Best Performing JSE shares revealed according to market research performed in South Africa. We have carried out extensive fundamental and technical analysis to compile a list of the 5 shares in South Africa that are performing the best on the JSE.
5 Best Performing Shares on the JSE Revealed (2025):
- ☑️ Kumba Iron Ore Ltd. (KIO)
- ☑️ Impala Platinum Holdings Limited (IMP)
- ☑️ Anglo American Platinum Corporation Limited (AMS)
- ☑️ AngloGold Ashanti Limited (ANG)
- ☑️ Exxaro Resources Limited (EXX)
In this guide, you’ll learn:
- What is the JSE?
- 5 Best Performing Shares on the JSE
- How to choose the right Stock Broker in South Africa
- The Best Stock Trading Brokers in South Africa
Kumba Iron Ore Ltd. (KIO)
Kumba Iron Ore Limited and its subsidiaries are involved in the iron ore industry, including exploration, extraction, beneficiation, marketing, sale, and shipping. Northern Cape Province is home to the Sishen and Kolomela mines, where the iron ore is mined.
The strengths attributable to Kumba Iron Ore Ltd are as follows:
☑️ Kumba Iron Ore Limited has extremely strong fundamentals, especially considering that close to 70% of businesses, growth, profitability, debt, and transparency are all on the decline in South Africa.
☑️ Kumba Iron Ore Ltd ranks well in its industry and has a high Refinitiv ESG score.
☑️ The company margins before depreciation, amortization, and taxes are extremely healthy because of a high EBITDA/Sales ratio.
☑️ The firm has one of the greatest profit margins in the market. Its primary operations generate substantial revenue.
☑️ The company’s financial health allows for substantial capital expenditures.
☑️ The stock is favorable because of its cheap valuation, with a P/E ratio of 5.29 for the current fiscal year and 7.39 for fiscal 2025.
☑️ The high value is justified by the firm’s strong cash flow generation capabilities.
☑️ Investors seeking a high dividend stock will be extremely interested in this firm.
☑️ The sales projection has been steadily revised higher during the last twelve months.
☑️ The earnings per share estimates of analysts following the company have been steadily rising over the last year.
Impala Platinum Holdings Limited (IMP)
Impala Platinum Holdings Limited, also known as Implats, is a holding company based in South Africa that owns multiple businesses that run mines that produce platinum and metals in the platinum group, in addition to nickel, copper, and cobalt.
Implats is currently one of the best performing shares in South Africa with a good ESG score in terms of its sector, with the following notable strengths:
☑️ Company margins before depreciation, amortization, and taxes are extremely healthy because of a high EBITDA/Sales ratio.
☑️ Exceptional net margins suggest the group’s efforts are very lucrative.
☑️ The company’s financial health allows for substantial capital expenditures.
☑️ Earnings multiples are modest, with the company trading at a P/E of 3.84 for the current fiscal year and 3.83 for 2025.
☑️ The present enterprise value to sales ratio is at 0.85, which is a solid indicator of underlying business performance. This means that the market does not fairly reflect the true worth of the firm.
☑️ The high value is justified by the firm’s strong cash flow generation capabilities.
☑️ Investors seeking a high dividend stock will be extremely interested in this firm.
☑️ This company has substantial upside potential, given the wide gap between its present price and the average target price.
Anglo American Platinum Corporation Limited (AMS)
About 38% of the world’s yearly platinum supply comes from Anglo American Platinum Limited (JSE: AMS), making it the biggest primary producer of platinum in the world.
Most of the company’s South African activities are located north and northeast of Johannesburg. The Bushveld Igneous Complex is where the vast bulk of the firm’s work is done.
Anglo American Platinum is currently one of the best performing shares with these strengths:
☑️ Company margins before depreciation, amortization, and taxes are extremely healthy because of a high EBITDA/Sales ratio.
☑️ The firm has one of the greatest profit margins in the market. Its primary operations generate substantial revenue.
☑️ The company’s financial health allows for substantial capital expenditures.
☑️ In terms of value based on earnings multiples, the stock is among the most competitive on the market.
☑️ The high value is justified by the firm’s strong cash flow generation capabilities.
☑️ Investors seeking a high dividend stock will be extremely interested in this firm.
☑️ The optimistic findings that are often released by the organization have high rates of surprise.
AngloGold Ashanti Limited (ANG)
Gold mining business AngloGold Ashanti Limited (AngloGold Ashanti) operates in nine countries across four continents and has a varied portfolio of high-quality projects, operations, and exploration activities.
AngloGold Ashanti’s primary output is gold, although the company also produces silver (in Argentina) and sulphuric acid (in Brazil). Quebradona, one of two active projects in Colombia, will provide both gold and copper.
AngloGold Ashanti is continuously one of the best performing shares on the JSE, featuring these strengths:
☑️ Company margins before depreciation, amortization, and taxes are healthy because of a high EBITDA/Sales ratio.
☑️ The substantial margins the firm returns help it stay profitable.
☑️ If one looks at the firm’s net cash and margin position, it is in an extraordinarily strong financial position.
☑️ Its low P/E ratio of 153.36 for the current fiscal year and 100.96 for 2025 makes the company a good buy relative to earnings multiples.
