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| Add GLD to |
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Portfolio |
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| | JSE Overall | 101 836 | | -0.02% |
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| 54,200 |
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56,298 |
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| Close Fri 29 Aug | 56,253 |
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P/E Ratio | – |
| Open Fri 29 Aug | 55,823 |
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EPS - TTM | – |
| Best Bid | – |
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DPS - TTM
Dividend
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–
n/a
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| Best Offer | – |
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Dividend Yield | – |
| Volume Fri 29 Aug | 25 534 |
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Market Cap | 34.34bn |
| Range Fri 29 Aug | 55,823–56,298 |
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Shares In Issue | 61.04m |
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| Absa CIB’s NewGold Exchange Traded Fund (NewGold) is one of the simplest and cost-efficient methods for investors to invest directly in actual gold. NewGold continuously tracks the gold spot price and enables investors to invest in a listed instrument (structured as a debenture) in which each security is equivalent to approximately 1/100th ounce of gold and is fully backed by holdings of gold bullion with the NewGold Custodian, ICBC Standard Bank.
NewGold is the first product in South Africa through which institutional and retail investors can securely invest directly in gold bullion. NewGold ETF complies with Shariah Law. |
| Company Factsheet |
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