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The Sharenet Daily 
Thursday, 24 November 2011 - 20:00
 
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 rand off 30-month lows, bonds mixed

By Phumza Macanda

JOHANNESBURG (Reuters) - South Africa's rand firmed against the dollar on Thursday, bouncing from 30-month lows but remains vulnerable to how heavily the euro crisis weighs on risk appetite.

A close stronger than 8.50 will be seen as a sign that the rand might not weaken further.

Trading volumes were thinner as U.S. markets were closed for Thanksgiving holiday.

Government bonds were mixed and yields, which move inversely to the price, were off two-month highs after sharp losses in the previous session.

The rand was trading at 8.4830 to the dollar at 1610 GMT, 1.2 percent stronger than Wednesday's New York close of 8.5850.

"The domestic currency has pulled back somewhat, likely on profit taking, and it could even move right back to 7.95/dollar - the quarter average to date," said Annabel Bishop, economist at Investec in a note.

Bishop said there was a 50 percent chance it could end the year at 7.95 if the euro zone "institutes a range of measures which will convince markets that its sovereign debt crisis will not spill over into a financial meltdown (without further bad news from the U.S. or other major economies)".

The rand has lost has lost over 28 percent against the dollar so far this year, mainly as investors dump risky assets on worries about how deep the euro crisis will go.

Finance Minister Pravin Gordhan is due to speak at around 1800 GMT in Johannesburg and may re-iterate government's concerns about the impact of the euro zone crisis.

On fixed income, the yield on the 2015 bond was down two basis points to 6.98 percent and that on the 2026 issue was up 0.5 basis points to 8.66 percent.

"The R157 yield still targets levels of 7.10 in the short-term, where an overhead trendline is expected to give some support, and see bids return to market," said Tradition Analytics in a note.

"In light of the rand sell-off and substantial rise of bond yields, interest must be piqued in a big way for foreigners to up exposure to domestic bonds once again."

Thu, 24 Nov 2011
Top News
[IMAGE]
South Africa stocks rose 0.9 percent on Thursday, as retailers such as Shoprite recovered from a recent sell-off, but broader gains were limited by renewed concerns about the outlook for the euro zone debt crisis.  Full story
[IMAGE]
South Africa's ruling ANC is looking at ways to finance its efforts to boost jobs in agriculture and mining, which may include getting pension funds to buy more bonds, the head of its economic transformation committee said on Thursday.  Full story
Egyptian protesters and police observed a truce on Thursday after violence that has killed 39 people in five days, but said they would intensify pressure for an end to army rule with a mass rally on Friday in Tahrir Square backed by trade unions.  Full story
The Arab League said on Thursday it was giving Syria 24 hours to sign a deal to accept Arab monitors under a plan to end an eight-month crackdown on protests, or risk sweeping economic sanctions.  Full story
Gunmen killed at least five people protesting against a deal to end the rule of Ali Abdullah Saleh in Yemen's capital on Thursday, a day after the president bowed to pressure and agreed to step down, while the army killed 17 Islamists in the south.  Full story
 
