JSE ends flat after CANAL+ debut and Nedbank's AI lending push

The JSE Top 40 rose 0.0663% to 103185.99 and the All Share added 0.0357% to 111129.58 on June 9, as listing activity and financial-sector product launches set the tone. CANAL+ debuted in Johannesburg on June 3 and became the first French company to list on the JSE, a move described as historic by Mail & Guardian and CNBC Africa, while Forbes Africa said the exchange's market capitalization topped $1.5 trillion after the listing. Moneyweb reported a strong CANAL+ market debut, while Business Post Nigeria said the group is still eyeing a MultiChoice turnaround, preserving the conditional nature of that plan. In banking, Nedbank launched AI-powered quick loans with Jumo, according to Business Day, ITWeb and TechCabal, to reach excluded borrowers, while IOL reported Ethos Capital plans to list and an Absa AGM resolution on non-executive director pay failed.