 |
Tuesday, 05 February 2013 - 20:00
Charts
S.African stocks inch higher as retailers recover
By Tiisetso Motsoeneng
JOHANNESBURG (Reuters) - South African stocks ended a touch higher on Tuesday with retailers among the top gainers after an upbeat broker comment, while a guarded recovery in major overseas equity markets added to the positive sentiment.
However, mining shares capped gains on the main index, tracking faltering metals prices. Platinum in particular pulled back from multi-month highs.
The benchmark JSE Top-40 index ended up 0.15 percent at 36,279.10 and the broader All-share index added 0.23 percent to 40,663.34.
"There's was no follow-through from yesterday's sell-off in global markets and that suggests that there's still an underlying risk appetite out there," Andrew Bryson, a trader at BoE Stockbrokers, said.
Retailers fared well after brokerage house Absa Capital raised its rating on majors such as Shoprite, Mr Price and Truworths.
Shoprite, which was raised to 'overweight', rose 2.79 percent to 173.97 rand.
Mr Price added 2.6 percent to 126.20 rand and Truworths improved 2.38 percent to 105.45 rand after the broker raised its rating on both to 'equal weight' from 'underweight'.
Retailers, fund managers' must-haves in their portfolios for more than a year, having been under selling pressure in recent weeks as worries have grown that their prices are not justified by their earnings or outlook.
Elsewhere, Cipla Medpro set a new record high of 9.45 rand as investors bet its Indian suitor Cipla Ltd is likely to raise its $215 million bid for control of the generic drug firm.
Among the weak performers, miners dominated as metal prices slipped.
Impala Platinum skidded 2.9 percent to 163.95 rand, BHP Billiton was off 1.52 percent at 202.14 rand and AngloGold Ashanti fell 1.49 percent to 256.10 rand.
Provisional bourse statistics showed a slightly below average 190 million shares were traded, with 162 shares advancing and 129 losing ground while 67 shares were unchanged.
Tue, 05 Feb 2013Top News
![[IMAGE]](image.php@width=300&height=150&cropratio=2%253A1&image=%252Fnews_images_sn%252F1295357611.jpg "Gold ingots stand in a row") Platinum held steady on Tuesday,
consolidating the previous session's run to a four-high, with
dealers expecting further gains in coming months as
macro-economic data brightens. Full story ![[IMAGE]](image.php@width=300&height=150&cropratio=2%253A1&image=%252Fnewsimages%252F2013-02-05T155400Z_1_AJOE914186200_RTROPTP_3_OZABS-MARKETS-SAFRICA-RAND-20130205.JPG "A new five rand coin is displayed during its launch at the South African Mint.") South Africa's rand rose against the dollar on Tuesday, buoyed by slightly improved local unemployment data and a rally in European markets. Full story |
  Authorities used a
hidden camera to watch a man holding a boy hostage in an
underground bunker in rural Alabama and moved in to rescue the
child after the suspect was seen holding a gun and looking
agitated, according to news reports on Tuesday. Full story  Mahmoud Ahmadinejad was both kissed
and scolded on Tuesday when he began the first visit to Egypt by
an Iranian president since Tehran's 1979 Islamic revolution. Full story |
|
Markets |
U.S. stocks rose on Tuesday,
with the Dow rising above 14,000, as earnings came in stronger
than expected and investors sought bargains a. . . Full story |
Global equity markets and oil
prices bounced back on Tuesday after data showed the vast U.S.
