Markets globally were stumbling again as cases of coronavirus continued to rise and countries took increasingly draconian measures to stem the increase.
The local bourse followed international markets with some equities under major pressure.
All public gatherings will be banned, sports events including soccer matches are suspended, and movement is being severely restricted across the nation in a bid to contain the disease caused by the coronavirus.
Dr Jack & Curtis.
Hundreds of demonstrators gathered outside the Johannesburg Stock Exchange offices in Sandton to protest against gender-based violence. They said if government could not come up with funding solutions to assist, corporate needed to step in.
Johannesburg Stock Exchange (JSE) CEO Nicky Newton-King received their memorandum in Sandton earlier on Friday.
Nicky Newton-King received their memorandum outside the Johannesburg Stock Exchange in Sandton.
This follows an investigation that has revealed potential internal irregularities.
The JSE All-Share index closed 1.66% lower at 56,273 points, while the Top-40 index ended the day 1.95% down to 50,332 points after both weakened to levels last seen on 4 June.
It was a small turnout there with fewer than 20 people outside the JSE, demanding a stake in the country's economy.
Representatives and coordinators of the #ShutdownGauteng movement met with officials from the JSE, delivering a memorandum of demands.
The demonstration forms part of the Gauteng total shutdown.
Talk Radio 702 host Bruce Whitfield spoke to the deputy chairman at Sasfin Securities David Shapiro on his overview of the worst performing stocks in the market.
JSE CEO Nicky Newton-King says in cases where charismatic leaders are involved, there needs to be more vigorous oversight by boards.
Steinhoff is in the middle of an accounting scandal that has wiped off more billions of dollars off its market value.
Steinhoff lost more than 63% of its share value on Wednesday with German prosecutors wanting to interview at least four officials after the resignation of CEO Markus Jooste.
Just One Lap financial educator Simon Brown explains the latest developments at the Johannesburg Stock Exchange.
Hundreds of people arrived at the JSE after a march through Sandton. The group called itself the Greater Local Mining Communities Business Forum.
