Having trouble reading this email? View in your web browser
 The Sharenet Daily 
Monday, 23 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's rand, bonds gain on positive sentiment

JOHANNESBURG (Reuters) - South Africa's rand gained against the dollar in afternoon trade on Monday, reversing earlier losses as exporters sold the greenback close to the 8 rand level and as investors hoped Greece would find a solution avoid a messy default.

Yields on government bonds were down as prices rose slightly to follow the firmer rand, but dealers see the gains as limited especially on the shorter end of the curve as investors fret rising inflation in the local economy.

The rand was 0.44 percent firmer against the dollar at 7.91 by 1541 GMT, compared to a 7.9450 close on Friday.

Euro zone finance ministers are meeting on Monday to decide on the terms of a Greek debt restructuring deal and investors appear to be optimistic, steadily picking up risky assets.

"It does look like its a function of pent up demand for riskier assets," said Richard Farber, a trader at WWC Securities in Johannesburg.

The 2015 bond yield dropped 4 basis points to 6.67 percent while the 2026 issue gave up 2.5 basis points to 8.33 percent.

"And assuming that you get positive sentiment regarding the Greek discussions and a general softening of concerns surrounding the euro zone sovereign debt crisis, I would imagine the rand would continue to be better bid but I can't see bonds being too aggressive," Farber said, adding that the U.S. ten year bond yield had risen.

The short end of the yield curve is more likely to have its gains capped as inflation remains a worry after the central bank increased its forecasts for consumer inflation last week.

Foreign accounts were net buyers of local bonds for the first week since the start of 2012 last week, picking up 2 billion rand of debt while still selling shares.

The bond market will trade around an auction of 2.1 billion rand in government debt on Tuesday, whose results are out at 0900 GMT.

Mon, 23 Jan 2012
Top News
South Africa's broad All-share index posted its fifth straight record closing high on Monday, with miners buoyed by higher metal prices, but charts suggest the index has limited room to climb higher.  Full story

Mali is seeking to raise the state share in mining projects to 25 percent from 20 percent in a proposed revision to the West African gold producer's mining law, a senior official at the state regulator told Reuters on Monday.  Full story
Syria on Monday rebuffed as a "conspiracy" an Arab League call for President Bashar al-Assad to step down in favour of a unity government to calm a 10-month-old revolt in which thousands of Syrians have been killed.  Full story
The European Union banned imports of oil from Iran on Monday and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at deflecting Tehran's nuclear development programme.  Full story
Uhuru Kenyatta, Kenya's finance minister and son of its founder president, must stand trial at the International Criminal Court for directing a militia to murder and rape after a disputed 2007 election, ICC judges ruled on Monday.  Full story
U.S. stocks were little changed on Monday as recent earnings reports and development in the euro zone provided little incentive to disrupt the recent. . .  Full story
Britain's top share index hit a six-month closing high on Monday, fuelled by banks and commodity stocks, as fears receded over the potential. . .  Full story
European stocks hit their highest close since early August on Monday, with euro zone banks gaining sharply following a report that France. . .  Full story
The euro rose to three-week highs against the dollar and world stocks edged up on signs a deal may be reached on a. . .  Full story

Gold hit six-week highs on Monday as the euro recovered against the dollar and other commodities climbed, with confidence in the precious metal rising. . .  Full story
U.S. stocks opened little changed on Monday after equities posted their best week in a month as the euro zone debt crisis and. . .  Full story
European stocks were higher on Monday afternoon, up for the fifth time in six sessions as banking stocks surged following a report that. . .  Full story
European shares inched higher on Monday morning led by banking and cyclical stocks ahead of a meeting by euro zone finance ministers at. . .  Full story
SA Business
South Africa's All-Share index edged up to a new record of 33,723.81 in early Monday trade but shed gains to 33,683.80, down 0.06 percent in skittish trade.. . .  Full story
South Africa's rand softened against the dollar on Monday and could weaken further as failure by Athens and its creditors to clinch a debt swap deal re-ignited worries of a chaotic Greek default.. . .  Full story
Company News
Shareholders are hereby notified that Mr Johan Breedt, an executive director, has resigned from the board of directors of B&W with. . .  Full story
Shareholders are advised that all the ordinary and special resolutions which were proposed at the annual general meeting held on Friday,. . .  Full story
ARM regrets to announce that an employee was fatally injured at the Two Rivers Platinum Mine, a joint venture with Impala. . .  Full story
Imperial announced that Mr DD Gnodde, the CEO of the Regent group, will step down as CEO of the Regent group. . .  Full story

