<\/p>\n
The JSE \u2013 Africa\u2019s biggest stock market \u2013 reported double-digit growth in earnings and income for the six months ended 30 June 2026 on Tuesday.<\/p>\n
Its robust half-year performance was supported by stronger equity market activity, disciplined cost management and broad-based growth across its core business lines.<\/p>\n
Net profit after tax increased 16.9% to R652 million, while headline earnings per share surged 18.8% to 816.2 cents. Operating income grew 14.6% to R2 billion and total income increased 15.1% to R1.98 billion.<\/p>\n
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The JSE said growth was supported by higher equity market revenues in Capital Markets and Post-Trade Services, while non-trading income increased 8.1% to R659 million.<\/p>\n
Net finance income declined by 9.8% to R89 million (2025: R98.7 million).\u00a0The bourse ascribes the decrease to lower prevailing interest rates on cash balances over the period, notwithstanding a higher average cash position, with rate movements more than offsetting the benefit of the larger balance.<\/p>\n
JSE CEO Valdene Reddy, who succeeded Leila Fourie on 1 April this year, said the exchange expanded its data and services offering, maintained disciplined cost management and invested selectively in capabilities that support sustainable long-term growth.<\/p>\n
Net cash generated from operations jumped 20.6% to R625 million. At the end of June, the JSE had a cash balance of R1.9 billion, excluding its bond investment of R679 million.<\/p>\n
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\u201cThis strong cash position provides the flexibility to fund strategic investment to capture future growth opportunities and create sustainable long-term value for shareholders, clients and the broader market ecosystem,\u201d said the JSE.<\/p>\n
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In the period under review, the exchange facilitated R8.4 billion in additional capital raised, alongside growth in bond and structured product listings.<\/p>\n
\u201cSpread trading on Bond Exchange Traded Products was introduced, broadening the fixed-income product suite and enhancing market functionality for participants.<\/p>\n
\u201cColocation capacity was expanded in response to client demand, reinforcing a strategic infrastructure asset that supports a growing proportion of equity market trading activity,\u201d the JSE said.<\/p>\n
By around 1pm on Tuesday, the JSE\u2019s share price rose almost 3% to R153.89. Its shares are up more than 5.5% year-to-date.<\/p>\n
#JSE #profits #jump<\/p>\n","protected":false},"excerpt":{"rendered":"
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