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 The Sharenet Daily 
Monday, 05 December 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 firm vs dollar, bonds sold as a hedge

JOHANNESBURG (Reuters) - The rand gained for the sixth straight day to a three-week high against the dollar on Monday as optimism about a solution to the European debt crisis boosted risky assets. The winding down of the year was also supportive of rand gains.

Government bonds ignored the positive sentiment as some traders caught long on Friday covered those positions early on Monday, pushing yields to their day's peak, with the market trading sideways for the rest of the session after that.

Dealers were also reportedly hedging positions in the interest rate swap market by selling bonds.

The rand gained one percent on the dollar to 7.9640, from a 8.0450 New York close on Friday.

It has steadily retraced from the year's low of 8.61 and the 7.86 level forms the next barrier to further gains. The local unit bounced twice from 7.86 in mid-November.

Rand bulls look to be on the cards as the year comes to an end. In the past two years the rand has posted its strongest levels in the last quarter partly because of a decreased number of importers in the market towards the end of the year. This might help to offset the risk-averse trading linked to the uncertainty in global markets that has hit emerging markets recently.

Yields on government bonds, which move inversely to the price, added 4.5 basis points to 6.665 percent on the four-year issue and 3.5 basis points to 8.36 percent on the 15-year bond.

"There was a bit of paying in the swap market towards the end of trade on Friday and there looked to be a little bit of hedging taking place in the spot market this morning (selling bonds)," said Richard Farber, a bond trader at WWC Securities.

Liquidity was thin on Monday with investors waiting it out until a clear picture emerges out of Europe.

"You can see it with the trading volumes, I did one or two trades today, it's not like high volumes or big ticket trades," said another bond trader based in Johannesburg, indicating volumes were unlikely to have reached the 20 billion rand average daily turnover on Monday.

Mon, 05 Dec 2011
Top News
Optimism that Europe could come up with a concrete plan to stem its sovereign debt crisis buoyed South African stocks on Monday, with firms sensitive to global growth, such as Anglo American Platinum, helping the Top-40 index close 0.75 percent higher.  Full story

Frontier Rare Earths Ltd said on Monday it signed a definitive agreement to partner with Korea Resources Corp (KORES) to fast-track the development of the Zandkopsdrift rare earth project in South Africa.  Full story
Vladimir Putin's ruling party clung to a much reduced majority in parliament on Monday after an election that showed growing weariness with the man who has dominated Russia for more than a decade and plans to return to the presidency next year.  Full story
The West used an Afghanistan meeting Monday to signal enduring support for Kabul as allied troops go home, but economic turbulence in Europe and crises with Pakistan and Iran could stir doubts about Western resolve.  Full story
Egyptians voted on Monday in run-off contests for parliamentary seats, with the Muslim Brotherhood's party trying to extend its lead over hardline Islamists and liberal parties in a political landscape redrawn by the overthrow of Hosni Mubarak.  Full story
Global stocks and the euro rose on Monday as an agreement between leaders of France and Germany boosted optimism European leaders will reach. . .  Full story
e. . .  Full story
U.S. stocks jumped at the start of what could be the most important week of the year for Wall Street as hopes grew. . .  Full story
European stocks rose to a five-week closing high on Monday, after French president Nicolas Sarkozy and German chancellor Angela Merkel agreed on a. . .  Full story

Gold prices steadied on Monday, after posting their sharpest weekly rise in more than a month, as the dollar weakened and prospects brightened. . .  Full story
European shares briefly extended gains and bund futures fell on Monday after German chancellor Angela Merkel and French president Nicolas Sarkozy said they had. . .  Full story
European stocks rose early on Monday, adding to last week's 8.5 percent jump on growing hopes of a comprehensive solution to the euro. . .  Full story
European stocks extended their gains on Monday as investors bet French President Nicolas Sarkozy and German Chancellor Angela Merkel will iron out their differences. . .  Full story
SA Business
South Africa's power utility Eskom said on Monday it has returned to service the second unit at its Koeberg nuclear power station that was shut for generator repairs.. . .  Full story
South Africa's rand extended its gains against the dollar on Monday as market expected some resolution for the euro zone debt crisis from the European Union's summit later this week.. . .  Full story
South Africa's rand firmed slightly against the dollar on Monday with investors cautiously optimistic about the euro zone after Italy announced new austerity measures over the weekend.. . .  Full story

