JSE Limited
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JSE Limited

The JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is a stock exchange in South Africa, and the largest in Africa by market capitalization. It has been located in Sandton, Gauteng, since it moved from Johannesburg CBD in 2000.

As of July 2025, the JSE had a market capitalization of R21 trillion (€1.05 trillion/£911 billion/$1.23 trillion), and a total of 435 listed companies. In the same month, the FTSE/JSE All-Share Index (ALSI) hit 100,000 points - the highest since its foundation.

The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs.

The Johannesburg Exchange & Chambers Company was established by a London businessman, Benjamin Minors Woollan, and housed at the corner of Commissioner and Simmonds Streets. Out of this the JSE was born on 8 November 1887.

What immediately gave the JSE a clear advantage over exchanges such as Kimberley, Barberton, and, most importantly, London, was that listing of companies for a quotation on the Official List of the JSE was an easy and relatively cheap procedure.

This relatively simple and non-restricting nature of the early Exchange promoted a wave of initial registrations on the Official List, with 68 companies by the end of November 1887. The Official List further expanded to more than 300 companies by the end of January 1890.

By 1890, the trading hall became too small and had to be rebuilt but this too was outgrown. Trading then moved into the street. The Mining Commissioner closed off Simmonds Street between Market Square and Commissioner Street by means of chains.

In 1903, a new building was built for the JSE on Hollard Street. It was a storey building that took up an entire whole city block bounded by Fox and Main, Hollard and Sauer Streets.

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