Category: Reports




NSX DAILY UPDATE (30 AUGUST 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 93,321.00 914,568.74100.00%
ETFs -   -  0.00%
Total 93,321.00 914,568.74 100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 914,568.74 worth of shares was traded on the NSX on Tuesday, with about N$ 109,341  worth of Anglo-American plc and N$   224,710 worth of Letshego Holdings Ltd on the home front. No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were sold by market participants causing a decline in the share price at closing
  • Shares belonging Letshego Holdings Ltd were traded without a change in share price
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%
LetshegoLHN2.652.650.00%
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 plcANM573.87551.80-3.85%
B2Gold CorporationB2G54.8353.87-1.75%
Oceana Group LimitedOCG54.2354.730.92%
Mediclinic International PlcMEP97.2598.050.82%
TruworthsTRW58.0256.49-2.64%
Nedbank Group LimitedNBK217.86215.89-0.90%
Standard Bank GroupSNB159.46157.80-1.04%
Shoprite HoldingsSRH236.52236.02-0.21%
FirstRand LimitedFST67.0465.83-1.80%
Momentum Metropolitan HoldingsMMT17.0916.91-1.05%
Old Mutual LtdOMM11.5110.57-8.17%
Sanlam LimitedSLA56.0754.88-2.12%
Santam LimitedSNM246.39247.870.60%
Vukile Property Fund LimitedVKN13.5313.560.22%
Investec LimitedIVD80.1481.131.24%
PSG Konsult LimitedKFS11.5511.35-1.73%

Table 3: Dual Listed Trades

Name ETFs Price Previous Close 'N$Price End of Day 'N$Daily Change %
New Gold Issuer Ltd NMNGNGLD273.22272.43-0.29%
New Gold Palladium ETFNGNPLD347.55342.49-1.46%
New Gold Platinum ETF NNGNPLT140.79138.76-1.44%
New Funds S&P NAM BondNFNAMA17.2517.24-0.06%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD16.89
EUR/NAD16.96
GBP/NAD19.74
EUR/GBP0.85
EUR/USD0.99
GBP/USD1.16
AUD/USD0.68
USD/JPY138.41
Commodities @ 08:00 
Gold1,746.85
Silver18.49
Platinum851.95
Palladium2,164.02
WTI92.53
Brent98.78

Table 5: Exchange Rates and Commodities 

Local News

Four members of a German family and a South African pilot were killed when a Scenic Air plane crashed into the Zambezi River (Namibian Sun)

Namibia’s 10% participating interest in recent oil discoveries by TotalEnergies and Shell, which is held through the National Petroleum Corporation (Namcor) is a carried interest. (New Era Newspaper)

The Ministry of Agriculture, Water, and Land Reform has suspended the importation of cloven-hoofed animals from Botswana, following suspicions of foot-and-mouth disease. (The Namibian)

Sub-Sahara News

The cost-of-living crisis pushing millions of people towards poverty in Europe is driven by fossil fuels, according to a leading Earth systems scientist, who has warned that global heating risks causing runaway climate change. (News24)

Angola’s main opposition party has submitted a legal complaint challenging the electoral commission’s finding that the governing party won last week’s election, a letter seen by Reuters shows. (CNBC Africa)

In February of this year, African leaders launched the African Year of Nutrition. However, as the year has unfolded, the outlook for nutrition on the continent has been increasingly bleak: the latest report on the State of Food Security and Nutrition in the World estimates that around 322 million people in Africa experience severe food insecurity, a significant increase from 282 million in 2020. In fact, since 2018, the majority of Africans have been suffering from moderate or severe food insecurity. (All Africa News)

International News

Taiwan said on Wednesday it would exercise its right to self defense and "counter-attack" if Chinese armed forces entered its territory, as Beijing increased military activities near the democratic island. (Reuters)

Asian stocks fell for an eighth straight session on Wednesday, with Europe's energy woes and a drought-fueled power crisis in China keeping investors nervous. (RTT News)

Mikhail Gorbachev, who ended the Cold War and was the last leader of the Soviet Union, has died at the age of 91, Russian news agencies reported, citing medical sources. (Aljazeera News)

NSX DAILY UPDATE (29 AUGUST 2022)

NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 3,512.00 300,909.58100.00%
ETFs -   -  0.00%
Total 3,512.00 300,909.58 100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 300,909.58 worth of shares was traded on the NSX on Monday, with about N$ 19,003 worth of Anglo-American plc and N$  2,132 worth of Nictus Holdings on the home front. No ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were sold by market participants causing a decline in the share price at closing
  • Shares belonging Nictus Holdings were traded without a change in share price
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%
LetshegoLHN2.652.650.00%
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 plcANM585.49573.87-1.98%
B2Gold CorporationB2G56.9054.83-3.64%
Oceana Group LimitedOCG54.2154.230.04%
Mediclinic International PlcMEP98.7397.25-1.50%
TruworthsTRW58.3658.02-0.58%
Nedbank Group LimitedNBK224.27217.86-2.86%
Standard Bank GroupSNB162.69159.46-1.99%
Shoprite HoldingsSRH235.73236.520.34%
FirstRand LimitedFST68.9567.04-2.77%
Momentum Metropolitan HoldingsMMT17.3517.09-1.50%
Old Mutual LtdOMM11.4411.510.61%
Sanlam LimitedSLA56.2556.07-0.32%
Santam LimitedSNM250.00246.39-1.44%
Vukile Property Fund LimitedVKN13.6613.53-0.95%
Investec LimitedIVD82.6480.14-3.03%
PSG Konsult LimitedKFS11.5611.55-0.09%

Table 3: Dual Listed Trades

Name ETFs Price Previous Close 'N$Price End of Day 'N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.31273.22-0.40%
New Gold Palladium ETFNGNPLD350.77347.55-0.92%
New Gold Platinum ETF NNGNPLT142.50140.79-1.20%
New Funds S&P NAM BondNFNAMA17.2717.25-0.12%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD16.85
EUR/NAD16.85
GBP/NAD19.74
EUR/GBP0.85
EUR/USD0.99
GBP/USD1.16
AUD/USD0.68
USD/JPY138.60
Commodities @ 08:00 
Gold1,745.30
Silver18.46
Platinum846.30
Palladium2,142.27
WTI97.11
Brent102.81

Table 5: Exchange Rates and Commodities 

Local News

TransNamib bosses and employees will be on tenterhooks as they await to see whether the company’s decision to place a portion of its vast property base under the hammer today will pay off (Namibian Sun)

Several government offices, ministries, and agencies owe the works and transport ministry- the government’s assets custodian-over N$1.5 billion in unpaid fees for leasing vehicles from the ministry over the past five years (New Era Newspaper)

Namibia has over 300 licensed oil companies, and the government has announced it will not issue new licenses for wholesalers and fuel stations. (The Namibian)

Sub-Sahara News

Harmony Gold reported an R1 billion loss for the year ended in June as profits plummeted 120% (News24)

Angola’s electoral commission on Monday declared the ruling MPLA, in power for nearly five decades since independence, the winner of last week’s national election, handing President Joao Lourenco a second term amid concerns about possible fraud. (CNBC Africa)

Against its usual practice of extending its ongoing industrial action by a specific number of weeks or months, the Academic Staff Union of Universities (ASUU) on Monday said the strike would now be indefinite (All Africa News)

International News

The dollar struggled to regain momentum on Tuesday after being beaten back from a two-decade high versus major peers by a reinvigorated euro.  (Reuters)

European stocks traded mixed in cautious trade on Tuesday as the deepening energy crisis in the region fueled recession fears. (RTT News)

United States President Joe Biden plans to ask Congress to approve an estimated $1.1bn arms sale to the self-ruled island of Taiwan, including 60 anti-ship missiles and 100 air-to-air missiles, according to Politico. (Aljazeera News)

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)

NSX DAILY UPDATE (11 AUGUST 2022)

NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 24,317.00 2,439,773.69100.00%
ETFs -   -  0.00%
Total 24,317.00 2,439,773.69 100.00

