JSE rises 1.5% as Sibanye jumps and ETF lineup expands

The JSE All Share rose 1.467% to 114067.56 on March 31, while the Top 40 added 1.566% to 106291.91. Sibanye Stillwater surged on March 31 on a metals rebound, according to TipRanks, after several insider purchases disclosed between March 25 and March 31, including 35000 shares bought at $2.70 by the CFO, according to Stock Titan. The exchange also broadened its product range with the March 25 listing of an AI-focused actively managed ETF, according to African Markets and Africa Business Communities. On the corporate front, the bourse reported growth and a special dividend on March 30, while CEO Leila Fourie is stepping down, according to IOL. In the background, Nedbank warned on March 26 that an oil shock could reignite inflation as the rand weakens, Business Day reported.