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 The Sharenet Daily 
Tuesday, 03 January 2012 - 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 rand starts 2012 firm, volatility to persist

JOHANNESBURG (Reuters) - South Africa's rand firmed to a three-week high against the dollar in a bullish start to the year, as investors unloaded dollars to take on risk on Tuesday.

Government bonds barely moved and volumes remain thin as players drifted back slowly to the markets after the end of year holiday lull. Investors will likely take positions after the government announces next week's auction plans in Wednesday's session.

The rand was firming for the fourth day on Tuesday and traded as strong as 8.02 against the dollar, levels last seen on December 8. It was up 0.7 percent from its previous 8.0750 close in New York trade.

"So far we've opened pretty much risk on. I think that's more a factor of guys wanting to take profits on dollar long positions," said Oliver Alwar a trader at Standard Bank.

"If you look at market positioning, the markets have been short euro for quite some time but going into year end and at the start of the year we've seen people lightening on dollar long positions, that's why we've seen a weaker dollar."

The dollar made about 22 percent worth of gains on the rand in 2011, making the rand one of the worst performing emerging market currencies.

Dealers expect volatility to remain a challenge this year while Europe's debt crisis persists and makes any rand gains difficult.

"It's going to be markets with indecision and no sort of finality," Standard Bank's Alwar added.

Yields on government bonds were little changed on Tuesday with the yield on the 2015 bond closing at 6.73 percent from 6.72 percent on Friday. The 2026 yield ended at 8.49 percent compared with 8.47 percent previously.

Going into the year "the global risk environment - especially how the euro debt situation pans out, the local inflation trajectory and any sign of growth recovery" are likely to be the main themes on the local bond market this year, Di Luo, a fixed income strategist at HSBC Bank said.

Tue, 03 Jan 2012
Top News
South African stocks jumped nearly 3 percent in the first trading day of 2012, booking their highest close since early December as better-than-expected Chinese manufacturing data helped drive mining companies higher.  Full story

Two cargo ships of yellow maize from Romania are en route to South Africa's Western Cape province for unloading, the head of producer group Grain SA said on Tuesday.  Full story
Iran threatened on Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran's most aggressive statement yet after weeks of sabre-rattling as new U.S. and EU financial sanctions take a toll on its economy.  Full story
The commander of Syria's armed rebels threatened on Tuesday to step up attacks on President Bashar al-Assad's forces, saying he was frustrated with Arab League monitors' lack of progress in ending a government crackdown on protests.  Full story
Party agents flooded the streets with banners and verses from the Koran as the third phase of Egypt's parliamentary election began on Tuesday, with Islamists seeking to dominate an assembly that will rival the clout of the ruling generals.  Full story
Britain's top shares powered ahead at the start of the new trading year on Tuesday as upbeat economic data from the United States,. . .  Full story
Gold rose 2.5 percent on Tuesday, on track for its largest one-day gain in about two months, as economic optimism sparked broad-based equities and. . .  Full story
Wall Street stocks kicked off 2012 with a sharp rally on Tuesday after data showed U.S. manufacturing activity and construction spending picked up, signaling. . .  Full story
The euro and stocks advanced Tuesday and U.S. Treasuries fell as better-than-expected data in the United States and Europe spurred hopes for the. . .  Full story

European stocks rose to their highest close in five months on Tuesday after strong manufacturing data from the world's two biggest economies, the United. . .  Full story
European shares extended gains on Tuesday after U.S. manufacturing data came in ahead of forecasts, boosting investors' confidence in the strength of the recovery. . .  Full story
U.S. stocks opened sharply higher on Tuesday as better-than-expected Chinese and German data boosted optimism about the global economy after the S&P 500 index. . .  Full story
European stocks were higher early Tuesday afternoon, hitting a two-month high on sharp gains in cyclical mining shares, while simmering concerns over the euro. . .  Full story
SA Business
Refiners in South Africa are seeking nearly 80,000 tonnes of diesel for delivery in January through spot tenders issued late last week, industry sources said on Tuesday.. . .  Full story
South Africa's rand was slightly firmer against the dollar on the second trading day of the year on Tuesday and should stay largely rangebound as market players drift slowly back after the Christmas and New Year breaks.. . .  Full story

