{"id":47922,"date":"2013-10-21T10:25:24","date_gmt":"2013-10-21T08:25:24","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=47922"},"modified":"2013-10-21T11:26:58","modified_gmt":"2013-10-21T09:26:58","slug":"naspers-eyes-jse-landmark","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/47922\/naspers-eyes-jse-landmark\/","title":{"rendered":"Naspers eyes JSE landmark"},"content":{"rendered":"

Shares Naspers<\/a> advanced in morning trade on the JSE on Monday (21 October), with investors speculating whether the media and internet group\u00a0could test R1,000, spurred by Tencent<\/a>‘s rally in Asia.<\/p>\n

Naspers added R27 or 2.84% by 10:00 am on the JSE, taking its share price to R977, up 79% over the past year, and giving the group a market cap of R406.4 billion.<\/p>\n

Naspers, through its subsidiary MIH, has a 34%\u00a0interest in Tencent, China\u2019s biggest Internet company, which\u00a0\u00a0surged 4% or HK$17.60\u00a0to HK$451.20 by late afternoon in Hong Kong.<\/p>\n

Bloomberg reported that Tencent advanced\u00a0after analysts at Barclays<\/a> named the group among its top picks in China\u2019s online sector.<\/p>\n

Its shares initially spiked to a gain of 5%, giving the group a market share of $108 billion.<\/p>\n

Bloomberg noted that Tencent’s stock also fed off a rally in US tech stocks, including Google<\/a>, which surpassed $1,000 on the Nasdaq on Friday, as well as Facebook<\/a>, as both reached record highs last week.<\/p>\n

More on Naspers<\/h3>\n

Naspers reconfigures its board<\/strong><\/a><\/p>\n

Naspers to discuss Koos Bekker\u2019s future<\/strong><\/a><\/p>\n

Naspers: JSE history maker<\/strong><\/a><\/p>\n

Biggest companies in South Africa<\/a><\/strong><\/p>\n

Naspers revenue tops R50 billion<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares in media and internet group Naspers, advanced in morning trade on the JSE on Monday, and could test R1,000 on the local exchange.<\/p>\n","protected":false},"author":9,"featured_media":43356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9882],"tags":[3300,45,53,26,175,107,1977],"class_list":["post-47922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-barclays","tag-facebook","tag-google","tag-headline","tag-jse","tag-naspers","tag-tencent"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/47922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=47922"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/47922\/revisions"}],"predecessor-version":[{"id":47938,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/47922\/revisions\/47938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/43356"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=47922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=47922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=47922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}