Markets
European shares fell for the sixth consecutive session on Thursday in low volume after German Chancellor Angela Merkel renewed her position against changing the. . .  Full story
Gold steadied on Thursday to around $1,700 an ounce after its decline to one-month lows this week triggered some bargain hunting, with a. . .  Full story
European shares were higher on Thursday after five days of losses, helped by a surprise pick-up in German business sentiment, though strategists said worries. . .  Full story
Britain's top share index rose in volatile midsession trade on Thursday after eight straight days of losses, albeit in wafer thin volumes, with. . .  Full story
German government bond yields hit their highest in nearly a month and world stocks held near 7-week lows on Thursday, a day after. . .  Full story
European shares pared gains in early trade on Thursday in a choppy session, with volumes expected to be light throughout the day as. . .  Full story
Hong Kong shares closed higher on Thursday, lifted by a bout of short-covering in some technically oversold names and finishing above chart supports, but. . .  Full story
Gold regained strength on bargain hunting on Thursday but declines in equities blamed on the euro zone crisis could prompt investors to sell. . .  Full story
SA Business
Kenya's CFC Stanbic Bank posted a 58 percent increase in pretax profit during the nine months ended September to 2.4 billion shillings on the back of higher interest income, it said. . .  Full story
Mozambique is looking to raise $1.8 billion to fund a new power transmission line to link the Cahora Bassa hydroelectric dam to its capital Maputo, the head of the national power. . .  Full story
Yields on South African 15-year government bonds hit a seven-month high on Thursday as investors shifted to short-term safe-haven debt amid fears of a worsening EU credit crisis, while the rand. . .  Full story
South Africa's National Union of Mineworkers (NUM) said on Thursday it had reached a two-year wage agreement with miner Northam Platinum,. . .  Full story
South Africa will no longer require Japan's Kansai Paint to sell part of its local unit Freeworld Coatings on competition grounds,. . .  Full story
South Africa's rand strengthened over 1.6 percent against the dollar on Thursday, backing away from a 2-1/2-year low reached the previous. . .  Full story
. . .  Full story
South Africa's state-owned oil company PetroSA said on Thursday it had appointed Nosizwe Nocawe Nokwe as chief executive officer effective March 2012.. . .  Full story
Company News
The company's strategic objective is to strengthen the insurance business, excel in balance sheet management, and diversify revenue streams. The third. . .  Full story
As part of Mvelaphanda Group Ltd's commitment to its unbundling strategy, as announced at the annual results presentation of the company. . .  Full story
The following transaction was disclosed:. . .  Full story
Capshop announced that it has agreed terms to acquire the remaining 25% interest in Broadmarsh in Nottingham from Possfund Custodian Trustee. . .  Full story
Shareholders are advised that all of the ordinary and special resolutions proposed at the AGM of Sasfin held today, 24 November 2011, were approved by the requisite number of shareholders. The. . .  Full story
Coal advised that the company and the Save Mapungubwe Coalition (the coalition), consisting of the Endangered Wildlife Trust, BirdLife South Africa, Wilderness Foundation South Africa, World Wide Fund for Nature South. . .  Full story
Business Day reported that Grindrod aims to almost double coal-handling capacity at the Matola terminal in Mozambique to 4.5 million tons. Grindrod's commercial executive, Craig Grinyer, said that the terminal currently. . .  Full story
Company Results
Turnover increased by 6% to R20.4 billion (R19.3 billion). Net attributable profit was up by 18% to R2.6 billion (R2.2 billion).. . .  Full story
Revenue increased to R4 094.4 million (R3 968.5 million) and operating profit improved to R1 080.4 million (R1 025.8 million). Profit. . .  Full story
Revenue increased by 0.3% to R15 819 million (R15 774 million), while operating profit showed an increase of 21.9% to R1. . .  Full story
Revenue increased to R2.9 billion (R2.3 billion). Gross profit rose to R1 billion (R839 million), but profit from operations declined to. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0531201.82245.630.79%
JSE Top 4017:0527848.75240.070.87%
JSE Gold17:003100.4338.541.26%
JSE Financial17:0521073.57211.601.01%
JSE Industrial17:0033267.66333.041.01%
JSE Indust 2517:0027936.20305.161.10%
JSE Resource17:0050985.06199.430.39%
DJ Futures18:4611216.00-18.00-0.16%
DJ Ind23/1111257.55-236.17-2.05%
SP 50023/111161.79-26.25-2.21%
Nasdaq23/112460.08-61.20-2.43%
FTSE 10018:355127.57-12.21-0.24%
DAX18:465449.35-8.42-0.15%
CAC4018:462834.2911.860.42%
Nikkei08:268165.18-149.56-1.80%
Shanghai09:262397.552.490.10%
Hang-Seng10:2617935.1070.670.40%
All Ords07:384115.30-10.50-0.25%
NZSE 5006:463241.10-27.56-0.84%
NameTimeRPMove% Move
Gold19:591693.151.140.07%
Gold/Rand19:5814352.41-133.82-0.92%
Gold/R kg19:56461493-1828-0.39%
Silver19:5931.8080.06300.20%
Platinum19:591536.00-4.88-0.32%
Palladium19:56573.78-5.70-0.98%
R15717:066.97-.02-0.29%
R20417:067.92-.05-0.63%
Brent Crude19:56107.75.520.48%
Rand / Dollar19:588.4764-0.0847-0.99%
Rand / Pound19:5513.1040-0.1777-1.34%
Rand / Euro19:5511.3087-0.1327-1.16%
Rand / NZD19:586.2776-0.0564-0.89%
Rand / AUD19:558.2498-0.0725-0.87%
Yen / Dollar19:5977.0600-0.2220-0.29%
Euro / Dollar19:550.74960.00060.08%
Dollar / Euro19:591.3339-0.0010-0.07%
Pound / Dollar19:550.64530.00160.25%

