Staff Writer
The FTSE/JSE all share index declined during the 18 to 22 May 2026 review period, reflecting weakness across South African equity markets.
The index fell by 2.40% to close at 113 215.96 points from the previous close of 114 544.37.
Despite the weekly decline, the market remained above its December 2025 base level of 115 832.00. However, it traded closer to its 2026 low of 110 070.23 and below the year’s high of 128 455.68.
The broader overall index (N098) recorded stronger performance, rising by 0.22% to close at 2,299.58 from 2,289.58 in the previous session.
The index has increased by 6.92% since December 2025 and traded within a 2026 range of 2 070.30 to 2,408.59.
The local index (N099) also gained 0.22% to close at 837.80.
The index has risen by 3.62% since December 2025 and ended the period at its highest level for 2026, showing stable performance in the domestic market.
Sector performance remained mixed during the week.
Telecommunications (N15) increased by 0.18% to 302.93 and has gained 1.08% since December 2025.
Financials (N30) declined by 1.26% to 708.67, extending its year-to-date decline to 2.32%.
The sector continued to trade below its 2026 high of 789.36.
Real Estate (N35) also declined, falling 1.35% to 2 560.33.
The sector has declined by 5.58% since the start of the year and remains below earlier 2026 highs.
Consumer Discretionary (N40) fell by 1.05% to 2 384.06, extending year-to-date losses to 10.75%, making it one of the weaker-performing sectors this year.
Consumer Staples (N45) recorded gains of 0.18% to close at 1 433.78 and has increased by 7.90% since December 2025.
Basic Materials (N55) recorded the biggest decline during the week, falling 5.16% to 862.95.
Despite the drop, the sector remains up 21.96% year-to-date after earlier gains during the year.
Utilities (N65) remained unchanged at 1 084.09 and continued to trade within a narrow range slightly below its December 2025 level.
The week reflected weaker regional equity market performance, especially in South Africa, while the local market remained relatively stable.
