The Top 40 index is the 40 biggest companies on the JSE, ranked by market capitalisation, or market cap. The market cap of a company is the number of shares outstanding times the current share price. The Top 40 index is a fair reflection of what happens to the South African stock market as a whole, because even though it contains only 40 out of the roughly 400 shares listed on the JSE, it represents over 80% of the the total market cap of all JSE listed companies.
British American Tobacco PLC is the holding company for a group of companies that manufacture, market and sell cigarettes and other tobacco products, including cigars and roll-your-own tobacco. It is the world’s second-largest tobacco company by sales (after Philip Morris International). BAT has a market-leading position in over 50 countries and operations in around 180 countries. Its four largest-selling brands are Dunhill, Lucky Strike, Kent and Pall Mall, with others including Kool, Benson & Hedges and Rothmans.
SABMiller plc (LSE: SAB, JSE: SAB) is a multinational brewing and beverage company headquartered in London, United Kingdom. It is the world’s second-largest brewer measured by revenues (after Anheuser-Busch InBev) and is also a major bottler of Coca-Cola. Its brands include Fosters, Grolsch, Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell. It has operations in 75 countries across Africa, Asia, Australasia, Europe, North America and South America and sells around 21 billion litresof lager per year. SABMiller’s origins date back to the foundation of Castle Breweries in 1895 as to serve a growing market of miners and prospectors in and around Johannesburg, South Africa. From the early 1990s onwards, the company increasingly expanded internationally, making several acquisitions in both emerging and developed markets. In May 2002, SAB plc acquired Miller Brewing, forming SABMiller plc.
BHP Billiton Plc is an international resources company. The Company’s principal business lines are mineral exploration and production, including coal, iron ore, gold, titanium, ferroalloys, nickel and copper concentrate, as well as petroleum exploration and production. Dually-listed company with BHP AU.
Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Through its various subsidiaries, Richemont designs, manufactures, distributes and sells premium jewelery, watches, leather goods, writing instruments, shotguns, rifles, clothing and accessories. Richemont is a publicly traded company listed on the SIX Swiss Exchange and on the JSE Securities Exchange. Their brands include Mont Blanc, Cartier,Panerai, Alfred Dunhill, and moany more. As of November 2012 Compagnie Financière Richemont SA is the sixth largest corporation by market capitalization in the Swiss Market Index. As of 2009, Richemont is the third-largest luxury goods company in the world.
Anglo American PLC is a global mining company. The Company’s mining portfolio includes bulk commodities including iron ore, manganese and metallurgical coal, base metals including copper and nickel and precious metals and minerals including platinum and diamonds. Anglo American PLC has mining operations in Africa, Europe, North and South America, Asia and Australia.
MTN Group Limited provides a wide range of communication services. The Company’s services include cellular network access and business solutions. MTN Group is a multinational telecommunications group, operating in countries in Africa and the Middle East.
Naspers Limited is a holding company for a group of companies which operate in the electronic and print media industries. The Group provides television subscription and internet services and publishes newspapers, magazines and books
Sasol is an integrated oil and gas company with substantial chemical interests, with production facilities located in South Africa, Europe, North America and Asia. The Company operates commercial scale facilities to produce fuels and chemicals from coal in South Africa, and is developing ventures internationally to convert natural gas into clean diesel fuel.
Standard Bank Group Limited is the holding company for a group of companies offering financial services. The Group provides services in personal, corporate, merchant and commercial banking, including insurance broking, mutual fund management, property fund management, as well as other services. Standard Bank is also the holding company of Liberty Life Group Limited.
Vodacom Group Limited operates a cellular telephone network in South Africa. The Company has mobile operations in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo.
Kumba Iron Ore Limited mines for and produces iron ore.
FirstRand Limited is a financial services group providing banking and insurance products and services to retail, commercial, corporate and public sector customers through its portfolio of separately branded franchises. In addition to South Africa, the Group operates in African territories.
Old Mutual PLC is an international long-term savings, protection and investment Group. The Company provides life assurance, asset management, banking and general insurance to customers in Africa, the Americas, Asia and Europe.
ABSA Group Limited is the holding company of a banking and financial services group. The Group provides a range of retail and corporate banking, insurance, financial and property services through local and international networks.
Sanlam Limited is a financial services group in South Africa. Through its subsidiaries, Sanlam is a provider of life insurance, retirement annuities, unit trusts, health insurance, and employee benefits. In addition, the Group provides investment and risk products to group funds. Sanlam has investments in companies involved in securities trading, short-term insurance, and commercial banking.
Shoprite Holdings Limited is an investment holding company with subsidiaries operating in the supermarket, produce distribution, furniture retailing, and property holding industries. Retail chains of the Group include “Shoprite”, “Checkers”, “OK”, “Hyperama”, “Freshmark”, and Sentra”.
Remgro Ltd is an investment holding company that invests in banking and financial services, packaging, glass products, medical services, mining, petroleum, wine and spirits, food and home and personal care products. It holds investments, amongst others, in FirstRand Bank, RMB Holdings, Rainbow Chicken, Medi-Clinic Corp., Unilever South Africa, Tsb Sugar and Total South Africa.
