JSE Top 40 jumps 2.65%, led by financial stocks

The JSE Top 40 rose 2.6538% to 108174.91 points on May 25, while the JSE All Share gained 2.4539% to 115994.17. The rebound was backed by a run of company updates, with Nedbank highlighted for solid capital and dividend metrics after its 2025 results, according to AD HOC NEWS, while Capitec stayed in focus on earnings momentum and retail banking growth, according to the same source. Bidvest and OUTsurance also drove the news flow with earnings and dividend updates, according to AD HOC NEWS, while City Lodge pointed to an ongoing recovery in South African travel. On the deal side, Averi is targeting a Johannesburg listing through a South African reverse takeover, EnterpriseAM reported, while the JSE logged additional listings of SYGEMF and SATRIXEMG securities and several interest and capital payment notices on May 25.