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 The Sharenet Daily 
Wednesday, 06 February 2013 - 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)

Mobile phone firms lead South African stocks lower

By Tiisetso Motsoeneng

JOHANNESBURG (Reuters) - South African stocks ended slightly lower on Wednesday as mobile phone firms pushed the bourse down after Vodacom's quarterly earnings failed to excite.

Sentiment was also dented by weakness in major global equity markets ahead of the European Central Bank's verdict on interest rates.

The JSE Top-40 index lost 0.34 percent to 36,156.66 and the broader All-share index slipped 0.25 percent to 40,559.67.

"The market does look a little bit full at these levels. Without a real catalyst, I expect it to consolidate around these levels for while," said Rudi van der Merwe, a trader at Standard Bank Stockbroking.

Vodacom shares slid after it reported a modest 1.7 percent rise in quarterly sales, which suggested that debt-laden consumers were spending warily.

Vodacom, the nation's biggest mobile phone firm, fell 4.24 percent to 116.20 rand, topping the decliners' list and dragging down its closest rival MTN Group, which skidded 3 percent to 178.15 rand.

Elsewhere, Sappi plunged to record low of 28.50 rand after the paper maker suffered a more than 60 percent drop in quarterly profit.

The stock eventually closed 5.72 percent in the red at 29.27 rand.

Major retailers rose for the second straight day after brokerage house Absa Capital gave an upbeat assessment on the sector that has been under heavy selling pressure in the last month.

Grocer Shoprite gained 1.45 percent to 176.50 rand and clothes retailer Truworths added 0.81 percent to 106.30 rand.

Investors have been offloading retailers in recent weeks after a year-long rally that many analysts have said pushed their shares to levels from which they can only disappoint.

Elsewhere, Cipla Medpro hit a record high for the second straight day as investors bet its Indian suitor Cipla Ltd would raise its $215 million offer for the generic drug firm.

Provisional bourse statistics showed a slightly below average 173 million shares were traded, with 155 shares advancing and 158 losing ground while 60 shares were unchanged.

Wed, 06 Feb 2013
Top News
Gold edged higher on Wednesday, recovering early losses, as stocks came under pressure from renewed concerns over the euro zone economy, and on caution ahead of a European Central Bank meeting later this week  Full story

Local markets At noon on Wednesday, the JSE All Share had risen 0.23% with gains in resources and financial shares helping to boost the local bourse.  Full story
A fierce critic of the Tunisian government's dealings with radical Islamists was shot dead on Wednesday, sending protesters onto the streets two years after their Jasmine Revolution sparked revolt across the Arab world.  Full story
India pledged on Wednesday not to let defence cuts disrupt efforts to finalize a potential $10 billion purchase of French warplanes, but both sides played down expectations of a landmark deal in time for a visit by French President Francois Hollande next week.  Full story
Leaders of Islamic nations called for a negotiated end to Syria's civil war at a summit in Cairo that began on Wednesday, thrusting Egypt's new Islamist president to centre stage amid turbulence at home.  Full story
Euro zone equities sank to two-month lows on Wednesday, with investors locking in profits on a half-year rally, spooked by a run of. . .  Full story
Britain's top shares nudged into positive territory on Wednesday on a strong showing from asset managers following robust results from Hargreaves Lansdown, which outweighed. . .  Full story
U.S. and world stock markets paused for breath on Wednesday after a rally that drove the S&P 500 to five-year highs, while. . .  Full story
U.S. stocks were little changed in late morning trading on Wednesday as investors awaited fresh trading incentives after recent rallies took the S&P. . .  Full story

U.S. stocks opened lower on Wednesday as investors found few fresh trading incentives to keep pushing equities higher following a 1-percent rally in. . .  Full story
The Euro STOXX 50 Volatility Index , or VSTOXX, Europe's widely-used measure of investor risk aversion, hit a 2-1/2 month high on Wednesday. . .  Full story
European equities extended losses in afternoon trade on Wednesday, weighed down by a string of disappointments from the earnings season and tracking a. . .  Full story
European stocks were mixed at midday on Wednesday as the previous session's tentative recovery lost steam, with euro zone banks sliding on renewed. . .  Full story
SA Business
South Africa mobile network operator MTN said on Wednesday that it agreed to acquire another 50 percent stake in MTN Cyprus. . .  Full story
The rand was steady against the dollar in early Wednesday trade and looked set to test the 8.80 resistance level should. . .  Full story
ArcelorMittal South Africa, a unit of the world's top steelmaker, on Wednesday reported a full-year loss due to a drop in. . .  Full story
The World Bank's private sector arm, IFC, issued 12 billion naira worth of its debut Nigerian local currency bond on Tuesday. . .  Full story

