Economy
Learn How to Trade With These Great Online Sources
Trading stocks on the Johannesburg Stock Exchange (JSE) can be a great way to increase your earnings and diversify your portfolio. Whether you’re a novice investor or a seasoned professional, trading stocks on the JSE can be a great way to build wealth.
With the right resources, anyone can learn how to trade on the JSE. Fortunately, there are several great online sources that can help you get started. From tutorials and webinars to stock market analysis and trading strategies, these online sources have everything you need to learn the ins and outs of trading on the JSE.
What is the Johannesburg Stock Exchange?
The JSE is the largest stock exchange in Africa, accounting for nearly 90% of South Africa’s equity market. The JSE has been operating since 1889, making it one of the oldest stock exchanges in the world.
The JSE is based in Johannesburg, South Africa and is owned by the country’s biggest financial institutions. All the major South African banks own a portion of the JSE and are responsible for listing stocks. The JSE is also regulated by the country’s central bank, the South African Reserve Bank (SARB).
In addition to stocks, the JSE also offers trading in bonds, commodities and other financial instruments. But one of the most popular and safest ways to invest is to invest in JSE top 40.
Online sources for learning how to trade on the JSE
Here are a few of the best online sources for learning how to trade on the JSE:
Forbes investing. Forbes has a section on their website called Investing that is full of great information. You can learn everything you need in order to build a good foundation before you get started as a trader.
The Economist: The Economist is a great source for all types of information about global economies, including some useful investor information that you can use to gain a better understanding of the markets you plan to invest in. It’s updated frequently, making it a great option for daily reading.
Tutorials and webinars
Tutorials and webinars are super useful and can help you learn how to trade on the JSE. You can learn how to trade stocks, get info about commodities and other financial instruments. They are also a great place to find trading strategies and tips on how to enter the market.
Here are a few of the best tutorials and webinars for trading stocks:
Lola: This tutorial is free and can provide new traders with the knowledge they need to get started with investing. It covers everything from the types of stocks to trading strategies and tools. It’s ideal for first-time traders looking to learn how to trade on the JSE.
My Personal Finance: Learn how to trade commodities, including gold, platinum and more. This channel can provide valuable insight for new traders. It can teach you the ins and outs of commodities and how to trade them successfully.
Practice accounts
While we don’t recommend trading with real money until you are confident with your strategy, a practice account is a great tool to get started. These practice accounts allow you to trade stocks with fake money and gain confidence before jumping into the real market.
They can also help you test out different trading strategies and see which one is best for you. Here is one of the best practice accounts for trading stocks on the JSE:
Trading Technologies: This practice account can help you understand the trading market and the risks associated with it. It allows you to test out different strategies and get used to trading with fake money. It’s a great way to get started with trading stocks on the JSE.
Conclusion
The Johannesburg Stock Exchange can be a great way to invest and potentially make money. It’s good to learn how to trade properly first though. After all, you will be using your own money eventually to invest, so it’s better to be safe than sorry.
With the resources above, you should have everything you need to get started trading on the JSE and potentially make some serious money. Just be sure to check all your resources regularly so that you stay informed about changes in the market as they occur. Then, you’ll be protected against any sudden news that you need to know about that could affect your holdings. Good luck!
By Adedapo Adesanya
The duo of Geo-Fluids Plc and Afriland Properties Plc propelled the NASD Over-the-Counter (OTC) Securities Exchange up 0.13 per cent on Friday, January 10.
Investors gained N1.4 billion during the trading session after the market capitalisation of the bourse ended at N1.053 trillion compared with the previous day’s N1.052 trillion, and the NASD Unlisted Security Index (NSI) increased at the close of business by 4.07 points to wrap the session at 3,073.93 points compared with 3,069.86 points recorded at the previous session.
Geo-Fluids added 25 Kobo to its value to close at N4.85 per unit compared with the previous session’s N4.60 per unit, and Afriland Properties Plc gained 24 Kobo to close at N16.25 per share versus Thursday’s closing price of N16.01 per share.
There was a 35.4 per cent fall in the volume of securities traded in the session as investors exchanged 4.3 million units compared to 6.6 million units traded in the preceding session, the value of shares traded yesterday went down by 37.4 per cent to N17.2 million from the N27.5 million recorded a day earlier, and the number of deals decreased by 47.2 per cent to 19 deals from the 36 deals recorded in the preceding day.
FrieslandCampina Wamco Nigeria Plc remained the most active stock by value (year-to-date) with 1.9 million units worth N74.2 million, followed by 11 Plc with 12,963 units valued at N3.2 million, and Industrial and General Insurance (IGI )Plc with 10.7 million units sold for N2.1 million.
