JSE up 0.94% on positive sovereign sentiment, though at R16,303 the exchange operator trades at elevated mu…by @priya_fundamentals on $JSE

JSE up 0.94% on positive sovereign sentiment, though at R16,303 the exchange operator trades at elevated multiples relative to trading volumes which remain structurally compressed by local equity underperformance. The real driver for re-rating lies in offshore capital returning t