NSX DAILY UPDATE ( 11 July 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall85,505 6,896,756100.00%
ETFs –   –  0.00%
Total 85,505 6,896,756 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 6,896,756 worth of shares was traded on the NSX on Monday, with about N$   239,075 worth of Shoprite Holdings and N$  166,882 worth of Namibia Breweries on the home front. No ETFs were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Shoprite Holdings’ share price soars as market participants subscribe as consumer staples are prehistorically used to hedge the risk of economic recessions.
  • On the local NSX listing, shares belonging to Namibia Breweries 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%
CapricornCGP12.9912.990.00%
First Rand NamibiaFNB30.5030.49-0.03%
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 plcANM574.80548.11-4.64%
B2Gold CorporationB2G56.9256.55-0.65%
Oceana Group LimitedOCG47.4547.20-0.53%
Mediclinic International PlcMEP94.2395.531.38%
TruworthsTRW50.0149.30-1.42%
Nedbank Group LimitedNBK207.37205.10-1.09%
Standard Bank GroupSNB154.16151.71-1.59%
Shoprite HoldingsSRH207.51209.000.72%
FirstRand LimitedFST63.9362.75-1.85%
Momentum Metropolitan HoldingsMMT14.6614.45-1.43%
Old Mutual LtdOMM11.5711.51-0.52%
Sanlam LimitedSLA53.5653.10-0.86%
Santam LimitedSNM249.37246.18-1.28%
Vukile Property Fund LimitedVKN13.3913.470.60%
Investec LimitedIVD84.5183.87-0.76%
PSG Konsult LimitedKFS11.0211.030.09%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.99276.900.69%
New Gold Palladium ETFNGNPLD347.42360.323.71%
New Gold Platinum ETF NNGNPLT146.25144.37-1.29%
New Funds S&P NAM BondNFNAMA16.7216.720.00%

Table 4: ETFs


Exchange Rates 
USD/ZAR17.13
EUR/ZAR17.17
GBP/ZAR20.32
EUR/GBP0.84
EUR/USD1.01
GBP/USD1.19
AUD/USD0.67
USD/JPY137.38
Commodities 
Gold1,728.10
Silver18.85
Platinum846.10
Palladium2,108.02
WTI102.05
Brent105.22

Table 5: Exchange Rates and Commodities 


Local News

The National Housing Enterprise (NHE) only developed 17,113 houses countrywide from its inception in 1993 to mid-2019. (Namibian Sun)

A six-month renewable rural awareness campaign is currently in full swing and is being conducted by the Renewable Energy Industry Association of Namibia (REIAoN) (New Era Newspaper)

Namibians will now be able to import more second-hand cars that would otherwise be allowed in because of their age, a move that is expected to make imported cars even cheaper as supply increases (The Namibian)

Sub-Sahara News

Labour Minister Thulas Nxesi wants to add as many as 2 million new jobs before the next elections as the nation grapples with one of the highest unemployment rates in the world. (New s24)

South Africa has confirmed the third case of monkeypox, in a 42-year-old male tourist from Switzerland, the health department of the Limpopo province said. (CNBC Africa)

A plane carrying Blaiselanded at 2 p.m. at an airbase in Ouagadougou on 7 July 2022, and was airlifted to an unknown destination. A few hundred of his supporters were at the Ouagadougou airport to see their leader return to the country after almost 8 years in exile. (All Africa News)

International News

Ukraine expects a fresh assault by Russian ground forces, following widespread shelling which killed more than 30 people, as Kyiv’s Western allies brace for a worsening of the global energy crisis if Russia cuts its supply of oil and gas. (Reuters)

Asian stocks advanced on Tuesday after reports emerged that the United States may decide to cut some tariffs on Chinese imports in an effort to tame record-high inflation. (RTT News)

Sri Lankan immigration officials say they have prevented the president’s brother and former Finance Minister Basil Rajapaksa from flying out of the country, as anger rises against the powerful family for a debilitating economic crisis. (Aljazeera News)

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