Picked up more STXJGE at 107.35 because the rand weakness is pushing international equity exposure higher on my radar, and this ETF gives me clean access to global diversification without the currency hedge drag.
Satrix JSE Global Equity ETF (JSE: STXJGE)
Last traded- Open
- R101.38
- Prev Close
- R100.91
- Day High
- R102.48
- Day Low
- R101.32
Key statistics
| Market cap | N/A |
|---|---|
| P/E | N/A |
| EPS | N/A |
| Div yield | N/A |
| 52W high | R112.27 |
| 52W low | R96.45 |
| Volume | 16K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from live member stances recorded by registered members on this page.
STXJGE sitting at R106.28 gives decent offshore exposure without the hassle of opening a foreign account, but at what cost when the rand keeps weakening against the dollar. Are you lot taking the currency hit as part of the long-term play or would you rather chase the JSE blue ch
STXJGE catching a bit of momentum at R100.96, though that 0.50% is barely a ripple. Global equity exposure looking decent on weakness but you're essentially buying the dollar strength play here, which could reverse quick.
STXJGE creeping higher at R100.96, though that 0.50% gain feels thin given global equity weakness lately. Unless there's fresh conviction in offshore exposure, I'm not reading much into today's move.