services sector extended a three-year expansion last. . . Full story |
Britain's top share index
rebounded on Tuesday from a steep fall in the previous session,
with investors encouraged by forecast-beating earnings and
improving economic. . . Full story |
The euro rallied strongly
against the dollar and yen on Tuesday as better-than-expected
euro zone data bolstered expectations the European Central Bank
will keep. . . Full story | |||
European shares rose on Tuesday as
signs of economic recovery in the euro zone helped soothe
investors' worries a day after the return. . . Full story |
U.S. stocks rose on Tuesday,
with the Nasdaq gaining more than 1 percent, as investors sought
bargains following the market's worst daily session. . . Full story |
U.S. stocks rose on Tuesday,
rebounding from their worst daily loss since November in the
prior session.. . . Full story |
European stock markets staged a
tentative recovery on Tuesday after a sharp sell-off a day
earlier as investors waded through a stack of. . . Full story | ||||
SA Business |
South African unemployment fell in the last quarter of 2012, a survey showed on Tuesday, though the threat of job losses in the mining sector still remains.. . . Full story |
The rand was weaker against the dollar early on Tuesday, reacting to a resurgent political storm in the euro zone, which the South African currency has largely ignored for the last few months.. . . Full story | |||||
Addax & Oryx Group (AOG) plans to
invest $400 million in Africa's energy sector over the next five
years, its Chief Executive said, in a strategic U-turn after
sales talks collapsed last year.. . . Full story | Global mining group Anglo
American could bring a partner into Minas Rio, a
flagship iron ore asset in Brazil that has been battered by
delays and cost overruns, outgoing chief executive Cynthia
Carroll said on. . . Full story | South African steel mills and foundries will be given priority to buy scrap metal which can only be exported if they are offered it at discount first, according to a draft. . . Full story |
Company News |
Shareholders are advised that, at the annual general meeting of EOH held on 5 February 2013, all the resolutions set out. . . Full story |
Further to the cautionary announcements dated 14 November 2012 and 20 December 2012, shareholders are advised that discussions are still in. . . Full story |
Shareholders were referred to the announcement released on SENS on 5 December 2012 in respect of the acquisition of 60% of. . . Full story |
Shareholders are advised that Mr Jabulani Mahlangu has been appointed to the Company's Board as an independent non- executive director and. . . Full story | |||
Company Results | Gross sales revenue for the year ended 31 December 2012 decreased to R43.1 billion (2011: R51.5 billion). Operating loss was recorded at R6.3 billion (2011: profit of R8 billion), and loss. . . Full story | Revenue increased to R8.9 billion (R8 billion). Gross profit declined to R1.9 billion (R1.9 billion). Operating profit decreased to R1.4 billion (R1.6 billion). Net attributable profit decreased to R1.3 billion (R1.5. . . Full story | Revenue from continuing operations plummeted to AUD758 000 (AUD1.1 million). Loss attributable to owners was AUD760 000 (profit of AUD680 000). Furthermore, basic earnings per share from continuing operations remained unchanged. . . Full story |
World Markets (Spot Prices)
|
|
Click here for the Sharenet Spot Price page
The JSE Today
| Date | Adv. | Decl. | Unch. | Actives | Volume | Value | Trades | Orders |
|---|---|---|---|---|---|---|---|---|
| 05/02/2013 | 209 | 144 | 77 | 430 | 218,077,592 | R12,737,076,436 | 158478 | 1629848 |
| 04/02/2013 | 168 | 207 | 65 | 440 | 221,466,971 | R12,486,239,895 | 160576 | 1538430 |
| 01/02/2013 | 227 | 145 | 62 | 434 | 192,914,955 | R12,137,252,802 | 163505 | 1791776 |
| 31/01/2013 | 162 | 222 | 70 | 454 | 303,299,029 | R18,101,015,407 | 214547 | 1569257 |
