Shoprite Holdings Ltd (SHP.JSE) share price today in rands is R 269.70 per 1 share.
It was officially listed on the Johannesburg Stock Exchange (JSE) in 1986, with the IPO of Shoprite share price of approximately R1.00 per share. It’s not a massive growth compared to the Capitec share price, but it’s consistent.
SHP.JSE
R 269.70
What is SHP.JSE
SHP.JSE is the stock market code used to identify Shoprite Holdings Ltd shares. Think of it as a short code investors use to quickly find and trade Shoprite shares.
- SHP = Shoprite Holdings
- JSE = Johannesburg Stock Exchange, where the shares are listed
So, when you see SHP.JSE, it simply means “Shoprite shares on the JSE.”
To buy Shoprite shares, you need to create an account with a stockbroker that offers JSE stocks, search for Shoprite or SHP.JSE, and then click Buy.
Here’s a list of popular stockbrokers in South Africa:
- EasyEquities
- Shfty
- BrokStock
If you are a complete beginner, I recommend starting with EasyEquities because it’s simple and beginner-friendly.
Invest in Shoprite Using EasyEquities
With brokers like EasyEquities, anyone can buy Shoprite shares. There’s no minimum investment, so even with R10, you can start investing in Shoprite.
Step 1: Open an EasyEquities Account
Step 2: Deposit Money Into Your Account
Step 4: Place Your Order
After buying, your shares will appear immediately in your EasyEquities portfolio.
When you buy shares like Shoprite (SHP.JSE), there are two main ways to earn money:
- Profit from Share Price Growth
- Dividends
Here is a beginner’s guide to investing in South Africa
FAQs
Shoprite is one of South Africa’s largest retailers with a strong market presence. If you’re looking for long-term growth and dividends, it’s worth considering.
With brokers like EasyEquities, you can start with as little as R10.
Yes, you can sell your shares at any time through your stockbroker account.