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Hoping for a bounce back soon, now that Glaxo has completed their partial sale of APN stock.

GSK completes sale of Aspen shares

But what about that LT trade of 9,940,000 @250  ??

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Act”), and section
3.83(b) of the JSE Listings Requirements, holders of ordinary shares in the Company are advised
that:

Glaxo Group Limited (“GSK”), has disposed of Aspen Holdings ordinary shares, such that its
beneficial interests in Aspen Holdings now amounts to 12.4% of the total number of shares in
issue.



Last 10 Trades of the day

Date                PDT     Price     Volume

20/11 17:50   LT   25000   9,940,000

20/11 17:48   OP   25743   308

20/11 17:45   OP   25716   79,122

20/11 17:44   OP   25692   1,000,000

20/11 17:37   OP   25652   350,000

20/11 17:00   OCP   25700   0

20/11 17:00   AT   25700   138,022

20/11 16:49   AT   25699   100

20/11 16:49   AT   25699   466

20/11 16:49   AT   25699   89

Source = Nasdaq

Looks like the partial gov. shutdown had zero effect on cosumer spending.

October retail sales ticked up 0.4% while the Briefing.com consensus expected an uptick of 0.1%. The prior month's reading was revised to reflect no change (from -0.1%). Excluding autos, retail sales increased 0.2% against the expectations of a 0.1% rise. Last month's reading was revised down to indicate growth of 0.3% (from +0.4%).

Separately, October consumer prices slipped 0.1% while the Briefing.com consensus expected no change. Core prices increased 0.1%, below the 0.2% expected by the Briefing.com consensus.

11/20/2013 8:00:51 AM ET
 [BRIEFING.COM] S&P futures vs fair value: -1.30. Nasdaq futures vs fair value: +0.20. The S&P 500 futures trade one point below fair value amid cautious overseas action.

Reviewing overnight developments:
Asian markets ended on a mixed note. Hong Kong's Hang Seng +0.2%, China's Shanghai Composite +0.6%, and Japan's Nikkei -0.3%.
In regional economic data:
Japan's trade deficit widened to JPY1.09 trillion from JPY932 billion (JPY814 billion expected) as exports grew 18.6% year-over-year (16.5% forecast, 11.5% prior) and imports increased 26.1% year-over-year (19.0% consensus, 16.5% last). Meanwhile, the adjusted trade balance narrowed to JPY1.07 trillion from JPY1.13 trillion (JPY0.88 trillion forecast). Also of note, the All Industries Activity Index ticked up 0.4% month-over-month (0.5% prior, 0.3% last).
Australia's MI Leading Index came in at 0.1% (-0.1% last).
New Zealand's input PPI rose 2.2% quarter-over-quarter (0.5% forecast, 0.6% last) while output PPI increased 2.4% quarter-over-quarter (1.0% expected, 1.0% prior).
Looking at news:
Japan's trade deficit was among the worst on record as larger-than-expected energy imports outweighed the benefit of increased exports.
Major European indices hover near their lows. Germany's DAX -0.2%, Great Britain's FTSE -0.4%, and France's CAC -0.4%. Elsewhere, Italy's MIB -0.6% and Spain's IBEX -1.1%.
Economic data was limited:
Germany's PPI slipped 0.2% month-over-month (0.1% expected, 0.3% prior) while the year-over-year reading fell 0.7% (-0.6% expected, -0.5% last).
Spain's trade deficit widened to EUR2.59 billion from EUR1.80 billion (-EUR2.50 billion expected).
Swiss ZEW Expectations improved to 31.6 from 24.9 (30.0 forecast).
In news:
German Chancellor Angela Merkel said her party hopes to finish coalition talks in the middle of next weeks.

Another one from Moneyweb.

Has Coronation gotten too big?

(Si Señor, it ees beeg) - but not in Mexico. 

SENS ..

Shareholders are advised that Foord Asset Management (Pty) Ltd, on behalf of its clients, have acquired a beneficial
interest in Coronation ordinary shares, such that the total of all interests of Coronation ordinary shares held by
Foord Asset Management (Pty) Ltd, on behalf of its clients, are now 5.03% of the total issued Coronation ordinary
shares.

Cape Town
19 November 2013

Quote from: Moonraker on November 16, 2013, 09:08:51 am

The inclusion of trade data for Swaziland, Botswana, Lesotho and Namibia (SACU member countries), has almost halved the
trade deficit, which includes the current account deficit. The timing is a mystery; why only now ?

Some see window-dressing in S. Africa data changes

Anyway that, and Janet Yellen are the reasons for the stronger Rand these past couple of days.

You think the rand will increase in value or even plateau at this point in this year?When will it start to steadily strengthen?Hard to speculate ,right.Not even 24 hours after your comment the rand took a little dip after its peak.

Have a look at Sudden and severe tapering by the US Fed could crash the rand by Magnus Heystek
We will see a weaker Rand in 2014 - anything between 10.50 to 12.00 to the US$ depending on whether tapering is mild or severe.
I agree with Heystek on that. However I don't fully agree with his comments on listed property, due to the 7% average consensus prognosis
of distribution increases in 2014 (unlike with bonds where your yield is fixed). Maybe a 20% max. decline is what one could expect.
You should be in rand hedge stocks.
If you are living in, what was it, S. Korea ? - why bother with our market ?

The inclusion of trade data for Swaziland, Botswana, Lesotho and Namibia (SACU member countries), has almost halved the
trade deficit, which includes the current account deficit. The timing is a mystery; why only now ?

Some see window-dressing in S. Africa data changes

Anyway that, and Janet Yellen are the reasons for the stronger Rand these past couple of days.

The DA in crisis Part 1

Now you will know why the future for non-blacks, and the economy in general, looks very bleak indeed.

and Part 2..

The DA: How did we get here? (II)