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The Sharenet Daily 
Thursday, 29 March 2012 - 20:00
 
Charts
News
Top News
Markets
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)


Charts
 
Rand extends bad week to trade at month low vs dollar

JOHANNESBURG (Reuters) - South Africa's rand weakened more than one percent against a robust dollar on Thursday after the central bank governor said she was expecting a slight depreciation in the local currency.

South Africa's Reserve Bank left its repo rate at 5.5 percent as expected. But Governor Gill Marcus said its monetary policy committee (MPC) needed to be more vigilant on inflation with signs that price pressures were becoming more broad-based.

The rand fell for the third straight session against the dollar on Thursday, dropping 1.4 percent to mid-February levels of 7.7801. It closed at 7.6760 on Wednesday.

Marcus told journalists there were numerous factors affecting the rand which created a "fairly volatile" environment.

"The one uncertain factor is what will happen to the exchange rate. So, the assumption at this point at time is ... for a slightly depreciated (figure), but it depends on what occurs," she said.

"We really do need a resolution of Europe before we can get more stability in the outlook," she added.

Europe is a major trading parter and absorbs about a quarter of South Africa's exports, making the rand susceptible to Europe's debt crisis.

The rand was hit by a S&P ratings agency outlook downgrade in the previous session and dealers are expecting a soft ending to the week for the rand, especially with current dollar strength.

The local currency may find some support in the 7.78/81 region, while resistance was at the day's high of 7.66, technical analysts said.

Government bonds were slightly firmer but were hardly moved by the rates decision and what analysts saw as mostly a neutral monetary policy speech from the central bank governor.

The yield on the 2015 benchmark bond dropped 2.5 basis points to 6.795 percent while that on the 2026 issue nudged one basis point lower to 8.47 percent.

"Given that bond yields had drifted higher into the MPC, we therefore would argue for a modest rally in the coming days, and the R157 may drift down to 6.70 percent. That said, we see very little impact from this MPC decision and statement on the market," said Leon Myburgh, sub-Saharan Africa Strategist at Citi.

Thu, 29 Mar 2012
Top News
[IMAGE]
Turkish mobile operator Turkcell on Thursday filed a suit against rival MTN Group of South Africa over the award of a 2004 cellular licence in Iran, a case that could cost MTN $4.2 billion in damages.  Full story
[IMAGE]
South Africa's Reserve Bank left its repo rate unchanged on Thursday, saying the risks to the inflation outlook were evenly balanced and reaffirming its commitment to supporting the still-fragile economy.  Full story
France's Total sent fire-fighting ships close to the scene of a gas leak from its North Sea Elgin platform on Thursday as a large gas cloud led to fears of an explosion.  Full story
President Bashar al-Assad said on Thursday Syria would spare no effort to ensure the success of international envoy Kofi Annan's peace mission but warned it would not work without securing an end to foreign funding and arming of rebels opposing him.  Full story
Spanish workers staged a general strike on Thursday to protest against labour reforms which the government declared "unstoppable" but many ignored the action, fearing for their jobs in a country with the EU's highest unemployment rate.  Full story
 
