For the JSE, last year was a tale of contrasts, as SA’s largest stock market grew and shrank at the same time. First, the good news: the all share index soared 24%, with the top 40 skittering up at about the same rate. It was welcome relief after Covid laid sentiment low in 2020, and caused further jitters with its variants.
That the JSE rose was all the more remarkable considering that the share price of the exchange’s largest constituent, Naspers and Prosus, fell markedly...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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