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The Sharenet Daily 
Friday, 04 May 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
 
S.Africa rand falls vs dollar, dealers cover shorts

JOHANNESBURG (Reuters) - The rand lost more than 1 percent on Friday as investors covered short dollar positions on rising risk aversion and South African government bonds fell as an undersubscribed inflation-linked bond sale weighed on the market.

The rand hit the week's low in late trade, with dealers saying traders who had been short were buying back the dollar after a disappointing U.S. jobs report and data pointing to a deeper euro zone recession depressed demand for riskier emerging market assets.

Rand buying this week had driven the currency to one-month highs.

By 1503 GMT, the rand was at 7.8161, down 1.04 percent against the dollar.

"There was quite a lot of rand buying this week and as such the market is short covering, especially since it started to break up toward 7.80," said Brigid Taylor, a trader at Nedbank.

A weekly auction of inflation-linked bonds was well undersubscribed earlier in the session, surprising the market and the first time since January that the Treasury had failed to sell its planned amount of paper.

Only 390 million rand was taken up by investors, out of 800 million rand on offer.

Dealers said it was probably due to a lack of local players in the market because of public holidays in the last two weeks. A fixed-income auction on Wednesday had attracted foreign buyers but they do not feature heavily in the inflation-linked sales.

Yields on the fixed-income benchmarks rose, by 3 basis points to 6.375 percent on the three-year note and 8.095 percent on the 14-year issue.

"It's a consolidation, as well as the inflation-linked bond sale not being allotted in full this morning, that caused a little bit of nervousness in the vanilla bonds," said Marten Banninga of WWC Securities in Johannesburg, adding that the rand's weakness was also encouraging markets to consolidate.

Analysts are now looking to the next inflation-linked debt sale on Wednesday to confirm that the failed auction was merely unfortunate timing by the Treasury. Power-utility Eskom has offered 250 million rand in a 2028 inflation-linked bond.

"If that goes through at fairly decent levels then you'll see that there is still demand for linkers on the market," another trader said.

Fri, 04 May 2012
Top News
[IMAGE]
South African stocks dropped nearly 1 percent on Friday as miners such as Assore were hammered after worse-than-expected U.S. jobs data sparked concern about the health of the world's largest economy.  Full story
[IMAGE]
MTN Group, Africa's largest mobile operator, reported on Friday a 4 percent rise in subscribers for the first quarter, helped by increases in its key markets of South Africa, Nigeria and Iran.  Full story
Global stocks swooned and crude oil tumbled on Friday after a weak U.S. jobs report and economic data that pointed to a deeper recession across the euro zone than previously thought.  Full story
China said on Friday blind dissident Chen Guangcheng could apply to study abroad, a move praised by U.S. Secretary of State Hillary Clinton and suggesting an end may be near to a diplomatic crisis between Beijing and Washington.  Full story
President Nicolas Sarkozy's chances of clinging to power were fading two days before France's election runoff after far-right and centrist leaders deserted him, despite polls putting Socialist Francois Hollande's lead at its narrowest so far.  Full story
 
