1.502 billion). Gross profit rose to R496.8. . .  Full story
Rental income increased to R393 million (June 2010:R268.3 million). Net profit for the period attributable to equity holders rose to R183.4. . .  Full story
Net rental and related income amounted to EUR11.9 million (2010: EUR7.8 million), while profit before net finance expense increased to EUR10.9. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0029490.20831.632.90%
JSE Top 4017:0026297.69844.473.32%
JSE Gold17:002735.2363.362.37%
JSE Financial17:0020301.03556.742.82%
JSE Industrial17:0031214.20878.922.90%
JSE Indust 2517:0026151.83850.033.36%
JSE Resource17:0048089.561422.153.05%
DJ Futures19:5611050.00326.003.04%
DJ Ind19:4511067.10347.163.24%
SP 50020:001162.7842.023.75%
Nasdaq20:002472.8591.803.86%
FTSE 10017:355162.83155.673.11%
DAX18:065797.66184.243.28%
CAC4018:063089.6686.672.89%
Nikkei08:468981.94-56.80-0.63%
Shanghai09:262581.5132.331.27%
Hang-Seng10:2619595.14-188.53-0.95%
All Ords08:364203.50-3.90-0.09%
NZSE 5007:463208.6224.880.78%
NameTimeRPMove% Move
Gold19:591739.50-56.51-3.15%
Gold/Rand20:0012579.54-461.33-3.54%
Gold/R kg20:00404432-9681-2.34%
Silver19:5938.3300-.9050-2.31%
Platinum19:591781.2523.751.35%
Palladium19:59729.504.970.69%
R15715:057.01.111.59%
R20415:057.88.172.14%
Brent Crude19:56106.501.821.74%
Rand / Dollar19:597.2317-0.0326-0.45%
Rand / Pound19:5911.6914-0.0020-0.02%
Rand / Euro19:5910.2794-0.0138-0.13%
Rand / NZD19:585.97190.08181.39%
Rand / AUD19:597.42580.03930.53%
Yen / Dollar19:5876.86000.09000.12%
Euro / Dollar19:590.7034-0.0024-0.34%
Dollar / Euro19:591.42100.00550.39%
Pound / Dollar19:590.6168-0.0028-0.45%

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The JSE Today
 Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
11/08/201125812961448394,151,287R22,227,501,7501598383188506
10/08/201119018580455538,022,994R29,457,248,2462262342876098
08/08/20117229661429392,522,011R19,218,670,2131538712590225
05/08/20117534950474531,788,041R23,213,714,9031968542754610
04/08/20119129365449478,723,591R18,955,620,3841544412529938
Major Moves Up
SharenameSaleMove% MoveVolume
1 ROLFES  2583817.27.%825
2 ANOORAQ  4404010.00.%69235
3 WINHOLD  180159.09.%31257
4 GBGOLD  13851058.20.%224378
5 NASPERSN  3490126418.19.%2720444
6 DAWN  595458.18.%46137
7 MONDILTDP  60884017.05.%763490
8 MONDIPLCP  61483496.02.%969196
9 ILIAD  550305.77.%202006
10 COAL  735405.76.%36463
11 KUMBAIO  4990027005.72.%1331861
12 HULAMIN  655355.65.%168355
13 KELLY  400205.26.%3305
14 JUBILEE  200105.26.%258238
15 ABSA  132006595.25.%1740677
16 SPANJRD  420205.00.%2753
17 GFIELDS  118005504.89.%3579913
18 AQUARIUS  28901314.75.%21255
19 BILLITON  2290010314.71.%5692925
20 ARM   176327934.71.%416835

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Major Moves Down
SharenameSaleMove% MoveVolume
1 OANDO  220-20-8.33.%5000
2 BASREAD  1202-78-6.09.%199570
3 OCTODEC  1590-99-5.86.%41445
4 PREMIUM  1490-85-5.40.%51957
5 ALTECH  5850-249-4.08.%42764
6 RAINBOW  1620-65-3.86.%2964
7 MARSHALL  625-25-3.85.%5000
8 LITHA  250-9-3.47.%346300
9 PALLINGHT  320-10-3.03.%85212
10 TRNSHEX  320-10-3.03.%3475
11 PERGRIN  1045-30-2.79.%151063
12 AFROX  1825-52-2.77.%87057
13 PNR-FOODS  6051-149-2.40.%146452
14 NUWORLD  2000-49-2.39.%1849
15 VIVIDEND  440-10-2.22.%55000
16 URONE  2190-49-2.19.%8185
17 FAMBRANDS  4254-88-2.03.%28778
18 WBHO  10190-210-2.02.%181541
19 DELTA  730-15-2.01.%9500
20 MUSTEK  500-10-1.96.%223641