Foreigners bought a net 1.3 billion rand of South African shares and 1.2 billion rand in local bonds last week, data from exchange operator JSE Ltd showed on Tuesday.. . .  Full story
Company News
The board of directors of ADAPT IT advised shareholders that agreement has been reached between ADAPT IT and the vendors specified. . .  Full story
Anglo announces that it has received a letter from Codelco on 2 January 2012 which confirms its attempt to purchase up. . .  Full story
Shareholders are advised that the Annual Report for the year ended 30 June 2010 was dispatched on or about 30 December. . .  Full story
Further to the SENS announcements dated 26 September 2011, 6 October 2011, 11 October 2011 and 15 November 2011, shareholders were. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0032768.35782.682.45%
JSE Top 4017:0029263.24793.432.79%
JSE Gold17:002898.6651.431.81%
JSE Financial17:0022571.58337.251.52%
JSE Industrial17:0034894.08577.291.68%
JSE Indust 2517:0029305.09545.451.90%
JSE Resource17:0053343.692063.844.02%
DJ Futures19:4012367.00217.001.79%
DJ Ind19:4112392.99175.431.44%
SP 50019:561275.6912.671.00%
FTSE 10018:355699.91127.632.29%
All Ords07:384155.2044.201.08%
NZSE 5030/123274.7128.460.88%
NameTimeRPMove% Move
Gold/R kg19:56412976121563.03%
Brent Crude19:56110.862.532.34%
Rand / Dollar19:598.0279-0.0319-0.40%
Rand / Pound19:5512.53030.04250.34%
Rand / Euro19:5510.47640.03750.36%
Rand / NZD19:586.33620.04980.79%
Rand / AUD19:558.31900.04870.59%
Yen / Dollar19:5976.6870-0.2260-0.29%
Euro / Dollar19:550.7658-0.0071-0.92%
Dollar / Euro19:571.30480.01130.87%
Pound / Dollar19:550.6387-0.0056-0.87%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 ARB  3994914.00.%4938
2 DAWN  5756512.75.%5000
3 PBT  195158.33.%33542
4 BILLITON  2487514456.17.%3274417
5 ANGLO  3112015205.14.%2713289
6 RICHEMONT  42621854.54.%6671182
7 TASTE  18584.52.%123735
8 LONMIN  126684683.84.%437769
9 KUMBAIO  5190019003.80.%307757
10 PAN-AF  19273.78.%567616
11 BARWORLD  77952823.75.%246595
12 TRUWTHS  76552703.66.%2697723
13 MUSTEK  580203.57.%137386
14 MONDILTDP  59302003.49.%107064
15 EXXARO  173755753.42.%289845
16 AFRO-C  21573.37.%18163
17 MASSMART  174655643.34.%260461
18 IMPERIAL  127453953.20.%220817
19 HULAMIN  876273.18.%56537
20 AFGRI  540163.05.%198531

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Major Moves Down
SharenameSaleMove% MoveVolume
1 WINHOLD  122-14-10.29.%98262
2 ROLFES  330-20-5.71.%75550
3 MVELAGRP  330-20-5.71.%39639
4 JUBILEE  161-9-5.29.%129100
5 EASTPLATS  435-22-4.81.%28601
6 CLIENTELE  1100-50-4.35.%21750
7 CBH  436-19-4.18.%3322
8 BASREAD  1356-54-3.83.%3291
9 CASHBIL  11350-450-3.81.%8789
10 COMAIR  156-6-3.70.%161946
11 GOLDONE  420-12-2.78.%82688
12 ALTRON-P  2200-58-2.57.%15145
13 SENTULA  190-5-2.56.%178142
14 HOWDEN  1384-26-1.84.%6840
15 WITSGOLD  3900-65-1.64.%100
16 OANDO  140-2-1.41.%25243
17 EQSTRA  739-10-1.34.%8600
18 A-V-I  3920-52-1.31.%1796593
19 VUKILE  1446-19-1.30.%555058
20 TRENCOR  3751-49-1.29.%2526

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New Highs
SharenameSaleHighMove% MoveVolume
1 MASSMART  17465174975643.34.%260461
2 AMA  22522562.74.%38166
3 FIRSTRAND  21292140552.65.%5804478
4 OLDMUTUAL  17471750432.52.%6727265
5 ASPEN  991099242422.50.%756996
6 TIGBRANDS  25500257214121.64.%334518
7 BELL  16151615251.57.%7688
8 CLICKS  46944700711.54.%865052
9 AFROC-P  70570560.86.%5000
10 A-V-I  39203999-52-1.31.%1796593
11 CASHBIL  1135011801-450-3.81.%8789

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New Lows
SharenameSaleLowMove% MoveVolume
1 ARROW-B  4064030.1719050

