NSX DAILY UPDATE (07 JULY 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall167,243 7,794,52285.44%
ETFs 4,860 1,327,92014.56%
Total 172,103 9,122,442 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 7,794,522 worth of shares was traded on the NSX on Thursday, with about N$  2,238,966 worth of Anglo-American plc and N$  29,067 worth of Letshego Holdings (Namibia) Ltdon the home front. ETFs worth N$ 1,327,920 were traded on Thursday

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 Letshego Holdings (Namibia) Ltd were yet again traded, resulting in a 21.7% decline in share price at closing
  • New Gold Issuer Ltd NM was sold off by market participants
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%
LetshegoLHN3.002.35-21.67%
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 plcANM527.52568.607.79%
B2Gold CorporationB2G54.0155.943.57%
Oceana Group LimitedOCG47.2046.51-1.46%
Mediclinic International PlcMEP87.4194.908.57%
TruworthsTRW49.0949.711.26%
Nedbank Group LimitedNBK203.63208.442.36%
Standard Bank GroupSNB148.97153.443.00%
Shoprite HoldingsSRH202.00203.870.93%
FirstRand LimitedFST61.6263.402.89%
Momentum Metropolitan HoldingsMMT13.9114.363.24%
Old Mutual LtdOMM10.7511.083.07%
Sanlam LimitedSLA50.8652.132.50%
Santam LimitedSNM246.89248.590.69%
Vukile Property Fund LimitedVKN12.9213.212.24%
Investec LimitedIVD84.1286.562.90%
PSG Konsult LimitedKFS11.0311.050.18%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.79272.84-0.71%
New Gold Palladium ETFNGNPLD315.77322.652.18%
New Gold Platinum ETF NNGNPLT138.79141.371.86%
New Funds S&P NAM BondNFNAMA16.7216.740.12%

Table 4: ETFs


Exchange Rates 
USD/ZAR16.74
EUR/ZAR17.00
GBP/ZAR20.13
EUR/GBP0.84
EUR/USD1.01
GBP/USD1.20
AUD/USD0.68
USD/JPY135.56
Commodities 
Gold1,739.75
Silver19.09
Platinum861.30
Palladium1,983.00
WTI102.39
Brent104.46

Table 5: Exchange Rates and Commodities 


Local News

Namibia’s import bill faces upward pressure in the short term due to a much higher average oil price in 2022 compared with last year. (Namibian Sun)

The Tour & Safari Association of Namibia (TASA) officially went online today, with its visa application platform (New Era Newspaper)

The emergence of Savanna Beef Namibia which has already raised N$146 million through its 549 producers to start operations, has signaled the start of a vicious battle with the state-owned Meat Corporation of Namibia (Meatco) for control of the Namibian meat market. (The Namibian)

Sub-Sahara News

Public Enterprises Minister Pravin Gordhan had to be whisked away by security guards when an event he was addressing on Thursday evening descended into chaos, with a group who claimed to be students screaming threats and racist comments. (New s24)

Senegalese President Macky Sall said on Thursday there is growing international support for developing gas resources in Africa as part of the continent’s energy transition. (CNBC Africa)

Pharmaceutical companies have pledged to share surveillance data on new antimicrobial medicines such as antibiotics in a new register launched to combat antimicrobial resistance (AMR). Writing for SciDev.Net, Gilbert Nakweya reports that the initiative was launched on June 21, 2022, by Vivli , a non-profit clinical research data-sharing organization. (All Africa News)

International News

Scandal-ridden Boris Johnson announced on Thursday he would quit as British prime minister after he dramatically lost the support of his ministers and most Conservative lawmakers, but said he would stay on until his successor was chosen. (Reuters)

European stocks are likely to open lower on Friday amid worries that inflation-fighting central banks would tip world economies into recession. (RTT News)

Japan’s former Prime Minister Shinzo Abe has been taken to hospital after apparently being shot during a campaign speech in the western city of Nara, according to media reports. (Aljazeera News)

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