{"id":9876,"date":"2012-04-13T04:09:05","date_gmt":"2012-04-13T02:09:05","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/s-africa-stocks-end-firmer-track-global-stocks\/"},"modified":"2012-04-13T04:09:05","modified_gmt":"2012-04-13T02:09:05","slug":"s-africa-stocks-end-firmer-track-global-stocks","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-stocks-end-firmer-track-global-stocks\/","title":{"rendered":"S.Africa stocks end firmer, track global stocks"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Top-40 up 0.66 pct to 29,864.84<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* All-Share gains 0.55 pct to 33,816.96<\/p>\n<p><span><\/span><\/p>\n<p>By Tshepo Tshabalala<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, April 12 (Reuters) &#8211; Share prices of South<br \/>\nAfrican companies such as Assore closed firmer after<br \/>\nthin sideways trading for much of Thursday and investors&#8217; eyes<br \/>\ntrained on U.S. and European markets for direction.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa&#8217;s resource-heavy bourse has many foreign<br \/>\ninvestors whose activity moves it largely in tandem with global<br \/>\nequity market trends.<\/p>\n<p><span><\/span><\/p>\n<p>Base metal miner Assore jumped over 4 percent to 254.99 rand<br \/>\nafter brokerage Macquarie raised its price target to 280 rand<br \/>\nand gave it an &#8216;outperform&#8217; rating.<\/p>\n<p><span><\/span><\/p>\n<p>The Top-40 index that tracks blue chips rose 0.66<br \/>\npercent to 29,864.84 and the broad based All-Share<br \/>\ngained 0.55 percent to 33,816.96.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We have been stuck in this band for three months now,&#8221; said<br \/>\nBrett Duncan, equities derivative trader at SBG Securities,<br \/>\nreferring to a range between 29,000 and 31,000 on the Top-40.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;So you are going to find a little bit of buying on the dips<br \/>\nand selling into the strengths with no real trend.&#8221;<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 up 0.66 pct to 29,864.84 * All-Share gains 0.55 pct to 33,816.96 By Tshepo Tshabalala JOHANNESBURG, April 12 (Reuters) &#8211; Share prices of South African companies such as Assore closed firmer after thin sideways trading for much of Thursday and investors&#8217; eyes trained on U.S. and European markets for direction. South Africa&#8217;s resource-heavy [&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-9876","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\/9876","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=9876"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9876\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}