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 The Sharenet Daily 
Thursday, 12 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)

Rand breaches resistance to hit 5-week high vs dollar

JOHANNESBURG (Reuters) - The South African rand rallied to a five-week high against the dollar on Thursday, breaking through resistance levels as manufacturing data signalled improved economic growth.

Rising risk appetite globally, underpinned by solid Spanish and Italian bond auctions, also supported the rand.

The South African currency gained 0.4 percent after the better-than-expected manufacturing data, raising hopes that economic growth in the last quarter of 2011 might have improved from 1.4 percent quarter-on-quarter growth in the third quarter.

By 1518 GMT, the rand was at 8.06 to the dollar, coming back from the session's high of 8.01, its strongest level since December 8, after closing at 8.0880 on Wednesday in New York.

"Some positive events for risk out today; we had very good auctions in the periphery of Europe which were well subscribed, with the market taking that as very positive for risk, and the rand rallied quiet hard on the back of that," said Duncan Howes, a currency trader at Absa Capital.

The risk-prone rand saw a slight sell-off due to a ratings warning for France, but investors quickly recovered their appetite for risk seeing the warning as "nothing new".

"All in all we had a more positive day for risk," Howes said. He sees the rand's next resistance level at around 7.95, which is its previous high and its 300-day moving average.

Government bonds benefited from the positive sentiment with yields ending 7.5 basis points lower on the 2015 bond and 5.5 basis points down on the 2026 issue.

Power utility Eskom announced it would sell up to 250 million rand spread between its 2018 and 2026 bonds next Wednesday in its first auction of the year.

Thu, 12 Jan 2012
Top News
South African banks such as fourth-largest lender Nedbank followed their European counterparts to close higher after a successful Spanish bond auction generated market optimism and buoyed stocks on Thursday.  Full story

Growth in South Africa's manufacturing output quickened to 2.6 percent year-on-year in volume terms in November compared with an upwardly revised 1.2 percent rise in October, Statistics South Africa said on Thursday.  Full story
A video showing what appear to be American forces urinating on dead Taliban fighters prompted anger in Afghanistan and promises of a U.S. investigation on Thursday, but the insurgent group said it would not harm nascent efforts to broker peace talks.  Full story
U.S. allies in Asia and Europe voiced support Thursday for Washington's drive to cut Iran's oil exports, though fear of self-inflicted economic pain is curbing enthusiasm for an embargo that a defiant Iran says will not halt its nuclear program.  Full story
Several Arab League monitors have left Syria or may do so soon because the mission has failed to halt President Bashar al-Assad's violent crackdown on a popular revolt against his rule, an Algerian former monitor said Thursday.  Full story
The euro jumped as strong demand at auctions for Italian and Spanish government debt on Thursday eased fears over the region's debt crisis,. . .  Full story
Britain's leading shares fell on Thursday after a profit warning from Tesco triggered sharp falls in retailers and eclipsed a lift for. . .  Full story
European shares fell on Thursday after a profit warning from retail heavyweight Tesco and weak U.S. retail and labour data more than. . .  Full story
European shares turned negative on Thursday, tracking falls on Wall Street after weak U.S. jobless and retail sales data offset investor optimism following a. . .  Full story

Strong bond auctions in Europe buoyed Wall Street stocks on Thursday, but weaker-than-expected U.S. data and a profit warning from energy major Chevron weighed. . .  Full story
Gold climbed towards $1,660 an ounce on Thursday after European Central Bank president Mario Draghi said the supply of cheap money released by. . .  Full story
U.S. stocks edged up at the open on Thursday after strong bond auctions in Europe, though weaker-than-expected U.S. data limited gains.. . .  Full story
European shares pared gains on Thursday after claims for U.S. jobless benefits were unexpectedly high in the latest week at 399,000 and U.S.. . .  Full story
SA Business
South African logistics group Transnet and Swaziland Railways have agreed to build a new rail line via Swaziland that would ease congestion on a main coal export line and boost trade. . .  Full story
South Africa's rand steadied against the dollar on Thursday and should remain in ranges ahead of manufacturing output data that will be released at 1100 GMT.. . .  Full story
Gold prices edged higher on Thursday on concerns about the euro zone debt crisis ahead of Spain's bond auction and an European Central Bank meeting, as robust buying from China and. . .  Full story