Africa-focused telecom companies are betting that next generation long-term evolution (LTE) technology will drive broadband penetration in the world's least developed. . .  Full story
Tencent Holdings Ltd , China's biggest Internet company by revenue, is issuing five-year bonds worth at least $500 million in its first U.S. dollar-denominated. . .  Full story
Nigeria's Ecobank said on Monday it would seek shareholders' approval on December 22 to merge its operations with rival Oceanic Bank,. . .  Full story
Lonmin, the world's No. 3 platinum producer, said employees will receive pay rises and benefit improvements of up to 10 percent,. . .  Full story
Company News
Notice was given that preference dividend number 67 of 5.5 cents per share, in respect of the cumulative preference shares, has. . .  Full story
IQG SFN SFNP IQG SFN. . .  Full story
Shareholders were referred to the announcements dated 19 September 2011 and 15 November 2011 and to the circular dated 19 October. . .  Full story
Shareholders were referred to the announcements released on SENS on 17 November 2011, and published in the press on 18 November. . .  Full story

Rockwell Diamonds Inc. announce the sale of a unique investment diamond recovered from its Saxendrift mine, which formed one of a. . .  Full story
Spur announced that it has concluded agreements in terms of which it will acquire the fast food restaurant chain, DoRego's, for. . .  Full story
Anglo announced that, further to its announcement dated 4 November 2011, a general meeting will be held on Friday, 6 January. . .  Full story
Further to the SENS announcement of 24 October 2011, Afgri confirmed that all the conditions precedent to the transaction have now. . .  Full story
Company Results
Cafca had a change of year end to 30 September to make the reporting period coterminous with that of the parent company. Revenue for the nine months to September 2011 amounted to USD18.6 million, while operating profit was recorded at USD2 million. Profit for the year was at USD1.3 million. Headline earnings per share amounted to US4cps. Dividend The directors have again waived the declaration of a dividend as our cash flow priorities are to first eliminate all borrowings and then to. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032832.22221.320.68%
JSE Top 4017:0029407.90220.070.75%
JSE Gold17:003146.29-54.56-1.70%
JSE Financial17:0022089.35282.881.30%
JSE Industrial17:0034622.28159.030.46%
JSE Indust 2517:0029097.82133.430.46%
JSE Resource17:0054493.25359.530.66%
DJ Futures18:3012150.00150.001.25%
DJ Ind18:4112158.79139.371.16%
SP 50018:561263.4519.171.54%
FTSE 10018:355567.9615.670.28%
All Ords07:464379.5033.200.76%
NZSE 5006:463301.2218.830.57%
NameTimeRPMove% Move
Gold/R kg18:56446822-3798-0.84%
Brent Crude18:56110.781.461.34%
Rand / Dollar19:598.0024-0.0222-0.28%
Rand / Pound19:5512.50870.00920.07%
Rand / Euro19:5510.7687-0.00050.00%
Rand / NZD19:586.26120.01440.23%
Rand / AUD19:558.24230.02090.25%
Yen / Dollar19:5977.7600-0.3220-0.41%
Euro / Dollar19:550.7427-0.0029-0.39%
Dollar / Euro19:591.34540.00460.34%
Pound / Dollar19:550.6378-0.0031-0.48%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 AMECOR  2113620.57.%10587
2 RANGOLD  2853212.65.%92707
3 WITSGOLD  447947911.98.%1664
4 HULAMIN  800506.67.%3806564
5 VERIMARK  11965.31.%10119
6 DELRAND  252125.00.%4083
7 BAUBA  220104.76.%400
8 ROLFES  355154.41.%28259
9 STEINHOFF  2460954.02.%8408747
10 DAWN  520204.00.%2100
11 BLUETEL  580223.94.%569049
12 SAPPI  2400913.94.%635510
13 RA-HOLD  415153.75.%50000
14 KAP  26593.52.%53100
15 ITLTILE  450153.45.%47781
16 EQSTRA  741212.92.%529548
17 PBT  14242.90.%5000
18 SUPRGRP  10832.86.%12485701
19 ARCMITTAL  62001702.82.%379130
20 IMPLATS  173804472.64.%2514105

