{"id":330991,"date":"2019-07-24T09:21:15","date_gmt":"2019-07-24T07:21:15","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=330991"},"modified":"2019-07-24T09:21:15","modified_gmt":"2019-07-24T07:21:15","slug":"these-are-the-biggest-companies-listed-on-south-africas-newest-stock-exchange","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/330991\/these-are-the-biggest-companies-listed-on-south-africas-newest-stock-exchange\/","title":{"rendered":"These are the biggest companies listed on South Africa’s newest stock exchange"},"content":{"rendered":"

Diversified financial services group Vunani Limited has become the latest company to launch a secondary listing on South Africa’s newest stock exchange, A2X Markets.<\/p>\n

A2X is a licensed stock exchange which provides a secondary listing venue for companies, having begun trading in October 2017.<\/p>\n

The bourse is the third to start operations in South Africa, after ZAR X broke the JSE monopoly in 2014. It has nine approved brokers that account for about 50% of market activity, and is regulated by the Financial Sector Conduct Authority and the Prudential Authority (SARB) in terms of the Financial Markets Act.<\/p>\n

With the addition of Vunani, the stock exchange now lists 26 companies, with a combined market capitalisation of R2.443 trillion. The group has listings from companies in key sectors including media, mining, banking, retail, FMCG, financial services, insurance, healthcare and telecommunications.<\/p>\n

Naspers is the biggest group listed, with a market cap of R1.52 trillion. This is followed by Standard Bank with a market cap of R307.3 billion, and Sanlam at R178.4 billion.<\/p>\n

Vunani is now the smallest listed entity with a market cap of R386.8 million, taking over from Anchor Group, which was previously the smallest company on A2X with a market cap of R807.6 million.<\/p>\n

The table below outlines all the listed companies on the A2X, ranked according to size.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nCompany<\/th>\nMarket Cap<\/th>\n<\/tr>\n
1<\/td>\nNaspers Ltd -N-<\/td>\nR1 521 632 070 262<\/td>\n<\/tr>\n
2<\/td>\nStandard Bank Group Ltd<\/td>\nR307 298 462 139<\/td>\n<\/tr>\n
3<\/td>\nSanlam<\/td>\nR178 374 892 138<\/td>\n<\/tr>\n
4<\/td>\nNEPI Rockcastle<\/td>\nR75 907 144 589<\/td>\n<\/tr>\n
5<\/td>\nGrowthpoint Properties<\/td>\nR72 581 072 866<\/td>\n<\/tr>\n
6<\/td>\nMr Price Group<\/td>\nR51 522 245 520<\/td>\n<\/tr>\n
7<\/td>\nAspen Pharmacare<\/td>\nR44 882 880 027<\/td>\n<\/tr>\n
8<\/td>\nAfrican Rainbow Minerals<\/td>\nR40 947 215 279<\/td>\n<\/tr>\n
9<\/td>\nSantam<\/td>\nR35 436 298 838<\/td>\n<\/tr>\n
10<\/td>\nAVI<\/td>\nR32 819 022 581<\/td>\n<\/tr>\n
11<\/td>\nCoronation Fund Managers<\/td>\nR15 566 060 039<\/td>\n<\/tr>\n
12<\/td>\nNew Gold Platinum ETF<\/td>\nR12 349 800 000<\/td>\n<\/tr>\n
13<\/td>\nNew Gold ETF<\/td>\nR10 775 714 683<\/td>\n<\/tr>\n
14<\/td>\nEquites Property Fund<\/td>\nR10 724 685 270<\/td>\n<\/tr>\n
15<\/td>\nTharisa<\/td>\nR5 747 850 000<\/td>\n<\/tr>\n
16<\/td>\nAfrimat<\/td>\nR4 827 943 284<\/td>\n<\/tr>\n
17<\/td>\nStandard Bank Group Pref<\/td>\nR4 703 763 977<\/td>\n<\/tr>\n
18<\/td>\nAfrican Rainbow Capital<\/td>\nR4 692 264 236<\/td>\n<\/tr>\n
19<\/td>\nPeregrine Holdings<\/td>\nR4 376 274 754<\/td>\n<\/tr>\n
20<\/td>\nAscendis Health<\/td>\nR2 569 717 285<\/td>\n<\/tr>\n
21<\/td>\nSygnia<\/td>\nR1 427 455 054<\/td>\n<\/tr>\n
22<\/td>\nHuge Group<\/td>\nR1 053 762 462<\/td>\n<\/tr>\n
23<\/td>\nNewGold Palladium ETF<\/td>\nR944 172 294<\/td>\n<\/tr>\n
24<\/td>\nZarclear Holdings<\/td>\nR879 395 557<\/td>\n<\/tr>\n
25<\/td>\nAnchor Group<\/td>\nR807 562 929<\/td>\n<\/tr>\n
26<\/td>\nVunani<\/td>\nR386 774 196<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n

Read: These are the 12 biggest companies in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Diversified financial services group Vunani Limited has become the latest company to launch a secondary listing on South Africa’s newest stock exchange, A2X Markets.<\/p>\n","protected":false},"author":10,"featured_media":330997,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[12410,26],"class_list":["post-330991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-a2x","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/330991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=330991"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/330991\/revisions"}],"predecessor-version":[{"id":331005,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/330991\/revisions\/331005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/330997"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=330991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=330991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=330991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}