02 September 2014 www.privatewealth.sanlam.co.za INDEX PTS % INDEX / COMMODITY PTS % DOW JONES closed for public holiday JSE ALL SHARE 51114 155 0.30 S&P 500 closed for public holiday JSE RESOURCES 56157-240 -0.43 NASDAQ COMPOSITE closed for public holiday JSE FINANCIALS 14715 53 0.36 FTSE 100 6825 6 0.08 JSE INDUSTRIALS 59752 368 0.62 NIKKEI 225 15688 212 1.37 GOLD AT 07H00 1286-2 -0.14 VIX VOLATILITY INDEX closed for public holiday PLATINUM AT 07H00 1424 0 0.02 US EQUITIES All US markets were closed on Monday in observance of the Labour Day holiday. EUROPEAN AND ASIAN EQUITIES European markets advanced despite the conflict in Ukraine, focusing on whether the European Central Bank will announce plans for economic stimulus when it meets this week. Ukraine reported its forces were under fire from Russian tanks again on Monday, as new signs emerged that the turmoil was damaging the European economy. Manufacturing output in the euro-zone grew at its slowest pace in more than a year and factories reported falling orders as weakness showed up in most corners of the region. The FTSE 100 index and German DAX advanced 0.1% while France s CAC closed flat. Asian markets are trading mixed this morning. A report revealed that combined deposits of four of the biggest banks in China dropped CNY450bn last month. The Nikkei index is trading 1.3% higher, while the Hang Seng Index is trading 0.5% lower. 1
CURRENCIES The South African rand weakened against the US dollar yesterday, as the safe haven dollar remained supported on the back of persistent geopolitical tensions in the Eastern Europe. Investors are expected to track US manufacturing activity data to be released later today for further direction. This morning the US dollar and the euro are trading 0.3% and 0.2% higher against the South African rand at R10.70 and R14.04, respectively. COMMODITIES Brent crude oil rose 0.3% to trade at $101.63/barrel. Gold prices declined 0.3% to trade at $1281.97/oz, while copper declined 0.6% after official data indicated that manufacturing activity in China slowed in August. JSE The JSE closed firmer on Monday after all the major indices, barring platinum and resource counters, gained ground. Gains were limited by concerns that local stocks are overheated after a series of record highs, coupled with lacklustre growth in Africa s most developed economy. The benchmark Top-40 index finished 0.27% higher, while the All-Share index added 0.30%. Both indices have repeatedly hit record levels this year. Diversified industrial group Bidvest, which is the country s second biggest company by sales, took the lead as the best performing stock after announcing that it was eyeing a separate London listing for its international food business to tap into cheaper funding. Impala Platinum, the world s number two platinum producer was the market laggard, extending declines