African stock market closing report | South African stock market plummeted over 6.2% in two days, while the price of gold has also dropped by about 8% during the same period.

date
20/03/2026
On Thursday, the South Africa FTSE/JSE Africa Top 40 Tradable Index fell by 2.97% to below 103,000 points, with a total decline of 6.24% over the past two trading days. Since March 18, the spot price of gold has dropped by a total of 7.94%, currently trading at $4603, down from a low of $4502.80 on March 19 at 21:00 Beijing time.