South African stocks slid on Wednesday amid a global sell-off as worries about a possible windfall tax on miners hit resource stocks and Naspers tumbled on news it will sell new shares to raise cash.
The Johannesburg Top-40 index of blue-chip stocks dropped 1.11 percent to 23,176 points after tumbling more than 3 percent the previous day, halting a rally that took the index to a string of record highs.
The All-share index tripped 1.08 percent lower to 25,795.99 points.
Read more at Reuters South Africa
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