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ETN - Standard Bank Oil  –  SBOIL  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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JSE Overall 94 546 -0.17%
 
10 Day Trading Range
0 2,500
Peer Comparison
AMC017 (AMC017)1,204.27 (0.37%)
UBSOMWPA (UOMWPA)226.31 (-0.26%)
AMCUNPWGP (UNPWGP)111.33 (0.92%)
FNBGSE (FNBGSE)217.61 (-0.17%)
UBSABSPA (UABSPA)205.19 (0.07%)
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SBOIL  Latest Market Data
Wednesday's Close1,187   P/E Ratio
Today's Open2,373   EPS - TTM
Best Bid2,345 x 494 199   DPS - TTM Dividend n/a
Best Offer2,370 x 494 198   Dividend Yield
Volume 414 507   Market Cap 1.19bn
Day's Range2,313–2,500   Shares In Issue 50.00m
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Objective
Oil ETN is linked to the price of Brent Crude Oil price (which is more relevant in South Africa), instead of being linked to the West-Texas Intermediate (WTI) Crude Oil price. The Brent Oil future is only cash settled, whereas the WTI future has physical settlement this means that the risk of the price going negative (like it did in March 2020) is removed.
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