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| Add NGPLT to |
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Watch List |
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| Add NGPLT to |
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Portfolio |
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| | JSE Overall | 120 046 | | -4.15% |
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| 33,165 |
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44,758 |
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| Close Fri 30 Jan | 34,941 |
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P/E Ratio | – |
| Open Fri 30 Jan | 40,000 |
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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 30 Jan | 108 341 |
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Market Cap | 9.43bn |
| Range Fri 30 Jan | 33,165–40,000 |
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Shares In Issue | 27.00m |
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| 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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