NSX DAILY UPDATE (12 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 101,934.00 8,113,349.15100.00%
ETFs –   –  0.00%
Total 101,934.00 8,113,349.15 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 8,113,349.15 worth of shares was traded on the NSX on Monday with about N$ 2,717,899 worth of Anglo-American plc and N$  46,710 worth of Letshego Holdings Ltd on the home front. No ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American plc shares increased in share price as the market index soared as investors expect the US Inflation to ease for August.
  • Shares belonging to Letshego Holdings Ltd were traded with no change in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.4942.490.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP12.0012.000.00%
First Rand NamibiaFNB30.2130.210.00%
Standard Bank NamibiaSNO4.414.706.58%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.662.660.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.507.500.00%
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 plcANM588.23601.502.26%
B2Gold CorporationB2G59.8959.88-0.02%
Oceana Group LimitedOCG54.1454.240.18%
Mediclinic International PlcMEP98.5598.54-0.01%
TruworthsTRW59.4658.34-1.88%
Nedbank Group LimitedNBK212.00213.710.81%
Standard Bank GroupSNB155.61156.730.72%
Shoprite HoldingsSRH224.40231.743.27%
FirstRand LimitedFST65.2066.391.83%
Momentum Metropolitan HoldingsMMT16.8317.302.79%
Old Mutual LtdOMM10.7011.073.46%
Sanlam LimitedSLA55.0556.963.47%
Santam LimitedSNM244.01247.011.23%
Vukile Property Fund LimitedVKN13.2213.381.21%
Investec LimitedIVD79.5481.652.65%
PSG Konsult LimitedKFS10.6010.761.51%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD276.40275.90-0.18%
New Gold Palladium ETFNGNPLD362.50369.772.01%
New Gold Platinum ETF NNGNPLT147.80148.580.53%
New Funds S&P NAM BondNFNAMA17.2817.380.58%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.11
EUR/NAD17.34
GBP/NAD20.00
EUR/GBP0.86
EUR/USD1.01
GBP/USD1.16
AUD/USD0.68
USD/JPY142.39
Commodities @ 08:00 
Gold1,737.25
Silver19.67
Platinum896.85
Palladium2,251.27
WTI88.69
Brent94.76

Table 5: Exchange Rates and Commodities 


Local News

The Namibian Competition Commission (NaCC) has conditionally approved the acquisition of Namibia Breweries Investment Holdings (Pty) Ltd and Distell Group Holdings Limited by Heineken International BV.  (Namibian Sun)

HDF Energy is developing the Renewable Swakopmund, a green hydrogen power plant in Swakopmund, Erongo Region. (New Era Newspaper)

About 20,000 children in Namibia aged 12 to 17 have experienced online sexual exploitation and abuse in the last year (The Namibian)

Sub-Sahara News

According to the GDP data for the second quarter of 2022, published last week by Statistics South Africa (Stats SA), the economy took a hit of 0.7%, compared to the first quarter of the year. (News24)

South African government plans to end recurring power cuts could take at least a year to deliver results, a top executive at struggling utility Eskom said on Monday. (CNBC Africa)

Food and non-alcoholic beverages prices in urban areas increased by 29.2 percent during the month of August compared to the same period last year according to the Consumer Price Index that was released, during the weekend, by the National Institute of Statistics of Rwanda. (All Africa News)

International News

Queen Elizabeth’s coffin will be flown to London on Tuesday at the end of 24 hours of lying at rest in Edinburgh’s historic cathedral, where her son King Charles and his three siblings held a silent vigil. (Reuters)

Asian stocks gave up early gains to end mixed on Tuesday amid Europe’s worsening energy crisis and ahead of a European Central Bank meeting this week. (RTT News)

Ukrainian forces outnumbered Russian troops by eight times during the rapid Ukrainian counteroffensive in the northeastern Kharkiv region, a Russian-installed official said. (Aljazeera News)

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