JSE Sectors Reference

Figures current at 27 September 2026. Source: TradeAnswers.

The main industries and what moves them
IndustryApproximate index weightPrimary driver
Basic materialsAbout 25%Commodity prices and the rand
FinancialsAbout 22%Interest rates and credit quality
Consumer discretionaryAbout 16%Household income and confidence
IndustrialsAbout 10%Global growth and logistics
Consumer staplesAbout 9%Food inflation and volumes
TelecommunicationsAbout 7%Regulation and subscriber growth
Health careAbout 4%Policy, including NHI
Real estateAbout 4%The long bond yield
TechnologyAbout 3%Global sentiment
Rand hedges against domestic earners
TypeEarnings mostly fromA weaker rand
Dual listed industrialsOffshoreHelps
Mining and resourcesOffshore, commodity priced in dollarsHelps
BanksSouth AfricaNeutral to negative
RetailersSouth AfricaHurts, through import costs
Listed propertySouth Africa mostlyHurts, through the bond yield
TelecomsMixed, significant African exposureMixed
Sector indices published by the JSE
IndexCovers
Resources 10The ten largest resource counters
Financial 15The fifteen largest financials
Industrial 25The twenty-five largest industrials
SA Listed PropertyListed property, formerly SAPY
Top 40The forty largest across all sectors

Data maintained by TradeAnswers · updated as the figures change