TKG - Telkom SA SOC Ltd

Sep 29, 2023 at 18:02 Twitter · Facebook

TKG share price on Johannesburg Stock Exchange

Telkom is a leading information and communications technology (ICT) services provider in South Africa. Telkom's mission is to seamlessly connect people to a better life. Telkom carries this through in all their brands, whether at the consumer, business or wholesale level. The Telkom Foundation actively works to bridge the digital divide, with projects including the Connected Schools programme, while FutureMakers, their enterprise and supplier development initiative, empowers digital entrepreneurs to realise their vision.

Telkom SA SOC Ltd provides fixed-line voice and data communications services in South Africa. The fixed-line segment has more than 4.5 million access lines in South Africa, where fixed-line penetration is 9.3%. Telkom offers wireless...

Telkom SA SOC Ltd is listed on the Johannesburg Stock Exchange (JSE). Telkom SA SOC is traded on the JSE under the ticker symbol “TKG”. The International Securities Identification Number (ISIN) of JSE:TKG is ZAE000044897. Telkom SA SOC Ltd is currently the 90th most valuable stock on the JSE with a market capitalization of ZAR 11.9 billion, which is about 0.065% of the Johannesburg Stock Exchange equity market.

TKG Stock Market Performance

The current share price of Telkom SA SOC Ltd (TKG) is ZAR 23.24. TKG closed its last trading day (Friday, September 29, 2023) at 23.24 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.8% gain over its previous closing price of 22.61 ZAR. Telkom SA SOC began the year with a share price of 30.02 ZAR but has since lost 22.6% off that price valuation, ranking it 335th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that TKG has lost 14% of the stock’s value from August 31st to date.

Telkom SA SOC is the 55th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 3 - Sep 29, 2023). TKG has traded a total volume of 79.7 million shares—in 65,989 deals—valued at ZAR 2.2 billion over the period, with an average of 1.26 million traded shares per session. A volume high of 3.28 million was achieved on July 26th, and a low of 358,454 on September 26th, for the same period. The table below details the last 10 trading days of activity of Telkom SA SOC on the Johannesburg Stock Exchange.

Profile of Telkom SA SOC Ltd.

Telkom SA SOC Ltd. operates in the Telecommunications sector, specifically, the Fixed Line Telecommunications industry.

TKG Industrial Market Competitors

Telkom SA SOC Ltd., issuers of the TKG stock on the Johannesburg Stock Exchange, have five market competitors who are also engaged in the Telecommunications sector and/or Fixed Line Telecommunications industry. The table below presents an overview of their market standing.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange