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Johannesburg - South African stocks fell by more than 1% on Friday, tracking international markets on worries of the effects of tensions between Russia and the West over the Ukraine.
E-commerce and media company Naspers fell the most in more than a month, tracking a decline in shares of its Chinese money spinner Tencent after China's central bank ordered a halt to some mobile payment methods used by Internet companies.
Naspers shares slid 4.51% at R1 229.00.
"On the domestic side we have more worries on growth prospects and globally the situation in the Ukraine has caught everyone's attention," said Paul Chakaduka, a trader at Cratos Capital.
The benchmark Top-40 index fell by 1.07% at 417 61.01 while the All-Share index slid 0.88% at 464 12.40
On the flip side, worries on Ukraine lifted gold to fresh six months highs on Friday.
AngloGold Ashanti was the biggest gainer in the benchmark index, gaining 2.91% to R209 while Sibanye Gold 3.4% at R25.6.
Trade was fairly brisk, with 185 million shares changing hands. A total of 178 shares declined, 125 advanced and 45 were unchanged.
* Fin24 is part of Media24, a subsidiary of Naspers.
E-commerce and media company Naspers fell the most in more than a month, tracking a decline in shares of its Chinese money spinner Tencent after China's central bank ordered a halt to some mobile payment methods used by Internet companies.
Naspers shares slid 4.51% at R1 229.00.
"On the domestic side we have more worries on growth prospects and globally the situation in the Ukraine has caught everyone's attention," said Paul Chakaduka, a trader at Cratos Capital.
The benchmark Top-40 index fell by 1.07% at 417 61.01 while the All-Share index slid 0.88% at 464 12.40
On the flip side, worries on Ukraine lifted gold to fresh six months highs on Friday.
AngloGold Ashanti was the biggest gainer in the benchmark index, gaining 2.91% to R209 while Sibanye Gold 3.4% at R25.6.
Trade was fairly brisk, with 185 million shares changing hands. A total of 178 shares declined, 125 advanced and 45 were unchanged.
* Fin24 is part of Media24, a subsidiary of Naspers.