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New Highs
SharenameSaleHighMove% MoveVolume

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New Lows
SharenameSaleLowMove% MoveVolume
1 PLATMIN  313290-1-0.32.%3050
2 EHSV  42473720-3-0.07.%22694
3 BCX  44543551.14.%1231702
4 INVLTD  488745991573.32.%2680814
5 BLUETEL  435370153.57.%2466209
6 INVPLC  477545241753.80.%3429559

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Index Summary
Index NameRPMove% Move
Top 4026,297.69844.473.32%
Industrial31,214.20878.922.90%
Mid Cap40,005.53374.640.95%
Small Cap30,560.2122.470.07%
Resource 2048,089.561422.153.05%
Industrial 2526,151.83850.033.36%
Financial 157,577.57255.833.49%
Financial & Ind. 3028,988.32994.973.55%
All Share29,490.20831.632.90%
Oil & Gas 23,236.18268.791.17%
Mining 31,895.60993.833.22%
Gold Mining2,735.2363.362.37%
Platinum Mining61.621.111.83%
GENERAL MINING7,762.15279.563.74%
Oil & Gas Producers 12,493.67144.531.17%
Basic Materials 27,095.01862.783.29%
Chemicals 12,535.39-134.87-1.06%
Forestry & Paper 12,533.68621.875.22%
Industrial Metals 28,902.371267.154.59%
Industrials 26,287.60479.191.86%
General Industrials 72,237.681629.982.31%
Consumer Goods 25,856.30564.772.23%
Automobiles & Parts 3,736.36.000.00%
Household Goods138.2331.88%
Health Care 31,579.82311.161.00%
Beverages 81.672.172.73%
Index NameRPMove% Move
Food Producers 47,051.66396.030.85%
Personal Goods 393.518.092.10%
Consumer Services 51,036.811941.963.96%
General Retailers 40,975.70753.321.87%
Travel & Leisure 3,580.43-23.31-0.65%
Media 77.045.637.88%
Support Services 2,291.2440.091.78%
Telecommunications 65,996.222431.633.83%
Financials 20,301.03556.742.82%
Banks 37,896.921552.424.27%
Non-life Insurance 28,856.42.000.00%
Life Insurance 14,571.82415.632.94%
General Financial 2,104.3344.442.16%
Technology 21,542.29279.781.32%
SHARIAH TOP40 2,870.15893.20%
FTSE/JSE SHARIAH ALL2,937.15842.94%
COAL MINING22,242.024802.20%
FTSE JSE Fledgling 4,432.47290.66%
FTSE/JSE Alt X 1,109.89-4-0.38%
SA LISTED PROPERTY 378.66-0.04%
CAPPED PROPERTY 308.900.43%
RESOURCE 26,667.877642.95%
DIVIDEND PLUS160.3821.34%
FTSE/JSE RAFI 406,087.421893.21%
Capped Top 4013,813.994353.25%
Capped All Share14,892.174132.85%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
CFRCOMPAGNIE FIN RICHEMONTHOLD08 Aug
NEDNEDBANK GROUP LTDHOLD05 Aug
SBKSTANDARD BANK GROUP LIMIT...SELL05 Aug
AIPADCOCK INGRAM HLGS LDHOLD05 Aug
LHCLIFE HEALTHCARE GRP HLDG ...BUY05 Aug
Results Expected**
ExpectedCompany NameFin. Date
12 Aug 2011ARBJune 2011 (Final)
12 Aug 2011CITYLDGJune 2011 (Final)
12 Aug 2011PAN-AFJune 2011 (Final)
12 Aug 2011SACMHJune 2011 (Interim)
12 Aug 2011UNIVERSALJune 2011 (Interim)
Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
NEPI11-08-1011-09-0211-09-12R 0.0977
RESILIENT11-08-1011-08-2611-09-05R 1.0936
SHOPRIT 6%11-08-0811-08-2611-09-05R 0.0600
SHPRT 2ND511-08-0811-08-2611-09-05R 0.0500
SHOPRIT 5%11-08-0811-08-2611-09-05R 0.0500
Ex Div**
Share NameDec-DateLDTPay-DateAmount
ZURICH SA11-07-2511-08-0411-08-15R 1.0000
FOORDCMPS11-07-2011-08-0411-08-15R 0.3000
Upcoming AGMs**
CodeCompany NameDateStatus
LEWLewis Group Ltd12/08/2011Confirmed
ATRAfrica Cellular Towers Ltd17/08/2011Confirmed
SAHSouth African Coal Mining Holdings Ltd18/08/2011Confirmed
Stock Exchange News Service
DateTimeHeadline
11/08/201117:15 Old Mutual plc - Notification of transactions of directors, persons
