NSX DAILY UPDATE (01 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 188,096.00 11,223,040.2497.51%
ETFs 1,052.00 286,775.202.49%
Total 189,148.00 11,509,815.44 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 11,223,040.24 worth of shares was traded on the NSX on Thursday, with about N$ 1,318,636 worth of Anglo-American plc and N$     66,516 worth of FirstRand Namibia on the home front. ETFs worth N$ 286,775.20 were traded on Thursday.

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 as the spring sell-off unfolds
  • Shares belonging FirstRand Namibia were traded with a slight increase in share price
  • New Gold Issuer Ltd NM ETF options were sold off during a frenzy of market sell-off sentiment
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0140.00-0.02%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7210.720.00%
First Rand NamibiaFNB30.0230.030.03%
Standard Bank NamibiaSNO4.424.40-0.45%
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 TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM551.55532.57-3.44%
B2Gold CorporationB2G52.8552.59-0.49%
Oceana Group LimitedOCG54.9055.310.75%
Mediclinic International PlcMEP98.8099.030.23%
TruworthsTRW57.2857.740.80%
Nedbank Group LimitedNBK202.80201.79-0.50%
Standard Bank GroupSNB153.23153.530.20%
Shoprite HoldingsSRH232.72233.590.37%
FirstRand LimitedFST64.1763.91-0.41%
Momentum Metropolitan HoldingsMMT16.6516.650.00%
Old Mutual LtdOMM10.1710.442.65%
Sanlam LimitedSLA53.3253.550.43%
Santam LimitedSNM244.00244.190.08%
Vukile Property Fund LimitedVKN13.4913.25-1.78%
Investec LimitedIVD80.5680.680.15%
PSG Konsult LimitedKFS11.4011.00-3.51%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD273.47272.81-0.24%
New Gold Palladium ETFNGNPLD342.87334.57-2.42%
New Gold Platinum ETF NNGNPLT139.98137.91-1.48%
New Funds S&P NAM BondNFNAMA17.1417.11-0.18%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.26
EUR/NAD17.21
GBP/NAD19.94
EUR/GBP0.86
EUR/USD0.99
GBP/USD1.15
AUD/USD0.67
USD/JPY140.71
Commodities @ 08:00 
Gold1,711.85
Silver17.74
Platinum808.35
Palladium2,038.38
WTI88.26
Brent94.19

Table 5: Exchange Rates and Commodities 


Local News

The more a country spends its national income on consumption, the less resources are available for investment and savings, and consequently for future production.  (Namibian Sun)

An amended section of the Communications Act, 2009 gave the Communications Regulatory Authority of Namibia (CRAN) powers to impose any percentage they see fit for regulatory levies on providers of communication services in Namibia. (New Era Newspaper)

The City of Windhoek plans to bring open markets to the city center as it claims the current areas where vendors are trading are degrading the face of the central business district (CBD). (The Namibian)

Sub-Sahara News

Corrupt practices are still deeply entrenched at Eskom, particularly in procurement processes, says CEO André de Ruyter. (News24)

About 80% of the billions of dollars pledged by rich nations for South Africa’s shift away from coal will be loans, not grants, and some may be hard to unlock due to national rules protecting domestic jobs, an official familiar with the matter said. (CNBC Africa)

United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, has stepped down, effective 1 September 2022, after five years of dedicated service to ECA and its Member States. (All Africa News)

International News

United Nations experts who crossed into Russian-held territory in Ukraine to assess the safety of Europe’s biggest nuclear energy plant are seeking on Friday to assess physical damage to the facility, where both sides warn of possible disaster. (Reuters)

Asian stocks followed Wall Street higher on Friday after data showed the U.S. economy didn’t contract by as much as previously thought during the spring. (RTT News)

UN Secretary-General Antonio Guterres hopes China will “take on board the recommendations” made in a report by the organization’s Human Rights Office on the situation in its Xinjiang region, a spokesman said. (Aljazeera News)

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