NSX DAILY UPDATE (08 JULY 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall442,067 19,247,30666.80%
ETFs 60,210 9,565,90133.20%
Total 502,277 28,813,207 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 19,247,306 worth of shares was traded on the NSX on Friday, with about N$  1,270,388 worth of Old Mutual Ltd and N$ 1,247,040 worth of Capricorn Group Limited on the home front. ETFs worth N$ 9,565,901 were traded on Friday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Shares in Old Mutual Ltd’s share price soar in JSE market resulting in a 0.79% of the Fin Index.
  • On the local NSX listing, shares belonging to Capricorn Group Limited were traded, resulting in a decline of 2.3% at closing.
  • New Gold Issuer Ltd NM and New Gold Platinum ETF N were subscribed by market participants.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.010.02%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.3012.99-2.33%
First Rand NamibiaFNB30.5030.500.00%
Standard Bank NamibiaSNO5.005.000.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.352.350.00%
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 plcANM568.60574.801.09%
B2Gold CorporationB2G55.9456.921.75%
Oceana Group LimitedOCG46.5147.452.02%
Mediclinic International PlcMEP94.9094.23-0.71%
TruworthsTRW49.7150.010.60%
Nedbank Group LimitedNBK208.44207.37-0.51%
Standard Bank GroupSNB153.44154.160.47%
Shoprite HoldingsSRH203.87207.511.79%
FirstRand LimitedFST63.4063.930.84%
Momentum Metropolitan HoldingsMMT14.3614.662.09%
Old Mutual LtdOMM11.0811.574.42%
Sanlam LimitedSLA52.1353.562.74%
Santam LimitedSNM248.59249.370.31%
Vukile Property Fund LimitedVKN13.2113.391.36%
Investec LimitedIVD86.5684.51-2.37%
PSG Konsult LimitedKFS11.0511.02-0.27%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD272.84274.990.79%
New Gold Palladium ETFNGNPLD322.65347.427.68%
New Gold Platinum ETF NNGNPLT141.37146.253.45%
New Funds S&P NAM BondNFNAMA16.7416.72-0.12%

Table 4: ETFs


Exchange Rates 
USD/ZAR16.94
EUR/ZAR17.21
GBP/ZAR20.32
EUR/GBP0.84
EUR/USD1.01
GBP/USD1.19
AUD/USD0.68
USD/JPY136.93
Commodities 
Gold1,740.65
Silver19.23
Platinum876.20
Palladium2,099.52
WTI103.80
Brent106.24

Table 5: Exchange Rates and Commodities 


Local News

Formal housing delivery in Namibia is not keeping pace with demand resulting in the rapid growth of informal settlements. (Namibian Sun)

The European Union has officially adopted its multi-annual indicative programme for Namibia from 2021 to 2024. Through this programme, the EU pledges to provide N$627.3 million for that period (New Era Newspaper)

Agribank is inviting tenders for the disposal of the idle Witvlei abattoir and related properties the bank owns in the Omaheke region (The Namibian)

Sub-Sahara News

Due to the loss of five large generation units over the past 36 hours, as well as the delay in returning five units to service, load shedding will increase on Sunday, Eskom announced. (New s24)

Billionaire Elon Musk wants to end his deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company’s chief legal officer Friday. (CNBC Africa)

71 million people in the developing world have fallen into poverty in just three months as a direct consequence of global food and energy price surges. The impact on poverty rates is drastically faster than the shock of the COVID-19 pandemic. (All Africa News)

International News

Rescuers picked through the rubble of an apartment building in eastern Ukraine searching for two dozen people, including a child, feared trapped after a Russian rocket strike on the five-storey building killed 15 people. (Reuters)

Asian stock markets are trading mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday. (RTT News)

There is calm on the streets of Sri Lanka, a day after protesters stormed the president’s residence and set fire to the prime minister’s house, forcing both the leaders to announce their resignations over a worsening economic crisis in the country. (Aljazeera News)

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