Three JSE trading records set in one week
Latest JSE trading figures indicate that a record number of trades were executed on the exchange this past Friday (07/05/10). The new trading record of one hundred and eighty nine thousand two hundred and fifty three trades (189,253) trades is valued at more than R30 billion.
This record breaks the previous trading record also set last week Wednesday (05/05/10) of one hundred and eighty four thousand three hundred and thirty six trades (184,336) trades.
The total number of trades on the exchange for last week was also a record 751,381 trades toppling the previous record of 535,883 set in October 2008 in the midst of the Global Financial Crisis.
“This record trading week is due to increased global uncertainty, both in Europe and the United States. This fear in the marketplace leads to increased volatility and increased trading activity,” says Leanne Parsons, Head of Equities Trading at the JSE.
Today’s JSE’s SAVI Volatility Index currently sits at 30.30% moving up sharply from 18% a month ago (10/04/2010).
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Trading statistics for the 7/05/2010 |
|
|
Volume |
1,018,433,885 |
|
Value |
R30,613,372K |
|
Number of trades |
189,253 |
|
Trading statistics for the 5/05/2010 |
|
|
Volume |
431,071,716 |
|
Value |
R 20,143,645K |
|
Number of trades |
184,336 |
Values for the JSE All Share Index (03/05/2010 – 07/05/2010)
|
Date |
Value |
|
2010/05/03 |
28630.82 |
|
2010/05/04 |
27935.85 |
|
2010/05/05 |
27616.68 |
|
2010/05/06 |
27512.83 |
|
2010/05/07 |
26515.07 |
