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 The Sharenet Daily 
Wednesday, 29 February 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 at 5-month high on yield pick up

By Xola Potelwa

JOHANNESBURG (Reuters) - The rand firmed nearly one percent on the dollar on Wednesday as risky assets gained from a cash injection from the European Central Bank, leading the local currency to shrug off a gaping trade deficit number reported during the session.

The ECB's three-year liquidity injection boosted the risk-prone local unit as the money was expected to find a home in emerging market assets such as the rand through carry trades, where investors use lower-yielding currencies to buy riskier and higher yielding assets.

The rand gained 0.6 percent on the euro and 0.9 percent on the dollar during the session.

South Africa's trade account showed a gaping 13.5 billion rand hole in January, nearly 10 billion rand wider than market expectations and the biggest trade deficit since January 2009.

However the rand was hardly moved by the weak data.

"The trade data had limited impact on the rand, the long term refinancing operation has provided nice cushions and dollar/rand remains at fresh year-to-date lows," said Gabor Ambrus, emerging market analyst at 4Cast.

The rand broke through 7.52/50 resistance late in the previous session, which opened an easy path to the lower 7.40's. It traded at a five-month high of 7.4020 in Wednesday's session.

"All emerging market currencies firmed, the take-up was a little more than expected and even though (the LTRO) was expected, that's a lot of new money looking for carry," Ambrus added.

Government bonds firmed slightly on the risk supportive sentiment. The yield on the 2015 note gave up 2.5 basis points to 6.61 percent while that on the 2026 issue dropped 3.5 basis points to 8.23 percent.

Wed, 29 Feb 2012
Top News
Growing global bullishness may erode South African stocks' perceived safe haven status, which helped them outperform many emerging markets last year despite infrastructure bottlenecks, political risk and rand volatility.  Full story

Group revenue from continuing operations grew from R395.2 million to R455.3 million. Operating profit rose to R148.7 million (R135.1 million), while net attributable profit was up at R560.7 million (R132.1 million). The total interim earnings per share (EPS) were higher than the comparable p  Full story
Heavy fighting raged near Baba Amro in Homs on Wednesday after elite Syrian troops attacked the rebel-held bastion that has endured 25 days of siege and fierce bombardment, activists said.  Full story
Iranian firm AHT exports millions of dollars worth of nuts and dried fruit from Iran each month but Western financial sanctions mean it gets little money in return. Instead it is paid with other goods, such as cardboard boxes and metal cans from China.  Full story
One by one, young Russians take the microphone in a smoky Moscow bar, struggling to be heard over jazz music, to swap ideas for keeping alive a nascent protest movement against Vladimir Putin.  Full story
U.S. stocks reversed early gains on Wednesday, prompting questions on whether the market's slow and steady rally of the past few months was. . .  Full story
Gold fell 3 percent on Wednesday for its biggest one-day drop in 2-1/2 months, as a dollar rally following U.S. Federal Reserve Chairman. . .  Full story
U.S. stocks fell on Wednesday as traders cashed in after indexes hit multi-year highs on stronger-than-expected economic data.. . .  Full story
European shares edged lower on Wednesday, after rising on the ECB's cheap funds offering, with U.S. Federal Reserve Chairman Ben Bernanke's testimony suggesting the. . .  Full story

European equities pared gains in late trade on Wednesday, tracking losses in the U.S. market that turned negative on weaker energy shares after. . .  Full story
U.S. stocks were slightly higher on Wednesday and the Nasdaq briefly hit the 3,000 level for the first time since December 2000 as. . .  Full story
U.S. stocks rose slightly at the open on Wednesday after stronger-than-forecast U.S. growth data and European banks borrowed more than a half trillion euros. . .  Full story
European shares were higher on Wednesday after the ECB provided 530 billion euros ($711 billion) of cheap funding for banks, reinforcing investors' optimism that. . .  Full story
SA Business
South Africa's trade account recorded a 13.5 billion rand deficit in January compared with a surplus of 4.7 billion rand in. . .  Full story
A Zimbabwean minister launched a verbal attack on Impala Platinum Chief Executive David Brown, saying on Wednesday he was "sick and. . .  Full story
South Africa's rand was a touch firmer against the dollar in early Wednesday trade, ticking up slightly after credit data added. . .  Full story
Growth in credit demand by South Africa's private sector quickened to 7.33 percent year-on-year in January compared with a downwardly revised. . .  Full story

