You can buy shares for R100 in South Africa. The stock market in South Africa is a market that has made many people successful today. Every day, different people take advantage of the market opportunity of buying and selling shares at good prices to make money for themselves.
The official stock market in South Africa is known as Johannesburg Stock Market.
How to Buy Shares for R100 in South Africa
If you want to take advantage of the market opportunity in shares to buy some at affordable rates, using your local bank is one good way you can go about it. You can buy different types of shares through your local bank as it is one of the services they offer.
Now that you know how to buy shares, you might be wondering about the list of shares around R100 you can buy which might result in good money for you. Follow us as we give more information about what you need.
Top 10 Best Shares for R100 in South Africa
Here are the best places to buy shares for R100 in South Africa.
This is one share you should observe and possibly buy. It has been steadily rising for the past one year and there’s a high chance you will make good money from it. This share cost just R29.
Mondi plc is a multinational company whose business and stocks have been doing well over the years. Mondi plc is a processing company and their shares cost just R32.
NEWGOLD PALLADIUM ETF
ETFs are reliable ways to invest some of your money and Newgold Palladium ETF is one share you should buy. It costs just R33 and it’s been doing well over the past 2 years.
BHP GROUP PLC
This is a company under the non-energy minerals and their share price costs just R34 which is really cheap for a company that’s doing pretty well. You can buy their shares as it has a good chance of fetching you money.
ANGLO AMERICAN PLC
There’s a lot of money and potential in the non-energy mineral sector and Anglo American plc is keying into such potential. Their share cost just R36 and it’s a good buy.
ANGLO ASHANTI LIMITED
This is another non-energy mineral company you should look into. Their share cost R42 and it has a lot of potentials.
KUMBA IRON ORE LIMITED
Their share cost just R48 and it’s also another non-energy mineral company whose stock is doing well.
BRITISH AMERICAN TOBACCO PLC
This company falls under the consumer non-durable industry with a share price of R70. Its profit and value keep increasing over the years.
ANHEUSER-BUSCH INBEV SA NV
It has a share price of R80 and it is the leading company in the consumer non-durable industry. This is one of the few ways to buy shares for R100 in South Africa.
CAPITEC BANK HLDGS LTD
Buying with this company is another way to easily buy shares for R100 in SA. This is the number one share you should consider if you’re looking to buy shares below R100. It costs just R91 and has the biggest growth and profit capacity among its competitors.
Investing in the stock market is risky but can be profitable if you know your ways around it. You can go for any of the shares listed above to begin your journey to financial freedom.