NSX DAILY UPDATE (14 JULY 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall1,079,175 21,501,228100.00%
ETFs –   –  0.00%
Total 1,079,175 21,501,228 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 21,501,228 worth of shares was traded on the NSX on Thursday, with about N$  2,950,113 worth of Anglo-American plc and N$  299,604 worth of Capricorn Group Limited on the home front. No ETFs were traded on Thursday

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American’s share price slumped due to market conditions slumping globally
  • On the local NSX listing, shares belonging to Capricorn Group Limited were traded resulting in a decrease of 15.2% in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0140.010.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP12.9911.01-15.24%
First Rand NamibiaFNB30.4930.490.00%
Standard Bank NamibiaSNO5.004.20-16.00%
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 CompanyMOC8.007.00-12.50%
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 plcANM543.80518.87-4.58%
B2Gold CorporationB2G54.4856.503.71%
Oceana Group LimitedOCG46.9546.49-0.98%
Mediclinic International PlcMEP95.0095.450.47%
TruworthsTRW47.7046.10-3.35%
Nedbank Group LimitedNBK203.85201.80-1.01%
Standard Bank GroupSNB149.99147.23-1.84%
Shoprite HoldingsSRH205.94200.71-2.54%
FirstRand LimitedFST62.6361.08-2.47%
Momentum Metropolitan HoldingsMMT14.5714.31-1.78%
Old Mutual LtdOMM11.4811.23-2.18%
Sanlam LimitedSLA52.9551.11-3.47%
Santam LimitedSNM239.06237.44-0.68%
Vukile Property Fund LimitedVKN13.3013.13-1.28%
Investec LimitedIVD84.0883.55-0.63%
PSG Konsult LimitedKFS11.5011.631.13%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.67274.49-0.07%
New Gold Palladium ETFNGNPLD320.17317.33-0.89%
New Gold Platinum ETF NNGNPLT139.66139.42-0.17%
New Funds S&P NAM BondNFNAMA16.6916.56-0.78%

Table 4: ETFs


Exchange Rates 
USD/NAD17.18
EUR/NAD17.21
GBP/NAD20.31
EUR/GBP0.84
EUR/USD1.00
GBP/USD1.48
AUD/USD0.67
USD/JPY1378.94
Commodities 
Gold1,708.00
Silver18.34
Platinum823.80
Palladium1,901.28
WTI96.47
Brent99.74

Table 5: Exchange Rates and Commodities 


Local News

Bank BIC Namibia has confirmed that the perceived reputational risk of its main shareholder, Isabell Dos Santos, has contributed to the bank’s failure to increase its local ownership, more than six years after being instructed to do so by the Bank of Namibia (BoN) (Namibian Sun)

Andre Messika Diamond, a supplier of polished diamonds to the luxury jewellery market recently opened the very first parcel of Namibian rough diamonds purchased from Namib Desert Diamonds (New Era Newspaper)

AgriBank is rolling out a biomass value chain financing scheme, which was operationalized earlier this year, to meet the bank’s loan book diversification objective (The Namibian)

Sub-Sahara News

The Public Servants’ Association (PSA) has declared a deadlock in the public service wage talks with the government, rejecting a 2% wage offer. (New s24)

Southern African countries agreed on Thursday to extend their troop deployment in Mozambique for another month to help it fight an Islamic State-linked insurgency. (CNBC Africa)

Oscar-winning actor Terrence Howard is in Uganda, where he announced the development of several scientific initiatives that also form part of plans to boost funding and tourism to the nation (All Africa News)

International News

Italy’s president rejected the resignation of Prime Minister Mario Draghi on Thursday after a day of political drama that threatened to bring down a national unity government that has been in office less than 18 months. (Reuters)

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues overnight from global markets, boosted by materials and energy stocks amid rebounding commodity prices. (RTT News)

A man who was exonerated after spending decades in prison in the United States for the 1965 murder of Black civil rights advocate Malcolm X is suing New York City for its role in his wrongful conviction. (Aljazeera News)

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