JSE books biggest daily drop in over six years

Johannesburg - The Top 40 index posted its biggest drop since November 2008 on Monday, shedding 3.9% as investors worldwide dumped emerging market assets in the face of a resurgent dollar and falling oil prices.

Bullion producer AngloGold Ashanti [JSE:ANG] was the lone blue-chip gainer, adding 4.4% as the precious metal's spot price rose for a second straight session with buying from top consumer China picking up ahead of the Lunar New Year.