ArcelorMittal South Africa, a unit of the world's top steelmaker, said on Wednesday it would cut prices for some of its. . .  Full story
Growing global bullishness may erode South African stocks' perceived safe haven status, which helped them outperform many emerging markets last year despite infrastructure bottlenecks,. . .  Full story
Nedbank, South Africa's fourth-largest lender, posted a 25 percent rise in full-year earnings following a big jump in fees, the latest. . .  Full story
Gold edged higher on Wednesday, after rallying 1 percent in the previous session, supported by expectations for more cheap loans to. . .  Full story

A number of Supreme Court justices expressed skepticism on Tuesday that corporations can be sued in the United States for alleged complicity in human rights abuses abroad, a case with important financial, legal and international implications.. . .  Full story
Company News
It is hereby announced that non-executive director, Mr MJN Njeke has resigned from the Barloworld board with effect from 29 February. . .  Full story
Shareholders are advised that Afdawn has entered into a sale agreement with Gambassi Tiles (Pty) Ltd.("Gambassi")("the purchaser") to dispose of the. . .  Full story
Shareholders are referred to the results of general meeting announcement released on SENS on 8 February 2012 and the revision of. . .  Full story
Evraz and Umnotho weSizwe ("the parties") announced a 26% Black Economic Empowerment ("BEE") transaction in relation to the Mapochs Mine ("BEE. . .  Full story

Shareholders of Mvela Group are advised that the company has disposed of its remaining interest in Mvelaserve, consisting of 8 960. . .  Full story
Shareholders are advised that all the ordinary resolutions and special resolutions proposed at the Annual General Meeting of Top Fix held. . .  Full story
Shareholders are advised that the Annual Financial Statements of the company for the year ended 31 August 2011 will be posted. . .  Full story
Shareholders are referred to the release on SENS of Miranda's reviewed, abridged, provisional financial results for the year ended 31 August. . .  Full story
Company Results
Revenue increased by 10.8% to R1.3 billion (R1.1 billion) but gross profit fell by 5.5% to R224.7 million (R237.8 million). Operating. . .  Full story
Net interest income rose marginally by 1% to R13.4 billion (R13.3 billion) but profit for the period attributable to ordinary shareholders. . .  Full story
Revenue grew significantly to R3 billion (R2.1 billion), while gross profit grew to R566.2 million (R498.7 million). Profit for the year. . .  Full story
Revenue increased to R38.8 million (R33.7 million). Gross profit rose to R25 million (R19.2 million) and an operating profit of R2.8. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0034296.0081.470.24%
JSE Top 4017:0030546.6962.350.20%
JSE Gold17:002757.57-11.87-0.43%
JSE Financial17:0024526.39-33.92-0.14%
JSE Industrial17:0036889.80184.970.50%
JSE Indust 2517:0030953.15165.130.54%
JSE Resource17:0053857.8961.750.11%
DJ Futures19:5012982.00-15.00-0.12%
DJ Ind19:4512991.61-13.51-0.10%
SP 50020:001369.99-2.19-0.16%
FTSE 10018:355871.51-56.40-0.95%
All Ords07:444388.1036.900.85%
NZSE 5006:463322.5312.730.38%
NameTimeRPMove% Move
Gold/R kg20:00412410-19273-4.46%
Brent Crude19:56122.23-1.53-1.24%
Rand / Dollar19:587.4531-0.0268-0.36%
Rand / Pound19:5511.8517-0.0144-0.12%
Rand / Euro19:559.9546-0.1166-1.16%
Rand / NZD19:576.2485-0.0208-0.33%
Rand / AUD19:558.0365-0.0275-0.34%
Yen / Dollar19:5881.00900.52400.65%
Euro / Dollar19:550.74850.00600.81%
Dollar / Euro19:581.3357-0.0105-0.78%
Pound / Dollar19:550.6270-0.0017-0.27%

