JSE Total Market Capital over time
Date: 20 November 2018
Category: Stock Market
In this update we take a look at the latest JSE market statistics updated (for the week ending 16 November 2018). And we place particular emphasis on the total market capital of all shares listed on the JSE. Just how much are the companies listed on the JSE worth?
JSE market trading statistics
So have you ever wondered just how much all the shares listed on the Johannesburg Stock Exchange (JSE) is worth? Or how much money has been traded in the JSE since the start of the year? And how does this compare to a year ago? Has more money been traded this year than the same time period last year? And is the total market capital of the market higher or lower than it was a year ago? Ever wondered whether foreigners, be it individuals or companies are buying or selling JSE listed shares? And how this compares to a year ago? We take a look at the answers to the above questions.
- Total Value of Shares traded year to date (2018): R5.00 trillion (up 7.3%) on Total Value of Shares traded year to date (2017): R4.7 trillion
- Net (Sales)/Purchases by foreigners year to date (2018): -R23.9 billion a 67% improvements on the-R74.1 billion for 2017
- JSE total market cap for the week ending 16 November 2018: R12.8 trillion (down a massive -20.2%) on the R16.13 trillion for week ending 17 November 2017. A clear indication that the South African stock market is in bear market territory, with the overall market capital being 20% lower than the comparable period of the previous year.
- With the markets being so negative one would have thought investors would be steering clear of riskier investments such as equity derivatives. Single stock futures (SSF) contracts declined from 11.5 million in year to date (2017) to the current 7.46 million contracts year to date in 2018. That is a 35.5% decline over the year.
- Even the value of SSF's traded by retail investors and punters have declined sharply. For the year to date (2017) SSF traded was R151 billion, while for the year to date (2018) this value is sitting at R89.2 billion (down -41.1%). Clear indication that the negative market has scared off a large bunch of geared trades in SSF.
- Commodity futures has seen reasonable increases in trading activity. Number of commodity futures trades have increased 11.2% from 307 321 in year to date (2017) to 341 738 in year to date 2018. Value of commodity futures increased by 13.12% with value jumping from R495 billion in year to date (2017) to R560 billion in year to date (2018)
While the stock market might not have performed as long term investors, pensions funds etc would have hoped, there is still a lot of trading activities in various market instruments happening on the JSE. And the JSE will be happy. As their earnings is linked to number of trades and not the direction of the market.