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S.Africa's rand off two-week low, bonds gain
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The Sharenet Daily 
Friday, 21 October 2011 - 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's rand off two-week low, bonds gain

By Phumza Macanda

JOHANNESBURG (Reuters) - South Africa's rand ended the week with its biggest loss in a month on Friday but had bounced from two-week lows on hopes that European leaders were close to a deal that will recapitalise banks and stop the debt crisis from spreading.

As a heavily traded currency in global markets the rand has been at the mercy of shifting investor sentiment that has led to wide gyrations on the back of uncertainty about the outcome of the debt situation.

After starting on a weaker note, the rand recovered mid-session, climbing further from a two-week low of 8.27 hit Thursday.

By 1535 GMT, it was trading at 8.06 against the dollar, 1.13 percent firmer that Thursday's New York close of 8.1505.

"The euro had a good day so we are seeing the rand coming back," said Ion de Vleeschauwer, chief dealer at Bidvest.

"There's hope that this weekend's Europe meeting will bear some fruit so people are getting back into risky assets."

A weekly close below 8.00 will be a strong signal that the rand has shrugged off Thursday's weakness and could target 7.90 early next week, especially if the euro maintains its gains.

The rand lost has lost 3.5 percent so far this week, the first weekly loss in three weeks and the worst in a month.

IFR, a Reuters markets analysis service, said the weaker trend was still intact and the rand could break 8.3520 on the upside.

Government bonds ended slightly firmer on the day.

The long end of the curve came under a bit of pressure this week on expectations that Finance Minister Pravin Gordhan will announce wider fiscal deficits next week when he presents his three-year policy plan.

The yield spread between the 2015 and 2026 bonds is trading at record highs this week in anticipation of increased issuance at the longer end of the curve to make up for weak revenue.

The yield on the 2015 bond was down three basis points to 6.7 percent and that on the 2026 note slipped 0.5 basis points to 8.415 percent.

Fri, 21 Oct 2011
Top News
[IMAGE]
South African stocks ended sharply higher on Friday, booking their third straight day of gains, with miners among the top performers as commodity prices cruised higher.  Full story
[IMAGE]
Revenue for the year decreased to R409 000 (2010: R421 000). Gross profit fell to R76 000 (2010: R128 000), but the operating loss narrowed to R3.6 million (2010: loss of R3.7 million), while loss attributable to equity holders of the parent widened to R3 million (2010: loss of R1.4 million)  Full story
Muammar Gaddafi's body lay in an old meat store on Friday as arguments over a burial, and his killing after being captured, dogged efforts by Libya's new leaders to make a formal start on a new era of democracy.  Full story
U.S. Secretary of State Hillary Clinton said Friday that the United States had held a preliminary meeting with representatives of the Haqqani network, a group of militants Washington has blamed for a series of attacks in Afghanistan.  Full story
President Barack Obama said on Friday the United States will fulfil its pledge to pull troops out of Iraq by the end of the year.  Full story
 
