Briefs
SA stocks down, banks hit by technical sell-off
"That's quite a big move on the Banks index; if it closes the week around these levels we will have a fertile environment for a further correction," he told Reuters.
The benchmark Top-40 index dropped 1 percent to 46,591. The wider All-share index, which scaled a record peak on Tuesday, was knocked back 0.9 percent to 51,770.
Decliners outnumbered advancers 166 to 132, according to preliminary bourse data.