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 The Sharenet Daily 
Tuesday, 27 September 2011 - 20:00
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 up 3 pct vs. dollar, bonds follow

JOHANNESBURG (Reuters) - South Africa's rand firmed over three percent on the dollar on Tuesday and was the biggest gainer in a basket of emerging market currencies watched by Reuters, as investors returned to riskier assets on hopes Europe's debt crisis will be solved.

The rand surged on the day as the market also saw last week's heavy losses as overdone, while bonds rallied in line with better global sentiment.

The rand has lost 22 percent so far this month, falling to its worst level in over two years on Thursday.

However, it has been on a major bounce in the last three sessions, recovering 8 percent since hitting a 28-month low of 8.4950 on Thursday. By 1530 GMT it was trading 2.86 percent firmer against the dollar at 7.80, after earlier hitting 7.7813. It closed at 8.03 in New York on Monday.

Global markets are encouraged by hopes that European policymakers will ease the region's debt crisis.

"Its part of a pull back after last week's blowout, most things are stabilising. There is a little bit of risk back-on after those shenanigans: last week's move on the rand was very much an overshoot, so everything is coming back into line," said Jim Bryson, a trader at Rand Merchant Bank.

Sentiment is likely to remain fragile though until investors see decisive action to curb European debt, and with some traders waiting it out, volume is at it lowest in three days and moves are somewhat exaggerated.

"We've seen in the last few weeks that any kind of stability tends to be fleeting and therefore we're going to take this all with a pinch of salt," Bryson said.

He said 7.80 was the next key level for the currency, after breaking through the psychological 8 rand level in two sessions.

Government bonds followed the firmer trend, taking advantage of the risk-on trade to attract some foreigners back into the market. The 2015 yield closed 18 basis points lower at 6.88 percent. The yield on the 2026 note fell 14 basis points on the day to 8.44 percent.

"Demand for risk globally which began in U.S equity markets overnight filtered through. That's seen the rand and bonds rally quite significantly and it looks like with the currency going below 7.80 now ... I suspect we'll see more bond strength come tomorrow morning," said Richard Farber, bond trader at World Wide Capital Securities.

Tue, 27 Sep 2011
Top News
South African stocks surged nearly 4 percent on Tuesday, booking their biggest one-day percentage rise in 16 months, as beaten down shares were lifted by renewed optimism that Europe would deal with its debt crisis.  Full story

South Africa's rand extended its gains against the dollar to three percent on Tuesday as investors bought high-risk assets including global stocks, hopeful that European policymakers will come up with measures to ease the euro zone debt crisis.  Full story
A Libyan commander leading the attack on Muammar Gaddafi's hometown of Sirte said on Tuesday he was in talks with elders inside the city about a truce, but the head of another anti-Gaddafi unit rejected negotiations.  Full story
Two subway trains collided in Shanghai on Tuesday injuring more than 270 passengers, 20 critically, prompting public anger two months after a crash between two high-speed trains and renewing concerns about China's aggressive rail building plans.  Full story
Rahul Gandhi, heir to the family dynasty that has dominated politics in the world's biggest democracy for generations, was trying to make himself heard in the uproar of India's parliament.  Full story
U.S. stocks extended a recent rally and rose more than 2 percent on Tuesday on euro- zone officials' efforts to solidify the region's. . .  Full story
Stocks on major world exchanges were headed for their largest daily gain in 16 months on Tuesday and commodities also jumped on rising. . .  Full story
Gold rose 2 percent on Tuesday as a recoil in the dollar and renewed investor risk appetite helped the precious metal's recovery from. . .  Full story
European shares jumped on Tuesday to make their largest percentage gain since May 2010 and on track to make their biggest weekly gain. . .  Full story

Britain's top share index gained strongly on Tuesday, posting its biggest one-day percentage gain for 16 months, boosted by a rally from commodity. . .  Full story
Hong Kong shares extended their gains on Tuesday, with Ping An Insurance (Group) Co of China Ltd leading the way among outperforming mainland large. . .  Full story
Australian stocks closed 3.6 percent higher on Tuesday, the biggest daily gain in almost three years, after miners and banks led a relief. . .  Full story
The Nikkei average climbed almost 3 percent on Tuesday, bouncing off a 2-1/2 year closing low marked the previous day on a rush. . .  Full story
SA Business
Harmony Gold, South Africa's third-largest gold miner, said on Tuesday it had suspended operations at its Evander mine after an accident led to fatalities at the operation.. . .  Full story
South Africa exported 42,402 tonnes of white maize last week compared with 9,056 tonnes in the previous week, the South African Grain Information Service (SAGIS) said on Tuesday.. . .  Full story
South Africa's rand strengthened as much as 1.3 percent on Tuesday to a week-high against the dollar as hopes for a rescue of debt-ridden countries in Europe took some pressure off. . .  Full story

