JSE falls 1.4% despite momentum from CANAL+'s landmark listing

The JSE All Share fell 1.3823% to 109593.41 on June 10, while the Top 40 dropped 1.4826% to 101656.21. In the backdrop, CANAL+ debuted on the exchange on June 3 as the first French company to list in Johannesburg, a move described as historic by Mail & Guardian and CNBC Africa, while Forbes Africa said the JSE's market capitalization topped $1.5 trillion after the listing. Moneyweb reported a strong CANAL+ debut, while Business Post Nigeria said the group is eyeing a MultiChoice turnaround. On the corporate front, Nedbank launched AI-powered quick loans with Jumo to widen credit access, according to Business Day, TechCentral, TechCabal and ITWeb, while IOL reported Ethos Capital wants to list its shares on the JSE.