since late-august when it reported disappointing annual results and said it expected to lose 140 000 ounces of platinum production in the first half of next year as it struggled to ramp up production to prestrike levels. Other big gainers included cement maker PPC, whose shares jumped 2.69% and fixed line operator Telkom, which closed 2.31% higher. The yield on benchmark government bonds rose yesterday. The yield on 2015 bond rose to 6.6% while that for the longer-dated 2026 issue advanced to 8.0%. JSE TODAY We expect a soft start to our local session with Asian markets mixed and the US market closed for Labour Day on Monday. QUOTE OF THE DAY Most people see success as being rich and famous or powerful and influential. Others see it as being at the top of their profession and standing out from the rest - Anonymous 2
KEY INDICATORS 01/02 September 2014 LAST PREV CLOSE CHG. CHG. CLOSE PREV YEAR YTD CHG. YTD CHG. PE Mean PE PTS. % % LAST 12 % US $ RATIO LOCAL MTHS DOW JONES 17098 17098 0 0.00 16577 3.1 3.1 reference S&P 500 2003 2003 0 0.00 1848 8.4 8.4 reference NASDAQ 4580 4580 0 0.00 4177 9.7 9.7 reference MSCI WORLD $ 1748 1749 0-0.02 1661 5.3 5.3 FTSE 100 6825 6820 6 0.08 6749 1.1 1.4 17.1 reference FRANKFURT DAX 9479 9470 9 0.09 9552-0.8-5.6 17.5 reference NIKKEI 225 15688 15477 212 1.37 16291-3.7-2.7 reference HANG SENG 24614 24752-138 -0.56 23306 5.6 5.6 10.8 reference AUSTRALIA ALL ORDINARIES 5648 5629 19 0.34 5353 5.5 10.4 21.3 JSE ALL SHARE 51114 50959 155 0.30 46256 10.5 8.6 17.8 18.1 JSE RESOURCES 20 56157 56397-240 -0.43 51006 10.1 8.2 14.4 16.6 JSE FINANCIALS 15 14715 14661 53 0.36 12745 15.4 13.4 15.4 14.3 JSE INDUSTRIALS 25 59752 59384 368 0.62 54482 9.7 7.8 22.2 22.3 GOLD PRICE $/OZ 1 286 1 288-1.82-0.14 1205.65 6.7 PLATINUM PRICE $/PZ 1 424 1 424 0.35 0.02 1369.45 4.0 BRENT CRUDE OIL $/BARREL 101.58 101.37 0.210 0.21 110.82-8.3 RAND/$ 10.71 10.68 0.028 0.26 10.521-1.8 RAND/ 17.76 17.73 0.028 0.16 17.367-2.2 RAND/ 14.05 14.03 0.023 0.16 14.512 3.2 $/ 1.31 1.31-0.001-0.08 1.379 4.9 3
ALL SHARE TOP 40 INDEX - DAY'S MOVES (AND YEAR TO DATE) SHARE LAST PREV. CH. YTD CH. SHARE LAST PREV. CH. YTD CH. ANGLO AMERICAN PLC 26919 26891 0.1% 17.6% KUMBA IRON ORE LTD 31950 31850 0.3% -28.0% ANGLO AMERICAN PLAT LTD 43685 44310-1.4% 10.9% LIFE HEALTHC GRP HLDGS L 4486 4478 0.2% 7.2% ANGLOGOLD ASHANTI LTD 18175 18105 0.4% 47.9% MEDICLINIC INTERNAT LTD 9350 9248 1.1% 23.0% ASPEN PHARMACARE HLDGS L 31036 30565 1.5% 15.5% MONDI LTD 17907 18130-1.2% -0.4% AFRICAN RAINBOW MIN LTD 18050 18165-0.6% -4.5% MONDI PLC 17924 18149-1.2% -1.1% ASSORE LTD 31626 31474 0.5% -7.1% MTN GROUP LTD 24209 24104 0.4% 11.6% BARCLAYS AFRICA (ABSA) 16750 16658 0.6% 26.7% NEDCOR 23075 22870 0.9% 9.9% BHP BILLITON PLC 33102 33450-1.0% 2.2% NASPERS LTD -N- 136367 135552 0.6% 24.4% BRITISH AMERICAN TOB PLC 63000 62602 0.6% 12.5% OLD MUTUAL PLC 3522 3500 0.6% 