South Africa slightly cut its May 2010-April 2011 season maize output forecast on Tuesday, citing a lower pace of deliveries to. . .  Full story
. . .  Full story
South Africa's FirstRand plans to start a retail banking business in India in December, the Business Day newspaper said on Tuesday.. . .  Full story
ArcelorMittal South Africa, a unit of the world's largest steelmaker, said it would not proceed with a much-criticised black economic empowerment. . .  Full story

Unicharm Corp , Asia's top maker of disposable diapers, wants to raise the local materials procurement ratio at its overseas locations to nearly 100 percent from around 65 percent, to cope with heavy swings in currency markets, its top executive said on Tuesday.. . .  Full story
ArcelorMittal South Africa, a unit of the world's largest steelmaker, said it would not proceed with a much-criticised black economic empowerment deal after its conditions were not met.. . .  Full story
Company News
DRDGOLD announced that the Business Rescue Practitioner overseeing business rescue proceedings at its 74%-owned Blyvooruitzicht Gold Mining Company Ltd ("Blyvoor") has. . .  Full story
Moneybox has sold 49 773 Keaton shares on the open market at R2.58 per share on Friday, 23 September 2011, for. . .  Full story
Business Day reported that Anglo is taking a second crack at getting in on Western Australia's vast iron-ore deposits with a. . .  Full story
Cenrand, the South African gold mining and exploration holding company, announced that the company has received notice from the Ministry of. . .  Full story
Company Results
Revenue for the interim period more than doubled to R82.9 million (2010: R35.6 million). Gross profit increased to R33 million (2010:. . .  Full story
Revenue increased by 8.9% to R826.4 million (R759.1 million). Operating profit was up 17.5% to R69 million (R58.8 million). Net attributable. . .  Full story
Revenue for the interim period ended 30 June 2011 increased to R221 million (2010: R211.7 million). Gross profit rose to R91.6. . .  Full story
The results showed that revenue increased by 38.2% to R773 million, compared to June 2010 of R559.3 million. Net attributable profit. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0030752.401033.843.48%
JSE Top 4017:0027493.631032.263.90%
JSE Gold17:002884.17-19.65-0.68%
JSE Financial17:0021024.24593.432.90%
JSE Industrial17:0032622.54963.663.04%
JSE Indust 2517:0027516.65906.973.41%
JSE Resource17:0050309.162150.064.46%
DJ Futures19:4611250.00286.002.61%
DJ Ind19:4511347.73303.872.75%
SP 50020:001193.6630.712.64%
FTSE 10026/095089.3722.560.45%
All Ords08:354063.50135.903.46%
NZSE 5006:463292.8310.120.31%
NameTimeRPMove% Move
Gold/R kg20:004136288290.20%
Brent Crude19:56108.031.601.50%
Rand / Dollar19:597.8145-0.2109-2.63%
Rand / Pound19:5512.2304-0.2415-1.94%
Rand / Euro19:5510.6694-0.2064-1.90%
Rand / NZD19:586.1807-0.0794-1.27%
Rand / AUD19:557.8058-0.1088-1.37%
Yen / Dollar19:5976.69200.30900.40%
Euro / Dollar19:550.7330-0.0060-0.81%
Dollar / Euro19:591.36360.01100.81%
Pound / Dollar19:550.6377-0.0050-0.78%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 RANGOLD  2593415.11.%4585
2 AFRO-C  2252512.50.%127000
3 AME  460050012.20.%19600
4 EASTPLATS  590509.26.%67564
5 CARGO  1000798.58.%100
6 KUMBAIO  4666933197.66.%927601
7 EXXARO  1866011386.49.%1942609
8 ANGLO  2968516856.02.%4073388
9 BILLITON  2294912996.00.%6341648
10 CIL  930505.68.%753
11 GBGOLD  1500805.63.%150
12 NASPERSN  3610018055.26.%2560772
13 CASHBIL  100994995.20.%18777
14 DAWN  499245.05.%155978
15 NEDCOR  138556605.00.%855340
16 MTN  137146535.00.%7407890
17 ARB  320154.92.%61220
18 GOLIATH  325154.84.%417578
19 HOLDSPORT  31481414.69.%100
20 ARM   184108034.56.%252536