☑️ The high value is justified by the firm’s strong cash flow generation capabilities.
☑️ The sales projection has been steadily revised higher during the last twelve months.
☑️ This company has substantial upside potential, given the wide gap between its present price and the average target price.
Exxaro Resources Limited (EXX)
One of the major, black-empowered resource firms in South Africa is Exxaro Resources Limited (JSE: EXX). Exxaro is one of the top five coal producers in South Africa, and it is a component of the JSE’s Top 40 index.
Exxaro is one of the best-performing shares on the JSE and it features the following key strengths that make it a suitable investment:
☑️ Company margins before depreciation, amortization, and taxes are healthy because of a high EBITDA/Sales ratio.
☑️ The firm has one of the greatest profit margins in the market. Its primary operations generate substantial revenue.
☑️ The company’s financial health allows for substantial capital expenditures.
☑️ The stock is favorable because of its cheap valuation, with a P/E ratio of 2.77 for the current fiscal year and 2.71 for 2025.
☑️ The current enterprise value to sales ratio is at 0.87, which is a solid number in terms of the underlying fundamentals. This means that the market does not fairly reflect the true worth of the firm.
☑️ The high value is justified by the firm’s strong cash flow generation capabilities.
☑️ Investors seeking a high dividend stock will be interested in this firm.
☑️ The sales projection has been steadily revised higher during the last twelve months.
☑️ The earnings per share estimates of analysts following the company have been steadily rising over the last year.
☑️ For the last several months, consensus projections for earnings per share have been steadily rising.
☑️ Over the previous four months, the consensus of analysts following the stock has risen.
How to choose the right Stock Broker in South Africa
South African share traders could not have picked a more favorable time to enter the investment market than the present.
Competition among online brokers is high, which means costs are dropping down and features are being boosted.
Those interested in trading on the JSE could choose from a wide variety of online Stock trading Brokers. There are several factors to consider when choosing a broker; we will go through them here.
Commission Charges
Individual stocks, options, mutual funds, exchange-traded funds, and bonds are the main investment types offered by brokers. Some will also provide exposure to the forex market, futures trading, and cryptocurrency exchanges.
Both the suitability of the broker’s offerings to your investment requirements and the fees you must pay is dependent on the investments the broker has available. You should pay close attention to the commissions that are involved with the investments you like.
Overall Reliability
There is a diverse selection of brokers available. Several have been popular for many years, while others have just recently emerged.
That does not imply they cannot be trusted, but if they are managing transactions for clients, they are members of a self-regulatory organization like the Financial Industry Regulatory Authority, the Financial Sector Conduct Authority (FSCA), or subject to additional oversight.
Account Fees
While it may be impossible to eliminate account fees, they may be kept to a minimum. To withdraw funds or investments, or to close your account, most brokers will assess a fee. When switching brokers, your new firm could pay some or all your transfer expenses.
If a broker does not charge them, or if you do not use their optional services, you could avoid paying most additional costs.
Annual costs, inactivity fees, trading platform subscriptions, and additional charges for research or data are all examples of the kind of expenses you should be aware of.
Pricing and Execution on Trades
Cost is less of a factor today, leading to commission-free transactions becoming the norm at most brokerages.
However, you should consider the brokerage’s position on the controversial practice of paying for order flow and how much it costs before making a final decision.
This is especially true if you are an active trader who wants their deal completed at the best price possible, even if it means a difference of a few cents.
Additional Tools, Educational Materials, and Features
Look for a brokerage that provides free educational tools like live webinars, detailed how-to instructions, video tutorials, glossaries, and more if you are just starting in the investment world.
You should also look at the broker’s commitment to educating its customers about the inherent hazards of more complex trading tactics like options.
The Best Stock Trading Brokers in South Africa
In this article, we have listed the best Stock trading brokers which offer share trading to South African traders. We have also pinpointed the Stock trading brokers who go beyond what is required to meet the needs of their clients.
Best MetaTrader 4 / MT4 Stock trading Broker in South Africa
Overall, IFX Brokers is the best MT4 Stock trading Broker in South Africa. The Financial Sector Conduct Authority (FSCA) regulates IFX Brokers, a broker in South Africa that allows clients to trade on MetaTrader 4.
IFX Brokers provides its clients with a variety of learning resources and trading guides, features, and tools.
Best MetaTrader 5 / MT5 Stock trading Broker in South Africa
Overall, XM is the best MetaTrader 5 Stock trading Broker in South Africa. XM is a leading market maker that offers low minimum deposits and access to a broad range of assets on both MetaTrader 4 and MetaTrader 5.
Best Stock Trading Broker for beginners in South Africa
Overall, AvaTrade is the best Stock trading Broker for beginners in South Africa. When it comes to STP and Market Maker brokers in South Africa, many traders use AvaTrade.
If you are just starting in the trading world, AvaTrade has the greatest selection of learning resources and a sample account available.
Best Low Minimum Deposit Stock trading Broker in South Africa
Overall, FBS is the best Low Minimum Deposit Stock trading Broker in South Africa. If you are a trader in South Africa, you could easily take advantage of FBS’s extensive instrument offering and innovative mobile trading software.
