Category: Equity Market Research




NSX DAILY UPDATE (13 JUNE 2022)

NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall115,373 11,881,395100.00%
ETFs -   -  0.00%
Total 115,373 11,881,395 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 11,881,395 worth of shares was traded on the NSX on Monday, with about N$  1,952,903 worth of Anglo- American, N$  324,411  worth of Shoprite Holdings, and N$  606,490 worth of Namibia Breweries on the home front. No ETFs were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American shares price decreased at closing following a market meltdown on the JSE
  • Shares in Shoprite Holdings slightly decreased at closing
  • On the local NSX front, Namibia Breweries shares were traded in large volumes resulting in an increase in share price at closing.
NameNSX Local TickerPrice Previous Close 'N$Price End of Day 'N$Daily Change %
Namibian BreweriesNBS40.0040.992.48%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP12.7912.790.00%
First Rand NamibiaFNB30.5030.500.00%
Standard Bank NamibiaSNO4.504.510.22%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.982.980.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.1912.190.00%
Mobile Telecommunication CompanyMOC7.997.88-1.38%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades


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NameSouth African Dual Listed TickerPrice Previous Close 'N$Price End of Day 'N$Daily Change %
Anglo-American plcANM709.00687.11-3.09%
B2Gold CorporationB2G60.9166.469.11%
Oceana Group LimitedOCG56.2056.00-0.36%
Mediclinic International PlcMEP84.4985.481.17%
TruworthsTRW53.8051.59-4.11%
Nedbank Group LimitedNBK215.76213.00-1.28%
Standard Bank GroupSNB155.58155.52-0.04%
Shoprite HoldingsSRH209.28209.980.33%
FirstRand LimitedFST65.6365.20-0.66%
Momentum Metropolitan HoldingsMMT14.2814.491.47%
Old Mutual LtdOMM12.0111.70-2.58%
Sanlam LimitedSLA57.6855.23-4.25%
Santam LimitedSNM270.00265.37-1.71%
Vukile Property Fund LimitedVKN14.5514.23-2.20%
Investec LimitedIVD91.0090.32-0.75%
PSG Konsult LimitedKFS11.7011.35-2.99%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close 'N$Price End of Day 'N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.24275.560.48%
New Gold Palladium ETFNGNPLD286.87283.51-1.17%
New Gold Platinum ETF NNGNPLT147.90147.55-0.24%
New Funds S&P NAM BondNFNAMA16.8616.66-1.19%

Table 4: ETFs


Exchange Rates 
USD/ZAR16.02
EUR/ZAR16.72
GBP/ZAR19.52
EUR/GBP0.85
EUR/USD1.04
GBP/USD1.25
AUD/USD0.69
USD/JPY134.61
Commodities 
Gold1,830.10
Silver21.26
Platinum937.35
Palladium1,802.53
WTI121.56
Brent123.03

Table 5: Exchange Rates and Commodities 


Local News

Two unions representing civil servants have until this Friday to determine their next step in a salary-increase battle they’ve been fighting since last year. (Namibian Sun)

The Kunene Regional Council has been thrown into panic mode following allegations of falsification of procurement documents and official signatures related to awarding of medical tenders in the region.  (New Era Newspaper)

The Anti-Corruption Commission (ACC) is investigating a Namibian company that allegedly faked a letter of award, using a Ministry of Health and Social Service letterhead and the signature of its executive director, Ben Nangombe. (The Namibian)

Sub-Sahara News

Despite another grim day on the markets, the JSE’s losses remain relatively contained compared to some of the other major markets. (News24)

Formula One boss Stefano Domenicali arrived in South Africa on Monday for talks that could see the country’s Kyalami circuit return to the Grand Prix calendar next year for the first time since 1993. (CNBC Africa)

Africa should be under no illusion about Vladimir Putin's invasion of Ukraine. It is the equivalent of France deciding it would like to have Algeria back or Portugal seeking to recover Mozambique and Angola or Britain aspiring to rule once more from the Cape to Cairo. (All Africa News)

International News

Britain published plans on Monday to override some post-Brexit trade rules for Northern Ireland by scrapping checks and challenging the role played by the European Union's court in a new clash with Brussels.. (Reuters)

Asian stocks ended mixed on Tuesday after a sell-off in the U.S. bond market overnight fueled anxiety about a possible economic slowdown. (RTT News)

At least 50 people have died in an attack by armed men on a village in northern Burkina Faso, a government spokesman said. (Aljazeera News)

NSX DAILY UPDATE (10 JUNE 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 114,279  5,967,041 100.00%
ETFs  -    -   0.00%
Total  114,279  5,967,041  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 5,967,041 worth of shares was traded on the NSX on Friday, with about N$  42,593  worth of Anglo- American, N$  2,606,556 worth of Shoprite Holdings, and N$  1,861,283  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:

