Top 40 slips 1.0% despite CANAL+ debut and Sibanye's 8.7% jump

The JSE Top 40 fell 1.0045% to 106955.68 on June 18, while the All Share lost 0.8852% to 114997.71. CANAL+ launched on the JSE on June 16, reports African Law & Business, adding a fresh corporate listing in a weaker session. Sibanye Stillwater had jumped 8.7% on June 16, but the stock looks overvalued with a GF Score of 60/100, according to GuruFocus. On governance, Absa Group's non-executive director remuneration resolution failed at its AGM, according to IOL.