Looking to buy shares on the JSE for under R10?
You’ve just landed on the right website!
I’ve gone ahead and found 34 shares that can be bought on the Johannesburg Stock Exchange for less than R10. Just keep in mind that because of the volatility of the market, the prices you see below will be different from what they’re trading for as you read this.
That said, this collection of stocks will give you an idea of some of the lower-priced stocks in South Africa.
*Prices shown below reflect the date that this article was written, (12 February 2021.) That said, to see the latest updated price of the stock, click on the “VIEW” link to the right of the company name that you’re interested. All info is recorded in the table below.
Here’s the best way to get the most out of this article:
- Looking for a particular stock? Simply hit the ‘CTRL’ and ‘F’ keys on your keyboard together to do a quick search. A quick search box will appear on your screen. Type the company you have in mind and if it’s in this article, it should fast track you straight to it.
- Do your research! The price you pay for a stock says nothing about how much it will be worth in the future. To make a good investment decision you’ll need to research a company and determine if the company’s underlying share value is worth more than the ticker price. I highly recommend starting with this article titled “Can Investing In Shares Make You Rich?.” The article will give you realistic expectations, as well as some important research tips for beginner investors.
- Found your share and ready to make your purchase? Read 9 best places you can buy shares online in South Africa. I spent some time comparing all the different online trading platforms in South Africa so that you can buy JSE shares with the lowest brokerage fees.
Now that we have some of the basics out of the way, let’s get started!
Here are 34 shares that’s currently being traded on the JSE for under R10:
|COMPANY:||PRICE PER SHARE:||INDUSTRY:||UPDATED COMPANY INFO:|
|1.||ALVIVA HOLDINGS LTD||R10.50|
|2.||CURRO HOLDINGS LIMITED||R9.94||Consumer Services||VIEW|
|4.||BELL EQUIPMENT LTD||R9.10||Distribution Services||VIEW|
|5.||MUSTEK LTD||R9.09||Electronic Technology||VIEW|
|7.||PSG KONSULT LIMITED||R8.96||Finance||VIEW|
|8.||EOH HOLDINGS LTD||R8.86||Technology Services||VIEW|
|9.||TONGAAT HULETT LTD||R8.80||Process Industries||VIEW|
|10.||MURRAY & ROBERTS HLDGS||R8.70||Industrial Services||VIEW|
|11.||MIX TELEMATICS LTD||R8.47||Technology Services||VIEW|
|12.||RCL FOODS LIMITED||R8.30||Consumer Non-Durables||VIEW|
|13.||ARGENT INDUSTRIAL LTD||R8.20||Producer Manufacturing||VIEW|
|15.||MASTER DRILLING GRP LTD||R7.00||Non-Energy Minerals||VIEW|
|16.||AYO TECH SOLUTIONS LTD||R7.00||Technology Services||VIEW|
|17.||LIGHTHOUSE CAPITAL LTD||R6.85||Finance||VIEW|
|18.||RH BOPHELO LIMITED||R6.50||Finance||VIEW|
|19.||ADCORP HOLDINGS LIMITED||R6.50||Commercial Services||VIEW|
|20.||BRIMSTONE INV CORP LTD-N||R6.29||Process Industries||VIEW|
|21.||QUANTUM FOODS HLDGS LTD||R6.24||Consumer Non-Durables||VIEW|
|22.||LIBSTAR HOLDINGS LTD||R6.20||Consumer Non-Durables||VIEW|
|23.||CAXTON CTP PUBLISH PRINT||R6.17||Consumer Services||VIEW|
|24.||TSOGO SUN GAMING LTD||R6.08||Consumer Services||VIEW|
|25.||ENX GROUP LIMITED||R5.99||Distribution Services||VIEW|
|26.||BRIMSTONE INV CORP LTD||R5.80||Process Industries||VIEW|
|27.||HUGE GROUP LTD||R5.74|
|28.||ALPHAMIN RESOURCES CORP||R5.65||Non-Energy Minerals||VIEW|
|30.||BLUE LABEL TELECOMS LTD||R5.09||Distribution Services||VIEW|
|31.||EASTERN PLATINUM LTD||R4.90||Non-Energy Minerals||VIEW|
|32.||MAHUBE INFRASTRUCTURE LTD||R4.70||Finance||VIEW|
|33.||VALUE GROUP LTD||R4.60||Miscellaneous||VIEW|
|34.||AFROCENTRIC INV CORP LTD||R4.56||Health Services||VIEW|
How To Buy JSE Shares Locally?
Shares are traded on the JSE by registered brokers, that said, individuals investing in shares don’t actually by shares straight on the exchange, instead you need to find a broker that will buy and sell shares for you.
Brokers come in many forms. You could deal with an individual, but the more common route is to trade on an online platform. Which is more than likely the route that you will take.
That said, what’s the best online trading platform that you can get started on?
I’m glad you asked! I researched and reviewed 9 places that you can buy JSE shares online here, so I highly recommend you read that article next if you want to start buying shares.
Want To Buy International Shares?
If you’re looking to buy international shares like coca-cola, Amazon, or even Tesla, then using local brokers simply won’t work.
Local brokers mostly only trade shares for you on the JSE, so to be able to trade international shares you’ll have to open an international trading account.
Thankfully for you, I’ve been through this process and I share how to do it step-by-step (it actually isn’t that difficult if you know the steps.) So make sure you read my article on how you can buy and own American shares in South Africa.
Are there any companies that you think should be on this list? Let us know in the comments below so we can begin learning from each other!