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.