Markets
U.S. stocks fell more than 1 percent on Friday after a disappointing jobs report underlined concerns the economic recovery may be slowing.. . .  Full story
European shares fell sharply on Friday and looked poised for further hurdles after worse-than-expected jobs data from the United States dealt a fresh blow. . .  Full story
Britain's benchmark stock market suffered its worst daily fall in two weeks on Friday after mining shares dropped on the back of weak. . .  Full story
The prospect of political risks joining economic and debt problems on the euro zone's list of worries, just as the outlook for global. . .  Full story
Gold prices edged back into positive territory on Friday after a report showed the U.S. economy added fewer jobs than expected last month,. . .  Full story
U.S. stocks opened lower on Friday after the April payroll report came in well below expectations.. . .  Full story
Britain's blue-chip shares fell by nearly 1 percent on Friday as lingering fears over the global economy knocked back heavyweight mining stocks.. . .  Full story
Britain's top shares fell on Friday, tracking weakness on Wall Street, ahead of the U.S. monthly employment report which follows a run of. . .  Full story
SA Business
. . .  Full story
Mozambique is seeking nearly 400,000 tonnes of middle distillates, which include gasoil and jet fuel, in the spot market due to an electricity shortage, traders said on Friday.. . .  Full story
The rand firmed against the dollar on Friday on the back of strong external portfolio flows into South African assets, shrugging off growth concerns caused by negative economic indicators from Europe.. . .  Full story
Company News
A mutually agreed transaction has been concluded between Zurich South Africa's major shareholders in terms of which SA Fire House Ltd.. . .  Full story
Following the announcement dated 16 March 2012 regarding the company and various of its subsidiary companies, including Seardel Group Trading (Pty). . .  Full story
Shareholders were also advised on SENS on 27 March 2012 that Erbacon had entered into an agreement with various shareholders and. . .  Full story
Further to the trading statement published on SENS on 27 March 2012, the board updated its prior trading statement. The board. . .  Full story
Shareholders are advised that following 18 years of service on the Altron board, Mr Peter Curle will retire as a non-executive. . .  Full story
Shareholders are advised that at the annual general meeting ("AGM") of Merafe shareholders held on Friday, 4 May 2012, all ordinary. . .  Full story
At the sixth annual general meeting of the shareholders of Kumba held on Friday, 04 May 2012 all the ordinary and. . .  Full story
A listed company is required to publish a trading statement as soon as it becomes aware, with a reasonable degree of. . .  Full story
Company Results
Total revenue increased to R1.9 billion (R1.7 billion). A loss attributable to shareholders of R511.3 million (profit of R170.8 million) was made. However, headline earnings per linked unit grew to 39.53c (35.91cplu). Distribution An interim ordinary distribution of 31.5cplu has been declared. Outlook Despite ongoing challenging market conditions, which affect the office properties sector in particular, Redefine's core property portfolio is anticipated to achieve continued growt. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0034127.28-248.23-0.72%
JSE Top 4017:0030065.47-273.09-0.90%
JSE Gold17:002217.4325.851.18%
JSE Financial17:0025484.4711.660.05%
JSE Industrial17:0038637.95-41.93-0.11%
JSE Indust 2517:0032495.40-33.20-0.10%
JSE Resource17:0048809.59-1091.34-2.19%
DJ Futures19:5012985.00-158.00-1.20%
DJ Ind19:4513055.90-150.69-1.14%
SP 50020:001372.13-19.44-1.40%
Nasdaq20:002966.75-57.55-1.90%
FTSE 10017:355655.06-111.49-1.93%
DAX18:066561.47-132.97-1.99%
CAC4018:063161.97-61.39-1.90%
Nikkei02/059380.2529.300.31%
Shanghai09:262452.0111.930.49%
Hang-Seng09:2621115.09-134.44-0.63%
All Ords08:454459.40-35.10-0.78%
NZSE 5008:343549.78-26.92-0.75%
NameTimeRPMove% Move
Gold19:591643.588.160.50%
Gold/Rand20:0012825.35189.641.50%
Gold/R kg20:0041233556281.38%
Silver19:5930.3700.33201.11%
Platinum19:591520.50-10.00-0.65%
Palladium19:59649.80-7.50-1.14%
R15717:066.37.030.47%
R20417:067.19.030.35%
Brent Crude19:56112.70.500.45%
Rand / Dollar19:597.80330.07741.00%
Rand / Pound19:5512.57500.10300.83%
Rand / Euro19:5510.21270.05110.50%
Rand / NZD19:586.20590.02070.33%
Rand / AUD19:557.95400.01850.23%
Yen / Dollar19:5979.8360-0.3500-0.44%
Euro / Dollar19:550.76400.00390.51%
Dollar / Euro19:591.3082-0.0069-0.52%
Pound / Dollar19:550.61900.00120.19%

