Friday | 15 May 2026
Quick view | Selected indices
Cumulative returns
Indicators
CLOSING
1D%
1M%
6M%
YTD%
1Y%
5Y%
All Share
117,362.4
-0.02%
-2.03%
4.81%
1.32%
26.91%
76.22%
Top 40
109,680.9
-0.09%
-2.02%
4.90%
1.58%
29.16%
81.07%
Financial 15
25,136.3
1.70%
-2.18%
6.59%
1.06%
20.69%
98.15%
Industrial 25
128,719.8
-0.08%
-1.02%
-11.20%
-7.09%
-4.32%
54.57%
Resource 10
135,362.5
-1.44%
-3.41%
22.02%
9.47%
104.22%
95.09%
Mid Cap
110,495.1
0.19%
-2.99%
4.22%
-2.64%
21.18%
53.15%
Small Cap
108,043.0
1.09%
-0.91%
4.26%
0.09%
20.31%
91.29%
ALBI
1,402.3
0.47%
0.39%
4.57%
1.65%
22.92%
79.15%
STeFI
655.3
0.02%
0.54%
3.38%
2.47%
7.17%
39.17%
Discovery funds | Selected funds
Annualised returns
1Y%
3Y%
5Y%
Expected corporate releases | Selected items
CODE
TYPE
DATE
Newpark REIT
NRL
Final
15 May
Equites Property Fund
EQU
Final
15 May
Collins Property Group
CPP
Final
15 May
2025 vs 2026
5-year normalised % performances
Equities | JSE All Share companies
Cumulative returns
Best one-day % performance
CLOSE
1D%
YTD%
1Y%
Pick n Pay Stores Ltd PIK
2220
8.13%
-10.84%
-16.73%
Datatec Ltd DTC
7603
5.16%
-3.82%
20.30%
Alexander Forbes Grp Hldgs AFH
816
4.62%
4.62%
-9.33%
Grindrod Ltd GND
2387
3.78%
40.41%
85.47%
Truworths Int Ltd TRU
5133
3.18%
-9.84%
-32.61%
Worst one-day % performance
CLOSE
1D%
YTD%
1Y%
Karooooo Ltd KRO
72051
-9.76%
-7.92%
-10.50%
Impala Platinum Hlgs Ltd IMP
26119
-4.85%
-0.31%
140.29%
Thungela Resources Ltd TGA
13024
-3.74%
35.67%
47.41%
ASP ISOTOPES INC. ISO
10190
-3.46%
4.51%
%
Valterra Platinum Ltd VAL
146564
-3.33%
3.98%
137.93%
Market update | Selected headlines
The JSE closed slightly weaker yesterday, with the All Share index down 0.02% at 117,362.40 points and the Top 40 easing 0.09% to 109,680.89 points. Sentiment remained cautious after Statistics South Africa reported that mining production rose 2.5% year-on-year in March, slowing from 9.7% in February and missing the 4.1% Reuters forecast. The softer data highlighted uneven domestic production momentum. President Cyril Ramaphosa also removed Sisisi Tolashe as social development minister.
Gold fell to its lowest level in more than a week on Friday and was set for a weekly decline as higher energy prices reinforced inflation concerns and reduced expectations for near-term rate cuts. Oil prices rose more than 1% after President Trump said China wanted to buy US oil, while supply risks persisted around the Strait of Hormuz. Geopolitical tensions remained elevated after a ship was reportedly seized near the United Arab Emirates, keeping investors focused on regional shipping security.
The rand weakened against a stronger US dollar on Thursday as investors awaited the outcome of high-level talks between President Donald Trump and Chinese President Xi Jinping in Beijing. The dollar strengthened further on Friday and was set for its biggest weekly gain in more than two months, supported by inflation concerns linked to higher energy prices and shipping disruptions. Sterling also came under pressure as UK political uncertainty deepened following Wes Streeting’s resignation, while UK government bonds retained recent gains.
Normalised % performances comparison
In the news | Selected items
Karooooo delivered solid FY2026 results, underpinned by continued growth in Cartrack subscribers and higher recurring revenue. Cartrack’s subscriber base increased 16% to 2.66 million, with record net additions of 359,986, while group subscription revenue rose 19% to R4.84 billion. Karooooo Logistics delivered 29% DaaS revenue growth to R540 million. Group operating profit increased 8% to R1.42 billion, with EPS up 8% to R32.17 and adjusted EPS rising 3% to R32.55. However, Cartrack’s operating margin narrowed to 28% from 31%, reflecting higher sales capacity and acquisition-related costs.
KAL Group reported a stronger first-half performance for the six months ended 31 March 2026, supported by revenue growth, improved profitability and a stronger balance sheet. Revenue rose 5.0% to R11.36 billion, while gross profit increased 8.8% to R1.81 billion. EBITDA advanced 7.7% to R599.7 million, with EPS up 30.3% to 513.87 cents. HEPS increased 12.5% to 441.36 cents, while recurring HEPS rose 15.1%. Net cash from operating activities improved to R575.2 million, while net interest-bearing debt to equity declined to 32.9%. The interim dividend was raised 25.0% to 70.00 cents per share.
