Canal+ debuts on JSE as Top 40 slips 0.96%

The JSE Top 40 fell 0.96% to 105239.49 and the All Share lost 0.89% to 112987.06 on June 3. Canal+ began trading on the Johannesburg Stock Exchange in a secondary listing on June 3, in a move described as the first by a French company on the bourse, according to CNBC Africa, Telecompaper and TechAfrica News. The stock posted a strong debut after the MultiChoice deal, according to Moneyweb, while Mail & Guardian called the listing a historic moment for the exchange. Away from the listing, Absa Group saw 1 non-executive director pay resolution fail at its AGM, according to IOL, and Sibanye Stillwater agreed to guarantee environmental and supplier contracts for Keliber Technology Oy, TradingView reported.