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Just 19 of 115 eligible firms have moved to the exchange’s general segment since October
Only 17% of the companies that qualify to be listed on the general segment of the JSE’s main board have done so, with the current market cap of the segment — designed to ease the stringent listing requirement for smaller firms — at just under R20bn.
The JSE on Wednesday told Business Day the market cap of the segment, based on the 19 companies listed on the segment, was R18.6bn…
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