Business

IN BRIEF
OTK rebuys 15,7m shares JOHANNESBURG -- Agri services group OTK Holdings has repurchased 15,7 million shares, equivalent to 4,53%, of the company's issued share capital. "The share repurchase programme is value enhancing for shareholders," said ...

SA declared free of foot-and-mouth
CAPE TOWN -- South Africa has been declared a foot-and-mouth disease (FMD) free country and farmers could from yesterday resume the export of meats and other animal products to anywhere in the world. Agriculture Minister Thoko Didiza told the Nat...

GOLD
NEW YORK -- Selected gold prices (in US dollars per troy ounce) yesterday: Hong Kong: 327.55; London: 325.00; Paris: 325.54; Zurich: 324.85. -- Sapa-AP Eastern Cape...

NEW HIGHS and LOWS
NEW HIGHS PRICEPREV W AREAS 40003900 HLH 840826 MEDCLIN 815811 MR PRICE 569545 PETMIN 501500 BRIDGESTN198195 SPURCORP 290285 MASSMART 15251500 IB GFI P78878 NEW LOWS PRICEPREV COMPAREX 820850 PROPER 3050 SB AGL C734 IB SOL C42426 SG SOL...

Rate hike still on cards despite trade surplus
JOHANNESBURG -- South Africa still faced a one percent interest rate hike in June despite a slightly better than expected trade surplus of R3,8 billion for April, Absa's senior treasury economist Christopher Hart said yesterday. The surplus was w...

JSE SECURITIES EXCHANGE at the close Use your computer to receive JSE prices, futures, graphs and more. Details an accuracy queries: Sharenet: (021) 710 5700. See our internet site at http://www.sharenet.co.za
MINING COAL CENTURY4SUS WANKIE6 DIAMONDS AFGEM165-5 TRNSHEX1900-35 GOLD ANGGOLD62900-1400 ARMGOLD5550+75 AVGOLD908-22 DBNDP-BO70+10 DBN-DEEP5000-50 EERSLNG35 GFIELDS12950-970 HARW11200-1700 HARMONY15400-700 PETRA450-20 PSGOLD28-1 SIMMERS30 AFR-LEA...

MAJOR MOVEMENTS
DAILY TOP 10 UP BRNWARE21+ 100,0 IB GFI P54519+ 73,1 HERCOL 83+ 60,0 DB OML P6145+ 55,6 SB ANG P5155+ 50,0 SB RCH C3175+ 41,7 DECTRONIC72+ 40,0 CCG 72+ 40,0 SABVEST22060+ 37,5 NAMSEA 113+ 37,5 WEEKLY TOP 10 UP KAIROS 42+ 100,0 BRNWARE2...

Gold mine denies report of cut in production
JOHANNESBURG -- Gold miner Durban Roodepoort Deep chairman and CEO Mark Wellesley-Wood yesterday rejected reports which began circulating this week that the company was set to lose over 40% of its refined gold production this year due to the exhau...

Brighter outlook for economy as rand recovers
JOHANNESBURG -- A proposed 16c reduction in the fuel price was an indication that the rand's recovery was helping to combat rampant inflation, the chief economist at Sanlam Investment Management, Jac Laubscher, said yesterday. "However, we are wa...

RATES OF EXCHANGE
JOHANNESBURG -- Yesterday's closing exchange rates, as supplied by Standard Bank: (R/, R/US$ and R/Irish punt, other rates per rand.) BRITISH STERLING14.5940 EURO9.3647 UNITED STATES DOL9.8825 ARAB EMIRATES DIR0.3447 AUSTRALIAN DOLLAR0.1686 BOTSWA...

SHIPPING
In port last night: Barrier at F. Arrived yesterday: Nil. Sailed yesterday: P&O Nedlloyd Kowie Due today: Nil. Eastern Cape   South Africa   Foreign   Business &...

Gold index slides again
JOHANNESBURG -- The market ended mixed yesterday, with strong gains in the large cap industrials, up 1,6%, and the industrial index up 1,3% as JD Group and Nampak enjoyed big gains. Despite the steady bullion, the gold index slid for a second da...

HARD TIMES:
Japanese office workers cross an intersection in the business district of Tokyo yesterday. Japan's unemployment rate remained unchanged at 5,2% in April, the eighth straight month the rate has hovered above 5%, as signs of a healing economy faile...

UNIT TRUSTS
JOHANNESBURG - Yesterday's quotations for Mutual Funds were: FUND NAMEBUYSELL ABSA Fund Managers: Aggressive FoF139,91133,60 Balanced A153,81144,36 Balanced R153,88144,43 Bond A101,91100,45 Fincl&Ind Index100,8794,67 Flexible114,73107,68 Gene...