  • Anglo-American shares price decreased at closing following a market meltdown on the JSE
  • Shares in Shoprite Holdings slightly reduced by 0.5% as bearish turbulent behavior calms
  • On the local NSX front, Namibia Breweries shares were traded in large volumes resulting  in a -4.8% decrease in the share price at closing
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 42.00 40.00 -4.76%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.00 12.79 -1.62%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.50 4.50 0.00%
Oryx Limited ORY 10.26 10.26 0.00%
Letshego LHN 3.00 2.98 -0.67%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.19 12.19 0.00%
Mobile Telecommunication Company MOC 8.00 7.99 -0.12%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 749.39 709.00 -5.39%
B2Gold Corporation B2G 62.93 60.91 -3.21%
Oceana Group Limited OCG 57.37 56.20 -2.04%
Mediclinic International Plc MEP 83.51 84.49 1.17%
Truworths TRW 53.82 53.80 -0.04%
Nedbank Group Limited NBK 218.31 215.76 -1.17%
Standard Bank Group SNB 158.25 155.58 -1.69%
Shoprite Holdings SRH 210.34 209.28 -0.50%
FirstRand Limited FST 66.92 65.63 -1.93%
Momentum Metropolitan Holdings MMT 14.24 14.28 0.28%
Old Mutual Ltd OMM 12.39 12.01 -3.07%
Sanlam Limited SLA 59.11 57.68 -2.42%
Santam Limited SNM 270.33 270.00 -0.12%
Vukile Property Fund Limited VKN 14.27 14.55 1.96%
Investec Limited IVD 92.20 91.00 -1.30%
PSG Konsult Limited KFS 11.80 11.70 -0.85%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 264.37 274.24 3.73%
New Gold Palladium ETF NGNPLD 286.70 286.87 0.06%
New Gold Platinum ETF N NGNPLT 144.93 147.90 2.05%
New Funds S&P NAM Bond NFNAMA 16.95 16.86 -0.53%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.96
EUR/ZAR 16.74
GBP/ZAR 19.63
EUR/GBP 0.85
EUR/USD 1.04
GBP/USD 1.25
AUD/USD 0.70
USD/JPY 134.85
Commodities  
Gold 1 867.15
Silver 21.65
Platinum 957.65
Palladium 1,895.03
WTI 119.08
Brent 120.53

Table 5: Exchange Rates and Commodities 


Local News

Two presidents have for the past two weeks failed to come clean and explain their roles in the alleged cover-up in the theft of undisclosed American dollars, estimated to be US$4 million. (Namibian Sun)

MTC has pleaded with the government to lift a moratorium on the use of 5G technology, emphasizing that 5G is a prerequisite for the Fourth Industrial Revolution. (New Era Newspaper)

A SWAPO think tank report has recommended that the government should introduce a N$50 monthly levy for everyone who earns more than N$5,000 a month contribution towards the provision of national healthcare (The Namibian)

Sub-Sahara News

The SA National Road Agency (Sanral), which spent less than half of its government grant over the past two years, has put in place procurement processes that the industry says will cause further delays, increase costs, and raise the risk that its projects will go awry. (News24)

The PPP Forum in Congo, Brazzaville is the government's new approach to woo the private sector through partnerships that can foster development in the Central African Country. (CNBC Africa)

The widespread exploitation of men, women, and children at a refugee camp in Malawi has been uncovered by the United Nations Office of Drugs and Crime (UNODC) and the Malawian Police Service (All Africa News)

International News

Japan's top government spokesperson on Monday issued a fresh warning to markets that Tokyo was concerned about sharp yen falls and ready to "respond appropriately" if needed. (Reuters)

Asian stocks ended broadly higher on Monday, as investors reacted to reports of a possible U.S. tariff cut on China's goods, loosening of Covid-19 restrictions in Beijing, and improved Caixin Services PMI data for May from China. (RTT News)

Security concerns raised by Turkey in its opposition to Finland and Sweden joining NATO are legitimate, NATO Secretary-General Jens Stoltenberg said during a visit to Finland (Aljazeera News)

NSX DAILY UPDATE (10 JUNE 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 1,701,268  51,476,283 96.47%
ETFs  8,269  1,882,305 3.53%
Total  1,709,537  53,358,588  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 51,476,283 worth of shares was traded on the NSX on Thursday, with about N$ 606,593 worth of Anglo- American, N$ 206,063 worth of Shoprite Holdings, and N$ 41,197,615 worth of FirstRand Namibia Ltd on the home front. ETFs worth N$ 1,882,305 were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American shares price decreased at closing following a market meltdown on the JSE
  • Shares in Shoprite Holdings slightly increased as it tries to bounce back from the bearish market condition
  • On the local NSX front, FirstRand Namibia Ltd shares were traded in large volumes, however, it did not change the share price at closing
  • Over the ETF markets, there was a minor sell-off trend emerging as some commodity prices fell in value.
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 42.00 42.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 12.40 13.00 4.84%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.50 4.50 0.00%
Oryx Limited ORY 10.25 10.26 0.10%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.19 12.19 0.00%
Mobile Telecommunication Company MOC 8.00 8.00 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 762.94 749.39 -1.78%
B2Gold Corporation B2G 63.18 62.93 -0.40%
Oceana Group Limited OCG 56.93 57.37 0.77%
Mediclinic International Plc MEP 79.78 83.51 4.68%
Truworths TRW 53.37 53.82 0.84%
Nedbank Group Limited NBK 220.00 218.31 -0.77%
Standard Bank Group SNB 161.24 158.25 -1.85%
Shoprite Holdings SRH 209.55 210.34 0.38%
FirstRand Limited FST 68.22 66.92 -1.91%
Momentum Metropolitan Holdings MMT 14.36 14.24 -0.84%
Old Mutual Ltd OMM 12.51 12.39 -0.96%
Sanlam Limited SLA 60.93 59.11 -2.99%
Santam Limited SNM 270.29 270.33 0.01%
Vukile Property Fund Limited VKN 13.63 14.27 4.70%
Investec Limited IVD 93.30 92.20 -1.18%
PSG Konsult Limited KFS 11.74 11.80 0.51%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 265.09 264.37 -0.27%
New Gold Palladium ETF NGNPLD 288.72 286.70 -0.70%
New Gold Platinum ETF N NGNPLT 148.98 144.93 -2.72%
New Funds S&P NAM Bond NFNAMA 16.89 16.95 0.36%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.44
EUR/ZAR 16.42
GBP/ZAR 19.32
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 133.76
Commodities  
Gold 1 847.75
Silver 21.70
Platinum 971.55
Palladium 1,929.03
WTI 121.10
Brent 122.6