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The JSE Today

 Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
04/05/201215819474426283,907,945R13,907,638,986997383008486
03/05/201215918390432242,777,948R13,174,831,712970542986850
02/05/201217515094419223,579,915R13,619,664,125928382764027
30/04/201218912484397192,333,675R10,687,424,678812362449844
26/04/201222112774422273,577,369R18,700,375,379880702588118
* Includes all listed instruments on the JSE
Major Moves Up
SharenameSaleMove% MoveVolume
1 MAZOR  1691912.67.%1000
2 TONGAAT  112675375.00.%247206
3 BEE-SASOL  270009963.83.%1432
4 PBT  18052.86.%960
5 INDEQTY  360102.86.%65
6 REDEFINE  840222.69.%3514827
7 ARGENT  769192.53.%14190
8 CALGRO  410102.50.%26910
9 TSOGO-SUN  1880452.45.%13737
10 VILLAGE  15631.96.%527469
11 GFIELDS  99521901.95.%2752603
12 TRENCOR  4639881.93.%52210
13 MRPRICE  105901891.82.%2685936
14 SENTULA  22541.81.%850166
15 PERGRIN  1145201.78.%23825
16 MTN  136682181.62.%5760034
17 AFROX  1940301.57.%193185
18 MASSMART  169472591.55.%236808
19 WOOLIES  5058771.55.%8779918
20 HARMONY  73951111.52.%2799207

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Major Moves Down
SharenameSaleMove% MoveVolume
1 RANGOLD  229-40-14.87.%209
2 VUNANI  217-33-13.20.%75
3 WITSGOLD  3650-350-8.75.%5
4 SEARDELN  110-10-8.33.%49000
5 DORBYL  110-10-8.33.%30000
6 LITHA  366-23-5.91.%59431
7 ANOORAQ  240-15-5.88.%76076
8 AQUARIUS  1530-91-5.61.%75113
9 AME  5200-300-5.45.%1520
10 CITYLDG  7725-425-5.21.%13876
11 ASSORE  25350-1150-4.34.%67302
12 ROLFES  335-15-4.29.%1105095
13 DELTA  668-27-3.88.%7600
14 GBGOLD  520-21-3.88.%16000
15 WESIZWE  101-4-3.81.%989174
16 KUMBAIO  52800-1900-3.47.%476298
17 ANGLO  28650-1009-3.40.%6028310
18 LONMIN  12599-442-3.39.%1287810
19 COAL  637-22-3.34.%77373
20 CAT  1450-50-3.33.%270

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New Highs
SharenameSaleHighMove% MoveVolume
1 TONGAAT  11267113995375.00.%247206
2 INDEQTY  360360102.86.%65
3 REDEFINE  840840222.69.%3514827
4 WOOLIES  50585120771.55.%8779918
5 IMPERIAL  17400175382501.46.%532212
6 NEDCOR  17460176132061.19.%1012926
7 MIXTEL  18718721.08.%51788
8 A-V-I  49004969501.03.%1082650
9 TIGBRANDS  28990293212400.83.%538325
10 RMBH  34893504210.61.%1284645
11 TFG  1301513382650.50.%1002673
12 CLOVER  1550159550.32.%56878
13 STANBANK  116901179330.03.%4149708
14 FIRSTRAND  26072621-3-0.11.%19902980
15 ABSA  1605016450-60-0.37.%1827930

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New Lows
SharenameSaleLowMove% MoveVolume
1 DORBYL  110110-10-8.33.%30000
2 ANOORAQ  240230-15-5.88.%76076
3 AQUARIUS  15301530-91-5.61.%75113
4 DELTA  668660-27-3.88.%7600
5 WESIZWE  101101-4-3.81.%989174
6 HARMONY  739572021111.52.%2799207

