NSX DAILY UPDATE (27 JULY 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 576,748.00 12,454,425.31100.00%
ETFs –   –  0.00%
Total 576,748.00 12,454,425.31 100.00

Table 1: NSX Trades


NSX Activities

A total of N$12,454,425.31 worth of shares was traded on the NSX on Wednesday, with about N$ 8,551,186 worth of Anglo-American plc and N$      2,334,376 worth of SBN Holdings Ltd on the home front. No ETFs were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American’s share price decreased resulting in an N$ 8,5 million sell-off of shares
  • On the local NSX listing, shares belonging to SBN Holdings Ltd were traded with a decline in share price by 0.5% 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 NamibiaSNO4.244.321.89%
Oryx LimitedORY10.2510.250.00%
LetshegoLHN2.652.650.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.527.530.13%
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 plcANM562.75561.65-0.20%
B2Gold CorporationB2G54.2256.143.54%
Oceana Group LimitedOCG51.5050.76-1.44%
Mediclinic International PlcMEP97.6098.040.45%
TruworthsTRW52.8051.89-1.72%
Nedbank Group LimitedNBK212.38212.820.21%
Standard Bank GroupSNB157.55158.000.29%
Shoprite HoldingsSRH219.22223.742.06%
FirstRand LimitedFST65.3064.79-0.78%
Momentum Metropolitan HoldingsMMT14.6414.861.50%
Old Mutual LtdOMM11.4511.44-0.09%
Sanlam LimitedSLA55.1254.89-0.42%
Santam LimitedSNM249.73251.990.90%
Vukile Property Fund LimitedVKN14.1814.522.40%
Investec LimitedIVD86.7287.380.76%
PSG Konsult LimitedKFS11.2011.512.77%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD271.00269.95-0.39%
New Gold Palladium ETFNGNPLD328.54332.441.19%
New Gold Platinum ETF NNGNPLT143.23143.530.21%
New Funds S&P NAM BondNFNAMA16.9316.90-0.18%

Table 4: ETFs


Exchange Rates 
USD/NAD16.66
EUR/NAD17.01
GBP/NAD20.28
EUR/GBP0.83
EUR/USD1.02
GBP/USD1.21
AUD/USD0.69
USD/JPY135.47
Commodities 
Gold1,735.00              
Silver19.21
Platinum883.55
Palladium2,038.53              
WTI98.33
Brent102.62

Table 5: Exchange Rates and Commodities 


Local News

Trade Union Congress of Namibia (TUENA) secretary-general Mahongora Kavihuha says a possible strike by Namibian civil servants will have a minimal effect on the economy (Namibian Sun)

African Deli, the renowned Namibian company that specializes in ready-to-eat food products, is set to take Africa by storm with its latest addition to their readily available food delicacies. (New Era Newspaper)

A manager at the national postal service NamPost has filed a police case of fraud and money laundering against officials who have allegedly transferred N$3.2 million from the parastatal to private accounts. (The Namibian)

Sub-Sahara News

Eskom’s pension fund has accused the power utility’s former head, Brian Molefe, of trying to delay his obligation to pay it R10 million (News24)

The executive director of South Africa’s Presidential Commission on Climate Change called the country’s coal industry “delusional” on Wednesday, saying the market for fossil fuels is going to dwindle rapidly in the next decade. (CNBC Africa)

As of July 27, 2022, confirmed cases of Covid-19 from 55 African countries reached  12,073,092 while  353,455,779 vaccinations have been administered across the continent. (All Africa News)

International News

Russian forces took over Ukraine’s second-biggest power plant and are conducting a “massive redeployment” of troops to three southern regions, a Ukrainian presidential adviser said, amid expectations of a Ukrainian counter-offensive. (Reuters)

European stocks are seen opening slightly lower on Thursday as the region anxiously awaits the return of Russian gas supplies after a 10-day halt for annual maintenance. (RTT News)

In a speech to mark the armistice that ended fighting in the Korean War, known as ‘Victory Day’ in North Korea, Kim Jong Un said the threat posed by the United States required Pyongyang to build up its defense. (Aljazeera News)

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