African Stock Exchanges

FSRP - FirstRand B Preference Shares

Twitter · Facebook
FSRP share price on Johannesburg Stock ExchangeFSRP share price on Johannesburg Stock Exchange

The FirstRand Limited B Preference Shares (FSRP) stock is the B variable rate non-cumulative, non-redeemable preference shares issued by First Rand Limited on the JSE. Dividends on the B preference shares are declared out of income reserves of the company and are calculated at a rate of the prime lending rate of FNB, a division of FirstRand Bank. In the event that there is a change to the prime rate between the B preference share dividend declaration and payment date, the prevailing prime rate at the declaration date is applied from then to the payment date.

FirstRand Limited, issuer of the FSRP instrument, is a portfolio of separately branded, integrated financial services businesses offering a universal set of transactional, lending, investment and insurance products and services in South Africa, certain markets in sub-Saharan Africa and the UK. The publicly registered bank controlling company wholly owns FirstRand Bank, a full-service bank with a presence mostly in South Africa and surrounding southern African nations. The bank operates three major divisions, which are separately branded.

FirstRand B Preference Shares is listed on the Johannesburg Stock Exchange (JSE). FirstRand B Preference Shares is traded on the JSE under the ticker symbol “FSRP”. The International Securities Identification Number (ISIN) of JSE:FSRP is ZAE000060141. FirstRand B Preference Shares is currently the eighth most valuable stock on the JSE with a market capitalization of ZAR 523 billion, which makes about 2.74% of the Johannesburg Stock Exchange equity market.

FSRP93.21 ▾ 0.59 (0.63%)
3 days ago
Last Trading Results
Opening Price
Day’s Low Price93.15
Day’s High Price93.79
Traded Volume4,107
Number of Deals8
Gross Turnover382,936.20
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding5.61B
Market Capitalization523B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

FSRP Stock Market Performance

1WK4WK3MO
-0.81%-0.68%-3.01%
6MO1YRYTD
+7.15%+38.1%+7.68%

The current share price of FirstRand B Preference Shares (FSRP) is ZAR 93.21. FSRP closed its last trading day (Friday, June 24, 2022) at 93.21 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% drop from its previous closing price of 93.80 ZAR. FirstRand B Preference Shares began the year with a share price of 86.56 ZAR and has since gained 7.68% on that price valuation, ranking it 74th on the JSE in terms of year-to-date performance.

FirstRand B Preference Shares is the 273rd most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 23 - Jun 24, 2022). FSRP has traded a total volume of 1.59 million shares—in 1,663 deals—valued at ZAR 151 million over the period, with an average of 25,190 traded shares per session. A volume high of 189,982 was achieved on April 22nd, and a low of 2,434 on June 7th, for the same period. The table below details the last 10 trading days of activity of FirstRand B Preference Shares on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2022-06-244,10793.21-0.59-0.63%
2022-06-2332,22393.80-0.14-0.15%
2022-06-224,83893.94-0.02-0.02%
2022-06-212,55993.96-0.01-0.01%
2022-06-206,11793.97
2022-06-1712,84193.97-0.02-0.02%
2022-06-156,80893.99-0.01-0.01%
2022-06-148,25794.00+0.50+0.53%
2022-06-1315,36093.50-0.50-0.53%
2022-06-103,38794.00

Profile of FirstRand Limited

FirstRand Limited was founded on November 11, 1966 and operates in the Financials sector, specifically, the Banking industry. FirstRand contracts an estimated total number of 49,233 employees.

Factsheet of FirstRand Limited

Sector
Financials
Industry
Banking
Address
4 Merchant Place, Corner Fredman Dr. and Rivonia Rd., Sandton, 2196, South Africa
Telephone
+27-11-282-1808

FSRP Industrial Market Competitors

FirstRand Limited, issuers of the FSRP, FirstRand Limited (+13.21%) and FRB Class A Preference Share stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.


Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Post a comment

    NOTE: You are replying to 's comment. [Cancel]