MARKET WRAP: JSE has third day of losses as rand hedges slump

Rand hedges dragged the JSE lower on Friday as the rand recorded its second consecutive day of gains.

Richemont fell 2.01% to R112.44, AB InBev 4.80% to R962.36, British American Tobacco 2.25% to R560.58, Naspers 3.82% to R2,933.42, and Prosus 4.34% to R1,580.01.