{"id":11764,"date":"2012-06-22T23:39:58","date_gmt":"2012-06-22T21:39:58","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/battered-miners-lead-south-africa-stocks-lower\/"},"modified":"2012-06-22T23:39:58","modified_gmt":"2012-06-22T21:39:58","slug":"battered-miners-lead-south-africa-stocks-lower","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/battered-miners-lead-south-africa-stocks-lower\/","title":{"rendered":"Battered miners lead South Africa stocks lower"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* All-Share index down 1.2 pct to 34,118.87<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Top-40 index down 1.61 pct 30,025.43<\/p>\n<p><span><\/span><\/p>\n<p>* Mining shares thrashed as global growth slows<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, June 22 (Reuters) &#8211; South African stocks ended<br \/>\nlower on Friday as mining shares including platinum producer<br \/>\nAnglo American Platinum and Kumba Iron Ore<br \/>\nslid on renewed concerns of a slowdown in global growth that<br \/>\ncould blunt demand for commodities.<\/p>\n<p><span><\/span><\/p>\n<p>Minerals, including platinum, gold, coal, ferrochrome and<br \/>\niron ore, are South Africa&#8217;s biggest exports and trouble in its<br \/>\ntrading partners often translates into slower growth at home.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;It&#8217;s all about commodities today. The market got a bit of a<br \/>\ncushioning from the U.S. market open, which was slightly better,<br \/>\nbut the gold and platinum stocks are getting thrashed,&#8221; said<br \/>\nSasha Naryshkine, an analyst at Vestact.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Investment banks are starting to question how long<br \/>\ncommodities are going to remain robust.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>Mining stocks extended losses from the previous session,<br \/>\nwhen disappointing data from China, the United States and the<br \/>\neuro zone pushed commodity shares lower.<\/p>\n<p><span><\/span><\/p>\n<p>The All-share index, the broadest measure of South<br \/>\nAfrican stock performance, fell 1.2 percent to 34,118.87. The<br \/>\nbenchmark Top-40 index closed down 1.61 percent<br \/>\nat 30,025.43.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* All-Share index down 1.2 pct to 34,118.87 * Top-40 index down 1.61 pct 30,025.43 * Mining shares thrashed as global growth slows JOHANNESBURG, June 22 (Reuters) &#8211; South African stocks ended lower on Friday as mining shares including platinum producer Anglo American Platinum and Kumba Iron Ore slid on renewed concerns of a slowdown [&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-11764","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\/11764","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=11764"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11764\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}