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The JSE Today
 Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
24/11/201119612978403218,329,568R10,613,142,870655292015001
23/11/20119325968420297,239,153R13,201,222,8831127182443576
22/11/201119415492440337,016,683R16,306,299,1811017412416393
21/11/20118827179438242,104,097R10,164,630,106839222135124
18/11/20119626869433289,356,549R11,330,044,945959822348300
Major Moves Up
SharenameSaleMove% MoveVolume
1 WITSGOLD  449049012.25.%115
2 COAL  6626210.33.%1206642
3 VILLAGE  180127.14.%2361619
4 KELLY  364247.06.%112870
5 WINHOLD  11665.45.%8000
6 REDEFINTL  550183.38.%142400
7 PETMIN  25083.31.%423117
8 MIXTEL  16053.23.%119870
9 SHOPRIT  122963663.07.%664361
10 AFROX  1674493.02.%38494
11 WOOLIES  38601102.93.%2262173
12 TIGBRANDS  229006452.90.%446169
13 CLICKS  41711162.86.%1253944
14 HOSP-A  1300352.77.%3100
15 MUSTEK  565152.73.%16907
16 HULAMIN  710182.60.%68601
17 ASPEN  90942292.58.%381319
18 JUBILEE  16942.42.%37616
19 ABSA  137943242.41.%474980
20 NORTHAM  3100702.31.%2437193

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Major Moves Down
SharenameSaleMove% MoveVolume
1 CLIENTELE  1050-200-16.00.%12696
2 BAUBA  210-19-8.30.%625
3 CALGRO  275-23-7.72.%91144
4 ANOORAQ  380-20-5.00.%1480
5 ARGENT  650-31-4.55.%31187
6 AVUSA  1910-90-4.50.%138054
7 PLATMIN  175-8-4.37.%205200
8 MARSHALL  550-25-4.35.%1956
9 GBGOLD  870-35-3.87.%16828
10 CIL  1030-40-3.74.%1600
11 ILIAD  501-19-3.65.%48823
12 DIAMONDCP  145-5-3.33.%4000
13 URONE  1815-57-3.04.%59775
14 COMAIR  180-5-2.70.%98500
15 RAINBOW  1494-31-2.03.%28930
16 CADIZ  255-5-1.92.%14000
17 AFRO-C  206-4-1.90.%67550
18 CBH  439-8-1.79.%1113
19 TASTE  184-3-1.60.%25750
20 PAN-AF  185-3-1.60.%1027128

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New Highs
SharenameSaleHighMove% MoveVolume

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New Lows
SharenameSaleLowMove% MoveVolume
1 GBGOLD  870850-35-3.87.%16828
2 AQUARIUS  20232011-31-1.51.%71104
3 TELKOM  28052791-23-0.81.%423359

