OMU - Old Mutual Limited

Apr 25, 2024 at 22:10 Twitter · Facebook

OMU share price on Johannesburg Stock Exchange

Old Mutual Limited is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. The group was first established in Cape Town in 1845 as South Africa's first mutual life insurance company, offering financial security in uncertain times. Old Mutual's purpose is to help its customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, and society.

Old Mutual, operating as a specialty financial services company, offers life, health, short-term, agriculture, and disability insurance, as well as retirement planning, wealth management, banking, loans, and consultancy services. Old Mutual serves customers worldwide.

Old Mutual Limited is listed on the Johannesburg Stock Exchange (JSE). Old Mutual is traded on the JSE under the ticker symbol “OMU”. The International Securities Identification Number (ISIN) of JSE:OMU is ZAE000255360. Old Mutual Limited is currently the 45th most valuable stock on the JSE with a market capitalization of ZAR 48.6 billion, which is about 0.253% of the Johannesburg Stock Exchange equity market.

OMU Stock Market Performance

The current share price of Old Mutual Limited (OMU) is ZAR 10.15. OMU closed its last trading day (Thursday, April 25, 2024) at 10.15 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.3% gain over its previous closing price of 10.12 ZAR. Old Mutual began the year with a share price of 13.06 ZAR but has since lost 22.3% off that price valuation, ranking it 349th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that OMU has lost 11% of the stock’s value from March 26th to date.

Old Mutual is the fifth most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 25 - Apr 25, 2024). OMU has traded a total volume of 697 million shares—in 203,461 deals—valued at ZAR 8.04 billion over the period, with an average of 11.1 million traded shares per session. A volume high of 39.2 million was achieved on March 20th, and a low of 3.14 million on February 8th, for the same period. The table below details the last 10 trading days of activity of Old Mutual on the Johannesburg Stock Exchange.

Profile of Old Mutual Limited

Old Mutual Limited was founded on May 29, 2017 and operates in the Financials sector, specifically, the Specialty Finance industry.

OMU Industrial Market Competitors

Old Mutual Limited, issuers of the OMU stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Specialty Finance 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