Open:
Prev close:
Range:
Volume:
Bid:
Bid Volume:
Offer:Sasol SOLBE1 Overview and Performance
Sasol SOLBE1 Overview and Performance. Sasol SOLBE1 trades on the Empowerment Segment of the JSE (BEE).
| 🔎 Company | 🥇 Sasol |
| 🌎 Country of Operation | South Africa |
| ⚙️ Operational | 22 Countries |
| ✅ Supplies | 100+ Countries |
| 📌 Products | Chemicals Energy Substainable Aviation Fuel |
RECOMMENDED JSE BROKER
🛡️ Trust Score
97%
Avatrade - #1 JSE Trading Platform
- Time to open Account - Only 12 Hours
- Low Commissions
- Invest in any JSE Top 40 Share
RECOMMENDED JSE BROKER
🛡️ Trust Score
97%
Avatrade - #1 JSE Trading Platform
- Time to open Account - Only 12 Hours
- Low Commissions
- Invest in any JSE Top 40 Share
Sasol SOLBE1 Overview
Sasol is a South African company that is a world leader in the chemical and energy industries. Sasol Shares can be bought and sold with FNB, ABSA, Capitec Bank, EasyEquities, Nedbank, and Standard Bank. Sasol has a clear mission and is determined to achieve it by being a sustainable organization that provides value to all its constituents. Sasol collaborates with a wide range of businesses to design and execute innovative solutions. The shares of Sasol are traded on the New York Stock Exchange (NYSE) and the Johannesburg Stock Exchange (JSE).
Sasol has a strong commitment to sustainability and backs the Paris Agreement and is hastening the transition to its goal of Net Zero emissions by 2050. Shares of Sasol designated as BEE ordinary shares (SOLBE1 shares) can only be bought and sold by Black South Africans (as specified by the BEE Codes) on the Empowerment Segment of the JSE (BEE).
In terms of dividends, SOLBE1 shareholders are on par with SOL shareholders. Depending on the liquidity and number of trades, SOLBE1 shares are presently trading at a modest discount to SOL shares.
How to trade Sasol SOLBE1 Shares
Only participants who have signed the JSE BEE Contract and meet the criteria for “BEE Compliant Persons” as specified by DTI Codes can sell or purchase SOLBE1 shares. SOLBE1 shares are thus listed on the BEE board of the JSE. The best way to sell SOLBE1 shares is to call or visit Computershare and have them issue a sell instruction. Then, after a customer service representative at a contact center verifies the investor’s identity and the number of shares they own, the selling procedure can begin.
The shares will be posted for sale and processed after the investor confirms the number of shares to be traded. Then, the stock will be put up for sale for a certain time when a suitable buyer will be found for the holdings. A sale reference will be accessible if a buyer and a seller are successfully matched. A sale reference will be accessible if a buyer and seller are matched successfully.
In addition, the shares will remain in the investor’s possession until a buyer is found. Alternatively, investors can sell their shares using a stock trading website (broker) or they can sell through FNB, Standard Bank, or other banks that list SOLBE1.
Growth and Valuation on SOLBE1
Sasol Limited is a public company that trades on the JSE. On the Johannesburg Stock Exchange, BEE – Sasol shares are traded under the ticker code “SOLBE1.” With a current market value of ZAR 110 billion, Sasol Limited is now ranked as the 30th most valuable stock on the JSE.
In addition, this represents about 0.567% of the equity market traded on the Johannesburg Stock Exchange.
| 📌 Metric | 📍 Information |
| 📈 Market Capitalization | 195 billion ZAR |
| 📉 Shares outstanding | 641 million |
| 📊 Gross turnover | 13,000 ZAR |
| 📍 EPS (June 22) | 62.34 ZAR |
| ⚙️ Dividend Yield | 8.54% |
| 📈 Return on Equity | 21.57% |
| 📉 Return on Assets | 10.96% |
Market Performance on SOLBE1
The share price of Sasol was 140.00 ZAR before the year started, and it has since gained 22.9% on that price valuation, placing it in 42nd place on the JSE in terms of year-to-date performance. Over the previous three months, BEE – Sasol has ranked as the 367th most traded stock on the Johannesburg Stock Exchange from August 11 to date.
In the past three months, SOLBE1 completed a total volume of 209 trades worth ZAR 5.18 million, resulting in the exchange of 29,176 shares, with an average of 463 shares moved each day. On August 24, SOLBE1’s trading volume reached an all-time high of 9,421.
| ⏰ Timeframe | ⚙️ Performance |
| 📌 Year to date | +22.9% |
| 📍 1-Year | +9.27% |
| 📌 6 Months | +20.4% |
| 📍 3 Months | -2.22% |
| 📌 4 Weeks | -1.66% |
| 📍 1 Week | -0.23% |
Conclusion
Overall, Sasol SOLBE1 trades on the Empowerment Segment of the JSE (BEE) and is only available to trade among Black South Africans as defined by the BEE Codes.
Frequently Asked Questions
What is SOLBE1’s share price?
The price of SOLBE1 shares is 172.10 ZAR (2022/11/08).
How can I sell SOLBE1 shares?
You can sell SOLBE through a participant that has signed the JSE BEE Contract.
Where else can I buy SOLBE1 shares?
You can now purchase and sell SOLBE1 shares on Standard Online Share Trading (OST) from Standard Bank.
Top 4 Brokers