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Index Summary
Index NameRPMove% Move
Top 4027,848.75240.070.87%
Industrial33,267.66333.041.01%
Mid Cap42,262.56190.460.45%
Small Cap31,574.2038.180.12%
Resource 2050,985.06199.430.39%
Industrial 2527,936.20305.161.10%
Financial 157,877.2696.951.25%
Financial & Ind. 3030,703.73365.521.20%
All Share31,201.82245.630.79%
Oil & Gas 28,352.65503.071.81%
Mining 33,044.4863.310.19%
Gold Mining3,100.4338.541.26%
Platinum Mining60.29.090.15%
GENERAL MINING7,908.02-11.31-0.14%
Oil & Gas Producers 15,244.70270.501.81%
Basic Materials 27,893.3869.280.25%
Chemicals 13,095.5838.190.29%
Forestry & Paper 11,273.67106.310.95%
Industrial Metals 28,411.33273.340.97%
Industrials 27,386.03156.550.57%
General Industrials 76,290.92518.830.68%
Consumer Goods 28,568.77207.500.73%
Automobiles & Parts 3,863.17-9.05-0.23%
Household Goods144.9632.10%
Health Care 34,183.29426.751.26%
Beverages 94.46.060.06%
Index NameRPMove% Move
Food Producers 51,700.70733.321.44%
Personal Goods 410.495.291.31%
Consumer Services 55,515.65865.801.58%
General Retailers 46,686.36734.561.60%
Travel & Leisure 3,621.73-15.98-0.44%
Media 77.271.021.34%
Support Services 2,179.72-3.34-0.15%
Telecommunications 67,216.61807.541.22%
Financials 21,073.57211.601.01%
Banks 39,104.75604.641.57%
Non-life Insurance 33,488.0024.250.07%
Life Insurance 15,824.91185.391.19%
General Financial 2,104.7024.641.18%
Technology 23,546.3976.080.32%
SHARIAH TOP40 3,010.99210.69%
FTSE/JSE SHARIAH ALL3,073.54200.66%
COAL MINING23,377.161580.68%
FTSE JSE Fledgling 4,549.73370.81%
FTSE/JSE Alt X 1,385.16-1-0.08%
SA LISTED PROPERTY 376.57-0.01%
CAPPED PROPERTY 307.88-0.27%
RESOURCE 28,257.211200.43%
DIVIDEND PLUS172.0621.04%
FTSE/JSE RAFI 406,410.82510.81%
Capped Top 4014,674.521350.93%
Capped All Share15,775.551260.80%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
CFRCOMPAGNIE FIN RICHEMONTBUY22 Nov
EMIEMIRA PROPERTY FUNDHOLD22 Nov
CSOCAPITAL SHOPPING CENTRES ...HOLD22 Nov
TKGTELKOM SA LIMITEDSELL22 Nov
ACPACUCAP PROPERTIES LIMITEDHOLD22 Nov
Results Expected**
ExpectedCompany NameFin. Date
25 Nov 2011NEW CPAAugust 2011 (Final)
25 Nov 2011QUANTUMAugust 2011 (Final)
28 Nov 2011AFPREFINVSeptember 2011 (Interim)
28 Nov 2011PFGAORDSSeptember 2011 (Final)
28 Nov 2011PNR FOODSSeptember 2011 (Final)
Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
TIGBRANDS11-11-2312-01-0612-01-16R 5.1000
ILLOVO11-11-2311-12-2912-01-09R 0.2300
NAMPAK11-11-2312-01-1312-01-23R 0.3050
NAMPAK11-11-2312-01-1312-01-23R 0.4350
OMNIA11-11-2212-01-1312-01-23R 1.0000
Ex Div**
Share NameDec-DateLDTPay-DateAmount
CAXTON6%CPP11-09-0811-11-1811-11-28R 3.5700
CAXTON11-09-0811-11-1811-11-28R 0.4000
REDEFINE11-11-0311-11-1811-11-28R 0.3700
FPT11-11-0311-11-1811-11-28R 0.2756
AFROC-P11-11-0411-11-1811-11-28R 0.2548
Upcoming AGMs**
CodeCompany NameDateStatus
ASRAssore Ltd25/11/2011Unconfirmed
SPGSuper Group Ltd25/11/2011Confirmed
FSEFirestone Energy Ltd25/11/2011Confirmed
FSEO1Firestone Energy Ltd25/11/2011Confirmed
OPTOptimum Coal Holdings Ltd25/11/2011Confirmed
Stock Exchange News Service
DateTimeHeadline
24/11/201117:40 O-line Holdings Limited - Notification of share dealing by O-line
24/11/201117:16 Old Mutual plc - Form 8.3
24/11/201117:15 Massmart Holdings Limited - Appointment of alternate director
24/11/201117:15OML - Old Mutual plc - Form 8.3
24/11/201117:07 African Brick Centre Limited - Trading statement
24/11/201117:01 Liberty Holdings Limited - Operational update for the nine months ended
24/11/201117:00 New Europe Property Investments plc - Dealing in securities