Table 5: Exchange Rates and Commodities 


Local News

A change in the way South Africa’s central bank implements monetary policy may lead to greater volatility in the rand. (Namibian Sun)

The Namibia Economic Freedom Fighters yesterday asked the ombudsman to launch an investigation into President Hage Geingob’s alleged role in the circumstance of theft of almost US$4 million from South African counterpart Cyril Ramaphosa’s farm. (New Era Newspaper)

President Hage Geingob has criticized the country’s education system’s capacity to produce employees for the labor market. (The Namibian)

Sub-Sahara News

Eskom said it will give the transmission unit that it’s transforming into a separate entity an R39.9 billion loan to make sure it can complete projects and be financially viable. (News24)

The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits. (CNBC Africa)

As of June 9, 2022, confirmed cases of Covid-19 from 55 African countries reached 11,761,791 while 321,791,657 vaccinations have been administered across the continent. (All Africa News)

International News

China's commercial hub of Shanghai faces an unexpected round of mass COVID-19 testing for most residents this weekend - just 10 days after a city-wide lockdown was lifted - unsettling residents and raising concerns about the impact on business. (Reuters)

Germany's exports rebounded at a stronger than expected pace in April despite sanctions imposed on Russia dampening trade in Europe. (RTT News)

Thursday’s verdict by the supreme court of the self-proclaimed Donetsk People’s Republic (DPR), a region that is controlled by Russia-backed rebels and not internationally recognized as independent, marks the first conviction of foreign fighters since Russia invaded Ukraine on February 24. (Aljazeera News)

NSX DAILY UPDATE (08 JUNE 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 311,281  2,630,813 100.00%
ETFs  -    -   0.00%
Total  311,281  2,630,813  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 2,630,813 worth of shares was traded on the NSX on Wednesday, with about N$ 118,014 worth of Anglo- American, N$ 8,002  worth of Truworths, and N$  1,338,207 worth of SBN Holdings Ltd on the home front. No ETFs were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American shares increased in price at closing following the buying back of its own shares from Goldman Sachs International.
  • Shares in Truworths increased in share price following readjustments of investor’s portfolios
  • On the local NSX front, SBN Holdings Ltd shares were traded, causing a soar in the share price.
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 42.00 42.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.29 12.40 -6.70%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.00 4.50 12.50%
Oryx Limited ORY 10.25 10.25 0.00%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.19 12.19 0.00%
Mobile Telecommunication Company MOC 7.51 8.00 6.52%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 774.20 762.94 -1.45%
B2Gold Corporation B2G 64.01 63.18 -1.30%
Oceana Group Limited OCG 57.55 56.93 -1.08%
Mediclinic International Plc MEP 78.42 79.78 1.73%
Truworths TRW 52.89 53.37 0.91%
Nedbank Group Limited NBK 221.00 220.00 -0.45%
Standard Bank Group SNB 162.45 161.24 -0.74%
Shoprite Holdings SRH 209.90 209.55 -0.17%
FirstRand Limited FST 69.27 68.22 -1.52%
Momentum Metropolitan Holdings MMT 14.50 14.36 -0.97%
Old Mutual Ltd OMM 12.59 12.51 -0.64%
Sanlam Limited SLA 62.07 60.93 -1.84%
Santam Limited SNM 274.08 270.29 -1.38%
Vukile Property Fund Limited VKN 13.59 13.63 0.29%
Investec Limited IVD 93.68 93.30 -0.41%
PSG Konsult Limited KFS 11.85 11.74 -0.93%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 265.41 265.09 -0.12%
New Gold Palladium ETF NGNPLD 295.24 288.72 -2.21%
New Gold Platinum ETF N NGNPLT 149.60 148.98 -0.41%
New Funds S&P NAM Bond NFNAMA 16.87 16.89 0.12%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.30
EUR/ZAR 16.40
GBP/ZAR 19.17
EUR/GBP 0.85
EUR/USD 1.07
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 134.37
Commodities  
Gold 1 853.25
Silver 22.02
Platinum 1,004.30
Palladium 1,944.53
WTI 122.34
Brent 123.87

