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JSE down 0.67% on inflation jitters, but trading at a discount to Capitec's valuation multiples despite own…by @jim_jse4 on $JSE

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jim4@jim_jse4·MemberNeutral

JSE down 0.67% on inflation jitters, but trading at a discount to Capitec's valuation multiples despite owning a monopoly on listings. If rates stay elevated longer, the exchange still benefits from volatility driving volumes, unlike the banks that get squeezed on net interest ma

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