African Stock Exchanges

FSRP - FirstRand B Preference Shares

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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.

NOTE: Shares of FirstRand B Preference Shares have been delisted from the Johannesburg Stock Exchange (JSE) since close of trading on Monday, September 26, 2022. FirstRand B Preference Shares was traded on the JSE under the ticker symbol “FSRP”. The International Securities Identification Number (ISIN) of JSE:FSRP was ZAE000060141. FirstRand B Preference Shares was the eighth most valuable stock on the JSE with a market capitalization of ZAR 564 billion, which made about 3% of the Johannesburg Stock Exchange equity market at the time of delisting.

FSRP100.49 ▴ 0.69 (0.69%)
2 weeks ago
Last Trading Results
Opening Price
Day’s Low Price99.90
Day’s High Price100.93
Traded Volume110,751
Number of Deals15
Gross Turnover11.1M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding5.61B
Market Capitalization564B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

FSRP Stock Market Performance

1WK4WK3MO
+0.89%-1.49%+7.13%
6MO1YRYTD
+4.61%+47.8%+16.1%

The current share price of FirstRand B Preference Shares (FSRP) is ZAR 100.49. FSRP closed its last trading day (Tuesday, September 20, 2022) at 100.49 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.7% gain over its previous closing price of 99.80 ZAR. FirstRand B Preference Shares began the year with a share price of 86.56 ZAR and has since gained 16.1% on that price valuation.

FirstRand B Preference Shares has traded a total volume of 2.92 million shares—in 2,863 deals—valued at ZAR 290 million over the past three months (Jun 23 - Sep 20, 2022), with an average of 46,332 traded shares per session. A volume high of 496,366 was achieved on July 8th, and a low of 1,203 on August 24th, 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%
2022-09-20110,751100.49+0.69+0.69%
2022-09-1933,03399.80
2022-09-165,75799.80+0.15+0.15%
2022-09-1536,89199.65+0.05+0.05%
2022-09-1415,40899.60
2022-09-1367,20699.60+0.10+0.10%
2022-09-124,52099.50-0.01-0.01%
2022-09-09109,84199.51+0.01+0.01%
2022-09-085,62199.50-0.05-0.05%
2022-09-0730,17699.55

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 (+0.26%) 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

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