The Johannesburg Stock Exchange (JSE) has faced significant challenges over the years, particularly in the form of a shrinking number of listed companies.
From a peak of 669 listings in 1998, the JSE has seen a decline of over 50%, with fewer than 300 companies currently listed. This reduction is attributed to factors such as increased regulatory costs, challenging economic conditions in South Africa, and strategic moves by companies to pursue delisting in favor of private equity opportunities.
The decline in new listings, particularly after the 2008 global financial crisis, has exacerbated this trend.
While the JSE attempted to rejuvenate the market with platforms like AltX for small and mid-sized enterprises, delistings have continued to outpace new entries.
The impact of these delistings is a more concentrated market, dominated by a few large companies, especially in sectors like commodities and tech, with major players like Naspers and Prosus holding weight.
هذه القصة مأخوذة من طبعة November 04, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 04, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Vienna lights up streets for shoppers
MARKETS: SUPPORT FOR STRUGGLING RETAILERS
A front-row seat to the rich tapestry of nature
River cruising offers intimate experience
The song remains the same
It's the message not the medium that's important
Downs intent on hitting hard
If you think Mamelodi Sundowns will take their foot off the pedal should they race to an early lead in the Carling Knockout final against Magesi FC, then you're grossly mistaken.
Clean sweep beckons
STICK: SPRINGBOKS CHASE THE COMPLETE PERFORMANCE AGAINST WALES
Recognising burgeoning talent
AWARDS: FEINBERG-MNGOMEZULU COULD CAP A BREAKTHROUGH YEAR IN MONACO
Deputy Howley backs Gatland to get Wales out of trouble
Under-fire Wales boss Warren Gatland is the \"world's best coach\" and going nowhere, according to assistant Rob Howley (right).
Flyhalf is very 'Sexton-esque'
Sam Prendergast (above) has never been lacking in self-confidence, with his talent evident to many, and today he will get to pull the strings for Ireland at flyhalf in the Test against Fiji.
Scottish success riding on Aussie Test
Huw Jones believes the success of Scotland's November international campaign will be judged on whether they beat a rejuvenated Australia at Murrayfield tomorrow.
French defeat is hard to swallow
ALL BLACKS: SHOWING HEALTHY RESPECT FOR AZZURRI