NSX DAILY UPDATE (01 AUGUST 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 264,499.00 23,144,723.78100.00%
ETFs –   –  0.00%
Total 264,499.00 23,144,723.78 100.00

Table 1: NSX Trades


NSX Activities

A total of N$ 23,144,723.78 worth of shares was traded on the NSX on Monday, with about N$ 2,782,760 worth of Anglo-American plc and N$        286,539 worth of Oryx Properties Limited on the home front. No ETFs were traded on Monday

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American plc share price decreased at closing as market participants dumps shares. Resulting in a 3.6% decline at closing.
  • On the local NSX listing, shares belonging to Oryx Properties Limited were traded with no change in share price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.0111.010.00%
First Rand NamibiaFNB30.0130.010.00%
Standard Bank NamibiaSNO4.344.340.00%
Oryx LimitedORY10.2510.250.00%
LetshegoLHN2.652.45-7.55%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.537.530.00%
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 plcANM599.36577.98-3.57%
B2Gold CorporationB2G56.8658.262.46%
Oceana Group LimitedOCG48.7748.49-0.57%
Mediclinic International PlcMEP97.0098.191.23%
TruworthsTRW51.1950.82-0.72%
Nedbank Group LimitedNBK216.90216.24-0.30%
Standard Bank GroupSNB159.99159.11-0.55%
Shoprite HoldingsSRH224.24223.54-0.31%
FirstRand LimitedFST65.5565.51-0.06%
Momentum Metropolitan HoldingsMMT14.6414.760.82%
Old Mutual LtdOMM11.3411.29-0.44%
Sanlam LimitedSLA54.5154.33-0.33%
Santam LimitedSNM243.62242.98-0.26%
Vukile Property Fund LimitedVKN14.2014.240.28%
Investec LimitedIVD88.7389.530.90%
PSG Konsult LimitedKFS11.8911.81-0.67%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD272.83271.46-0.50%
New Gold Palladium ETFNGNPLD339.20353.064.09%
New Gold Platinum ETF NNGNPLT142.85144.321.03%
New Funds S&P NAM BondNFNAMA17.0416.94-0.59%

Table 4: ETFs


Exchange Rates 
USD/NAD16.53
EUR/NAD16.99
GBP/NAD20.27
EUR/GBP0.83
EUR/USD1.02
GBP/USD1.22
AUD/USD0.70
USD/JPY130.82
Commodities 
Gold1,790.30
Silver20.21
Platinum903.70  
Palladium2,200.02              
WTI93.27
Brent99.21

Table 5: Exchange Rates and Commodities 


Local News

Kavango East and West regional governors backed their regional councils and traditional leaders, and have rejected Cabinet’s plan to outsource green schemes in their regions. (Namibian Sun)

The Gobabis municipality, struggling to provide basic services to residents, is paying six suspended senior managers millions while they sit idle at home, waiting to be charged for over a year.  (New Era Newspaper)

Citizens can still borrow from their pension to build or renovate their houses, even under the yet-to-be-operationalized Financial Institutions and Market Act (FIMA), the Namibia financial institution Supervisory Authority (NAMFISA) has said. (The Namibian)

Sub-Sahara News

Much to the chagrin of at least one union, Finance Minister Enoch Godongwana is set to play a more prominent in the ongoing public service wage negotiations as the government looks to make savings on its biggest spending item. (News24)

OPEC’s new secretary general said that Russia’s membership in OPEC+ is vital for the success of the agreement, Kuwait’s Alrai newspaper reported on Sunday, quoting an exclusive interview with Haitham al-Ghais. (CNBC Africa)

As of August 1, 2022, confirmed cases of Covid-19 from 55 African countries reached  12,081,564 while  353,852,714 vaccinations have been administered across the continent. (All Africa News)

International News

The United States killed al Qaeda leader Ayman al-Zawahiri in a strike in Afghanistan over the weekend, President Joe Biden said on Monday, the biggest blow to the militant group since its founder Osama bin Laden was killed in 2011. (Reuters)

European stocks may open flat to slightly lower on Tuesday after a profit warning from top U.S. retailer Walmart provided further evidence of a consumer spending pullback. (RTT News)

Nuclear threats emanating from the war in Ukraine as well as in Asia and the Middle East have put the world “one miscalculation away from nuclear annihilation”, the United Nations secretary-general said. (Aljazeera News)

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