IPOs on the
JSE raised 25% more in 2016 than 2015 in US dollar terms because there were three relatively large listings, by Ethos, Dis-Chem and the Liberty Two Degrees real estate investment trust (REIT).
"As at 31 December 2013 the total market capitalisation was N$1.4 trillion, hopefully re-confirming the position of the NSX as the second largest exchange by total market capitalisation in Africa, after the
JSE," Matthews concluded.
The
JSE has made strides in addressing this constraint by aggressive marketing in developed markets and has succeeded in attracting a substantial number of foreign investors.
The yield on the four year bond ended the week slightly higher, adding 1 basis point to 7.55 percent, while that on the longer-dated 15 year debt fell 3.5 basis points to 8.465 percent, compared to Thursday's closes on the
JSE.
The
JSE, which has had partnered with the LSE since 2002, said the new engine will result in execution speeds that are 400 times faster than its current TradElect platform, also supplied by the LSE.
The
JSE all share index closed down 0.13 percent at 28 461.48 points.
South Africa-based multinational media company Naspers Limited (
JSE:NPN) (LSE:NPSN) said today that it has acquired 91% of Brazilian e-commerce operator BuscaPe.com Inc for USD342m.
European manufacturers of warplanes such as the Eurofighter and the Gripen are out there, aggressively marketing their products as cheaper and easier-to-acquire alternatives to
JSE These companies offer industrial "offsets" so buyers get a share of the production work.
The stock of this merchant bank, which became the first in the industry to be listed on the
JSE was driven by sheer profitability and the listing earlier in the year on the Trinidad & Tobago Stock Exchange.
They argued that the company had shown "real growth" in operational earnings and cash flow in recent years, but that value was not being reflected by its showing on the
JSE Securities Exchange in South Africa.
Last year, the Ethics Institute of South Africa conducted a confidential survey of 53 companies listed on the
JSE Securities Exchange.
Known as the Journal of Behavioral Economics from 1971 through 1990, the
JSE is now in its 30th year.