Table 5: Exchange Rates and Commodities 


Local News

A change in the way South Africa’s central bank implements monetary policy may lead to greater volatility in the rand. (Namibian Sun)

Namibia Dairies has confirmed the relocation of the production and packaging of its Nammilk Full Cream and Low-Fat Ultra-high temperature (UHT) milk ranges. (New Era Newspaper)

The Namibian government has been criticized for its lack of urgency to put in place cybercrime and data-protection laws. (The Namibian)

Sub-Sahara News

The credit rating agency Moody's has placed most of Transnet’s credit ratings on review for a downgrade. (News24)

The Organization for Economic Cooperation and Development has become the latest international institution to cut its predictions for global growth this year but has downplayed the possibility of a prolonged period of so-called “stagflation.” (CNBC Africa)

As of June 8, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,757,022 while  301,428,973 vaccinations have been administered across the continent (All Africa News)

International News

The battle for the Ukrainian city of Sievierodonetsk is brutal and will determine the fate of the Donbas region, said the country's president, as Russian troops lay waste to the city in an assault aimed at controlling eastern Ukraine. (Reuters)

Asian stock markets are mostly lower on Thursday, following the negative cues overnight from the global markets, as traders are digesting comments from JPMorgan CEO Jamie Dimon, warning of an economic "hurricane" amid soaring inflation, and global slowdown, and the prospects of aggressive monetary tightening by global central banks. (RTT News)

Iran has turned off a number of cameras installed by the global nuclear watchdog after Western powers introduced a resolution to censure it. (Aljazeera News)

NSX DAILY UPDATE (07 JUNE 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 312087  19,120,234 100.00%
ETFs  -    -   0.00%
Total  312,087  19,120,234  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 19,120,234 worth of shares was traded on the NSX on Tuesday, with about N$ 2,504,715 worth of Anglo-American plc and no trades occurred on the home front. No ETFs were traded on Tuesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American plc shares were traded resulting in a slight increase in percentage change
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 42.00 42.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.29 13.29 0.00%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.00 4.00 0.00%
Oryx Limited ORY 10.25 10.25 0.00%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.19 12.19 0.00%
Mobile Telecommunication Company MOC 7.51 7.51 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 769.27 774.20 0.64%
B2Gold Corporation B2G 64.05 64.01 -0.06%
Oceana Group Limited OCG 56.11 42.00 -25.15%
Mediclinic International Plc MEP 77.50 57.55 -25.74%
Truworths TRW 53.71 52.89 -1.53%
Nedbank Group Limited NBK 225.58 221.00 -2.03%
Standard Bank Group SNB 166.25 162.45 -2.29%
Shoprite Holdings SRH 211.89 209.90 -0.94%
FirstRand Limited FST 70.40 69.27 -1.61%
Momentum Metropolitan Holdings MMT 14.96 14.50 -3.07%
Old Mutual Ltd OMM 12.41 12.59 1.45%
Sanlam Limited SLA 63.81 62.07 -2.73%
Santam Limited SNM 276.95 274.08 -1.04%
Vukile Property Fund Limited VKN 13.44 13.59 1.12%
Investec Limited IVD 94.43 93.68 -0.79%
PSG Konsult Limited KFS 11.96 11.85 -0.92%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 265.06 265.41 0.13%
New Gold Palladium ETF NGNPLD 299.40 295.24 -1.39%
New Gold Platinum ETF N NGNPLT 153.03 149.60 -2.24%
New Funds S&P NAM Bond NFNAMA 16.95 16.87 -0.47%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.38
EUR/ZAR 16.44
GBP/ZAR 19.34
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 133.09
Commodities  
Gold 1,852.00
Silver 22.20
Platinum 1,012.70
Palladium 1,986.28
WTI 120.02
Brent 120.97

Table 5: Exchange Rates and Commodities 


Local News

The Namibian Peugeot-Opel assembly plant is situated in Walvisbay Bay, where the government owns a 49% stake to French currently idle over its inability to export vehicles out of the country. (Namibian Sun)

The Namibian Ports Authority continues to make positive strides, with the latest figures indicating the total year-on-year cargo handled amounted to 6.5 million tons, indicating an increase of 6%. (New Era Newspaper)

South African opposition leader Julius Malema is gunning for both South African President Cyril Ramaphosa and Namibian head of state Hage Geingob as the fall-out from the so-called “farmgate” saga continues. (The Namibian)

Sub-Sahara News

The IMF has completed its annual staff visit to SA urging the government to "downsize Eskom’s balance sheet and restore its commercial sustainability". (News24)

The International Monetary Fund (IMF) said on Tuesday at the end of a visit to South Africa that its staff was increasingly concerned about the country’s economic growth outlook and the implications on employment, poverty, and inequality. (CNBC Africa)

As of June 7, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,749,735 while  301,415,135 vaccinations have been administered across the continent. (All Africa News)

International News

Halyna, a 28-year-old woman from the southern Ukrainian city of Mariupol, survived three weeks of Russian shelling with her husband, two young children, and a dog. (Aljazeera News)