The South African rand is set to rise this year after losing almost 5 percent against the dollar in 2012, a. . .  Full story
Fastjet, the African budget airline backed by easyJet founder Stelios Haji-Ioannou, is in a dispute over the right to use the Fly540 brand in. . .  Full story
South Africa's Sappi posted a fall in first-quarter profit on Wednesday, hit by lower paper and pulp selling prices, and said. . .  Full story
South Africa's dominant mobile operator, Vodacom Group Ltd, reported a 1.7 percent increase in third-quarter revenue on Wednesday as it boosted. . .  Full story

Private equity funds completed $1.16 billion worth of deals in sub-Saharan Africa in 2012, a near 10 percent increase from the previous year, a survey showed on Tuesday.. . .  Full story
Gold fell on Tuesday, retreating from an initial rally, as solid gains in U.S. equities and an improving economic outlook weighed on the metal's safe-haven appeal. Palladium and platinum rose on. . .  Full story
Addax & Oryx Group (AOG) plans to invest $400 million in Africa's energy sector over the next five years, its Chairman said, in a strategic U-turn after sales talks collapsed last year.. . .  Full story
Company News
Brian Harley, the Chief Executive Officer of B&W would like to invite shareholders, investors and analysts to a pre-close Investor Day. . .  Full story
Old Mutual announced that it has completed the acquisition of a majority stake in Oceanic Life, the life assurance operations of. . .  Full story
Shareholders are advised that Howden expects earnings and headline earnings per share from continuing operations to be in the range of. . .  Full story
Morvest shareholders are advised that for the six month period ended 30 November 2012 the company expects: * earnings per share. . .  Full story

Shareholders are referred to the cautionary announcement dated 12 November 2012, and the previous announcement referred to therein, in respect of. . .  Full story
The Company provided an update on the year end production ahead of the announcement of its 31 December 2012 year end. . .  Full story
The group's interim results for the six months ended 31 December 2012 are expected to be released on SENS on or. . .  Full story
Morvest shareholders were referred to the cautionary announcements, released on SENS on 13 November 2012 and 21 December 2012, and were. . .  Full story
Company Results
Revenue from continuing operations plummeted to AUD758 000 (AUD1.1 million). Loss attributable to owners was AUD760 000 (profit of AUD680 000).. . .  Full story
Sales decreased to USD1.5 billion (USD1.6 billion). Gross profit declined to USD174 million (USD208 million) and operating profit was lower at. . .  Full story
Revenue for the year grew to R32.3 billion (R31.5 billion) whilst loss from operations plummeted was R477 million (profit of R297. . .  Full story
Net rental and related revenue jumped to R793.8 million (R603.4 million). Profit for the year attributable to equity holders shot up. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0040559.67-103.00-0.25%
JSE Top 4017:0036156.66-122.00-0.34%
JSE Gold17:002222.97-10.00-0.45%
JSE Financial17:0030006.98-155.00-0.51%
JSE Industrial17:0048688.80-215.00-0.44%
JSE Indust 2517:0042105.84-206.00-0.49%
JSE Resource17:0053280.81137.000.26%
DJ Futures19:4813930.00-2.00-0.01%
DJ Ind19:5813985.916.610.05%
SP 50019:581511.840.550.04%
FTSE 10018:356295.3412.580.20%
All Ords07:434940.5037.900.77%
NZSE 5005/024211.95-34.45-0.81%
NameTimeRPMove% Move
Gold $19:591677.064.220.25%
Gold R19:5814940.50189.941.29%
Gold R/kg19:5848029254531.15%
Silver $19:5931.8110.03400.11%
Platinum $19:591733.0025.001.46%
Palladium $19:59763.80-2.00-0.26%
Brent Crude19:58116.911.311.13%
Rand / Dollar19:598.91010.09001.02%
Rand / Pound19:5513.91440.13500.98%
Rand / Euro19:5512.04950.07180.60%
Rand / NZD19:587.50970.05970.80%
Rand / AUD19:559.19180.02780.30%
Yen / Dollar19:5993.4130-0.2670-0.28%
Euro / Dollar19:550.73890.00290.39%
Dollar / Euro19:591.3516-0.0061-0.45%
Pound / Dollar19:550.63840.00010.02%

