South African Stocks Post Worst Week in Four Years as Bonds Drop

  • Naspers, MTN, Steinhoff are biggest contributors to decline
  • Bond yields rise in week amid disappointment with ECB measures

South African equities tumbled on Friday for the biggest weekly decline since August 2011 before credit-rating reviews that may see the country move a step closer to junk.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.