A2X sees all of SA’s top 40 companies listing on it in next two years
Exchange has already attracted tech group Naspers and property giant Growthpoint
Stock exchange A2X plans to get all of the JSE’s top 40 companies to take up listings within the next two years, having cemented itself as the JSE’s main competitor.
A2X CEO Kevin Brady said that after the announcement that east European shopping centre giant Nepi Rockcastle would list on the exchange next week, he believed A2X was leading the alternate stock exchange race in SA. The exchange enabled investors to trade shares in SA’s largest and most liquid companies at lower costs than on the JSE.