JSE drops 1.4% despite Capitec's 23% profit jump

The JSE All Share fell 1.37% to 116449.09 points and the Top 40 lost 1.47% to 108579.26 points on April 23. Capitec posted a 23% profit increase, driven by stronger South African lending, according to News Ghana. The same source said Capitec is eyeing international growth after the record 23% rise, without announcing any confirmed transaction. Corporate flow also included Clicks' unaudited interim results, Cashbuild's third-quarter operational update and Valterra Platinum's first-quarter production report, according to JSE filings.