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Major Moves Down
SharenameSaleMove% MoveVolume
1 VILLAGE  200-14-6.54.%3194887
2 FAIRVEST  114-7-5.79.%10000
3 DORBYL  170-10-5.56.%107052
4 GOLIATH  375-15-3.85.%52486
5 MAZOR  135-5-3.57.%10000
6 INVPROP  1120-40-3.45.%1033
7 SASFIN  2950-99-3.25.%1330
8 ACUCAP  3745-125-3.23.%657196
9 CAT  1455-45-3.00.%57391
10 ARB  330-10-2.94.%216282
11 WESIZWE  139-4-2.80.%97114
12 BRIMST-N  700-20-2.78.%275425
13 CIL  1040-29-2.71.%7331
14 CALGRO  275-7-2.48.%130082
15 EFFICIENT  400-10-2.44.%4100
16 ANGGOLD  37620-916-2.38.%913064
17 INVPLC  4591-93-1.99.%2973096
18 AFOVR-N  1600-32-1.96.%5000
19 HOSP-B  500-10-1.96.%1420805
20 ZEDER  255-5-1.92.%161393

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New Highs
SharenameSaleHighMove% MoveVolume
1 SUPRGRP  10811232.86.%12485701
2 FIRSTRAND  20572057502.49.%7413604
3 METAIR  17721798432.49.%100069
4 HOLDSPORT  35503600852.45.%84604
5 SANLAM  29943016280.94.%3816792
6 OPTIMUM  36113800110.31.%13468250
7 TFG  1065010940100.09.%1505410
8 DISCOVERY  4365440920.05.%1502927
9 MRPRICE  82328374-43-0.52.%1389725
10 SANTAM  1395014990-115-0.82.%11738

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New Lows
SharenameSaleLowMove% MoveVolume
1 PHUMELELA  980980-10-1.01.%1920
2 COMAIR  1801750.126716

