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JSE:SBK 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

South African stocks slipped on Wednesday. By 11:15 a.m. SAST, the JSE All Share had dropped 0.28% to 114,081, while the Top 40 index lost 0.36%, settling at 106,199, according to JSE data. The Top 40 measures the performance of the exchange’s 40 largest firms by investable market value. The timing was significant with investors already on edge. The rand edged down in early deals, tracking 16.5550 against the dollar by 0618 GMT—off around 0.2% from its last close, Reuters reported, as traders braced for the U.S. Federal Reserve’s rate call and weighed the economic drag from the Iran war and faltering peace moves.

Stock Market Today

  • Geiger Counter Ltd Buys Back 19,069 Shares at 63.95p Each
    July 1, 2026, 4:59 AM EDT. Geiger Counter Ltd repurchased 19,069 ordinary shares on June 30, 2026, paying an average of 63.95 pence per share. That price is about a 7% discount to fully diluted value. The company said the shares go into Treasury as part of an ongoing program. Since March 11, 2026, the group has repurchased 7,392,222 shares under the plan. After this buyback, Geiger Counter has 173,641,396 ordinary shares outstanding, with 118,410,966 voting shares and 55,230,430 in Treasury. The company said the buybacks are meant to keep capital structure and shareholder value on track.
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