{"id":103577,"date":"2015-11-10T19:15:42","date_gmt":"2015-11-10T17:15:42","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=103577"},"modified":"2015-11-11T11:36:03","modified_gmt":"2015-11-11T09:36:03","slug":"these-are-south-africas-biggest-listed-companies","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/103577\/these-are-south-africas-biggest-listed-companies\/","title":{"rendered":"These are South Africa’s biggest companies"},"content":{"rendered":"

Even though it has lost almost\u00a030% of its value since November 2014, MTN still remains one of the biggest companies listed on the Johannesburg Stock Exchange (JSE).<\/p>\n

MTN, which was more than double the value of Vodacom in terms of market cap in 2014, has declined\u00a0 significantly to be only 32% larger than its strongest competitor.<\/p>\n

This is directly as a result of a massive $5.2 billion fine facing the company from the Nigerian Communications Commission, which resulted in a crash in the group’s share price at the end of last month.<\/p>\n

The fine relates to the timing of the disconnection of 5.1 million MTN Nigeria subscribers who were disconnected in August and September 2015 and is based on a fine of N200,000 for each unregistered subscriber.<\/p>\n

In the week after the news broke, MTN’s shares dropped 20%, before recovering slightly in recent sessions. Year on year, however, the group’s value has slipped just under 30%.<\/p>\n

Vodacom, meanwhile, has seen year-to-date growth of\u00a016%, which has pushed its market capitalization up to R223.5 billion.<\/p>\n

According to Vodacom CEO, Shameel Joosub, however, MTN will\u00a0likely overcome its current hurdles in Nigeria and will bounce back.\u00a0\u201cMTN is a strong company \u2013 it will come back,\u201d he said.<\/p>\n

Top 20 performance in 2015<\/h3>\n

Notably, among the biggest companies in the country, mining and mineral stocks have taken a knock over the past 12 months, with Anglo American dropping out of the top 20 altogether.<\/p>\n

BHP Billiton, once the biggest company on the local bourse, has slipped to third, making room for British American Tobacco to take the crown – followed by SAB Miller which saw a recent boost from the AB InBev acquisition.<\/p>\n

20 biggest companies on the JSE<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nCompany<\/th>\nMarket cap (ZAR billions)<\/th>\n<\/tr>\n
1<\/td>\nBritish American Tobacco<\/td>\n1 515.0<\/td>\n<\/tr>\n
2<\/td>\nSAB Miller<\/td>\n1 392.0<\/td>\n<\/tr>\n
3<\/td>\nBHP Billiton<\/td>\n1 129.0<\/td>\n<\/tr>\n
4<\/td>\nNaspers<\/td>\n860.5<\/td>\n<\/tr>\n
5<\/td>\nRichemont<\/td>\n660.6<\/td>\n<\/tr>\n
6<\/td>\nSteinhoff<\/td>\n323.2<\/td>\n<\/tr>\n
7<\/td>\nMTN<\/td>\n295.3<\/td>\n<\/tr>\n
8<\/td>\nSasol<\/td>\n291.8<\/td>\n<\/tr>\n
9<\/td>\nFirstRand<\/td>\n284.9<\/td>\n<\/tr>\n
10<\/td>\nStandard Bank<\/td>\n227.7<\/td>\n<\/tr>\n
11<\/td>\nVodacom<\/td>\n223.5<\/td>\n<\/tr>\n
12<\/td>\nOld Mutual<\/td>\n215.3<\/td>\n<\/tr>\n
13<\/td>\nBarclays Africa<\/td>\n148.8<\/td>\n<\/tr>\n
14<\/td>\nAnglo American<\/td>\n144.4<\/td>\n<\/tr>\n
15<\/td>\nAspen<\/td>\n143.4<\/td>\n<\/tr>\n
16<\/td>\nRemgro<\/td>\n139.4<\/td>\n<\/tr>\n
17<\/td>\nSanlam<\/td>\n127.5<\/td>\n<\/tr>\n
18<\/td>\nBidvest<\/td>\n116.1<\/td>\n<\/tr>\n
19<\/td>\nMediclinic<\/td>\n115.7<\/td>\n<\/tr>\n
20<\/td>\nMondi Plc<\/td>\n115.0<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

