{"id":12722,"date":"2012-07-25T01:29:46","date_gmt":"2012-07-24T23:29:46","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/s-africa-stocks-higher-caution-ahead-of-earnings\/"},"modified":"2012-07-25T01:29:46","modified_gmt":"2012-07-24T23:29:46","slug":"s-africa-stocks-higher-caution-ahead-of-earnings","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-stocks-higher-caution-ahead-of-earnings\/","title":{"rendered":"S.Africa stocks higher; caution ahead of earnings"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Top-40 rises 0.6 percent to 29,868.42<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* All-share up 0.5 percent at 33,998.45<\/p>\n<p><span><\/span><\/p>\n<p>By Ed Stoddard<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, July 24 (Reuters) &#8211; South African stocks<br \/>\ngained over half a percent on Tuesday, clawing back some of the<br \/>\nprevious session&#8217;s steep losses, as investors cautiously waded<br \/>\nback into the market ahead of a rush of corporate earnings.<\/p>\n<p><span><\/span><\/p>\n<p>Bullion heavyweights AngloGold Ashanti and Gold<br \/>\nFields both maintained a technical rally mobile<br \/>\noperator MTN and others were lifted by investors<br \/>\nsearching for higher dividends.<\/p>\n<p><span><\/span><\/p>\n<p>No fireworks are expected in coming days as investors<br \/>\nawaiting results including big banks such as Absa,<br \/>\nwhose first-half results are out Friday, and quarterly earnings<br \/>\nfrom the big gold miners next month.<\/p>\n<p><span><\/span><\/p>\n<p>The JSE Top-40 index gained 0.63 percent to<br \/>\n29,868.42 and the broader All-share index added 0.54<br \/>\npercent to close the day at 33,998.45.<\/p>\n<p><span><\/span><\/p>\n<p>The sustainability of the rebound is unclear, with the<br \/>\nimmediate outlook clouded by technical signals.<\/p>\n<p><span><\/span><\/p>\n<p>The Top-40&#8217;s 14-day RSI, a measure of momentum watched by<br \/>\ntechnical analysts, is in the middle of oversold and overbought<br \/>\nterritory, meaning it is trending neutral with no clear<br \/>\nshort-term bias in either direction.<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 0.6 percent to 29,868.42 * All-share up 0.5 percent at 33,998.45 By Ed Stoddard JOHANNESBURG, July 24 (Reuters) &#8211; South African stocks gained over half a percent on Tuesday, clawing back some of the previous session&#8217;s steep losses, as investors cautiously waded back into the market ahead of a rush of corporate [&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-12722","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\/12722","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=12722"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12722\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}