NSX Daily Report (06 September 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 686,848.00 67,071,442.9099.89%
ETFs 349.00 75,026.280.11%
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
https://www.aljazeera.com/
NameNSX Local Ticker Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5042.500.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7510.750.00%
First Rand NamibiaFNB30.2030.200.00%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.652.650.00%
Namibia Asset ManagementNAM0.700.68-2.86%
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

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NameSouth African Dual Listed Ticker Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM550.19557.501.33%
B2Gold CorporationB2G50.8453.525.27%
Oceana Group LimitedOCG54.1054.03-0.13%
Mediclinic International PlcMEP97.8698.350.50%
TruworthsTRW57.5957.02-0.99%
Nedbank Group LimitedNBK208.13207.84-0.14%
Standard Bank GroupSNB156.21154.97-0.79%
Shoprite HoldingsSRH235.25217.63-7.49%
FirstRand LimitedFST65.7865.53-0.38%
Momentum Metropolitan HoldingsMMT16.8616.55-1.84%
Old Mutual LtdOMM10.6910.51-1.68%
Sanlam LimitedSLA54.3354.820.90%
Santam LimitedSNM238.00245.303.07%
Vukile Property Fund LimitedVKN13.4213.34-0.60%
Investec LimitedIVD81.8181.11-0.86%
PSG Konsult LimitedKFS11.0611.635.15%

Table 3: Dual Listed Trades

Name ETFs Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.79275.100.11%
New Gold Palladium ETFNGNPLD335.57336.980.42%
New Gold Platinum ETF NNGNPLT141.50143.051.10%
New Funds S&P NAM BondNFNAMA17.2417.12-0.70%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD17.36
EUR/NAD17.17
GBP/NAD19.92
EUR/GBP0.86
EUR/USD0.98
GBP/USD1.15
AUD/USD0.67
USD/JPY144.18
Commodities @ 08:00 
Gold1,706.00
Silver17.86
Platinum831.60
Palladium1,975.03
WTI85.25
Brent91.35

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)

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