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 The Sharenet Daily 
Monday, 31 October 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 weaker, struggles to shake off weakness

By Phumza Macanda

JOHANNESBURG (Reuters) - South Africa's rand weakened sharply against the dollar on Monday as the greenback rallied across the board after the Bank of Japan's steps to weaken the yen.

The rand has been struggling to shrug off a weaker tone that saw it plunge to a 28-month low of 8.4950 against the dollar in September and has been at the mercy of fickle global sentiment in the past two months.

After its best week in two years, the rand was on the back foot on Monday as investors turned their backs on risky assets worried that last week's agreement to recapitalise banks was not enough to bring an end to the euro zone debt crisis.

Even data showing the biggest economy in Southern Africa recorded a surplus of 2.5 billion rand in September was not enough to boost the rand with dealers taking direction from battered world markets.

The rand was trading at 7.86 to the dollar at 1550 GMT, 1.68 percent weaker than Friday's New York close of 7.73.

"I fear the rand is going to move more towards the weaker side. I see it closer to 8.00 than 7.50 by the end of the year," said Ion de Vleeschauwer, chief dealer at Bidvest Bank.

"There are still huge structural issues in the euro zone in the medium to long term and the longer the crisis drags on the more the rand is going to remain under pressure."

With such an uncertain outlook, importers are likely to take advantage of the brief periods of rand firmness to buy dollar, limiting any significant rand gains in the near future.

South African government bonds followed the rand weaker, with yields rising from multi-week lows seen Friday.

The yield on the 2015 bond went up 3.5 basis points 6.595 percent and that on the 2026 issue was up 6.5 basis points to 8.31 percent.

Focus on Tuesday will be on Purchasing Managers' Index, which has been in contraction mode for two consecutive months and if it stays below the break-even point of 50, it will keep hopes of another rate cut alive.

Unemployment figures for the third quarter at 0930 GMT should shed further light on whether the country continues to shed jobs, even two years after it exited its first recession in almost two decades.

Mon, 31 Oct 2011
Top News
South African stocks ended their strongest month since mid 2009 on weaker note on Monday as faltering commodity prices weighed on miners.  Full story

Paper maker Mondi said on Monday it plans more cost cuts as the sector struggles to recover from a slump caused by weak demand and overcapacity, exacerbated by a slowdown in the global economy.  Full story
Three Afghans working for the Office of the United Nations High Commissioner for Refugees (UNHCR) were killed in a suicide attack in the southern Afghan city of Kandahar early on Monday, the UNHCR said, two days after a deadly bombing in the capital.  Full story
Kyrgyzstan's Moscow-backed prime minister claimed victory on Monday in a presidential election tainted by charges of voting abuses and protests by defeated challengers from the restive south of the former Soviet republic.  Full story
NATO ends its military operation in Libya at midnight on Monday, seven months after launching an air and sea campaign that helped bring the overthrow and death of Muammar Gaddafi.  Full story
Gold lost nearly 1 percent of its value in thinner-than-usual trade on Monday, after Japan's intervention to weaken the yen sent the dollar soaring. . .  Full story
Britain's top share index fell back on Monday, led by weaker miners and energy issues, as commodity prices retreated under the influence of. . .  Full story
European stocks ended the last session of the month in red on Monday, as the resurgence of worries over Italy's debt and U.S.. . .  Full story
World equities fell on Monday as commodity shares sank on a stronger dollar following Japan's intervention to weaken the yen.. . .  Full story

U.S. stocks fell more than 1 percent on Monday as enthusiasm over the agreement to tackle the euro zone debt crisis waned and. . .  Full story
U.S. stocks fell at the open on Monday after four weeks of gains, as a spike in the U.S. dollar weighed on commodity. . .  Full story
World equities fell on Monday after commodity shares were hit by a stronger dollar which jumped in the wake of Japanese intervention to. . .  Full story
Banks led European shares lower on Monday, giving up some of last week's hefty gains as demand for detail on the recent euro. . .  Full story
SA Business
When Zambian farming firm Zambeef Products began considering a dual listing of its stock, it looked at both the Johannesburg exchange. . .  Full story
Growth in credit demand by South Africa's private sector slowed to 5.47 percent year-on-year in September from 6.06 percent growth in. . .  Full story
South Africa's rand weakened sharply against U.S. dollar on Monday from last week's rally after Japanese authorities intervened to weaken their. . .  Full story
Harmony Gold, South Africa's third-largest gold producer, posted a more than three-fold increase in quarterly earnings on Monday, beating expectations on. . .  Full story