Markets
U.S. stocks fell on Thursday, on track for a third day of losses after jobless claims data missed heightened expectations as stocks wrap. . .  Full story
European shares extended their recent slide to hit a three-week closing low, with several indexes breaching chart support levels as traders took further profits. . .  Full story
A higher-than-expected number of Americans filing for U.S. jobless claims dampened investor sentiment on Thursday, keeping global stocks lower and raising the appeal of. . .  Full story
Heightened worries over global economic growth after more disappointing data from the United States and UK dragged Britain's leading shares lower on Thursday, with. . .  Full story
U.S. stocks extended losses on Thursday, with the Nasdaq falling 1 percent after jobless claims data failed to meet heightened market expectations.. . .  Full story
Gold prices slid more than 1 percent on Thursday as a break higher in the dollar and a drop in oil prices pushed. . .  Full story
U.S. stocks opened lower on Thursday, putting the S&P 500 on track for its third straight decline as jobless claims data failed to. . .  Full story
Britain's top share index dropped back on Thursday led by weaker oil and bank stocks as worries over global economic growth weighed on. . .  Full story
SA Business
South African stocks fell on Thursday, led by miners on faltering commodity prices, while a downbeat tone in global markets added. . .  Full story
South Africa's rand weakened to nearly one percent against the dollar on Thursday after the central bank decided to keep its. . .  Full story
Nigeria sold 100 billion naira worth of debt at its regular bond auction on Wednesday, the third this year, with yields. . .  Full story
The Zimbabwe unit of South Africa's Standard Bank Group has reported a 44 percent rise in profit for the year to. . .  Full story
Anglo American will start constructing a coal mine at New Largo next year to supply a new power plant being built. . .  Full story
The cross-listing of major emerging market equity indexes is set to be unveiled with great fanfare on Friday, but in reality. . .  Full story
A collapse in gold producers lofty valuations has sparked soul searching about an exodus of restive shareholders, forcing them to tighten operations and boost. . .  Full story
A plan to form a joint development bank by the BRICS group of the world's most powerful emerging economies will have. . .  Full story
Shares in Nigeria's Stanbic IBTC Bank, a unit of South Africa's Standard Bank, fell 4.9 percent on Thursday, after the lender posted a 16.89 percent drop in pre-tax profit to 11.24. . .  Full story
Leaders of the BRICS group of emerging market nations pressed Western powers to cede more voting rights at the IMF this year and flayed the rich world's reflationary monetary policies for putting global economic. . .  Full story
South Africa's Industrial Development Corporation (IDC), a state investment agency, said on Thursday it would invest $420 million in a new platinum venture involving Pallinghurst Resources and Bakgatla tribe.. . .  Full story
Company News
Trading for the second half of the financial year ended 29 February 2012 was partly subdued. Earnings were impacted by reduced. . .  Full story
Shareholders are hereby informed of the change in status of Mr. Johan Jacobus Senekal's appointment from independent non-executive director of the. . .  Full story
Shareholders were advised of the following with respect to the upcoming special meeting of security holders for Fiuranium: * Record date. . .  Full story
Wesizwe announced another significant step towards the development of its Bakubung Platinum Mine with the awarding of the shaft sinking contract. . .  Full story
Old Mutual published its annual financial report for 2011. A copy of the annual financial report, the annual review and summary financial statements for 2011, the notice of the 2012 annual. . .  Full story
Business Day reported that Fitch affirmed MMI's long-term debt rating as A+ with stable outcome. Fitch also affirmed MMI subsidiaries Momentum and Metropolitan Life's insurer financial strength rating as AA with. . .  Full story
Shareholders of Barloworld are advised that management of the company, will be attending the Merrill Lynch conference at Sun City. The presentation that will be made at the conference contains no. . .  Full story
Company Results
Interest income surged to R4.3 billion (R2.8 billion). Operating profit before tax jumped to R1.6 billion (R940.3 million). Net profit after. . .  Full story
Revenue declined slightly to R16.3 million (R16.6 million) and profit from operations increased to R6.3 million (R5.2 million). However, net attributable. . .  Full story
Revenue increased by 5.83% to R232 million (R219.2 million). Gross profit rose by 4.68% to R44.9 million (R42.9 million) and profit. . .  Full story
Revenue increased to R46.2 million (R59.6 million). Total income soared to R8.8 million (loss of R6 million). EBITDA rose to R10.5. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0033483.26-138.67-0.41%
JSE Top 4017:0029566.90-148.24-0.50%
JSE Gold17:002393.91-17.21-0.71%
JSE Financial17:0024664.56-133.83-0.54%
JSE Industrial17:0037555.21-67.04-0.18%
JSE Indust 2517:0031481.98-71.60-0.23%
JSE Resource17:0048824.62-337.45-0.69%
DJ Futures19:4213000.00-54.00-0.41%
DJ Ind19:4113064.38-61.83-0.47%
SP 50019:561394.14-11.40-0.81%
Nasdaq19:563075.10-29.86-0.96%
FTSE 10017:355742.03-66.96-1.15%
DAX18:066875.15-123.65-1.77%
CAC4018:063381.12-49.03-1.43%
Nikkei08:2610114.79-67.78-0.67%
Shanghai09:262252.16-32.72-1.43%
Hang-Seng10:2620609.39-276.03-1.32%
All Ords07:384422.00-9.50-0.21%
NZSE 5006:463495.448.930.26%
NameTimeRPMove% Move
Gold19:581654.27-8.04-0.48%
Gold/Rand19:5812809.9873.370.58%
Gold/R kg19:56412443-908-0.22%
Silver19:5931.9870-.0630-0.20%
Platinum19:591622.00-12.00-0.73%
Palladium19:58641.11-2.69-0.42%
R15717:066.79-.03-0.37%
R20417:067.67-.02-0.26%
Brent Crude19:56122.67-1.90-1.53%
Rand / Dollar19:597.74490.08241.08%
Rand / Pound19:5512.30470.15211.25%
Rand / Euro19:5510.28610.07540.74%
Rand / NZD19:586.30420.03840.61%
Rand / AUD19:558.01480.04330.54%
Yen / Dollar19:5982.3350-0.5540-0.67%
Euro / Dollar19:550.75280.00200.27%
Dollar / Euro19:591.3277-0.0041-0.31%
Pound / Dollar19:550.6277-0.0014-0.22%

