Sanlam, one of the JSE’s major financial names, has risen 1.5% over the last 5 trading sessions, moving from 84.34 ZAR to 85.60 ZAR, even as Afrivestia’s internal signal remains at -0.438, classified as *Strong Sell*. That tension is the key takeaway on 29 July 2026: the stock is not breaking down, but it is not confirming a clean upside turn either, with an RSI of 44.61 still pointing to momentum below a convincing strength threshold.
Key figures
- SLM: 85.60 ZAR latest indicated price
- 5-day performance: +1.5%
- Internal signal: -0.438 (*Strong Sell*)
- RSI: 44.61
- Dividend yield: 5.20%
JSE today: index gains masked a narrower market
On the JSE today, the JSE All Share closed at 110,440.34, up 0.30%, while the JSE Top 40 added 0.22% to 102,328.05. But market breadth was weaker than the headline indices suggest, with only 23 stocks up against 30 down out of 53 tracked names. In other words, the market rose, but participation was thin.