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Why The JSE Top 40 Isn’t Telling The Whole Story

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The JSE Top 40 may be having a stellar year on paper, but dig deeper and the shine starts to fade, especially if you're looking for signs of real, on-the-ground wealth creation in South Africa.

We speak to The Finance Ghost, a respected retail analyst, to separate index illusion from investment reality. Yes, the JSE Top 40 ETF is up nearly 19% this year—but nearly a third of that performance can be attributed to just a handful of stocks like Naspers, Prosus, and gold miners riding global tailwinds. So what does that really tell us about the South African economy?
28 Jul 9AM English South Africa Business News · Investing

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