Nedbank Group Ltd is a bank holding company which provides personal, commercial, corporate and merchant banking, fund management and related financial services throughout South Africa. In addition, Nedbank operates internationally through offices in London, Isle of Man, and subsidiaries and associates in sub-Saharan Africa.
Aspen Pharmacare Holdings Limited is a global supplier of branded and generic pharmaceuticals and of consumer and nutritional products in selected territories.
Anglo American Platinum Limited is the holding company for a group of companies which operate platinum mines. In addition to platinum, the Group mines and produces platinum group metals such as palladium, rhodium, iridium, ruthenium, osmium, nickel, copper, and cobalt.
Bidvest Group Limited is the holding company for a group of companies operating in a range of sectors. Subsidiaries manufacture and distribute food and allied products to the catering industry, as well as packaging, stapling, fastening and adhesive tapes, office products, cosmetics, toiletries and skin care products. Bidvest supplies cleansing products and provides laundering services.
AngloGold Ashanti Limited is a holding company for a group of companies which explore for and mine gold internationally. The Group has operations in the Vaal River and West Witwatersrand areas of South Africa as well as Namibia, Mali, Brazil, Argentina, Australia, Tanzania and the United States.
Impala Platinum Holdings Limited, or Implats, is the holding company for a group of companies which operate platinum mines. In addition to platinum, Implats mines, produces, and markets other platinum group metals such as palladium, rhodium, and nickel. Implats also provides refining services for base and precious metals producers.
Woolworths Holdings Limited is a South African-based retail group. The Group, operates a chain of retail stores offering a selected range of clothing, food, homeware, beauty and financial services under its own brand name. The Company also owns a clothing and homeware retailer and has stores in selected African countries and the Middle East.
Tiger Brands Limited manufactures, processes and distributes food products which include milling and baking, confectioneries, general foods, edible oils and derivatives. The Group also owns a South African pharmaceutical manufacturer and distributor
Mediclinic International Limited is an international private hospital group with operations in South Africa, Namibia, Switzerland and the United Arab Emirates.
Exxaro Resources Limited mines and produces coal. The Company seeks to own interest in titanium and zinc mines as well.
RMB Holdings Limited is an investment holding company. Through its equity investment in FirstRand Limited, the Company has activities which include life, group, pension and annuity assurance, merchant banking, asset and fund management, property management and other services. RMB Holdings holds investments in insurance and financial services companies.
Intu Properties PLC is a real estate investment trust. The trust invests in regional shopping centers outside of London. Through a subsidiary, Intu Properties PLC owns and operates retail, office and mixed-use properties in California.
Growthpoint Properties Limited is a real estate company in South Africa. The Company owns a portfolio of commercial, retail and industrial (mostly warehouses) properties in South Africa and Australia.
Discovery Ltd. offers health insurance in South Africa, the United States and the United Kingdom, and life insurance in South Africa and the United Kingdom. The Company also offers tax-efficient investment products, and sponsors a science-based wellness program.
Gold Fields Limited produces precious metals. The Company has mines in South Africa, Ghana, and Australia, as well as a partnership in Finland. Gold Fields has a precious metals programs in Africa, Australasia, Europe, North America, and South America.
Mondi Plc is is an integrated paper and packaging group. The Company manufactures packaging paper, converted packaging products and office paper. Mondi has operations and interests in Western Europe, Emerging Europe And South Africa. Dually-listed company with MND SJ.
Steinhoff International Holdings Limited is the holding company for a group of companies that manufacture and distribute household goods and related timber products throughout southern Africa and Europe. The Group markets its products to middle and upper-income groups.
Assore Limited is a mining holding company with primary interests in base minerals and metals. The Group mines and produces iron ore, manganese ore, ferrochrome, and ferromanganese.
Investec PLC is an international specialist bank and asset manager. The Group provides corporate and investment banking, private banking, securities trading, asset management, property trading and management and trade finance services. Dually-listed company with INL SJ.
Massmart Holdings Limited distributes and retails general merchandise, food, and liquors to customers in southern Africa. The Group operates through five separate chains: Game, Dion, Makro, Shield, and CCW.
Imperial Holdings Limited is a diversified holding company for a group of companies which provide car rental, leasing, coach touring, motor vehicle retailing, aviation leasing, commercial transport, warehousing and logistics, life insurance, banking and other related financial services and investments.
Truworths International Limited is a retailer of apparel and jewelry. The Group operates in southern Africa through the branded outlets: “Truworths Man”, “Truworths Ladies”, “Daniel Hechter”, “Inwear”, and “LTD”.
African Rainbow Minerals Ltd. is a diversified South African mining company with long-life, low unit cost assets. The Company mines and beneficiates iron ore, manganese ore and alloys, platinum group metals, copper, nickel and coal. ARM also has an investment in gold.
Investec Limited is an international investment and private banking group. The Group provides corporate and investment banking, private banking, securities trading, asset management, property trading and management and trade finance services. Dually-listed company with INVP LN.
Mondi Ltd is an international paper and packaging Group, with key operations in central Europe, Russia and South Africa. The Company is integrated across the paper and packaging process and is principally involved in the manufacture of packaging paper, converted packaging products and uncoated fine paper. Dually-listed company with MNDI LN.