African Stock Exchanges

SYGEMF - Sygnia Itrix MSCI EM 50 ETF

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SYGEMF share price on Johannesburg Stock ExchangeSYGEMF share price on Johannesburg Stock Exchange

The Sygnia Itrix MSCI Emerging Markets 50 ETF (SYGEMF) is a high-risk, passively managed index-tracking fund registered as a collective investments scheme and listed on the JSE as an exchange traded fund. The objective of SYGEMF is to provide an investment vehicle that gives investors long term capital appreciation in tracking the performance of the MSCI Emerging Markets 50 Index. The ETF also aims to replicate the price and yield performance of the MSCI EM 50 Index as closely as possible by holding a portfolio of securities equivalent to the basket of securities that comprise the index, and in similar weightings to the Index.

The MSCI Emerging Markets 50 Index, weighted by free float-adjusted market capitalization, is based on the MSCI Emerging Markets Index (“Parent Index”) and includes 50 of its largest constituents, putting stronger emphasis on tradability compared to the Parent Index. To enhance tradability, the MSCI EM 50 applies eligibility screens that exclude smaller emerging market countries and replaces constituent securities for selected markets with depository receipts. Thus, the SYGEMF fund is more liquid than the Parent Index and avoids issues of instruments that have limited foreign ownership, as is also beneficial in terms of risk management.

Sygnia Itrix MSCI EM 50 ETF is listed on the Johannesburg Stock Exchange (JSE) since May 14th, 2021. Sygnia Itrix MSCI EM 50 ETF is traded on the JSE under the ticker symbol “SYGEMF”. The International Securities Identification Number (ISIN) of JSE:SYGEMF is ZAE000297792. Sygnia Itrix MSCI EM 50 ETF is currently the 203rd most valuable stock on the JSE with a market capitalization of ZAR 2.12 billion, which is about 0.01% of the Johannesburg Stock Exchange equity market.

SYGEMF13.29 ▾ 0.11 (0.82%)
2 days ago
Last Trading Results
Opening Price
Day’s Low Price13.29
Day’s High Price13.39
Traded Volume1,185
Number of Deals7
Gross Turnover15,856.74
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding160M
Market Capitalization2.12B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

SYGEMF Stock Market Performance

1WK4WK3MO
-2.57%+9.02%-10.1%
6MO1YRYTD
-7.13%-29.4%-28.1%

The current share price of Sygnia Itrix MSCI EM 50 ETF (SYGEMF) is ZAR 13.29. SYGEMF closed its last trading day (Friday, November 25, 2022) at 13.29 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.8% drop from its previous closing price of 13.40 ZAR. Sygnia Itrix MSCI EM 50 ETF began the year with a share price of 18.48 ZAR but has since lost 28.1% off that price valuation, ranking it 347th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 9% increase of SYGEMF share price since October 28th, which is 85th best on JSE.

Sygnia Itrix MSCI EM 50 ETF is the 139th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 31 - Nov 25, 2022). SYGEMF has traded a total volume of 16.8 million shares—in 596 deals—valued at ZAR 227 million over the period, with an average of 266,960 traded shares per session. A volume high of 7.63 million was achieved on November 16th, and a low of 22 on October 26th, for the same period. The table below details the last 10 trading days of activity of Sygnia Itrix MSCI EM 50 ETF on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2022-11-251,18513.29-0.11-0.82%
2022-11-24568,12513.40+0.15+1.13%
2022-11-2357,47313.25-0.02-0.15%
2022-11-228,62313.27-0.13-0.97%
2022-11-2129,84513.40-0.24-1.76%
2022-11-189,71513.64-0.01-0.07%
2022-11-179,44413.65-0.05-0.36%
2022-11-167,626,48613.70-0.40-2.84%
2022-11-156,62114.10+0.64+4.75%
2022-11-1412,17413.46

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

SYGEMF Industrial Market Competitors

Sygnia Itrix (RF) Pty Limited, issuers of the SYGEMF, Sygnia Itrix SOL H150 ETF (+0.75%), Sygnia Itrix SWIX 40 ETF (+0.62%), Sygnia Itrix Top 40 ETF (-1.03%), Sygnia Itrix FTSE 100 ETF (-2.11%), Sygnia Itrix New China Sectors ETF (-4.45%), Sygnia Itrix S&P Global 1200 ESG ETF (-8.85%), Sygnia Itrix S&P 500 ETF (-8.93%), Sygnia Itrix MSCI World Index ETF (-9.09%), Sygnia Itrix MSCI Japan ETF (-10.37%) and Sygnia Itrix MSCI US ETF (-10.5%) 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

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