NSX DAILY UPDATE (04 AUGUST 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 839,618.00 35,841,677.7699.59%
ETFs 1,023.00 146,810.730.41%
Total 840,641.00 35,988,488.49 100.00

Table 1: NSX Trades


NSX Activities

A total of N$ 35,841,677.76 worth of shares was traded on the NSX on Thursday, with about N$ 2,469,977 worth of Anglo-American plc and N$           546,686 worth of Mobile Telecommunications on the home front. ETFs worth N$ 146,810.73 were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American plc share price increased significantly as index yield closed in greens on the JSE
  • On the local NSX listing, shares belonging to Mobile Telecommunications exchanged hands on the local bourse resulting in a slight decrease at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.010.02%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.0111.010.00%
First Rand NamibiaFNB30.0130.00-0.03%
Standard Bank NamibiaSNO4.344.370.69%
Oryx LimitedORY10.2510.260.10%
LetshegoLHN2.452.460.41%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.997.98-0.13%
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 plcANM569.03576.751.36%
B2Gold CorporationB2G57.1657.580.73%
Oceana Group LimitedOCG45.7047.403.72%
Mediclinic International PlcMEP98.65100.431.80%
TruworthsTRW50.2750.760.97%
Nedbank Group LimitedNBK218.15212.97-2.37%
Standard Bank GroupSNB159.47162.892.14%
Shoprite HoldingsSRH222.06220.85-0.54%
FirstRand LimitedFST66.4066.18-0.33%
Momentum Metropolitan HoldingsMMT15.1115.07-0.26%
Old Mutual LtdOMM11.2711.14-1.15%
Sanlam LimitedSLA54.5954.700.20%
Santam LimitedSNM241.83243.730.79%
Vukile Property Fund LimitedVKN14.2314.13-0.70%
Investec LimitedIVD89.6489.08-0.62%
PSG Konsult LimitedKFS11.7011.750.43%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD277.01278.530.55%
New Gold Palladium ETFNGNPLD328.54338.633.07%
New Gold Platinum ETF NNGNPLT145.04150.203.56%
New Funds S&P NAM BondNFNAMA17.0117.140.76%

Table 4: ETFs


Exchange Rates 
USD/NAD16.61
EUR/NAD17.00
GBP/NAD20.17
EUR/GBP0.84
EUR/USD1.02
GBP/USD1.21
AUD/USD0.69
USD/JPY133.16
Commodities 
Gold1,808.45
Silver20.242
Platinum930.70  
Palladium2,081.02              
WTI88.80
Brent94.25

Table 5: Exchange Rates and Commodities 


Local News

Liquidators David Bruni and Ian McLaren have asked the Windhoek High Court to relieve them of their duties as curators bonis of assets owned by the Fishrot accused, claiming they do not have adequate capacity to execute their mandate (Namibian Sun)

The government increased its offer from the initial N$334 million to over N$924 million, meaning a 3% basic salary across the board, housing allowance for civil servants, below management by 11%, and transport allowance by 14% (New Era Newspaper)

Local econ0omists say big oil companies are taking advantage of the Russia-Ukaraine crisis earning about N$854.3 billion in the recent quarter (The Namibian)

Sub-Sahara News

US investors with more than $1 trillion (nearly R17 trillion) of assets under management are in South Africa to look for investment opportunities (News24)

The Bank of England on Thursday hiked interest rates by 50 basis points, its largest single increase since 1995, and projected the U.K.’s longest recession since the global financial crisis (CNBC Africa)

Rwanda has termed the allegedly leaked United Nations Group of Experts (UNGoE) report accusing the country of supporting the DR Congo rebel group, M23, as a tactical distraction from the real issues. (All Africa News)

International News

Three ships carrying a total of 58,041 tonnes of corn have been authorized to leave Ukrainian ports on Friday as part of a deal to unblock grain exports, as a Russian offensive forced Ukraine to cede territory in the east. (Reuters)

European stock markets are expected to open on a positive note on Friday amidst data that showed the U.S. economy contracting by 0.90 percent in the second quarter, which triggered both fears of a recession as well as hopes of a slowdown in the Fed’s rate hiking spree. (RTT News)

On August 9, 22.1 million registered Kenyans will go to the polls to elect the country’s fifth president and successor to the incumbent Uhuru Kenyatta.. (Aljazeera News)

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