Markets
U.S. stocks rose to their highest levels in more than two months on Friday in anticipation of a weekend European Union debt-crisis summit that. . .  Full story
Global equities surged and the euro gained on Friday as investors bet that European leaders over the next few days will move forward. . .  Full story
European stocks rallied on Friday, ending a roller-coaster week on a positive note as investors bet that measures to stop contagion from the. . .  Full story
Gold rose 1 percent on Friday, breaking a four-day losing streak, as bullion moved in sync once again with riskier assets on optimism. . .  Full story
U.S. stocks advanced on Friday, with the Dow up 2 percent by midday trade, as investors looked forward to a weekend European Union. . .  Full story
Britain's top share index rose on Friday, erasing the previous session's losses, as investors took positions ahead of the European leaders' summit on. . .  Full story
European stocks rallied on Friday, ending a roller-coaster week on a positive note as investors bet that swift measures to stop contagion from. . .  Full story
U.S. stocks rose on Friday to levels unseen since early August on the eve a European Union debt-crisis summit that could go some. . .  Full story
SA Business
The rand weakened against the dollar on Friday, hovering around a key support level that, if breached, could see it tumble to 8.27, as happened in its previous session.. . .  Full story
Libya's new leaders will have to dig deep to find billions of dollars in cash and assets that Muammar Gaddafi and his family. . .  Full story
South Africa's Finance Minister Pravin Gordhan is fast running out of safe fiscal options that would not threaten credit ratings as he faces. . .  Full story
South Africa's Royal Bafokeng Platinum said on Friday a wage strike by contract miners at its Bafokeng Rasimone Platinum mine will. . .  Full story
France Telecom has finalised plans to buy Congo Chine Telecome, CCT, a mobile phone operator in Democratic Republic of Congo, the. . .  Full story
Company News
Shareholders were advised that the company's annual report, incorporating the audited financial statements for the year ended 30 April 2011, was. . .  Full story
Shareholders were advised that Mvela Group has entered into negotiations, which if successfully concluded may have a material effect on the. . .  Full story
At the sixteenth annual general meeting of the shareholders of AFGRI held on 21 October 2011, all the ordinary resolutions, except. . .  Full story
MMI announced the appointment of Mark van der Watt as the new CEO of Momentum Retail, one of the group's six. . .  Full story
The board of directors of Bluetel announced the appointment of Mr SJ (Jerry) Vilakazi to the board as a non-executive director with immediate effect.. . .  Full story
In respect of the consolidated financial statements of Resgen for the year ended 30 June 2011 released on 24 August 2011 the following additional information is provided. 30 June 11 &. . .  Full story
RBPlat advised that members of the National Union of Mineworkers ("NUM") employed by JIC Mining Services("JIC")("contract miners"), have embarked on a protected strike action since Monday 17 October 2011, resulting from. . .  Full story
Company Results
Group revenue increased by 12% to R1 billion (R908.3 million), while operating profit improved 8% to R183.8 million (R170.1 million) reflecting. . .  Full story
Revenue for the year ended 31 August 2011 increased by 6.4% to R14.8 billion (2010: R13.9 billion). Gross profit rose by. . .  Full story
Revenue for the interim period increased to R40.8 million (2010: R38.7 million). Gross profit more than doubled to R40.8 million (2010:. . .  Full story
Revenue rose to R29.5 million (R28 million) but net income from rentals and investments dropped to R17.9 million (R18.4 million). Operating. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0031449.99613.101.99%
JSE Top 4017:0028165.61619.032.25%
JSE Gold17:002794.7518.060.65%
JSE Financial17:0021484.80329.921.56%
JSE Industrial17:0033642.70576.571.74%
JSE Indust 2517:0028466.55550.271.97%
JSE Resource17:0051081.111260.542.53%
DJ Futures19:5011650.00179.001.56%
DJ Ind19:4511702.23160.451.39%
SP 50020:001227.7312.341.02%
Nasdaq20:002614.7316.110.62%
FTSE 10017:355488.65103.971.93%
DAX18:065970.96204.483.55%
CAC4018:063171.3487.272.83%
Nikkei08:268678.89-3.26-0.04%
Shanghai09:262317.28-14.09-0.60%
Hang-Seng10:2618025.7242.620.24%
All Ords07:394203.40-3.40-0.08%
NZSE 5006:463281.16-8.61-0.26%
NameTimeRPMove% Move
Gold19:591635.7016.601.03%
Gold/Rand20:0013192.90-1.64-0.01%
Gold/R kg20:00424152-1028-0.24%
Silver19:5931.1980.70802.32%
Platinum19:591503.0011.350.76%
Palladium19:59614.2530.505.22%
R15716:066.69.010.15%
R20417:067.74.020.19%
Brent Crude19:56111.081.521.39%
Rand / Dollar19:598.0656-0.0827-1.01%
Rand / Pound19:5512.7911-0.0567-0.44%
Rand / Euro19:5511.1427-0.1086-0.97%
Rand / NZD19:586.4493-0.0145-0.22%
Rand / AUD19:558.3045-0.0335-0.40%
Yen / Dollar19:5776.1900-0.6230-0.81%
Euro / Dollar19:550.7221-0.0035-0.48%
Dollar / Euro19:591.38330.00550.40%
Pound / Dollar19:550.6274-0.0058-0.92%