Click here for the Sharenet Spot Price page
The JSE Today

Trading Statistics
* Includes all listed instruments on the JSE
Major Moves Up
SharenameSaleMove% MoveVolume
1 CROOKES  520094022.07.%7
2 MASONITE  380055016.92.%100
3 S-OCEAN  2002011.11.%314738
4 ADAPTIT  10177.45.%20991
5 PALLINGHT  290197.01.%1086395
6 EASTPLATS  425256.25.%291872
7 YORK  360205.88.%215797
8 MIXTEL  17095.59.%16235
9 ARB  400153.90.%93300
10 AQUARIUS  1692573.49.%159452
11 BLACKSTAR  930303.33.%716724
12 ADCORP  2875923.31.%86926
13 IMPERIAL  147384633.24.%1419188
14 DRDGOLD  608193.23.%3511641
15 SANTAM  167904903.01.%53352
16 AFROC-P  925252.78.%3040
17 PREMIUM  1500402.74.%3582278
18 OCEANA  46171172.60.%1725
19 WOOLIES  45121122.55.%3499242
20 MRHLD  2900702.47.%1302681

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Major Moves Down
SharenameSaleMove% MoveVolume
1 DORBYL  136-19-12.26.%46913
2 RANGOLD  251-24-8.73.%7420
3 PBT  191-14-6.83.%116
4 KELLY  355-25-6.58.%120
5 GBGOLD  700-39-5.28.%16518
6 WESIZWE  126-7-5.26.%13063385
7 PHUMELELA  1050-50-4.55.%10000
8 GOLDONE  415-14-3.26.%182262
9 RAUBEX  1470-43-2.84.%103091
10 HOSP-B  375-10-2.60.%372910
11 ANOORAQ  400-10-2.44.%25370
12 BLUETEL  628-14-2.18.%703471
13 CLIENTELE  1125-25-2.17.%4269
14 METROFILE  274-6-2.14.%596643
15 JUBILEE  190-4-2.06.%668764
16 CIPLAMED  627-13-2.03.%2142718
17 TELKOM  2584-53-2.01.%973545
18 CML  2745-55-1.96.%377302
19 CERAMIC  10000-200-1.96.%3000
20 JDGROUP  4840-93-1.89.%228167

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New Highs
SharenameSaleHighMove% MoveVolume
1 CROOKES  5200520094022.07.%7
2 IMPERIAL  14738147664633.24.%1419188
3 SANTAM  16790168494903.01.%53352
4 AFROC-P  925925252.78.%3040
5 WOOLIES  451245461122.55.%3499242
6 TFG  11820118672802.43.%761554
7 KUMBAIO  570765771010761.92.%754422
8 TIGBRANDS  26050261534871.91.%3652280
9 ARROW-B  47347581.72.%146125
10 NASPERSN  41692416926921.69.%2146210
11 A-V-I  43874429671.55.%2156598
12 EXXARO  21100214483201.54.%888632
13 ASPEN  10865109951611.50.%1095290
14 DISCOVERY  48924915621.28.%1936925
15 LIB-HOLD  89409000921.04.%468914
16 PINNACLE  13741385141.03.%1004415
17 ABIL  39293943401.03.%3656994
18 REMGRO  13312133621300.99.%853562
19 ABSA  15950160471400.89.%5172137
20 NEDCOR  16061164941100.69.%4126540

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New Lows
SharenameSaleLowMove% MoveVolume
1 WESIZWE  126122-7-5.26.%13063385
2 TELKOM  25842575-53-2.01.%973545

