Trading jumps in the JSE Main Market

Main Market trading volume jumped 110 percent but the value in the five months to May over 20223, the more important measure of market interest climbed 49 percent to $17.14 billion. May saw trading dropping below that in April, with just 441 million units trading, valued at $2.85 billion from 865 million shares in April valued at $4.6 billion.
The volume of Main Market stocks traded in May was 55 percent more than in 2023 with the value rising by 67 percent. March was the only month when the value of stocks was lower than in 2023, even as the total volume traded was more than twice the 2023 volume.
Trading in the Junior Market and the JSE USD market fell compared with 2023. The Junior Market suffered an 18 percent fall in volume to 1.187 billion units, with a 47 percent fall in value to $2.65 billion following Lasco Distributors and Lasco Manufacturing migrating to the Main Market at the end of March, May’s trading was 82 percent more than that in 2023 with a 42 percent greater value. Even with switching the two Lasco companies to the Main market in March, trading in May this year exceeded all the months in 2023 from May onwards.
The US market saw a 68 percent fall in volume to 29.9 million units and a 53 percent drop in value to US$2.9 million