JSE breaks new record

August 17, 2007 at 12:00 AM EDT

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JOHANNESBURG, Friday 17 August. – Yesterday, JSE Ltd recorded the highest number of trades and highest value of trades in its 120 year existence, and in so doing, added significant value to the company's business.

In total, 80 268 equity trades were recorded to the value of R20.4 billion.

“In spite of the financial markets taking a hammering both locally and internationally recently due to concerns with the US markets, the JSE as a company remains unaffected by these conditions as our business is volume-based. We stand to gain as long as trade continues, whether the market is buying or selling,” said Russell Loubser, CEO of the JSE

The previous record of volume was 78 000 trades at the June 2007 futures closeout and the previous record for value was in June 2006

End.

 

FOR FURTHER INFORMATION PLEASE CONTACT:
Russell Loubser
CEO
JSE Limited
Tel: (011) 520 7001
Email: Russell@jse.co.za

And

Leanne Parsons
COO
JSE Limited
Tel: (011) 520 7340
Email: Leannep@jse.co.za