header
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: 2015/05/21 08:27:33 AM
JSE All Share - Daily
Welcome to the Standard Bank of South Africa Limited
Index Value Move (%) Time**
Dow J. 18 232 -54 (0.3%) 2213 22 May
FTSE 7 039 +26 (0.4%) 1729 22 May
DAX 11 815 -50 (0.4%) 1745 22 May
H. Seng 27 993 +469 (1.7%) 1001 22 May
Nikkei 20 264 +62 (0.3%) 0828 22 May
All Ords 5 668 +5 (0.1%) 0940 21 May
** updated hourly

WHAT HAPPENED OVERNIGHT IN THE US:

·         S&P -0.1%, again hugged record, closed just short.

·         Dollar nudged another 2-week high, taking edge off exporter feel-good.

·         But commodities stood firm; gold held 100 & 200dma (which has converged around $1210).

·         Oil climbed off 4-week low with help from DOE draw. That stopped the rot for producers, but airlines/trucking/consumer all back-foot.

·         Fed minutes added little; 2yr -3bps at 0.589% on a “range of views” about the right time to hike. “Many [members] thought it unlikely ….June [data] would provide sufficient confirmation”.

 

WHAT’S UP THIS MORNING IN THE EAST:

·         China +1.3% & Japan both new 7yr highs, but Hong Kong -0.3% continues to drift (Tencent -1.4% back to middle of 2-month range).

·         Hanergy remains suspended (after yesterday’s 47% share price drop, triggered by absence of chairman from AGM & SFC probe). So far, no big corp governance spill-over fears for other HK listed cos – market has seen this before – and fallout remains limited to Hanergy investors (eg US-listed Guggenheim Solar ETF -8%).

·         China May prelim PMI Manuf 49.1 up from April’s 48.9. That’s been enough to stop recent fade in copper & iron ore. Dalian futures +3% indicate spot iron ore back above $58 today.

·         Australia +0.9%, mainly resources. Iron plays bouncing (Fortescue +2% vs prior 2 days -10%), but diversifieds doing index heavy-lifting. BHP +1.4% & Rio +1.5% indicate London +2% (S32 +1.3% indicates +4%).

 

SOUTH AFRICAN NEWS:

·         Expect AllShare unchanged. From SA close yesterday, gold +$2 ($1212), plat unchanged ($1157), copper +0.5% ($2.84/lb), oil +0.4% ($65.20), USDZAR -0.2% (11.84), S&P -0.1%.

·         MDC: FY basic norm hEPS +9% vs guided range 8%-10% - looks like Swiss margin compression the reason for last week’s badly-taken update. Stock price has recovered since then, so expect stock to open lower.

·         INP: FY nos largely as guided in pre-close statement, though recurring income 71.9% of total operating vs guidance “approx 76%”, but impairments -38.8% vs guidance -17%. 3rd party AUM £124bn vs guidance £123bn.  

·         TSH: FY adj hEPS -1%, EBITDAR unchanged at R4.2bn, div unchanged at 60c.

·         AFT: FY hEPS +24.4% top-end of guided range 15%-25%, thanks to “increased focus on reducing sales volume of low-margin” (revs +5%).

·         SSK: FY EPS from cont ops +69% vs guided range 55%-75%.

 

TODAYS KEY DATA POINTS:

·         7am+: SA earnings (NIV), Europe earnings (Royal Mail, etc)

·         9am: France May Markit PMI first read (Manuf 48.5, Serv 51.9)

·         9.30am: Germany May Markit PMI first read (Manuf 52, Serv 53.9)

·         10.30am: UK April Retail Sales (+0.2% m/m)

·         2.30pm: US initial jobless (270k)

·         3pm: SARB announces rates (unchanged at 5.75%)

·         3.45pm: US May Markit PMI first read (Manuf 54.5)

·         4pm: US April Existing Home Sales

 


Subscribe to get the daily market report in your inbox everyday.
Email address:  
Standard Bank Warrants and Share Instalment News
PPCSTJ - SCIB: Dividend announcement in relation to the PPC share - PPCSTJ - 2015/05/22 04:59:00 PM
RDFSTE - SCIB: Announcement correction- RDFSTE - Retract announcement sent out a - 2015/05/19 01:10:00 PM
RDFSTE - CANCELLATION OF S357469 SCIB: The Standard Bank Of South Africa Limited - 2015/05/19 01:09:59 PM
BILSTL - SCIB: Adjustments to the T's & C's of the Billiton PLC Share Instalm - - 2015/05/19 11:00:00 AM
BILSBJ - SCIB: Adjustments to the T's & C's of the BHP Billiton PLC Warrants - 2015/05/19 10:45:00 AM

more