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Index Summary
Index NameRPMove% Move
Top 4029,407.90220.070.75%
Mid Cap43,732.62121.900.28%
Small Cap32,307.49107.150.33%
Resource 2054,493.25359.530.66%
Industrial 2529,097.82133.430.46%
Financial 158,319.92130.971.60%
Financial & Ind. 3032,103.58266.570.84%
All Share32,832.22221.320.68%
Oil & Gas 29,589.49454.461.56%
Mining 35,424.01160.990.46%
Gold Mining3,146.29-54.56-1.70%
Platinum Mining63.921.362.17%
GENERAL MINING8,645.2070.990.83%
Oil & Gas Producers 15,909.72244.351.56%
Basic Materials 29,828.92155.790.53%
Chemicals 13,536.83189.771.42%
Forestry & Paper 11,927.02266.752.29%
Industrial Metals 29,360.26205.080.70%
Industrials 28,800.80303.811.07%
General Industrials 81,238.271495.661.88%
Consumer Goods 29,655.30110.670.37%
Automobiles & Parts 4,012.6297.372.49%
Household Goods161.6864.01%
Health Care 35,251.86-176.36-0.50%
Beverages 95.45-.40-0.42%
Index NameRPMove% Move
Food Producers 53,973.60139.360.26%
Personal Goods 437.664.200.97%
Consumer Services 57,520.29-13.45-0.02%
General Retailers 48,941.61-118.01-0.24%
Travel & Leisure 3,606.3954.041.52%
Media 76.53-.05-0.07%
Support Services 2,123.938.860.42%
Telecommunications 70,279.96517.230.74%
Financials 22,089.35282.881.30%
Banks 41,415.96975.522.41%
Non-life Insurance 33,827.48-278.87-0.82%
Life Insurance 16,804.81216.221.30%
General Financial 2,
Technology 24,966.25109.730.44%
SHARIAH TOP40 3,205.04230.73%
FTSE/JSE SHARIAH ALL3,262.65230.71%
COAL MINING23,986.15-103-0.43%
FTSE JSE Fledgling 4,706.13-12-0.25%
FTSE/JSE Alt X 1,226.43-32-2.55%
RESOURCE 30,173.601840.61%
DIVIDEND PLUS179.0610.34%
FTSE/JSE RAFI 406,787.78721.08%
Capped Top 4015,460.401180.77%
Capped All Share16,587.401130.69%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
06 Dec 2011KAIROSAugust 2011 (Interim)
07 Dec 2011ZCISeptember 2011 (Interim)
08 Dec 2011ZAPTRONXAugust 2011 (Final)
09 Dec 2011ACTOWERSAugust 2011 (Interim)
15 Dec 2011RACECSeptember 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
AFPREFINV11-12-0111-12-1511-12-27R 0.1851
BCX11-11-3012-01-0612-01-16R 0.4000
PBT11-11-3011-12-2912-01-09R 0.0333
PRIMESERV11-11-2912-01-0612-01-16R 0.0050
CROOKES11-11-2911-12-2912-01-09R 0.6500
Ex Div**
Share NameDec-DateLDTPay-DateAmount
ACUCAP11-11-1711-12-0211-12-12R 1.4500
JDGROUP11-11-1411-12-0211-12-12R 1.0000
SYCOM11-11-1711-12-0211-12-12R 0.8105
REX TRUE11-11-1611-12-0211-12-12R 0.5200
REX TRUE -N-11-11-1611-12-0211-12-12R 0.5200

Upcoming AGMs**
CodeCompany NameDateStatus
SHFFPSteinhoff International Holdings Ltd05/12/2011Confirmed
SHFFSteinhoff International Holdings Ltd05/12/2011Confirmed
SHFSteinhoff International Holdings Ltd05/12/2011Confirmed
DSYDiscovery Holdings Ltd06/12/2011Confirmed
DSBPDiscovery Holdings Ltd06/12/2011Confirmed