European stocks traded mixed in cautious trade on Wednesday as investors react to weak German retail sales and Eurozone manufacturing PMI data. (RTT News)

Apple (AAPL.O) must change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed on Tuesday to a single charging port for mobile phones, tablets, and cameras in the world first. (Reuters)

NSX DAILY UPDATE (06 JUNE 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 153978  28,905,039 100.00%
ETFs  -    -   0.00%
Total  153,978  28,905,039  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 28,905,039 worth of shares was traded on the NSX on Monday, with about N$ 19,324,512 worth of Anglo-American plc and N$  57,371 worth of FirstRand Namibia Ltd on the home front. No ETFs were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American plc shares were traded causing the share price to increase by 2.95%.
  • FirstRand Namibia Ltd shares were traded by market participants, without a change in share price at closing.
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 42.00 42.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.29 13.29 0.00%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.00 4.00 0.00%
Oryx Limited ORY 10.25 10.25 0.00%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.19 12.19 0.00%
Mobile Telecommunication Company MOC 7.51 7.51 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 747.21 769.27 2.95%
B2Gold Corporation B2G 66.25 64.05 -3.32%
Oceana Group Limited OCG 55.71 56.11 0.72%
Mediclinic International Plc MEP 76.77 77.50 0.95%
Truworths TRW 53.62 53.71 0.17%
Nedbank Group Limited NBK 229.19 225.58 -1.58%
Standard Bank Group SNB 170.43 166.25 -2.45%
Shoprite Holdings SRH 64.24 63.81 -0.67%
FirstRand Limited FST 72.66 70.40 -3.11%
Momentum Metropolitan Holdings MMT 15.16 14.96 -1.32%
Old Mutual Ltd OMM 12.50 12.41 -0.72%
Sanlam Limited SLA 64.24 63.81 -0.67%
Santam Limited SNM 281.17 276.95 -1.50%
Vukile Property Fund Limited VKN 13.22 13.44 1.66%
Investec Limited IVD 95.13 94.43 -0.74%
PSG Konsult Limited KFS 11.85 11.96 0.93%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 270.26 269.00 -0.47%
New Gold Palladium ETF NGNPLD 392.37 301.62 -23.13%
New Gold Platinum ETF N NGNPLT 151.13 153.04 1.26%
New Funds S&P NAM Bond NFNAMA 16.94 16.95 0.06%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.45
EUR/ZAR 16.51
GBP/ZAR 19.36
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 131.90
Commodities  
Gold 1,844.15
Silver 22.10
Platinum 1,027.85
Palladium 1,993.03
WTI 118.31
Brent 119.36

Table 5: Exchange Rates and Commodities 


Local News

President Hage Geingob says Namibians are impatient and want to reap the benefits of investment opportunities quicker than expected.. (Namibian Sun)

The health ministry has confirmed a total of 23 suspected cases of measles. (New Era Newspaper)

Some pensioners say they are disenchanted as they have not received their pension funds that were due last week(The Namibian)

Sub-Sahara News

A group of pension funds in KwaZulu-Natal is taking the South African Local Government Association Bargaining Council (SALGABC) to court for forcing them to get accredited. The funds must be accredited by the council - or lose business from the municipalities. (News24)

Pension funds administrator, Alexforbes, doubled its dividend and saw double digit growth in headline earnings per share for the year to March. (CNBC Africa)

As of June 6, 2022, confirmed cases of Covid-19 from 55 African countries reached 11,746,324 while 301,467,295 vaccinations have been administered across the continent. (All Africa News)

International News

Mark Barden has seen moments like this come and go – times when he thought the US Congress might finally pass gun reforms to thwart more mass killings. (Aljazeera News)

Asian stock markets are trading mostly higher on Tuesday, following the lack of cues from Wall Street overnight due to a holiday, as signs of easing COVID-19 curbs in Beijing and Shanghai as well as the announcement of more stimulus measures in China raised optimism about growth in the world's second-largest economy and helped underpin sentiment. (RTT News)

Elon Musk on Monday warned that he might walk away from his $44 billion offer to acquire Twitter Inc (TWTR.N) if the social media network failed to provide data on spam and fake accounts. (Reuters)

