SA40 (South Africa 40 Index)

The SA40 index, representing the Johannesburg Stock Exchange (JSE) in South Africa, encompasses the performance of the top 40 largest and most liquid stocks listed on the JSE. These companies are a diverse mix, covering a range of sectors such as mining, finance, telecommunications, and industrial goods. The index is market capitalization-weighted, meaning companies with higher market values have a more significant impact on the index's movement. This weighting makes the SA40 a reliable indicator of the overall economic health in South Africa.