With SABMiller out of the JSE Top 40, Naspers now accounts for roughly a fifth of the index – a risk for anyone tethering their savings to the index. Naspers trades on a price-earnings multiple of about 100, which is perilously close to
Browsing: JSE
Speaking after the JSE released interim results on Friday afternoon, CEO Nicky Newton-King said that the exchange is not opposed to new market entrants. This follows claims by potential new rival ZAR
The share price of Vodacom’s black economic empowerment scheme YeboYethu was down by nearly 5% on Thursday – with the telecommunication giant’s scheme marking its first day of trade on the JSE
YeboYethu, Vodacom South Africa’s black economic empowerment scheme created in 2008, began trading on the empowerment segment in the telecommunications sector of the JSE’s main board on Thursday. YeboYethu
The Financial Services Board said on Friday it is looking into a programming error that caused the JSE to miscalculate inflows into SA equities by R98bn. The JSE reported on Sunday that instead of foreigners
The JSE has played down an error that incorrectly represented foreign sellers of equities as net buyers of R98,1bn of local stocks. The JSE said that instead of foreigners investing a net R98,1bn in
A record run of recorded inflows into South African stocks were the result of a programming error, with foreign investors in fact selling more shares than they bought over the period, the country’s stock exchange said. Rather than spending
A former palaeoanthropologist with a fascination for statistics is now turning her attention to South Africa’s financial markets. Merrill van der Walt, who was recently appointed as “big data” analyst for central securities depository
Hoping to rival the JSE, newly licensed ZAR X will launch on 1 September with real-time settlement, it said on Wednesday. The announcement comes just days after the
Demonstrating just how much of an international business it has become, JSE-listed Naspers has announced that it will in future report all of its earnings in US dollars instead of rand