Johannesburg, South Africa – Shares of Absa Group Limited (Johannesburg Stock Exchange: ABG) experienced a downturn in trading today, with the stock price settling at 17,327 ZAC (South African Cents). This marked a decrease of 122 ZAC, or -0.70%, as of 13:18 GMT+5:30.
The current ABG share price reflects a dip from its previous close of 17,448 ZAC. While the daily movement shows a slight pullback, an analysis of Absa Group’s stock performance over different periods reveals a varied picture. Over the past month, the stock has achieved a gain of +2.30%. However, looking at a six-month timeframe, ABG shares are down by -6.65%, and the year-to-date performance indicates a -7.97% decline.
Despite these shorter-term fluctuations, Absa Group Limited has delivered positive returns for investors over longer horizons. The one-year performance for ABG stock shows a solid gain of +14.50%. Furthermore, over a five-year period, the financial services giant has provided a commendable return of +69.90%. The all-time performance for Absa shares on the Johannesburg Stock Exchange (JSE) stands at +22.86%.
As one of Africa’s largest diversified financial services groups, Absa Group’s stock movements are closely watched by the investment community for insights into the health of the South African and broader African financial markets. The ABG chart for the day indicated an initial sharp drop followed by some price consolidation around the current trading level.
Investors will continue to monitor Absa’s performance on the JSE, taking into account macroeconomic factors, industry trends, and company-specific news to assess the future trajectory of the ABG share price.
Frequently Asked Questions (FAQ) about Absa Group Limited (ABG)
Q1: What is the current stock price of Absa Group Limited (ABG)?
A1: As of the latest update (13:18 GMT+5:30), the stock price of Absa Group Limited (ABG) was 17,327 ZAC (South African Cents).
Q2: How much did the Absa Group Limited (ABG) stock price change today?
A2: The ABG stock price decreased by 122 ZAC, which represents a change of -0.70% for the day so far.
Q3: What is the stock ticker and exchange for Absa Group Limited?
A3: The stock ticker for Absa Group Limited is ABG, and it is traded on the Johannesburg Stock Exchange (JSE).
Q4: What was the previous closing price for ABG?
A4: The previous closing price for Absa Group Limited (ABG) was 17,448 ZAC.
Q5: How has Absa Group Limited (ABG) stock performed recently?
A5:
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1 day: -0.68% (as per the summary, slightly different from the headline figure due to timing)
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5 days: -0.97%
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1 month: +2.30%
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6 months: -6.65%
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Year to date: -7.97%
Q6: What is the long-term performance of Absa Group Limited (ABG) stock?
A6:
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1 year: +14.50%
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5 years: +69.90%
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All time: +22.86%
Q7: What kind of company is Absa Group Limited?
A7: Absa Group Limited is one of Africa’s largest diversified financial services groups, offering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management, and insurance.
Q8: Where can I find more detailed charts and information for Absa Group Limited (ABG)?
A8: Detailed stock charts and financial information for Absa Group Limited (ABG) can be found on major financial news websites, brokerage platforms, and the Johannesburg Stock Exchange (JSE) official website. The chart in the image is provided by TradingView.