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The JSE Today
 Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
21/10/201122911582426271,192,784R13,189,349,713866432328221
20/10/201113522163419294,228,087R15,078,423,8161097952678896
19/10/201121713088435322,639,850R14,892,217,9831099242334961
18/10/201115517286413271,999,318R11,918,290,6781015762533023
17/10/201116116296419207,941,493R10,202,340,0081030062279175
Major Moves Up
SharenameSaleMove% MoveVolume
1 COMPCLEAR  3003011.11.%19124
2 JUBILEE  185169.47.%192014
3 TASTE  170148.97.%101977
4 OCEANA  42002005.00.%11577
5 BASREAD  1500654.53.%250518
6 BILLITON  2450010004.26.%3865166
7 HULAMIN  699284.17.%1392886
8 BATS  3704614264.00.%2899201
9 URONE  1876723.99.%31135
10 CALGRO  18773.89.%5040
11 RICHEMONT  43931643.88.%9212263
12 INVPLC  48241743.74.%2246037
13 FIRSTRAND  1975703.67.%13309643
14 KUMBAIO  4571316133.66.%695952
15 PETMIN  26093.59.%5699655
16 TRNSHEX  320113.56.%187033
17 REINET  1373473.54.%3754966
18 CASHBIL  99003263.41.%179681
19 INVLTD  48601603.40.%1418212
20 CAPCO  2191683.20.%141735

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Major Moves Down
SharenameSaleMove% MoveVolume
1 BAUBA  200-38-15.97.%682
2 PLATMIN  284-29-9.27.%26500
3 PUTPROP  540-40-6.90.%940
4 IQUAD  230-14-5.74.%10000
5 DORBYL  250-15-5.66.%205323
6 WITSGOLD  4250-250-5.56.%575
7 OCTODEC  1700-89-4.97.%13424
8 SASFIN  2951-144-4.65.%1000
9 AFRO-C  205-10-4.65.%25041
10 AFEAGLE  105-5-4.55.%1000
11 CLIENTELE  1050-44-4.02.%998
12 AQUARIUS  2200-72-3.17.%323521
13 RAINBOW  1564-49-3.04.%5061
14 ACUCAP  3810-89-2.28.%197032
15 TRENCOR  3300-75-2.22.%32700
16 HCI  8029-171-2.09.%749
17 AMA  190-4-2.06.%133533
18 AFGRI  510-10-1.92.%42857
19 PALLINGHT  310-6-1.90.%853206
20 HOLDSPORT  3240-60-1.82.%4770

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New Highs
SharenameSaleHighMove% MoveVolume
1 TASTE  170170148.97.%101977
2 OCEANA  420042502005.00.%11577
3 BASREAD  15001510654.53.%250518
4 BATS  370463710014264.00.%2899201
5 REINET  13731400473.54.%3754966
6 REX-TRUE  16501650503.13.%300
7 AFROC-P  525525152.94.%9389
8 SABMILLER  29500295006502.25.%3188744
9 TIGBRANDS  22695226954952.23.%597943
10 SANLAM  28892895632.23.%4087543
11 REMGRO  11694116942402.10.%635152
12 GOLDONE  44344630.68.%1486324

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New Lows
SharenameSaleLowMove% MoveVolume
1 AQUARIUS  22002174-72-3.17.%323521
2 TELKOM  30753047-2-0.06.%3005372
3 GROUP-5  24002180271.14.%206307