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Index Summary
Index NameRPMove% Move
Top 4029,263.24793.432.79%
Mid Cap44,300.58403.030.92%
Small Cap32,941.43-10.37-0.03%
Resource 2053,343.692063.844.02%
Industrial 2529,305.09545.451.90%
Financial 158,513.49150.311.80%
Financial & Ind. 3032,471.77604.991.90%
All Share32,768.35782.682.45%
Oil & Gas 29,588.75416.211.43%
Mining 34,378.551435.574.36%
Gold Mining2,898.6651.431.81%
Platinum Mining62.211.061.73%
GENERAL MINING8,507.48451.435.60%
Oil & Gas Producers 15,909.33223.791.43%
Basic Materials 29,089.971164.824.17%
Chemicals 13,692.5634.880.26%
Forestry & Paper 11,881.51243.272.09%
Industrial Metals 30,848.63842.082.81%
Industrials 28,912.01491.171.73%
General Industrials 81,486.681679.702.10%
Consumer Goods 29,817.56695.292.39%
Automobiles & Parts 4,438.34.000.00%
Household Goods154.2632.13%
Health Care 36,157.61483.351.35%
Beverages 98.701.962.03%
Index NameRPMove% Move
Food Producers 55,938.27374.760.67%
Personal Goods 425.6718.474.54%
Consumer Services 58,465.63766.521.33%
General Retailers 49,187.911113.212.32%
Travel & Leisure 3,690.5213.410.36%
Support Services 2,199.75-5.59-0.25%
Telecommunications 69,791.89263.970.38%
Financials 22,571.58337.251.52%
Banks 41,858.89681.031.65%
Non-life Insurance 34,554.9646.080.13%
Life Insurance 18,036.15393.932.23%
General Financial 2,128.0819.430.92%
Technology 25,493.0114.110.06%
SHARIAH TOP40 3,141.131043.43%
FTSE/JSE SHARIAH ALL3,209.02983.13%
COAL MINING23,804.276882.98%
FTSE JSE Fledgling 4,793.45190.40%
FTSE/JSE Alt X 1,258.51362.92%
RESOURCE 29,411.7811073.91%
DIVIDEND PLUS180.0221.33%
FTSE/JSE RAFI 406,821.701732.60%
Capped Top 4015,395.113922.61%
Capped All Share16,559.303862.39%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
09 Jan 2012ARROWASeptember 2011 (Final)
09 Jan 2012ARROWBSeptember 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
TELEMASTR11-12-2112-01-1312-01-23R 0.0100
GRANPRADE11-12-1312-01-0612-01-16R 0.6000
NAMPAK 6%P11-12-0812-01-2012-01-30R 0.0600
NAMPAK 6.511-12-0812-01-2012-01-30R 0.0650
BCX11-11-3012-01-0612-01-16R 0.4000
Ex Div**
Share NameDec-DateLDTPay-DateAmount
TFG11-11-0311-12-2912-01-09R 1.9000
CROOKES11-11-2911-12-2912-01-09R 0.6500
ILLOVO11-11-2311-12-2912-01-09R 0.2300
PBT11-11-3011-12-2912-01-09R 0.0333

Upcoming AGMs**
CodeCompany NameDateStatus
SFHSA French Ltd05/01/2012Confirmed

Stock Exchange News Service
03/01/201217:27 Oceana Group Limited - Disclosure regarding disposal of beneficial
03/01/201217:26 Oceana Group Limited - Disclosure regarding disposal of beneficial
03/01/201217:01 SABMiller plc - Notification of transactions of directors, persons
03/01/201217:00 SABMiller plc - Change in particulars of non-executive director
03/01/201216:00 Eastern Platinum Limited - News release: Us$100 Million debt facility
03/01/201215:44 Hyprop Investments Limited - Dealings in securities
03/01/201215:30 Astern Platinum Limited - News Release: US$100 Million debt facility
03/01/201215:08 Awethu Breweries Limited - Change statement and notice of annual general
03/01/201215:03 Buildmax Limited - Dealing in securities
03/01/201214:56 Adaptit Holdings Limited - Acquisition of BI Planning Services
03/01/201214:17GEN - GENERAL - JDH - Emphasis of matter
03/01/201212:31 Cashbuild Limited - Announcement regarding the passing of Mr Francois
03/01/201212:07 Vunani Limited - Erroneous posting of Vunani Property Investment Fund
03/01/201212:06ABLS3 - African Bank Limited - Interest Rate Reset Announcement
03/01/201212:06 Octodec Investments Limited - Posting of Octodec`s annual report and
03/01/201210:56ING116 - iNguza Investments (Proprietary) Limited - Partial Capital
03/01/201210:55 Anglo American Plc - Anglo American reaffirms that it is not obliged to
03/01/201210:29INVS - Investec Bank Limited - Expiry notice of barrier put securities on 17
03/01/201210:05 Bowler Metcalf Limited - Director`s dealing in securities
03/01/201209:42 Gold One International Limited - Form 604 - Notice of change of interests
03/01/201209:01 Lonrho Plc - Notification of major interest in shares
03/01/201209:00 Lonrho Plc - Result of firm placing and placing and open offer
03/01/201209:00 Blackstar Group SE - Cancellation of shares
03/01/201208:57 Famous Brands Limited - Dealings in securities
03/01/201208:49 Santam Limited - Director dealing in securities
03/01/201208:48 Top Fix - No Change Statement and Notice of Annual General Meeting
03/01/201207:06 Buildmax Limited - Dealing in securities
03/01/201207:05 BHP Billiton Plc - Notification of Change of Interests of Directors and
03/01/201207:05 Pinnacle Point Group Limited - Renewal of cautionary announcement

Click here for more SENS news