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The JSE Today

 Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
29/03/201213919871408287,746,881R20,350,726,8361004942428291
28/03/201212421369406217,730,739R11,911,859,284818842750933
27/03/201222810578411223,747,030R11,802,262,893953912217780
26/03/201219416076430218,597,092R12,294,681,589933892576901
23/03/201215317088411254,168,259R14,659,274,057982722336760
* Includes all listed instruments on the JSE
Major Moves Up
SharenameSaleMove% MoveVolume
1 PALLINGHT  338289.03.%576144
2 AFRO-C  282176.42.%83617
3 JUBILEE  16085.26.%191800
4 ARROW-B  549244.57.%64000
5 CLIENTELE  1150494.45.%115862
6 MMG  354144.12.%10000
7 ELLIES   341133.96.%2954952
8 CADIZ  25493.67.%4000
9 RAINBOW  1550503.33.%8562
10 GBGOLD  549142.62.%50
11 BEIGE-PR2  16942.42.%5800
12 CAPCO  2374542.33.%122793
13 TSOGO-SUN  1820382.13.%12477
14 TASTE  24052.13.%12500
15 ELBGROUP  2450502.08.%4000
16 CBH  490102.08.%12400
17 SAPPI  2723531.99.%1153933
18 COMPCLEAR  31861.92.%4000
19 ILIAD  550101.85.%30322
20 TRENCOR  4390771.79.%110488

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Major Moves Down
SharenameSaleMove% MoveVolume
1 WILDRNESS  300-75-20.00.%6467
2 FAIRVEST  110-17-13.39.%338
3 SPANJRD  500-40-7.41.%7380
4 OANDO  117-7-5.65.%80898
5 URONE  2165-110-4.84.%35857
6 AVUSA  1930-60-3.02.%753
7 RANGOLD  233-7-2.92.%10000
8 COAL  770-23-2.90.%228693
9 NUWORLD  1700-49-2.80.%19822
10 JDGROUP  4825-126-2.54.%411540
11 MVELASERV  1150-30-2.54.%198906
12 ARCMITTAL  5510-139-2.46.%474783
13 IMPLATS  15438-382-2.41.%2498121
14 GOLIATH  406-9-2.17.%2200
15 BCX  460-10-2.13.%121850
16 ANGLOPLAT  54400-1100-1.98.%224000
17 RMIH  1700-31-1.79.%2497071
18 SOVFOOD  550-10-1.79.%90000
19 LITHA  335-6-1.76.%60400
20 MRHLD  2800-50-1.75.%2370777

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New Highs
SharenameSaleHighMove% MoveVolume
1 ARROW-B  549550244.57.%64000
2 ELLIES   341341133.96.%2954952
3 TRENCOR  43904514771.79.%110488
4 BARWORLD  979198431661.72.%2203263
5 ASPEN  11800118991801.55.%1052549
6 O-LINE  13513521.50.%3500
7 SABVEST  9101050101.11.%15053
8 BELL  26002600250.97.%46311
9 ARROW-A  65866530.46.%34351
10 SANLAM  3310334390.27.%7203697
11 MRHLD-N  100011000.2526403
12 AVENG  38933950-7-0.18.%2204361
13 BIDVEST  1795018175-60-0.33.%781922

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New Lows
SharenameSaleLowMove% MoveVolume
1 WILDRNESS  300300-75-20.00.%6467
2 ARCMITTAL  55105479-139-2.46.%474783
3 IMPLATS  1543815212-382-2.41.%2498121
4 TELKOM  24342421-6-0.25.%176430

