JSE drops 1.73% amid CEO changes and new listings

JSE All Share closed at 114,924.21 points, down 1.73%, while the Top 40 fell 1.83% to 107,285.27. Woolworths Holdings appointed a new CEO per Inside Retail Australia, and Remgro sold R4.9 billion worth of FirstRand shares reports Windhoek Observer. Canal+ signaled a secondary JSE listing according to TechAfrica News, and South Africa's first actively managed China-focused ETF was listed per african markets.