A sharp split defined the Johannesburg Stock Exchange on Tuesday, August 4, 2026: precious-metals names powered the market higher while energy-linked stocks absorbed the hit from falling oil. Sibanye Stillwater jumped 5.8% to 39.1 ZAR as platinum surged 8.4% to $1,753.4/oz and palladium climbed 7.9% to $1,349.5/oz, even as Brent crude dropped 5.1% to $79.53 a barrel.
That divergence was enough to lift the JSE All Share Index to 114,256.28, up 1.40%, while the Top 40 gained 1.56% to 106,201.46. Market breadth was constructive rather than euphoric, with 29 advancers, 23 decliners and 1 unchanged out of 53 tracked stocks, showing a rally broad enough to matter but still heavily shaped by heavyweight miners, banks and technology counters.
Key figures
- JSE All Share: 114,256.28 (+1.40%)
- Sibanye Stillwater: 39.1 ZAR (+5.8%)
- Platinum: $1,753.4/oz (+8.4%)
- Brent crude: $79.53/bbl (-5.1%)