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 The Sharenet Daily 
Tuesday, 06 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, bonds hit by new wave of risk-off

JOHANNESBURG (Reuters) - The rand weakened against the dollar on Tuesday, pulling back from a week-long firming trend as headlines out of Europe hit sentiment towards risky assets.

The rand is a heavily traded emerging market currency and susceptible to risk-off, risk-on trade, making it volatile.

Government bonds followed the negative market sentiment but the Treasury managed to attract decent demand at an auction earlier in the session, which helped bonds off the day's lows.

Investors are taking positions based on developments in Europe, where the world is watching to see whether the European monetary union will collapse or manage to save itself from its debt crisis.

Ratings agency Standard and Poors' warned late on Monday about the credit rating of 15 euro zone countries, making already jittery investors sell risky holdings in Tuesday's local session.

The rand pulled back from a previous three-week high to trade at 8.1275 against the dollar on the day, after closing at 8.0624 in the New York market on Monday.

Yields on government debt rose during most of the session and were up 4 basis points to 6.705 percent on the 4-year bond and 5 basis points on the 15-year issue to 8.41 percent an hour before trade closed for the day.

"We had a weaker rand before the auction and then had supply come into the market, which added pressure. We're off the worst levels of the day though because the auction saw good demand," said Daniel Sabiston from Absa Capital.

Treasury managed to sell the 2.1 billion rand in 10 and 30-year paper offered at auction at lower yields, even with the gloomy market sentiment.

Demand was also sustained from last week's sale, a result analysts say the government will be more than happy with in the current market environment.

Traders are reporting very light volumes in recent sessions, with only 6 billion rand going through the market on Monday, compared to about 18-20 billion rand daily turnover in normal liquidity.

Tue, 06 Dec 2011
Top News
South Africa's top Top-40 share index declined 0.42 percent on Tuesday as negative sentiment in global markets heaped pressure on resource stocks such as gold miners Harmony and AngloGold Ashanti.  Full story

China will install wind and solar power capacity equivalent to 180 nuclear power reactors in the next 10 years to meet its growing energy needs, the International Energy Agency said on Monday, citing its latest estimate.  Full story
A suicide attack killed dozens of Shi'ite Muslims at a crowded Kabul shrine on Tuesday and four died in a smaller blast in a key northern city in the worst sectarian violence Afghanistan has seen since the fall of the Taliban.  Full story
Fresh clashes broke out between demonstrators and Greek police outside parliament on Tuesday evening, hours after police fired teargas to disperse youths hurling petrol bombs at them.  Full story
The Muslim Brotherhood promised Egyptians voting in a run-off on Tuesday it would work in a broad coalition if its party wins parliamentary elections, saying it hoped to avoid a showdown with the ruling military council.  Full story
Britain's top share index ended flat on Tuesday with banks and retailers falling and sentiment hurt by credit agency Standard & Poors which. . .  Full story
Gold fell in quiet trade on Tuesday, on track for its biggest two-day loss in two weeks, as jittery investors remained focused on. . .  Full story
Global stocks and the euro weakened on Tuesday after S&P warned of a possible downgrade for 15 euro zone nations, though analysts expressed. . .  Full story
European shares fell on Tuesday in a choppy, thinly traded session, led by retailers after German firm Metro posted a weak outlook.. . .  Full story

U.S. stocks opened little changed on Tuesday as investors continued to cautiously view the ongoing sovereign debt crisis in Europe.. . .  Full story
European shares were flat on Tuesday as strategists said they were optimistic policymakers would make progress on a solution for the region's debt. . .  Full story
Bruised and battered by euro zone debt problems, the bloc's banks have come off the ropes and could double the 20 percent gains. . .  Full story
European shares fell on Tuesday after Standard & Poor's warned it might downgrade 15 of the 17 euro zone countries, including Germany and. . .  Full story
SA Business
South Africa's National Treasury is considering issuing Islamic bonds to diversify its investor base and could have its first sukuk in. . .  Full story
South Africa exported 34,858 tonnes of white maize last week compared with 53,988 tonnes in the previous week, the South African. . .  Full story
South Africa's Richards Bay Coal Terminal (RBCT) exported 6.3 million tonnes of coal in November compared with 7.4 million tonnes the. . .  Full story
South Africa's rand weakened against the dollar on Tuesday as the market reeled after ratings agency Standard & Poor's warned it. . .  Full story

