The JSE tracked weaker international markets on Thursday, falling the most in 12 weeks, with the tech-heavy Nasdaq tumbling the most since March after reaching a record high earlier this week.

The Nasdaq tumbled nearly 5% following a streak of record-setting days over the past few weeks, with the fall affecting tech stocks across the globe, with Naspers and Prosus pulling the JSE all share lower on a day when all the major indices were in negative territory.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now