STXNDA - Satrix MSCI India Feeder ETF

Nov 29, 2023 at 21:01 Twitter · Facebook

STXNDA share price on Johannesburg Stock Exchange

The Satrix MSCI India Feeder Exchange-Traded Fund (STXNDA) is a portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. Satrix MSCI India participatory interests provide investors exposure to approximately 85% of the Indian stock market via large and mid-cap Indian stock. The STXNDA ETF reinvests the income from the constituents in the index and therefore does not distribute.

Launched in April 1993, the MSCI India Index represents exposure to approximately 85% of the Indian stock market with direct investment into large and mid-cap Indian stocks. The index constituents are weighted by the security free-float adjusted market capitalization calculated based on the Foreign Inclusion Factor (FIF) and subject to Foreign Ownership Limits (FOLs).

Satrix MSCI India Feeder ETF is listed on the Johannesburg Stock Exchange (JSE) since February 24th, 2022. Satrix MSCI India Feeder ETF is traded on the JSE under the ticker symbol “STXNDA”. The International Securities Identification Number (ISIN) of JSE:STXNDA is ZAE000306924. Satrix MSCI India Feeder ETF is currently the 307th most valuable stock on the JSE with a market capitalization of ZAR 301 million, which is about 0.0015% of the Johannesburg Stock Exchange equity market.

STXNDA Stock Market Performance

The current share price of Satrix MSCI India Feeder ETF (STXNDA) is ZAR 73.60. STXNDA closed its last trading day (Wednesday, November 29, 2023) at 73.60 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% drop from its previous closing price of 73.68 ZAR. Satrix MSCI India Feeder ETF began the year with a share price of 61.13 ZAR and has since gained 20.4% on that price valuation, ranking it 69th on the JSE in terms of year-to-date performance. Shareholders can be optimistic about STXNDA knowing the stock has accrued 6% over the past four-week period—166th best on JSE.

Satrix MSCI India Feeder ETF is the 289th most traded stock on the Johannesburg Stock Exchange over the past three months (Sep 1 - Nov 29, 2023). STXNDA has traded a total volume of 724,545 shares—in 1,028 deals—valued at ZAR 53 million over the period, with an average of 11,501 traded shares per session. A volume high of 41,557 was achieved on November 20th, and a low of 1,489 on November 16th, for the same period. The table below details the last 10 trading days of activity of Satrix MSCI India Feeder ETF on the Johannesburg Stock Exchange.

Profile of Satrix Investments (Pty) Limited

Satrix Investments (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.

STXNDA Industrial Market Competitors

Satrix Investments (Pty) Limited, issuers of the STXNDA, Satrix Nasdaq 100 Prtf (+61.35%), Satrix S&P 500 Feeder (+30.88%), Satrix MSCI World Feeder (+28%), Satrix MSCI World ESG ETF (+26.94%), Satrix Smart City Infrastructure ETF (+20.36%), Satrix MSCI EMG Markets (+15.49%), Satrix Namibia Bond ETF (+12.9%), Satrix MSCI EM ESG ETF (+12.49%), Satrix INDI Portfolio (+12.29%) and Satrix FINI Portfolio (+9.04%) stocks on the Johannesburg 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.

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