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Index Summary
Index NameRPMove% Move
Top 4029,566.90-148.24-0.50%
Industrial37,555.21-67.04-0.18%
Mid Cap47,759.67-11.92-0.02%
Small Cap35,935.7153.170.15%
Resource 2048,824.62-337.45-0.69%
Industrial 2531,481.98-71.60-0.23%
Financial 159,336.64-54.89-0.58%
Financial & Ind. 3035,027.69-130.85-0.37%
All Share33,483.26-138.67-0.41%
Oil & Gas 27,935.26-64.33-0.23%
Mining 31,390.55-234.89-0.74%
Gold Mining2,393.91-17.21-0.71%
Platinum Mining59.17-1.22-2.02%
GENERAL MINING7,874.38-39.79-0.50%
Oil & Gas Producers 15,020.28-34.58-0.23%
Basic Materials 26,896.80-191.30-0.71%
Chemicals 15,391.5565.580.43%
Forestry & Paper 14,117.3216.210.11%
Industrial Metals 29,367.67-281.45-0.95%
Industrials 33,119.1787.330.26%
General Industrials 91,376.79162.090.18%
Consumer Goods 32,265.27-53.42-0.17%
Automobiles & Parts 5,378.09-56.61-1.04%
Household Goods181.40-1-0.36%
Health Care 40,421.46240.490.60%
Beverages 105.93-.24-0.23%
Index NameRPMove% Move
Food Producers 59,066.37102.360.17%
Personal Goods 473.71-2.70-0.57%
Consumer Services 63,834.29-7.63-0.01%
General Retailers 53,612.93105.470.20%
Travel & Leisure 3,761.977.190.19%
Media 92.64-.03-0.03%
Support Services 2,422.35-15.28-0.63%
Telecommunications 68,466.86-714.03-1.03%
Financials 24,664.56-133.83-0.54%
Banks 46,643.07-374.65-0.80%
Non-life Insurance 40,952.9317.860.04%
Life Insurance 19,794.79-56.56-0.28%
General Financial 2,326.29-10.92-0.47%
Technology 28,027.64-153.88-0.55%
SHARIAH TOP40 3,017.34-20-0.67%
FTSE/JSE SHARIAH ALL3,133.08-18-0.56%
COAL MINING26,541.95-207-0.77%
FTSE JSE Fledgling 5,323.67-1-0.02%
FTSE/JSE Alt X 1,242.55100.81%
SA LISTED PROPERTY 409.67-0.52%
CAPPED PROPERTY 332.44-0.45%
RESOURCE 26,990.57-181-0.66%
DIVIDEND PLUS196.7800.02%
FTSE/JSE RAFI 407,004.95-36-0.51%
Capped Top 4015,619.41-82-0.52%
Capped All Share16,940.07-71-0.42%
JSE TABACO 5,015.59581.16%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
MTNMTN GROUP LIMITEDBUY26 Mar
RLOREUNERT LIMITEDSELL26 Mar
SABSABMILLER PLCHOLD23 Mar
APNASPEN PHARMACARE HLDGSHOLD23 Mar
AEGAVENG LIMITEDBUY23 Mar
Results Expected**
ExpectedCompany NameFin. Date
30 Mar 20121TIMEDecember 2011 (Final)
30 Mar 2012ALERTDecember 2011 (Interim)
30 Mar 2012ANDDecember 2011 (Final)
30 Mar 2012AND-PDecember 2011 (Final)
30 Mar 2012ARROWASeptember 2011 (Final)
Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
VALUE12-03-2912-06-2212-07-02R 0.1400
ILIAD12-03-2712-04-1312-04-23R 0.2000
DELTA12-03-2712-04-1312-04-23R 0.2500
PUTPROP12-03-2312-04-1312-04-23R 0.1500
METAIR12-03-2312-04-1312-04-23R 0.7200
Ex Div**
Share NameDec-DateLDTPay-DateAmount
MWNT12-03-2612-03-2312-04-02R 55.0000
ABSABANK-P12-02-1012-03-2312-04-02R 28.2720
EXXARO12-02-2312-03-2312-04-02R 5.0000
MTN GROUP12-03-0712-03-2312-04-02R 4.7600
ABSA12-02-1012-03-2312-04-02R 3.9200
Upcoming AGMs**
CodeCompany NameDateStatus
RACRACEC Group Ltd.29/03/2012Confirmed
SLLStella Vista Technologies Ltd.30/03/2012Confirmed
AMSAnglo American Platinum Ltd.30/03/2012Confirmed
AMSPAnglo American Platinum Ltd.30/03/2012Confirmed
DIBDipula Income Fund Ltd.02/04/2012Confirmed
Stock Exchange News Service
DateTimeHeadline
29/03/201217:30 IFCA Technologies Limited - Trading Statement
29/03/201217:30 Naspers Limited - Director Dealing in Securities
29/03/201217:28 Pinnacle Technology Holdings Limited - Dealing in securities by an
29/03/201217:27 MTN Group Limited - MTN to oppose Turkcell Claim; Reaffirms Commitment to
29/03/201217:15FCPD - Foord - Notice of Annual General Meeting of Debenture Holders
29/03/201217:13 Country Bird Holdings Limited - Appoints new acting group financial
29/03/201217:09BRT/BRN - Brimstone - Dealing in securities by a Director of a major subsidiary
29/03/201217:03 Randgold & Exploration Company Limited - Abridged audited results for
29/03/201217:00 Cape Empowerment Limited - Reviewed Provisional Results for the year
29/03/201216:56ABL/ABLP - African Bank Investments Limited - Dealing in securities by director
