JSE boss urges investors to back small and mid-cap firms

The Johannesburg bourse rallied 38% last year for its best performance since 2005, with an index of precious metals and mining stocks leading gains. Image: Waldo Swiegers/Bloomberg

Johannesburg Stock Exchange (JSE) CEO Dr Leila Fourie has called for greater risk appetite among investors to support small and mid-cap companies – the real engines of job creation in South Africa.

Speaking at a PSG event in Cape Town on Monday, she said South Africa’s markets are “institutionally based” and that investors must be willing to invest in the smaller and medium-sized companies.

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