S.Africa market confidence jumps in Q3 -survey

* Financial market confidence up again

* Improvement largely due to global sentiment

* Rise in portfolio equity weightings

JOHANNESBURG, Nov 4 (Reuters) - South African financial market investor confidence increased again in the third quarter, boosted by improved global sentiment and rising commodity prices, a survey showed on Wednesday.

The Maxim-ETM Investor Confidence Index (ICI) climbed to 84.4 points in the third quarter from 76.6, and by 22.1 points from a year ago, around the height of the world financial market turmoil.

Market analysts ETM said the survey showed a rise in the weighting of equities within investor portfolios -- the first increase since the first quarter of 2007.

"Investors upped their equity weighting at the fastest pace in the past decade to 39.6 percent to take advantage of the run the markets have enjoyed this year so far," it said.

The weighting rose from 36.6 percent in the second quarter at the expense of money market funds which declined by about the same margin to 51.4 percent.