JSE slips as Nedbank posts slightly higher first-half profit
The JSE All Share fell 0.245% to 115132.95 on Aug. 6, while the Top 40 lost 0.3227% to 107030.5. Nedbank reported slightly higher first-half profit, while broadly flat interim earnings were paired with a more upbeat view on second-half banking conditions, according to Moneyweb and Business Day. The lender also said its AI strategy unlocked R375 million in value, ITWeb reported. In the background, the JSE is targeting a secondary listing for Dangote Refinery after a planned Nigeria IPO, businessday.ng reported, while The Asian Banker said Nedbank is advancing its NCBA acquisition as Tanzania's CRDB posted 20% profit growth.
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Johannesburg Stock Exchange — Sappi Jumps 6.9% as JSE Slips and BAT Unveils Management Changes
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Amendment to the Pricing Supplement
COMPAGNIE FINANCIÈRE RICHEMONT SA - Disclosure of management transaction