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12 Most Popular JSE Stocks For Shareholders In The Last Two Months

12 Most Popular JSE Stocks For Shareholders In The Last Two Months

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The Johannesburg Stock Exchange is an indicator of how companies in South Africa are doing, with JSE stocks attracting shareholders who believe in the future and profitability of these businesses.

Statistics released by financial software and data company TimbukOne reveal the shares that the JSE’s 100 biggest shareholders bought during July and August.

Here are the 12 most popular JSE stocks that shareholders were buying during the last two months.

Sources: TimbukOneJSEMoneyWeb, Forbes, Examiner, EngineeringNews.

Old Mutual continues to find success - businessdailyafrica.com
Old Mutual continues to find success on the JSE – businessdailyafrica.com

12) Old Mutual

The financial services company begins our list of the most popular JSE stocks on the for the months of July and August this year, with shareholders buying around $34.5 million worth of shares in the company.

best bet in market turmoil
Gold mine, Johannesburg, South Africa. Photo: richestlifestyle.com

11) AngloGold Ashanti

The Sandton-based exchange also saw a successful two months for mining company AngloGold Ashanti, with the popularity of gold as a commodity translating into a $38.1 million of shareholder investment in the company.

Imperial Holdings in South Africa - Image: timeslive.co.za
Imperial Holdings in South Africa – Image: timeslive.co.za

10) Imperial Holdings

The logistics and transport company was the tenth most popular JSE stock amongst shareholders on the South African exchange, with around $41 million worth of shares bought during the two months.

Gold Fields continues to do well on the JSE
Gold Fields continues to do well on the JSE

9) Gold Fields

With economic volatility globally comes an increased interest in gold, and Gold Fields have benefited from this on the Joburg Exchange, attracting $41.3 million from shareholders in July and August alone.

A selection of Tiger Brands products
A selection of Tiger Brands products – businessdailyafrica.com

8) Tiger Brands

The Johannesburg-based company that produces over one hundred packaged goods and food items continues to show excellent growth on the JSE, with shareholders buying around $56.4 million worth of company shares during the period.

Ascendis Health CEO Dr Karsten Wellnere
Ascendis Health CEO Dr Karsten Wellner – bizradio.com

7) Ascendis Health

Pharmaceutical company Ascendis Health found fortune on the Johannesburg Stock Exchange during July and August, as the firm managed to attract around $58.2 million from shareholders in those months.

Investec Bank - Citizen.co.za/Investec bank
Investec Limited is sixth on the list – Citizen.co.za/Investec bank

6) Investec Ltd

Financial services certainly seem to be popular JSE stocks at the moment, and Investec Limited is capitalising on that popularity. The international specialist banking and asset management group, which is also listed in London, experienced $61.5 million in JSE shareholder interest during the months of July and August.

Standard Bank shares selling well - Photo: Financial Mail
Standard Bank shares selling well – Photo: Financial Mail

5) Standard Bank

Another bank on the list, Standard Bank shares put them fifth in terms of the most popular stocks on the JSE for July and August, as shareholders boosted the brand with investment of around $69.5 million during that period.

AB InBev and SABMiller
AB InBev is a drinks mega company. Photo: Daniel Acker/Bloomberg/Getty

4) Anheuser-Busch InBev

Anheuser-Busch InBev is the company at the heart of the massive $104 billion takeover of rival brewer SABMiller, and the shares of the company on the Johannesburg Stock Exchange continue to do well, with $77.8 million bought in July and August.

Dot FNB branches
FNB is a brand of FirstRand Limited – htxt.co.za

3) FirstRand Limited

FirstRand Limited is the holding company of FirstRand Bank, and operates as a financial services provider in South Africa and several African countries. The company is listed on the Namibian Stock Exchange, as well as the JSE, where July and August saw approximately $81 million of shareholder investment in the company.

Steinhoff Expands Into America
Steinhoff CEO, Markus Jooste leads the company forward. Photo: Jeremy Glyn/Rand Daily Mail

2) Steinhoff International Holdings

The South African manufacturer continues to be a sought after stock, with Forbes calling the company “Africa’s Ikea”.  The firm is now the second largest household goods retailer in Europe, and during the last two months a total of $95 million worth of JSE stock was purchased.

ShowMax
Koos Bekker, co-founder of Naspers. Photo: cnbcafrica.com

1) Naspers

Incredibly, Naspers is trading at a price-to-earnings ratio of over 100 times, but the South African company’s stock continues to show gains on the JSE, attracting around $181.4 million in shareholder investment over the last two months.