The launch of a handful of new stock exchanges in SA has not really rattled the JSE ... at least, not yet. As the bourse notes in its most recent annual report, it has, on average, retained 99.9% of value traded since 2017.
Of the new players that have launched in the past five-odd years, the two biggest — in terms of listed companies — are the A2X and the recently remodelled Cape Town Stock Exchange ...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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A snapshot of the alternative exchangesThere needs to be a focus on smaller businesses — on the ‘mom and pop’ companies and family-owned businesses that have been around for more than 50 years.
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