Implats advised that a work stoppage involving rock drill operators (RDO's) numbering approximately 5 000 employees began on Friday, 20 January 2012 and continues at the company's Rustenburg operations. The work. . .  Full story
The Sunday Times Business Times reported that Thabex and CEO Marius Welthagen are very upset over a R10 million investment they made in acquiring a 60% shareholding in Lesotho's Angel Diamonds.. . .  Full story
The board of Gijima and CEO Jonas Bogoshi learnt via the City Press of Sunday, 22 January 2012, that the Public Protector is investigating the awarding of the Who Am I. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0033940.48237.100.70%
JSE Top 4017:0030365.89249.490.83%
JSE Gold17:002865.6535.941.27%
JSE Financial17:0023798.46143.810.61%
JSE Industrial17:0035460.79217.660.62%
JSE Indust 2517:0029750.93220.730.75%
JSE Resource17:0056122.64455.790.82%
DJ Futures19:5612630.00-24.00-0.19%
DJ Ind19:4112678.96-41.52-0.33%
SP 50019:561312.13-3.25-0.25%
FTSE 10018:355782.5654.010.94%
All Ords07:174287.60-15.40-0.36%
NZSE 5006:463295.0218.560.57%
NameTimeRPMove% Move
Gold/R kg19:5642750651451.22%
Brent Crude19:56110.551.541.41%
Rand / Dollar19:597.9294-0.0178-0.22%
Rand / Pound19:5512.3205-0.0055-0.04%
Rand / Euro19:5510.32090.07820.76%
Rand / NZD19:586.42520.02340.37%
Rand / AUD19:558.35530.02450.29%
Yen / Dollar19:5976.9610-0.0170-0.02%
Euro / Dollar19:550.7682-0.0079-1.02%
Dollar / Euro19:531.30120.01291.00%
Pound / Dollar19:550.6419-0.0011-0.17%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 HWANGE  3906018.18.%2172
2 GBGOLD  876698.55.%2000
3 PHUMELELA  1100807.84.%242423
4 ONELOGIX  160106.67.%30009
5 JUBILEE  210105.00.%241258
6 EXCELL  11054.76.%9500
7 AVUSA  2000804.17.%12285
8 WESIZWE  15164.14.%913922
9 ALTRON-P  2348873.85.%747476
10 DAWN  545203.81.%12000
11 JASCO  11243.70.%1367911
12 COAL  800263.36.%620272
13 BLUETEL  609193.22.%724821
14 SABMILLER  294998753.06.%3064886
15 DISTELL  74982223.05.%14797
16 AQUARIUS  2281662.98.%214750
17 CAT  1494432.96.%3620
18 AMECOR  24772.92.%2754
19 HARMONY  92432482.76.%1172860
20 TRNSHEX  34992.65.%329812

Click here for more Major Moves...
Major Moves Down
SharenameSaleMove% MoveVolume
1 AFRO-C  240-20-7.69.%49592
2 HOSP-B  480-30-5.88.%39903
3 ROCKWELL  425-25-5.56.%4000
4 KEATON   255-15-5.56.%75022
5 AFRIMAT  490-25-4.85.%70450
6 BELL  2023-87-4.12.%12155
7 URONE  2185-72-3.19.%10805
8 COMAIR  155-5-3.13.%538669
9 CLICKS  4080-130-3.09.%4683271
10 PREMIUM  1425-45-3.06.%116474
11 KELLY  350-11-3.05.%48683
12 MIXTEL  160-5-3.03.%33000
13 RANGOLD  270-8-2.88.%1000
14 KAP  305-9-2.87.%100900
15 HOSP-A  1290-35-2.64.%145200
16 ZEDER  260-7-2.62.%892293
17 ESORFRANK  140-3-2.10.%116401
18 MASSMART  17957-343-1.87.%350237
19 GOLDONE  411-7-1.67.%18440
20 RAINBOW  1525-25-1.61.%78

Click here for more Major Moves...