24/11/201116:50 Sekunjalo Investments Limited - Sekunjalo secures R1bn government
24/11/201116:30MVG/MVGP - Mvelaphanda Group Limited - Redemption and Redemption Payment of
24/11/201116:19INLNIE - Nedbank Limited - Dividend distribution announcement in relation to
24/11/201116:13 Pick n Pay Holdings Limited - Dealing in securities by directors
24/11/201115:51IPL/IPLP - Imperial - Dealing in Securities by Director of Imperial
24/11/201115:43INPNNG - Nedbank Limited - Dividend distribution announcement in relation to the
24/11/201115:42PIKNIH - Nedbank - Dividend distribution announcement in relation to the PIK
24/11/201115:41INPNIH - Nedbank Limited - Dividend Distribution Announcement in relation to the
24/11/201115:36 Capital Shopping Centres Group Plc - Capital Shopping Centres announces
24/11/201115:35 Kumba Iron Ore Limited - Dealing in securities by a director
24/11/201115:24SFN/SFNP - Sasfin Holdings Limited - Results of the Annual General Meeting
24/11/201115:17 Petmin Limited - Directors` dealing in securities
24/11/201115:16 Country Bird Holdings Limited - Results of Annual General Meeting
24/11/201115:10 Brikor Limited - Trading statement
24/11/201114:30AFE/AFEP - AECI Limited - Results of general meeting and cautionary
24/11/201114:28IVA208 - iVuzi Investments Limited - Listing of Tap Issue
24/11/201114:28BIIIPL - iNguza Investments (Proprietary) Limited - Full Capital Redemption
24/11/201114:00 Capital Shopping Centres Group PLC - Notification of transactions of
24/11/201113:31 Remgro Limited - Report on proceedings at Annual General Meeting
24/11/201113:30 Sycom Property Fund - Dealing in securities by an associate of the
24/11/201113:00AFE - AECI Limited - Further cautionary announcement: Acquisition by AECI of
24/11/201112:50BINQA - Nqaba Finance 1 (Proprietary) Limited - Interest Rate Resets
24/11/201112:30 SABMiller plc - Director/PDMR Shareholding
24/11/201112:20 MMI Holdings Limited - Changes in directorate
24/11/201111:55INL/INP - Investec Limited/ Investec plc - Form 8 (DD)
24/11/201111:52INL/INP - Investec - FORM 8 (DD)
24/11/201111:51 Gooderson Leisure Corporation Limited - Unaudited pro forma financial
24/11/201111:50 Spanjaard Limited - Dealings in securities by a director
24/11/201111:45 Metorex Limited - Update on conditions relating to the Scheme
24/11/201111:02 Decillion Limited - Trading statement
24/11/201111:00 Coal of Africa Limited - Coal of Africa and Coalition sign MOU and
24/11/201111:00 Pan African Resources plc - Exercise of options
24/11/201110:50INL/INP - Investec - Disclosure in accordance with Rule 2.10 of the UK City
24/11/201110:14 Ingenuity Property Investments Limited - Announcement regarding the
24/11/201110:05TOPDWX - Deutsche Bank AG - Notice of expiry Waves
24/11/201109:45 SACOIL Holdings Limited - Further cautionary announcement
24/11/201109:05 Eastern Platinum Limited - Holding in Company
24/11/201109:03 Freeworld Coatings Limited - Joint announcement by Freeworld and Kansai in
24/11/201109:00INL/INP - Investec - Additional Listing
24/11/201108:48BIIVU - iVuzi Investments Limited - Listing of Tap Issue and New Instrument
24/11/201107:32 Wescoal Holdings Limited - Reviewed condensed consolidated interim
24/11/201107:10 British American Tobacco p.l.c. - Transaction in own shares
24/11/201107:06GEN - FTSE/JSE Africa Index Series - Paracon Holdings Ltd (South Africa):
24/11/201107:05 Avusa Limited - Unaudited condensed consolidated financial results for the
24/11/201107:05 Gold One International Limited - Appendix 3B new issue announcement,

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