SYGCN - Sygnia Itrix New China Sectors ETF
The Sygnia Itrix New China Sectors ETF is an exchange-traded fund in the Sygnia Itrix Collective Investment Scheme in Securities, managed by Sygnia Itrix (RF) Propriety Ltd. The SYGCN ETF aims to track the S&P New China Sectors Index which measures the performance of China- and Hong Kong-domiciled companies in consumption and service-oriented industries. All Chinese share classes including A-shares and offshore listings are eligible for inclusion.
Historically, China’s growth has been driven by companies in the banking, natural resources, and manufacturing sectors—many of which are state-owned enterprises. However, as the country’s economy matures, consumption and service-related industries are becoming structurally more important. Since China’s stock market still has significant exposure to these “old economy” sectors, many market participants are seeking alternative index solutions to participate more directly in the country’s fastest growth areas.
Sygnia Itrix New China Sectors ETF is listed on the Johannesburg Stock Exchange (JSE) since April 20th, 2022. Sygnia Itrix New China Sectors ETF is traded on the JSE under the ticker symbol “SYGCN”. The International Securities Identification Number (ISIN) of JSE:SYGCN is ZAE000309159. Sygnia Itrix New China Sectors ETF is currently the 360th most valuable stock on the JSE with a market capitalization of ZAR 72.8 million, which is about 0.0004% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 24.71 |
| Day’s High Price | 24.89 |
| Traded Volume | 9,068 |
| Number of Deals | 6 |
| Gross Turnover | 225,244.40 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.93M |
| Market Capitalization | 72.8M |
SYGCN Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -1.58% | -5.62% | -13.2% |
| 6MO | 1YR | YTD |
|---|---|---|
| -9.96% | -22.3% | -12.1% |
The current share price of Sygnia Itrix New China Sectors ETF (SYGCN) is ZAR 24.85. SYGCN closed its last trading day (Friday, September 6, 2024) at 24.85 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% drop from its previous closing price of 25.00 ZAR. Sygnia Itrix New China Sectors ETF began the year with a share price of 28.27 ZAR but has since lost 12.1% off that price valuation, ranking it 339th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SYGCN has lost 6% of the stock’s value from August 8th to date.
Sygnia Itrix New China Sectors ETF is the 297th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 10 - Sep 6, 2024). SYGCN has traded a total volume of 711,349 shares—in 438 deals—valued at ZAR 18.6 million over the period, with an average of 11,291 traded shares per session. A volume high of 193,874 was achieved on August 15th, and a low of 1 on July 31st, for the same period. The table below details the last 10 trading days of activity of Sygnia Itrix New China Sectors ETF on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-09-06 | 9,068 | 24.85 | -0.15 | -0.60% |
| 2024-09-05 | 6,187 | 25.00 | -0.11 | -0.44% |
| 2024-09-04 | 3,789 | 25.11 | -0.15 | -0.59% |
| 2024-09-03 | 5,504 | 25.26 | +0.21 | +0.84% |
| 2024-09-02 | 6,437 | 25.05 | -0.20 | -0.79% |
| 2024-08-30 | 2,459 | 25.25 | +0.32 | +1.28% |
| 2024-08-29 | 65,468 | 24.93 | +0.24 | +0.97% |
| 2024-08-28 | 3,223 | 24.69 | -0.28 | -1.12% |
| 2024-08-27 | 5,212 | 24.97 | +0.10 | +0.40% |
| 2024-08-26 | 131 | 24.87 |
Profile of Sygnia Itrix (RF) Pty Limited
Sygnia Itrix (RF) Pty Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of Sygnia Itrix (RF) Pty Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- 7th Floor, The Foundry, Cardiff Street, Green Point, Cape Town, 8001, South Africa
- Telephone
- +27-860-794-642
- info@sygnia.co.za
- Website
- www.sygnia.co.za
SYGCN Industrial Market Competitors
Sygnia Itrix (RF) Pty Limited, issuers of the SYGCN, Sygnia Itrix FANG.AI Actively Managed ETF (+13.94%), Sygnia Itrix SOL H150 ETF (+8.77%), Sygnia Itrix MSCI US ETF (+8.58%), Sygnia Itrix S&P 500 ETF (+7.23%), Sygnia Itrix S&P Global 1200 ESG ETF (+6.5%), Sygnia Itrix FTSE 100 ETF (+5.02%), Sygnia Itrix Top 40 ETF (+4.94%), Sygnia Itrix MSCI World Index ETF (+4.82%), Sygnia Itrix MSCI EM 50 ETF (+3.62%) and Sygnia Itrix Global Property ETF (+2.04%) 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| 4SI | 4Sight Holdings Limited | 401M | 0.75 | +50% |
| AIL | African Rainbow Cap Inv | 10.1B | 6.70 | +37% |
| ETFSAP | 1nvest SA Property ETF | 1.52B | 39.96 | +19.1% |
| STXPRO | Satrix Property Portfolio | 472M | 11.35 | +18.5% |
| BRN | Brimstone Inv Corp Ltd-N | 1.28B | 5.70 | +17.5% |
| GLD | New Gold Issuer Limited | 25.4B | 414.73 | +16.5% |
| ETFGLD | 1nvest Gold ETF | 1.76B | 433.27 | +16.5% |
| STXNDA | Satrix MSCI India Feeder ETF | 851M | 91.60 | +14.5% |
| CSPROP | 10X SA Property Income ETF | 457M | 12.98 | +14.2% |
| STXFIN | Satrix FINI Portfolio | 1.53B | 20.59 | +14.1% |