{"id":11595,"date":"2012-06-18T23:33:30","date_gmt":"2012-06-18T21:33:30","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/s-african-shares-soar-to-6-week-high-on-greek-vote\/"},"modified":"2012-06-18T23:33:30","modified_gmt":"2012-06-18T21:33:30","slug":"s-african-shares-soar-to-6-week-high-on-greek-vote","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-african-shares-soar-to-6-week-high-on-greek-vote\/","title":{"rendered":"S.African shares soar to 6-week high on Greek vote"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Top-40 rises 1.59 pct to 30,453.02<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* All-share gains 1.41 pct to 34,438.76<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, June 18<\/span> (Reuters) &#8211; South African shares rose<br \/>\nmore than 1.4 percent on Monday to hit a six-week high, led by<br \/>\nmanganese miner Assore and boosted by a weekend victory<br \/>\nfor pro-bailout parties in Greek elections.<\/p>\n<p><span><\/span><\/p>\n<p>Parties supporting a bailout saving Greece from bankruptcy<br \/>\nwon a slim parliamentary majority on Sunday, beating radical<br \/>\nleftists who rejected austerity and bringing relief to the euro<br \/>\nzone, which was braced for fresh financial<br \/>\nturmoil.<\/p>\n<p><span><\/span><\/p>\n<p>Europe is a vital export for South African manufactured<br \/>\ngoods and minerals, with trouble in the region likely leading to<br \/>\nslowing growth for Africa&#8217;s largest economy.<\/p>\n<p><span><\/span><\/p>\n<p>The benchmark Top-40 index rose 1.59 percent to<br \/>\n30,453.02, its highest level since May 3, while the broader<br \/>\nAll-Share ended up 1.41 percent to 34,438.76.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We saw our markets come off to a good start, with bullish<br \/>\nbuys due to the outcome of the Greek elections,&#8221; said Deryck<br \/>\nJanse Van Rensburg, portfolio manager at BoE Stockbrokers.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;But obviously the euro zone troubles still tend to weigh on<br \/>\nthe market and that caused a bit of volatility.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>Assore closed up 5.57 percent at 312.50 rand, while<br \/>\ninvestment bank and asset manager Investec ended 3.93<br \/>\npercent higher at 48.64 rand.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Top-40 rises 1.59 pct to 30,453.02 * All-share gains 1.41 pct to 34,438.76 JOHANNESBURG, June 18 (Reuters) &#8211; South African shares rose more than 1.4 percent on Monday to hit a six-week high, led by manganese miner Assore and boosted by a weekend victory for pro-bailout parties in Greek elections. Parties supporting a bailout [&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-11595","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\/11595","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=11595"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11595\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}