JSE slips as Canal+ sets June 3 listing date

The JSE Top 40 fell 0.55% to 105999.5 on April 29, while the All Share lost 0.47% to 113865.92. Canal+ set June 3 for its Johannesburg listing as MultiChoice revenue continues to decline, according to Advanced Television, Deadline and TV with Thinus. South Africa plans an exchange-control overhaul to attract billions of dollars in investment, Reuters reported, while Business Insider Africa cited a $607 billion target. In stocks, Gold Fields jumped 5% on strong earnings on April 27, according to FXLeaders, while Sibanye-Stillwater featured in reports on palladium applications, its Finland lithium mine and JPMorgan raising its stake, according to Mining Review Africa, MSN and Bitget.