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MARKET WRAP: JSE tumbles with Naspers falling the most in more than 20 years

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Global markets also fell as Russia’s invasion of Ukraine intensified

The JSE tumbled the most in six weeks on Friday as stocks fell broadly, with Naspers and Prosus leading the losses on the local bourse.

Naspers dropped 10.94% to R1,633.42, the biggest one day loss since September 18 2001, while Naspers fell the most since it first listed in September 2019, down 9.97% to R817...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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