Anchor Capital says JSE slides 6.7% in September as precious metals correction hits resources shares

• Anchor Capital flagged September market stress as U.S. 10-year Treasury yields briefly topped 5.0%, pressuring global risk assets.
• JSE All Share slid 6.7% in September, led by resources as a precious-metals correction hit gold and PGMs.
• Gold fell 6.3% in September; platinum dropped 4.5%; palladium sank 11.5% as rising yields lifted the cost of holding non-yielding assets.
• Brent crude rose 14.4% in September, back above US$100/bbl, driven by supply risks tied to the US-Iran impasse.
• SARB lifted the repo rate 25 bps to 7.25% on 23 September as higher oil prices complicated the inflation outlook.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anchor Capital (Pty) Ltd published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.