IGI Plc closed the day as the most active stock by volume (year-to-date) with 10.6 million units sold for N2.1 million, trailed by FrieslandCampina Wamco Nigeria Plc with 1.9 million units valued at N74.2 million, and Acorn Petroleum Plc with 1.2 million units worth N1.9 million.
By Adedapo Adesanya
The Naira witnessed a depreciation on the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, January 10.
According to data from the FMDQ Exchange, the local currency weakened against the greenback yesterday by 0.12 per cent or N1.80 to sell for N1,543.03/$1 compared with the preceding day’s N1,541.23/$1.
The pressure on the domestic currency came as the access granted to the Bureaux de Change (BDC) operators by the Central Bank of Nigeria (CBN) to purchase FX from the official market through the Electronic Foreign Exchange Matching System (EFEMS) platform prepares to end next week, precisely on January 19.
The CBN had given a 42-day window to the operators to access the platform to help stabilise the Naira in December, and this expires next week.
On Friday, the Nigerian currency tumbled against the Pound Sterling in the official market by N30.78 to sell for N1,889.29/£1 compared with the previous day’s N1,858.51/£1, but gained N5.48 against the Euro to finish at N1,583.81/€1, in contrast to Thursday’s rate of N1,589.29/€1.
As for the parallel market, the Nigerian Naira remained stable against the US Dollar during the trading session at N1,650/$1, according to data obtained by Business Post.
In the cryptocurrency market, it was bearish as the US economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on Friday, topping forecasts for 160,000 and up from 212,000 in November (revised from an originally reported 227,000).
However, the readings came after a number of recent economic reports triggered a broad-market pullback across asset classes such as crypto as investors quickly scaled back the idea of a continued series of Federal Reserve rate cuts in 2025.
Cardano (ADA) fell by 3.6 per cent to trade at $0.921, Solana (SOL) slumped by 2.8 per cent to $185.93, Ethereum (ETH) depreciated by 1.4 per cent to $3,233.27, Litecoin (LTC) lost 1.3 per cent to finish at $103.62, Dogecoin (DOGE) shed 0.5 per cent to sell at $0.3315, Bitcoin (BTC), waned by 0.2 per cent to $94,154.43, and Binance Coin (BNB) went south by 0.1 per cent to $693.30.
On the flip side, Ripple (XRP) jumped by 1.5 per cent to settle at $2.34, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) sold flat at $1.00 each.
By Dipo Olowookere
Profit-takers took control of Customs Street on Friday, plunging it by 0.08 per cent at the close of trading activities.
The sell-offs were across all the key sectors of the Nigerian Exchange (NGX) Limited on last trading session of the week.
The insurance space went down by 1.53 per cent, the banking index depreciated by 0.41 per cent, the consumer goods sector weakened by 0.16 per cent, and the energy counter slumped by 0.08 per cent, while the industrial goods sector closed flat.
At the close of business, the All-Share Index (ASI) tumbled by 79.68 points to 105,451.06 points from 105,530.74 points and the market capitalisation retreated by N48 billion to N64.303 trillion from N64.351 trillion.
Yesterday, investors traded 1.5 billion shares worth N19.4 billion in 12,877 deals compared with the 489.5 million shares worth N13.1 billion transacted in 13,010 deals in the preceding day, indicating a decline in the number of deals by 1.02 deals and a rise in the trading volume and value by 203.14 per cent and 48.09 per cent, respectively.
Wema Bank was the busiest stock with 976.2 million units valued at N9.8 billion, Tantalizers traded 53.0 million units worth 129.6 million, Universal Insurance sold 34.8 million units for N26.8 million, Access Holdings exchanged 33.9 million units valued at N843.8 million, and Nigerian Breweries traded 27.3 million units worth N873.3 million.
The heaviest loss was suffered by Sunu Assurances with a decline of 9.99 per cent to trade at N7.30, Eunisell shed 9.96 per cent to N17.35, SAHCO crumbled by 9.87 per cent to N30.15, DAAR Communications plunged by 9.28 per cent to 88 Kobo, and Sovereign Trust Insurance went down by 7.04 per cent to N1.32.
On the flip side, C&I Leasing gained 10.00 per cent to close at N4.51, Honeywell Flour appreciated by 9.99 per cent to N10.02, Trans Nationwide Express jumped by 9.89 per cent to N2.00, RT Briscoe rose by 9.83 per cent to N2.57, and Secure Electronic Technology grew by 9.46 per cent to 81 Kobo.
Business Post reports that the bourse ended with 33 price gainers and 25 price losers, indicating a positive market breadth index and strong investor sentiment.
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