7.4% BIDVEST LTD 28834 28132 2.5% 7.4% REINET INV SOC ANON 2544 2540 0.2% 26.0% CAPITAL&COUNTIES PROP PL 5912 5900 0.2% 4.6% REMGRO LTD 24350 24350 0.0% 17.2% COMPAGNIE FIN RICHEMONT 10240 10149 0.9% -2.1% RMB HOLDINGS LTD 5652 5598 1.0% 16.9% DISCOVERY 9880 9815 0.7% 16.9% SABMILLER PLC 58812 58385 0.7% 10.4% EXXARO RESOURCES LTD 15060 15088-0.2% 2.8% STANDARD 13793 13800-0.1% 6.6% FIRSTRAND 4350 4325 0.6% 21.2% STEINHOFF INT HLDGS LTD 5319 5251 1.3% 17.9% GROWTHPOINT PROP LTD 2516 2520-0.2% 3.6% SHOPRITE HOLDINGS LTD 14632 14745-0.8% -10.8% IMPALA PLATINUM HLGS LTD 9440 9625-1.9% -23.3% SANLAM 6542 6600-0.9% 22.9% INVESTEC LTD 9715 9620 1.0% 30.4% SASOL LIMITED 61998 61828 0.3% 20.5% INVESTEC PLC 9700 9616 0.9% 28.4% TIGER BRANDS LTD 30776 30700 0.2% 15.3% IMPERIAL HOLDINGS LTD 18904 19020-0.6% -6.7% VODACOM GROUP LTD 12849 12835 0.1% -3.4% INTU PROPERTIES PLC 6092 6015 1.3% 11.7% WOOLWORTHS HOLDINGS LTD 7916 7946-0.4% 6.0% 4
MID CAP INDEX - DAY'S MOVES (AND YEAR TO DATE) PREV. PREV. SHARE LAST CH. YTD CH. SHARE LAST CH. YTD CH. ARCELORMITTAL SA LIMITED 3985 3936 1.2% 6.8% NORTHAM PLATINUM LTD 4271 4270 0.0% 1.7% AVENG GROUP LIMITED 2250 2284-1.5% -14.9% NAMPAK LTD 4300 4265 0.8% 4.9% AECI LIMITED 12059 12300-2.0% -3.5% NETCARE LIMITED 3250 3230 0.6% 24.9% ADCOCK INGRAM HLDGS LTD 5137 5160-0.4% -27.5% OCEANA GROUP LTD 7842 7833 0.1% -4.4% ALLIED ELECTRONICS CORP 2600 2599 0.0% 9.5% OMNIA HOLDINGS LTD 22680 22625 0.2% 12.3% ALLIED ELEC CORP PREF 2650 2556 3.7% 10.4% PIONEER FOODS GROUP LTD 11930 11817 1.0% 30.0% ATTACQ LIMITED 1838 1849-0.6% 3.3% PIK N PAY STORES LTD 5700 5650 0.9% 9.6% AVI LTD 6113 6097 0.3% 6.5% PPC LIMITED 3400 3311 2.7% 8.3% BRAIT SE 7910 7921-0.1% 50.8% PSG GROUP LTD 9500 9328 1.8% 10.9% BARLOWORLD LTD 10190 10136 0.5% 1.9% ROYAL BAFOKENG PLATINUM 7280 7300-0.3% 23.4% CLICKS GROUP LTD 7015 6915 1.4% 11.7% RCL FOODS LIMITED 1600 1590 0.6% -8.6% CORONATION 10093 10000 0.9% 26.2% REDEFINE PROPERTIES LTD 965 956 0.9% -0.9% CAPITAL PROPERTY FUND LT 1200 1195 0.4% 10.4% RESILIENT PROP INC FUND 7100 7030 1.0% 27.9% CAPITEC/PSG 21500 21205 1.4% 3.2% REUNERT LTD 6551 6600-0.7% -4.4% DATATEC LTD 5385 5375 0.2% 4.0% RAND MERCHANT INS HLDGS 3370 3370 0.0% 22.8% EOH HOLDINGS LTD 9542 9400 1.5% 18.5% REDEFINE INTERNATIONAL P 930 928 0.2% -9.2% FOUNTAINHEAD PROP TRUST 791 782 1.2% 6.9% SA CORP REAL ESTATE FUND 425 424 0.2% 6.5% GOLD FIELDS LTD 5075 5041 0.7% 54.3% SAPPI LTD 4420 4400 0.5% 35.0% GRINDROD LTD 2470 2476-0.2% -11.9% SIBANYE GOLD LIMITED 2516 2507 0.4% 104.6% HARMONY GM CO LTD 3254 3223 1.0% 25.6% SANTAM 21890 22000-0.5% 17.5% HOSKEN CONS INV LTD 16850 16806 0.3% 20.4% THE SPAR GROUP LTD 13148 13037 0.9% 0.0% HYPROP INV LTD 8700 8635 0.8% 13.7% SUN INTERNATIONAL LTD 11540 11700-1.4% 21.1% ILLOVO SUGAR LTD 2894 2900-0.2% 3.9% THE FOSCHINI GROUP LIMIT 11690 11512 1.5% 22.1% KAP INDUSTRIAL HLDGS LTD 425 425 0.0% 