{"id":11484,"date":"2012-06-14T23:21:27","date_gmt":"2012-06-14T21:21:27","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/s-africa-shares-edge-lower-sentiment-weighs\/"},"modified":"2012-06-14T23:21:27","modified_gmt":"2012-06-14T21:21:27","slug":"s-africa-shares-edge-lower-sentiment-weighs","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-shares-edge-lower-sentiment-weighs\/","title":{"rendered":"S.Africa shares edge lower, sentiment weighs"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Euro zone jitters weighs on Johannesburg<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Stocks down nearly 0.7 percent<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, June 14<\/span> (Reuters) &#8211; South African shares<br \/>\nclosed 0.7 percent lower on Thursday, tracking a downbeat mood<br \/>\nin global markets, and looked set to remain volatile with global<br \/>\ninvestors keeping their money in less risky assets.<\/p>\n<p><span><\/span><\/p>\n<p>Miners such as African Rainbow Minerals and Kumba<br \/>\nIron Ore were among the bigger decliners, falling over<br \/>\n2 percent each.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Our market is being brought down by commodities and<br \/>\nresource stocks. Everyone is worried about demand going forward<br \/>\nwhile commodities are pulling back,&#8221; said Byron Lotter,<br \/>\nportfolio manager at Vestact.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;It&#8217;s still about Europe pending the Greek election on<br \/>\nSunday. There has been hardly any market activity as people<br \/>\nawait the outcome of the elections and the big decisions which<br \/>\nneed to be made.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>Global markets are bracing for possible turmoil if the<br \/>\noutcome of Greece&#8217;s elections on Sunday prompts panic flight of<br \/>\ncapital from the bloc to more stable regions.<\/p>\n<p><span><\/span><\/p>\n<p>Johannesburg&#8217;s Top-40 index shed 0.68 percent to<br \/>\n29,845.01 and the wider All-Share measure dropped 0.62<br \/>\npercent to 33,826.01.<\/p>\n<p><span><\/span><\/p>\n<p>Mining shares are usually the first to suffer in shaky<br \/>\neconomic times because of the expected drop in factory<br \/>\nproduction in industrial nations, and the knock-on effect that<br \/>\nhas on commodity prices.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Euro zone jitters weighs on Johannesburg * Stocks down nearly 0.7 percent JOHANNESBURG, June 14 (Reuters) &#8211; South African shares closed 0.7 percent lower on Thursday, tracking a downbeat mood in global markets, and looked set to remain volatile with global investors keeping their money in less risky assets. Miners such as African Rainbow [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11484","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11484"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11484\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}