NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 114,279 | 5,967,041 | 100.00% |
ETFs | – | – | 0.00% |
Total | 114,279 | 5,967,041 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 5,967,041 worth of shares was traded on the NSX on Friday, with about N$ 42,593 worth of Anglo- American, N$ 2,606,556 worth of Shoprite Holdings, and N$ 1,861,283 worth of Namibia Breweries on the home front. No ETFs were traded on Friday.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American shares price decreased at closing following a market meltdown on the JSE
- Shares in Shoprite Holdings slightly reduced by 0.5% as bearish turbulent behavior calms
- On the local NSX front, Namibia Breweries shares were traded in large volumes resulting in a -4.8% decrease in the share price at closing
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 42.00 | 40.00 | -4.76% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.00 | 12.79 | -1.62% |
First Rand Namibia | FNB | 30.50 | 30.50 | 0.00% |
Standard Bank Namibia | SNO | 4.50 | 4.50 | 0.00% |
Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
Letshego | LHN | 3.00 | 2.98 | -0.67% |
Namibia Asset Management | NAM | 0.67 | 0.67 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.19 | 12.19 | 0.00% |
Mobile Telecommunication Company | MOC | 8.00 | 7.99 | -0.12% |
Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 749.39 | 709.00 | -5.39% |
B2Gold Corporation | B2G | 62.93 | 60.91 | -3.21% |
Oceana Group Limited | OCG | 57.37 | 56.20 | -2.04% |
Mediclinic International Plc | MEP | 83.51 | 84.49 | 1.17% |
Truworths | TRW | 53.82 | 53.80 | -0.04% |
Nedbank Group Limited | NBK | 218.31 | 215.76 | -1.17% |
Standard Bank Group | SNB | 158.25 | 155.58 | -1.69% |
Shoprite Holdings | SRH | 210.34 | 209.28 | -0.50% |
FirstRand Limited | FST | 66.92 | 65.63 | -1.93% |
Momentum Metropolitan Holdings | MMT | 14.24 | 14.28 | 0.28% |
Old Mutual Ltd | OMM | 12.39 | 12.01 | -3.07% |
Sanlam Limited | SLA | 59.11 | 57.68 | -2.42% |
Santam Limited | SNM | 270.33 | 270.00 | -0.12% |
Vukile Property Fund Limited | VKN | 14.27 | 14.55 | 1.96% |
Investec Limited | IVD | 92.20 | 91.00 | -1.30% |
PSG Konsult Limited | KFS | 11.80 | 11.70 | -0.85% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 264.37 | 274.24 | 3.73% |
New Gold Palladium ETF | NGNPLD | 286.70 | 286.87 | 0.06% |
New Gold Platinum ETF N | NGNPLT | 144.93 | 147.90 | 2.05% |
New Funds S&P NAM Bond | NFNAMA | 16.95 | 16.86 | -0.53% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 15.96 |
EUR/ZAR | 16.74 |
GBP/ZAR | 19.63 |
EUR/GBP | 0.85 |
EUR/USD | 1.04 |
GBP/USD | 1.25 |
AUD/USD | 0.70 |
USD/JPY | 134.85 |
Commodities | |
Gold | 1 867.15 |
Silver | 21.65 |
Platinum | 957.65 |
Palladium | 1,895.03 |
WTI | 119.08 |
Brent | 120.53 |
Table 5: Exchange Rates and Commodities
Local News
Two presidents have for the past two weeks failed to come clean and explain their roles in the alleged cover-up in the theft of undisclosed American dollars, estimated to be US$4 million. (Namibian Sun)
MTC has pleaded with the government to lift a moratorium on the use of 5G technology, emphasizing that 5G is a prerequisite for the Fourth Industrial Revolution. (New Era Newspaper)
A SWAPO think tank report has recommended that the government should introduce a N$50 monthly levy for everyone who earns more than N$5,000 a month contribution towards the provision of national healthcare (The Namibian)
Sub-Sahara News
The SA National Road Agency (Sanral), which spent less than half of its government grant over the past two years, has put in place procurement processes that the industry says will cause further delays, increase costs, and raise the risk that its projects will go awry. (News24)
The PPP Forum in Congo, Brazzaville is the government’s new approach to woo the private sector through partnerships that can foster development in the Central African Country. (CNBC Africa)
The widespread exploitation of men, women, and children at a refugee camp in Malawi has been uncovered by the United Nations Office of Drugs and Crime (UNODC) and the Malawian Police Service (All Africa News)
International News
Japan’s top government spokesperson on Monday issued a fresh warning to markets that Tokyo was concerned about sharp yen falls and ready to “respond appropriately” if needed. (Reuters)
Asian stocks ended broadly higher on Monday, as investors reacted to reports of a possible U.S. tariff cut on China’s goods, loosening of Covid-19 restrictions in Beijing, and improved Caixin Services PMI data for May from China. (RTT News)
Security concerns raised by Turkey in its opposition to Finland and Sweden joining NATO are legitimate, NATO Secretary-General Jens Stoltenberg said during a visit to Finland (Aljazeera News)