NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 2 803 | 59 775 | 0% |
SA Dual Listed | 159 498 | 10 167 784 | 45% |
ETFs | 85 318 | 12 340 992 | 55% |
Total | 247 619 | 22 568 551 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 22 568 551 worth of shares was traded on the NSX on Wednesday with about N$ 1 283 083 worth of Sanlam Limited, N$ 1 591 970 worth of Firstrand Limited and N$ 1 174 086 worth of Standard Bank Group. ETFs worth N$ 12 340 992 were traded, with N$ 12 300 421 worth of New Gold Platinum ETF N and N$ 40 570 worth of New Gold Issuer Ltd NM.
HEI Equity Research Commentary
From the trading activity that took place:
- An anonymous sell-off transaction of Sanlam Limited shares caused the share price to drop, in spite of good market performance.
- Three Firstrand Limited’s press release statement caused a negative selling trend in its shares.
- The delisting of financial instrument announcement encouraged more buying of Standard Bank Group’s shares.
- New Gold Platinum ETF N was sold off as performance of ETFs plunge while New Gold Issuer Ltd NM was bought privately.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 34.02 | 34.02 | 0% |
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 | 6.47 | 6.47 | 0% |
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 | 684.48 | 677.16 | 1.08% |
Barloworld Limited | BWL | 106.75 | 107.00 | 0.23% |
Oceana Group Limited | OCG | 65.10 | 64.15 | -1.46% |
Mediclinic International Plc | MEP | 57.00 | 56.30 | -1.23% |
Truworths | TRW | 60.08 | 59.00 | -1.80% |
Nedbank Group Limited | NBK | 171.66 | 172.32 | 0.38% |
Standard Bank Group | SNB | 126.24 | 126.43 | 0.15% |
Shoprite Holdings | SRH | 163.20 | 161.48 | 1.05% |
FirstRand Limited | FST | 55.46 | 55.00 | -0.83% |
Momentum Metropolitan Holdings | MMT | 19.40 | 19.24 | -0.82% |
Old Mutual Ltd | OMM | 13.09 | 12.90 | -1.45% |
Sanlam Limited | SLA | 58.86 | 58.55 | -0.53% |
Santam Limited | SNM | 252.54 | 255.09 | 1.01% |
Vukile Property Fund Limited | VKN | 10.88 | 11.30 | 3.86% |
Investec Limited | IVD | 55.18 | 54.82 | -0.65% |
PSG Konsult Limited | KFS | 11.05 | 10.88 | -1.54% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 243.34 | 243.49 | 0.06% |
New Gold Palladium ETF | NGNPLD | 369.25 | 370.61 | 0.37% |
New Gold Platinum ETF N | NGNPLT | 145.23 | 144.81 | -0.29% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.38 |
EUR/ZAR | 17.02 |
GBP/ZAR | 19.97 |
EUR/GBP | 0.85 |
EUR/USD | 1.18 |
GBP/USD | 1.38 |
AUD/USD | 0.73 |
USD/JPY | 109.48 |
Commodities | |
Gold | 1 814.30 |
Silver | 25.42 |
Platinum | 1 020.40 |
Palladium | 2 649.00 |
WTI | 68.03 |
Brent | 70.22 |
Table 5: Exchange Rates and Commodities
Local News
President Hage Geingob officially launched requests for proposals (REP) for the development of green hydrogen and green ammonia projects in the //Kharas region. (New Era Newspaper)
Public enterprise minister states that the government will not be using MTC’s Initial Public Offering (IPO) as an opportunity for high connected individuals. (Namibian Sun)
The municipality of Okahandja has approved a council resolution to establish a factory making bricks and interlocks at the town. (The Namibian)
Sub-Sahara News
In South Africa, Nedbank is expecting its interim earnings to rocket on the six months to end June. (News24)
As of August 4, confirmed cases of Covid-19 from 55 African countries reached 6 810 542 while over 48 388 948 vaccinations have been administered across the continent. (AllAfrica News)
Tanzania Railways Corporation announced it will receive the first batch of electric trains from Korea by November (CNBC Africa)
International News
In the USA, the developing plan will require foreign visitors to be vaccinated, official says. (Reuters)
In Europe, solar is set to be the dominant source of new power generation by 2025. (PVTech News)
In Asia, efforts to stimulate green energy in the Chinese economy since last year have failed to achieve its targets. (Aljazeera News)