Junior Mining Index Starts Trade

Source:

Investors can now tap into the spectacular growth of junior mining and exploration companies with an index that tracks 30 JSE-listed companies in the form of a futures contract listed on the JSE.

Investors can now tap into the spectacular growth of junior mining and exploration companies with an index that tracks 30 JSE-listed companies in the form of a futures contract listed on the JSE.

Nedbank Capital today said that through its equity capital markets futures desk itís now offering investors the Nedsec Junior Mining and Exploration Index (NSJMEX) that excludes the seven inward dual-listed companies. Nerina, the first index that Nedbank Capital launched in September 2006, simply tracked the performance of the JSE-listed junior miners and explorers.

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