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Index Summary
Index NameRPMove% Move
Top 4030,546.6962.350.20%
Mid Cap46,937.34214.350.46%
Small Cap35,134.0541.050.12%
Resource 2053,857.8961.750.11%
Industrial 2530,953.15165.130.54%
Financial 159,322.96-13.02-0.14%
Financial & Ind. 3034,631.5194.090.27%
All Share34,296.0081.470.24%
Oil & Gas 30,258.47-121.08-0.40%
Mining 34,742.5872.480.21%
Gold Mining2,757.57-11.87-0.43%
Platinum Mining63.72.771.22%
GENERAL MINING8,681.8914.860.17%
Oil & Gas Producers 16,269.42-65.10-0.40%
Basic Materials 29,614.5470.320.24%
Chemicals 15,324.4939.300.26%
Forestry & Paper 13,804.74-48.64-0.35%
Industrial Metals 32,665.04388.371.20%
Industrials 32,204.78305.870.96%
General Industrials 89,745.59700.450.79%
Consumer Goods 31,554.2114.300.05%
Automobiles & Parts 4,945.58-2.26-0.05%
Household Goods176.47-1-0.56%
Health Care 38,102.4059.730.16%
Beverages 104.29-.15-0.14%
Index NameRPMove% Move
Food Producers 57,938.51725.731.27%
Personal Goods 460.93.500.11%
Consumer Services 62,984.13634.881.02%
General Retailers 52,486.09741.481.43%
Travel & Leisure 3,660.74-20.71-0.56%
Media 91.471.511.68%
Support Services 2,495.1152.262.14%
Telecommunications 67,288.09412.650.62%
Financials 24,526.39-33.92-0.14%
Banks 46,458.3321.690.05%
Non-life Insurance 40,714.231188.213.01%
Life Insurance 19,582.52-102.26-0.52%
General Financial 2,354.954.140.18%
Technology 27,437.83179.830.66%
SHARIAH TOP40 3,207.6070.23%
FTSE/JSE SHARIAH ALL3,296.8290.29%
COAL MINING28,189.553421.23%
FTSE JSE Fledgling 5,235.11320.62%
FTSE/JSE Alt X 1,363.7140.30%
CAPPED PROPERTY 330.22-0.51%
RESOURCE 29,775.88350.12%
DIVIDEND PLUS196.6100.19%
FTSE/JSE RAFI 407,180.70130.19%
Capped Top 4016,101.08340.21%
Capped All Share17,343.73420.24%
JSE TABACO 4,830.43-13-0.26%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
01 Mar 2012METOREXDecember 2011 (Final)
01 Mar 2012METOREXNPLDecember 2011 (Final)
01 Mar 2012SHFINV-PREFDecember 2011 (Interim)
01 Mar 2012SPURCORPDecember 2011 (Interim)
01 Mar 2012STEINHOFFDecember 2011 (Interim)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
AFGRI12-02-2912-03-1512-03-26R 0.1845
HYPROP12-02-2912-03-1512-03-26R 1.3700
RMBH12-02-2912-03-1512-03-26R 0.5200
CAPCO12-02-2912-05-1112-06-21R 0.0100
NEDBANK-P12-02-2912-03-1512-03-26R 0.3403
Ex Div**
Share NameDec-DateLDTPay-DateAmount
PALAMIN12-02-0612-02-2412-03-05R 2.0700
ZURICH SA12-02-0612-02-2412-03-05R 2.0000
RESILIENT12-02-0812-02-2412-03-05R 1.2135
BHPBILL12-02-0812-02-2412-03-22R 0.5500
NEPI12-02-0812-02-2412-03-05R 0.1048

Upcoming AGMs**
CodeCompany NameDateStatus
JDHJohn Daniel Holdings Ltd.02/03/2012Confirmed
EOHEOH Holdings Ltd06/03/2012Confirmed

