Naspers [JSE:NPN] gained 0.81% to close at R3001.63.  The success of Naspers has driven the industrial index to a gain of 0.60%.   The push in Naspers is entirely driven by its interest in Chinese media company Tencent.

Bidcorp [JSE:BID] slipped 2.26% to R300.33 after delivering a 9.4% rise in full-year headline earnings per share (HEPS).  On a constant currency basis, when converted to rands, HEPS rose 19% - as operations span across Australasia, UK, Europe and emerging markets. 

At the close of the session, the All Share Index gained 0.76% while the blue-chip Top40 gained 0.74% due to a higher weighting of Naspers.

Among financials, Sanlam jumped 3% to R72.42, Old Mutual 1.69% to R35.44 and Discovery 1.45% to R148.55

Steinhoff [JSE:SHF] fell 9.81% and closed at 59.59 following a massive sell-off in the dual-listed retailer.  The collapse in share price was due to an announcement that German prosecutors are investigating Steinhoff CEO Markus Jooste in connection with suspected accounting fraud. Steinhoff faced similar reports of investigations from the German tax authorities shortly after listing on the Frankfurt exchange.

Massmart [JSE:MSM] gained 0.13% to R125.00 per share as the business reported a marginal rise in earnings. The company has struggled to considerably grow revenue for the last few years, and has blamed shrinking disposable income of consumers.  

At the close of the JSE, the S&P500 was marginally lower by 0.15%.  Monetary policymakers from around the world are gathering in Jackson Hole for the Federal Reserve's annual summit on economic policy. Janet Yellen is preparing for what could be her final visit as Fed Chair, while Mario Draghi could offer clues as to when the ECB will begin to taper QE

Britain's economy grew as expected in the second quarter of 2017, but continued to experience a Brexit-based struggle, according to the Office for National Statistics. GDP expanded by 0.3% during the period, while annual growth was 1.7%. However, business investment held steady, while household spending rose 0.1%, its weakest since the end of 2014.