South Africa's Treasury borrowed 2.1 billion rand through its 10 year and 30 year bonds at slightly lower yields on Tuesday, showing the market still had appetite for government paper even during the global uncertainty.. . .  Full story
South Africa's central government took direct control of parts of several provincial administrations on Monday in a clampdown on profligate spending and to try to iron out long-running problems with shoddy public services.. . .  Full story
Company News
Shareholders are advised that at the annual general meeting all the resolutions set out in the notice were passed by the. . .  Full story
Zurich SA shareholders are referred to the announcement released by Escape Premium Collection (Pty) Ltd ("Escape") today regarding the process. . .  Full story
At the twelfth (12th) annual general meeting of the shareholders of Discovery held today, 6 December 2011, all the ordinary and. . .  Full story
Shareholders are advised that Piruto B.V., a wholly-owned subsidiary of Glencore International AG ("Glencore"), purchased 6 635 000 shares in Optimum. . .  Full story

Datatec announced the allotment of 26 162 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to. . .  Full story
Further to the cautionary announcement dated 30 September 2010 and subsequent renewal of cautionary announcements, the last of which was dated. . .  Full story
Anglo announced board approval of its 5 million tonne per annum (Mtpa) Grosvenor metallurgical coal project in the Bowen Basin of. . .  Full story
Business Day reported that Amplats is driving fuel cell development in SA to prepare for the decline in the use of. . .  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. . .  Full story
Gross written premium increased to R32.2 million (R28.6 million). Net attributable profit rose by more than 50% to R3.7 million (R2.2 million). In addition, headline earnings grew to 31.33c (18.10cps). Notice of AGM Notice was given that the annual general meeting of. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032719.23-112.99-0.34%
JSE Top 4017:0029283.81-124.09-0.42%
JSE Gold17:003097.78-48.51-1.54%
JSE Financial17:0022044.35-45.00-0.20%
JSE Industrial17:0034522.59-99.69-0.29%
JSE Indust 2517:0028996.81-101.01-0.35%
JSE Resource17:0054259.12-234.13-0.43%
DJ Futures19:5612125.0059.000.49%
DJ Ind19:4112140.7842.950.36%
SP 50019:561256.44-0.64-0.05%
FTSE 10018:355568.72.760.01%
All Ords08:494321.60-57.90-1.32%
NZSE 5006:463291.49-9.73-0.29%
NameTimeRPMove% Move
Gold/R kg19:56444982-6659-1.47%
Brent Crude19:56110.36-.45-0.41%
Rand / Dollar19:598.0244-0.0156-0.19%
Rand / Pound19:5512.4698-0.0849-0.68%
Rand / Euro19:5510.7529-0.0202-0.19%
Rand / NZD19:586.2580-0.0154-0.25%
Rand / AUD19:558.2188-0.0315-0.38%
Yen / Dollar19:5977.7120-0.1160-0.15%
Euro / Dollar19:550.7461-0.0002-0.03%
Dollar / Euro19:571.33970.00050.04%
Pound / Dollar19:550.64170.00290.45%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 MASONITE  39003008.33.%240
2 TRADEH  600407.14.%59000
3 CALGRO  290155.45.%49550
4 SENTULA  19884.21.%191993
5 VILLAGE  20884.00.%1116553
6 VALUE  415153.75.%100
7 AECI  84002823.47.%298166
8 CITYLDG  67801802.73.%121651
9 STEINHOFF  2523632.56.%14486124
10 ILIAD  499122.46.%451743
11 ALTRON-P  2378532.28.%124633
12 EASTPLATS  470102.17.%48048
13 CLOVER  1125232.09.%136495
14 AFROX  1680342.07.%159780
15 SHOPRIT  137482501.85.%2720851
16 SUPRGRP  11021.85.%31541777
17 CASHBIL  110991991.83.%2400
18 MARSHALL  570101.79.%
19 OMNIA  88001511.75.%87979
20 SASFIN  2999491.66.%2156

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Major Moves Down
SharenameSaleMove% MoveVolume
1 EFFICIENT  335-65-16.25.%256
2 PLATMIN  160-19-10.61.%769055
3 DATATEC  3690-380-9.34.%377812
4 CROOKES  4000-150-3.61.%17383
5 KEATON   270-10-3.57.%24340
6 CLIENTELE  1071-39-3.51.%30847
7 PBT  138-4-2.82.%1351
8 MVELAGRP  330-9-2.65.%717288
9 HULAMIN  780-20-2.50.%84802
10 HARMONY  11080-280-2.46.%847842
11 PERGRIN  1000-25-2.44.%24697
12 ARM   17705-415-2.29.%262189
13 SOVFOOD  471-9-1.88.%4317
14 ARGENT  630-12-1.87.%5036
15 STEFSTOCK  1080-20-1.82.%58443
16 ANGGOLD  36947-673-1.79.%1307244
17 ADCORP  2505-44-1.73.%508753
18 OPTIMUM  3550-61-1.69.%8500
19 TASTE  175-3-1.69.%64640
20 TIGBRANDS  24000-400-1.64.%450740

