Today: 23 June 2026
Browse Category

JSE:FSR 7 March 2026 - 29 April 2026

South Africa Stock Market Today: JSE Slips as Rand Wobbles Before Fed Decision

South Africa Stock Market Today: JSE Slips as Rand Wobbles Before Fed Decision

The JSE All Share fell 0.28% and the Top 40 dropped 0.36% by late morning Wednesday as investors reduced risk ahead of the U.S. Federal Reserve decision. The rand weakened to 16.5550 per dollar, pressured by high oil prices and global uncertainty. Richemont, Gold Fields, and AngloGold Ashanti declined, while banks gained modestly. Canal+ confirmed plans to list in Johannesburg on June 3.
29 April 2026
·········
JSE slides nearly 10% for the week as oil spike and risk-off hits South African stocks

JSE slides nearly 10% for the week as oil spike and risk-off hits South African stocks

The JSE All Share index closed the week down 9.2% after hitting a record high, as global risk aversion and rising oil prices drove investors to the dollar. The rand weakened to 16.72 per dollar and the 2035 bond yield jumped to 8.435%. FirstRand posted an 11% rise in half-year earnings. The JSE publicly censured Mantengu for failing to issue a required cautionary announcement.
7 March 2026
··

Stock Market Today

  • Apple Holds Steady Near $297 Despite Big Tech Sell-Off, Focus Shifts to Price Hikes
    June 22, 2026, 6:41 PM EDT. Apple's stock slipped 0.3% to $297.01 on Monday but outperformed the Nasdaq which fell 1.32%. The tech giant faces rising memory and storage costs amid DRAM shortages and may increase prices, as CEO Tim Cook acknowledged unavoidable hikes. Apple dominates premium smartphone segments, helping its pricing power. BofA Securities maintained a Buy rating with a $380 target, anticipating $100 price increases for Pro models and margin pressure. Intel partnership offers future chip supply options but won't relieve current memory constraints. Risks remain if elevated prices reduce sales, warned Deutsche Bank. Market watchers await Micron Technology's earnings for insights on memory prices and supply amid ongoing chip shortages.

Latest articles

Nexentis Soars 156% on AI Drug Discovery Plans, Shares Fall After the Bell

Nexentis Soars 156% on AI Drug Discovery Plans, Shares Fall After the Bell

23 June 2026
Nexentis Technologies shares soared 155.91% to $13.00 on massive volume after announcing an AI drug-discovery partnership and a $2.9 million stock-and-warrant financing at $7.056 per share, but fell 26.15% after hours as investors weighed the promise of new research against dilution risk and a going-concern warning.
Grab Stock Falls Again as Traders Question Profitability

Grab Stock Falls Again as Traders Question Profitability

23 June 2026
Grab shares slid 2.24% to $3.49 despite first-quarter revenue jumping 24% and record adjusted EBITDA, as investors weighed a $500 million buyback and AI push against surging incentives and fuel costs; the stock is down 30% this year, trading near its 52-week low, with the market still skeptical about Grab’s profit turnaround.
Go toTop