JSE ends flat as court targets 4 banks and Sibanye discloses share purchase

The JSE All Share rose 0.0385% to 110313.85 on June 30, while the Top 40 added 0.1% to 101936.15. The session was shaped by a top-court ruling on rand-manipulation allegations involving 4 banks, Absa, FirstRand, Nedbank and Standard Bank, according to businesstech.co.za. Nedbank also cleared 2 regulatory hurdles, from COMESA and EACCA, for its NCBA takeover, Billionaires.Africa reported. On the corporate side, Sibanye Stillwater's CFO bought 200000 ordinary shares, according to Stock Titan, while the company published an executive-director dealing notice on June 30.