--- title: "Africa Stock Market Closing Report | South African Stock Market Closed Down 1.7%, Precious Metal Mining Stocks Led the Decline" description: "On Tuesday (November 4), the South African stock market closed down 1.70%, with the FTSE/JSE Africa Leading 40 Index at 100,000 points. Precious metal mining stocks performed poorly, with Northam Plat" type: "news" locale: "en" url: "https://longbridge.com/en/news/264260267.md" published_at: "2025-11-04T16:02:13.000Z" --- # Africa Stock Market Closing Report | South African Stock Market Closed Down 1.7%, Precious Metal Mining Stocks Led the Decline > On Tuesday (November 4), the South African stock market closed down 1.70%, with the FTSE/JSE Africa Leading 40 Index at 100,000 points. Precious metal mining stocks performed poorly, with Northam Platinum down 8.05%, Valterra Platinum down 6.84%, Palabora Mining down 5.43%, and Sibanye Stillwater down 5.19%. In contrast, Prosus rose 0.35%, Naspers rose 0.85%, Anheuser-Busch InBev rose 1.45%, and British American Tobacco rose 2.35% On Tuesday (November 4), the South African FTSE/JSE Africa Leading 40 Index closed down 1.70%, at 100,000 points. Constituent stock Northam Platinum fell 8.05%, Valterra Platinum dropped 6.84%, Impala Platinum Holdings (IMP.SJ) declined 5.43%, Sibanye Stillwater fell 5.19%, Harmony Gold (HAR) decreased 4.60%, Gold Fields (GFI) dropped 4.32%, and AngloGold Ashanti (ANG) fell 3.97%, making it the seventh largest decline. Prosus rose 0.35%, ranking seventh, Naspers increased 0.85%, making it the third largest gain, Anheuser-Busch InBev NV (ANH) rose 1.45%, and British American Tobacco (BTI) increased 2.35% ### Related Stocks - [BUD.US - Anheuser-Busch InBev NV](https://longbridge.com/en/quote/BUD.US.md) - [NPSNY.US - Naspers](https://longbridge.com/en/quote/NPSNY.US.md) - [SBSW.US - Sibanye Stillwater](https://longbridge.com/en/quote/SBSW.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | AB Inbev CFO Fernando Tennenbaum: 2026 will hopefully be a more normal year on costs, we see further opportunities to expand margin | AB Inbev CFO Fernando Tennenbaum: 2026 will hopefully be a more normal year on costs, we see further opportunities to ex | [Link](https://longbridge.com/en/news/275819045.md) | | Anheuser-Busch InBev Kept at Buy as BofA Notes 'Solid' Q4 2025 Results | Anheuser-Busch InBev Kept at Buy as BofA Notes 'Solid' Q4 2025 Results | [Link](https://longbridge.com/en/news/275859661.md) | | Deutsche Bank Aktiengesellschaft Reaffirms Neutral Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD) | Deutsche Bank Aktiengesellschaft has reaffirmed a "neutral" rating for Anheuser-Busch InBev SA/NV (NYSE:BUD) in a recent | [Link](https://longbridge.com/en/news/276063330.md) | | Balanced Outlook Amid Regional Divergence Keeps AB InBev at Hold | Analyst Robert Moskow of TD Cowen has maintained a Hold rating on Anheuser Busch InBev SA/NV with a price target of €72. | [Link](https://longbridge.com/en/news/275953474.md) | | AB Inbev CEO: In December our Chinese market share was positive, we continue to invest and launch new packages | AB Inbev CEO: In December our Chinese market share was positive, we continue to invest and launch new packages | [Link](https://longbridge.com/en/news/275801199.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.