NSX DAILY UPDATE (03 JUNE 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 149659  12,787,529 99.20%
ETFs  384  103,027 0.80%
Total  150,043  12,890,556  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 12,787,529 worth of shares was traded on the NSX on Friday, with about N$  206,506  worth of Shoprite Holdings and N$  762,500 worth of FirstRand Namibia Ltd on the home front. ETFs worth N$ 103,027 were traded on Friday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Shoprite Holdings shares were traded causing the share price to increase by 1.7% as consumer staples demand surges
  • FirstRand Namibia Ltd shares were traded by market participants, without a change in share price at closing.
  • New Gold Issuer Ltd NM ETF exchanged hands of the bourse toppling at closing.
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 43.50 42.00 -3.45%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.29 13.29 0.00%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.00 4.00 0.00%
Oryx Limited ORY 10.25 10.25 0.00%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.19 12.19 0.00%
Mobile Telecommunication Company MOC 7.51 7.51 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 760.73 747.21 -1.78%
B2Gold Corporation B2G 62.57 66.25 5.88%
Oceana Group Limited OCG 54.07 76.77 41.98%
Mediclinic International Plc MEP 76.39 76.77 0.50%
Truworths TRW 53.29 53.62 0.62%
Nedbank Group Limited NBK 228.49 229.19 0.31%
Standard Bank Group SNB 168.92 170.43 0.89%
Shoprite Holdings SRH 209.81 213.35 1.69%
FirstRand Limited FST 69.04 72.66 5.24%
Momentum Metropolitan Holdings MMT 15.24 15.16 -0.52%
Old Mutual Ltd OMM 12.51 12.50 -0.08%
Sanlam Limited SLA 64.40 64.24 -0.25%
Santam Limited SNM 282.10 281.17 -0.33%
Vukile Property Fund Limited VKN 13.63 13.22 -3.01%
Investec Limited IVD 95.01 95.13 0.13%
PSG Konsult Limited KFS 11.68 11.85 1.46%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 270.26 269.00 -0.47%
New Gold Palladium ETF NGNPLD 392.37 301.62 -23.13%
New Gold Platinum ETF N NGNPLT 151.13 153.04 1.26%
New Funds S&P NAM Bond NFNAMA 16.94 16.95 0.06%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.48
EUR/ZAR 16.60
GBP/ZAR 19.35
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 130.61
Commodities  
Gold 1,857.45
Silver 22.27
Platinum 1,027.20
Palladium 2,022.28
WTI 119.47
Brent 120.38

Table 5: Exchange Rates and Commodities 


Local News

Five Namibians accused of stealing millions in 2020 at the 4,500-hectare farm known as Phala Phala Wildlife, which is owned by South African president Cyril Ramaphosa, have thrown him into a legal and political quagmire. (Namibian Sun)

The hunt for a new CEO for Walvis Bay municipality is on once again as ‘outdated’ requirements forced the council to re-advertise the position. (New Era Newspaper)

The Chinese businesswoman accused of showering a local vendor with urine during an argument last week in Windhoek claims she is innocent (The Namibian)

Sub-Sahara News

The department of social development says that anyone who receives R350 in financial support from a family member will be excluded from the social relief of distress (SRD) grant this time around, as it aims to target the poorest of the poor. (News24)

Capital inflows into Nigeria fell 28% to $1.57 billion in the first quarter of this year compared with the previous quarter, the National Bureau of Statistics (NBS) said on Thursday. (CNBC Africa)

For far too long the west has been telling stories about and talking on behalf of Africa. However, a new slate of 25 documentary films by African filmmakers called Generation Africa is currently making waves at international film festivals and is set to shift perspectives about migration in and from the continent. (All Africa News)

International News

Voters in Kazakhstan have backed constitutional amendments proposed by President Kassym-Jomart Tokayev in the June 5 referendum, the Central Election Commission said on Monday. (Aljazeera News)

Asian stocks rallied on Monday, the dollar edged lower and U.S. Treasury yields fell amid signs that U.S. inflation may have peaked. (RTT News)

South Korea and the United States said they fired eight surface-to-surface missiles early on Monday off South Korea's east coast, responding to a barrage of short-range ballistic missiles launched by North Korea on Sunday. (Reuters)

NSX DAILY UPDATE (02 JUNE 2022

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 431070  87,836,662 99.35%
ETFs  2,149  576,792 0.65%
Total  433,219  88,413,454  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 87,836,662 worth of shares was traded on the NSX on Thursday with about N$ 17,301,197 worth of Anglo-American plc and N$ 121,900 worth of Paratus Namibia Holdings Ltd on the home front. ETFs worth N$ 576,792 were traded on Thursday

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American plc shares were traded causing the share price to increase by 1.2% as market performance on the overall index peaks.
  • Paratus Namibia Holdings Ltd shares were traded by market participants, however, resulting an increase in the share price by 1.5%
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 43.50 43.50 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.29 13.29 0.00%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.00 4.00 0.00%
Oryx Limited ORY 10.25 10.25 0.00%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.01 12.19 1.50%
Mobile Telecommunication Company MOC 7.51 7.51 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 751.85 760.73 1.18%
B2Gold Corporation B2G 62.00 62.57 0.92%
Oceana Group Limited OCG 55.52 54.07 -2.61%
Mediclinic International Plc MEP 77.67 76.39 -1.65%
Truworths TRW 54.54 53.29 -2.29%
Nedbank Group Limited NBK 230.74 228.49 -0.98%
Standard Bank Group SNB 173.00 168.92 -2.36%
Shoprite Holdings SRH 212.91 209.81 -1.46%
FirstRand Limited FST 70.71 69.04 -2.36%
Momentum Metropolitan Holdings MMT 15.22 15.24 0.13%
Old Mutual Ltd OMM 12.55 12.51 -0.32%
Sanlam Limited SLA 65.99 64.40 -2.41%
Santam Limited SNM 287.50 282.10 -1.88%
Vukile Property Fund Limited VKN 13.67 13.63 -0.29%
Investec Limited IVD 95.89 95.01 -0.92%
PSG Konsult Limited KFS 12.01 11.68 -2.75%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 267.50 270.26 1.03%
New Gold Palladium ETF NGNPLD 303.15 392.37 29.43%
New Gold Platinum ETF N NGNPLT 149.02 151.13 1.42%
New Funds S&P NAM Bond NFNAMA 16.94 16.94 0.00%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.45
EUR/ZAR 16.61
GBP/ZAR 19.42
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.72
USD/JPY 129.87
Commodities  
Gold 1,871.75
Silver 22.40
Platinum 1,025.15
Palladium 2,044.53
WTI 116.27
Brent 117.19