Angola plans to introduce a fund to guarantee bank deposits next year, state news agency Angop cited the country's central bank. . .  Full story
South Africa's National Union of Mineworkers said on Monday it had agreed a wage deal with Exxaro for workers at the. . .  Full story
South African retail lender Capitec Bank said it would raise up to $110 million by issuing new shares to fund its. . .  Full story
South Africa's trade account recorded a trade surplus of 2.5 billion rand in September compared with a 3.7 billion rand shortfall. . .  Full story

Harmony Gold, South Africa's third-largest gold miner, said on Monday its output target for the 2012 financial year remained unchanged after the company posted a slight increase in first-quarter production.. . .  Full story
Company News
Implats announce the appointment of Almorie Maule as an independent non-executive director to the board of directors of the company effective. . .  Full story
Shareholders were advised that the integrated annual report, which includes the audited annual financial statements, will be distributed to shareholders on. . .  Full story
Shareholders are referred to company's circular to shareholders dated 15 August 2011 ("the Circular") and to its various SENS announcements. . .  Full story
Shareholders are advised that StratCorp is currently finalising its results for the six months ended 31 August 2011 and anticipates. . .  Full story

Shareholders were referred to the announcements released on SENS on 14 June 2011, 22 August 2011, 21 September 2011 and the. . .  Full story
Great Basin announced an addition to its management team with the appointment of Joseph M (Joe) Driscoll as Vice President (VP). . .  Full story
Shareholders are referred to the article in the Business Day today regarding BSM Mining's application with the North Gauteng High. . .  Full story
On 28 October 2011 Colin Brayshaw has tendered his resignation as an independent, non-executive director of Evraz Highveld Steel and Vanadium. . .  Full story
Company Results
Revenue for the interim period ended 30 September 2011 increased to R186.6 million (2010: R151.4 million). Gross profit rose to R73.1 million (2010: R44.6 million), operating loss narrowed to R8.6 million (2010: R52.8 million), while loss for the period lowered to. . .  Full story
Revenue improved to R3.9 billion (R3.1 billion) and gross profit rose remarkably to R737 million (R88 million). The company recorded an operating profit of R585 million (loss of R159 million), while net profit attributable to ordinary shareholders grew drastically to R478. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032348.54-545.57-1.66%
JSE Top 4017:0029019.06-547.74-1.85%
JSE Gold17:003055.16-2.73-0.09%
JSE Financial17:0021740.22-190.33-0.87%
JSE Industrial17:0034520.89-461.73-1.32%
JSE Indust 2517:0029245.71-434.23-1.46%
JSE Resource17:0053068.16-1410.79-2.59%
DJ Futures19:5012005.00-163.00-1.34%
DJ Ind19:4512090.64-140.47-1.15%
SP 50020:001270.07-15.02-1.17%
FTSE 10018:355544.22-158.02-2.77%
All Ords07:454360.50-50.90-1.15%
NZSE 5006:463332.566.960.21%
NameTimeRPMove% Move
Gold/R kg20:0043639953721.25%
Brent Crude19:56109.37-1.46-1.32%
Rand / Dollar19:587.87300.17242.24%
Rand / Pound19:5512.67160.27112.19%
Rand / Euro19:5510.97210.06650.61%
Rand / NZD19:576.39920.07951.26%
Rand / AUD19:558.34680.09051.10%
Yen / Dollar19:5877.95002.27103.00%
Euro / Dollar19:550.71690.01051.49%
Dollar / Euro19:581.3942-0.0208-1.47%
Pound / Dollar19:550.6192-0.0005-0.08%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 DELRAND  750630525.00.%4481
2 SPANJRD  4207421.39.%1055
3 INDEQTY  3025220.80.%430
4 SABVEST-N  89914919.87.%7000
5 HWANGE  3904412.72.%415
6 SABLE  150015011.11.%1
7 RANGOLD  227125.58.%7000
8 VILLAGE  15464.05.%1469616
9 HOSP-B  529193.73.%4900
10 ELLIES   19773.68.%6000
11 CADIZ  26093.59.%1080800
12 HOWDEN  1450503.57.%32000
13 CBH  440153.53.%19701
14 PREMIUM  1516513.48.%364393
15 AFRIMAT  425143.41.%162579
16 COAL  708233.36.%353234
17 INVICTA  48001503.23.%60728
18 VERIMARK  12943.20.%76277
19 CMH  985303.14.%274246
20 AVUSA  2300652.91.%4770

