JSE (Johannesburg stock exchange) is Africa’s one of the largest stock exchanges. It’s in Sandton, Johannesburg, South Africa. It was founded in 1887 by the mining industry during the South African gold rush and is still ruled by mining companies. South Africa is an African country, and it is one of the attractive places for investors. The JSE is the 20th biggest stock exchange in the world by market value. Over 400 companies are listed on the exchange, including British American tobacco, BHP Billiton, Glencore, and Anglo American. In 2013 JSE launched a new electronic trading platform known as Millennium exchange to speed up the trade. Business hours are Monday to Friday from 9 am to 5 pm local time.
JSE ALL SHARE INDEX PERFORMANCE
The JSE All-share index is a South African stock market that includes the top 40 businesses on the Johannesburg stock exchange. The market is a collaboration between the South African JSE limited and the British financial heavyweight FTSE group.
JSE all share index performance: Although there are just 440 businesses registered on the Johannesburg securities exchange. After 130 years, these companies are much more varied and representative of the modern South African economy. Mining companies continue to control, accounting for almost a third of all listed companies by market value. The major contribution from banks, consumer product, and services sector the technology sector now accounts for nearly a fifth of the value on the exchange.
The JSE all-share index (ALSI) is price Rand (ZAR), and while it only includes about 30% of JSE listed businesses, the market value of these companies accounts is more than 90% of the value JSE.
The Top 10 FTSE JSE ALL share index stocks
The top largest companies that make up the FTSE JSE All share index by market value are:
- Naspers (software and computer services)
- BHP group PIc (industrial metals and mining)
- Compagnie Financiere richemont AG (personal goods)
- Anglo American (industrial metals and mining)
- Firstrand limited (banks)
- Impala platinum HIds (precious metals and mining)
- Sibanye Stillwater (precious metals and mining)
- Mondi PIc (general industrials)
- Standard bank group (banks)
- MTN Group (telecommunications service providers)
The JSE All share index is made up of the following components:
All securities listed on the JSE mainboard are eligible for membership in the index, except low-quality securities that do not meet the minimum free float requirement. The index’s composition is re-evaluated annually in March, June, September, and December, and both real-time and end-of-day data set are available.
The largest contributing sectors are basic resources (33%), followed by technology (20%), banks (9%) consumer products & services (9%). With 25 firms in the index, real estate is the most popular, followed by financial services (17), industrial goods and services (10), basic resources (16), and retailers (10).
Conclusion
Investing in the JSE All share index for six years offers the best risk/reward ratio. The six-year method provides the best return to variance ratio, the lowest danger of losing money, and the highest possibility of fulfilling your growth targets.
When the dangers of investing in the JSE are weighed against the dangers of leaving money in the bank, the risk of investing in the JSE is worth it.