JSE issues apology for the incorrect meta description on broker search

JSE Limited (“JSE) was alerted to an incorrect meta description automatically generated by search engines when searches relating to the JSE in relation to company information is performed. This resulted in the JSE’s awareness campaign relating to a cautionary pop-up on the JSE website regarding investment scams being displayed in search results.

The JSE has implemented technical measures to remedy the incorrect description.

We sincerely apologise for the error and in the event that you require any further information in respect of the remedial actions implemented or the JSE to clarify the incorrect search results, please contact [email protected].

The primary purpose of these indices is to provide investors with a measure of the performance of value and growth companies which are constituents of the All Share Index (J203). Once the Value and Growth Rankings have been calculated, they are then used to determine the Overall Style Ranking (OSR) for each index constituent. The OSR is the average of the Value and Growth Ranking for each constituent. The Overall Style Ranking is used to determine the Value and Growth weighting for each constituent in the All Share Index.

Index Detail

The Value Index is designed to reflect portfolios focusing on the price and value characteristics of securities, weighted towards those companies with identifiable value characteristics. The value measures are: Book to price, Sales to price, Dividend yield and Cash flow to price.
​Name  ​Value
​Index Code           ​J330
​Alpha Code ​FJVJ
​Index Category ​Style
​Universe ​All Share Index (J203)
​Fixed No. of Companies ​No
​Liquidity Screening             ​Yes
​Free Float Screening Minimum of 5% 
​Other Screening N/A​
​Weighting Methodology ​Value measures
Ranking Methodology Ranked by Overall Style Ranking (OSR) - Value ranking is at the bottom (low OSR) of the ranking
​Capping Methodology ​N/A
​Index Review ​Semi-Annually in March and September
​Buffer Size            ​N/A
​Dissemination ​End of Day
​Live Date               ​2004/08/23
​ ​
The Growth Index is designed to reflect portfolios focusing on earnings and revenue growth, weighted towards those companies with identifiable growth characteristics. The Growth measures are 3 year historic earnings per share growth, 3 year historic sales growth, 2 year forward earnings per share growth, 2 year forward sales growth, Return on equity X (1 – payout ratio).
​Name  ​Growth
​Index Code           ​J331
​Alpha Code ​FJGI
​Index Category ​Style
​Universe ​All Share Index (J203)
​Fixed No. of Companies ​No
​Liquidity Screening             ​Yes
​Free Float Screening Minimum of 5% 
​Other Screening N/A​
​Weighting Methodology ​Growth measures
Ranking Methodology Ranked by Overall Style Ranking (OSR) – Growth value is at the top (high OSR) of the ranking
​Capping Methodology ​N/A
​Index Review ​Semi-Annually in March and September
​Buffer Size            ​N/A
​Dissemination ​End of Day
​Live Date               ​2004/08/23
​ ​