The Johannesburg Stock Exchange (JSE) has delivered an impressive profit performance for the first half of 2025, fuelled by strong equity market activity and a surge in mining shares. As South Africa’s largest stock exchange, the JSE recorded an 11.8% rise in revenue to R1.65 billion, while net profit climbed 13.2% to R557.8 million.
This growth was largely powered by robust results from its core business areas – Capital Markets, Post-Trade, and Information Services – all posting healthy revenue gains. Together, they underpinned the exchange’s expanding and diversified earnings base.
Although newer business units are still finding their feet, the JSE says they are aligned to long-term market trends and are progressing steadily. Investor Services was the only laggard, reporting an 11% dip due to lower interest rates and prior-year adjustments.
Importantly, the JSE’s cost management remained solid, even as higher trading activity raised expenses by 7.5%. With a cash war chest of R2.5 billion and a forward-looking investment strategy, the bourse appears well-prepared for the second half of the year.
Adding to the excitement, the JSE All Share Index made history by surpassing the 100,000-point mark for the first time ever in July, driven by surging gold and platinum stocks.