{"id":9683,"date":"2012-04-06T03:51:41","date_gmt":"2012-04-06T01:51:41","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/s-africa-stocks-lifted-ahead-of-long-weekend\/"},"modified":"2012-04-06T03:51:41","modified_gmt":"2012-04-06T01:51:41","slug":"s-africa-stocks-lifted-ahead-of-long-weekend","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-stocks-lifted-ahead-of-long-weekend\/","title":{"rendered":"S.Africa stocks lifted ahead of long weekend"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* U.S. jobs data Friday may set mkt tone next week<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Bargain hunting seen among hard-hit resource stocks<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, April 5<\/span> (Reuters) &#8211; South African stocks<br \/>\nclawed back some lost ground on Thursday,   as investors bought<br \/>\nback shares of Kumba Iron Ore and other resource stocks<br \/>\nthat had been hammered in the previous session.<\/p>\n<p><span><\/span><\/p>\n<p>But traders said the recovery was also tempered with<br \/>\ncaution, ahead of a four-day Easter holiday that starts on<br \/>\nFriday.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Resources have been hard hit so you would expect a bit of<br \/>\nbottom fishing and bargain hunting,&#8221; said Ferdi Heyneke,<br \/>\nportfolio manager at Afrifocus Securities.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We might have had a better rally today if it wasn&#8217;t for<br \/>\nthis fairly long break coming up.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>South Africa&#8217;s blue-chip Top-40 index added 1.12<br \/>\npercent to 29,754.87, after suffering its biggest percentage<br \/>\ndecline since October on Wednesday when it slid 2.6 percent.<\/p>\n<p><span><\/span><\/p>\n<p>The broader All-share index bounced back 0.98<br \/>\npercent to 33,665.08.<\/p>\n<p><span><\/span><\/p>\n<p>Resource shares helped lead the recovery, with Kumba jumping<br \/>\n3.4 to 532.19 rand.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* U.S. jobs data Friday may set mkt tone next week * Bargain hunting seen among hard-hit resource stocks JOHANNESBURG, April 5 (Reuters) &#8211; South African stocks clawed back some lost ground on Thursday, as investors bought back shares of Kumba Iron Ore and other resource stocks that had been hammered in the previous session. [&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-9683","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\/9683","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=9683"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}