New Highs
SharenameSaleHighMove% MoveVolume
1 ONELOGIX  160160106.67.%30009
2 EXCELL  11011054.76.%9500
3 CML  25502607502.00.%788731
4 OLDMUTUAL  18341845221.21.%10835127
5 DISCOVERY  46504665250.54.%1408828
6 RESILIENT  37003899100.27.%58614
7 RMBH  2996302770.23.%1157640
8 FIRSTRAND  2285231150.22.%12815833
9 MRPRICE  8900898780.09.%1299921
10 NEDCOR  1567515800-25-0.16.%830085
11 REMGRO  1247512614-25-0.20.%439868
12 IMPERIAL  1330013449-50-0.37.%676364
13 TFG  1097111500-49-0.44.%616230
14 ABSA  1507015175-70-0.46.%1388341

Click here for more Major Moves...
New Lows
SharenameSaleLowMove% MoveVolume

Click here for more Major Moves...

Index Summary
Index NameRPMove% Move
Top 4030,365.89249.490.83%
Mid Cap45,445.1121.280.05%
Small Cap33,814.7355.890.17%
Resource 2056,122.64455.790.82%
Industrial 2529,750.93220.730.75%
Financial 159,018.8865.640.73%
Financial & Ind. 3033,370.12269.490.81%
All Share33,940.48237.100.70%
Oil & Gas 30,978.89-39.36-0.13%
Mining 36,101.97367.951.03%
Gold Mining2,865.6535.941.27%
Platinum Mining64.11-.26-0.40%
GENERAL MINING9,104.33112.911.26%
Oil & Gas Producers 16,656.78-21.16-0.13%
Basic Materials 30,501.01282.640.94%
Chemicals 13,977.65-59.24-0.42%
Forestry & Paper 12,639.62-26.52-0.21%
Industrial Metals 31,225.243.300.01%
Industrials 29,959.19-61.70-0.21%
General Industrials 84,342.79-326.41-0.39%
Consumer Goods 30,637.11462.101.53%
Automobiles & Parts 4,626.29-29.44-0.63%
Household Goods164.12-1-0.71%
Health Care 36,621.02-25.51-0.07%
Beverages 100.802.993.06%
Index NameRPMove% Move
Food Producers 56,730.01-208.66-0.37%
Personal Goods 453.942.400.53%
Consumer Services 59,940.87-74.95-0.12%
General Retailers 51,253.5331.990.06%
Travel & Leisure 3,816.3519.460.51%
Media 82.83-.04-0.05%
Support Services 2,270.438.390.37%
Telecommunications 66,624.96426.450.64%
Financials 23,798.46143.810.61%
Banks 44,774.66276.920.62%
Non-life Insurance 35,049.64-371.01-1.05%
Life Insurance 18,882.22142.540.76%
General Financial 2,272.6322.230.99%
Technology 26,667.48-95.21-0.36%
SHARIAH TOP40 3,260.08220.68%
FTSE/JSE SHARIAH ALL3,328.20200.62%
COAL MINING25,411.83-175-0.68%
FTSE JSE Fledgling 5,019.17290.58%
FTSE/JSE Alt X 1,226.06-7-0.58%
RESOURCE 30,872.452620.86%
DIVIDEND PLUS188.0010.72%
FTSE/JSE RAFI 407,104.63500.71%
Capped Top 4015,944.791290.81%
Capped All Share17,141.661190.70%
JSE TABACO 4,664.06511.10%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
24 Jan 2012ELLIESOctober 2011 (Interim)
26 Jan 2012CBHDecember 2011 (Interim)
27 Jan 2012HUDACONovember 2011 (Final)
27 Jan 2012ZURICH SADecember 2011 (Final)
01 Feb 2012ARROWASeptember 2011 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
FOORDCMPS12-01-1912-02-0312-02-13R 0.4961
PNR FOODS11-11-2812-01-2712-02-06R 0.4000
WINHOLD11-11-2812-02-1012-02-20R 0.0700
TREMATON11-11-1512-02-0312-02-13R 0.0200
SBR00311-11-0812-01-2712-02-06R 1.4700
Ex Div**
Share NameDec-DateLDTPay-DateAmount
CLICKS11-10-2012-01-2012-01-30R 0.8800
AFPREFINV12-01-0612-01-2012-01-30R 0.2518
NAMPAK 6.511-12-0812-01-2012-01-30R 0.0650
NAMPAK 6%P11-12-0812-01-2012-01-30R 0.0600
REUNERT5.512-01-0612-01-2012-01-30R 0.0550

