NSX DAILY UPDATE (16 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,203,736.00 24,271,869.1493.83%
ETFs 10,500.00 1,596,054.606.17%
Total 1,214,236.00 25,867,923.74 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 24,271,869.14 worth of shares was traded on the NSX on Friday with about N$ 231,409 worth of Anglo-American plc and N$   33,572 worth of FirstRand Namibia Ltd on the home front. ETFs worth N$ 1,596,054.60 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s stock market performance was bullish in spite of the stock market bearish market behavior  
  • Shares belonging to FirstRand Namibia Ltd were subscribed as investor’s confidence arise due to the earnings results last week
  • New Gold Platinum ETF N continues to be allotted, indicating signs of a hedging instrument, given the current macroeconomic environment.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5042.500.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP12.5012.500.00%
First Rand NamibiaFNB30.2130.521.03%
Standard Bank NamibiaSNO4.704.720.43%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.662.670.38%
Namibia Asset ManagementNAM0.680.67-1.47%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.007.010.14%
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 plcANM565.16569.500.77%
B2Gold CorporationB2G59.6258.07-2.60%
Oceana Group LimitedOCG52.0653.452.67%
Mediclinic International PlcMEP99.1098.70-0.40%
TruworthsTRW57.1755.62-2.71%
Nedbank Group LimitedNBK213.29209.85-1.61%
Standard Bank GroupSNB147.74143.83-2.65%
Shoprite HoldingsSRH224.38219.26-2.28%
FirstRand LimitedFST65.0263.32-2.61%
Momentum Metropolitan HoldingsMMT17.6517.50-0.85%
Old Mutual LtdOMM10.5010.34-1.52%
Sanlam LimitedSLA55.2654.59-1.21%
Santam LimitedSNM250.00250.000.00%
Vukile Property Fund LimitedVKN13.4713.621.11%
Investec LimitedIVD77.5177.670.21%
PSG Konsult LimitedKFS10.8810.910.28%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD273.66275.480.67%
New Gold Palladium ETFNGNPLD366.46360.70-1.57%
New Gold Platinum ETF NNGNPLT154.51152.72-1.16%
New Funds S&P NAM BondNFNAMA17.2917.320.17%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.68
EUR/NAD17.65
GBP/NAD20.15
EUR/GBP0.87
EUR/USD0.99
GBP/USD1.16
AUD/USD0.66
USD/JPY143.27
Commodities @ 08:00 
Gold1,675.60
Silver19.41
Platinum903.40
Palladium2,115.27
WTI84.89
Brent91.69

Table 5: Exchange Rates and Commodities 


Local News

For five days, volunteers firefighters alongside law enforcements officials tirelessly fought to get one of the country’s toughest blazes under control (Namibian Sun)

The Ministry of Agriculture, Water, and Land Reform recently procured drilling rigs in an effort to expedite water provision to rural communities  (New Era Newspaper)

NAMDIA and the Dubai-based company, Samir Gems, on Thursday evening unveiled the first diamond that will go to the market with an identity mark  (The Namibian)

Sub-Sahara News

South Africa is facing a risk of an unprecedented level of load shedding this week after units at two of its coal-fired power plants broke down. (News24)

The World Bank says it will fund the decommissioning of Eskom’s Komati power station with about $500 million as part of a package to help South Africa’s plans to wean off coal, move to clean energy, and address its current energy crises. (CNBC Africa)

The risk of nuclear war is at its highest in decades, and nuclear-armed states are confirming what African states have known for decades: that there is no rational explanation for the need for nuclear weapons, and these inhumane weapons of mass destruction are dangerous in the hands of any nation. (All Africa News)

International News

Britain, world leaders, and royalty from across the globe will on Monday bid a final farewell to Queen Elizabeth, the last towering figure of her era, at a state funeral of inimitable pageantry. (Reuters)

European stock markets are expected to open on a positive note on Monday amidst an improved risk-on sentiment globally. Markets are expected to price in the anticipated decline in consumer price inflation in the U.S. in August to 8.1 percent, from 8.5 percent in the month of July, rejuvenating hopes of a pause in aggressive central bank monetary policy action (RTT News)

Britain is preparing to bid a final farewell to Queen Elizabeth II in a grand state funeral, with dozens of world leaders and royalty from Europe to Lesotho and Japan to be among the 2,000 people attending the funeral at Westminster Abbey in central London. (Aljazeera News)

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