NSX DAILY UPDATE (08 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 550,859.00 9,705,444.80100.00%
ETFs –   –  0.00%
Total 550,859.00 9,705,444.80 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 9,705,444.80 worth of shares was traded on the NSX on Thursday with about N$   922,621 worth of Anglo-American plc and N$          156,094 worth of Oryx Properties Limited on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares increase at closing as indexes performed well aimed the ECB hawkish interest rates
  • Shares belonging to Oryx Properties Limited were traded with no change in share price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5042.500.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7512.0011.63%
First Rand NamibiaFNB30.2030.210.03%
Standard Bank NamibiaSNO4.404.410.23%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.652.660.38%
Namibia Asset ManagementNAM0.700.68-2.86%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.0012.99-0.08%
Mobile Telecommunication CompanyMOC7.527.50-0.27%
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 plcANM548.00554.851.25%
B2Gold CorporationB2G53.8057.556.97%
Oceana Group LimitedOCG54.2953.50-1.46%
Mediclinic International PlcMEP98.0399.121.11%
TruworthsTRW57.5959.062.55%
Nedbank Group LimitedNBK203.94207.761.87%
Standard Bank GroupSNB150.88151.560.45%
Shoprite HoldingsSRH225.00225.610.27%
FirstRand LimitedFST63.4563.560.17%
Momentum Metropolitan HoldingsMMT16.2216.642.59%
Old Mutual LtdOMM10.4010.672.60%
Sanlam LimitedSLA53.7654.661.67%
Santam LimitedSNM240.17241.800.68%
Vukile Property Fund LimitedVKN13.2413.10-1.06%
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 NMNGNGLD276.96278.210.45%
New Gold Palladium ETFNGNPLD338.49362.457.08%
New Gold Platinum ETF NNGNPLT144.59147.612.09%
New Funds S&P NAM BondNFNAMA17.1517.270.70%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.40
EUR/NAD17.52
GBP/NAD20.16
EUR/GBP0.86
EUR/USD0.99
GBP/USD1.15
AUD/USD0.68
USD/JPY142.95
Commodities @ 08:00 
Gold1,729.25
Silver18.70
Platinum850.60
Palladium2,106.77
WTI83.72
Brent89.49

Table 5: Exchange Rates and Commodities 


Local News

The well-known Okapuka Game Ranch, situated just outside Windhoek on the road to Okahandja, recently entered into an exciting joint venture with Gondwana Collection Namibia (Namibian Sun)

The Agricultural Bank of Namibia has encouraged farmers to prepare for a better rainfall season, and at the same time urged them to continue building adaptive capacity to climate change through various strategies. (New Era Newspaper)

The Bank of Namibia this week borrowed N$1.7 billion on the behalf of the state through bonds and treasury bills. (The Namibian)

Sub-Sahara News

Mineral Resources and Energy Minister Gwede Mantashe said it would cost the government R49 billion to rehabilitate all 6 100 of the derelict mines in its database, but that the Department of Mineral Resources only has a budget of R140 million for this purpose. (News24)

The European Central Bank on Thursday announced a 75-basis point interest rate rise, taking its benchmark deposit rate to 0.75%. (CNBC Africa)

Climate catastrophe, war, and political turmoil took a back seat on Thursday night to the news that the ailing Queen Elizabeth II, Britain’s longest-ever reigning monarch, had died. (All Africa News)

International News

The crowning achievement of Britain’s Queen Elizabeth, who died on Thursday after 70 years on the throne, was to maintain the popularity of the monarchy across decades of seismic political, social and cultural change that threatened to make it an anachronism. (Reuters)

European stocks rebounded on Friday despite mounting concerns over Europe’s energy crisis and slowing growth momentum in the global economy. Traders remained focused on a key U.S. monthly jobs report (RTT News)

China is facing a steeper climb to overtake the United States and its allies in semiconductors as Washington ramps up measures to restrict Beijing’s ability to produce advanced chips and secure dominance over the strategic technology. (Aljazeera News)

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