Covid-19 drives JSE’s interim earnings higher as record volumes traded
Trading surges as markets react to pandemic and knock-on economic fallout
05 August 2020 - 20:46
The JSE reported rising interim profits as sentiment and volatility linked to the pandemic and associated economic fallout drove higher levels of activity on the group’s various markets in the first half of the year.
The JSE reported a 22% increase in revenue to R1.32bn as a result of higher trading activity as well as large foreign flows which translated to headline earnings per share rising 22% to R5.69 to the end of June versus the same period a year ago...
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