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Index Summary
Index NameRPMove% Move
Top 4028,165.61619.032.25%
Industrial33,642.70576.571.74%
Mid Cap41,778.31280.770.68%
Small Cap31,644.94154.980.49%
Resource 2051,081.111260.542.53%
Industrial 2528,466.55550.271.97%
Financial 158,039.76151.711.92%
Financial & Ind. 3031,354.40630.652.05%
All Share31,449.99613.101.99%
Oil & Gas 27,092.26794.483.02%
Mining 33,226.08786.272.42%
Gold Mining2,794.7518.060.65%
Platinum Mining63.191.332.15%
GENERAL MINING8,155.46239.183.02%
Oil & Gas Producers 14,567.01427.183.02%
Basic Materials 28,018.89645.002.36%
Chemicals 12,840.8354.440.43%
Forestry & Paper 11,679.077.290.06%
Industrial Metals 27,655.13776.582.89%
Industrials 27,254.79226.370.84%
General Industrials 76,588.87780.061.03%
Consumer Goods 30,166.52775.162.64%
Automobiles & Parts 3,713.71-33.97-0.91%
Household Goods149.0931.96%
Health Care 33,996.15227.260.67%
Beverages 100.812.222.25%
Index NameRPMove% Move
Food Producers 51,090.40650.841.29%
Personal Goods 438.7616.383.88%
Consumer Services 54,961.71851.241.57%
General Retailers 45,084.50496.251.11%
Travel & Leisure 3,464.69-24.02-0.69%
Media 81.412.373.00%
Support Services 2,238.45-11.07-0.49%
Telecommunications 65,119.64685.401.06%
Financials 21,484.80329.921.56%
Banks 39,682.35547.981.40%
Non-life Insurance 33,463.75-242.49-0.72%
Life Insurance 16,058.67335.662.13%
General Financial 2,156.5244.412.10%
Technology 23,498.50130.630.56%
SHARIAH TOP40 3,012.72702.38%
FTSE/JSE SHARIAH ALL3,072.40662.18%
COAL MINING22,903.891000.44%
FTSE JSE Fledgling 4,501.30220.50%
FTSE/JSE Alt X 1,119.67-3-0.23%
SA LISTED PROPERTY 387.710.31%
CAPPED PROPERTY 320.760.52%
RESOURCE 28,204.156902.51%
DIVIDEND PLUS168.6821.33%
FTSE/JSE RAFI 406,504.331271.99%
Capped Top 4014,810.893142.16%
Capped All Share15,885.233031.95%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
NEDNEDBANK GROUP LTDHOLD19 Oct
OCTOCTODEC INVESTMENTS LIMIT...SELL19 Oct
SBKSTANDARD BANK GROUP LIMIT...HOLD19 Oct
AIPADCOCK INGRAM HLGS LDHOLD19 Oct
IPFINVESTEC PROPERTY FUND LT...HOLD19 Oct
Results Expected**
ExpectedCompany NameFin. Date
25 Oct 2011SANYATIAugust 2011 (Interim)
26 Oct 2011AQUARIUSSeptember 2011 (Q)
26 Oct 2011AQUARIUSCVTSeptember 2011 (Q)
26 Oct 2011KAIROSAugust 2011 (Interim)
26 Oct 2011PSVAugust 2011 (Interim)
Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
CLICKS11-10-2012-01-2012-01-30R 0.8800
OASIS11-10-2011-11-0411-11-14R 0.4710
FAMBRANDS11-10-2011-12-0811-12-19R 0.8000
PIKWIK11-10-1911-12-0211-12-12R 0.1091
PICKNPAY11-10-1911-12-0211-12-12R 0.2250
Ex Div**
Share NameDec-DateLDTPay-DateAmount
SHFINV-PREF11-09-0611-10-2111-10-31R 3.5500
NTC PREF11-10-0311-10-2111-10-31R 3.3842
WBHO11-09-0511-10-1411-10-24R 2.2000
EOH11-09-1211-10-2111-10-31R 0.4800
PHUMELELA11-09-3011-10-1411-10-24R 0.4300
Upcoming AGMs**
CodeCompany NameDateStatus
ADIAdapt IT Holdings Ltd21/10/2011Unconfirmed
IRAInfrasors Holdings Ltd21/10/2011Confirmed
AFRAFGRI Ltd21/10/2011Confirmed
SRNSeardel Investment Corporation Ltd24/10/2011Confirmed
HCIHosken Consolidated Investments Ltd24/10/2011Confirmed
Stock Exchange News Service
DateTimeHeadline
21/10/201117:53 Quantum Property Group Limited - Acquisition Of 50% Of 15 On Orange Hotel
21/10/201117:30 Ellies Holdings Limited - No change statement and notice of Annual General