23.2% TELKOM SA SOC LTD 5847 5715 2.3% 108.8% LIBERTY 13037 13058-0.2% 7.2% TONGAAT HULETT LTD 17400 17062 2.0% 53.0% LONMIN PLC 4120 4046 1.8% -22.7% TRENCOR LTD 7297 7300 0.0% 5.8% MMI HOLDINGS 2786 2749 1.3% 10.1% TRUWORTHS INT LTD 7442 7440 0.0% -3.0% MR PRICE GROUP LTD 20721 20470 1.2% 26.5% TSOGO SUN HOLDINGS LTD 2660 2655 0.2% 0.0% MASSMART HOLDINGS LTD 13078 13077 0.0% 0.6% VUKILE PROPERTY FUND LTD 1684 1671 0.8% -0.4% MURRAY & ROBERTS HLDGS 2620 2639-0.7% -2.3% WILSON BAYLY HLM-OVC LTD 13838 13838 0.0% -5.2% NEW EUROPE PROP INV PLC 10649 10684-0.3% 31.5% 5
SMALL CAP INDEX - DAY'S MOVES (AND YEAR TO DATE) SHARE LAST PREV. CH. YTD CH. SHARE LAST PREV. CH. YTD CH. ACUCAP PROPERTIES LTD 4730 4699 0.7% 8.5% GROUP FIVE LTD 4066 4075-0.2% 0.3% ADVTECH LTD 830 801 3.6% 26.3% HUDACO INDUSTRIES LTD 9362 9350 0.1% -10.8% ADCORP HOLDINGS LIMITED 3350 3320 0.9% 3.1% HOSPITALITY PROP FUND A 1600 1650-3.0% -3.2% AFRIMAT LIMITED 1630 1647-1.0% 30.4% HOSPITALITY PROP FUND B 385 385 0.0% -26.7% AFRICAN OXYGEN LIMITED 1847 1800 2.6% -16.0% HOLDSPORT LIMITED 4218 4399-4.1% -6.8% ASCENSION PROP LTD A 490 490 0.0% 10.1% HOWDEN AFRICA HLDGS LTD 4300 4340-0.9% -4.4% ASCENSION PROP LTD B 255 255 0.0% 2.0% INVESTEC PROPERTY FUND L 1550 1550 0.0% 7.6% AQUARIUS PLATINUM LTD 429 432-0.7% 10.8% INVICTA HOLDINGS LTD 10700 10710-0.1% -13.6% ASTRAL FOODS LTD 14140 14300-1.1% 36.0% JSE LTD 10250 10133 1.2% 14.2% ASCENDIS HEALTH LTD 1645 1650-0.3% 51.6% LEWIS GROUP LTD 6025 6000 0.4% -15.0% ARROWHEAD PROPERTIES A 768 780-1.5% 11.1% METROFILE 488 480 1.7% 4.3% ARROWHEAD PROPERTIES B 767 780-1.7% 12.1% MPACT LIMITED 3585 3525 1.7% 33.3% BUSINESS CONNEXION GRP L 640 649-1.4% 16.6% METAIR INVESTMENTS LTD 3495 3500-0.1% -11.7% BELL EQUIPMENT LTD 1400 1448-3.3% -30.0% NIVEUS INVESTMENTS LTD 2950 2950 0.0% 47.5% BLUE LABEL TELECOMS LTD 877 890-1.5% 3.2% NET 1 UEPS TECH INC 13200 13999-5.7% 47.9% BRIMSTONE INV CORP LTD-N 1595 1580 0.9% 13.9% OCTODEC INVEST LTD 2180 2106 3.5% 13.0% CONS INFRASTRUCTURE GRP 3165 3126 1.2% 38.8% PAN AFRICAN RESOURCE PLC 253 251 0.8% 12.9% CITY LODGE HOTELS LTD 12200 12400-1.6% -12.6% PALLINGHURST RES LTD 446 460-3.0% 54.9% CLIENTELE LTD 1700 1745-2.6% 25.5% PEREGRINE HOLDINGS LIMIT 2257 2286-1.3% 35.8% CLOVER INDUSTRIES LTD 1834 1836-0.1% 0.8% PREMIUM PROPERTIES LTD 1929 1905 1.3% 9.9% CURRO HOLDINGS LIMITED 2580 2589-0.3% -7.2% PINNACLE HLDGS LTD 1392 1350 3.1% -39.9% CASHBUILD LTD 12995 13219-1.7% -16.2% RAUBEX GROUP LTD 2435 2420 0.6% 12.0% CAPEVIN HOLDINGS LTD 845 855-1.2% 1.2% REBOSIS PROPERTY FUND LT 1140 1095 4.1% -4.8% DELTA PROPERTY FUND LTD 775 785-1.3% -10.4% SUPER GROUP LTD 3129 3125 0.1% 19.7% ELLIES 209 214-2.3% -62.4% STEFANUTI STCK HLDGS LTD 900 900 0.0% -13.5% EMIRA PROPERTY FUND 1507 1510-0.2% 5.4% SPUR CORPORATION LTD 2975 2950 0.8% -0.8% EQSTRA HOLDINGS LTD 633 635-0.3% -20.9% TRANSACTION CAPITAL 647 645 0.3% 17.0% FAMOUS BRANDS LTD 9800 9885-0.9% 2.3% TIMES MEDIA GROUP LTD 2000 2000 0.0% -4.8% FORTRESS INC FUND LTD A 1610 1648-2.3% 9.5% ZEDER INV LTD 570 580-1.7% 32.6% FINBOND GROUP LTD 276 281-1.8% -8.0% GRAND PARADE INV LTD 655 635 3.1% 38.2% 6
