SBPP - Standard Bank Preference Shares

Apr 25, 2024 at 13:35 Twitter · Facebook

SBPP share price on Johannesburg Stock Exchange

The Standard Bank Group Preferences Shares (SBPP) are non-redeemable, non-cumulative, non-participating preference shares (second preference shares) issued by the Standard Bank Group Limited on the Johannesburg Stock Exchange.

Standard Bank Group is an African financial services organization with South African roots. It is the country's largest banking group by assets and operates in over 20 countries in sub-Saharan Africa. Standard Bank's strategic position enables it to connect Africa to other select emerging markets and pools of capital in developed markets. Headquartered in Johannesburg, South Africa, the group's primary listing is on the JSE and its secondary listings on A2X Markets and the Namibian Stock Exchange (NSX). Subsidiary entities are listed on exchanges in Kenya, Malawi, Namibia, Nigeria, and Uganda.

Standard Bank Preference Shares is listed on the Johannesburg Stock Exchange (JSE). Standard Bank Preference Shares is traded on the JSE under the ticker symbol “SBPP”. The International Securities Identification Number (ISIN) of JSE:SBPP is ZAE000056339. Standard Bank Preference Shares is currently the 142nd most valuable stock on the JSE with a market capitalization of ZAR 4.37 billion, which makes about 0.023% of the Johannesburg Stock Exchange equity market.

SBPP Stock Market Performance

The current share price of Standard Bank Preference Shares (SBPP) is ZAR 82.40. SBPP closed its last trading day (Wednesday, April 24, 2024) at 82.50 ZAR per share on the Johannesburg Stock Exchange (JSE). Standard Bank Preference Shares began the year with a share price of 87.89 ZAR but has since lost 6.13% off that price valuation, ranking it 245th on the JSE in terms of year-to-date performance.

Standard Bank Preference Shares is the 255th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 24 - Apr 24, 2024). SBPP has traded a total volume of 1.7 million shares—in 2,100 deals—valued at ZAR 146 million over the period, with an average of 27,047 traded shares per session. A volume high of 164,568 was achieved on April 3rd, and a low of 1,172 on February 6th, for the same period. The table below details the last 10 trading days of activity of Standard Bank Preference Shares on the Johannesburg Stock Exchange.

Profile of Standard Bank Group Limited

Standard Bank Group Limited was founded on November 25, 1969 and operates in the Financials sector, specifically, the Banking industry. Standard Bank Group contracts an estimated total number of 50,707 employees.

SBPP Industrial Market Competitors

Standard Bank Group Limited, issuers of the SBPP, Standard Bank 6.5% Preference Shares (-4.55%) and Standard Bank Group Limited (-17.23%) 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