
JSE falls 1.4% despite momentum from CANAL+'s landmark listing
The JSE All Share fell 1.3823% to 109593.41 on June 10, while the Top 40 dropped 1.4826% to 101656.21. In the backdrop, CANAL+ debuted on the exchange on June 3 as the first French company to list in Johannesburg, a move described as historic by Mail & Guardian and CNBC Africa, while Forbes Africa said the JSE's market capitalization topped $1.5 trillion after the listing. Moneyweb reported a strong CANAL+ debut, while Business Post Nigeria said the group is eyeing a MultiChoice turnaround. On the corporate front, Nedbank launched AI-powered quick loans with Jumo to widen credit access, according to Business Day, TechCentral, TechCabal and ITWeb, while IOL reported Ethos Capital wants to list its shares on the JSE.
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The JSE All Share fell 2.16% to 114980.89 on Aug. 12, while the Top 40 slipped 0.81% to 107214.4. Shoprite published an operational update on Aug. 12 for the 52 weeks ended June 28, 2026, according to the company and JSE filings. Vodacom announced board and committee changes on Aug. 12, TechCentral reported, alongside a JSE directorate notice. Nedbank wants to invest $842 million in NCBA to deepen its East Africa push, according to Dabafinance.
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