NSX Daily Update (04 August 2021)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Locals 33 068 377 289 5%
SA Dual Listed 226 521 7 940 819 95%
ETFs
Total 259 589 8 318 108 100%

Table 1: NSX Trades


NSX Activities

A total of N$ 8 318 108 worth of shares was traded on the NSX on Tuesday with about N$ 2 675 681 worth of Momentum Metropolitan Holdings, N$ 2 070 630 worth of Standard Bank Group and N$ 1 127 711 worth of Investec Limited. No ETFs were traded on Tuesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • The mysterious buying of Momentum Metropolitan shares erupts, causing the share price to soar.
  • The removal of ATMs cash withdrawal fees continues to create a buying trend of Standard Bank Group’s shares.
  • Investec’s capital disclosure report that was previously published encourages more investors to continue buying its shares.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 34.00 34.02 0.1%
Nictus Holdings NHL 1.80 1.80 0%
Capricorn CGP 12.96 12.96 0%
First Rand Namibia FNB 29.99 29.99 0%
Standard Bank Namibia SNO 6.48 6.47 -0.2%
Oryx Limited ORY 11.44 11.44 0%
Letshego LHN 1.74 1.74 0%
Namibia Asset Management NAM 0.66 0.66 0%
Stimulus SILP 127.90 127.90 0%
Paratus Namibia Holdings Ltd PNH 12.00 12.00 0%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0%

Table 2: Primary listed Trades


Name South African Dual Listed Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Anglo-American plc ANM 662.59 677.16 2.20%
Barloworld Limited BWL 108.00 106.75 -1.16%
Oceana Group Limited OCG 64.37 64.10 -0.42%
Mediclinic International Plc MEP 57.15 57.00 -0.26%
Truworths TRW 59.54 60.08 0.91%
Nedbank Group Limited NBK 168.04 171.66 2.15%
Standard Bank Group SNB 123.85 126.24 1.93%
Shoprite Holdings SRH 159.39 163.20 2.39%
FirstRand Limited FST 54.60 55.46 1.58%
Momentum Metropolitan Holdings MMT 19.32 19.40 0.41%
Old Mutual Ltd OMM 12.95 13.09 1.08%
Sanlam Limited SLA 58.12 58.86 1.27%
Santam Limited SNM 247.05 252.54 2.22%
Vukile Property Fund Limited VKN 10.63 10.88 1.87%
Investec Limited IVD 53.83 55.18 2.51%
PSG Konsult Limited KFS 10.86 11.05 1.75%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 244.65 243.34 -0.54%
New Gold Palladium ETF NGNPLD 375.54 369.25 -1.67%
New Gold Platinum ETF N NGNPLT 147.93 145.23 -1.83%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.32
EUR/ZAR 16.99
GBP/ZAR 19.92
EUR/GBP 0.85
EUR/USD 1.18
GBP/USD 1.39
AUD/USD 0.73
USD/JPY 109.02
Commodities  
Gold 1 813.45
Silver 25.60
Platinum 1 045.40
Palladium 2 644.25
WTI 70.33
Brent 72.31

Table 5: Exchange Rates and Commodities


Local News

More electricity was imported in June, resulting to lower local produced electricity.  (New Era Newspaper)

MTC Namibia questions on the basis of the license granting awarded to MTN South Africa (Namibian Sun)

The Harambee II achieved 94% of its target in the first quarter of 2021.  (The Namibian)

Sub-Sahara News

In South Africa, The Foschini Group (TFG) is unsure of the looting impact as it works overtime to reopen damaged stores. (News24)

Covid-19 Vaccination drive gains momentum in South Africa as President Ramaphosa further instruct people to get vaccinated. (AllAfrica News)

Kenya’s banking industry sees strong growth in 2020 than in 2021, a report states.(CNBC Africa)

International News

In the USA, the demand for household debt climbed in Q2, New York Fed report shows. (Reuters)

European stock market closed off ‘mixed’ on Tuesday as upbeat dividend earnings results warred with concerns about spiking Covid-19 cases in Asia (RTT News)

In Asia, Financial firms are devising plans to speed up the closure for Asia’s coal-fired power plants in order to reduce the biggest source of carbon emissions. (Aljazeera News)

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