Stock Exchange News Service
29/02/201217:42 Barloworld Limited - Resignation of Director
29/02/201217:39BITOY - Toyota Financial Services (South Africa) (Proprietary) Limited - Full
29/02/201217:38PGFP - PSG Financial Services Limited - Declaration of preference share dividend
29/02/201217:30 Afdawn - Disposal of Dumont Healthcare (Pty) Limited by Afdawn to Gambassi
29/02/201217:25 Capitec - Restructuring of BEE Consortium: Acquisition of A 5.3% Interest
29/02/201217:10 Pioneer Food Group Limited - Update on implementation of the Pioneer Foods
29/02/201217:06BIIIPL - iNguza Investments (Proprietary) Limited - Full Capital
29/02/201217:04 Colliers - Finalisation Announcement in respect of the Change of Name of
29/02/201217:03BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement
29/02/201217:00 Evraz Highveld Steel and Vanadium Limited - Joint announcement
29/02/201217:00 Kagiso Media Limited - Interim results for the six month period ended 31
29/02/201216:58 African Dawn Capital Limited - Dealing in securities by directors
29/02/201216:51NAI - New Africa Investments Limited - Unaudited interim results of the
29/02/201216:49 Protech - Dealing in securities by director
29/02/201216:47BIIVU - iVuzi Investments Limited - Full Capital Redemption
29/02/201216:39 Finbond Group Limited - Resignation of a director
29/02/201216:36BIIVU - iVuzi Investments Limited - Listing of New Financial Instrument and
29/02/201216:32BIABS - Absa Bank Limited - Rating downgrade of five South African banks by
29/02/201216:30 Redefine Properties International Limited - Notification of Transactions
29/02/201216:30 London finance & investment group p.l.c. - Lonfin today announces its
29/02/201216:24 Murray & Roberts Holdings Limited - Results of General Meeting of
29/02/201216:09 Mvelaphanda Group Limited - Disposal of remaining interest in
29/02/201216:06 Top Fix Holdings Limited - Top Fix: Results of Annual General Meeting
29/02/201216:00 Dorbyl Limited - Changes to the board of directors
29/02/201216:00 Ideco Group Limited - Change statement and notice of Annual General
29/02/201215:54 York - Trading Statement
29/02/201215:52 Murray & Roberts Holdings Limited - Reviewed interim results for the six
29/02/201215:50 Miranda Mineral Holdings Limited - Media Release to be issued with the
29/02/201215:49 Miranda Mineral Holdings Limited - Abridged Audited Consolidated Financial
29/02/201215:48 Bidvest - Directors` Dealings in Securities
29/02/201215:45INL/INP - Investec - Dealings in the securities of Investec Plc by a PDMR
29/02/201215:30INL/INP - Investec Limited/Investec plc - Investec Plc - Voting Rights and
29/02/201215:16 Value Group Limited - Directorate confirmation: appointment of
29/02/201215:07 Curro Holdings Limited - Appointments to the board of directors of the
29/02/201215:03FSRSTF - The Standard Bank Of South Africa Limited - Dividend announcement in
29/02/201215:01HYPIVB - Investec Warrants - Declared interest announcement on Hyprop
29/02/201215:01 Kumba Iron Ore Limited - Kumba announces appointment of new Chief
29/02/201215:00HYPIVC - Investec Warrants - Declared interest announcement on Hyprop
29/02/201215:00 PSG Group Limited - Exercise of options by directors in terms of the
29/02/201215:00 African Oxygen Limited - Change to the board of directors
29/02/201214:33 Zaptronix Limited - Change statement, notice of Annual General Meeting
29/02/201214:17 Vukile Property Fund Limited - Results of General Meeting
29/02/201213:56RMHIDE - Investec Warrants - Declared interim dividend on RMB Holdings
29/02/201213:53 Spanjaard Limited - Declaration of ordinary dividend number 21
29/02/201213:30 AH-VEST Limited - Appointment to the board of directors
29/02/201213:24 Capricorn Investment Holdings Limited - No change statement and date of
29/02/201213:00 Hyprop Investments Limited - Correction to the audited results for the
29/02/201213:00 SABMiller plc - Total voting rights and capital
29/02/201212:33 Distell Group Limited - Dealings in securities by directors
29/02/201212:18 Clicks Group Limited - Notification in terms of section 122(3) of the
