JSE jumps more than 4% as Top 40 leads broad-based rebound

The JSE All Share rose 3.9632% to 119524.15 on April 8, while the Top 40 added 4.1619% to 111664.95. The move came after the exchange had been scheduled to close on Friday April 3 and Monday April 6, according to ZAWYA. On the corporate side, Sibanye-Stillwater stayed in focus after West Wits poured first Qala Shallows gold at the Ezulwini plant on April 2, reported Mining Weekly, while TipRanks said the same day that an executive had increased exposure to the stock. Corporate flow also included Absa Group's April 7 appointment of Sitoyo Lopokoiyit as chief executive of Personal and Private Banking, according to Tech Review Africa, alongside 7 listing or additional securities notices and 2 financial instrument announcements published on April 8.