BANK & OTHER PREFERENCE SHARES INVESTEC INVESTEC INVESTEC STANDARD FIRSTRAND AFRICAN NEDBANK BANK LIMITED PLC ( ) ** BANK BANK ABSA BANK Share code NBKP INLP INPR INPP SBPP FSRP ABSP ABLP Issue price c ( * ' p) 1000 10000 10450 1000 10000 10000 100000 10000 Yield on issue price as % of prime 83.33 83.33 77.77 77.77 75.56 70 76.67 Prime % ( ** UK Base rate) 9.25 9.25 9.25 0.5 ** 9.25 9.25 9.25 9.25 Yield on issue price % 7.71 7.71 7.19 1.50 7.19 6.99 6.48 7.09 Annual dividend 77.1 770.8 751.7 15.0 719.4 698.9 6475.0 709.2 Current market price c 1014 9180 8550 525 9200 9300 89700 780 Approximate days of dividend accrued 173 88 88 88 158 200 158 88 Approximate dividend accrued c 37 186 181 4 311 383 2803 171 Calculated ex-dividend price 977 8994 8369 521 8889 8917 86897 609 Yield on calculated ex-dividend price 7.89 8.57 8.98 2.88 8.09 7.84 7.45 116.45 Yield as % of prime 85.25 92.65 97.11 87.49 84.74 80.56 1258.92 Last dividend amount c 37.3 360.15 329.16 107.50 317.59 333.09 3134.70 322.00 LDT 13-Mar-14 6-Jun-14 6-Jun-14 6-Jun-14 28-Mar-14 14-Feb-14 28-Mar-14 6-Jun-14 Payment date 24-Mar-14 24-Jun-14 24-Jun-14 24-Jun-14 7-Apr-14 24-Feb-14 7-Apr-14 17-Jun-14 Approx. next LDT date 23-Aug-14 29-Nov-14 29-Nov-14 29-Nov-14 30-Aug-14 16-Aug-14 6-Sep-14 29-Nov-14 Approx. next payment date 2-Sep-14 17-Dec-14 17-Dec-14 17-Dec-14 9-Sep-14 26-Aug-14 16-Sep-14 9-Dec-14 ** UK Base rate 7
BANK & OTHER PREFERENCE SHARES IMPERIAL HOLDINGS PSG CAPITEC SASFIN STEINHOFF GRINDROD NETCARE ASTRAPAK Share code IPLP PGFP CPIP SFNP SHFF GNDP NTCP APKP Issue price c 10300 10000 9500 10300 10000 10000 10000 10000 Yield on issue price as % of prime 83.33 83.33 87.72 83.33 83.33 88.89 83.33 88.89 Prime % 9.25 9.25 9.25 9.25 9.25 9.25 9.25 9.25 Yield on issue price % 7.71 7.71 8.114 7.71 7.71 8.22 7.71 8.22 Annual dividend 793.9 770.8 770.8 793.9 770.8 822.2 770.8 822.2 Current market price c 8700 8300 8580 8402 8485 9505 9080 7220 Approximate days of dividend accrued 166 166 166 158 145 173 125 132 Approximate dividend accrued c 361 351 351 344 306 390 264 297 Calculated ex-dividend price 8339 7949 8229 8058 8179 9115 8816 6923 Yield on calculated ex-dividend price 9.52 9.70 9.37 9.85 9.42 9.02 8.74 11.88 Yield as % of prime 102.93 104.82 101.26 106.51 101.89 97.52 94.52 128.40 Last dividend amount c 338.43 334.73 336.58 340.27 380.00 379.00 349.66 351.12 LDT 20-Mar-14 20-Mar-14 20-Mar-14 28-Mar-14 10-Apr-14 13-Mar-14 30-Apr-14 23-Apr-14 Payment date 2-Apr-14 31-Mar-14 31-Mar-14 7-Apr-14 22-Apr-14 24-Mar-14 12-May-14 5-May-14 Approx. next LDT date 19-Sep-14 13-Sep-14 13-Sep-14 27-Sep-14 18-Oct-14 19-Sep-14 25-Oct-14 18-Oct-14 Approx. next payment date 30-Sep-14 23-Sep-14 23-Sep-14 7-Oct-14 28-Oct-14 30-Sep-14 4-Nov-14 28-Oct-14 8
