N🟁N

Five JSE stocks which more than doubled investors' money in a year

The article from Daily Investor discusses five Johannesburg Stock Exchange (JSE) listed stocks that significantly increased in value over the past year, effectively more than doubling investors' money. These stocks include:

Thungela Resources - A coal mining company that saw its share price surge due to high coal prices, resulting in a 12-month return of 135%.

Exxaro Resources - Another coal producer, which benefited from the same market conditions as Thungela, with a 12-month return of 105%.

KAL Group - This diversified group, involved in logistics, fuel, and food retail, achieved a 104% return, driven by strong performances in its various business segments.

Northam Platinum - Despite challenges in the platinum group metals market, Northam's strategic moves and operational efficiencies led to a 102% increase in share value.

Omnia Holdings - An agricultural and chemical company, which saw its shares rise by 101% due to robust demand for its products and effective cost management.

The article highlights how these companies managed to thrive amidst various economic conditions, showcasing the potential for significant returns in the South African market.

Read the Full dailyinvestor Article at:
[ https://dailyinvestor.com/investing/73590/five-jse-stocks-which-more-than-doubled-investors-money-in-a-year/ ]