Table 1: NSX Trades


NSX Activities

A total of N$ 2,439,773.69 worth of shares was traded on the NSX on Thursday with N$ 271,527 worth of Truworths and N$  74,010 worth of Capricorn Group Limited on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Truworths shares were traded on the JSE resulting increase in share price at closing as bullish market conditions prevail.
  • On the local NSX listing, shares belonging to Capricorn Group were traded with a major slump in share price at closing
NameNSX Local TickerPrice Previous Close 'N$Price End of Day 'N$Daily Change %
Namibian BreweriesNBS40.0240.020.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.0110.50-4.63%
First Rand NamibiaFNB29.7629.760.00%
Standard Bank NamibiaSNO4.374.370.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.462.460.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.527.520.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades


­­

NameSouth African Dual Listed TickerPrice Previous Close 'N$Price End of Day 'N$Daily Change %
Anglo-American plcANM585.42603.823.14%
B2Gold CorporationB2G58.8057.46-2.28%
Oceana Group LimitedOCG51.4852.752.47%
Mediclinic International PlcMEP98.0998.110.02%
TruworthsTRW53.4355.343.57%
Nedbank Group LimitedNBK216.49218.410.89%
Standard Bank GroupSNB167.22169.691.48%
Shoprite HoldingsSRH235.90241.002.16%
FirstRand LimitedFST67.4568.321.29%
Momentum Metropolitan HoldingsMMT15.6516.123.00%
Old Mutual LtdOMM11.4511.873.67%
Sanlam LimitedSLA56.6258.082.58%
Santam LimitedSNM254.00252.02-0.78%
Vukile Property Fund LimitedVKN14.2514.461.47%
Investec LimitedIVD90.3789.64-0.81%
PSG Konsult LimitedKFS11.8312.051.86%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close 'N$Price End of Day 'N$Daily Change %
New Gold Issuer Ltd NMNGNGLD271.39271.400.00%
New Gold Palladium ETFNGNPLD350.81358.302.14%
New Gold Platinum ETF NNGNPLT148.39150.861.66%
New Funds S&P NAM BondNFNAMA17.2517.360.64%

Table 4: ETFs


Exchange Rates 
USD/NAD16.24
EUR/NAD16.74
GBP/NAD19.78
EUR/GBP0.84
EUR/USD1.03
GBP/USD1.21
AUD/USD0.71
USD/JPY133.17
Commodities 
Gold1,806.60
Silver20.37
Platinum957.30
Palladium2,256.77
WTI93.89
Brent99.19

Table 5: Exchange Rates and Commodities 


Local News

The Road Fund Administration (RFA) has concluded a study on the feasibility of implementing a tolling system and said data shows Namibia has sufficient traffic flows to support it.  (Namibian Sun)

TransNamib and Alliance Media are locked in mediation after the railway company sued the advertising agency for failing to pay for advertising spaces. (New Era Newspaper)

The government, through the Bank of Namibia (BoN), last week put out an auction seeking to borrow N$215 million on Wednesday but ended up borrowing N$415 million citing as much as it wants. (The Namibian)

Sub-Sahara News

Luxury homes in gated security estates; a mansion with two house-size "guest cottages" in a rural village; a home in an exclusive golf estate; and an R27-million house on its own private two-hectare suburban property. (News24)

U.S. Secretary of State Antony Blinken said on Wednesday he had raised with Rwanda’s president U.S. concerns over the jailing of Paul Rusesabagina, portrayed in the film “Hotel Rwanda” sheltering hundreds of people during the 1994 genocide. (CNBC Africa)

The Independent Electoral and Boundaries (IEBC) started streaming verified presidential results late Thursday as it races against time to declare final results (All Africa News)

International News

South Korea's President Yoon Suk-yeol pardoned Samsung Electronics (005930.KS) Vice Chairman Jay Y. Lee on Friday, with South Korea's Justice Ministry saying the business leader was needed to help overcome a "national economic crisis". (Reuters)

Shares of Deutsche Post DHL Group were gaining around 6 percent in the morning trading in Germany after the package delivery and logistic major reported Friday higher profit and revenues in its second quarter with strong demand. (RTT News)

When Annie Shu flew to “China’s Hawaii” of Hainan in July, she was hoping to enjoy a much-needed break after suffering through a two-month lockdown at home in Shanghai. (Aljazeera News)


Copyright © HEI 2026
This is the right footer