NSX DAILY UPDATE (26 JULY 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,485,325.00 102,489,945.25100.00%
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.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.0211.020.00%
First Rand NamibiaFNB30.4730.470.00%
Standard Bank NamibiaSNO4.304.24-1.40%
Oryx LimitedORY10.2510.250.00%
LetshegoLHN2.452.658.16%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.527.520.00%
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 plcANM552.03562.751.94%
B2Gold CorporationB2G54.6454.22-0.77%
Oceana Group LimitedOCG50.0051.503.00%
Mediclinic International PlcMEP96.1197.601.55%
TruworthsTRW48.1352.809.70%
Nedbank Group LimitedNBK210.95212.380.68%
Standard Bank GroupSNB155.78157.551.14%
Shoprite HoldingsSRH209.36219.224.71%
FirstRand LimitedFST64.5665.301.15%
Momentum Metropolitan HoldingsMMT14.5514.640.62%
Old Mutual LtdOMM11.3411.450.97%
Sanlam LimitedSLA54.8155.120.57%
Santam LimitedSNM240.25249.733.95%
Vukile Property Fund LimitedVKN14.1714.180.07%
Investec LimitedIVD85.9486.720.91%
PSG Konsult LimitedKFS11.1511.200.45%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD268.82271.000.81%
New Gold Palladium ETFNGNPLD325.51328.540.93%
New Gold Platinum ETF NNGNPLT140.94143.231.62%
New Funds S&P NAM BondNFNAMA17.0016.93-0.41%

Table 4: ETFs


Exchange Rates 
USD/NAD16.89
EUR/NAD17.13
GBP/NAD20.36
EUR/GBP0.84
EUR/USD1.01
GBP/USD1.20
AUD/USD0.69
USD/JPY136.95
Commodities 
Gold1,717.55
Silver18.56
Platinum865.50
Palladium2,015.50              
WTI93.77
Brent100.29  

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)

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