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Major Moves Down
SharenameSaleMove% MoveVolume
1 DAWN  441-79-15.19.%31653
2 ANOORAQ  410-40-8.89.%10495
3 CLOVER  1053-75-6.65.%23859
4 BAUBA  210-14-6.25.%4200
5 TRNSHEX  300-19-5.96.%6343
6 MVELAGRP  330-19-5.44.%381774
7 HULAMIN  710-39-5.21.%78373
8 PHUMELELA  1050-50-4.55.%42643
9 HOLDSPORT  3400-150-4.23.%9800
10 CAPITEC  18200-800-4.21.%136509
11 SHOPRIT  11631-494-4.07.%2942292
12 ANGLO  29723-1177-3.81.%3733300
13 NASPERSN  37999-1501-3.80.%2200870
14 SASOL  35798-1402-3.77.%2116679
15 MAZOR  130-5-3.70.%1000
16 ESORFRANK  145-5-3.33.%494704
17 BASREAD  1380-45-3.16.%2174617
18 LONMIN  14076-420-2.90.%213156
19 PBT  135-4-2.88.%27
20 AFGRI  520-15-2.80.%113314

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New Highs
SharenameSaleHighMove% MoveVolume
1 INDEQTY  3023025220.80.%430
2 CIL  10001000232.35.%156500
3 HARMONY  10451108621511.47.%2904971
4 REMGRO  1205012195-20-0.17.%1105605
5 SANLAM  29653000-20-0.67.%3850344
6 TFG  1001410908-166-1.63.%1603923
7 TRUWTHS  80208280-155-1.90.%950610
8 RICHEMONT  45704725-131-2.79.%8209957

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New Lows
SharenameSaleLowMove% MoveVolume
1 TELKOM  30643017-32-1.03.%1483661
2 S-OCEAN  13512510.75.%32234

