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JSE slips 0.17% after CANAL+ debut and banking announcements
The JSE All Share fell 0.17% to 111,089.93 on June 8, while the Top 40 lost 0.29% to 103,117.56. CANAL+ debuted on the JSE on June 3 in what CNBC Africa, Moneyweb and Mail & Guardian described as the 1st French company listing in Johannesburg, while Forbes Africa said the exchange's market capitalization topped $1.5 trillion after the deal. In banking, Nedbank rolled out AI-driven quick loans with Jumo to widen credit access, according to ITWeb, TechCentral, TechCabal and Sunday World. On governance, Absa's June 3 AGM failed to pass a resolution on non-executive director pay, IOL reported.