BANK & OTHER PREFERENCE SHARES DISCOVER Y BRAIT INVICTA Share code DSBP BATP IVTP Issue price c 10300 10000 10400 Yield on issue price as % of prime 100 104 102.00 Prime % 9.25 9.25 9.25 Yield on issue price % 9.25 9.62 9.44 Annual dividend 952.8 962.0 981.2 Current market price c 11405 10820 10625 Approximate days of dividend accrued 179 82 284 Approximate dividend accrued c 467 216 763 Calculated ex-dividend price 10938 10604 9862 Yield on calculated ex-dividend price 8.71 9.07 9.95 Yield as % of prime 94.17 98.08 107.57 Last dividend amount c 428.49 449.34 463.19 LDT 7-Mar-14 12-Jun-14 22-Nov-13 Payment date 17-Mar-14 23-Jun-14 2-Dec-13 Approx. next LDT date 13-Sep-14 22-Nov-14 28-Jun-14 Approx. next payment date 23-Sep-14 2-Dec-14 8-Jul-14 9
TOP 20 SHARES HELD BY OFFSHORE CLIENTS AT END AUGUST 2014 SHARE CURRENCY LAST PRICE 2014/08/29 YTD % CHANGE 2014 OPENING PRICE 2014/01/02 % CHANGE IN PRICE 2013 OPENING PRICE 2013/01/02 % CHANGE IN PRICE 2012 OPENING PRICE 2012/01/03 EXCHANGE ANHEUSER BUSCH INBEV EUR 84.55 9.44% 77.26 17.52% 65.74 38.97% 47.31 EURO NEXT APPLE* USD 102.50 27.87% 79.02 0.75% 78.43 33.50% 58.75 NASDAQ BARCLAYS GBP 2.45-17.47% 2.72 12.19% 2.42 49.05% 1.63 LSE BERKSHIRE HATHAWAY CL B USD 137.25 15.76% 118.56 32.17% 89.70 17.56% 76.30 NYSE BP GBP 4.82-1.31% 4.88 14.89% 4.25-7.75% 4.61 LSE COCA-COLA USD 41.72 0.99% 41.31 13.96% 36.25 3.62% 34.99 NYSE DIAGEO GBP 17.76-11.23% 20.00 11.92% 17.87 27.05% 14.07 LSE GLAXOSMITHKLINE GBP 14.75-8.50% 16.12 20.71% 13.35-9.28% 14.72 LSE GENERAL ELECTRIC USD 25.98-7.31% 28.03 33.54% 20.99 17.20% 17.91 NYSE JOHNSON & JOHNSON USD 103.73 13.25% 91.59 30.66% 70.10 6.89% 65.58 NYSE MICROSOFT USD 45.43 21.37% 37.43 40.03% 26.73 2.97% 25.96 NASDAQ NESTLE ** CHF 71.25 9.11% 65.30 9.56% 59.60 10.37% 54.00 SWX EURO PROCTER AND GAMBLE USD 83.11 2.09% 81.41 19.91% 67.89 1.77% 66.71 NYSE SAMSUNG ELECTRONICS USD 609.00-6.74% 653.00-7.38% 705.00 53.03% 460.70 LSE TESCO GBP 2.30-31.22% 3.34-0.49% 3.36-16.72% 4.03 LSE UNILEVER GBP 26.59 7.13% 24.82 4.90% 23.66 9.39% 21.63 LSE VODAFONE GROUP*** GBP 2.07-29.98% 2.37 53.45% 1.54-13.67% 1.79 LSE WAL MART STORES USD 75.50-4.05% 78.69 15.33% 68.23 14.17% 59.76 NYSE WELLS FARGO USD 51.44 13.30% 45.40 32.83% 34.18 24.02% 27.56 NYSE YUM BRANDS USD 72.43-4.21% 75.61 13.87% 66.40 12.52% 59.01 NYSE * Price drop due to 7 to 1 stock split the 09/06/2014 from $645.57 to $93.70 ** All annual opening prices are on the 03 January and closing prices are on the 28 December due to Sw iss public holidays *** 6 for 11 Stock Split DISCLAIMER This document is not intended to constitute financial advice. You are urged to seek financial advice from a registered financial advisor. Should you not have a financial advisor, we can make one available to you. [Type text]