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The JSE Today

Trading Statistics
* Includes all listed instruments on the JSE
Major Moves Up
SharenameSaleMove% MoveVolume
1 LONAFRIC  1101414.58.%25000
2 RANGOLD  228188.57.%87990
3 HULAMIN  430307.50.%234905
4 DAWN  660355.60.%10710
5 COMAIR  195105.41.%10164
6 ADVTECH  685355.38.%136060
7 LONMIN  52752104.15.%750211
8 SOVFOOD  505204.12.%20000
9 CLOVER  1742573.38.%101714
10 CAPEVINH  668213.25.%127200
11 BCX  580183.20.%967055
12 SENTULA  17153.01.%3185543
13 ANGLOPLAT  4620012032.67.%367006
14 VIVIDEND  580152.65.%12400
15 CML  44541152.65.%369839
16 DIPULA-B  955242.58.%311047
17 JASCO  13932.21.%39590
18 ASTRAPAK  725152.11.%2500
19 STEINHOFF  2729542.02.%4025213
20 ROLFES  510102.00.%3500

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Major Moves Down
SharenameSaleMove% MoveVolume
1 ALTECH  3507-311-8.15.%157615
2 RAINBOW-N  105-9-7.89.%161345
3 ILIAD  555-45-7.50.%17564
4 HWANGE  125-10-7.41.%472
5 GOLDONE  315-23-6.80.%15370
6 SAPPI  2900-176-5.72.%2780305
7 BRIMST-N  1200-60-4.76.%198
8 VODACOM  11620-515-4.24.%5219603
9 DIAMONDCP  115-5-4.17.%5355
10 LITHA  350-15-4.11.%57544
11 BELL  2549-101-3.81.%12359
12 AFRO-C  475-15-3.06.%287276
13 TRNSHEX  320-10-3.03.%73210
14 MTN  17815-552-3.01.%4673030
15 STANBANK  11652-292-2.44.%2676973
16 KGMEDIA  2332-58-2.43.%35736
17 STEFSTOCK  970-24-2.41.%647367
18 TASTE  405-10-2.41.%50785
19 DIGICOR  298-7-2.30.%106039
20 BLUETEL  880-20-2.22.%3320076

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New Highs
SharenameSaleHighMove% MoveVolume
1 CAPEVINH  668672213.25.%127200
2 BCX  580590183.20.%967055
3 PNR-FOODS  698072201331.94.%110286
4 FAMBRANDS  78947894821.05.%21224
5 PINNACLE  20002008130.65.%197718
6 SA-CORP  38839620.52.%876044
7 NORTHAM  40004098200.50.%916886
8 NASPERSN  59250597272730.46.%954149
9 CIPLAMED  9409500.427343
10 ABSA  1710017315-50-0.29.%1146604
11 PICKNPAY  48214939-79-1.61.%1369223
12 MTN  1781518445-552-3.01.%4673030
13 BRIMST-N  12001280-60-4.76.%198

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New Lows
SharenameSaleLowMove% MoveVolume
1 ALTECH  35073507-311-8.15.%157615
2 RAINBOW-N  10595-9-7.89.%161345
3 HWANGE  125125-10-7.41.%472
4 LEWIS  65556473-9-0.14.%277699

