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Nedbank Group Limited (JSE: NED) | Share Price

Updated 2 Sep 2022
Nedbank Group Limited

Nedbank Group Limited is a financial service providing company listed on the Johannesburg Stock Exchange (JSE) that provides wholesale and retail banking services, and insurance, asset management and wealth management offerings.

Latest Nedbank Group Limited Share Price

The graph above shows the latest Nedbank Group Limited share price on the Johannesburg Stock Exchange. Investors have seen Nedbank Group Limited shares perform well historically, and it remains a steady investment. Nedbank Group Limited stock is live on the JSE under the stock symbol of NED and is available to trade via various brokers in South Africa.

What is Nedbank Group Limited

Nedbank Group Limited is one of South Africa’s four largest banks, with Nedbank Limited as its principal banking subsidiary.

Nedbank Group Limited maintains a primary listing on JSE, with a secondary listing on the Namibian Stock Exchange (NSX).

The history of Nedbank Group Limited can be traced back to its foundation on November 9, 1966.

Today, Nedbank Group Limited has a diversified portfolio of products and services in more sectors of the financial value chain and renders services through its frontline clusters, Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth and Nedbank Africa Regions. This includes a wide range of wholesale and retail banking services, and a growing insurance, asset management and wealth management offering.

Nedbank Group Limited’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol NED.

Nedbank Group Limited has its headquarters at 135 Rivonia Road, Sandown, Johannesburg, 2196, South Africa.

Nedbank Group Limited has more than 28,697 employees.

The company currently serves clients primarily in South Africa; however, the group is continuing to expand into the rest of Africa. Nedbank has a presence in five countries in the Southern African Development Community (SADC) and East Africa region where it owns subsidiaries and banks in Namibia, Swaziland, Mozambique, Lesotho, Zimbabwe, as well as representative offices in Angola and Kenya.

The current CEO of Nedbank Group Limited is Mike Brown.

Nedbank Group Limited forms part of the Banks Industry and the Financials Sector of the Johannesburg Stock Exchange (JSE).

Nedbank Group

Nedbank Group Limited Stock Performance

The most recent or current price for Nedbank Group Limited stocks on the Johannesburg Stock Exchange (JSE) was 171.45 ZAR at the time of writing.

An analysis of financial data of Nedbank Group Limited showed that the company has a total market capitalisation of 87.2 Billion ZAR, with a Price/Earning ratio of 9.68 and earnings per share of 17.72 ZAR.

The dividend per share of NED was 4.33 ZAR and its dividend yield was 2.53 %. A total of 509 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Nedbank Group Limited stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Nedbank Group Limited, analysts forecast a possible further improved performance for the … sector with market share growing as trading volumes increase.

Highlights of Nedbank Group Limited in 2021

Nedbank Group Limited started the current financial year (2021) with a share price of 129.48 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 32.4 % in value on its price valuation, ranking 142nd on the JSE with its year-to-date performance.

Nedbank Group Limited is currently the 44th most-traded stock on the JSE and it has experienced a total trading volume of more than 113 million shares, which were finalised in 327,186 deals and were valued at a total of 19.1 billion ZAR over a recent three month period from September to December 2021, with an average of 1.79 million shares in each trading session.

During the same period a volume high of 6.65 million was achieved on November 30 and a low of 539,676 on October 22.

Nedbank - How To Trade

How to buy Nedbank Group Limited stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders’ participating daily. To buy, sell or trade Nedbank Group Limited stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “NED”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

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