{"id":8883,"date":"2012-03-14T03:08:18","date_gmt":"2012-03-14T01:08:18","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/update-1-jse-fy-earnings-up-29-pct-despite-volatile-markets\/"},"modified":"2012-03-14T03:08:18","modified_gmt":"2012-03-14T01:08:18","slug":"update-1-jse-fy-earnings-up-29-pct-despite-volatile-markets","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-jse-fy-earnings-up-29-pct-despite-volatile-markets\/","title":{"rendered":"UPDATE 1-JSE FY earnings up 29 pct despite volatile markets"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds details, background)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, MARCH 13 &#8211; South Africa&#8217;s JSE Ltd<br \/>\n, which operates the Johannesburg Stock Exchange, posted<br \/>\na 29 percent rise in full-year earnings, despite volatile<br \/>\nmarkets and slow economic growth.<\/p>\n<p><span><\/span><\/p>\n<p>The JSE said headline earnings per share totaled 562.4 cents<br \/>\nin the year to end December, up from 436.1 cents a year earlier.<\/p>\n<p><span><\/span><\/p>\n<p>The JSE had alerted the market that its headline earnings<br \/>\nper share likely rose as much as 34 percent.<\/p>\n<p><span><\/span><\/p>\n<p>Earnings per share, which take into account one-off items,<br \/>\nfell 10 percent to 400.8 cents, reflecting a 223.3 million rand<br \/>\nimpairment for software under development.<\/p>\n<p><span><\/span><\/p>\n<p>Operating revenue was up 9 percent to 1.4 billion rand<br \/>\n($185.14 million). The full-year dividend came to 250 cents,<br \/>\nversus 210 cents a year earlier.<\/p>\n<p><span><\/span><\/p>\n<p>Johannesburg&#8217;s All-share index, the widest measure<br \/>\nof South African stock performance, ended 2011 largely flat as<br \/>\nconcerns over the euro zone dampened appetite for risky assets<br \/>\nsuch as equities.<\/p>\n<p><span><\/span><\/p>\n<p>Momentum has picked up and the All-Share is up nearly 7<br \/>\npercent so far this year after hitting a series of life-time<br \/>\nhighs in February. The JSE shares are up nearly 12 percent by<br \/>\ncomparison.<\/p>\n<p><span><\/span><\/p>\n<p>The bourse is looking north to increase the number of<br \/>\nlistings in Africa&#8217;s biggest securities exchange. Many companies<br \/>\nare, however, shunning the JSE in favour of London, which not<br \/>\nonly carries more status but attracts more investors.<\/p>\n<p><span><\/span><\/p>\n<p>The JSE is also casting its nets wider by joining forces<br \/>\nwith six other emerging market bourses to cross-list equity<br \/>\nindexes derivatives by June 2012.<br \/>\n($1 = 7.5619 South African rand)\t<\/p>\n<p> (Reporting by Helen Nyambura-Mwaura, editing by Ed Stoddard)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds details, background) JOHANNESBURG, MARCH 13 &#8211; South Africa&#8217;s JSE Ltd , which operates the Johannesburg Stock Exchange, posted a 29 percent rise in full-year earnings, despite volatile markets and slow economic growth. The JSE said headline earnings per share totaled 562.4 cents in the year to end December, up from 436.1 cents a year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8883","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8883"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8883\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}