29/03/201216:39 Value Group Limited - Trading Update and Declaration of Final Dividend
29/03/201216:26 Top Fix - Change to the Board Of Directors - Appointment of lead
29/03/201216:25DBXUS - db x-trackers MSCI USA Trust - Abridged audited results for the
29/03/201216:18DBXWD - db x-trackers MSCI World Trust - Abridged audited
29/03/201216:15DBXJP - db x-trackers MSCI Japan Trust - ABRIDGED AUDITED RESULTS FOR THE
29/03/201216:00 Netcare Limited - Dealings in securities by a Director
29/03/201216:00MWNT - Mine Waste Solutions (Proprietary) Limited - Notice of meeting and record
29/03/201216:00 First Uranium Corporation - Notice of Meeting and Record Date
29/03/201216:00 Masonite - Reviewed Provisional Results for the year ended 31 December
29/03/201215:53 Mobile Industries Limited - Appointments & Resignation to the Board of
29/03/201215:52DBXUK - db x-trackers FTSE 100 Trust - Abridged audited results for the year
29/03/201215:47DBXEU - db x-trackers Eurostoxx 50 Trust - Abridged Audited Results for the
29/03/201215:37 Marshall Monteagle Plc - Results of Annual General Meeting
29/03/201215:10 Massmart Holdings Limited - Notification of Director`s dealing in
29/03/201215:01 Wesizwe - Wesizwe Platinum appoints Shaft Sinking Contractor for Bakubung
29/03/201215:00 Old Mutual Plc - Annual financial report 2011 and Annual General Meeting
29/03/201215:00 Southern Electricity Company Limited - Reviewed interim results of
29/03/201214:48 Exxaro - Trading of Exxaro Ordinary Shares on behalf of the Exxaro
29/03/201214:15BIABL - African Bank Limited - Listing of New Financial Instrument
29/03/201214:00 Zeder Investments Limited - Fulfilment of conditions precedent to the
29/03/201213:55 Hosken Consolidated Investments Limited - Exercise of options by directors
29/03/201213:45 Simmer & Jack Mines Limited - Reviewed consolidated interim results for
29/03/201212:51 MoneyWeb Holdings Limited - Dealing in securities by a director
29/03/201212:50 Tsogo Sun Holdings Limited - Fulfilment of conditions precedent relating
29/03/201212:47BIABL - African Bank Limited - Interest Rate Reset Announcement
29/03/201212:40BIABL - African Bank Limited - Interest Rate Reset announcement
29/03/201212:21 Tawana Resources NL - Annual report for the year ended 31 December
29/03/201212:05 Clicks Group Limited - Disclosure of acquisition of securities in Clicks
29/03/201211:33BIRDF - Redefine Properties Limited - New Financial Instrument Listing
29/03/201211:31 ELB Group Limited - Dealings in securities by a director
29/03/201211:30 Woolworths Holdings Limited - Allocation of Shares to the Group Secretary
29/03/201211:30CCO - Capital & Counties Properties PLC - Directors` Acquisition of Shares
29/03/201210:50 Orion Real Estate - Unaudited Interim Consolidated Results of the Group
29/03/201210:40 AVI Limited - Dealing in AVI shares by a director of AVI
29/03/201210:06 Interwaste Holdings Limited - Reviewed condensed preliminary financial
29/03/201210:00 Pallinghurst Resources Limited - IDC, Pallinghurst and Bakgatla form a
29/03/201209:49SCIB/USDSCI - The Standard Bank of South Africa Limited - Issue of currency
29/03/201209:32 Hwange Colliery Company Limited - Hwange: Audited company results for the
29/03/201209:23BAW - Barloworld Limited - Investor conference - 29 March 2012
29/03/201209:04BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments
29/03/201208:09DBXWD - db x-trackers MSCI World Index EFT - LISTING OF ADDITIONAL 6 000 000 db
29/03/201208:00 Jubilee Platinum Plc - Interim report for the six months ended 31 December
29/03/201208:00 Sacoil Holdings Limited - Corporate Update
29/03/201207:06 Goliath Gold Mining Limited - 2011 Financial statements released and
29/03/201207:05 Mvelaserve Limited - Reviewed Condensed Consolidated Financial Results
29/03/201207:05 Goliath Gold Mining Limited - Audited abridged consolidated financial
29/03/201207:05 Purple Capital Limited - Unaudited results for the six months ended 29

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