NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 1,485,325.00 | 102,489,945.25 | 100.00% |
ETFs | – | – | 0.00% |
Total | 1,485,325.00 | 102,489,945.25 | 100.00 |
Table 1: NSX Trades
NSX Activities
A total of N$ 102,489,945.25 worth of shares was traded on the NSX on Tuesday, with about N$ 14,048,641 worth of Anglo-American plc and N$ 1,057,448 worth of Letshego Holdings on the home front. No ETFs were traded on Tuesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American’s share price increased resulting in a huge sum of subscriptions by investors
- On the local NSX listing, shares belonging to Letshego Holdings were traded with an increase in share price by 8.2% at closing.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 40.00 | 40.00 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 11.02 | 11.02 | 0.00% |
First Rand Namibia | FNB | 30.47 | 30.47 | 0.00% |
Standard Bank Namibia | SNO | 4.30 | 4.24 | -1.40% |
Oryx Limited | ORY | 10.25 | 10.25 | 0.00% |
Letshego | LHN | 2.45 | 2.65 | 8.16% |
Namibia Asset Management | NAM | 0.70 | 0.70 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.99 | 12.99 | 0.00% |
Mobile Telecommunication Company | MOC | 7.52 | 7.52 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 552.03 | 562.75 | 1.94% |
B2Gold Corporation | B2G | 54.64 | 54.22 | -0.77% |
Oceana Group Limited | OCG | 50.00 | 51.50 | 3.00% |
Mediclinic International Plc | MEP | 96.11 | 97.60 | 1.55% |
Truworths | TRW | 48.13 | 52.80 | 9.70% |
Nedbank Group Limited | NBK | 210.95 | 212.38 | 0.68% |
Standard Bank Group | SNB | 155.78 | 157.55 | 1.14% |
Shoprite Holdings | SRH | 209.36 | 219.22 | 4.71% |
FirstRand Limited | FST | 64.56 | 65.30 | 1.15% |
Momentum Metropolitan Holdings | MMT | 14.55 | 14.64 | 0.62% |
Old Mutual Ltd | OMM | 11.34 | 11.45 | 0.97% |
Sanlam Limited | SLA | 54.81 | 55.12 | 0.57% |
Santam Limited | SNM | 240.25 | 249.73 | 3.95% |
Vukile Property Fund Limited | VKN | 14.17 | 14.18 | 0.07% |
Investec Limited | IVD | 85.94 | 86.72 | 0.91% |
PSG Konsult Limited | KFS | 11.15 | 11.20 | 0.45% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 268.82 | 271.00 | 0.81% |
New Gold Palladium ETF | NGNPLD | 325.51 | 328.54 | 0.93% |
New Gold Platinum ETF N | NGNPLT | 140.94 | 143.23 | 1.62% |
New Funds S&P NAM Bond | NFNAMA | 17.00 | 16.93 | -0.41% |
Table 4: ETFs
Exchange Rates | |
USD/NAD | 16.89 |
EUR/NAD | 17.13 |
GBP/NAD | 20.36 |
EUR/GBP | 0.84 |
EUR/USD | 1.01 |
GBP/USD | 1.20 |
AUD/USD | 0.69 |
USD/JPY | 136.95 |
Commodities | |
Gold | 1,717.55 |
Silver | 18.56 |
Platinum | 865.50 |
Palladium | 2,015.50 |
WTI | 93.77 |
Brent | 100.29 |
Table 5: Exchange Rates and Commodities
Local News
Labor minister Utooni Nujoma and his education counterpart Anna Nghipondoka have voiced concerns over a national shutdown emanating from a possible strike by civil servants across all industries, with the latter telling teachers to “think about the children”. (Namibian Sun)
A local fish trader, who allegedly squandered over N$2 million within two months, now faces the full wrath of the law after alleged dealings landed him in jail. (New Era Newspaper)
Opportunities are increasing for Namibia to position itself as an alternative logistics gateway for Southern African Development Community countries, but a lack of government officials and short operating hours have led to congestion at the borders. (The Namibian)
Sub-Sahara News
The National Union of Metalworkers of South Africa’s (Numsa) special central committee (SCC) meeting on Tuesday resolved to appeal the Labour Court’s interdict against the union’s controversial congress this week and decided that the event would proceed on Wednesday (News24)
Ugandan President Yoweri Museveni said on Tuesday he saw no reason to criticize Russia over the invasion of Ukraine, extolling Russian-African friendship in remarks that will have delighted his visitor, Russia’s Foreign Minister Sergei Lavrov. (CNBC Africa)
As of July 26, 2022, confirmed cases of Covid-19 from 55 African countries reached 12,055,243 while 353,449,054 vaccinations have been administered across the continent. (All Africa News)
International News
Australian inflation sped to a 21-year high last quarter and is likely to accelerate even further as food and energy costs explode, stoking speculation interest rates will need to more than double to bring the outbreak under control. (Reuters)
Asian stocks posted strong gains on Wednesday after Wall Street rallied to its best day in more than three weeks overnight, helped by reasonably healthy corporate earnings (RTT News)
Taipei, Taiwan, and Kuala Lumpur, Malaysia – More than a decade after the Fukushima disaster shattered confidence in nuclear power, Asia is undergoing a nuclear renaissance. (Aljazeera News)