That part of a company’s profit which is distributed to shareholders, usually expressed as a number of cents per share.

A rights issue occurs when a company decides to raise additional funds from their existing shareholders.

Part ownerships of a company which can be owned by a juristic person or any individual, irrespective of race, education level, or any other factor - sometimes also known as "stock".

The four main elements which go into the production of goods and services. These are capital, land (including buildings) labour and entrepreneurial ability and they are all inherently limited.

An excess of import costs over export revenues on the current account of the balance of payments.

The dividends per share of a listed company, after allowing for 15% dividends withholding tax, expressed as a percentage of its current market price.

A euphemism for the printing of money by central banks to revive a failing economy.

Where the market as a whole or a particular share or sector falls for an extended period.

The Standard and Poors actuarially weighted index of the 500 largest companies trading on the New York Stock Exchange.

Precious metal, with a mass 18 times that of water, known and prized for thousands of years as a medium of exchange and a store of value.

An order given to a stockbroker to buy or sell at or better than a specific price.

An element of the balance of payments consisting of the trade account (imports minus exports) and the service account consisting of payments and receipts for services used or rendered by South Africa.

(ALT-X) This is a junior division of the JSE designed to allow smaller, fast-growth, black economic empowerment and fledgling mining companies to list.

The last day on which to purchase a share to benefit from a corporate action.

A basic technical analysis tool calculated by adding up a number of trading day’s prices and dividing by that number of days.

An approach to share assessment that strives to establish a share’s real value based on a discounted cash flow of future dividends.

An approach to share assessment that strives to establish a share’s real value based on a discounted cash flow of future dividends.

(OB/OS) A technical oscillator calculated by measuring the gap between the price and a specified moving average and then expressing that as a percentage of that moving average.