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New Highs
SharenameSaleHighMove% MoveVolume
1 STEINHOFF  25232537632.56.%14486124
2 SUPRGRP  11011421.85.%31541777
3 OMNIA  880094001511.75.%87979
4 METAIR  17981800261.47.%56269
5 CLICKS  44704567380.86.%6743276
6 ABSA  14621146211210.83.%843998

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New Lows
SharenameSaleLowMove% MoveVolume
1 PLATMIN  160135-19-10.61.%769055

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Index Summary
Index NameRPMove% Move
Top 4029,283.81-124.09-0.42%
Mid Cap43,741.739.110.02%
Small Cap32,411.83104.340.32%
Resource 2054,259.12-234.13-0.43%
Industrial 2528,996.81-101.01-0.35%
Financial 158,294.69-25.23-0.30%
Financial & Ind. 3031,986.89-116.69-0.36%
All Share32,719.23-112.99-0.34%
Oil & Gas 29,574.36-15.13-0.05%
Mining 35,228.58-195.43-0.55%
Gold Mining3,097.78-48.51-1.54%
Platinum Mining63.21-.71-1.11%
GENERAL MINING8,628.61-16.59-0.19%
Oil & Gas Producers 15,901.59-8.13-0.05%
Basic Materials 29,675.77-153.15-0.51%
Chemicals 13,903.26366.432.71%
Forestry & Paper 11,889.89-37.13-0.31%
Industrial Metals 29,165.94-194.32-0.66%
Industrials 28,707.63-93.17-0.32%
General Industrials 80,486.74-751.53-0.93%
Consumer Goods 29,591.45-63.85-0.22%
Automobiles & Parts 4,071.5058.881.47%
Household Goods165.8342.57%
Health Care 35,045.38-206.48-0.59%
Index NameRPMove% Move
Food Producers 53,746.77-226.83-0.42%
Personal Goods 431.67-5.99-1.37%
Consumer Services 57,555.3935.100.06%
General Retailers 49,017.6276.010.16%
Travel & Leisure 3,626.0419.650.54%
Media 75.56-.97-1.27%
Support Services 2,117.01-6.92-0.33%
Telecommunications 69,804.88-475.08-0.68%
Financials 22,044.35-45.00-0.20%
Banks 41,328.59-87.37-0.21%
Non-life Insurance 33,473.45-354.03-1.05%
Life Insurance 16,742.87-61.94-0.37%
General Financial 2,186.35-11.93-0.54%
Technology 23,742.06-1224.19-4.90%
SHARIAH TOP40 3,187.38-18-0.55%
FTSE/JSE SHARIAH ALL3,246.14-17-0.51%
COAL MINING24,173.081870.78%
FTSE JSE Fledgling 4,708.2420.04%
FTSE/JSE Alt X 1,243.58171.40%
RESOURCE 30,028.93-145-0.48%
DIVIDEND PLUS178.66-0-0.22%
FTSE/JSE RAFI 406,765.77-22-0.32%
Capped Top 4015,391.57-69-0.45%
Capped All Share16,529.03-58-0.35%

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

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
LIBHOLD1111-12-0511-12-2212-01-03R 0.0550
AFPREFINV11-12-0111-12-1511-12-27R 0.1851
PBT11-11-3011-12-2912-01-09R 0.0333
BCX11-11-3012-01-0612-01-16R 0.4000
ORION11-11-2911-12-1511-12-27R 0.0011
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
DSBPDiscovery Holdings Ltd06/12/2011Confirmed
DSYDiscovery Holdings Ltd06/12/2011Confirmed
PHMPhumelela Gaming and Leisure Ltd06/12/2011Confirmed
AETAlert Steel Holdings Ltd07/12/2011Confirmed
GPLPGrand Parade Investments Ltd07/12/2011Confirmed

