African stock market closing report | South African stocks fell more than 2.4%, led by gold and silver mining stocks.

On Friday, South Africa's FTSE/JSE Africa Top 40 Tradable Index closed down 2.42% at 99,412.34 points, falling 0.58% for the week and 1.37% for October. As spot gold fell below the $3,900 mark, constituent stocks broadly closed lower: Northam Platinum Holdings fell 7.28%, Pan African Resources dropped 6.95%, Sibanye Stillwater declined 6.43%, Gold Fields fell 6.42%, Harmony Gold dropped 6.32%, AngloGold Ashanti fell 5.99%, Valterra Platinum declined 5.8%, Impala Platinum Holdings fell 5.56%, Standard Bank dropped 3.61%, and Absa Group fell 3.22%, the tenth-largest decliner.