11/08/201117:12 Business Connexion Group Limited - Cautionary announcement
11/08/201117:11 Sappi Limited - Vesting of conditional share awards granted to directors
11/08/201117:02NGP - Mvelaphanda Group Limited - Trading Statement
11/08/201117:01 Astral Foods Limited - Dealing in shares by a director
11/08/201116:53 The Spar Group Limited - Dealing in securities by a director
11/08/201116:26 Universal Industries Corporation Limited - Trading statement
11/08/201116:25OML - Old Mutual Plc - Form 8.3
11/08/201115:50GRA288 - Grayston Conduit 1 (Proprietary) Limited - New Financial Instrument
11/08/201115:50 Capital Shopping Centres Group Plc - Notification of major interests in
11/08/201115:00INL/INP - Investec Limited/Investec Plc - Form 8 (DD)- Investec Ltd
11/08/201114:54INL/INP - Investec plc/Investec Limited - Form 8 (DD)
11/08/201114:52INL/INP - Investec Limited/ Investec plc - Form 8 (DD)
11/08/201114:51 O-line Holdings Limited - Trading Statement
11/08/201114:50INL / INP - Investec Limited / Investec plc - Dealings by a Director of
11/08/201114:30 SACOIL Holdings Limited - Dealings in securities
11/08/201113:23 Mr Price Group Limited - AGM conference call and webcast details
11/08/201112:08 Hwange Colliery Company Limited - Changes to the board
11/08/201111:30 Capital Shopping Centres Group Plc - Block listing six monthly return
11/08/201111:23AMSIDE - Investec Bank Limited - Cancellation of declared dividend
11/08/201111:22 Ansys Limited - No change statement and notice of Annual General
11/08/201111:17AGLIHI - Investec Bank Limited - Cancellation of declared dividend
11/08/201111:11 Litha Healthcare Group Limited - Results of adjourned Annual
11/08/201110:51 Basil Read Holdings Limited - Trading statement for the six months
11/08/201110:40 Alexander Forbes Preference Share Investments Limited - Report on
11/08/201110:34INL/INP - Investec Limited/Investec plc - Additional listing of the Investec Plc
11/08/201110:19STXRAF - Satrix RAFI 40 - Listing of additional Satrix RAFI 40
11/08/201110:18DEUT - Deutsche Bank AG - Issue of new Index Equity WAVEs
11/08/201109:50INL/INP - Investec Limited/Investec plc - Disclosure in accordance with Rule
11/08/201109:39 Avusa Limited - Renewal of cautionary announcement
11/08/201109:00 BSI Steel Limited - Dealing in securities by directors
11/08/201108:03 Aquarius Platinum Limited - Preliminary Full Year results to 30 June
11/08/201108:01 Gold Fields Limited - Improved earnings reflect increased production and a
11/08/201108:00SBK - Standard Bank Group Limited - Standard Bank Group unaudited results and
11/08/201108:00 Datatec Limited - Logicalis and Promon extend partnership in Latin America
11/08/201108:00 Petmin Limited - Petmin advisory
11/08/201108:00 Mpact Limited - Unaudited interim results for the half-year ended 30
11/08/201107:58BIRPIF - Resilient Property Income Fund Limited - Listing of New Financial
11/08/201107:16 Labat Africa Limited - Reportable Irregularities
11/08/201107:15 Anglo American plc - Anglo American Share Incentive Plan - SIP
11/08/201107:10 British American Tobacco p.l.c - Transaction in own shares
11/08/201107:05NET40 - Clindeb Investments(Pty)Limited - New Financial Instrument Listing
11/08/201107:05 Kagiso Media Limited - Cautionary announcement
11/08/201107:05 Cipla Medpro South Africa Limited - Trading statement and clarification of

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