
LABAT AFRICA LIMITED - Acquisition Of The Additional 24.45% Of Classic International (Pty) Ltd
Related stocks
Related stories
JSE slips 0.9% as Absa posts 8% HEPS growth
The JSE All Share fell 0.88% to 116,712.04 on Aug. 24, while the Top 40 lost 0.90% to 109,389.61. Absa reported 4% revenue growth in H1 2026 and an 8% rise in headline earnings, while its 2026 ROE guidance was cut to 15%, according to Africa Business Communities and FXLeaders. The lender also said it expects its annual CET1 ratio at the top end of its board target range, after receiving a $15.5 million dividend ahead of a higher stake in its Kenyan unit, according to TradingView and The Africa Report. On market structure, the JSE expanded its actively managed ETF segment with 1 new income-focused listing, while Aug. 24 notices flagged the listing of SBEN96, additional ABAM1 certificates and additional SATRIXTRA securities, according to Africa Business Communities and exchange filings.
Johannesburg Stock Exchange — OMU Falls to 12.47 ZAR After a 3.1% Five-Day Slide
Old Mutual fell 1.8% on Monday to 12.47 ZAR, extending its five-day decline to 3.1%. With the JSE down 0.88%, the stock pairs a 7.14% dividend yield with a 40.97 RSI and a negative technical signal as South African financials also weakened.
SABVEST CAPITAL LIMITED - Investment by Sabcap in Frogfoot, Vox and Hypa