What is the JSE index definition?
The JSE Top 40 Index refers to the top 40 biggest companies trading on the exchange. These are professionally ranked by market capitalization (market cap). The market cap of a company is the number of available shares multiplied by the current share price.
What is the purpose of the JSE?
Its main function is to facilitate the raising of primary capital by re-channelling cash resources into productive economic activity, and building the economy while enhancing job opportunities and wealth creation. The JSE also provides an effective price determination facility and price risk management mechanism.
What is JSE and how does it work?
The JSE, or Johannesburg Stock Exchange, is Africa’s largest stock exchange and is also ranked as the 16th largest exchange globally. As the ‘engine room’ of the South African economy, the JSE provides convenient access to investors to buy and sell multi-asset shares, also known as securities.
What are the requirements to list on the JSE?
Get on board
- Engage with the Primary Markets team.
- Decide where your company will feel most at home.
- Find a Main Board sponsor or an AltX designated advisor.
- Submit all the required documents to the JSE Issuer Regulation division.
- Go on a capital raising roadshow.
- List.
Is the JSE a primary or secondary market?
The JSE is a multi-asset class securities exchange, offering investors deep liquidity across its product range. It provides: A primary market – sourcing issuers to list and supporting potential and existing issuers.
How do you trade on JSE?
Step by Step Guide How to Buy shares on the JSE (Johannesburg Stock Exchange)
- Find the share you want to buy.
- Click on OPEN A FREE TRADING ACCOUNT button on the top right.
- Then, Open a Trading Account.
- Fill in your personal details.
- Verify your account via email.
- KYC your profile.
- Make your first share purchase.
What type of business is JSE?
At the Johannesburg Stock Exchange (JSE) we are driven for your and South Africa’s growth. Formed in 1887, we have operated as a marketplace for trading financial products for over 130 years and are currently the largest stock exchange in Africa.
What is the highest the JSE has been?
| Actual | Previous | Highest |
|---|---|---|
| 75528.46 | 76368.34 | 77206.47 |
What are the five functions of JSE?
Here is a list of some of the functions of the JSE:
- It acts as a link between investors and public companies.
- Provides a safe market for buying and selling securities.
- Prevents fraud and protects investors by applying strict rules regarding trading.
- Encourages new investments.
- Encourages short-term investments.
Who owns the JSE?
Ownership. The bourse is operated by JSE Limited, a company that listed on its own main board in June 2006.