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Major Moves Down
SharenameSaleMove% MoveVolume
1 ELLIES   190-10-5.00.%10754
2 MUSTEK  547-28-4.87.%61451
3 BEIGE-PR2  150-5-3.23.%1671
4 OANDO  160-5-3.03.%55206
5 CAT  1450-37-2.49.%6714
6 HOSP-A  1251-31-2.42.%7400
7 KAP  230-5-2.13.%10032
8 TELEMASTR  142-3-2.07.%117505
9 VERIMARK  156-3-1.89.%6020
10 KEATON   260-5-1.89.%8900
11 ANOORAQ  494-9-1.79.%8748
12 CLOVER  1100-20-1.79.%58611
13 JUBILEE  170-3-1.73.%97031
14 AQUARIUS  2360-40-1.67.%194744
15 DIGICOR  295-5-1.67.%6500
16 ALTECH  5802-98-1.66.%61489
17 PREMIUM  1525-25-1.61.%16512
18 CAPCO  2106-34-1.59.%47225
19 DISTELL  6800-100-1.45.%4958
20 BRIMST-N  690-10-1.43.%11822

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New Highs
SharenameSaleHighMove% MoveVolume
1 CIL  930930505.68.%753
2 CASHBIL  10099100994995.20.%18777
3 METROFILE  23823862.59.%30171

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New Lows
SharenameSaleLowMove% MoveVolume
1 ALTRON  24442297-35-1.41.%40513
2 COAL  671635-9-1.32.%1413839
3 SASFIN  295029050.4214
4 SUNINT  83158280150.18.%201913
5 AFROX  17001650201.19.%137580

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Index Summary
Index NameRPMove% Move
Top 4027,493.631032.263.90%
Mid Cap41,229.12587.561.45%
Small Cap31,144.08190.510.62%
Resource 2050,309.162150.064.46%
Industrial 2527,516.65906.973.41%
Financial 157,876.88258.533.39%
Financial & Ind. 3030,376.911031.483.51%
All Share30,752.401033.843.48%
Oil & Gas 25,570.301039.974.24%
Mining 33,031.851362.744.30%
Gold Mining2,884.17-19.65-0.68%
Platinum Mining63.362.243.66%
GENERAL MINING7,989.34447.705.94%
Oil & Gas Producers 13,748.68559.174.24%
Basic Materials 27,905.381135.384.24%
Chemicals 12,462.97113.720.92%
Forestry & Paper 12,538.21231.331.88%
Industrial Metals 27,447.871408.305.41%
Industrials 26,987.06536.042.03%
General Industrials 75,066.511770.712.42%
Consumer Goods 27,767.22684.282.53%
Automobiles & Parts 3,623.132.260.06%
Household Goods146.0442.82%
Health Care 33,962.68537.641.61%
Beverages 90.701.852.08%
Index NameRPMove% Move
Food Producers 48,361.44526.701.10%
Personal Goods 409.7914.583.69%
Consumer Services 53,432.761718.703.32%
General Retailers 43,026.951023.942.44%
Travel & Leisure 3,466.4015.420.45%
Media 79.613.875.11%
Support Services 2,177.24-1.64-0.08%
Telecommunications 67,496.933123.504.85%
Financials 21,024.24593.432.90%
Banks 39,560.071384.193.63%
Non-life Insurance 33,553.47805.072.46%
Life Insurance 15,595.14542.943.61%
General Financial 2,075.4145.742.25%
Technology 23,071.24250.371.10%
SHARIAH TOP40 2,976.441244.34%
FTSE/JSE SHARIAH ALL3,040.481174.01%
COAL MINING25,382.6013195.48%
FTSE JSE Fledgling 4,482.32420.95%
FTSE/JSE Alt X 1,115.83211.92%
RESOURCE 27,838.6611464.29%
DIVIDEND PLUS165.1842.35%
FTSE/JSE RAFI 406,363.912283.72%
Capped Top 4014,472.625263.77%
Capped All Share15,545.255163.43%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
28 Sep 2011ALTECHAugust 2011 (Interim)
28 Sep 2011CAPITECAugust 2011 (Interim)
28 Sep 2011CAPITEC-PAugust 2011 (Interim)
29 Sep 2011HARDWAREJune 2011 (Final)
29 Sep 2011POYNTINGJune 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
AMAPS11-09-2611-10-1411-10-24R 0.0800
PUTPROP11-09-2311-10-1411-10-24R 0.1500
HYPROP11-09-2311-10-0711-10-17R 0.6500
FONEWORX11-09-2311-10-0711-10-17R 0.0120
FONEWORX11-09-2311-10-0711-10-17R 0.0430
Ex Div**
Share NameDec-DateLDTPay-DateAmount
A-V-I11-09-0511-09-2311-10-03R 0.7500
BIPSTOP4011-08-3111-09-2311-10-03R 0.2904
GROUP 511-08-1511-09-2311-10-03R 0.2000
MUSTEK11-08-2611-09-2311-10-03R 0.1700
BIPINF11-08-3111-09-2311-10-03R 0.1433

