What is the market capitalisation of JSE?
In 2003 the JSE had an estimated 472 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of 31 December 2013, the market capitalisation of the JSE was at US$1,007 billion.
What is the new JSE trading system called?
JSE TradElect. The JSE's fully automated (electronic trading) trading system is called the Millennium Exchange, which replaced the JSE TradElect system in 2012, which in turn had replaced the JSE SETS system in April 2007, which had replaced the JSE JET system in May 2002.
What are the trading hours of the JSE?
It provides services to issuers for their investors in terms of the Companies Act and Securities Services Act (SSA), 2004. JSE's normal trading sessions are from 9:00am to 5:00pm on all weekdays except Saturdays, Sundays and holidays declared by the exchange in advance.
What is the history of the JSE?
History. Out of this the JSE was born on 8 November 1887. What immediately gave the JSE a clear advantage over exchanges such as Kimberley, Barberton, and, most importantly, London, was that listing of companies for a quotation on the Official List of the JSE was an easy and relatively cheap procedure.
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Where is the JSE Limited exchange located?
Johannesburg, South AfricaThe JSE Limited is the largest stock exchange in Africa. It is located in Johannesburg, South Africa. The stock exchange used to be known as the Johannesburg Stock Exchange. In 1886 gold was discovered on the Witwatersrand, a rocky ridge near Johannesburg in northeastern South Africa.
Is JSE based in Cape Town?
Set against the majestic Steenberg mountains, our Cape Town office is an ideal and professional venue for corporate meetings, seminars and events. Our events team is ready to provide you with support at any of the following JSE venues.
Is the JSE state owned?
'The JSE is 23% black-owned and 22% white-owned' - Moneyweb.
Is the JSE the only stock exchange in South Africa?
The JSE is the only exchange in South Africa, but legislation allows for other such exchanges to be created. In 1997, SENS (Stock Exchange News Service) was established with the aim of providing a more transparent, informative platform for investors. This has boosted investor confidence enormously.
What is the Cape Town stock exchange?
The Cape Town Stock Exchange (CTSE) is South Africa's stock exchange for small- and medium-sized businesses. We're aimed at growth companies looking to build up both the South African and broader African economies. We're also only one of two exchanges in the country with a licence to list both equity and debt.
How many stock exchanges are there in South Africa?
21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA).
Who regulates the JSE?
The JSE currently acts as the frontline regulator, setting listings requirements and enforcing trading rules, while the financial sector conduct authority (FSCA), supervises the JSE in the commission of its regulatory duties.
What country owns South Africa?
The country became a fully sovereign nation state within the British Empire, in 1934 following enactment of the Status of the Union Act. The monarchy came to an end on 31 May 1961, replaced by a republic as the consequence of a 1960 referendum, which legitimised the country becoming the Republic of South Africa.
Who started the JSE?
Benjamin WollanThe Johannesburg Stock Exchange (the JSE) was founded by Benjamin Wollan on 8 November 1887.
What is the main stock exchange in South Africa?
The JSEAbout the stock exchange The JSE is currently ranked the 17th largest stock exchange in the world by market capitalisation and the largest exchange in the African continent. The JSE was formed in 1887 during the first South African gold rush.
What does JSE mean?
JSE - Johannesburg Stock Exchange.
How many stocks are on the JSE?
Our financial aggregation has more than 800 listed securities and approximately 400 listed companies, together with 60 Equity market member firms.
Who is behind the Cape Town stock exchange?
TWK Agri Pty. will be the first company to trade on the Cape Town Stock Exchange, which was previously called 4 Africa Exchange Pty. before an overhaul that resulted in the bourse becoming a full-fledged stock exchange, according to Chief Executive Officer Eugene Booysen.
What type of market is JSE?
The JSE's Equity Market connects buyers and sellers interested in exposure to South African listed companies, dual listed companies from across the globe and a variety of listed products and has been in operation for more than 120 years. The JSE Equity Market consists of the Main Board and the AltX.
What is the biggest company in South Africa?
Largest companiesNameRevenue (2018)1Anglo American$27.6 billion2Sasol$14.8 billion3Shoprite Holdings$11 billion4MTN Group$10 billion14 more rows
Who regulates the JSE?
The JSE currently acts as the frontline regulator, setting listings requirements and enforcing trading rules, while the financial sector conduct authority (FSCA), supervises the JSE in the commission of its regulatory duties.