Sanlam (OTCMKTS:SLLDY) Trading Up 0.3% – Here’s Why

Sanlam Limited (OTCMKTS:SLLDYGet Free Report) shares were up 0.3% on Monday . The company traded as high as C$12.87 and last traded at C$12.85. Approximately 29,109 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 21,792 shares. The stock had previously closed at C$12.82.

Sanlam Trading Up 0.3%

The company has a fifty day moving average price of C$12.12 and a two-hundred day moving average price of C$10.91.

About Sanlam

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Sanlam Limited (OTCMKTS:SLLDY) is a South African financial services group offering a broad array of insurance, investment and wealth management solutions. Headquartered in Bellville, Cape Town, the company provides life and health insurance, general insurance products, retirement planning and savings vehicles to individual and corporate clients. Through its network of advisors and digital platforms, Sanlam seeks to deliver tailored financial planning, estate planning, risk cover and wealth preservation services across multiple market segments.

Founded in 1918 as the South African Life Assurance and Investment Society, Sanlam has grown into one of the continent’s largest insurers.

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