| 30/01/2013 | 180 | 165 | 76 | 421 | 212,694,108 | R13,608,590,082 | 157142 | 1198859 |
Major Moves Up
Click here for more Major Moves... |
Major Moves Down
Click here for more Major Moves... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New Highs
Click here for more Major Moves... |
New Lows
Click here for more Major Moves... |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Index Summary
|
|
Click here for the Sharenet Index Summary page
Latest Consensus Changes**
|
Results Expected**
|
Recent Dividends**
|
Ex Div**
|
Upcoming AGMs**
|
Stock Exchange News Service
| Date | Time | Headline |
| 05/02/2013 | 17:20 | OLDINGS LIMITED - Results of annual general meeting |
| 05/02/2013 | 17:09 | JSE LIMITED - Index Change Advice 20130213 Jubilee Platinum Shares In Issue Upda... |
| 05/02/2013 | 17:07 | JSE LIMITED - Index Change Advice 20130213 Investec Property Fund Shares In Issu... |
| 05/02/2013 | 17:05 | JSE LIMITED - Index Change Advice - 20130213 Rebosis Property Fnd Shares In Issu... |
| 05/02/2013 | 17:00 | 1TIME HOLDINGS LIMITED - Renewal of cautionary announcement |
| 05/02/2013 | 16:46 | EDCON (PTY) LIMITED - Edcon reissued results |
| 05/02/2013 | 16:45 | EDCON (PTY) LIMITED - Edcon launches bond offering |
| 05/02/2013 | 16:22 | EMPOWERMENT LIMITED - Further cautionary announcement relating to a potential de... |
| 05/02/2013 | 16:15 | SILVERBRIDGE HOLDINGS LIMITED - Trading Statement |
| 05/02/2013 | 15:45 | MIRANDA MINERAL HOLDINGS LIMITED - Further Cautionary Announcement |
| 05/02/2013 | 15:20 | IVUZI INVESTMENTS LIMITED - Full Capital Redemption - IVA306 IVF003 |
| 05/02/2013 | 15:15 | JUBILEE PLATINUM PLC - Renewal of cautionary and update on proposed merger with ... |
| 05/02/2013 | 15:15 | INDWA INVESTMENTS LIMITED - New Instrument Listing - IND319 |
| 05/02/2013 | 15:05 | EASTERN PLATINUM LIMITED - News release: Operations at Crocodile River Mine susp... |
| 05/02/2013 | 15:00 | STANDARD BANK OF SOUTH AFRICA LD - Standard Bank SBR003 Interest Rate Announceme... |
| 05/02/2013 | 14:01 | AFRICAN BANK INVESTMENTS LIMITED - Report On Proceedings At The Annual General M... |
| 05/02/2013 | 13:32 | ONELOGIX GROUP LIMITED - Fulfilment of Conditions Precedent to the Acquisition o... |
| 05/02/2013 | 13:15 | COAL OF AFRICA LIMITED - Holdings in Company |
| 05/02/2013 | 13:15 | COAL OF AFRICA LIMITED - Holdings in Company |
| 05/02/2013 | 13:00 | Transnet SOC Limited - Mr Anoj Singh Temporarily Assumes the Role of Treasurer a... |
| 05/02/2013 | 12:55 | LLER PLC - SABMILLERS Chinese joint venture to acquire Brewery Business of Kingw... |
| 05/02/2013 | 12:48 | OANDO PLC - Extension of closing date of rights issue |
| 05/02/2013 | 11:50 | BLACKSTAR GROUP SE - Transaction in own shares |
| 05/02/2013 | 11:29 | STRATCORP LIMITED - Change to the board |
| 05/02/2013 | 10:45 | RESOURCE GENERATION LIMITED - Interim Financial Report for the half year ended 3... |
| 05/02/2013 | 10:35 | RESOURCE GENERATION LIMITED - Half Yearly Report to 31 December 2012 |
| 05/02/2013 | 10:11 | TRUSTCO GROUP HOLDINGS LIMITED - Appointment of independent non-executive direct... |
| 05/02/2013 | 09:00 | NORTHAM PLATINUM LIMITED - Trading Statement |
| 05/02/2013 | 08:57 | FIRESTONE ENERGY LIMITED - Issue of Shares to BBY Nominees - Appendix 3B |
| 05/02/2013 | 08:47 | FIRESTONE ENERGY LIMITED - Initial Director's Interest Notice - Appendix 3X |
| 05/02/2013 | 08:25 | FIRESTONE ENERGY LIMITED - Issue of Convertible Notes and Options Appendix 3B |
| 05/02/2013 | 08:12 | FIRESTONE ENERGY LIMITED - ASX Waiver from Listing Rule 14.7 |
| 05/02/2013 | 08:10 | FIRESTONE ENERGY LIMITED - Notice Under Section 708A(12C)(e) Of The Corporations... |
| 05/02/2013 | 08:00 | SATRIX COLLECTIVE INVESTMENT SCHEME - Listing of additional SATRIX INDI securiti... |
| 05/02/2013 | 08:00 | FIRESTONE ENERGY LIMITED - First Stage Settlement Completed |
| 05/02/2013 | 07:05 | PROTECH KHUTHELE HOLDINGS LIMITED - Aappointment of Business Executive: Concrete... |
Click here for more SENS news