What a purchase of JSE shares costs: the arithmetic
The money you need is the number of shares times the price, plus brokerage and taxes. The first part is arithmetic on the close; the second is in the broker's fee schedule and on the contract note. This page does the first part for each company on the board.
Ten, a hundred and a thousand shares at the close
Rand, at the close of 6 November 2026; before brokerage, exchange and regulator charges and taxes.
| Code | Close | 10 shares | 100 shares | 1,000 shares |
|---|---|---|---|---|
| CPI | R4 897,71 | R48 977,10 | R489 771,00 | R4 897 710,00 |
| FSR | R96,67 | R966,70 | R9 667,00 | R96 670,00 |
| SBK | R310,34 | R3 103,40 | R31 034,00 | R310 340,00 |
| MTN | R213,17 | R2 131,70 | R21 317,00 | R213 170,00 |
| VOD | R162,67 | R1 626,70 | R16 267,00 | R162 670,00 |
| SHP | R336,66 | R3 366,60 | R33 666,00 | R336 660,00 |
On top of the table
A contract note lists brokerage and other charges besides the value of the trade. In South Africa, purchases of listed shares also carry securities transfer tax, which the law sets (SARS states the rate as 0,25% on its securities transfer tax page, read on 6 November 2026; check the page for the current rate). Brokerage and the exchange's charges are set by those bodies and by the broker, and none is in the data this site reads.
The table's figures are therefore a floor for what you need, not the total.
Closes are not live prices
Every figure here is the close of 6 November 2026. The price you trade at is set by the order book at the moment of the order. Use the table for orders of magnitude and check the live price with the broker.
At a glance
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Questions before the first purchase
What do 100 shares cost?
From R9 667,00 to R489 771,00 across the six, at the close of 6 November 2026, before costs.
Is securities transfer tax included?
No. It is extra and set by law; check SARS for the rate.
Will I pay the close?
Not necessarily. The price at your order will differ.
Does a high price per share mean a big company?
No. Price per share depends on the number of shares issued.
Open an account with a broker you have checked
The account is where the order starts. Check the firm on the FSCA register and the JSE member list before you open one.