NSX Daily Update (03 August 2021)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Locals 108 574 3 205 632 28%
SA Dual Listed 422 343 8 443 440 72%
ETFs
Total 530 917 11 649 072 100%

Table 1: NSX Trades


NSX Activities

A total of N$ 11 649 072 of shares was traded on the NSX on Monday with about N$ 3 951 265 worth of Old Mutual, N$ 356 933 worth of Standard Bank Group and N$ 209 581 worth of Santam Limited. No ETFs were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Analysis of previous published data depicts that the acquisition merger between Old Mutual and Blackrock Inc is still causing the share price to increase as shares are transferred from the acquired company to the acquiring company
  • Press release news about Standard Bank Group’s reduction of its ATM cash withdrawal fees boasts the buying of its shares.
  • Santam’s plummeting market performance forces market participants  to sell off its shares.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 34.00 34.00 0%
Nictus Holdings NHL 1.80 1.80 0%
Capricorn CGP 12.98 12.96 0%
First Rand Namibia FNB 29.99 29.99 0%
Standard Bank Namibia SNO 6.48 6.48 0%
Oryx Limited ORY 11.44 11.44 0%
Letshego LHN 1.75 1.74 -1%
Namibia Asset Management NAM 0.66 0.66 0%
Stimulus SILP 127.90 127.90 0%
Paratus Namibia Holdings Ltd PNH 12.00 12.00 0%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0%

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 653.59 662.59 1.38%
Barloworld Limited BWL 108.08 108.00 -0.07%
Oceana Group Limited OCG 62.52 64.37 2.96%
Mediclinic International Plc MEP 56.63 57.15 0.92%
Truworths TRW 61.80 59.54 -3.66%
Nedbank Group Limited NBK 169.30 168.04 -0.74%
Standard Bank Group SNB 123.55 123.85 0.24%
Shoprite Holdings SRH 160.40 159.39 -0.63%
FirstRand Limited FST 54.17 54.60 0.79%
Momentum Metropolitan Holdings MMT 19.23 19.32 0.47%
Old Mutual Ltd OMM 12.92 12.95 0.23%
Sanlam Limited SLA 57.88 58.12 0.41%
Santam Limited SNM 250.59 247.05 -1.41%
Vukile Property Fund Limited VKN 10.53 10.68 1.42%
Investec Limited IVD 54.67 53.83 -1.54%
PSG Konsult Limited KFS 10.85 10.86 0.09%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 249.80 244.65 -2.06%
New Gold Palladium ETF NGNPLD 373.91 375.54 0.44%
New Gold Platinum ETF N NGNPLT 147.99 147.93 -0.04%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.45
EUR/ZAR 17.16
GBP/ZAR 20.08
EUR/GBP 0.85
EUR/USD 1.18
GBP/USD 1.38
AUD/USD 0.73
USD/JPY 109.27
Commodities  
Gold 1 816
Silver 25.442
Platinum 1 0502
Palladium 2 680.25
WTI 71.58
Brent 73.21

Table 5: Exchange Rates and Commodities


Local News

The National Petroleum Corporation of Namibia (NamCor) has opened two new retail services stations around the country (New Era Newspaper)

The Composite Cargo Index shows a decline in rail, sea, air and road cargo in Namibia. (Namibian Sun)

Millions of dollars invested by private and public entities for the development of various economic and social projects in the Hardap region. (The Namibian)

Sub-Sahara News

In South Africa, Finance minister Tito Mboweni announced that treasury may soon allow South Africans to withdraw a chunk of their pension savings before retirement. (News24)

South Africa’s factory activity tumbles after unrest and Covid-19 measures. (CNBC Africa)

Rwanda raises $620 million in second-ever international bond sale (Financial Times)

International News

In the USA, Treasury decreases Q3 borrowing estimate as part of a plan to help reduce its cash balance. (Reuters)

Dutch company, Heineken reports sales surge but warns of rising commodity costs. (Financial Times)

In Asia, Chinese companies are building high-rise ‘hog hotels’ to prevent outbreaks of swine fever. (Aljazeera News)

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