Stock Exchange News Service
05/12/201117:43 Real Africa Holdings Limited - Posting of circular
05/12/201117:30OML - Old Mutual plc - Form 8.3
05/12/201117:05 Super Group Limited - Dealing in securities by director
05/12/201117:05 Super Group Limited - Dealing in securities by Super Group Share Incentive
05/12/201117:03 Intertrading - Termination of Proposed Acquisition of Connectnet Broadband
05/12/201117:00INL/INP - Investec Limited/Investec plc - Notification of major interest in
05/12/201117:00LBHP - Liberty Holdings Limited - Notice to holders of cumulative
05/12/201116:58 Randgold & Exploration Company Limited - Cautionary Announcement
05/12/201116:56 Pinnacle - Posting of Circular And Notice of General Meeting
05/12/201116:53SFN/IQG - Sasfin/IQuad - Results of Mandatory Offer to Iquad Shareholders
05/12/201116:52 Exxaro Resources Limited - Trading of Exxaro ordinary shares on behalf of
05/12/201116:45 EOH Holdings Limited - Notification in terms of section 122(3) of
05/12/201116:40RCSC04 - RCS Investment Holdings (Proprietary) Limited - Full capital
05/12/201116:37 Steinhoff International Holdings Limited - Results of the
05/12/201116:31 Basil Read Holdings Limited - Dealings in securities by Director
05/12/201116:30CCO - Capital & Counties Properties PLC - Notification of major
05/12/201116:30 Basil Read Holdings Limited - Dealings in securities by Director of a
05/12/201116:04 Shoprite Holdings Limited - Dealing in securities by a non-executive
05/12/201116:00 Platmin Limited - Platmin announces the results of the special meeting
05/12/201116:00 Merafe Resources Limited - Director`s share dealings
05/12/201115:55BIPINF - Bips Government Inflation Linked Bond Fund - Listing of
05/12/201115:54BIIND - iNdwa Investments Limited - Listing of New Financial Instrument
05/12/201115:47RDFC02 - Redefine Properties Limited - New financial instrument listing
05/12/201115:44RDFIVC - Investec Bank Limited - Redefine Properties Limited corporate
05/12/201115:43RDFIVB - Investec Bank Limited - Redefine Properties Limited Corporate Action-
05/12/201115:42RDFIHD - Investec Bank Limited - Redefine Properties Limited corporate action-
05/12/201115:41RDFIDH - Investec Bank Limited - Redefine Properties Limited corporate
05/12/201115:30 Rockwell Diamonds Incorporated - Sale of Unique Polished Rockwell Diamond
05/12/201115:17 Mediclinic International Limited - Dealings in securities by a director of
05/12/201115:15SGA/SGB - Synergy Income Fund Limited - Abridged pre-listing statement
05/12/201114:55 Optimum Coal Holdings Limited - Dealings in securities by directors
05/12/201114:43 Omnia Holdings Limited - Dealing in securities
05/12/201114:20 Capital Shopping Centres Group Plc - Notification of transactions of
05/12/201114:05 New Europe Property Investments plc - Results of the rights offer
05/12/201114:00 Keaton Energy Holdings Limited - Award and acceptance of share
05/12/201113:09RESB01 - Resilient Property Income Fund Limited - Interest rate reset
05/12/201113:06BIIND - iNdwa Investments Limited - Full Capital Redemption
05/12/201112:32 Lonmin Plc - Notification of major interest in sharesi
05/12/201112:25 The Bidvest Group Limited - Dealings in securities by director
05/12/201112:06IPL - Imperial Holdings Limited - Dealing in securities by director of Imperial
05/12/201112:00 Cafca Limited - Audited Financial Results: nine months ended 30
05/12/201112:00 Spur Corporation - Acquisition of DoRego`s fast food restaurant chain -
05/12/201111:49FTG1 - First Strut (Proprietary) Limited - Interest rate reset announcement
05/12/201111:44INL/INP - Investec Limited/Investec plc - Form 8 (DD)
05/12/201111:43INL/INP - Investec Limited/Investec plc - FORM 8 (DD)
05/12/201110:53 Santova Logistics Limited - Finalisation Announcement
05/12/201110:50INL/INP - Investec Limited/ Investec plc - Disclosure in accordance with rule
05/12/201110:45 Anglo American plc - Publication of Circular and Notice of General
05/12/201110:30 Gold Fields Limited - Media release - Update on impact of Peru
05/12/201110:30 Exxaro Resources Limited - Acceptance of conditional awards granted
05/12/201110:07 Rand Merchant Insurance Holdings Limited - Report on the
05/12/201110:07 RMB Holdings - Report on Proceedings at Annual General Meeting
05/12/201109:37HPA/HPB - Hospitality Property Fund Limited - Trading statement
05/12/201109:29 The Bidvest Group Limited - Dealings in securities by company secretary
05/12/201109:21 Comair Limited - Trading Statement
05/12/201109:00 New Europe Property Investments plc - Issue of equity for the rights offer
05/12/201109:00 Lonmin Plc - Lonmin Reveals details of wage agreement with unions
05/12/201108:34 AFGRI Limited - Announcement relating to the disposal by GroCapital
05/12/201108:30 Metair - Notice of General Meeting
05/12/201108:00 Goliath Gold Mining Limited - Tender of 5 333 101 Gold One International
05/12/201107:37 Gold Fields Limited - Gold Fields hosts investor day in Johannesburg and
05/12/201107:10 British American Tobacco p.l.c - Transaction in own shares

Click here for more SENS news