South Africa's unsecured lender Capitec Bank is aiming to boost transaction income in a year which it expects to be challenging in terms of interest revenue, the rapidly expanding bank's finance director said.. . .  Full story
Maize deliveries to South African silos rose to 9.609 million tonnes in the week to January 6, up from 9.601 million tonnes at the end of December, data showed on Thursday.. . .  Full story
Company News
Shareholders are advised that Grindrod expects its earnings per share and headline earnings per share for the twelve month period ended. . .  Full story
Shareholders are advised that the company has entered into negotiations which may have a material effect on the price of the. . .  Full story
Further to the cautionary announcements dated 28 November 2011, 28 September 2011, 18 August 2011, 23 May 2011 and 6. . .  Full story
Shareholders are advised that Mr Clive Knobbs and Mr Petrus (Pine) Pienaar, both independent non- executive directors of Miranda have tendered. . .  Full story

Shareholders are referred to the cautionary announcements published on SENS on 17 October 2011 and 28 November 2011 wherein it was advised that the company has entered into negotiations to dispose. . .  Full story
Further to the announcement by the company on 10 January 2012, advising shareholders that the High Court (North Gauteng) has interdicted and restrained Miranda from proceeding with a proposed increase of. . .  Full story
Shareholders of Absa and Absa Bank Ltd ("Absa Bank") are advised that the financial results for the year ended 31 December 2011 will be released on SENS and placed on Absa's. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0033008.52181.470.55%
JSE Top 4017:0029434.13157.750.54%
JSE Gold17:002914.0324.160.84%
JSE Financial17:0022902.41208.930.92%
JSE Industrial17:0034759.9281.540.24%
JSE Indust 2517:0029067.5231.180.11%
JSE Resource17:0054272.78409.990.76%
DJ Futures19:4612365.00-23.00-0.19%
DJ Ind19:4512437.19-12.26-0.10%
SP 50019:561291.48-1.00-0.08%
FTSE 10018:355662.42-8.40-0.15%
All Ords07:414238.40-4.50-0.11%
NZSE 5006:463219.83-16.70-0.52%
NameTimeRPMove% Move
Gold/R kg20:0042723822050.52%
Brent Crude19:56113.41.930.83%
Rand / Dollar19:598.0415-0.0437-0.54%
Rand / Pound19:5512.3044-0.0574-0.46%
Rand / Euro19:5510.32190.04740.46%
Rand / NZD19:586.3792-0.0658-1.02%
Rand / AUD19:558.3068-0.0282-0.34%
Yen / Dollar19:5976.6900-0.1540-0.20%
Euro / Dollar19:550.7790-0.0076-0.97%
Dollar / Euro19:591.28350.01291.02%
Pound / Dollar19:550.6518-0.0004-0.06%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 AFGRI  599539.71.%205816
2 AMECOR  235177.80.%56390
3 SABLE  17991247.40.%9796
4 ELLIES   237146.28.%376552
5 DELTA  900505.88.%62640
6 EQSTRA  771314.19.%348946
7 AFRO-C  22594.17.%57987
8 CERAMIC  104993993.95.%14898
9 INVICTA  54002003.85.%52514
10 LONAFRIC  13553.85.%100
11 AFROX  1865653.61.%171251
12 BLUETEL  590203.51.%321065
13 URONE  1919643.45.%13960
14 SPAR  110003493.28.%249158
15 YORK  380102.70.%20462
16 ZEDER  26972.67.%75383
17 MRHLD  2700682.58.%1107595
18 ANOORAQ  410102.50.%6890
19 TRUSTCO  12332.50.%262500
20 MRPRICE  86302062.45.%943048