21/10/201116:34 Comair Limited - Dealing in securities by director
21/10/201116:31 Ingenuity Property Investments Limited - Trading Statement
21/10/201116:29 Pinnacle Technology Holdings Limited - Update announcement on acquisition
21/10/201116:27 Petmin Limited - Directors` dealing in securities
21/10/201116:26OML - Old Mutual Plc - Form 8.3
21/10/201116:26OML - Old Mutual Plc - Form 8.3
21/10/201116:19 Skinwell Holdings Limited - Trading update
21/10/201116:15 Petmin Limited - Dealings in securities by directors of the company
21/10/201115:56 EOH Holdings Limited - Dealings in securities by directors
21/10/201115:44 Thabex Limited - - Summarised Audited Group Results for the year ended
21/10/201115:05 The Bidvest Group Limited - Dealings in securities by directors`
21/10/201114:59 Pinnacle Technology Holdings Limited - Change statement and notice of
21/10/201114:00CLR/CLRP - Clover Industries Limited - Dealing in securities by a director and
21/10/201114:00 Country Bird Holdings Limited - No change statement and notice of
21/10/201113:37MVG/MVGP - Mvelaphanda Group Limited - Cautionary announcement
21/10/201113:28NRD - Trackhedge (Proprietary) Limited - Distribution finalisation announcement
21/10/201113:17 Murray & Roberts Holdings Limited - Business update
21/10/201112:25BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement
21/10/201112:23 AFGRI Limited - Results of the sixteenth Annual General Meeting
21/10/201112:05 MMI Holdings Limited - New Momentum Retail CEO appointed
21/10/201112:03INL/INP - Investec Limited/ Investec plc - Form 8 (DD)
21/10/201112:01INL/INP - Investec Limited/Investec plc - Form 8 (DD)
21/10/201111:58BIPINF - Bips Government Inflation Linked Bond Fund - Partial delisting
21/10/201111:38 Blue Label Telecoms Limited - Appointment of a director
21/10/201110:30 The Bidvest Group Limited - No change statement and notice of
21/10/201110:00 ZCI Limited - Change to the board of directors and responsibilities of
21/10/201109:57DEUT - Deutsche Bank AG - Notice of expiry WAVES
21/10/201109:57BIBAY - Bayport Securitisation (RF) Ltd - Listing of new financial instrument
21/10/201109:50 Resource Generation Limited - Supplementary Information
21/10/201109:50INL/INP - Investec Limited/Investec plc - Disclosure in accordance with Rule
21/10/201109:30 Premium Properties Limited - Unaudited results of the group for the six
21/10/201109:30 Octodec Investments Limited and its subsidiaries - Reviewed results of
21/10/201108:52 ConvergeNet - Trading Statement
21/10/201108:34 RBPlat - Industrial Action by Contract Miners at RBPlat`s Bafokeng
21/10/201108:00 New Europe Property Investments plc - Rights offer declaration
21/10/201108:00 Consolidated Infrastructure Group Limited - Trading Statement
21/10/201108:00DBXWD - db x-trackers MSCI World Index EFT - Listing of additional 6 000
21/10/201108:00 Blackstar Group SE - Change of nominated adviser and Broker
21/10/201107:10 British American Tobacco p.l.c - Transaction in own shares
21/10/201107:10SYN871 - Synthesis Funding Limited - New Financial Instrument Listing
21/10/201107:06 BHP Billiton Finance Limited - Publication of Prospectus
21/10/201107:05 BHP Billiton Finance Plc - Publication of Prospectus
21/10/201107:05SAL/SALD - Sallies Limited - Financial effects and withdrawal of cautionary

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