NSX DAILY UPDATE (05 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 405,588.00 13,952,923.37100.00%
ETFs –   –  0.00%
Total 405,588.00 13,952,923.37 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 13,952,923.37 worth of shares was traded on the NSX on Monday with about N$ 1,732,775 worth of Anglo-American plc and N$       783,732 worth of Namibia Breweries on the home front. No ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares continue to be allotted by participants as the markets bounce back.
  • Shares belonging to Namibia Breweries were traded causing the share price to spike by 6.25%
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0042.506.25%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7510.750.00%
First Rand NamibiaFNB30.0330.200.57%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2610.270.10%
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 plcANM548.34550.190.34%
B2Gold CorporationB2G50.8450.840.00%
Oceana Group LimitedOCG54.5154.10-0.75%
Mediclinic International PlcMEP99.1797.86-1.32%
TruworthsTRW59.4057.59-3.05%
Nedbank Group LimitedNBK205.90208.131.08%
Standard Bank GroupSNB155.02156.210.77%
Shoprite HoldingsSRH232.03235.251.39%
FirstRand LimitedFST64.9765.781.25%
Momentum Metropolitan HoldingsMMT16.8616.860.00%
Old Mutual LtdOMM10.7410.69-0.47%
Sanlam LimitedSLA54.1154.330.41%
Santam LimitedSNM239.50238.00-0.63%
Vukile Property Fund LimitedVKN13.3413.420.60%
Investec LimitedIVD81.8281.81-0.01%
PSG Konsult LimitedKFS10.5011.065.33%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD275.55274.79-0.28%
New Gold Palladium ETFNGNPLD336.81335.57-0.37%
New Gold Platinum ETF NNGNPLT140.27141.500.88%
New Funds S&P NAM BondNFNAMA17.2117.240.17%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.12
EUR/NAD17.04
GBP/NAD19.83
EUR/GBP0.86
EUR/USD0.99
GBP/USD1.15
AUD/USD0.67
USD/JPY141.13
Commodities @ 08:00 
Gold1,727.35
Silver18.17
Platinum832.15
Palladium2,052.38
WTI88.80
Brent95.25

Table 5: Exchange Rates and Commodities 


Local News

As of tomorrow, motorists will pay N$ 1.20 less per litre of petrol while the price of diesel will decrease by N$0.65per liter.  (Namibian Sun)

Between 150 and 300 new jobs that would have been created through the Trevali Posh Pinah mine expansion have been deferred on later-dated 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 price of both 93 and 95 unleaded petrol will be lowered by R2.04 a litre on Wednesday, the Department of Mineral Resources and Energy announced on Monday (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)

UNICEF says it is “deeply concerned” after Zimbabwe’s health ministry confirmed that nearly 700 children have died from the latest outbreak of measles. A vaccine campaign is underway but faces resistance from anti-vaccine religious groups. (All Africa News)

International News

The U.N. nuclear watchdog is due to issue a report on the Zaporizhzhia nuclear power station in Ukraine on Tuesday, a day after shelling cut its electricity supplies for the second time in two weeks and raised fears of a catastrophe. (Reuters)

Asian stocks ended broadly higher on Tuesday despite a weak lead from Wall Street overnight (RTT News)

Singapore’s LGBTQ community worries a government move to “safeguard” the institution of marriage could perpetuate discrimination in the conservative city-state, even as a colonial-era law criminalizing sex between men is finally repealed. (Aljazeera News)

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