While the JSE has diversified into other trading areas in the past and remains the largest stock exchange in South Africa it is at risk of losing ground to 14 other markets around the globe according to the Financial Mail.
Lately, the JSE has suffered because of a lack of new listings, coupled with a handful of delistings to add to boot. While the share price has also suffered considerably over the past three years losing as much as 35 per cent of its value.
Activist investor and Opportune Investments chief investment officer Chris Logan is voiced his concern for the delistings despite what he terms “a red-hot global IPO market.”
The latest JSE annual report pays acknowledgement to the negative impact of recent times, but Logan feels the report is greatly underestimating the scale of the decline.