Johannesburg, Jan 18, 2026, 16:07 SAST — Market closed

• After a steep drop on Friday in Johannesburg, Sasol is entering the new week with its U.S.-listed ADRs also showing declines.
• Near-term positioning is being influenced by a JPMorgan downgrade, fluctuations in oil prices, and shifts in the rand.
• Traders are zeroing in on the company’s next scheduled update later this week for clues on direction.

Sasol Limited’s shares on the Johannesburg Stock Exchange fell 11.8% Friday, closing at 101.91 rand. Its ADRs in New York dropped 11.75%, finishing at $6.31. The stock remains under close scrutiny as trading picks up again. (StockAnalysis)

Timing is crucial. Sasol plans to release its Q2 FY26 performance…