"We are not looking to challenge other commodity based exchanges," Kula told IM, "instead we are looking to promote the many advantages of multiple listings." "We remain optimistic that we can increase the number of mining companies listed on the JSE," Kula added, stressing that "our growth will be African growth".
According to Luca Broglio, international associate, equity and capital markets, at the London Stock Exchange (LSE), the LSE could not claim that the IPO market was "going very well", but stressed that "we are seeing a sustainable level of activity".
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