JSE drops 6% as SA enters state of disaster

The JSE fell below 42,000 points for the first time since August 2013 on Monday morning, slumping in broad-based losses as global stocks were pummelled by increasing government restrictions due to the coronavirus outbreak.

Locally, a state of disaster has been declared. Schools will be closed and gatherings of more than 100 people have been prohibited, with similar initiatives taking place in other countries.

Source: businesslive.co.za