7. Annualised JSE Liquidity * Month Month % Change Year to date ended ended Jun 96 Jun 97 Jun 96 to Jun 97 Liquidity % 19.7 10.1 +95.0 +15.9 Liquidity % 1996 1995 1994 10.9 7.0 7.5
* Liquidity calculated on a daily basis and not as at month end
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13 August 1997