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ETF NewGold Platinum Debentures  –  NGPLT  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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JSE Overall 109 244 -0.39%
 
10 Day Trading Range
25,284 27,739
Peer Comparison
NEWGOLD (GLD)644.40 (0.63%)
SATRIXWDM (STXWDM)111.85 (0.49%)
SYGMSCIWD (SYGWD)75.99 (-0.35%)
SATRIX40 (STX40)102.76 (-0.13%)
SATRIX500 (STX500)127.15 (0.47%)
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NGPLT  Latest Market Data
Yesterday's Close26,384   P/E Ratio
Today's Open26,765   EPS - TTM
Best Bid26,275 x 800   DPS - TTM Dividend n/a
Best Offer27,600 x 14 995   Dividend Yield
Volume 53 416   Market Cap 7.74bn
Day's Range26,311–26,940   Shares In Issue 29.40m
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Objective
Absa CIB’s NewPlat Exchange Traded Fund (NewPlat) is one of the simplest and cost-efficient methods for investors to invest directly in actual platinum. NewPlat continuously tracks the platinum 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 platinum and is fully backed/covered by holdings of platinum with the NewPlat Custodian, ICBC Standard Bank. NewPlat is the first product in South Africa through which institutional and retail investors can securely invest directly in platinum spot. NewPlat ETF complies with Shariah Law.
 
 
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