{"id":11517,"date":"2012-06-15T23:23:54","date_gmt":"2012-06-15T21:23:54","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/s-africa-shares-rise-ahead-of-greek-elections\/"},"modified":"2012-06-15T23:23:54","modified_gmt":"2012-06-15T21:23:54","slug":"s-africa-shares-rise-ahead-of-greek-elections","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-shares-rise-ahead-of-greek-elections\/","title":{"rendered":"S.Africa shares rise ahead of Greek elections"},"content":{"rendered":"

\t\t<\/span><\/p>\n

* Top-40 rises 0.4 pct to 29,977.28<\/span><\/p>\n

<\/span><\/p>\n

* All-share gains 0.4 pct 33,959.87<\/p>\n

<\/span><\/p>\n

JOHANNESBURG, June 15<\/span> (Reuters) – South African shares rose
\n0.4 percent on Friday as global equities rallied on talk of a
\njoint effort by world central banks to ease any market upset
\nafter Greece’s election this weekend.<\/p>\n

<\/span><\/p>\n

Central banks from Tokyo to London are stockpiling their
\nammunition in preparation for any turmoil from the Greek poll as
\ntension rises about how to manage the euro zone’s debt crisis.<\/p>\n

<\/span><\/p>\n

“The big thing is everybody will wait and see what happens,
\nbut most of the central banks in the world are prepared to come
\nin and help if there is any trouble,” said Malcom Moller, an
\nequities trader at Vunani.<\/p>\n

<\/span><\/p>\n

Officials from the G20 nations, whose leaders are meeting in
\nMexico next week, say numerous central banks are preparing to
\ntake steps to stabilise financial markets – if needed – by
\nproviding liquidity and prevent any credit squeeze.<\/p>\n

<\/span><\/p>\n

The Top-40 index closed up 0.44 percent to
\n29,977.28 and the All-Share rose 0.4 percent to
\n33,959.87.<\/p>\n

<\/span><\/p>\n

Johannesburg shares of world No. 3 platinum producer Lonmin
\n were the biggest blue-chip gainers, closing 4.3 percent
\nhigher after brokerage Goldman Sachs raised its price target for
\nthe company, which has its primary listing in London.<\/p>\n

<\/span><\/p>\n

“They are not as negative as they have previously been on
\nthe stock,” said Roche Kilian, a trader at Thebe Stock Broking.
\nThe platinum price has also been gaining this week in
\nline with a broader rally in precious metals.
\n\u00a0 Continued…<\/strong><\/span><\/p>\n

<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

* Top-40 rises 0.4 pct to 29,977.28 * All-share gains 0.4 pct 33,959.87 JOHANNESBURG, June 15 (Reuters) – South African shares rose 0.4 percent on Friday as global equities rallied on talk of a joint effort by world central banks to ease any market upset after Greece’s election this weekend. Central banks from Tokyo to […]<\/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-11517","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\/11517","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=11517"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11517\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}