GLD - NewGold ETF
NewGold, an exchange traded fund sponsored by Absa Capital, offers the opportunity to invest in gold bullion. The company issues listed instruments (structured as debentures) backed by physical gold. Each debenture is approximately equivalent to 1/100 ounces of gold bullion, which is held with a secure depository on behalf of investors. The debentures are listed on the Ghana (GSE), Johannesburg (JSE), Botswana (BSE) and Nigerian Stock Exchange (NSE), and secondary listed on Uganda (USE), Mauritius (SEN) and Zambia Stock Exchange (LuSE).
NewGold ETF is listed on the Ghana Stock Exchange (GSE). NewGold ETF is traded on the GSE under the ticker symbol “GLD”. The International Securities Identification Number (ISIN) of GSE:GLD is ZAE000060067. NewGold ETF is currently the 13th most valuable stock on the GSE with a market capitalization of GHS 1.24 billion, which makes about 1.2% of the Ghana Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 536 |
| Number of Deals | |
| Gross Turnover | 228,907.54 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.9M |
| Market Capitalization | 1.24B |
GLD Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -5.3% | +7.04% | +15.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| +27.2% | +100% | +95.5% |
The current share price of NewGold ETF (GLD) is GHS 427.07. GLD closed its last trading day (Thursday, November 7, 2024) at 427.07 GHS per share on the Ghana Stock Exchange (GSE), recording a 3.8% drop from its previous closing price of 444.00 GHS. NewGold ETF began the year with a share price of 218.50 GHS and has since gained 95.5% on that price valuation, ranking it second on the GSE in terms of year-to-date performance. Shareholders can be optimistic about GLD knowing the stock has accrued 7% over the past four-week period—sixth best on GSE.
NewGold ETF is the fourth most traded stock on the Ghana Stock Exchange over the past three months (Aug 12 - Nov 7, 2024). GLD has traded a total volume of 590,104 shares valued at GHS 235 million over the period, with an average of 9,367 traded shares per session. A volume high of 133,105 was achieved on August 15th for the same period. The table below details the last 10 trading days of activity of NewGold ETF on the Ghana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-07 | 536 | 427.07 | -16.93 | -3.81% |
| 2024-11-05 | 1,532 | 444.00 | +1.00 | +0.23% |
| 2024-11-04 | 176 | 443.00 | -10.10 | -2.23% |
| 2024-11-01 | 1,094 | 453.10 | +2.14 | +0.47% |
| 2024-10-31 | 25,399 | 450.96 | +0.77 | +0.17% |
| 2024-10-30 | 8,930 | 450.19 | +1.93 | +0.43% |
| 2024-10-29 | 90,586 | 448.26 | +16.36 | +3.79% |
| 2024-10-28 | 9,692 | 431.90 | +3.94 | +0.92% |
| 2024-10-25 | 18,527 | 427.96 | -0.64 | -0.15% |
| 2024-10-24 | 234 | 428.60 |
Profile of NewGold Issuer (RF) Limited
NewGold Issuer (RF) Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of NewGold Issuer (RF) Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- 15 Allice Lane, Sandton 2196, South Africa
- Telephone
- +27-11-895-6985
- Website
- www.absacapital.com
GLD Industrial Market Competitors
NewGold Issuer (RF) Limited, issuers of the GLD stock on the Ghana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| GCB | GCB Bank Limited | 1.63B | 6.15 | +80.9% |
| ETI | Ecobank Transnational Incorporated | 5.29B | 0.22 | +46.7% |
| RBGH | Republic Bank Ghana Limited | 562M | 0.66 | +37.5% |
| SCB | Standard Chartered Bank Limited | 3.1B | 23.00 | +31.1% |
| ACCESS | Access Bank Ghana | 751M | 4.32 | +27.1% |
| EGH | Ecobank Ghana Limited | 1.97B | 6.10 | +10.9% |
| SIC | SIC Insurance Company Limited | 48.9M | 0.25 | +4.17% |
| TBL | Trust Bank Gambia Limited | 166M | 0.83 | +1.22% |
| ADB | Agricultural Development Bank | 8.36B | 5.06 | |
| MAC | Mega African Capital Limited | 53.5M | 5.38 |
