NSX DAILY UPDATE (02 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,388,107.00 6,809,192.7088.55%
ETFs 3,204.00 880,635.6411.45%
Total 1,391,311.00 7,689,828.34 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$  6,809,192.70 worth of shares was traded on the NSX on Friday, with about N$  575,209  worth of Anglo-American plc and N$      3,608,232 worth of Letshego Holdings Ltdon the home front. ETFs worth N$ 880,635.64 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were allotted by participants as the market bounced back on Friday at the backdrop of the US Labor Data
  • Shares belonging FirstRand Namibia were traded with a slight increase in share price
  • New Gold Issuer Ltd NM ETF options were subscribed as market upward trajectory performance on Friday
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7510.750.00%
First Rand NamibiaFNB30.0330.030.00%
Standard Bank NamibiaSNO4.404.400.00%
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 plcANM532.57548.342.96%
B2Gold CorporationB2G52.5950.84-3.33%
Oceana Group LimitedOCG55.3154.51-1.45%
Mediclinic International PlcMEP99.0399.170.14%
TruworthsTRW57.7459.402.87%
Nedbank Group LimitedNBK201.79205.902.04%
Standard Bank GroupSNB153.53155.020.97%
Shoprite HoldingsSRH233.59232.03-0.67%
FirstRand LimitedFST63.9164.971.66%
Momentum Metropolitan HoldingsMMT16.6516.861.26%
Old Mutual LtdOMM10.4410.742.87%
Sanlam LimitedSLA53.5554.111.05%
Santam LimitedSNM244.19239.50-1.92%
Vukile Property Fund LimitedVKN13.2513.340.68%
Investec LimitedIVD80.6881.821.41%
PSG Konsult LimitedKFS11.0010.50-4.55%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD272.81275.551.00%
New Gold Palladium ETFNGNPLD334.57336.810.67%
New Gold Platinum ETF NNGNPLT137.91140.271.71%
New Funds S&P NAM BondNFNAMA17.1117.210.58%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.26
EUR/NAD17.22
GBP/NAD19.94
EUR/GBP0.86
EUR/USD0.99
GBP/USD1.15
AUD/USD0.67
USD/JPY140.41
Commodities @ 08:00 
Gold1,715.40
Silver17.80
Platinum820.70
Palladium2,032.53
WTI88.60
Brent95.08

Table 5: Exchange Rates and Commodities 


Local News

Workers at the Ndonga Linena government irrigation project have blamed the government for their unproductive four years.  (Namibian Sun)

Sixty people suspected to be victims of trafficking in persons were recently found working on two Namibian-registered vessels. (New Era Newspaper)

Namibia is expected to finalize a policy on green hydrogen in November to coincide with the 2022 United Nations Climate Change Conference (Cop27). (The Namibian)

Sub-Sahara News

The energy crisis in Europe is not because of failing renewables but rather because of a shortage of supply of Russian gas, says Minister of Forestry, Fisheries and Environment Barbara Creecy.. (News24)

South African petrochemical firm Sasol SOLJ.J on Friday said it was partnering with Japan’s Itochu Corp 8001.T to explore the development of green hydrogen and green ammonia projects for shipping fuel and power generation. (CNBC Africa)

William Ruto, who was declared winner of Kenya’s presidential election in August, says he will respect the Supreme Court’s decision expected Monday confirming or invalidating the results of the vote, disputed by his rival Raila Odinga. (All Africa News)

International News

Typhoon Hinnamnor neared South Korea on Monday, forcing flight cancellations, suspensions of some business operations, and closures of schools, as the country raised its typhoon-alert level to its highest. (Reuters)

Asian stocks tumbled on Monday, as U.S. Treasury yields rose and the dollar index traded at its highest level in over 20 years after the head of the U.S. Federal Reserve indicated high-interest rates will continue for some time to curb inflation. (RTT News)

Noeleen Heyzer, the United Nations special envoy on Myanmar, has said she is “very concerned” about the health of Myanmar’s deposed leader Aung San Suu Kyi who has been in detention since the military removed her from office in a coup in February 2021, and that she will not visit the country again unless she can see her. (Aljazeera News)

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