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Major Moves Down
SharenameSaleMove% MoveVolume
1 MMG  231-20-7.97.%17404
2 JUBILEE  154-10-6.10.%122200
3 ROLFES  335-15-4.29.%84468
4 MVELASERV  1040-40-3.70.%21035
5 MAS  1075-35-3.15.%6000
6 VERIMARK  126-4-3.08.%104700
7 TREMATON  160-5-3.03.%12600
8 NICTUS  485-14-2.81.%8143
9 MUSTEK  569-16-2.74.%42750
10 METROFILE  283-7-2.41.%30484
11 GOLDONE  420-10-2.33.%38254
12 PBT  189-4-2.07.%177000
13 REDEFINTL  545-10-1.80.%57606
14 HOWDEN  1425-25-1.72.%2736
15 OCEANA  4521-79-1.72.%60765
16 MTN  13060-210-1.58.%18147982
17 CAPCO  2263-35-1.52.%192091
18 PERGRIN  1005-15-1.47.%29997
19 DRDGOLD  472-7-1.46.%1542946
20 BATS  36890-500-1.34.%2011188

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New Highs
SharenameSaleHighMove% MoveVolume
1 AMECOR  235250177.80.%56390
2 SABLE  179917991247.40.%9796
3 ELLIES   237237146.28.%376552
4 MRPRICE  863086462062.45.%943048
5 HUDACO  949995001962.11.%17160
6 BARWORLD  816082001602.00.%929660
7 FIRSTRAND  21772183421.97.%9498466
8 DISCOVERY  44444450831.90.%1664367
9 ABSA  14750147732651.83.%800701
10 OLDMUTUAL  17631785231.32.%7461554
11 RMBH  28702882351.23.%2290411
12 GROWPNT  19551956201.03.%2050934
13 PINNACLE  11941215110.93.%1013427
14 CLOVER  1228126030.24.%86360
15 REMGRO  1225012400250.20.%669262
16 SPURCORP  155016040.65377

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New Lows
SharenameSaleLowMove% MoveVolume
1 LONMIN  1219912060190.16.%391681

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Index Summary
Index NameRPMove% Move
Top 4029,434.13157.750.54%
Mid Cap44,899.81274.920.62%
Small Cap33,668.95222.310.66%
Resource 2054,272.78409.990.76%
Industrial 2529,067.5231.180.11%
Financial 158,634.4589.261.04%
Financial & Ind. 3032,375.36119.280.37%
All Share33,008.52181.470.55%
Oil & Gas 29,891.45.000.00%
Mining 35,005.60301.030.87%
Gold Mining2,914.0324.160.84%
Platinum Mining62.73.150.24%
GENERAL MINING8,709.8084.820.98%
Oil & Gas Producers 16,
Basic Materials 29,611.39251.490.86%
Chemicals 14,101.1664.700.46%
Forestry & Paper 11,991.81.480.00%
Industrial Metals 31,235.70386.021.25%
Industrials 29,548.03161.480.55%
General Industrials 83,541.03554.940.67%
Consumer Goods 29,854.78129.880.44%
Automobiles & Parts 4,687.4345.290.98%
Household Goods159.0621.09%
Health Care 36,671.29322.540.89%
Index NameRPMove% Move
Food Producers 55,601.54220.980.40%
Personal Goods 432.365.991.40%
Consumer Services 59,343.49250.980.42%
General Retailers 50,397.57373.550.75%
Travel & Leisure 3,712.8930.480.83%
Media 79.68-1.02-1.26%
Support Services 2,256.44-5.64-0.25%
Telecommunications 64,462.33-816.88-1.25%
Financials 22,902.41208.930.92%
Banks 42,667.87554.241.32%
Non-life Insurance 34,676.20.000.00%
Life Insurance 18,354.35160.330.88%
General Financial 2,124.5712.900.61%
Technology 26,211.4073.580.28%
SHARIAH TOP40 3,157.30180.57%
FTSE/JSE SHARIAH ALL3,230.20190.58%
COAL MINING23,978.922340.98%
FTSE JSE Fledgling 4,891.22-1-0.02%
FTSE/JSE Alt X 1,255.79352.84%
RESOURCE 29,913.222190.74%
DIVIDEND PLUS182.6810.71%
FTSE/JSE RAFI 406,873.07420.61%
Capped Top 4015,466.08770.50%
Capped All Share16,674.51890.54%
JSE TABACO 4,713.89-64-1.34%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
13 Jan 2012MASNovember 2011 (Q)
13 Jan 2012TELEMASTRSeptember 2012 (Final)
18 Jan 2012FORBESNovember 2011 (Q)
19 Jan 2012ELLIESOctober 2011 (Interim)
19 Jan 2012FIURANIUMDecember 2011 (Q)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
AFPREFINV12-01-0612-01-2012-01-30R 0.2518
REUNERT5.512-01-0612-01-2012-01-30R 0.0550
TELEMASTR11-12-2112-01-1312-01-23R 0.0100
NAMPAK 6%P11-12-0812-01-2012-01-30R 0.0600
NAMPAK 6.511-12-0812-01-2012-01-30R 0.0650
Ex Div**
Share NameDec-DateLDTPay-DateAmount
TIGBRANDS11-11-2312-01-0612-01-16R 5.1000
OCEANA11-11-1012-01-0612-01-16R 1.8300
ADCOCK11-11-2212-01-0612-01-16R 1.0600
BARWORLD11-11-1412-01-0612-01-16R 1.0500
PPC11-11-0812-01-0612-01-16R 0.9500