Upcoming AGMs**
CodeCompany NameDateStatus
SKWSkinwell Holdings Ltd28/09/2011Confirmed
OMNOmnia Holdings Ltd28/09/2011Confirmed
OMPOmnia Holdings Ltd28/09/2011Confirmed
ZCIZCI Ltd28/09/2011Confirmed
PSVPSV Holdings Ltd29/09/2011Confirmed

Stock Exchange News Service
27/09/201117:17ESPIBT - Investec Bank Limited - Adjustment to the issue size of ESPIBT - Equity
27/09/201117:06 Avusa Limited - Dealing in shares by a director of a major subsidiary
27/09/201117:05 Avusa Limited - Dealing in shares by an executive director
27/09/201116:25OML - Old Mutual plc - Form 8.3
27/09/201116:21ACT/ACTP - AfroCentric Investment Corporation Limited - Full year audited
27/09/201116:12 Shoprite - Dealing In Securities by a Non-Executive Director
27/09/201116:00 Holdsport Limited - Unaudited interim condensed consolidated results
27/09/201115:15BIDEN - Denel SOC Limited - Listing of New Financial Instrument
27/09/201115:14FRS53 - FirstRand Bank Limited - Interest Rate Reset Announcement
27/09/201114:59 Drdgold Limited - Blyvoor gives notice of intention to reduce
27/09/201114:50 Kaydav Group Limited - Resolutions of the shareholders of Kaydav
27/09/201114:40 Alert Steel Holdings Limited - Results of general meeting
27/09/201113:57CLN000141 - The Standard Bank Of South Africa Limited - Interest rate
27/09/201113:51CLN000140 - The Standard Bank Of South Africa Limited - Interest Rate
27/09/201113:50CLN000133 - The Standard Bank Of South Africa Limited - Interest Rate
27/09/201113:49CLN000132 - The Standard Bank Of South Africa Limited - Interest Rate
27/09/201113:48CLN000128 - The Standard Bank Of South Africa Limited - Interest Rate
27/09/201113:47CLN000124 - The Standard Bank Of South Africa Limited - Interest Rate
27/09/201113:46CLN000120 - The Standard Bank Of South Africa Limited - Interest Rate
27/09/201113:15 BSI STEEL Limited - Dividend declaration
27/09/201112:18 Harmony Gold Mining Company Limited - Fatal accident at Harmony`s
27/09/201111:58 Cape Empowerment Limited - Trading statement
27/09/201111:49 Growthpoint Properties Limited - Dealing in securities by a director
27/09/201111:38 Keaton Energy Holdings Limited - Sale of shares by Moneybox Investments
27/09/201111:15ING128 - iNguza Investments (Proprietary) Limited - Listing of New
27/09/201111:11INL/INP - Investec Limited/Investec plc - Form 8 (DD)
27/09/201111:10INL/INP - Investec - FORM 8 (DD)
27/09/201110:41 Telemasters Holdings Limited - Notice of declaration of cash
27/09/201110:40 TeleMasters - Unaudited condensed consolidated interim results for the
27/09/201110:19 Datacentrix Holdings Limited - Voluntary trading statement
27/09/201110:00 Illovo Sugar Limited - Investors/Analysts - Presentation / Site
27/09/201109:50INL/INP - Investec Limited/ Investec plc - Disclosure in accordance with Rule
27/09/201109:07 Metair Investments Limited - Directors` dealings in securities
27/09/201109:00 Jasco Electronics Holdings Limited - Provisional Audited results
27/09/201108:45 Resilient Property Income Fund Limited - Dealing in securities
27/09/201107:14 Pallinghurst Resources - Release of Pallinghurst 2011 interim report
27/09/201107:10 Anglo American plc - Treasury Shares - Transfers
27/09/201107:10 British American Tobacco p.l.c.- Transaction in own shares
27/09/201107:05CCO - Capital & Counties Properties PLC - Notification of major interests in
27/09/201107:05 Central Rand Gold Limited - Cancellation of mining right

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