NSX DAILY UPDATE (06 JULY 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall412,818 35,059,461100.00%
ETFs –   –  0.00%
Total 412,818 35,059,461 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 35,059,461 worth of shares was traded on the NSX on Wednesday with about N$  15,655,212 worth of Anglo-American plc and N$  67,584 worth of Mobile Telecommunications Limited on the home front. No ETFs were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Shares in Anglo-American plc share price slump drastically as global markets sell-off resumes
  • On the local NSX listing, shares belonging to Mobile Telecommunications Limited were yet again traded, however, there was no significant change in share price.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.3013.300.00%
First Rand NamibiaFNB30.5030.500.00%
Standard Bank NamibiaSNO4.254.250.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN3.003.000.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9012.900.00%
Mobile Telecommunication CompanyMOC8.008.000.00%
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 plcANM520.78527.521.29%
B2Gold CorporationB2G56.7354.01-4.79%
Oceana Group LimitedOCG46.5047.201.51%
Mediclinic International PlcMEP87.5087.41-0.10%
TruworthsTRW49.4049.09-0.63%
Nedbank Group LimitedNBK203.50203.630.06%
Standard Bank GroupSNB148.75148.970.15%
Shoprite HoldingsSRH199.00202.001.51%
FirstRand LimitedFST61.2961.620.54%
Momentum Metropolitan HoldingsMMT14.1913.91-1.97%
Old Mutual LtdOMM10.8010.75-0.46%
Sanlam LimitedSLA51.3850.86-1.01%
Santam LimitedSNM248.58246.89-0.68%
Vukile Property Fund LimitedVKN12.4912.923.44%
Investec LimitedIVD81.7184.122.95%
PSG Konsult LimitedKFS11.3211.03-2.56%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD273.98274.790.30%
New Gold Palladium ETFNGNPLD309.78315.771.93%
New Gold Platinum ETF NNGNPLT138.09138.790.51%
New Funds S&P NAM BondNFNAMA16.8116.72-0.54%

Table 4: ETFs


Exchange Rates 
USD/ZAR16.76
EUR/ZAR17.10
GBP/ZAR20.03
EUR/GBP0.85
EUR/USD1.02
GBP/USD1.19
AUD/USD0.68
USD/JPY135.74
Commodities 
Gold1,744.94
Silver19.29
Platinum850.00
Palladium1,908.00
WTI99.16
Brent101.31

Table 5: Exchange Rates and Commodities 


Local News

Namibian small and mid-sized enterprises (SMEs) are increasingly looking to grow their businesses internationally and access new markets to mitigate the effects of a global economic slowdown. (Namibian Sun)

Specific initiatives being investigated between Namibia and Germany include whether NamPower could off-take cheap clean dispatchable electricity from the first green hydrogen project to satisfy domestic needs and possibly in the future even on-sell excess electricity into the Southern African Power Pool (SAPP). (New Era Newspaper)

The Namibia Revenue Agency (Namra) has started paying provisional taxpayers’ refunds again, but no tax was received between 2018 and 2022. (The Namibian)

Sub-Sahara News

Brian Molefe, the former CEO of Eskom, has been directed to pay back just under R10 million, plus interest, to the power utility’s pension fund. (New s24)

The secretary-general of oil producers group OPEC, Mohammad Barkindo, has died, the boss of Nigerian National Petroleum Corp (NNPC) announced on Wednesday. (CNBC Africa)

Former Angolan President José Eduardo dos Santos is in critical condition after being hospitalized in Spain, RFI reports. His daughter Tchizé dos Santos filed a complaint on Tuesday, July 5 with the Catalan regional police for attempted homicide against her father. (All Africa News)

International News

Former Russian President Dmitry Medvedev said attempts by the West to punish a nuclear power such as Russia for the war in Ukraine risked endangering humanity, as the nearly five-month conflict leaves cities in ruins and thousands homeless. (Reuters)

European stocks may open on a tepid note Thursday as hawkish comments from central bank chiefs stoked recession fears. (RTT News)

British Prime Minister Boris Johnson has told MPs he would “keep going” despite a growing list of Conservative ministers and other officials resigning in protest over his handling of the case of a senior official accused of sexual misconduct. (Aljazeera News)

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