Today: 23 March 2026
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JSE:KAP 2 March 2026

Sasol share price jumps as oil spike shakes markets — what JSE investors watch next

Sasol share price jumps as oil spike shakes markets — what JSE investors watch next

Sasol shares jumped 5.6% in Johannesburg on Monday, following a 16% surge Friday, as Brent crude hit a 13-month high amid the Iran conflict. The stock reached a 52-week high of 163.55 rand before easing. The rand weakened 1.4% against the dollar. An arbitrator ruled against Sasol in an ethylene pricing dispute with KAP’s Safripol unit, with Sasol considering a court review.

Stock Market Today

  • Avista (AVA) Stock Near Fair Value Amid Recent Price Decline
    March 23, 2026, 4:42 AM EDT. Avista (AVA) shares have fallen 9.4% over 30 days but remain close to intrinsic value. The Dividend Discount Model (DDM) estimates Avista's fair price at $36.78 versus a recent close of $38.37, indicating around a 4.3% premium. The model factors in a dividend of $2.12, a return on equity of 7.1%, and a high payout ratio of 83%, which caps dividend growth at approximately 1.2% annually. Avista's 1-year return of 1.5% trails peers, reflecting sector sentiment shifts and regulatory updates impacting the integrated utilities space. On Simply Wall St's 6-point valuation scale, Avista scores 3 out of 6, signaling a mixed outlook. Investors should monitor valuation changes alongside market developments for timely decisions.
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