NSX DAILY UPDATE (29 July 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 305,467.00 12,566,737.75100.00%
ETFs –   –  0.00%
Total 305,467.00 12,566,737.75 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$12,566,737.75 worth of shares was traded on the NSX on Friday, with about N$ 740,942 worth of Oceana Group Limited and N$       4,113,760 worth of Namibia Breweries on the home front. No ETFs were traded on Friday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Oceana Group’s share price decreased at closing as market participants dumps shares.
  • On the local NSX listing, shares belonging to Namibia Breweries were traded with no change in share price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.5011.01-4.26%
First Rand NamibiaFNB30.0130.010.00%
Standard Bank NamibiaSNO4.324.340.46%
Oryx LimitedORY10.2510.250.00%
LetshegoLHN2.652.650.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.537.530.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades


­­

NameSouth African Dual Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM572.38599.364.71%
B2Gold CorporationB2G56.1156.861.34%
Oceana Group LimitedOCG50.2648.77-2.96%
Mediclinic International PlcMEP97.5097.00-0.51%
TruworthsTRW51.4151.19-0.43%
Nedbank Group LimitedNBK215.43216.900.68%
Standard Bank GroupSNB159.65159.990.21%
Shoprite HoldingsSRH226.50224.24-1.00%
FirstRand LimitedFST65.9065.55-0.53%
Momentum Metropolitan HoldingsMMT14.7314.64-0.61%
Old Mutual LtdOMM11.3011.340.35%
Sanlam LimitedSLA54.5954.51-0.15%
Santam LimitedSNM245.94243.62-0.94%
Vukile Property Fund LimitedVKN14.5214.20-2.20%
Investec LimitedIVD87.1788.731.79%
PSG Konsult LimitedKFS12.1411.89-2.06%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD271.14272.830.62%
New Gold Palladium ETFNGNPLD335.74339.201.03%
New Gold Platinum ETF NNGNPLT142.37142.850.34%
New Funds S&P NAM BondNFNAMA16.9317.040.65%

Table 4: ETFs


Exchange Rates 
USD/NAD16.16
EUR/NAD17.03
GBP/NAD20.29
EUR/GBP0.83
EUR/USD1.02
GBP/USD1.21
AUD/USD0.69
USD/JPY132.56
Commodities 
Gold1,778.40
Silver20.18
Platinum888.20
Palladium2,099.52
WTI97.50
Brent103.29

Table 5: Exchange Rates and Commodities 


Local News

Around 11,000 hectares of land are currently irrigated, with 40% land area that can still potentially be irrigated. (Namibian Sun)

Swapo has not veered off its original mission, but instead continuously adapts to contemporary realities to remain at the forefront of fighting for social justice and economic emancipation for all  (New Era Newspaper)

An overwhelming number of government employees across the country last week voted in favor of a civil servant strike over salary increments (The Namibian)

Sub-Sahara News

Unions striking at the South African Revenue Service (SARS) have vowed to continue with their industrial action this week, but have said they remain open to resuming discussions if the tax body comes forward to them with a meaningful offer. (News24)

South Africa’s ruling African National Congress (ANC) party reaffirmed its position that the central bank should be nationalized during a policy conference over the past three days, President Cyril Ramaphosa said on Sunday. (CNBC Africa)

CNN published an investigation that had been seven months in the making disclosing how “Russia is plundering gold in Sudan to boost Putin’s war effort in Ukraine” with the complicity of Sudanese military rulers. (All Africa News)

International News

The head of Myanmar’s junta on Monday blamed instability for stalling efforts to implement a peace plan agreed with other Southeast Asian countries as he extended emergency rule for another six months. (Reuters)

Asian stocks ended broadly lower on Monday as weak business activity data from Europe and the United States coupled with anxiety about China’s property market added to worries about a recession. (RTT News)

Kosovo’s government has postponed for a month the implementation of new border rules that sparked tensions in the north of the country where ethnic Serbs blocked roads and unknown gunmen fired on police (Aljazeera News)

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