Stock Exchange News Service
06/12/201117:26GEN - FTSE/JSE Africa Index Series - Arrowhead Properties Ltd (South Africa):
06/12/201117:24GEN - FTSE/JSE Africa Index Series - Sallies Ltd (South Africa): Scheme of
06/12/201117:16OML - Old Mutual plc - Form 8.3
06/12/201117:15BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement
06/12/201117:15OML - Old Mutual plc - Form 8.3
06/12/201117:13 Sappi Limited - Granting of options to directors of listed company -
06/12/201116:48 Phumelela Gaming & Leisure Limited - Results of Annual General
06/12/201116:42ACL145 - Absa Bank Limited - New Financial Instrument Listing
06/12/201116:40 MPact Limited - Extension of chief financial officer fixed term employment
06/12/201116:34 Sappi - Granting of Conditional Share Awards to Directors of Listed
06/12/201116:21SPP - Sappi - Granting of Options to Directors of Listed Company
06/12/201116:10BK1P - BK One Limited - Results of the private placement
06/12/201116:00 Zurich Insurance Company South Africa Limited - Disposal of equity
06/12/201115:59 Exxaro Resources Limited - Trading of Exxaro ordinary shares on behalf of
06/12/201115:26 Discovery Holdings Limited - Report on proceedings at annual general
06/12/201115:12 Shoprite Holdings Limited - Dealings in securities by director and
06/12/201115:09 Optimum Coal Holdings Limited - Disclosure of significant holding of
06/12/201115:05 Shoprite Holdings Limited - Dealing in securities by a non-executive
06/12/201115:02 The Bidvest Group Limited - Dealings in securities by directors`
06/12/201115:00 Datatec Limited - Further issue of shares
06/12/201114:45IND212 - iNdwa Investments Limited - Listing of Tap Issue
06/12/201114:24FRC86 - FirstRand Bank Limited - Listing of new financial instrument
06/12/201114:22INL/INP - Investec Limited/Investec plc - Form 8 (DD)
06/12/201113:56 Omnia Holdings Limited - Dealing in securities
06/12/201113:54INL/INP - Investec Limited/Investec plc - Form 8 (DD)
06/12/201113:00 Sun International Limited - Dealing in securities
06/12/201112:34 Thabex Limited - Renewal of cautionary announcement
06/12/201112:23 AVI Limited - Dealing in AVI shares by a director of AVI
06/12/201112:12BIFR1 - FirstRand Bank Limited - Interest rate reset announcement
06/12/201112:10 African Brick - Results of Scheme Meeting
06/12/201111:39STANLIBSX - STANLIB SWIX 40 Fund - Distribution announcement - salient
06/12/201111:38STAN40 - STANLIB TOP 40 Fund - Distribution announcement - salient
06/12/201111:35 Invicta Holdings Limited - Directors Dealing In Securities
06/12/201111:33 Gold One International Limited - Notice of ceasing to be a substantial
06/12/201110:50INL/INP - Investec Limited/Investec Plc - Disclosure in accordance with Rule
06/12/201110:31 Efficient Group Limited - Dealing in securities
06/12/201110:27 Village Main Reef Limited - Final update regarding disposal of
06/12/201110:05 Indequity Group Limited - Abridged Audited Group Results for the year
06/12/201109:44 Gold One International Limited - Form 604 - notice of change of
06/12/201109:17 Famous Brands Limited - Dealings in securities
06/12/201109:09 WG Wearne Limited - Change to the board - appointment of financial
06/12/201109:00 African Eagle Resources Plc - JV partner announces high grade drill
06/12/201109:00 Anglo American plc - Anglo American approves 5 Mtpa Grosvenor
06/12/201108:56 William Tell Holdings Limited - Further Cautionary Announcement
06/12/201108:30 Northam Platinum Limited - Notice pursuant to section 45(5) of the
06/12/201108:00 Uranium One Inc - Uranium One Announces Final Terms for U.S.$463.5 million
06/12/201107:10 Anglo American plc - Treasury Shares - Transfers
06/12/201107:10 British American Tobacco p.l.c.- Transaction in own shares
06/12/201107:10 Gold One - Appendix 3B New Issue Announcement, Application for Quotation
06/12/201107:09 Gold One International Limited - Appendix 3B new issue announcement,
06/12/201107:08 Gold One International Limited - Appendix 3Y change of director`s
06/12/201107:07 Gold One International Limited - Appendix 3Y change of director`s
06/12/201107:06 Gold One International Limited - Appendix 3Y change of director`s interest
06/12/201107:05 Trustco Group Holdings Limited - Withdrawal of Cautionary Announcement
06/12/201107:05 BHP Billiton Plc - Petrohawk Form-10q filing with sec
06/12/201107:05 Real Africa Holdings Limited - Amendment to announcement on
06/12/201107:05 Gold One International Limited - Appendix 3Y change of director`s
06/12/201107:05 Datatec Limited - Investors/Analysts teach-in day

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