FTSE/JSE Top 40
J200 · ZAR
Africa's deepest market, with global miners and media.
The Johannesburg Stock Exchange is the largest and most developed market in Africa. The Top 40 mixes global miners, internet holdings via Naspers and Prosus, banks and retailers. Many constituents earn much of their revenue outside South Africa.
Sector breakdown
What drives the index
Materials
30%Gold, platinum and diversified miners.
Financials
25%Banks and insurers.
Technology
15%Internet holdings through Naspers.
Consumer
18%Retailers and beverages.
Telecom
Mobile networks across Africa.
Industrials & Property
Infrastructure services and listed property.
Top companies
The franchises that matter
Naspers
Holding company with an indirect stake in Tencent.
FirstRand
Leading South African banking group.
Standard Bank
Africa's largest bank by assets.
Anglo American Platinum
Largest platinum producer.
Gold Fields
International gold producer.
MTN Group
Mobile operator across Africa.
Latest News
The JSE was founded in 1887 during the Witwatersrand gold rush.
South Africa produces most of the world's platinum.
Many JSE companies are dual-listed in London.
- Developed financial system
- Commodity exposure
- Global revenue streams
- Power shortages
- ZAR volatility
- Slow domestic growth
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