With FBS, you may start trading with an extraordinarily little initial investment and still get a bonus.
Best ECN Stock trading Broker in South Africa
Overall, Pepperstone is the best ECN Stock trading Broker in South Africa. Pepperstone has customers in more than 65 different countries.
Pepperstone offers over 80 diverse types of financial products and is one of the leading STP and ECN brokers in the industry.
Best Islamic / Swap-Free Stock trading Broker in South Africa
Overall, Exness is the best Islamic / Swap-Free Stock trading Broker in South Africa. You can easily trade in many currencies with the adaptable multi-currency accounts offered by Exness to traders in South Africa.
When Muslim trader opens an account with Exness, they have the option of switching to a Shariah-compliant Islamic account.
Best Share Trading App in South Africa
Overall, IG is the best share trading app in South Africa. More than 19,000 products are available for trading using IG’s robust platform.
The IG trading app is a strong proprietary trading tool that provides a user-friendly design and intuitive functionality.
Best ZAR Trading Account Stock trading Broker in South Africa
Overall, HFM is the best ZAR Trading Account Stock trading Broker in South Africa. HFM is widely regarded as a top brokerage in the United States.
The ZAR-denominated account, convenient in-country deposit and withdrawal options, and secure platform all contribute to this.
Best Lowest Spread Stock trading Broker in South Africa
Overall, FXTM is the best lowest spread Stock trading Broker in South Africa. FXTM is well-liked by traders since it offers zero-pip spreads on more than 45 different currency pairings.
FXTM features low minimum deposits and cheap fees on the most popular trading products.
Best Nasdaq 100 Stock trading Broker in South Africa
Overall, Scope Markets is the best Nasdaq 100 Stock trading Broker in South Africa. In South Africa, traders can easily access a wide variety of Contracts for Difference (CFDs) via the registered broker Scope Markets SA.
Scope Markets is one of the best brokers to provide competitive spreads and cheap commission rates on the Nasdaq 100.
Best Volatility 75 / VIX 75 Stock trading Broker in South Africa
Overall, Saxo Bank is the best Volatility 75 / VIX 75 Stock trading Broker in South Africa. If you are a South African trader looking for the finest possible circumstances for trading the VIX, Saxo Bank is your best bet.
Saxo Bank provides traders with minimal commissions and no fees on deposits or withdrawals.
Best NDD Stock trading Broker in South Africa
Overall, FxPro is the best NDD Stock trading Broker in South Africa. FxPro has over 1.3 million customers and operates in more than 173 countries.
Trading using FxPro’s NDD model, South Africans have access to low spreads and a wide variety of liquidity options from over a dozen reliable market makers.
Best STP Stock trading Broker in South Africa
Overall, FP Markets is the best STP Stock trading Broker in South Africa. Over 10,000 different financial products from all major asset types are available via FP Markets.
STP transaction execution is provided, and traders may anticipate competitive pricing, particularly on major currencies and stocks.
Best Sign-up Bonus Broker in South Africa in South Africa
Overall, Trade Nation is the best sign-up bonus broker in South Africa. Trade Nation provides South Africans with access to innovative, in-house trading technology and a wide variety of tradable products.
The South Africans who sign up for the service will also get trading points that may be accumulated by trading in real-time.
What is the JSE?
The Johannesburg Stock Exchange (JSE) was founded in 1887, during the height of the first South African gold rush. The principal purpose of the JSE is to ease the process of obtaining new money, which can then be invested in the economy to create new jobs and prosperity.
The JSE is a reliable market for establishing prices and mitigating the associated price risks.
Conclusion
Stocks of publicly traded corporations are bought and sold at the Johannesburg Stock Exchange. South African company shares may only be purchased via a share dealing platform that provides direct access to the JSE.
If you want to make money on your investment via share appreciation or dividends, you need to do your homework and choose firms with solid fundamentals.
The top-performing stocks on the JSE may provide you with an idea of which stocks have performed the best in terms of money and other criteria.
Frequently asked questions
What is the best online stock trading site for a beginner in South Africa?
Several online stock trading websites cater to beginners in South Africa including AvaTrade, HFM, IG, eToro, and several others.
Which bank is best for share trading in South Africa?
When it comes to the stock market in South Africa, no other bank compares to Mercantile Bank. Bank transactions such as deposits, withdrawals, and transfers can be completed quickly and easily using the bank’s sophisticated mobile app.
What is the best way to buy shares in South Africa?
The best way to buy shares in South Africa is through an FSCA-regulated share, forex, and CFD broker.
Which broker is best for JSE?
The best broker for the JSE is Citigroup Global Markets, Investec Markets, JP Morgan Equities, SA Stockbrokers, EasyEquities, and others.
How do beginners buy stocks?
Beginners can start learning about stocks by using the enormous range of educational materials available on the internet, or through their share trading broker. Next, beginners can register a demo account with a broker of their choice and practice trading before they invest money.
Once beginners are ready, they can register a live account and fund the account with real capital, then start the process of selecting individual shares, or purchasing share baskets such as ETFs or mutual funds.
Top 4 Brokers
