Today: 12 June 2026
Browse Category

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.
2 March 2026
···

Stock Market Today

  • SpaceX IPO Prices at $135, Space Stocks Soar Amid Historic $75 Billion Deal
    June 11, 2026, 10:57 PM EDT. SpaceX priced its historic IPO at $135 per share, raising $75 billion and valuing the company at $1.8 trillion, with an additional $11 billion greenshoe option. Shares of AST SpaceMobile, Rocket Lab, Redwire, and EchoStar jumped 5-11% in after-hours trading, boosted by optimism around the space sector. Cloudflare CEO Matthew Prince highlighted Matt Levine's theory that a 20% first-day price pop is "perfect," balancing investor reward and issuer proceeds. Retail investors submitted over $100 billion in orders, overpowering supply, as major sovereign wealth funds also participated. The IPO marks one of the largest and most heavily oversubscribed offerings, underscoring strong market demand and investor confidence in SpaceX.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
Go toTop