Upcoming AGMs**
CodeCompany NameDateStatus
BCXBusiness Connexion Group Ltd13/01/2012Unconfirmed
BCABusiness Connexion Group Ltd13/01/2012Unconfirmed
CLSClicks Group Ltd17/01/2012Confirmed
POYPoynting Holdings Ltd18/01/2012Confirmed
CCLCompu-Clearing Outsourcing Ltd19/01/2012Confirmed

Stock Exchange News Service
12/01/201217:30 Lonrho plc - TR-1: Notification of major interest in shares
12/01/201216:35GND/GNDP - Grindrod Limited - Trading Statement
12/01/201216:34GND/GNDP - Grindrod Limited - Cautionary announcement
12/01/201216:30INL/INP - Investec Limited/Investec plc - Director dealing in securities
12/01/201216:24 Palabora Mining Company Limited - Fourth Quarter 2011 - operations
12/01/201215:30 Wescoal Holdings Limited - Renewal of cautionary announcement
12/01/201215:00 Miranda Mineral Holdings Limited - Resignation of directors
12/01/201214:52 Eqstra Holdings Limited - Renewal of cautionary announcement
12/01/201214:49 Taste Holdings Limited - Dealings in securities
12/01/201214:20 IPSA Group Plc - Completion of sale of turbines
12/01/201213:21IND228 - iNdwa Investments Limited - Listing of New Financial Instrument
12/01/201213:19TFS77 - Toyota Financial Services (South Africa) (Proprietary) Limited -
12/01/201212:45 Brikor Limited - Renewal of cautionary announcement
12/01/201212:15 Nutritional Holdings Limited - Further cautionary announcement
12/01/201211:41 Famous Brands Limited - Dealings in securities
12/01/201211:38NEDB - Nedbank Limited - Expiry of share instalments
12/01/201210:19IVA202 - iVuzi Investments Limited - Full Capital Redemption
12/01/201210:18DENG21 - Denel SOC Limited - Full Capital Redemption
12/01/201209:42 Miranda Mineral Holdings Limited - Miranda requests suspension of its
12/01/201209:33 Metair Investments Limited - Renewal of cautionary announcement
12/01/201209:15ASA/ABSP - ABSA Group Limited/ABSA Bank Limited - ABSA Group and ABSA Bank:
12/01/201209:01 Insimbi Refractory and Alloy Supplies Limited - Dealings in
12/01/201208:55 Spanjaard Limited - Dealings in securities by a director
12/01/201208:40BIFR1 - FirstRand Bank Limited - Interest Rate Reset announcement
12/01/201208:00 Mr Price Group Limited - Trading update for third quarter (Q3 FY2012)
12/01/201207:55NFTRCI - NewFunds TRACI 3 month ETF - Initial Offer for NewFunds TRACI 3
12/01/201207:43NFEMOM - NEWFUNDS Equity Momentum ETF - Initial Offer for NewFunds Equity
12/01/201207:42NFSWIX - NEWFUNDS SWIX 40 ETF - Initial Offer for NewFunds SWIX 40 ETF
12/01/201207:41NFILBI - NEWFUNDS ILBI ETF - Initial Offer for NewFunds ILBI ETF Participatory
12/01/201207:40NFGOVI - NEWFUNDS GOVI ETF - Initial Offer for NewFunds GOVI ETF Participatory
12/01/201207:10 Anglo American plc - Treasury Shares - Transfers

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