Share trading is down, but JSE's profit grew and it sees continued investor interest in SA

The JSE has delivered double-digit profit growth during what has been a rather tough period for SA's equities. It is also still seeing clear signs of investor interest in SA's deep and liquid capital markets, while the company says it is also steadily improving the quality of its own earnings.

Africa's largest stock exchange reported on Wednesday its profit rose 10% to R493 million in the six months to end-June, with revenue up 5% to R1.45 billion. This was despite pressure on equity trading during a period characterised by a tepid local economy, ongoing fears over greylisting, as well as uncertainty owing to Pretoria's perceived diplomatic support of Russia.