Anchor Capital says JSE falls 5.8% in September as precious metal miners drag index
- Anchor Capital flagged a sharp September reversal on the JSE, with the FTSE/JSE Capped All Share down 5.8% for the month.
- Precious metal miners drove the decline, with gold miners down 15% and platinum miners down 7%, cutting index performance by over 3%.
- Naspers fell 12% and Prosus slid 8%, trimming about 1% from September performance as Tencent dropped 5%.
- Domestic cyclicals weakened 3.3%, while general retailers rose 5% as Shoprite gained 6% and Boxer climbed 3.6%.
- SARB lifted rates 0.25% to a 10.75% prime lending rate; the rand ended at R 16.42 per dollar; the 10-year yield rose to 9%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anchor Capital (Pty) Ltd published the original content used to generate this news brief on October 02, 2026, and is solely responsible for the information contained therein.