NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 33 068 | 377 289 | 5% |
SA Dual Listed | 226 521 | 7 940 819 | 95% |
ETFs | – | – | – |
Total | 259 589 | 8 318 108 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 8 318 108 worth of shares was traded on the NSX on Tuesday with about N$ 2 675 681 worth of Momentum Metropolitan Holdings, N$ 2 070 630 worth of Standard Bank Group and N$ 1 127 711 worth of Investec Limited. No ETFs were traded on Tuesday.
HEI Equity Research Commentary
From the trading activity that took place:
- The mysterious buying of Momentum Metropolitan shares erupts, causing the share price to soar.
- The removal of ATMs cash withdrawal fees continues to create a buying trend of Standard Bank Group’s shares.
- Investec’s capital disclosure report that was previously published encourages more investors to continue buying its shares.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 34.00 | 34.02 | 0.1% |
Nictus Holdings | NHL | 1.80 | 1.80 | 0% |
Capricorn | CGP | 12.96 | 12.96 | 0% |
First Rand Namibia | FNB | 29.99 | 29.99 | 0% |
Standard Bank Namibia | SNO | 6.48 | 6.47 | -0.2% |
Oryx Limited | ORY | 11.44 | 11.44 | 0% |
Letshego | LHN | 1.74 | 1.74 | 0% |
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 | 662.59 | 677.16 | 2.20% |
Barloworld Limited | BWL | 108.00 | 106.75 | -1.16% |
Oceana Group Limited | OCG | 64.37 | 64.10 | -0.42% |
Mediclinic International Plc | MEP | 57.15 | 57.00 | -0.26% |
Truworths | TRW | 59.54 | 60.08 | 0.91% |
Nedbank Group Limited | NBK | 168.04 | 171.66 | 2.15% |
Standard Bank Group | SNB | 123.85 | 126.24 | 1.93% |
Shoprite Holdings | SRH | 159.39 | 163.20 | 2.39% |
FirstRand Limited | FST | 54.60 | 55.46 | 1.58% |
Momentum Metropolitan Holdings | MMT | 19.32 | 19.40 | 0.41% |
Old Mutual Ltd | OMM | 12.95 | 13.09 | 1.08% |
Sanlam Limited | SLA | 58.12 | 58.86 | 1.27% |
Santam Limited | SNM | 247.05 | 252.54 | 2.22% |
Vukile Property Fund Limited | VKN | 10.63 | 10.88 | 1.87% |
Investec Limited | IVD | 53.83 | 55.18 | 2.51% |
PSG Konsult Limited | KFS | 10.86 | 11.05 | 1.75% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 244.65 | 243.34 | -0.54% |
New Gold Palladium ETF | NGNPLD | 375.54 | 369.25 | -1.67% |
New Gold Platinum ETF N | NGNPLT | 147.93 | 145.23 | -1.83% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.32 |
EUR/ZAR | 16.99 |
GBP/ZAR | 19.92 |
EUR/GBP | 0.85 |
EUR/USD | 1.18 |
GBP/USD | 1.39 |
AUD/USD | 0.73 |
USD/JPY | 109.02 |
Commodities | |
Gold | 1 813.45 |
Silver | 25.60 |
Platinum | 1 045.40 |
Palladium | 2 644.25 |
WTI | 70.33 |
Brent | 72.31 |
Table 5: Exchange Rates and Commodities
Local News
More electricity was imported in June, resulting to lower local produced electricity. (New Era Newspaper)
MTC Namibia questions on the basis of the license granting awarded to MTN South Africa (Namibian Sun)
The Harambee II achieved 94% of its target in the first quarter of 2021. (The Namibian)
Sub-Sahara News
In South Africa, The Foschini Group (TFG) is unsure of the looting impact as it works overtime to reopen damaged stores. (News24)
Covid-19 Vaccination drive gains momentum in South Africa as President Ramaphosa further instruct people to get vaccinated. (AllAfrica News)
Kenya’s banking industry sees strong growth in 2020 than in 2021, a report states.(CNBC Africa)
International News
In the USA, the demand for household debt climbed in Q2, New York Fed report shows. (Reuters)
European stock market closed off ‘mixed’ on Tuesday as upbeat dividend earnings results warred with concerns about spiking Covid-19 cases in Asia (RTT News)
In Asia, Financial firms are devising plans to speed up the closure for Asia’s coal-fired power plants in order to reduce the biggest source of carbon emissions. (Aljazeera News)