NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 686,848.00 | 67,071,442.90 | 99.89% |
ETFs | 349.00 | 75,026.28 | 0.11% |
Total | 687,197.00 | 67,146,469.18 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 67,071,442.90 worth of shares was traded on the NSX on Tuesday with about N$ 4,157,728 worth of Anglo-American plc and N$ 31,940 worth of Namibia Asset Management on the home front. ETFs worth N$ 75,026.28 were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American shares continue to be allotted by participants as the markets bounce back from last week’s market dive
- Shares belonging to Namibia Asset Management Limited were traded resulting in a decline in share price at closing
- New Gold Issuer Ltd NM & New Gold Platinum ETF N were both subscribed by market participants as commodity prices seem to display promising yield
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 42.50 | 42.50 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 10.75 | 10.75 | 0.00% |
First Rand Namibia | FNB | 30.20 | 30.20 | 0.00% |
Standard Bank Namibia | SNO | 4.40 | 4.40 | 0.00% |
Oryx Limited | ORY | 10.27 | 10.27 | 0.00% |
Letshego | LHN | 2.65 | 2.65 | 0.00% |
Namibia Asset Management | NAM | 0.70 | 0.68 | -2.86% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 13.00 | 13.00 | 0.00% |
Mobile Telecommunication Company | MOC | 7.52 | 7.52 | 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 | 550.19 | 557.50 | 1.33% |
B2Gold Corporation | B2G | 50.84 | 53.52 | 5.27% |
Oceana Group Limited | OCG | 54.10 | 54.03 | -0.13% |
Mediclinic International Plc | MEP | 97.86 | 98.35 | 0.50% |
Truworths | TRW | 57.59 | 57.02 | -0.99% |
Nedbank Group Limited | NBK | 208.13 | 207.84 | -0.14% |
Standard Bank Group | SNB | 156.21 | 154.97 | -0.79% |
Shoprite Holdings | SRH | 235.25 | 217.63 | -7.49% |
FirstRand Limited | FST | 65.78 | 65.53 | -0.38% |
Momentum Metropolitan Holdings | MMT | 16.86 | 16.55 | -1.84% |
Old Mutual Ltd | OMM | 10.69 | 10.51 | -1.68% |
Sanlam Limited | SLA | 54.33 | 54.82 | 0.90% |
Santam Limited | SNM | 238.00 | 245.30 | 3.07% |
Vukile Property Fund Limited | VKN | 13.42 | 13.34 | -0.60% |
Investec Limited | IVD | 81.81 | 81.11 | -0.86% |
PSG Konsult Limited | KFS | 11.06 | 11.63 | 5.15% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 274.79 | 275.10 | 0.11% |
New Gold Palladium ETF | NGNPLD | 335.57 | 336.98 | 0.42% |
New Gold Platinum ETF N | NGNPLT | 141.50 | 143.05 | 1.10% |
New Funds S&P NAM Bond | NFNAMA | 17.24 | 17.12 | -0.70% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 17.36 |
EUR/NAD | 17.17 |
GBP/NAD | 19.92 |
EUR/GBP | 0.86 |
EUR/USD | 0.98 |
GBP/USD | 1.15 |
AUD/USD | 0.67 |
USD/JPY | 144.18 |
Commodities @ 08:00 | |
Gold | 1,706.00 |
Silver | 17.86 |
Platinum | 831.60 |
Palladium | 1,975.03 |
WTI | 85.25 |
Brent | 91.35 |
Table 5: Exchange Rates and Commodities
Local News
The existence of the veterinary cordon fence (VCF)- also known as the red line- is limiting Meatco from achieving its full potential. (Namibian Sun)
The second-hand clothing industry will soon be paying duties on imported goods. (New Era Newspaper)
Despite continued complaints from South African farmers over the closure of borders for the importation of horticultural products, Namibia imported tomatoes valued at N$24.6 million from South Africa (The Namibian)
Sub-Sahara News
Neil Phillips, the embattled co-founder of hedge fund Glen Point Capital is looking to sell a nine-bed mansion in one of London’s most expensive areas as he prepares to face US charges that he rigged currency markets. (News24)
South Africa’s economy contracted back to pre-pandemic size in the second quarter, weakened by floods that disrupted operations at a key export hub and the country’s worst-ever power cuts, data from the statistics agency showed. (CNBC Africa)
Ahead of the annual forum of Agra – an organization founded to transform African agriculture – a large network of African food producers and their allies are calling for international donors to stop funding the initiative, which they say has failed to improve productivity, incomes, or food security. (All Africa News)
International News
Ukrainian forces have attacked the Russian-held eastern town of Balakliia in the Kharkiv region, a senior pro-Moscow separatist official said, as Ukrainian officials remained guarded about how a counter-offensive was faring. (Reuters)
Asian stocks finished mostly lower on Wednesday amidst fresh concerns over economic growth in China as well as the renewed Covid curbs in the region (RTT News)
Tanveer Aziz Kingrani was planning to spend August preparing for his term examinations at the University of Sindh. Instead, the 23-year-old aspiring physicist has been camping out in a tent with 18 family members for the past week after his village was completely submerged in floods. (Aljazeera News)