JSE up 0.31% despite telecom sector headwinds
JSE All Share rose 0.31% to 110,804.74 points while Top 40 gained 0.26% to 102,883.05 points. Blue Label Telecoms faces sector headwinds amid South African telecom pullback according to Ad Hoc News. Corporate activity remained active with interest payment notifications and listing of 500,000 10X Wealth Next 40 ETF securities.
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JSE Top 40 falls 0.85% as Datatec and Netcare stay in focus
The JSE Top 40 fell 0.85% to 105,378.37 on May 22, while the JSE All Share lost 0.73% to 113,215.96. Datatec stayed in focus after a recent share-price move, according to AD HOC NEWS, while Netcare updated investors after a recent trading statement, AD HOC NEWS reported. Outside South Africa, Business Daily said NCBA staff are set to receive KSh1.9 billion in shares after Nedbank's buyout. In corporate filings, Richemont published its FY26 annual report, Quantum Foods released half-year results to March 31, 2026 with a dividend, and Hyprop Investments announced the acquisition of Galleria Burgas.
PUTPROP LIMITED - Disposal of Montana Park
FRII - Interest Payment Notifications