JSE slips 1% as bourse declares special dividend
The JSE All Share fell 0.99% to 114967.7 on April 7, while the Top 40 dropped 1.04% to 107203.32. The decline follows news that the JSE declared a special dividend and posted growth as CEO Leila Fourie stepped down, according to Business Report. ZAWYA reported on April 3 that South Africa's main stock exchange would be closed on Friday and Monday. Sibanye-Stillwater also stayed in focus after an officer bought 10,000 ADS on March 31, according to Stock Titan, while TipRanks reported the same day that the stock surged on a metals rebound and said on April 2 that an executive had doubled down on the shares.
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JSE slips 0.5% as Averi targets Johannesburg listing
The JSE All Share fell 0.51% to 114052.91 points and the Top 40 lost 0.62% to 106285.37 points on May 21. On the deal front, Dubai-based Averi is targeting a Johannesburg listing through a South African reverse takeover, according to EnterpriseAM. In company news, Nampak issued a trading statement for the period ended March 31, 2026, while Zeder Investments finalised its special dividend announcement, according to May 21 market notices. News flow also highlighted earnings updates at Bidvest, Nedbank, OUTsurance, Blue Label Telecoms and City Lodge Hotels, while Impala Platinum stayed in focus as the broader market weakened, according to AD HOC NEWS.
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