Of the 45 Federation Internationale des Bourses de Valeurs (FIBV)
member stock exchanges, the JSE ranks as follows according to the
FIBV statistics as at 31 July 1997.*


             JSE             RANKING     JSE            RANKING
             Jul 1997                    YEAR 1996

Market       278,745         17          241,571        16
Capital-
isation
(Domestic)
(US$ Million)


             JSE             RANKING      JSE            RANKING
             Jul 1997                     YEAR 1996
             

Market       20,581           27           26,997         29
Turnover
(US$ million)

Liquidity %  18.0             38             11.2         38



*The ranking of the JSE has been affected by the inclusion of 
the following Stock Exchanges into the FIBV statistics

*Athens
*Phillipines
*Lima
*Irish
*Lisbon


The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.



For further information contact Ailsa Thorpe at the Johannesburg Stock Exchange - Tel: +27 11 377 2306, Fax: +27 11 834 7402, Web:http://www.jse.co.za - or enter text search 'Johannesburg Stock Exchange' and 'Business Monitor'.