Afrimat starts trading on A2X, maintains primary listing on JSE

9th November 2017

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

     

Font size: - +

South Africa’s newest stock exchange A2X Markets on Thursday gained its latest member, construction materials company Afrimat.

The company joins African Rainbow Capital Investments, Peregrine Holdings and Coronation Fund Managers on the A2X roster, and will retain its primary listing on the main board of JSE.

Afrimat CEO Andries van Heerden said the company’s board agreed that stock exchange competition was healthy for the entire market. “We support the idea that reduced cost of trading will bring in additional investors. We look forward to being traded on A2X.”

The stock exchange started trading on October 6.

Earlier this week, A2X announced the addition of SBG Securities as a broker member. SBG Securities is the leading stock broking firm in Africa and a wholly owned subsidiary of Standard Bank.

Stockbrokers RMB Morgan Stanley, Peregrine Securities, Investec Securities and Avior Capital Markets have also been approved, while Nedbank Securities and Sinayo Securities will follow shortly.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION