The JSE is more "normal" it looks at fundamentals in the country and then responds. The govt is too busy to crank up the psychology like here the major poor population is the issue hence the JSE is more considered since the "big boys" run it.
Hence I feel it is best of BRICKS to play it is a very mature stock exchange BUT you need to have a feel for South Africa.
I love the country obviously but the market is very well priced hence me shorting it.
Unfortunately I just cannot see much upside from here things are too hard. People are poor and desperate ?morally not a good idea to short? It is better off in many ways than Argentina SA has NEVER defaulted.
