Africa Stock Market Closing Report | South African stock market closed down about 2%, Harmony fell about 11.1%, leading the decline in gold and silver mining stocks
On Wednesday (March 11), the South African FTSE/JSE Africa Leading 40 Index closed down 1.99%, approaching 109,500 points.
Most constituent stocks fell, with Harmony Gold (HAR.SJ) down 11.07%, Gold Fields (GFI) down 5.74%, Sibanye Stillwater down 4.96%, Valterra Platinum down 4.38%, Anglo American (ANG) down 3.73%, Northam Platinum down 3.22% ranking sixth in decline, while Anglo American (AGL) rose 0.97% ranking third, Sasol (SOL) rose 4.63%, and OUTsurance Group rose 4.87%.
The Mauritius Stock Exchange SEMDEX Index rose 0.02%, the Nigerian Stock Exchange All Share Index fell 0.09%, and the Nairobi Stock Exchange All Share Index in Kenya rose 0.73%
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