STINM - Notification of change of auditor

Johannesburg Stock Exchange — PIK Jumps 3.1% as JSE Drops 1.34% and Commodities Reshape Trade

PIK rose 3.1% to ZAR 19.34 on Tuesday, defying a 1.34% drop in the JSE All Share. Higher oil at $88.51 and gold at $4,439.2 supported resource-linked names, but losses in MTN, Naspers and banks dragged the broader index lower.

JSE falls 1.34% as Nedbank and Sibanye drive the session

The JSE All Share fell 1.34% to 115942.72 on Aug. 11, while the Top 40 dropped 1.38% to 108085.6. Nedbank dominated the flow with first-half profit described as flat to slightly higher by Moneyweb, EWN and Business Day, while its AI strategy has unlocked 375 million rand in value, according to ITWeb, and the group wants to invest $842 million in NCBA to deepen its East Africa push, according to Dabafinance and The Asian Banker. Sibanye-Stillwater completed its 1.4 billion rand acquisition of Metallix Refining, while BlackRock increased its stake, reports GuruFocus. On the primary market side, the JSE listed the Benguela AI fund on Aug. 7, according to Africa Business Communities, while Dangote could consider a South African listing after the planned $5 billion IPO of its Nigerian refinery, according to Business Insider Africa.

Johannesburg Stock Exchange — OMU Slides 6.5% in 5 Days Despite 6.98% Yield

OMU fell 6.5% over five sessions to 12.75 ZAR as South African equities dropped 1.34% on August 11, 2026. The decline came amid broad selling in financials, with Sanlam down 2.2% and Standard Bank off 2.8%, despite OMU’s 6.98% dividend yield.