NSX DAILY UPDATE (07 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 234,384.00 11,325,139.74100.00%
ETFs –   –  0.00%
Total 234,384.00 11,325,139.74 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 11,325,139.74 worth of shares was traded on the NSX on Wednesday with about N$  1,886,648 worth of Anglo-American plc and N$         24,851 worth of Mobile Telecommunications Limited on the home front. No ETFs were traded on Wednesday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares slumped as markets closed as RMB/BER confidence index declined from 42 index points to 39
  • Shares belonging to Mobile Telecommunications Limited were traded resulting in a decline in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5042.500.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7510.750.00%
First Rand NamibiaFNB30.2030.200.00%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.652.650.00%
Namibia Asset ManagementNAM0.700.68-2.86%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.0013.000.00%
Mobile Telecommunication CompanyMOC7.527.51-0.13%
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 plcANM557.50548.00-1.70%
B2Gold CorporationB2G53.5253.800.52%
Oceana Group LimitedOCG54.0354.290.48%
Mediclinic International PlcMEP98.3598.03-0.33%
TruworthsTRW57.0257.591.00%
Nedbank Group LimitedNBK207.84203.94-1.88%
Standard Bank GroupSNB154.97150.88-2.64%
Shoprite HoldingsSRH217.63225.003.39%
FirstRand LimitedFST65.5363.45-3.17%
Momentum Metropolitan HoldingsMMT16.5516.22-1.99%
Old Mutual LtdOMM10.5110.40-1.05%
Sanlam LimitedSLA54.8253.76-1.93%
Santam LimitedSNM245.30240.17-2.09%
Vukile Property Fund LimitedVKN13.3413.24-0.75%
Investec LimitedIVD81.1176.93-5.15%
PSG Konsult LimitedKFS11.6310.60-8.86%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD275.10276.960.68%
New Gold Palladium ETFNGNPLD336.98338.490.45%
New Gold Platinum ETF NNGNPLT143.05144.591.08%
New Funds S&P NAM BondNFNAMA17.1217.150.18%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.36
EUR/NAD17.29
GBP/NAD19.90
EUR/GBP0.86
EUR/USD0.99
GBP/USD1.15
AUD/USD0.67
USD/JPY143.76
Commodities @ 08:00 
Gold1,727.50
Silver18.42
Platinum850.60
Palladium2,027.50
WTI82.69
Brent88.69

Table 5: Exchange Rates and Commodities 


Local News

The country’s second-largest university is ushering in a new regime, which will see students who do not meet the pass mark receiving compensatory marks to assist them to reach 50%.  (Namibian Sun)

The GIPF CEO David Nuyoma said there is a special need to be on guard to thwart any attempts by those who are tempted to satisfy their greed by dipping their hands in the cookie jar (New Era Newspaper)

The Namibia Investment Promotion and Development Board has launched a market access initiative for young entrepreneurs between the ages of 18 and 35, set to take place in mid-November at Tsumeb. (The Namibian)

Sub-Sahara News

Eskom’s pension fund has said that the power utility’s former CEO, Brian Molefe, has not yet paid back the R10 million he owes it. (News24)

South Africa’s business confidence slipped in the third quarter as sentiment among building contractors deteriorated due to shortages of some materials, load-shedding, and planning delays, a survey showed on Wednesday. (CNBC Africa)

United Nations Population Fund (UNFPA) has disclosed that over 20,000 adolescent girls have been retained in schools and safe places, while over 5,500 women and girls are living with obstetrics fistula in Nigeria. (All Africa News)

International News

Britain’s new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring energy bills, which looks likely to cool inflation but add more than 100 billion pounds ($115 billion) to the country’s borrowing. (Reuters)

China’s manufacturing sector unexpectedly contracted in August as power cuts and temporary factory closures due to the heatwave dampened production and sales, survey results from S&P Global showed on Thursday (RTT News)

The United Nations said there are credible accusations that Russian forces have sent Ukrainian children to Russia for adoption as part of a larger-scale forced relocation and deportation programme. (Aljazeera News)

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