JSE breaks new record
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
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