THE r and f ell t o a w eek’s lo w ag ainst the dollar at 11, 0675 y esterday, lo sing gr ound after the tr ade deficit widened t o a r ecord R21,33 billion in Oct ober.
Government bonds e xtended the pr evious day’s gains, with the yield f or the 2026 benchmark shedding 6 .5 basis point s t o end at 7 ,61%, near the 1 1/ 2 y ear lo w o f 7,605% t ouched earlier in the s ession.
Stocks slid 1, 6%, with pe trochemicals firm Sas ol tumbling 8 ,2% t o R46 1,95 af ter oil hit a f ouryear lo w.
The benchmark T op40 inde x dr opped 1,6% t o 44 206 . The br oad AllShar e inde x fell 1, 3% t o 4 9 911.
Meanwhile, div ersified miner BHP Billit on Plc dr opped 5, 7% t o R262, 10. Billit on was the bigg est single dr ag on the benchmark Top40, shaving nearly 27 0 point s o ff the inde x. — R euters.