NSX DAILY UPDATE (26 AUGUST 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 81,968.00 8,519,449.39100.00%
ETFs –   –  0.00%
Total 81,968.00 8,519,449.39 100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 8,519,449.39 worth of shares was traded on the NSX on Friday, with about N$ 3,050,528 worth of Nedbank Group Limited and N$ 306,738  worth of Santam Limited shares. No trades occurred on the home front or ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

  • Nedbank Group Limited shares were subscribed to market participants
  • Shares belonging Santam Limited were traded displaying an upward orientation at closing
NameNSX Local Ticker Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0140.010.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7210.720.00%
First Rand NamibiaFNB30.0230.020.00%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.462.460.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.0013.000.00%
Mobile Telecommunication CompanyMOC7.527.520.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades

­­

NameSouth African Dual Listed Ticker Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM578.49585.491.21%
B2Gold CorporationB2G57.2856.90-0.66%
Oceana Group LimitedOCG54.1054.210.20%
Mediclinic International PlcMEP98.5098.730.23%
TruworthsTRW58.4958.36-0.22%
Nedbank Group LimitedNBK215.60224.274.02%
Standard Bank GroupSNB160.90162.691.11%
Shoprite HoldingsSRH234.74235.730.42%
FirstRand LimitedFST68.2668.951.01%
Momentum Metropolitan HoldingsMMT17.0917.351.52%
Old Mutual LtdOMM11.3311.440.97%
Sanlam LimitedSLA55.9556.250.54%
Santam LimitedSNM247.04250.001.20%
Vukile Property Fund LimitedVKN14.0013.66-2.43%
Investec LimitedIVD82.3782.640.33%
PSG Konsult LimitedKFS11.5211.560.35%

Table 3: Dual Listed Trades

Name ETFs Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.72274.31-0.15%
New Gold Palladium ETFNGNPLD341.39350.772.75%
New Gold Platinum ETF NNGNPLT142.54142.50-0.03%
New Funds S&P NAM BondNFNAMA17.3017.27-0.17%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD16.99
EUR/NAD16.85
GBP/NAD19.81
EUR/GBP0.84
EUR/USD0.99
GBP/USD1.16
AUD/USD0.68
USD/JPY138.84
Commodities @ 08:00 
Gold1,734.20
Silver18.37
Platinum840.75
Palladium2,121.00
WTI93.80
Brent99.72

Table 5: Exchange Rates and Commodities 

Local News

Paladin Energy’s Langer Heinrich uranium mine in Namibia suffered a net loss after tax of about N$337 million, for the year ended 30 June 2022. (Namibian Sun)

TransNamib has called the Namibia Transport and Allied Workers Union (Natau) back to the negotiation table, hoping to bring an end to the strike that threatens to bring the embattled railway carrier to its knees (New Era Newspaper)

 Minister of Mines and Energy, Tom Alweendo will challenge a decision by an arbitration tribunal that forced the government to renew a five-year N$ 200- million contract to evaluate Namibia Desert Diamonds (Namdia) diamonds. (The Namibian)

Sub-Sahara News

Beneficiaries of the R350 Social Relief of Distress (SRD) grant may face delays with their August payment after new regulations for the grant were implemented.. (News24)

South African reforms must be deepened for the country to maintain the growth momentum created by its recovery from the coronavirus pandemic, the Organisation for Economic Cooperation and Development (OECD) says. (CNBC Africa)

Jose Eduardo dos Santos ruled Angola for nearly four decades. His reign was marked by allegations of theft and nepotism as well as an end to a long-enduring civil war (All Africa News)

International News

Pakistan needs financial help to deal with “overwhelming” floods, its foreign minister said on Sunday, adding that he hoped financial institutions such as the International Monetary Fund would take the economic fallout into account. (Reuters)

Asian stocks ended mixed on Monday as investors awaited a slew of U.S. data and Federal Reserve Chair Jerome Powell’s keynote address at the Kansas City Fed’s two-day annual economic symposium this week for fresh clues on the economic and interest rate (RTT News)

Japan will push for an African seat at the United Nations by using its place on the world body’s Security Council. (Aljazeera News)

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