NSX DAILY UPDATE (08 AUGUST 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 75,983.00 5,630,110.97100.00%
ETFs –   –  0.00%
Total 75,983.00 5,630,110.97 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 5,630,110.97 worth of shares was traded on the NSX on Monday with N$4,628,424 worth of Mediclinic International and N$ 59,938 worth of Capricorn Group Limited on the home front. No ETFs were traded on Monday

HEI Equity Research Commentary

From the trading activity that took place:

  •  Mediclinic International’s shares were traded on the JSE resulting in a decline in the share price at closing
  • On the local NSX listing, shares belonging to Capricorn Group Limited were traded with no change in share price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0140.010.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.0111.010.00%
First Rand NamibiaFNB30.0029.76-0.80%
Standard Bank NamibiaSNO4.374.370.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.462.460.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.987.51-5.89%
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 plcANM593.67594.510.14%
B2Gold CorporationB2G57.2358.221.73%
Oceana Group LimitedOCG48.8049.501.43%
Mediclinic International PlcMEP100.4099.69-0.71%
TruworthsTRW51.0052.052.06%
Nedbank Group LimitedNBK218.46217.46-0.46%
Standard Bank GroupSNB166.60167.780.71%
Shoprite HoldingsSRH227.10229.330.98%
FirstRand LimitedFST67.2167.270.09%
Momentum Metropolitan HoldingsMMT15.3715.601.50%
Old Mutual LtdOMM11.4311.510.70%
Sanlam LimitedSLA55.9156.501.06%
Santam LimitedSNM244.55253.403.62%
Vukile Property Fund LimitedVKN14.1714.220.35%
Investec LimitedIVD91.3791.490.13%
PSG Konsult LimitedKFS12.0011.85-1.25%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD278.22276.94-0.46%
New Gold Palladium ETFNGNPLD348.29361.513.80%
New Gold Platinum ETF NNGNPLT151.76150.93-0.55%
New Funds S&P NAM BondNFNAMA17.1617.13-0.17%

Table 4: ETFs


Exchange Rates 
USD/NAD16.60
EUR/NAD16.94
GBP/NAD20.07
EUR/GBP0.84
EUR/USD1.02
GBP/USD1.21
AUD/USD0.69
USD/JPY135.04
Commodities 
Gold1,803.90
Silver20.70
Platinum941.00  
Palladium2,200.02
WTI90.84
Brent96.72

Table 5: Exchange Rates and Commodities 


Local News

Prime Minister Saara Kungongelwa- Amadhila has denied Popular Democratic Movement (PDM) leader McHenry Venaani’s accusation that the government has failed in delivering housing (Namibian Sun)

The Namibia Students Financial Assistance Fund (NSFAF) is in court fighting to have a former employee return more than N$ #500,000 he allegedly transferred to a student(New Era Newspaper)

The Anti-Corruption Commission (ACC) is investigating how an official from the Ministry of Agriculture, Water and Land Reform allegedly privately benefited from an N$8 million drought- relief tender, while he was also involved in the procurement proceeds on the behalf of the government (The Namibian)

Sub-Sahara News

SA’s financial watchdog has ordered that five members of the board of trustees of the Private Security Sector Provident Fund (PSSPF) be removed for improper conduct. (News24)

The United States released a new strategy document for sub-Saharan Africa on Monday, stressing the region’s importance, the threats posed by China and Russia, and vowing to extend defense cooperation with like-minded African countries. (CNBC Africa)

Spelling out the Biden Administration’s new strategy for sub-Saharan Africa on Monday, the United States Secretary of State, Antony J. Blinken, both declared that the U.S. and African nations should be “equal partners” and appealed for support for Ukraine’s defense of its territorial integrity. (All Africa News)

International News

Ukraine reported intense Russian shelling across the frontlines on Tuesday as both sides traded blame for the weekend strike on the Zaporizhzhia nuclear complex which triggered international concern about a potential atomic disaster. (Reuters)

Asian stocks fell on Tuesday as worrying manufacturing data from across the globe raised concerns over a potential recession. (RTT News)

A “large group” of federal agents has entered Donald Trump’s Florida residence in an “unannounced raid”, the former US president said on his social media channel on Monday. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2022
This is the right footer