Quick view | Selected indices
Cumulative returns
Indicators
CLOSING
1D%
1M%
6M%
YTD%
1Y%
5Y%
S&P 500
7,501.24
0.77%
7.66%
11.39%
9.58%
27.30%
79.72%
Eurostoxx 50
5,921.00
1.44%
-1.05%
3.94%
2.24%
10.37%
46.63%
FTSE
10,372.93
0.46%
-2.23%
6.96%
4.45%
20.83%
47.27%
Nikkei 225
62,654.05
-0.98%
8.25%
24.37%
24.46%
64.33%
123.09%
Brent Crude
106.61
0.94%
12.10%
65.90%
75.03%
62.00%
54.91%
Gold
4,651.89
-0.79%
-3.92%
13.90%
7.73%
46.40%
152.27%
Bitcoin
81,004.92
1.16%
8.65%
-14.86%
-8.12%
-22.31%
63.59%
Ethereum
2,306.92
1.53%
-0.97%
-27.23%
-22.97%
-10.87%
-42.54%
Discovery funds | Selected funds
Annualised returns
1Y%
3Y%
5Y%
In the news | Selected items
Applied Materials delivered stronger-than-expected second-quarter results and guided ahead of Wall Street forecasts, supported by sustained AI-related semiconductor investment. The chip-equipment supplier expects third-quarter revenue of about US$8.95 billion, above consensus of US$8.09 billion, while adjusted EPS guidance of US$3.36 also beat expectations of US$2.88. Second-quarter revenue reached US$7.91 billion, ahead of forecasts, with adjusted EPS of US$2.86 also beating estimates. Demand remains supported by data centre and AI infrastructure spending, as chipmakers including TSMC and Samsung expand capacity. Applied expects strong semiconductor equipment and packaging growth in 2026.
Honda Motor reported its first annual loss since listing in 1957, after heavy electric-vehicle restructuring costs forced a reset of its long-term strategy. The group posted an operating loss of ¥414.3 billion for the year ended March, compared with a ¥1.2 trillion profit a year earlier, after booking ¥1.45 trillion in EV-related losses. Honda scrapped its 2030 EV sales target and suspended its planned US$11 billion Canada EV project. Shares still rose after the company pledged at least ¥800 billion in shareholder returns over three years.
1-Year performances
5-Year normalised % performances
Interest rates | Selected rates
DATE CHANGED
CURRENT
PREVIOUS
United States
Dec '25
3.50% - 3.75%
3.75% - 4.00%
United Kingdom
Aug '24
4.00%
4.25%
European
Jun '25
2.15%
2.40%
SA Repo Rate
Nov '25
6.75%
7.00%
SA Prime Rate
Nov '25
10.25%
10.50%
10-Year bond yields | Selected indicators
YIELD %
ONE DAY
ONE MONTH
ONE YEAR
4.52%%
5
27
-2
4.99%%
-7
21
28
3.04%%
-6
2
34
2.71%%
14
30
126
8.67%%
-5
26
-178
Economic calendar | Selected events and releases
Today's events and releases
TIME
PERIOD
EXP.
PREV.
ECB Economic Bulletin EU
10:00
---
---
---
Empire State Manufacturing Index US
14:30
---
730.00%
1100.00%
PREVIOUS SESSION'S RELEASED AREA
TIME
PERIOD
EXPECTED
ACTUAL
Previous session's released data
TIME
PERIOD
EXP.
PREV.
Core Retail Sales m/m US
14:30
---
0.70%
0.70%
Retail Sales m/m US
14:30
---
0.50%
0.50%
Market update | Selected headlines
European equities closed higher on Thursday, with the STOXX 600 rising 0.8% to 616.05 points, its strongest level in a week, supported by broad-based gains and technology strength. Sentiment remained cautious as investors monitored US-China talks. In the UK, Wes Streeting’s resignation as health minister increased political uncertainty around Prime Minister Keir Starmer. Policy risk also remained in focus after ECB chief economist Philip Lane warned that rate hikes may be needed to contain inflation. UK GDP rose 0.3% in March.
US equities advanced on Thursday, supported by renewed strength in technology shares as investors assessed economic data and monitored high-level US-China talks in Beijing. All three major indices closed higher, with the S&P 500 and Nasdaq reaching fresh record closing highs. Focus centred on President Trump’s meeting with Chinese President Xi Jinping, attended by senior business leaders. Retail sales met expectations, helped by higher petrol prices linked to the Iran war, while import prices rose sharply, reinforcing concerns over energy-driven inflation and delayed Fed rate cuts.
Asia-Pacific markets traded lower this morning, with South Korea’s Kospi retreating after moving above 8,000 to a fresh record high. In Japan, wholesale inflation accelerated in April at its fastest pace in three years, as higher oil and chemical prices linked to the Iran war intensified cost pressures. The data strengthened expectations that the Bank of Japan could raise rates as early as June. Japanese officials said G7 finance chiefs are likely to discuss bond market volatility, while Australian LNG strike risks added pressure.
Normalised % performances comparison