The Johannesburg Stock Exchange (JSE) has seen a significant jump in profit despite a challenging first half of 2025. <\/p>\n\n\n\n
The bourse saw its Net Profit After Tax (NPAT) increase 13.2% to R557.8 million, translating to a Headline Earnings Per Share (HEPS) increase of 687.0 cents, up 13.4% year-on-year (YoY). <\/p>\n\n\n\n
This came despite a period of heightened geopolitical and trade tensions. The growth was driven by elevated equity market activity, supported by broad-based revenue growth across its core business. <\/p>\n\n\n\n
Equity trading revenue grew by 28% over the year to R272 million. The JSE\/FTSE All Share Index recently broke 100,000 points, with many investors drawn to the relatively cheap stocks on offer in South Africa.<\/p>\n\n\n\n
Operating income grew by 11.4%, supported by consistent execution of its core business lines, including equity market revenues in Capital Markets (+16%), Post-Trade Services (+17%) and Information Services (+5%).<\/p>\n\n\n\n
\u201cOur resilience through dynamic market cycles demonstrates the strength of our earnings diversification strategy,\u201d said Leila Fourie, JSE Group CEO. <\/p>\n\n\n\n
\u201cCapital Markets, Post-Trade and Information Services each delivered solid revenue gains, reinforcing the strength of our established businesses.\u201d <\/p>\n\n\n\n
\u201cWhile newer segments remain in their development phase, they are aligned to long-term demand and are progressing in line with expectations.\u201d <\/p>\n\n\n\n
The bourse also continues to invest in technology, and has made good progress on modernising its Broker Dealer Accounting system, with the pilot tracking ahead of schedule. <\/p>\n\n\n\n
The Group has enhanced its Listing Requirements further and extended its collaboration with Nasdaq following the launch of a new modernisation blueprint developed in partnership with Amazon Web Services.\u00a0<\/p>\n\n\n\n
The JSE added that the Claim IT initiative continues to scale. <\/p>\n\n\n\n
Since its launch in March 2025, nearly 65,000 people have come forward to check their dividend eligibility status, with close to 8,200 people matched as having dividends due to them.\u00a0<\/p>\n\n\n\n
\u201cBacked by a strong balance sheet, an expanding product and data offering and a disciplined investment approach, the JSE is well-positioned to advance its strategic agenda in the second half of 2025,\u201d said Fourie. <\/p>\n\n\n\n The JSE has seen a large increase in earnings following a rise a large rise in equity market activity. <\/p>\n","protected":false},"author":95,"featured_media":812753,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[175],"class_list":["post-834060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-jse"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/834060","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\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=834060"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/834060\/revisions"}],"predecessor-version":[{"id":834071,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/834060\/revisions\/834071"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/812753"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=834060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=834060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=834060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Category<\/strong><\/td> H1 2025 (R million)<\/strong><\/td> H1 2024 (R million)<\/strong><\/td> % change<\/strong><\/td><\/tr><\/thead> Revenue<\/td> 1650<\/td> 1476<\/td> 11.8%<\/td><\/tr> Operating income<\/td> 1711<\/td> 1537<\/td> 11.4%<\/td><\/tr> Other income<\/td> 12<\/td> 27<\/td> (54.7%)<\/td><\/tr> Total income<\/td> 1723<\/td> 1563<\/td> 10.3%<\/td><\/tr> Total expenditure<\/td> 1086<\/td> 1010<\/td> 7.5%<\/td><\/tr> Earnings before interest and tax (EBIT)<\/td> 638<\/td> 553<\/td> 15.4%<\/td><\/tr> Net finance income<\/td> 99<\/td> 103<\/td> (4.3%)<\/td><\/tr> Income tax expense<\/td> 202<\/td> 182<\/td> 10.6%<\/td><\/tr> Net profit after tax (NPAT)<\/td> 558<\/td> 493<\/td> 13.2%<\/td><\/tr> EBITDA<\/td> 725<\/td> 656<\/td> 10.5%<\/td><\/tr> Earnings per share (cents)<\/td> 687.0<\/td> 606.0<\/td> 13.4%<\/td><\/tr> Headline earnings per share (cents)<\/td> 687.0<\/td> 606.0<\/td> 13.4%<\/td><\/tr> Net cash generated from operations<\/td> 518<\/td> 503<\/td> 3.1%<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"