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Index Summary
Index NameRPMove% Move
Top 4036,156.00-122.00-0.34%
Mid Cap54,996.00115.000.21%
Small Cap42,330.00-35.00-0.08%
Resource 2053,280.00137.000.26%
Industrial 2542,105.00-206.00-0.49%
Financial 1511,299.00-72.00-0.64%
Financial & Ind. 3045,797.00-264.00-0.57%
All Share40,559.00-103.00-0.25%
Oil & Gas 29,317.00-120.00-0.41%
Mining 34,324.00120.000.35%
Gold Mining2,222.00-10.00-0.45%
Platinum Mining58.001.002.89%
GENERAL MINING9,129.0034.000.38%
Oil & Gas Producers 15,763.00-64.00-0.41%
Basic Materials 29,609.0080.000.27%
Chemicals 17,745.00-92.00-0.52%
Forestry & Paper 19,293.00-204.00-1.05%
Industrial Metals 30,432.0055.000.18%
Industrials 38,207.0062.000.16%
General Industrials
Consumer Goods 44,626.00-126.00-0.28%
Automobiles & Parts 7,733.00.000.00%
Household Goods185.0042.48%
Health Care 55,978.00120.000.22%
Beverages 150.00.00-0.52%
Index NameRPMove% Move
Food Producers 68,945.00-327.00-0.47%
Personal Goods 736.00.000.11%
Consumer Services 82,276.00407.000.50%
General Retailers 64,216.00102.000.16%
Travel & Leisure 5,098.0026.000.52%
Support Services 2,335.00-3.00-0.13%
Telecommunications 84,887.00-2726.00-3.11%
Financials 30,006.00-155.00-0.51%
Banks 53,871.00-658.00-1.21%
Non-life Insurance 46,450.00-507.00-1.08%
Life Insurance 26,134.0013.000.05%
General Financial 2,819.0029.001.05%
Technology 33,216.0096.000.29%
SHARIAH TOP40 3,551.00-10-0.29%
FTSE/JSE SHARIAH ALL3,662.00-6-0.18%
COAL MINING22,381.00550.25%
FTSE JSE Fledgling 5,945.0000.00%
FTSE/JSE Alt X 844.00121.48%
CAPPED PROPERTY 409.00-0.24%
RESOURCE 29,336.00700.24%
DIVIDEND PLUS215.000-0.19%
FTSE/JSE RAFI 408,263.00-31-0.38%
Capped Top 4019,045.00-68-0.36%
Capped All Share20,510.00-53-0.26%
JSE TABACO 5,874.0090.17%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
07/02/2013CAPITALDecember 2012 (Final)
07/02/2013JASCODecember 2012 (Interim)
07/02/2013JASCOPDecember 2012 (Interim)
07/02/2013NET1UEPSDecember 2012 (Interim)
07/02/2013NET1UEPSPDecember 2012 (Interim)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
SBR00305/02/201325/04/201306/05/2013R 1.3500
HARMONY04/02/201301/03/201311/03/2013R 0.5000
CULINAN5.501/02/201315/02/201325/02/2013R 0.0550
HUDACO01/02/201301/03/201311/03/2013R 3.1000
FIRSTRANDB-P01/02/201315/02/201325/02/2013R 3.2025
Ex Div**
Share NameDec-DateLDTPay-DateAmount
FOORDCMPS18/01/201301/02/201311/02/2013R 0.4899
TREMATON29/11/201201/02/201311/02/2013R 0.0250

Upcoming AGMs**
CodeCompany NameDateStatus
SAPSappi Ltd.06/02/2013Confirmed
NTCPRNetcare Ltd.08/02/2013Confirmed
NTNNetcare Ltd.08/02/2013Confirmed
NTCNetcare Ltd.08/02/2013Confirmed
NTCPNetcare Ltd.08/02/2013Confirmed