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Index Summary
Index NameRPMove% Move
Top 4029,019.06-547.74-1.85%
Mid Cap42,723.63-266.76-0.62%
Small Cap31,662.96-189.55-0.60%
Resource 2053,068.16-1410.79-2.59%
Industrial 2529,245.71-434.23-1.46%
Financial 158,132.39-88.62-1.08%
Financial & Ind. 3032,041.21-441.41-1.36%
All Share32,348.54-545.57-1.66%
Oil & Gas 27,089.45-1061.69-3.77%
Mining 34,786.04-796.08-2.24%
Gold Mining3,055.16-2.73-0.09%
Platinum Mining66.50-.49-0.73%
GENERAL MINING8,421.77-272.23-3.13%
Oil & Gas Producers 14,565.50-570.85-3.77%
Basic Materials 29,276.23-645.88-2.16%
Chemicals 12,726.86-128.33-1.00%
Forestry & Paper 12,033.25-190.34-1.56%
Industrial Metals 28,349.76-331.69-1.16%
Industrials 28,085.73-255.00-0.90%
General Industrials 79,292.87-978.59-1.22%
Consumer Goods 30,560.02-362.14-1.17%
Automobiles & Parts 3,824.67-22.65-0.59%
Household Goods151.25-4-2.78%
Health Care 35,374.0769.650.20%
Beverages 100.29-.05-0.05%
Index NameRPMove% Move
Food Producers 51,936.56-263.94-0.51%
Personal Goods 456.43-13.09-2.79%
Consumer Services 56,891.04-1523.61-2.61%
General Retailers 47,763.45-710.79-1.47%
Travel & Leisure 3,527.90-17.40-0.49%
Media 83.74-3.18-3.66%
Support Services 2,250.775.860.26%
Telecommunications 67,648.15-511.33-0.75%
Financials 21,740.22-190.33-0.87%
Banks 40,244.57-349.03-0.86%
Non-life Insurance 34,632.55-147.92-0.43%
Life Insurance 16,271.59-316.77-1.91%
General Financial 2,203.31-15.59-0.70%
Technology 23,859.22107.220.45%
SHARIAH TOP40 3,134.22-70-2.19%
FTSE/JSE SHARIAH ALL3,189.36-65-2.01%
COAL MINING24,560.63-393-1.57%
FTSE JSE Fledgling 4,542.79170.39%
FTSE/JSE Alt X 1,203.89312.62%
RESOURCE 29,340.78-736-2.45%
DIVIDEND PLUS173.25-1-0.83%
FTSE/JSE RAFI 406,672.78-118-1.73%
Capped Top 4015,258.38-276-1.78%
Capped All Share16,338.54-272-1.64%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
01 Nov 2011CARAugust 2011 (Interim)
02 Nov 2011REBOSISAugust 2011 (Final)
02 Nov 2011SANTOVAAugust 2011 (Interim)
02 Nov 2011WILDRNESSAugust 2011 (Interim)
03 Nov 2011AFRIMATAugust 2011 (Interim)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
BLACKSTAR11-10-2811-11-0411-12-02R 0.0650
NUWORLD11-10-2711-12-0211-12-12R 0.2950
BARWORLD611-10-2711-11-1111-11-21R 0.0600
SPANJAARD11-10-2711-11-1111-11-21R 0.1000
OCTODEC11-10-2111-11-1111-11-21R 0.6430
Ex Div**
Share NameDec-DateLDTPay-DateAmount
SBR00311-08-0511-10-2811-11-07R 1.5200
PSG11-10-1411-10-2811-11-07R 0.2600
EXCELL11-09-2811-10-2811-11-07R 0.0400
LONFIN11-10-1411-10-2811-11-25R 0.0030

Upcoming AGMs**
CodeCompany NameDateStatus
AMEAfrican Media Entertainment Ltd31/10/2011Confirmed
SHP4Shoprite Holdings Ltd31/10/2011Confirmed
SHP5Shoprite Holdings Ltd31/10/2011Confirmed
SHPShoprite Holdings Ltd31/10/2011Confirmed
SHP1Shoprite Holdings Ltd31/10/2011Confirmed