Table 5: Exchange Rates and Commodities 


Local News

Well-known actor and one of the founding members of the Independent Patriots for Change (IPC) Jekonia Akunda has dumped the movement to join the All People’s Party (APP). (Namibian Sun)

About 80% of the Ohangwena region’s inhabitants have access to clean drinking water, the National Council’s Standing Committee on Agriculture, Environment and Natural Resources found. (New Era Newspaper)

Thousand of unemployed candidates flocked to the offices of the Zambezi regional Directorate of Veterinary Services (DVS) yesterday to have a chance at 48 temporary positions in an apparent draw. (The Namibian)

Sub-Sahara News

The digitisation of banking services, growing demand for cloud services and the accelerated adoption of payment devices in the informal sector - which typically used to only transact in cash - are propelling African Rainbow Capital-linked Capital Appreciation (Capprec) to new heights. (News24)

Emerging companies have long been in the shadow of the JSE but a new dynamic equity fund established by a leading wealth management group aims to do the opposite. (CNBC Africa)

Deputy President William Ruto has faulted his own administration in the fight against corruption saying it has failed because of selective implementation. (All Africa News)

International News

Hours after US President Joe Biden left Tokyo following a five-day tour to Japan and South Korea last week, officials in Seoul sounded the alarm over the launch of a suspected intercontinental ballistic missile test from North Korea. (Aljazeera News)

European stocks rose for a third day running on Friday, with strong earnings from U.S. retailers and expectations that the Federal Reserve may become less aggressive in tightening rates later in the year helping underpin sentiment. (RTT News)

Germany must work harder to reduce its energy-dependence on Russia but Western sanctions in response to Moscow's invasion of Ukraine are still taking a heavy toll on the Russian war machine, German Economy Minister Robert Habeck said on Thursday. (Reuters)

NSX DAILY UPDATE (01 JUNE 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 45575  8,925,818 100.00%
ETFs  -    -   0.00%
Total  45,575  8,925,818  100.00

Table 1: NSX Trades


NSX Activities

A total of N$ 8,925,818 worth of shares was traded on the NSX on Wednesday with about N$ 8,153,952 worth of Santam Limited and N$ 5,438  worth of Namibia Breweries on the home front. No ETFs were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Santam Limited shares were traded causing the share price to increase as market performance on the overall index peaks.
  • Namibia Breweries’ shares were traded by market participants, however, resulting in an increase in the share price by 6.1%.
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 41.00 43.50 6.10%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.29 13.29 0.00%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.00 4.00 0.00%
Oryx Limited ORY 10.25 10.25 0.00%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.01 12.01 0.00%
Mobile Telecommunication Company MOC 7.51 7.51 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 762.00 751.85 -1.33%
B2Gold Corporation B2G 63.05 62.00 -1.67%
Oceana Group Limited OCG 56.43 55.52 -1.61%
Mediclinic International Plc MEP 75.26 77.67 3.20%
Truworths TRW 54.48 54.54 0.11%
Nedbank Group Limited NBK 237.40 230.74 -2.81%
Standard Bank Group SNB 178.72 173.00 -3.20%
Shoprite Holdings SRH 215.64 212.91 -1.27%
FirstRand Limited FST 72.41 70.71 -2.35%
Momentum Metropolitan Holdings MMT 15.82 15.22 -3.79%
Old Mutual Ltd OMM 12.76 12.55 -1.65%
Sanlam Limited SLA 67.47 65.99 -2.19%
Santam Limited SNM 292.32 287.50 -1.65%
Vukile Property Fund Limited VKN 13.75 13.67 -0.58%
Investec Limited IVD 96.51 95.89 -0.64%
PSG Konsult Limited KFS 12.35 12.01 -2.75%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 268.46 267.50 -0.36%
New Gold Palladium ETF NGNPLD 307.68 303.25 -1.44%
New Gold Platinum ETF N NGNPLT 144.58 149.02 3.07%
New Funds S&P NAM Bond NFNAMA 16.93 16.94 0.06%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.56
EUR/ZAR 16.59
GBP/ZAR 19.44
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 129.96
Commodities  
Gold 1,851.10
Silver 21.93
Platinum 1,001.85
Palladium 2,008.28
WTI 113.08
Brent 114.22

Table 5: Exchange Rates and Commodities 


Local News

Hyphen Hydrogen CEO Marco Raffinetti says Namibia has the potential to become a global renewable energy powerhouse. (Namibian Sun)