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Index Summary
Index NameRPMove% Move
Top 4030,065.47-273.09-0.90%
Industrial38,637.95-41.93-0.11%
Mid Cap49,419.0299.110.20%
Small Cap36,203.63-117.26-0.32%
Resource 2048,809.59-1091.34-2.19%
Industrial 2532,495.40-33.20-0.10%
Financial 159,624.74.400.00%
Financial & Ind. 3036,100.76-38.78-0.11%
All Share34,127.28-248.23-0.72%
Oil & Gas 27,167.17-646.26-2.32%
Mining 31,427.50-658.77-2.05%
Gold Mining2,217.4325.851.18%
Platinum Mining55.65-.26-0.47%
GENERAL MINING8,112.92-249.53-2.98%
Oil & Gas Producers 14,607.28-347.49-2.32%
Basic Materials 26,921.03-569.26-2.07%
Chemicals 15,014.63-35.86-0.24%
Forestry & Paper 13,831.84-310.10-2.19%
Industrial Metals 29,938.13-890.03-2.89%
Industrials 33,818.49109.490.32%
General Industrials 92.14.500.55%
Consumer Goods 33,158.48-239.48-0.72%
Automobiles & Parts 6,080.07.000.00%
Household Goods183.37-1-0.43%
Health Care 42,912.72-75.98-0.18%
Beverages 109.75-.41-0.37%
Index NameRPMove% Move
Food Producers 62,445.92668.781.08%
Personal Goods 477.21-10.29-2.11%
Consumer Services 67,767.30296.510.44%
General Retailers 56,384.61623.521.12%
Travel & Leisure 3,747.32-40.89-1.08%
Media 102.99.010.01%
Support Services 2,399.41-13.17-0.55%
Telecommunications 67,966.45852.011.27%
Financials 25,484.4711.660.05%
Banks 49,662.5159.240.12%
Non-life Insurance 43,387.75319.020.74%
Life Insurance 19,587.60-4.19-0.02%
General Financial 2,363.75-9.22-0.39%
Technology 28,662.80-133.48-0.46%
SHARIAH TOP40 3,017.75-48-1.56%
FTSE/JSE SHARIAH ALL3,146.81-43-1.35%
COAL MINING27,288.66-782-2.79%
FTSE JSE Fledgling 5,437.40-5-0.09%
FTSE/JSE Alt X 1,244.92-4-0.33%
SA LISTED PROPERTY 422.870.36%
CAPPED PROPERTY 340.740.15%
RESOURCE 26,904.44-575-2.09%
DIVIDEND PLUS200.25-0-0.24%
FTSE/JSE RAFI 407,090.48-57-0.80%
Capped Top 4015,869.03-132-0.83%
Capped All Share17,263.27-123-0.71%
JSE TABACO 5,132.38-20-0.39%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
INLINVESTEC LIMITEDBUY02 May
HPAHOSPITALITY PROP FUND ABUY02 May
VPFVUNANI PROP INV FUND LTDBUY02 May
REBREBOSIS PROPERTY FUND LTDBUY02 May
CPICAPITECBUY02 May
Results Expected**
ExpectedCompany NameFin. Date
08 May 2012ALTRONFebruary 2012 (Final)
08 May 2012ALTRON PPFebruary 2012 (Final)
09 May 2012EASTPLATSMarch 2012 (Q)
09 May 2012EHSVMarch 2012 (Q)
09 May 2012HARMONYMarch 2012 (Q)
Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
REDEFINE12-05-0312-05-1812-05-28R 0.3150
HOSP-B12-04-3012-05-1812-05-28R 0.0791
REDEFINTL12-04-3012-05-1812-05-28R 0.0209
HOSP-A12-04-3012-05-1812-05-28R 0.6334
CLICKS12-04-2612-06-2212-07-02R 0.4410
Ex Div**
Share NameDec-DateLDTPay-DateAmount
ASSORE12-04-1612-05-0412-05-21R 2.5000
CIPLAMED12-03-1512-05-0412-05-14R 0.0750
CBH12-02-2112-05-0412-05-14R 0.0598
DIGICORE12-02-2112-05-0412-05-14R 0.0300
Upcoming AGMs**
CodeCompany NameDateStatus
NEDNedbank Group Ltd.04/05/2012Confirmed
RNGRandgold - Exploration Co Ltd.04/05/2012Confirmed
KIOKumba Iron Ore Ltd.04/05/2012Confirmed
NBKPNedbank Ltd.04/05/2012Unconfirmed
NBKONedbank Ltd.04/05/2012Unconfirmed
Stock Exchange News Service
DateTimeHeadline
04/05/201217:36 Buildmax Limited - Appointment of Company Secretary
04/05/201217:30 Ingenuity Property Investments Limited - Further Trading Statement
04/05/201217:22BINRA - South African National Roads Agency SOC Limited ("SANRAL") - Rating
04/05/201217:21 IFCA Technologies Limited - Finalisation announcement in respect of the
04/05/201217:16 Mobile Industries Limited - Trading Statement
04/05/201217:06 Telemasters Holdings Limited - Posting of integrated annual report
04/05/201217:00 Zurich Insurance Company South Africa Limited - Change in shareholding in
04/05/201217:00 Lonrho Plc - Notice of Annual General Meeting
04/05/201216:36SER - Seardel Investment Corporation Limited - Notice Of General Meeting
