Month ended Year to Year to % Feb 1999 date date Change 1999 1999 Year to date Excluding Abitrage Value (R Million) 20,651 38,981 28,831 35.2 Number of Deals 279,872 477,702 360,217 32.6 Volume (Million) 2,399 4,108 2,634 56.0 Arbitrage Value (R Million) 6,474 12,734 9,111 39.8 Number of Deals 9,239 18,123 22,133 -18.1 Volume (Million) 280 567 411 38.0 *1999 1998 1997 Excluding Abitrage Value (R Million) 206,542 117,099 63,247 Number of Deals 2,343,957 1,440,240 762,091 Volume (Million) 17,850 8,993 5,148 Arbitrage Value (R Million) 67,612 41,474 21,700 Number of Deals 115,387 100,089 59,128 Volume (Million) 3,164 1,798 1,029 * 1998 has been adjusted
EQUITY CAPITAL RAISED ON THE JSE
Equity Capital Raised On The JSE (R Million)*
Month Year to Year to % Change Ended Date Date Year to Jan 1999 1999 1998 Date Acquisition of assets 1,931 4,325 3,883 11.4 Rights Issue 65 381 732 -48.0 Scrip Dividend 58 514 630 -18.4 Share Incentive 55 100 684 -85.4 Via Prospectus 65 65 0 100.0 Waiver of pre-emptive Rights 28 30 83 -63.9 Other 0 29 0 100.0 TOTAL 2,202 5,444 6,012 -9.4
1997 1996 1995 Acquisition of assets 21,612 6,413 1,560 Rights Issue 9,671 9,835 6,718 Scrip Dividend 6,366 6,812 5,356 Share Incentive 3,471 925 681 Via Prospectus 742 944 942 Waiver of pre-emptive Rights 5,170 2,935 1,538 Other 3,286 535 2,700 TOTAL 50,318 23,399 19,495
* Totals may vary monthly
ANNULISED JSE LIQUIDITY
Month Month % Change Year Ended Ended Jan 1998- to Feb 1999 Feb 1998 Feb 1999 Date Liquidity 20.1 17.1 17.5 19.9 1998 1997 1996 Liquidity 16.9 10.9 7.0
* Liquidity calculated on a daily basis and not as at month end.
ANALYSIS OF VALUE TRADED ON MAIN BOARD (Excluding Arbitrage)
Value Traded range Feb 1999 % Year to Date % R million Frequency Frequency Count Count >100 0 0.00% 0 0.00% >50 and <=100 0 0.00% 0 0.00% >25 and <=50 0 0.00% 0 0.00% >10 and <=25 88 0.04% 152 0.04% >7.5 and <=10 45 0.02% 99 0.02% >5 and <=7.5 113 0.05% 204 0.05% >2.5 and <=5 347 0.14% 865 0.20% >1 and <=2.5 1,164 0.47% 2,223 0.52% >0.1 and <=1 33,095 13.25% 63,300 14.84% <=0.1 214,951 86.05% 359,732 84.33%
ALL TIME HIGH TURNOVER FIGURES
Daily High Date Weekly Week High Ended Deals 24,583 29/10/97 82,771 31/10/97 Value 2,776,317,924 18/06/97 7,119,928,823 31/10/97 Volume 249,221,701 18/03/97 731,156,091 20/02/98 Market 1,329,460,630,851 07/08/97 Capitalization
ALL TIME HIGH INDEX CLOSING VALUES
Index Code Close Date All Share CI01 7,614.36 07/08/97 Gold CI14 2,535.07 07/09/94 Financial CI24 13,348.79 27/02/98 Industrial CI27 9,314.19 07/08/97 ALS140 FI01 6,711.54 07/08/97 MINI15 FI11 1,438.32 08/05/96 IND125 FI27 8,627.65 07/08/97 FIND15 FI24 11,320.08 27/02/98
POSITION IN THE WORLD LEAGUE AS AT 31 AUGUST 1998
As calculated by the FIBV
JSE Ranking JSE Ranking Aug 1998 Year 1997 Market Capitalisation 240,211 19 230,040 19 (Domestic) (US$ Million) Market Turnover 3,712 25 44,696 26 (US$ Million) Liquidity % 18.5 40 21.2 37
NUMBER OF COMPANIES/SECURITIES LISTING
Month Year to 1998 1997 1996 Ended Date Feb 1999 1999 No of New Listings 3 6 54 28 27 No of Delistings 2 9 38 40 28 Foreign Listings 27 27 27 27 26 Domestic Listings 612 612 615 599 612 TOTAL 639 639 642 626 626 No of Securities Listed 756 756 759 813 839
FOREIGN TRADE ON THE JSE EQUITIES MARKET (R MILLION)
Month Year to 1997 1996 1995 Ended Date Feb 1999 1999 Purchases 8,312 90,860 79,515 41,524 24,148 Sales 5,491 54,259 53,314 36,270 19,336 NET (sales)/ 2,821 36,601 26,201 5,254 4,812 Purchases
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
ARTICLE
12 May 1999
Monthly Stock Exchange Report (February 1999)
TURNOVER ON THE JSE EQUITIES MARKET