Upcoming AGMs**
CodeCompany NameDateStatus
EFGEfficient Group Ltd23/01/2012Confirmed
BAUBauba Platinum Ltd23/01/2012Confirmed
RINRedefine Properties International Ltd24/01/2012Confirmed
AIPAdcock Ingram Holdings Ltd24/01/2012Confirmed
TMTTrematon Capital Investments Ltd25/01/2012Confirmed

Stock Exchange News Service
23/01/201217:45 IFCA Technologies Limited - Further update to the mandatory offer,
23/01/201217:30 B & W Instrumentation and Electrical Limited - Change to the board of
23/01/201217:01 Gold Fields Limited - Gold Fields to release results for the quarter and
23/01/201216:50 Securedata Holdings Limited - No change statement and notice of annual
23/01/201216:21 Sephaku Holdings - Results of annual general meeting
23/01/201216:18 Bauba Platinum Limited - Results of Annual General Meeting
23/01/201216:07BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments
23/01/201215:47 Efficient Group Limited - Results of annual general meeting and general
23/01/201215:35 Argent Industrial Limited - Changes to the board: Non-executive directors
23/01/201215:25 Holdsport Limited - Resignation of Non-executive director
23/01/201215:16 Distell Group Limited - Trading Statement
23/01/201214:37 Argent Industrial Limited - Changes to the board: Company Secretary
23/01/201214:00SALD - Sallies Limited - Results of Fluormin`s offer to acquire Sallies
23/01/201213:24BIIND - iNdwa Investments Limited - Full Capital Redemption
23/01/201213:23BIIND - iNdwa Investments Limited - Listing of Tap Issues
23/01/201213:10 African Rainbow Minerals Limited - Fatality at Two Rivers Platinum Mine
23/01/201212:30 Imperial Holdings Limited - Change to the executive management of the
23/01/201211:57 Famous Brands Limited - Dealings in securities
23/01/201211:26BIBID - Bidvestco Limited - Full Capital Redemption
23/01/201211:02 Jasco - Acquisition by Jasco of Ferrotech
23/01/201210:59 Spanjaard Limited - Dealings in securities by a director
23/01/201210:58 Convergenet Holdings Limited - Adjournment of Annual General Meeting
23/01/201210:49BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement
23/01/201210:00 Impala Platinum Holdings Limited - Work stoppage by Rock Drill Operators
23/01/201210:00 Famous Brands Limited - Famous Brands voluntary sales update
23/01/201209:48 Winhold Limited - Dealings in securities by a director
23/01/201209:42BIHO - Home Obligors Mortgage Enhanced Securities (Proprietary) Limited -
23/01/201209:37 Mobile Industries Limited - Suspension of listing on the JSE Limited
23/01/201207:14 Gijima Group Limited - Gijima welcomes public protector investigation
23/01/201207:05HPA/HPB - Hospitality Property Fund Limited - Cautionary announcement
23/01/201207:05 Trans Hex Group Limited - Renewal of cautionary announcement relating to

Click here for more SENS news