04/05/201216:30 Erbacon Investment Holdings Limited - Revised trading statement and
04/05/201216:14ATN/ATNP - Allied Electronics Corporation Limited - Retirement of Non-Executive
04/05/201216:06AWA/AWB - Arrowhead Properties Limited - Financial effects relating to the
04/05/201216:04BAW9 - Barloworld Limited - Interest Rate Reset
04/05/201215:33 Digicore Holdings Limited - Appointment of Chief Financial Officer and
04/05/201215:26 Metmar Limited - Dealings in securities by directors
04/05/201214:54 Shoprite - Dealing in Securities by a Non-Executive Director
04/05/201214:49 Randgold & Exploration Company - Results of the Annual General Meeting
04/05/201214:36BIABL - African Bank Limited - Full Capital Redemption
04/05/201214:35BIIND - iNdwa Investments Limited - Listing of Tap Issue
04/05/201214:03 Merafe Resources Limited - Results of Annual General Meeting
04/05/201213:37STXRAF - Satrix RAFI 40 - Distribution and re-investment announcement-
04/05/201213:36STXRAF - SATRIX RAFI 40 - Distribution and Re-Investment Announcement - April
04/05/201213:18BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement
04/05/201213:12 Kumba Iron Ore Limited - Report on proceedings at the Annual General
04/05/201213:00 Calgro M3 - Trading statement and resignation of Non-executive director
04/05/201213:00 Blackstar - Revised timetable of corporate actions around the transfer to
04/05/201212:58RDFIHE - Investec - Declared debenture interest distribution announcement on
04/05/201212:57RDFIDH - Investec Warrants - Declared Debenture Interest Distribution
04/05/201212:56RDFIVC - Investec Warrants - Declared Debenture Interest Announcement on
04/05/201212:55RDFIVB - Investec Warrants - Declared Debenture Interest Announcement on
04/05/201212:50 O-line Holdings Limited - Notice of acquisition of securities
04/05/201212:26MNP/MND - Mondi - Annual General Meetings - Mondi Limited and Mondi plc
04/05/201212:24 Consolidated Infrastructure Group - Changes to responsibilities of
04/05/201212:24 Exxaro - Trading of Exxaro Ordinary Shares on behalf of the Exxaro
04/05/201212:14 MTN Group Limited - Subscriber and average revenue per user (ARPU)
04/05/201211:55STXDIV - Satrix Dividend Plus Portfolio - Listing of additional securities
04/05/201211:15 Bowler - Director`s Dealing in Securities
04/05/201211:09 Nedbank Group - Results of Annual General Meeting
04/05/201210:54 Metair Investments Limited - Dealing in securities by a director
04/05/201210:49ABFN07 - Absa Bank Limited - New Financial Instrument Listing
04/05/201210:45 Capricorn Investment Holdings Limited - Postponement of Dates for the
04/05/201210:37 Curro - Finalisation Announcement of the Curro Rights Offer and Specific
04/05/201209:52 Mercantile - Finalisation Announcement
04/05/201209:50BEG/BEGP2 - Beige Holdings Limited - Extension of the closing date of the
04/05/201209:48 Resource Generation Limited - Water use licence and dismissal of mining
04/05/201209:21 Discovery Holdings Limited - Changes to the Board Sub-Committee
04/05/201209:11 Metmar Limited - Conference call details: year ended 29 February 2012
04/05/201209:00 Mvelaphanda Group Limited - Mvela Group net asset value ("NAV") update
04/05/201208:36 Eastern Platinum Limited - Eastern Platinum Limited Holdings in
04/05/201208:05NED/NBKP - Nedbank Group Limited / Nedbank Limited - Quarterly report on Pillar
04/05/201208:01 Old Mutual Plc - Nedbank Group - First Quarter 2012 Trading Update
04/05/201208:00 Nedbank Group Limited - First Quarter 2012 Trading Update
04/05/201207:10 British American Tobacco p.l.c.- Transaction in own shares
04/05/201207:05 Astral Foods Limited - Voluntary Trading Statement
04/05/201207:05 Gold One - Revised Notice of AGM

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