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Sasol Limited (JSE: SOL) | Share Price

Nigel Firth
Nigel Frith trader
Updated 24 Sep 2022

Sasol Limited is an international integrated chemicals and energy company listed on the Johannesburg Stock Exchange (JSE) that leverages technologies and expertise of its people to develop and build world-scale facilities to produce a range of high-value product stream, including liquid fuels, chemicals and low-carbon electricity.

Latest Sasol Limited Share Price

The graph above shows the latest Sasol Limited share price on the Johannesburg Stock Exchange. Investors have seen Sasol Limited shares perform well historically, and it remains a steady investment. Sasol Limited stock is live on the JSE under the stock symbol of SOL and is available to trade via various brokers in South Africa.

What is Sasol Limited

Sasol recognises the growing need for countries to secure supply of energy and chemicals and is actively capitalising on the growth opportunities in Southern Africa and North America.

Sasol limited is listed on the JSE in South Africa and on the New York Stock Exchange in the United States and its investors consist of equity investors and lenders or debt investors like banks and institutional investors lending to Sasol or investing in its issues of debt instruments.

The history of Sasol Limited can be traced back to 1950 when it was established in South Africa.

Today, Sasol Limited has a diversified portfolio of products and services in more sectors of the Basic Materials value chain and renders the following services: automotive lubricants, greases, cleansers, fuels, polymers, and specialty gases. In addition to securing coal feedstock for the Southern African value chain, mainly for gasification, but also to generate electricity and steam, the company also develops and manages oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon. Sasol sells and markets pipeline gas, electricity, and commodity chemicals.


Buy Shares
Sasol Limited

Sasol Limited's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol SOL.

Sasol Limited has its headquarters at Sasol Place, 50 Katherine Street, Sandton, Johannesburg, 2196, South Africa.

Sasol Limited has more than 31 300 employees.

The company currently serves clients and operates in 31 countries, including countries in Southern Africa, United States and Eurasia.

The current CEO of Sasol Limited is Fleetwood Grobler.

Sasol Limited forms part of the Chemicals Industry and the Basic Materials Sector of the Johannesburg Stock Exchange (JSE).

Sasol Limited Stock Performance

The most recent or current price for Sasol Limited stocks on the Johannesburg Stock Exchange (JSE) was 291.07 ZAR at the time of writing.

An analysis of financial data of Sasol Limited showed that the company has a total market capitalisation of 185 Billion ZAR, with a Price/Earning ratio of 7.36 and earnings per share of 39.53 ZAR.

A total of 635 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Sasol Limited stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Sasol Limited, analysts forecast a possible further improved performance for the Basic Materials sector with market share growing as trading volumes increase.

Sasol - How To Trade

Highlights of Sasol Limited in 2021

Sasol Limited started the current financial year (2021) with a share price of 133.93 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 117 % in value on its price valuation, ranking 29th on the JSE with its year-to-date performance.

Sasol Limited is currently the 36th most-traded stock on the JSE and it has experienced a total trading volume of more than 144 million shares, which were finalised in 468,519 deals and were valued at a total of 37.8 billion ZAR over a recent three month period from September to December 2021, with an average of 2.28 million shares in each trading session.

During the same period a volume high of 6.6 million was achieved on September 16 and a low of 770,842 on November 25.

How to buy Sasol Limited stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Sasol Limited stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “SOL”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.