NSX DAILY UPDATE (12 AUGUST 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 31,440.00 9,926,567.30100.00%
ETFs –   –  0.00%
Total 31,440.00 9,926,567.30 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$  9,926,567.30 worth of shares was traded on the NSX on Friday, with N$  8,745,450 worth of Anglo-American plc and N$   200,001 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 were traded on the dual listed resulting in a decline in share price at closing
  • 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 BreweriesNBS40.0240.00-0.05%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.5010.500.00%
First Rand NamibiaFNB29.7629.760.00%
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 LtdPNH12.9913.000.08%
Mobile Telecommunication CompanyMOC7.527.520.00%
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 plcANM603.82579.20-4.08%
B2Gold CorporationB2G57.4656.26-2.09%
Oceana Group LimitedOCG52.7553.551.52%
Mediclinic International PlcMEP98.1197.57-0.55%
TruworthsTRW55.3455.991.17%
Nedbank Group LimitedNBK218.41217.85-0.26%
Standard Bank GroupSNB169.69169.690.00%
Shoprite HoldingsSRH241.00244.911.62%
FirstRand LimitedFST68.3268.320.00%
Momentum Metropolitan HoldingsMMT16.1216.452.05%
Old Mutual LtdOMM11.8711.76-0.93%
Sanlam LimitedSLA58.0858.290.36%
Santam LimitedSNM252.02252.020.00%
Vukile Property Fund LimitedVKN14.4614.460.00%
Investec LimitedIVD89.6491.031.55%
PSG Konsult LimitedKFS12.0512.453.32%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD271.40271.630.08%
New Gold Palladium ETFNGNPLD358.30353.64-1.30%
New Gold Platinum ETF NNGNPLT150.86149.37-0.99%
New Funds S&P NAM BondNFNAMA17.3617.400.23%

Table 4: ETFs


Exchange Rates 
USD/NAD16.24
EUR/NAD16.63
GBP/NAD19.67
EUR/GBP0.84
EUR/USD1.02
GBP/USD1.21
AUD/USD0.70
USD/JPY133.25
Commodities 
Gold1,807.85
Silver20.57
Platinum952.00
Palladium2,206.02
WTI91.09
Brent97.06

Table 5: Exchange Rates and Commodities 


Local News

Swapo’s performance in the recently held Swakopmund by-elections is an indication that the party is losing its grip in the coastal areas. (Namibian Sun)

Bargaining union Namibia Transport and Allied Workers Union (Natau) says the results of a TransNamib workers’ nationwide strike vote will be released today (New Era Newspaper)

The Ministry of Industrialization, Trade, and SME Development have embarked on a campaign to promote the production and sale of charcoal, as part of implementing its Growth at Home Strategy. (The Namibian)

Sub-Sahara News

The Police Prisons and Civil Rights Union (Popcru) will march to the Union Buildings in September in protest against the government’s 2% wage offer at the public service wage talks (News24)

The U.K. economy contracted in the second quarter of 2022, as the country’s cost-of-living crisis hit home. (CNBC Africa)

Egypt’s health ministry says that 41 people were killed when a fire broke out in a Coptic church in the densely populated Cairo suburb of Imbaba. Witnesses say the fire started following a short circuit in an air conditioning unit. (All Africa News)

International News

Ukrainian forces reported heavy Russian shelling and attempts to advance on several towns in the eastern region of Donetsk that have become a key focus of the near six-month war, but said they had repelled many of the attacks. (Reuters)

Asian stocks ended mixed on Monday a stronger-than-expected U.S. jobs report rekindled concerns over aggressive rate hikes by the Federal Reserve and Chinese imports data disappointed, highlighting weak domestic demand. U.S.-China tensions over Taiwan (RTT News)

China’s economy slowed in July as Beijing’s ultra-strict “zero COVID” policies dragged down key metrics ranging from retail sales to industrial output. (Aljazeera News)

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