ZAforexPopular JSE shares
How the JSE works
The Johannesburg Stock Exchange is Africa's largest stock exchange. Continuous trading runs from 09:00 to 16:50 SAST on weekdays, followed by a closing auction that sets the official closing price shortly after 17:00. The exchange is closed on South African public holidays. Prices are quoted in cents: a share showing 15,420 costs R154.20.
The All Share Index (J203) covers about 99% of the market's value; the Top 40 (J200) tracks the 40 largest companies. Because rand-hedge giants such as Naspers, Prosus, Richemont, Anglo American and Glencore earn mostly abroad, the JSE often rises when the rand weakens.
JSE sectors at a glance
| Sector | Big names | Main driver |
|---|---|---|
| Tech & media | Naspers, Prosus | Tencent share price |
| Banks | FirstRand, Standard Bank, Capitec, Absa | Interest rates, credit losses |
| Gold miners | Gold Fields, Harmony, DRDGold | Gold price in rand |
| PGM miners | Sibanye-Stillwater, Implats | Platinum and palladium |
| Energy | Sasol, Thungela, Exxaro | Oil and coal prices |
| Telecoms | MTN, Vodacom, Telkom | Data growth, African currencies |
| Retail | Shoprite, Boxer, Mr Price | Consumer spending |
How to start investing in JSE shares
- Open an account with a stockbroker or investing app (compare brokerage and monthly fees).
- Decide between individual shares and low-cost ETFs that track the Top 40 or All Share.
- Consider a tax-free savings account for long-term investing.
- Diversify: no single share should be a large part of your savings.
Frequently asked questions
What time does the JSE open and close?
Continuous trading runs from 09:00 to 16:50 SAST, Monday to Friday, with a closing auction just after 17:00.
What is the JSE All Share Index?
The FTSE/JSE All Share Index (J203) measures the performance of nearly all shares on the JSE Main Board, weighted by free-float market value.
Are these JSE prices live?
They are delayed by at least 15 minutes, which is standard for free market data.