JSE asks public for comment on joint capping of Naspers and Prosus
A proposal to jointly cap Naspers and Prosus at 10% on its capped indices could alleviate risks for investors who are tracking them
05 November 2019 - 11:49
The JSE said on Tuesday it was seeking public input on a proposal to jointly cap Naspers and Prosus at 10% on its capped indices, to alleviate the risks for investors who are tracking them.
The unbundling of Naspers and the listing of Prosus on September 11 led to an increased exposure to the overall Naspers stable from 10% to 12.02% in the FTSE/JSE capped shareholder weighted index (swix) all-share index. ..
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