![Best and worst shares](https://cdn.magzter.com/1605701739/1720040903/articles/_yGtOEcJz1720067333628/BEST-AND-WORST-SHARES.jpg)
The performance of the JSE during the first half of 2024 would have shattered any investor's dream of ordering a new Porsche this year. Overall, the market returned less than 4% since January, with the JSE All Share Index increasing by only 3.7%.
There were a few penny stocks that showed much larger gains, but on such small volumes that the profits would hardly buy a new mountain bike.
The best-performing share was Sable Exploration & Mining (Seam), which was up 567% from 15 cents to the current R1. It was as low as four cents some eight months ago. But the average trading volume is barely 2 800 shares per day.
While Seam is progressing with a magnetite plant that it hopes will produce profit soon, and reported much lower losses in its last financial year, the sharp rise in the share price is largely as a result of corporate restructuring and an effective change in ownership after a rights issue.
Similar unusual factors were behind the sharp increases in the prices of other shares on the list of biggest price increases over the last six months.
Quantum Foods increased by more than 200% over the six months to R13.50, while it has been even higher at nearly R19. The strong increase pushed the price-earnings ratio to nearly 1000 times not because of excellent prospects, but because of an ongoing fight for control of the food producer.
Denne historien er fra July 04, 2024-utgaven av The Citizen.
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Denne historien er fra July 04, 2024-utgaven av The Citizen.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
![SWIMMING HOPES ALIVE](https://reseuro.magzter.com/100x125/articles/23703/1784336/D1nyOqg4e1722471489264/SWIMMING-HOPES-ALIVE.jpg)
SWIMMING HOPES ALIVE
TEAM SA: SMITH, COETZE, CORBETT ALL ADVANCE TO THEIR EVENT FINALS
![Rory aiming to ease Major agony](https://reseuro.magzter.com/100x125/articles/23703/1784336/JogBN5jx01722471442849/RORY-AIMING-TO-EASE-MAJOR-AGONY.jpg)
Rory aiming to ease Major agony
OLYMPICS: EIGHT OF THE WORLD'S TOP 10 ARE IN ACTION
![Rabada focuses on his team role](https://reseuro.magzter.com/100x125/articles/23703/1784336/FSCUQijd41722471326994/RABADA-FOCUSES-ON-HIS-TEAM-ROLE.jpg)
Rabada focuses on his team role
MILESTONE: JUST NINE WICKETS AWAY FROM 300-CLUB
![Agoa, better now than later](https://reseuro.magzter.com/100x125/articles/23703/1784336/iZV0T1PDK1722471164268/AGOA-BETTER-NOW-THAN-LATER.jpg)
Agoa, better now than later
OPTIMISTIC MINISTER: AU HOPES AMERICA DECIDES ON RENEWAL BEFORE NOVEMBER VOTE
![Support for democracy down](https://reseuro.magzter.com/100x125/articles/23703/1784336/y5VfkNeuJ1722470907544/SUPPORT-FOR-DEMOCRACY-DOWN.jpg)
Support for democracy down
SOUTH AFRICA: ACCORDING TO AFROBAROMETER SURVEY, MORE THAN 80% BELIEVE CORRUPTION IS UP
![RAF CEO dodges jail](https://reseuro.magzter.com/100x125/articles/23703/1784336/RskTG5MSu1722470826729/RAF-CEO-DODGES-JAIL.jpg)
RAF CEO dodges jail
JUDGMENT DEBT: COLLINS LETSOALO AVOIDS 'COERCIVE IMPRISONMENT'
![Canadian musical on tour](https://reseuro.magzter.com/100x125/articles/23703/1784336/RDOfCbUGY1722470744249/CANADIAN-MUSICAL-ON-TOUR.jpg)
Canadian musical on tour
OBEAH OPERA: SALEM WITCH TRIALS NARRATIVE BY CARIBBEANS
![SA's decay far worse than the US](https://reseuro.magzter.com/100x125/articles/23703/1784336/VGa5Lfsy11722470686890/SAS-DECAY-FAR-WORSE-THAN-THE-US.jpg)
SA's decay far worse than the US
A regular letter writer to a local newspaper believes the US is \"experiencing political chaos, societal degeneration and social breakdown\".
![Can SA follow China?](https://reseuro.magzter.com/100x125/articles/23703/1784336/DuOOmWuEH1722470606547/CAN-SA-FOLLOW-CHINA.jpg)
Can SA follow China?
ECONOMY: FREER MARKETS, VOLUNTARY TRADE PRINCIPLES WAY TO GO
![Make clean breast of it](https://reseuro.magzter.com/100x125/articles/23703/1784336/BwwcNWdpU1722470526820/MAKE-CLEAN-BREAST-OF-IT.jpg)
Make clean breast of it
CANCER: EARLY DETECTION IS VITAL SO CHECK YOURSELF REGULARLY