---
title: "Africa Stock Market Closing Report | South African stock market closed down about 3.4%, with gold and silver mining stocks, Prosus, and Naspers leading the decline"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279633462.md"
description: "On Wednesday, the South African stock market fell by about 3.4%, with the FTSE/JSE Africa Top 40 Index dropping to 106,000 points. Major constituents such as Sibanye Stillwater, JTGROUP, Prosus, and Naspers all experienced significant declines, with decreases of 8.57%, 7.87%, 7.32%, and 6.99% respectively. The Nigerian Stock Exchange index fell by 0.69%, while the performance of the Mauritius Stock Exchange and the Nairobi Stock Exchange in Kenya remained relatively stable"
datetime: "2026-03-18T15:52:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279633462.md)
  - [en](https://longbridge.com/en/news/279633462.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279633462.md)
---

# Africa Stock Market Closing Report | South African stock market closed down about 3.4%, with gold and silver mining stocks, Prosus, and Naspers leading the decline

On Wednesday (March 18), the South African FTSE/JSE Africa Leading 40 Index closed down 3.37%, below 106,000 points.

Component stock Sibanye Stillwater fell 8.57%, Gold Fields (GFI.SJ) dropped 7.87%, Prosus declined 7.32%, Impala Platinum Holdings (IMP) fell 7.29%, Naspers decreased 6.99%, Harmony Gold (HAR) dropped 6.98%, and Northam Platinum fell 6.59%, making it the seventh largest decline. Only three component stocks rose: Discovery increased by 0.12%, Clicks Group rose by 0.44%, and MTN Group gained 1.14%.

The Nigerian Stock Exchange All Share Index fell 0.69%, approaching 201,000 points, ending a trend of three consecutive trading days of closing at historical highs.

The Mauritius Stock Exchange SEMDEX Index fell 0.10%, while the Nairobi Stock Exchange All Share Index rose 0.09%

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