29/02/201212:12CLN000124 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:11CLN000132 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:10CLN000133 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:09CLN000120 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:08CLN000119 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:07CLN000115 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:06ABL/ABLP - African Bank Investments Limited - African Bank Investments Limited
29/02/201212:06CLN000114 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:05CLN000118 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:05 Insimbi Refractory and Alloy Supplies Limited - Changes to the Board
29/02/201212:04CLN000103 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:03CLN000128 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:02CLN000117 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:01CLN000108 - The Standard Bank of South Africa Limited - Interest Rate
29/02/201212:00 Mustek Limited - Condensed consolidated statement of comprehensive income
29/02/201212:00CLN000101 - The Standard Bank Of South Africa Limited - Interest Rate
29/02/201212:00 Insimbi Refractory and Alloy Supplies Limited - Closed period share
29/02/201211:46 Calgro M3 - Dealings in securities by a director
29/02/201211:40 The Bidvest Group Limited - Directors` Dealings in Securities
29/02/201211:29 MiX Telematics Limited - Dealing in securities by an associate of a
29/02/201211:13 Trematon Capital Investments Limited - Cautionary announcement
29/02/201211:00BILETS - Letshego Holdings Limited - Trading Announcement - Year end financial
29/02/201210:56TN23 - Transnet SOC Limited - Tap Issue Listing
29/02/201210:55TN20 - Transnet SOC Limited - Tap Issue Listing
29/02/201210:20CPL005 - Capital Property Fund - New Financial Instrument Listing Announcement
29/02/201210:10 Eqstra Holdings Limited - Acquisition of securities by Investec Asset
29/02/201210:05 Foneworx Holdings Limited - Unaudited consolidated interim results for the
29/02/201209:55STANSX - Stanlib Swix 40 Fund - Partial Delisting of Stanlibsx Securities
29/02/201209:52 Afrimat Limited - Director`s Dealings
29/02/201209:52 Net 1 UEPS Technologies, Inc. - Notification of director`s dealings in
29/02/201209:40CPIP - Capitec Bank Holdings Limited - Declaration of a dividend of 336.58 cents
29/02/201209:36 Taste Holdings Limited - Directors` dealings in securities
29/02/201209:30 MMI Holdings Limited - Trading Statement
29/02/201209:01CCO - Capital & Counties Properties PLC - Press Release - GCP sells GBP150m of
29/02/201209:01 Blackstar Group SE - Tr-1: Notification of major interest in shares
29/02/201209:00 Old Mutual Plc - Nedbank Group/Audited summarised financial results for
29/02/201209:00CCO - Capital & Counties Properties PLC - Audited preliminary results for the
29/02/201209:00 RMB Holdings Limited - Summarised, unaudited interim results
29/02/201208:52 Racec Group Limited - Resignation to the board of directors
29/02/201208:14SBKP/SBPP - Standard Bank Group Limited - Declaration of preference dividends
29/02/201208:14FSRIHH - Investec - Declared interim dividend announcement on Firstrand Limited
29/02/201208:01 Nedbank Group Limited - Audited summarised financial results for the
29/02/201208:00 Coal of Africa Limited - Extension to Nimag sale of shares agreement
29/02/201208:00 Reinet Investments S.C.A. Depositary Receipts - Reinet Fund S.C.A.,
29/02/201208:00GND/GNDP - Grindrod Limited - Audited results and dividend announcement for the
29/02/201208:00NBKP - Nedbank Limited - Audited summarised financial results for the year
29/02/201207:10 British American Tobacco p.l.c - Transaction in own shares
29/02/201207:06 Gold One International Limited - 2011 Annual Financial Results with Record
29/02/201207:05 BHP Billiton Plc - Petrohawk Form 10-K Filing with SEC
29/02/201207:05 Gold One International Limited - Appendix 4E full year report
29/02/201207:05 Hyprop Investments Limited - Audited results for the year ended 31
29/02/201207:05 Afgri Limited - Unaudited condensed consolidated financial results for
29/02/201207:05 Afrimat - Closed Period Share Repurchase Programme

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