Johannesburg Stock Exchange

Uh, you know, Aimia is a Canadian-listed, uh, holding, investment holding company, which will be buying, I guess, more North American, um, exposure.

Argent is South African-list- JSE-listed, but it is focusing on the UK.

And Iyoko is also JSE-listed, but that's focusing on the South African, more the technology space in South Africa.

So I think all very, three different, it's hard to say which is the best.

Argent has the best track record, but it's been going the longest.

Uh, Sasol, yeah.

Uh, imminently investable companies.

Uh, all of them listed on the JSE, available for you to invest in, and you don't need to le- listen to all the fear, fear-mongering about take all your money offshore and do this, that, and the other.

Another one is the finance and banking system, which is at the world class level, one of the strongest in the world.

Johannesburg Stock Exchange, which is in the top 20 largest stock exchange in the world.

There is a legal system.

So we are speaking about corruption.

Yeah, so we've had an eventful week in the markets this week, maybe less so from an economic data point of view, but we've certainly had some notable moves in some assets.

So at the moment, we have the JSE at 115,100.

So for the week, we're down about 1.4% or so.

notwithstanding the fact that today we're largely unchanged.

You'll hear all of these companies, your Capitex and your ShopRights and your Pick and Pays and your First Rands and even the Fashini Group.

But that is just a tiny percentage of the shares on the JSE.

And we have what I suppose you could refer to as a concentrated stock exchange.

Now, how did we get here? What are the implications of you for this? And if you listen to Personal Finance every Tuesday, if you didn't, there's a podcast.

And gentlemen, good evening to you both.

Makwe, let me start for you.

Is the JSE more concentrated in terms of the shares that are actually traded than many other exchanges?

some extent yes and good evening to you and asanda and to the listeners because you look we usually say what are the heavyweights and heavyweights has to be a certain portion of the jse you know some of our industrials and resources so in that sense yes you can come to that kind of a conclusion and i think maybe it's a question of how does one define diversification, or we don't have to use the term interchangeably with what we call exposure to other sectors, because normally they will say have equities, bonds, property, stuff like that, but does not mean when it comes to equities.

T's and C's apply.

Lissaka Technologies, a fintech firm listed both in Johannesburg on the JSE as well as on the NASDAQ, reported their results for their financial year end.

That is financial year ended 30 June 2026.

The business swinging into a profit of 40 million rands from a previous year's loss of 1.65 billion rands.

You're listening to the MoneyWeb SAFM Market Update Podcast.

Lesaka Technologies, a fintech firm listed both in Johannesburg on the JSE as well as on the NASDAQ, reported their results for their financial year end.

That is financial year ended 30 June 2026.

The business swinging into a profit of 40 million rands from a previous year's loss of 1.65 billion rands.

So yeah, they will continue to be impacted all because of the Middle East tensions.

Definitely.

And we're seeing, of course, some of the concern then feed into our local boss, the JSEO share down 1.3% today.

I guess, Mark, help us understand the performance today because it appears to be some broad-based weakness.

You know, we started the session with the market participants expecting the ECB to raise interest rates.