{"id":282205,"date":"2018-11-06T11:24:53","date_gmt":"2018-11-06T09:24:53","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=282205"},"modified":"2018-11-06T11:24:53","modified_gmt":"2018-11-06T09:24:53","slug":"these-are-the-biggest-winners-and-losers-on-the-jse-this-year-so-far","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/282205\/these-are-the-biggest-winners-and-losers-on-the-jse-this-year-so-far\/","title":{"rendered":"These are the biggest winners and losers on the JSE this year so far"},"content":{"rendered":"

Asset manager at Vestact, Bright Khumalo, has published a list of the 10 biggest winners and 10 biggest losers on the JSE so far in 2018 – showing which listed companies have seen their share prices blow up, and which saw their market prices crash.<\/p>\n

The investor showed the rankings of both the All Share Index as well as the Top 40 Index, led by Mix Telematics and Anglo American, respectively.<\/p>\n

While the All Share has delivered a return of -8.77% year-to-date, Mix and a group of other companies bucked the trend by some margin.<\/p>\n

Mix showed a positive price return of 51.75%, just ahead of Montauk Energy Solutions which showed a return of 51.39%.<\/p>\n

On the Top 40 Index, the overall index showed a similar negative return as the All Share, with -8.73%.<\/p>\n

Anglo American has led the index with a positive price return of 25.17%, followed by other mining firms BHP Billiton and Anglo Gold Ashanti with a return of 19.51% and 14.22%, respectively.<\/p>\n

Among the worst-perming companies, the All Share had Fortress REIT in bottom position (-64.05%), just below Blue Label Telecom (-63.81%).<\/p>\n

Blue Label in particular had a challenging year after shareholders punished the group for Cell C’s less than stellar results – however, it was Tiger Brands on the Top 40 Index that took the biggest hit following the widely publicised listeria outbreak, which many held the group responsible for.<\/p>\n

Tiger Brands posted a YTD negative return of -40.66%, below Aspen Pharmacare (-38.74%).<\/p>\n

Telco group MTN also featured on the worst-performing list with a negative return of -36.35% YTD. MTN has been hammered over the past few years because of regulatory issues in Nigeria.<\/p>\n

Most recently, the group was accused of expatriating money to shareholders by Nigeria’s Central Bank, which has demanded that $8.1 billion be returned to the country.<\/p>\n

The graphs below show the biggest winners and losers in South Africa in 2018 so far:<\/p>\n

\"\"<\/a> \"\"<\/a><\/p>\n

\n

Read:\u00a04 shares to buy on the JSE right now, including a tech stock<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Asset manager at Vestact, Bright Khumalo, has published a list of the 10 biggest winners and 10 biggest losers on the JSE so far in 2018<\/p>\n","protected":false},"author":10,"featured_media":28252,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26,5142],"class_list":["post-282205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline","tag-vestact"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/282205","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=282205"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/282205\/revisions"}],"predecessor-version":[{"id":282219,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/282205\/revisions\/282219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/28252"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=282205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=282205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=282205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}