JSE falls 1.62% as Nedbank keeps 2026 targets unchanged

The JSE All Share fell 1.6178% to 109828.87 points and the Top 40 dropped 1.7938% to 101533.96 on June 24. Nedbank kept its 2026 earnings outlook unchanged despite geopolitical tensions and low GDP growth, and remains on track to meet full-year guidance, according to IOL and Business Day. In stocks, HAR slid 13.8% over 5 days, while Capital & Counties rose 3.6% despite the broader selloff, according to analyst notes. Away from the immediate tape, Sibanye-Stillwater outlined R20 billion of platinum project plans, according to Miningmx, while ABSA Group plans to raise its stake in its Kenya unit, CNBC Africa reported.