South African Stocks Drop 1.5% In Morning Trading

Dow Jones
05/08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in South Africa fell during early trading Friday, as the FTSE/JSE All Share Index fell 1.5% to 117400.16.

Among local companies with a market cap of at least 15 billion South African rand ($911.8 million), Valterra Platinum is the biggest early laggard, dropping 3.1%, followed by shares of Northam Platinum Holdings, which dropped 3.1%. Shares of Harmony Gold Mining fell 3.1%.

Santam is the biggest leader this morning, adding 1.2%, and Grindrod rose 1.2%. Sasol rounds out the top three movers, as shares climbed 0.9%.

On the currency front, the WSJ Dollar Index dropped 0.1% to 94.90. The dollar strengthened 0.4% against the rand to 16.45 rand.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 08, 2026 03:26 ET (07:26 GMT)

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