Johannesburg Stock Market
The Johannesburg Stock Market (JSE Limited) is Africa's biggest stock exchange. Currently, the Johannesburg Stock Market is the 16th largest stock exchange across the globe. the headquarters of the Johannesburg Stock Market is currently located at Gauteng, South Africa. In 2003, the Johannesburg Stock Market had approximately 472 listed companies. On that same year, the average monthly traded value of the Johannesburg Stock Market reached US $ 6,399 million. As of September 2006, the Johannesburg Stock Market has a total market capitalisation of US $579.1 billion. Currently, the Johannesburg Stock Market is planning to expand its services. This expansion plan aims to allow investors to trade in market shares from Zimbabwe, Namibia, Zambia, and Ghana. The JSE Limited also plans to further expand its stock market services across the African continent.
As the largest stock exchange in the continent, the Johannesburg Stock Market is a venue in which securities can be freely traded under regulated procedures. The Johannesburg Stock Market serves as a source of economic fund and provides stock market investors with investment returns through dividends.
The Johannesburg Stock Market is directed by a committee consisting of 16 individuals. This committee makes all the policy decisions and an executive committee under the executive president carries out these policies.