Stock Exchange News Service
31/10/201117:45 Impala Platinum Holdings Limited - Implats appoints a new Independent Non-
31/10/201117:36ELR/ELRP - ELB Group Limited - No change statement and notice of Annual General
31/10/201117:27 Grand Parade Investments Limited - Proposed Restructure - Conditions
31/10/201117:25 Datacentrix Holdings Limited - Change of sponsor
31/10/201117:25OML - Old Mutual Plc - Form 8.3
31/10/201117:24 Metmar Limited - Dealings in securities by directors
31/10/201117:00 Stratcorp Limited - Trading Update
31/10/201116:30 Woolworths Holdings Limited - Exercise of options and subsequent
31/10/201116:28BIIND - iNdwa Investments Limited - New Instrument Listing and Listing of Tap
31/10/201116:15 RBA Holdings Limited - Designated Adviser dealing in securities
31/10/201116:00 African Dawn Capital Limited - Results of the rights offer
31/10/201116:00 Life Healthcare - Trading Statement
31/10/201115:46 Invicta Holdings Limited - Trading statement for the six months ended 30
31/10/201115:24 AH-Vest Limited - Trading update
31/10/201115:13THEE - The Competition Commission - Commission refers predatory pricing case
31/10/201115:00CLR/CLRP - Clover Industries Limited - Dealing in securities by a
31/10/201114:30 Great Basin Gold Limited - Appointment of Vice President for the Nevada
31/10/201114:08 Anglo American plc - Treasury shares - transfers
31/10/201114:06UTR - Unitrans Services Limited - Results of meeting of
31/10/201113:44INL/INP - Investec Limited/Investec plc - Form 8 (DD)
31/10/201113:43INL/INP - Investec Limited/Investec plc - Form 8 (DD)
31/10/201113:22 Wescoal Holdings Limited - Legal dispute with BSM Mining
31/10/201113:20 Capital Shopping Centres Group Plc - Notification of transactions
31/10/201113:10CBL09 - Capitec Bank Limited - Interest rate reset announcement
31/10/201113:08 Rolfes Technology Holdings Limited - Dealing in securities by a
31/10/201113:07BIBG3 - Blue Granite Investments No.3 (Proprietary) Limited - New
31/10/201113:00 Evraz Highveld Steel and Vanadium Limited - Resignation of independent
31/10/201112:53 Alert Steel Holdings Limited - Pro-forma restructured statement
31/10/201112:30INL/INP - Investec Limited/Investec plc - Voting Rights and Capital
31/10/201112:24FRC08 - FirstRand Bank Limited - Interest rate reset announcement
31/10/201111:37 Firestone Energy Limited - Appendix 5B Mining exploration entity
31/10/201111:22 Firestone Energy Limited - Quarterly activities report for the
31/10/201111:19GEN - FTSE/JSE Africa Index Series - Chemical Specialities (South Africa):
31/10/201111:17 Net 1 UEPS Technologies, Inc. - Notice of Annual General Meeting
31/10/201111:14GEN - FTSE/JSE Africa Index Series - Chemical Specialities - Shares in Issue
31/10/201111:11GEN - FTSE/JSE Africa Index Series - Santova Logistics - Transfer of Listing
31/10/201111:06ASA/ABSP - Absa Group Limited/Absa Bank Limited - Reference to Barclays
31/10/201111:00 Shoprite Holdings Limited - Results of Annual General Meeting
31/10/201110:58 DiamondCorp plc - Total voting rights
31/10/201110:48 Tawana Resources NL - Mining Exploration entity quarterly report
31/10/201110:45 SABMiller plc - Total voting rights and capital
31/10/201110:25 Rolfes Technology Holdings Limited - Acquisition of Agchem
31/10/201110:21 Country Bird Holdings Limited - Country Bird Holdings repays
31/10/201110:20 Country Bird Holdings Limited - Notification in terms of section
31/10/201110:19 Metrofile Holdings Limited - No change statement and notice of
31/10/201110:15 Country Bird Holdings Limited - Dealings in securities
31/10/201110:15INL/INP - Investec Limited/Investec Plc - Disclosure in accordance with Rule
31/10/201109:05SCIB - The Standard Bank of South Africa Limited - Issue of stock
31/10/201109:04 Redefine Properties International Limited - Notice of period end results
31/10/201109:00 Capital Shopping Centres Group Plc - Interim Management Statement for
31/10/201109:00 Shoprite Holdings Limited - Operational update
31/10/201109:00MND/MNP - Mondi Limited/Mondi plc - Interim Management Statement 31
31/10/201108:32 Taste Holdings Limited - Change in company secretary
31/10/201108:32 Aquarius Platinum Limited - Posting of annual report
31/10/201108:32 Aquarius Platinum Limited - Notice of Annual General Meeting and
31/10/201108:30CPI/CPIP - Capitec Bank Holdings Limited - Proposed placing of up to 4,644,952
31/10/201108:27 AFGRI Limited - Dealings in securities by directors
31/10/201108:24 Bonatla Property Holdings Limited - Unaudited consolidated condensed
31/10/201108:00 Chemical Specialities Limited - Interim results for the six months ended
31/10/201107:30 JD Group Limited - Trading Statement
31/10/201107:10 British American Tobacco p.l.c - Transaction in own shares
31/10/201107:06 Harmony Gold Mining Company Limited - Harmony achieves record operating
31/10/201107:06NBAGL2 - Nedbank Capital - Expiry and delisting announcement in relation
31/10/201107:05 Harmony Gold Mining Company Limited - Results for the period ended

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