FTSE/JSE Top 40 Index

FTSE/JSE Top 40 Index

Foundation	June 24, 2002;22 years ago (2002-06-24)
Exchanges	JSE Limited
Trading symbol	JTOPI
Constituents	40
Weighting method	Capitalization-weighted
Related indices	FTSE/JSE All-Share Index

The FTSE/JSE Top 40 Index is a South African stock market index. The index consists of the 40 largest stocks in the FTSE/JSE All-Share Index of the JSE Limited by market capitalization.

The FTSE/JSE All-Share Index is South Africa's most important index, comprising all companies listed on the JSE. They cover 99 percent of the exchange's market capitalization and trading volume.

The Top 40 Index was published on 24 June 2002, with a base value of 10,300.31 points.

Components

The index components, in alphabetical order, as at 18 June 2025:

Name	Sector	Logo
Absa Group	Finance
Anglo American	Mining
Anglogold Ashanti	Mining
AB InBev	Beverages
Aspen Pharmacare	Pharmaceuticals
BHP	Mining
Bidcorp	Food
Bidvest Group	Holding
BAT	Tobacco
Capitec	Banking
Clicks	Pharmaceutivals
Discovery	Finance
Exxaro	Mining
FirstRand	Bank
Glencore	Mining
Gold Fields	Mining
Growthpoint Properties	Real estate
Implats	Mining
Investec Ltd	Banking
Investec PLC	Banking
Mondi	Paper
Mr Price Group	Retail
MTN Group	Telecommunications
MultiChoice	Media
Naspers	Media
Nedbank	Banking
NEPI Rockcastle	Real estate
Northam Platinum	Mining
Old Mutual	Insurance
Prosus	Investments
Reinet Investments	Investments
Remgro	Investments
RMH	Finance
Sanlam	Insurance
Sasol	Chemicals
Shoprite	Retail
Standard Bank	Banking
Valterra Platinum	Mining
Vodacom	Telecommunications
Woolworths Holdings	Retail

Annual returns

The following table shows the annual development of the FTSE/JSE Top 40 Index since 1996. ^[1]

Year	Closing level	Change in index (in points)	Change in index (in %)
1996	5,800.07	361.34	6.64
1997	5,072.13	−727.94	−12.55
1998	4,562.63	−509.50	−10.05
1999	7,981.01	3,418.38	74.92
2000	8,038.84	57.83	0.72
2001	10,074.38	2,035.54	25.32
2002	8,682.03	−1392.35	−13.82
2003	9,495.76	813.73	9.37
2004	11,405.72	1,909.96	20.11
2005	16,438.05	5,032.33	44.12
2006	22,607.16	6,169.11	37.53
2007	26,250.29	3,643.13	16.11
2008	19,444.40	−6,805.89	−25.93
2009	24,996.97	5,552.57	28.56
2010	28,639.40	3,642.43	14.57
2011	28,469.81	−169.59	−0.59
2012	34,795.50	6,325.69	22.22
2013	41,482.39	6,686.89	19.22
2014	43,969.96	2,487.57	6.00
2015	45,797.30	1,827.34	4.16
2016	43,901.99	−1,895.31	−4.14
2017	52,533.04	8,631.05	19.66
2018	46,726.59	−5,806.45	−12.83
2019	50,816.05	4,089.46	8.75
2020	54,379.58	3,563.53	7.01
2021	67,052.40	12,672.82	23.30
2022	66,955.50	−96.90	−0.14
2023	70,494.80	3,593.30	5.29

References

1. "South Africa Top 40 Index Yearly Stock Returns". www.1stock1.com. Retrieved 2024-02-13.