NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 188,096.00 | 11,223,040.24 | 97.51% |
ETFs | 1,052.00 | 286,775.20 | 2.49% |
Total | 189,148.00 | 11,509,815.44 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 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
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 40.01 | 40.00 | -0.02% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 10.72 | 10.72 | 0.00% |
First Rand Namibia | FNB | 30.02 | 30.03 | 0.03% |
Standard Bank Namibia | SNO | 4.42 | 4.40 | -0.45% |
Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
Letshego | LHN | 2.65 | 2.65 | 0.00% |
Namibia Asset Management | NAM | 0.70 | 0.70 | 0.00% |
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 | 551.55 | 532.57 | -3.44% |
B2Gold Corporation | B2G | 52.85 | 52.59 | -0.49% |
Oceana Group Limited | OCG | 54.90 | 55.31 | 0.75% |
Mediclinic International Plc | MEP | 98.80 | 99.03 | 0.23% |
Truworths | TRW | 57.28 | 57.74 | 0.80% |
Nedbank Group Limited | NBK | 202.80 | 201.79 | -0.50% |
Standard Bank Group | SNB | 153.23 | 153.53 | 0.20% |
Shoprite Holdings | SRH | 232.72 | 233.59 | 0.37% |
FirstRand Limited | FST | 64.17 | 63.91 | -0.41% |
Momentum Metropolitan Holdings | MMT | 16.65 | 16.65 | 0.00% |
Old Mutual Ltd | OMM | 10.17 | 10.44 | 2.65% |
Sanlam Limited | SLA | 53.32 | 53.55 | 0.43% |
Santam Limited | SNM | 244.00 | 244.19 | 0.08% |
Vukile Property Fund Limited | VKN | 13.49 | 13.25 | -1.78% |
Investec Limited | IVD | 80.56 | 80.68 | 0.15% |
PSG Konsult Limited | KFS | 11.40 | 11.00 | -3.51% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 273.47 | 272.81 | -0.24% |
New Gold Palladium ETF | NGNPLD | 342.87 | 334.57 | -2.42% |
New Gold Platinum ETF N | NGNPLT | 139.98 | 137.91 | -1.48% |
New Funds S&P NAM Bond | NFNAMA | 17.14 | 17.11 | -0.18% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 17.26 |
EUR/NAD | 17.21 |
GBP/NAD | 19.94 |
EUR/GBP | 0.86 |
EUR/USD | 0.99 |
GBP/USD | 1.15 |
AUD/USD | 0.67 |
USD/JPY | 140.71 |
Commodities @ 08:00 | |
Gold | 1,711.85 |
Silver | 17.74 |
Platinum | 808.35 |
Palladium | 2,038.38 |
WTI | 88.26 |
Brent | 94.19 |
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)