NSX DAILY UPDATE (13 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 407,213.00 28,892,283.6199.74%
ETFs 343.00 75,029.960.26%
Total 407,556.00 28,967,313.56 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 28,892,283.61 worth of shares was traded on the NSX on Tuesday with about N$ 1,889,066 worth of Anglo-American plc and N$  18,220  worth of Capricorn Group on the home front. ETFs worth N$ 75,029.96 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American plc decreased at closing as the local market closed in negative territory, mirroring its European counterparts amid the impact of the US inflation data
  • Shares belonging to Capricorn Group were traded ending in a decline at closing of -10.8%
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.4942.490.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP12.0010.70-10.83%
First Rand NamibiaFNB30.2130.210.00%
Standard Bank NamibiaSNO4.704.700.00%
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 CompanyMOC7.007.000.00%
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 plcANM601.50583.60-2.98%
B2Gold CorporationB2G59.8860.821.57%
Oceana Group LimitedOCG54.2453.15-2.01%
Mediclinic International PlcMEP98.5499.030.50%
TruworthsTRW58.3457.62-1.23%
Nedbank Group LimitedNBK213.71211.00-1.27%
Standard Bank GroupSNB156.73153.65-1.97%
Shoprite HoldingsSRH231.74228.96-1.20%
FirstRand LimitedFST66.3964.54-2.79%
Momentum Metropolitan HoldingsMMT17.3016.92-2.20%
Old Mutual LtdOMM11.0710.63-3.97%
Sanlam LimitedSLA56.9655.14-3.20%
Santam LimitedSNM247.01247.000.00%
Vukile Property Fund LimitedVKN13.3813.11-2.02%
Investec LimitedIVD81.6578.24-4.18%
PSG Konsult LimitedKFS10.7610.951.77%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD275.90276.380.17%
New Gold Palladium ETFNGNPLD369.77363.41-1.72%
New Gold Platinum ETF NNGNPLT148.58150.841.52%
New Funds S&P NAM BondNFNAMA17.3817.36-0.12%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.40
EUR/NAD17.36
GBP/NAD20.00
EUR/GBP0.86
EUR/USD1.01
GBP/USD1.16
AUD/USD0.67
USD/JPY142.75
Commodities @ 08:00 
Gold1,712.25
Silver19.30
Platinum879.70
Palladium2,077.02
WTI86.88
Brent92.69

Table 5: Exchange Rates and Commodities 


Local News

Following two consecutive months of growth, the twelve-month average growth in the First National Bank (FNB) rental index retreated into negative territory- posting a contraction of 1.7% at the end of June 2022   (Namibian Sun)

Plans are underway to refurbish the TransNamib fuel railway link at Walvis Bay as portions of the link that transport fuels via tankers from Namport to various depots at Walvis Bay have reached the end of their lifespan and have been deemed unsafe. (New Era Newspaper)

Bank of Namibia (BoN) governor Johannes !Gawaxab has joined his predecessor in pleading with commercial banks to fund productive sectors to maintain the economic growth the country has built up in the past months. (The Namibian)

Sub-Sahara News

SA petrochemicals producer Sasol says it will not drop Bain as a service provider, after calls in the UK and SA for the private sector to cut ties to the business consultancy. (News24)

William Ruto was sworn in as Kenya’s fifth president on Tuesday, a week after the Supreme Court rejected a challenge by his defeated opponent in a close-fought election that he won by portraying himself as an underdog “hustler” battling the elite. (CNBC Africa)

Moustapha Ben Barka, the vice-president of the West African Development Bank (BOAD) based in Lomé, Togo, has been arrested by French authorities. He was also the former secretary-general at the presidency – equivalent to a ministerial post – when his uncle, the late Ibrahim Boubacar Kéita served as president. (All Africa News)

International News

A group of St Petersburg local politicians who called for President Vladimir Putin to be sacked over the war in Ukraine faces the likely dissolution of their district council following a judge’s ruling on Tuesday, one of the deputies said. (Reuters)

Asian stocks hit a two-year low on Wednesday and the yen continued to decline, as solid U.S. services data released overnight reinforced investor expectations for a more aggressive pace of FOMC rate hikes (RTT News)

UN Secretary-General Antonio Guterres has called for solidarity and cooperation to address a “world in peril”. (Aljazeera News)

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