---
title: "Africa Stock Market Closing Report | South African stock market closed down 1.2%, Naspers and Prosus fell at least 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264900995.md"
description: "The South African stock market closed down 1.20% on November 7, with the FTSE/JSE Africa Leading 40 Index falling to 101,500 points, a weekly decline of 0.48%. Among the major constituents, Sibanye Stillwater, Naspers, and Prosus fell by 3.75%, 3.32%, and 3%, respectively. The South African Rand appreciated slightly by 0.03% against the US dollar, trading at 17.3266 Rand. The SEMDEX index of the Mauritius Stock Exchange fell by 1.03%, the Nigerian Stock Exchange dropped by 2.99%, while the Nairobi Stock Exchange in Kenya rose by 2.01%"
datetime: "2025-11-07T15:25:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264900995.md)
  - [en](https://longbridge.com/en/news/264900995.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264900995.md)
generator: "portal-rs"
---

# Africa Stock Market Closing Report | South African stock market closed down 1.2%, Naspers and Prosus fell at least 3%

On Friday (November 7), the South African FTSE/JSE Africa Leading 40 Index closed down 1.20%, below 101,500 points, with a cumulative decline of 0.48% for the week. Among the constituent stocks, Sibanye Stillwater, involved in platinum, palladium, rhodium, and gold processing, fell 3.75%, Naspers dropped 3.32%, and Prosus declined by 3%, making it the third largest drop. The South African Rand has appreciated 0.03% against the US dollar so far this week, currently at 17.3266 Rand, showing an overall V-shaped reversal. This week, the Mauritius Stock Exchange SEMDEX Index has cumulatively declined 1.03%, continuing to trend lower, the Nigerian Stock Exchange All Share Index has cumulatively dropped 2.99%, also continuing to trend lower, while the Nairobi Stock Exchange All Share Index in Kenya has cumulatively increased by 2.01%

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**