Stock Exchange News Service
06/02/201317:50IENT PROPERTY INCOME FUND LTD - Changes to the board of directors of Resilient
06/02/201317:30NAMPAK LIMITED - Dealings in securities by executive director
06/02/201317:16THE STANDARD BANK OF SA LTD - BISTDB The Standard Bank of South Africa Limited ...
06/02/201317:10JSE LIMITED - Index Change Advice - 20130211 Unbundling of Sibanye Gold from Gol...
06/02/201316:37B&W INSTRUMENTATION & ELECTRICAL LD - Pre-Close Investor Day
06/02/201316:31NEW EUROPE PROPERTY INVESTMENTS PLC - Availability of condensed consolidated au...
06/02/201316:30NEW EUROPE PROPERTY INVESTMENTS PLC - Condensed consolidated audited financial ...
06/02/201316:16OLD MUTUAL PLC - Notification of Major Interest in Shares
06/02/201316:15FORTRESS INCOME FUND LIMITED - TRP121 Notification of an acquisition of benefici...
06/02/201316:15OLD MUTUAL PLC - Total Voting Rights and Shares in Issue
06/02/201316:03NY GOLD MINING COMPANY LIMITED - Fatality at the Saaiplaas 3 Demolition Site
06/02/201316:00FAIRVEST PROPERTY HOLDINGS LIMITED - Acquisition of new property - The Matsulu C...
06/02/201315:50IVUZI INVESTMENTS LIMITED - Listing of Tap Issue - IVA318
06/02/201315:45INDWA INVESTMENTS LIMITED - Interest Rate Reset - IN02E
06/02/201315:35FIRSTRAND BANK LIMITED - New Instrument Listing - FRC163
06/02/201315:20Capitec Bank Limited - Interest Rate Reset - CBL10
06/02/201315:17 LIMITED - Results of AGM - 6 February 2013
06/02/201315:03TOTAL CLIENT SERVICES LIMITED - Renewal of cautionary announcement
06/02/201315:00OLD MUTUAL PLC - Old Mutual Completes Acquisition of Oceanic Life
06/02/201314:45TELE LIMITED - Trading Statement
06/02/201314:42ALERT STEEL HOLDINGS LIMITED - Further Cautionary Announcement
06/02/201314:17IENT PROPERTY INCOME FUND LTD - Condensed audited consolidated financial stateme...
06/02/201314:00HOWDEN AFRICA HOLDINGS LIMITED - Trading update
06/02/201314:00COAL OF AFRICA LIMITED - Notice of change of interests of substantial holder
06/02/201313:46INVICTA HOLDINGS LIMITED - Directors dealings in securities
06/02/201313:45INVICTA HOLDINGS LIMITED - Directors dealings in securities
06/02/201313:00BLACKSTAR GROUP SE - Notification of major interest in shares
06/02/201312:57VIVIDEND INCOME FUND LIMITED - Cautionary Announcement
06/02/201312:56SABLE PLATINUM LIMITED - Dealing in securities by a director of Sable Platinum
06/02/201312:42ST BUSINESS GROUP LIMITED - Trading statement
06/02/201312:40IS PROPERTY FUND LIMITED - Rights offer - dealings in securities by directors of...
06/02/201312:30Transnet SOC Limited - New Commercial Paper Issue - TSP138
06/02/201312:30Transnet SOC Limited - New Commercial Paper Issue - TSP137
06/02/201311:26ABSA BANK LIMITED - ACL001 and ACL116 - Interest Rate Reset
06/02/201311:08STRATCORP LIMITED - Further Cautionary Announcement
06/02/201311:00CHROMETCO LIMITED - Resource update
06/02/201310:45WESCOAL HOLDINGS LIMITED - Directors dealings in securities
06/02/201310:35THE STANDARD BANK OF SA LTD - Interest rate announcement
06/02/201310:11Standard Bank Of South Africa Ld - Scib: Notice Of Rollover Of Standard Bank Sha...
06/02/201310:08ALERT STEEL HOLDINGS LIMITED - Change to the Board Of Directors
06/02/201309:15CAPITAL PROPERTY FUND - New Financial Instrument Listing: CPL012
06/02/201309:00MERCEDES-BENZ SA (PTY) LTD - New Financial Instrument Listing: MBC19
06/02/201309:00Central Rand Gold Limited - Operational Update
06/02/201308:54MVELASERVE LIMITED - Trading statement
06/02/201308:45ROUP LIMITED - MTN group to increase its interest in MTN Cyprus to 100%
06/02/201308:00ARCELORMITTAL SOUTH AFRICA LIMITED - Reviewed group financial results for the ye...
06/02/201308:00GOLD FIELDS LIMITED - Issued share capital of Gold Fields and Sibanye Gold in re...
06/02/201308:00 LIMITED - Results for Q1 ended 31 December 2012
06/02/201307:16ST BUSINESS GROUP LIMITED - Renewal of cautionary
06/02/201307:05VODACOM GROUP LIMITED - VOD006 - Trading Statement for the quarter ended 31 Dece...
06/02/201307:05OM GROUP LIMITED - 3rd Quarter results ended 31 December 2012

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