Johannesburg - Fifteen companies listed on the JSE Ltd [JSE:JSE] in 2011,
but almost as many were taken off.
According to the stock exchange’s statistics there are now
340 companies on the JSE and 68 on its junior, the AltX.
The number of new listings so far this year is 66.6% more
than last year's nine. Another, Synergy, is listing on Wednesday. Fourteen
delisted this year and last year 13.
Since October three companies - Ferrum Crescent, BK One and
Arrowhead Properties - have listed on the JSE’s main board and three delisted.
One AltX company, Vox Telecom, has delisted since October.
Of the 340 companies on the JSE, three are on the Capital
Development Board (Capricorn Investments Holdings, Indequity Group [JSE:IDQ] and Stella
Vista Technologies [JSE:SLL]), three on the Venture Capital Board (John Daniel Holdings [JSE:JDH],
Labat Africa [JSE:LAB] and Southern Electricity Company [JSE:SLO]) and three on the Africa Board
(Trustco Group Holdings [JSE:TTO], Wilderness Holdings [JSE:WIL] and Sasol [JSE:SOL]).
During the year four AltX companies moved to the JSE's main
board. They are Morvest, Taste Holdings [JSE:TAS], Santova Logistics [JSE:SNV] and Rolfes Technology Holdings
[JSE:RLF].
Two companies, Sable Holdings [JSE:SBL] and Lonrho [JSE:LAF], moved from
the main board to the AltX.
According to the JSE's statistics its total market
capitalisation in October was R6 964.8bn.
This was 8.1% up on the previous year.
- Sake24
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