Discovery is the latest blue-chip company to join A2X is still small compared to the JSE, but has attracted many of the JSE's top 40 companies.Financial services group Discovery has approved a secondary listing on A2X Markets – a competitor to the JSE - and its shares will be available for trade on the exchange from 4 July 2022.
Discovery's listing brings the number of instruments available for trade on A2X to 69, with a combined market capitalisation of around R4.5 trillion. A2X, which was founded in 2014, is one of several stock exchanges, like the Cape Town Stock Exchange, which have emerged over the past few years to challenge the 136-year-old JSE.
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