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Warrants and Share Instalments

Welcome to The Standard Bank of South Africa Limited's ("Standard Bank") Warrants website, which provides information on the warrants and share instalments issued by Standard Bank, together with general information relating to warrants and market information. Access to and use of the information provided on this website is subject to the Terms and Conditions, Privacy and Security Statement and Disclaimer.

Financial and other information relating to Standard Bank as the issuer of the warrants and share instalments as well as the terms and conditions governing the warrants and share instalments are set out in the Common Terms Document and related annexures and/or supplements. The warrants and share installments set out on this website are subject to certain selling restrictions which are documented in the Common Terms Document and related annexures and supplements. In particular warrants and share instalments may not be offered or sold within the United States of America or for the account or benefit of U.S. persons. Further restrictions may also be applicable in respect of non-residents and potential investors should ensure that they are they are familiar with all such restrictions.

New Warrant and Instalment Articles
Welcome to the Standard Bank of South Africa Limited
Market Report
Date Updated: 4/26/2016 8:19:56 AM
JSE All Share - Daily
Welcome to the Standard Bank of South Africa Limited
Index Value Move (%) Time**
Dow J. 17 774 -57 (0.3%) 2215 29 Apr
FTSE 6 255 -67 (1.1%) 1729 29 Apr
DAX 10 039 -282 (2.7%) 1745 29 Apr
H. Seng 21 067 -321 (1.5%) 1001 29 Apr
Nikkei 16 666 -624 (3.6%) 0815 28 Apr
All Ords 5 316 +27 (0.5%) 0940 28 Apr
** updated hourly

WHAT HAPPENED OVERNIGHT IN THE US:

·         S&P -0.2%, traded quiet session ahead of Weds Fed.

·         Macro data light, and corp earnings took a back seat. Yield curve steeper again, and TIPS10yr breakeven back around 6-month high.

·         Fed fund futures anchored at short-end, reflecting consensus expectations no change in rates tomorrow. But December meeting better-than-evens, suggests commentary to be a tad less dovish.

 

WHAT’S UP THIS MORNING IN THE EAST:

·         Most of region waiting for tomorrow’s Fed. But new China measures to clamp down on commodities speculation, weighing on metals.

·         Dalian iron futures -4.6% (<$63/t), limit-down along with Shanghai listed spot steel prices after new derivatives exchanges trading curbs.

·         Hong Kong -0.8%, trading around session lows. Tencent -0.1%, a bit steadier after sharp losses from last week’s high.

·         Australia -0.4%, reopen after long weekend. BHP -3.1% & Rio -3% indicating flat - waiting for Europe direction.

 

 SOUTH AFRICAN NEWS:

·         Expect AllShare -0.25%. From SA close yday, gold -$3 ($1237), plat -$3 ($1011), copper -1.1% ($2.24/lb), oil unchanged ($44.80), USDZAR -0.5% (14.45), S&P +0.4%.

·         PIK nos in line and no guidance, so presentation feedback will be key (specifically signs of food inflation since end of the period). FY hEPS +26.4% vs guided range 20%-30%, t/over +8.2% (previously reported), gross margin 17.9% - in line with ests. Only thing of interest in here is Nigeria strategy (uh-oh!) - to partner with locally-listed AG Leventis (PIK 51% ownership). Further African expansion to "continue in a deliberate, planned, and unhurried way, without putting the business under undue risk."

·         IMP: Q3 refined plat prod +17% y/y at 353k oz (9mths +12%), driven by Zimplats. FY guidance 1.42m oz (at unit cost R22,500).

·         BTI: Q1 revs at const ccy +7.5% vs ests +5%, volumes from subsidiaries +3.6% vs ests +1%.

·         RDF: H1 NAV 40.9p, div 1.625p.

 

TODAYS KEY DATA POINTS:

·         2.30pm: US March Durables (+1.9%)

·         3pm: US Feb Case-Shiller House Prices

·         3.45pm: US April Markit PMI Services first read (52)

·         4pm: US April Consumer Confidence

 

 

 


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Standard Bank Warrants and Share Instalment News
BTISTE - SCIB: Issue of share instalments - BTISTE - 4/28/2016 11:00:00 AM
BTISTD - SCIB: Notice of expiry of Standard Bank share instalments - MTNSTJ/BTIS - 4/28/2016 9:30:00 AM
TOPSBQ - SCIB: The Standard Bank Of South Africa - Issue Of Stock Warrants. - 4/26/2016 9:45:00 AM
TOPSKI - SCIB: The Standard Bank of South Africa Limited -Issue of Knockout! War - 4/18/2016 1:15:00 PM
FSRSBX - SCIB: The Standard Bank of South Africa Limited - Issue of stock warran - 4/18/2016 9:35:00 AM

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