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JSE rises 1.1% as Sibanye advances on 2 fronts
The JSE All Share rose 1.05% to 109488.65 on July 9, while the Top 40 added 1.13% to 101317.16. Sibanye-Stillwater led the company narrative after the first phase of its secondary mining push received approval, according to Engineering News. The group also appointed Chapman as head of investor relations, African Mining Online reported. Separately, Sibanye-Stillwater said it would look to Africa for new gold output, while keeping the move at the review stage, according to Miningmx.
Johannesburg Stock Exchange — Telkom Jumps 4.9% as Mid-Cap Rotation Outruns a Split Market
Telkom rose 4.9% to 56.4 ZAR on Thursday, beating a JSE Top 40 gain of 1.13%. The move highlights rotation into domestic mid-caps as gold and platinum miners advanced, while heavyweight tech names dragged elsewhere.
ASPEN PHARMACARE HOLDINGS LIMITED - Proposed Succession and Board Composition Update