The Ministry of Enterprise should consider instituting disciplinary action against employees and executives who failed to meet their performance indicators (New Era Newspaper)

Zambezi regional social worker Ladislas Chikwereti has revealed that over 1,681 illegal abortions have been reported in the region in the past six years. (The Namibian)

Sub-Sahara News

Fund manager Brite Advisors South Africa says it will approach the Financial Services Tribunal after it was fined R10 million and had a financial services provider (FSP) license withdrawn by SA's financial regulator. (News24)

A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and causing queues at filling stations. (CNBC Africa)

As of June 1, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,726,101 while  300,069,590 vaccinations have been administered across the continent (All Africa News)

International News

A grand jury in the United States has charged the 18-year-old man accused of killing 10 Black people in Buffalo, New York, last month with committing a “domestic act of terrorism motivated by hate”, the Associated Press and local media have reported. (Aljazeera News)

Asian stocks gave up early gains to turn lower on Thursday amid worries that tightening global financial conditions will weigh on economic growth. (RTT News)

Meta Platforms Inc (FB.O) Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world's biggest social network, is leaving the company after 14 years, she said in a Facebook post on Wednesday. (Reuters)

NSX DAILY UPDATE (31 MAY 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 358878  35,720,735 100.00%
ETFs  -    -   0.00%
Total  358,878  35,720,735  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 35,720,735 worth of shares was traded on the NSX on Tuesday with about N$ 21,842,334 worth of Shoprite Holdings and N$ 8,518,221 worth of Namibia Breweries on the home front. No ETFs were traded on Tuesday

HEI Equity Research Commentary

From the trading activity that took place:

  • Shoprite Holdings shares were traded causing the share price to increase as market performance on the overall index peaks.
  • Namibia Breweries’ shares were traded by market participants, however, there were no changes to the share price.
Name NSX Local Ticker Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
Namibian Breweries NBS 41.00 41.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.29 13.29 0.00%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.00 4.00 0.00%
Oryx Limited ORY 10.25 10.25 0.00%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.01 12.01 0.00%
Mobile Telecommunication Company MOC 7.51 7.51 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 755.97 762.00 0.80%
B2Gold Corporation B2G 62.90 63.05 0.24%
Oceana Group Limited OCG 55.27 56.43 2.10%
Mediclinic International Plc MEP 74.70 75.26 0.75%
Truworths TRW 53.07 54.48 2.66%
Nedbank Group Limited NBK 232.20 237.40 2.24%
Standard Bank Group SNB 177.40 178.72 0.74%
Shoprite Holdings SRH 213.16 215.64 1.16%
FirstRand Limited FST 71.34 72.41 1.50%
Momentum Metropolitan Holdings MMT 15.86 15.82 -0.25%
Old Mutual Ltd OMM 12.68 12.76 0.63%
Sanlam Limited SLA 67.82 67.47 -0.52%
Santam Limited SNM 292.16 292.32 0.05%
Vukile Property Fund Limited VKN 13.71 13.75 0.29%
Investec Limited IVD 95.26 96.51 1.31%
PSG Konsult Limited KFS 12.35 12.35 0.00%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close 'N$ Price End of Day 'N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 268.90 268.46 -0.16%
New Gold Palladium ETF NGNPLD 307.22 307.68 0.15%
New Gold Platinum ETF N NGNPLT 143.56 144.58 0.71%
New Funds S&P NAM Bond NFNAMA 17.03 16.93 -0.59%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.57
EUR/ZAR 16.78
GBP/ZAR 19.71
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 129.23
Commodities  
Gold 1,835.00
Silver 21.49
Platinum 961.50
Palladium 1,997.03
WTI 115.14
Brent 115.02

Local News

Usakos residents are up for arms after an Erongo RED board member allegedly got away with having outstanding electricity debt of about N$650,000, while their own electricity is disconnected when they owe much less. (Namibian Sun)

Nedbank Namibia yesterday unveiled its N$485 million headquarters at Freedom Plaza in the heart of Windhoek’s CBD (New Era Newspaper)

The Anti-Corruption Commission (ACC) closed 73 out of 120 corruption cases reported to it between 21 March 2020 and 31 March 2021 due to unfounded claims. (The Namibian)

Sub-Sahara News

On Wednesday, the price of petrol reached a new historic high – and plenty more record-breakers are expected in coming months, as red-hot oil prices may not cool soon. (News24)

South African aviation company Comair, a franchise partner of British Airways, said on Tuesday it had suspended all flights until it secures additional funding. (CNBC Africa)

As of May 31, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,719,736 while  300,052,151 vaccinations have been administered across the continent (All Africa News)

International News

The Chinese military has said it conducted a “combat readiness patrol” in the sea and airspace around the self-ruled island of Taiwan, which China claims as its own territory. (Aljazeera News)

Asian stocks rose broadly on Wednesday after U.S. Treasury yields pulled back following weak U.S. new home sales data and a profit warning by Snapchat owner Snap Inc. (RTT News)

Danish energy group Orsted (ORSTED.CO) said on Tuesday it would be able to source natural gas from the European gas market after Russian state gas firm Gazprom (GAZP.MM) announced it would suspend gas supplies to Denmark. (Reuters)


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