JSE hits 100,000 milestone

 ·23 Jul 2025

The JSE’s leading indicator has reached a record high, with the local stock market seeing a strong 2025.

The FTSE/JSE All Share Index (ALSI) hit 100,000 points – 1,000 times higher than its starting value of 100 points in January 1960.

Over the last 65 years, the ALSI has delivered annualised returns of over 11%, reflecting the resilience and growth of South Africa’s capital markets.

The JSE said that 2025 has positioned the JSE among the best-performing markets in the world in Dollar and Rand terms.

“Reaching 100,000 points on the ALSI is not just a numerical milestone, it is a powerful reflection of the resilience, innovation and operational excellence of companies listed on the JSE,” said CEO Leila Fourie.

“This landmark demonstrates that investors continue to place their trust in the South African market and in the ability of our listed companies to drive growth and deliver value.”

The bourse was redefined in 2002 through a strategic partnership with the global provider FTSE.

The FTSE/JSE ALSI adopted modern methodologies, including free-float weighting and a fixed universe of 160 companies.

“Today, the index represents 125 listed companies on the JSE with a combined market capitalisation of R21 trillion, spanning a diverse range of sectors and geographies,” said Mark Randall, Director of Information Services.

The ALSI does not include every listed company on the JSE, but remains a trusted benchmark, capturing 99% of the eligible market capitalisation on the JSE Main Board.

It distils the daily performance of large, mid, and small-cap stocks into a single figure visible across media platforms and financial tickers.

Since 2002, the ALSI has delivered strong long-term growth and has overcome global crises and commodity swings to reach a historic 100,000 points in 2025.

The last five years have been incredibly dynamic. The index rebounded strongly from pandemic lows, driven by commodity booms, strong corporate earnings, and improving investor sentiment.

Mining, banking, and technology have fueled recent gains, benefiting the group through structural reforms and fiscal stability. 

“We remain committed to advancing market development, improving access to capital for businesses of all sizes and ensuring that our exchange continues to evolve in line with international standards,” said Fourie. 

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