JSE Ltd Eyes 12,965 Rebound as Rand Steadies and Stanlib Bets on East Africa

By: fxleaders|2025/05/06 21:45:02
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JSE Ltd is trading at 12,706, at the bottom of the rising channel that has been in play since early April. Despite the pressure, it’s above the 50-period EMA at 12,648 which could be a short-term support that will attract dip buyers. A bounce from here could see 12,965 and potentially 13,246 if momentum returns. But technical momentum is fading. The MACD histogram is red and the signal line is trending down, so bearish pressure may still be building. For traders this is a classic setup with clear risk and reward zones: Wait for a clear candle close before entering. Rand Flat as Traders Wait for PMI The rand is flat at 18.2750 against the dollar today. It rebounded 1% earlier in the week after the dollar softened and power grid expectations improved. Now investors are waiting for the S&P Global April whole-economy PMI. A rebound in this data will be welcome after the recent decline in manufacturing sentiment. The PMI will give more insight into the South African business environment as global trade uncertainty and domestic political questions persist. Stanlib Targets 5.3% East Africa Growth for Diversification As South Africa’s growth slows, Stanlib, the country’s second-largest asset manager, is looking beyond its borders. CEO Derrick Msibi confirmed the firm is expanding into Kenya and Uganda where growth is expected to be 5.3% – much higher than Southern Africa’s 3%. Stanlib wants to be one of the top six asset managers in Kenya within three years, an ambitious but timely strategy to diversify and capture emerging market growth. It’s a trend among South African firms to seek resilience through regional diversification. Conclusion The JSE FTSE All Share is range bound but technically weak. The rand stability and Stanlib’s East Africa move is a bit of a counterweight to the worries. For JSE Ltd 12,648-12,740 is key—above this support and we could see a new up move.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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