FTSE/JSE All Share Index achieves historic 100,000-point milestone
Stephen Grootes
Johannesburg Stock Exchange (JSE)
Picture: Pixabay
Stephen Grootes interviews Leila Fourie, CEO of the JSE, to unpack the significance of the all share index breaking through the historic 100,000-point mark.
Listen to the interview in the audio player below.
The Johannesburg Stock Exchange (JSE) reached a major milestone on Wednesday, with the FTSE/JSE All Share Index (ALSI) hitting 100,000 points, 1,000 times its starting level of 100 points in January 1960.
Over the past 65 years, the ALSI has delivered annualised returns exceeding 11%, despite a very topsy-turvy economy, withstanding the global economic crisis in the mid-2000's, as well as the impacted on the Covid-19 pandemic.
The FTSE/JSE All Share Index (ALSI) began its journey in 1960 at just 100 points. Over the decades, it has weathered global shocks and economic shifts and has been bolstered by commodity booms and resilient corporate earnings, steadily climbing to close at a historic 100,180… pic.twitter.com/D5qZACb0oV — JSE (@JSE_Group) July 23, 2025
Between 2020-2025, the index rebounded strongly from the lows of the pandemic, largely driven by commodity booms in gold and platinum, resilient corporate earnings and improved investor sentiment.
Key sectors like mining, banking and technology fueled gains, while structural reforms and fiscal stability underpinned the JSE's rise as a gateway to African markets.
Speaking to Stephen Grootes on The Money Show, Leila Fourie, CEO of the JSE says this feat reflects index's resilience and its role as a barometer of South Africa's economic potential.
"It really is an important psychological point, and if you look at the growth trajectory over the past couple of decades. We started this index with 100 points in 1960, and over the last 65 years its delivered returns of about 11%.
- Leila Fourie, CEO - JSE
"...it comes a year after the GNU was established...and really demonstrates a very material upswing."
- Leila Fourie, CEO - JSE
"...we started in a mining field, in a tent. Some of the biggest drivers of our economy was mining, which retracted a little bit, and now mining is indeed some of the big drivers in our current 100,000-point mark.
- Leila Fourie, CEO - JSE
Scroll to the top of the article to listen to the full interview.
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