
JSE slips 0.34% as bank and services updates drive the session
The JSE All Share fell 0.34% to 115426.89 on May 27, while the Top 40 lost 0.42% to 107510.04, with corporate updates setting the tone. Nedbank flagged solid capital and a dividend after its 2025 results, while Capitec highlighted growth amid risks, according to AD HOC NEWS and TipRanks. Bidvest, OUTsurance, Blue Label Telecoms and Netcare also stayed in focus on earnings and trading updates, while City Lodge signaled an ongoing recovery in South African travel, AD HOC NEWS reported. On deal flow, Averi is targeting a Johannesburg listing through a South African reverse takeover, EnterpriseAM reported, while NCBA staff are set to receive KSh1.9 billion in shares after the Nedbank buyout, according to Business Daily.
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