South Africa Stocks Retreat in Longest Losing Streak Since June

People from a school group look at an electronic screen with stock index figures at the Johannesburg Stock Exchange (JSE) on March 20, 2015 in Johannesburg, South Africa. AFP PHOTO/GIANLUIGI GUERCIA (Photo credit should read GIANLUIGI GUERCIA/AFP via Getty Images)Photographer: GIANLUIGI GUERCIA/AFP

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By Adelaide Changole

September 18, 2020 at 8:08 AM UTC

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South Africa’s main stock benchmark erases gains of as much as 0.4% to drop for a fourth day Friday, down 0.4% by 10:06 a.m. in Johannesburg. The four-day slide, the benchmark’s longest losing streak since June 11, deepens weekly losses to 2.1%.