Top 40 jumps 2.68% as Absa highlights capital strength
The JSE Top 40 rose 2.68% to 108462.93 on Aug. 19, while the JSE All Share gained 2.41% to 116051.14. Absa Group said it expects its annual CET1 ratio at the top end of the board target range, according to TradingView, after FXLeaders reported an 8% increase in headline earnings. FXLeaders added that Absa's share price stagnated and that 2026 ROE guidance was cut to 15%. On the corporate front, Nedbank CIB helped structure financing for Harmony's international growth, Engineering News reported.
Related stories
COMBINED MOTOR HOLDINGS LIMITED - Transaction whereby CMH Management (Proprietary) Limited, a subsidiary of CMH, will acquire certain rental enterprises from related directors of CMH, for a total cash consideration of R745 000 000, being a Category 2 rela
Johannesburg Stock Exchange — DRDGold Jumps 11.1% as Gold and Platinum Ignite Miners
DRDGold surged 11.1% on Wednesday as gold climbed to $4,553.3 and platinum to $1,815.8. The precious-metals rally lifted the Top 40 by 2.68% and put miners at the center of trading on the JSE.
QUILTER PLC - Notification of transactions by Persons Discharging Managerial Responsibilities