South Africa: Sasol Shares Surge Almost 120 Percent As Oil Rally Boosts Turnaround

[Daba Finance] Sasol has delivered a dollar return of almost 120% in 2026, making the South African fuels and chemicals producer one of the best-performing emerging-market stocks outside Asia. The gain follows a 45% advance in 2025 and puts the shares on course for their strongest annual performance since at least 1991. Sasol traded around R231.60 on Monday after gaining more than 43% since the start of the second quarter, compared with a 1.9% decline in South Africa's benchmark index.

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