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On Friday, South Africa's FTSE/JSE Africa Leading 40 Tradable Index closed down 2.42% to 99412.34 points. The cumulative decline this week was 0.58%, with a cumulative decline of 1.37% in October. At a time when spot gold fell below the $3,900 mark, constituent stocks generally fell, with Northam Platinum Holdings down 7.28%, Pan-African Resources 6.95%, Sibanye Stillwater 6.43%, Jintian Company 6.42%, Harmony Gold 6.32%, Angloasandi Gold Company down 5.99%, Valterra Platinum Industry 5.8%, as Para Platinum Holdings fell 5.56%, Standard Bank of South Africa fell 3.61%, and Union Bank of South Africa Group fell 3.22%, the tenth biggest drop.
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On Friday, South Africa's FTSE/JSE Africa Leading 40 Tradable Index closed down 2.42% to 99412.34 points. The cumulative decline this week was 0.58%, with a cumulative decline of 1.37% in October. At a time when spot gold fell below the $3,900 mark, constituent stocks generally fell, with Northam Platinum Holdings down 7.28%, Pan-African Resources 6.95%, Sibanye Stillwater 6.43%, Jintian Company 6.42%, Harmony Gold 6.32%, Angloasandi Gold Company down 5.99%, Valterra Platinum Industry 5.8%, as Para Platinum Holdings fell 5.56%, Standard Bank of South Africa fell 3.61%, and Union Bank of South Africa Group fell 3.22%, the tenth biggest drop.
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