JSE top 20 share price changes (ZAR)<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Company<\/th>\nShare Price (10\/11\/14)<\/th>\nShare Price (10\/11\/15)<\/th>\nChange<\/th>\n<\/tr>\n
Mondi Plc<\/td>\n191.00<\/td>\n317.54<\/td>\n+66.3%<\/span><\/td>\n<\/tr>\n
Steinhoff<\/td>\n54.46<\/td>\n84.80<\/td>\n+55.7%<\/span><\/td>\n<\/tr>\n
Naspers<\/td>\n1 406.00<\/td>\n2 090.00<\/td>\n+48.7%<\/span><\/td>\n<\/tr>\n
SAB Miller<\/td>\n624.66<\/td>\n859.83<\/td>\n+37.6%<\/span><\/td>\n<\/tr>\n
British American Tobacco<\/td>\n644.23<\/td>\n816.34<\/td>\n+26.7 %<\/span><\/td>\n<\/tr>\n
Old Mutual<\/td>\n34.89<\/td>\n44.05<\/td>\n+26.3%<\/span><\/td>\n<\/tr>\n
Mediclinic<\/td>\n97.35<\/td>\n120.73<\/td>\n+24.0%<\/span><\/td>\n<\/tr>\n
Vodacom<\/td>\n127.50<\/td>\n150.70<\/td>\n+18.2%<\/span><\/td>\n<\/tr>\n
Richemont<\/td>\n96.85<\/td>\n114.31<\/td>\n+18.0%<\/span><\/td>\n<\/tr>\n
Bidvest<\/td>\n300.50<\/td>\n339.18<\/td>\n+12.9 %<\/span><\/td>\n<\/tr>\n
FirstRand<\/td>\n47.20<\/td>\n50.28<\/td>\n+6.5%<\/span><\/td>\n<\/tr>\n
Remgro<\/td>\n255.80<\/td>\n271.11<\/td>\n+6.0%<\/span><\/td>\n<\/tr>\n
Standard Bank<\/td>\n134.01<\/td>\n140.74<\/td>\n+5.0%<\/span><\/td>\n<\/tr>\n
Barclays Africa<\/td>\n173.10<\/td>\n173.00<\/td>\n-0.1%<\/span><\/td>\n<\/tr>\n
Sanlam<\/td>\n71.98<\/td>\n60.12<\/td>\n-16.5%<\/span><\/td>\n<\/tr>\n
Sasol<\/td>\n550.00<\/td>\n448.00<\/td>\n-18.5%<\/span><\/td>\n<\/tr>\n
Aspen<\/td>\n393.00<\/td>\n311.28<\/td>\n-20.8%<\/span><\/td>\n<\/tr>\n
BHP Billiton<\/td>\n280.67<\/td>\n207.00<\/td>\n-26.3%<\/span><\/td>\n<\/tr>\n
MTN<\/td>\n228.00<\/td>\n160.01<\/td>\n-29.8%<\/span><\/td>\n<\/tr>\n
Anglo American<\/td>\n244.26<\/td>\n104.28<\/td>\n-57.3%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

More on companies<\/h3>\n

MTN vs Vodacom share price in 2015<\/a><\/strong><\/p>\n

Best performing companies in South Africa<\/a><\/strong><\/p>\n

One big problem state-owned companies can\u2019t seem to shake<\/a><\/strong><\/p>\n

Best companies to work for in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Even though it has lost almost 30% of its value since November 2014, MTN still remains one of the biggest companies listed on the JSE.<\/p>\n","protected":false},"author":10,"featured_media":85335,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[9543,26,28,27],"class_list":["post-103577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-companies","tag-headline","tag-mtn","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/103577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=103577"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/103577\/revisions"}],"predecessor-version":[{"id":103665,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/103577\/revisions\/103665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/85335"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=103577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=103577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=103577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}