NSX DAILY UPDATE (27 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 264,974.00 9,494,363.89100.00%
ETFs –   –  0.00%
Total 264,974.00 9,494,363.89 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$  9,494,363.89 worth of shares was traded on the NSX on Tuesday with about N$ 1,662,612 worth of Anglo-American plc and N$ 1,444,117 worth of Capricorn Group on the home front. No ETFs were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s performance on the market slightly recovered as market participants stabilizes their portfolios
  • Shares belonging to Capricorn Group were traded contributing to a soaring in share price by 1.8% at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.4942.500.02%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.1111.311.80%
First Rand NamibiaFNB30.5330.530.00%
Standard Bank NamibiaSNO4.714.720.21%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.672.670.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.027.020.00%
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 plcANM512.52518.001.07%
B2Gold CorporationB2G53.7151.64-3.85%
Oceana Group LimitedOCG54.2554.250.00%
Mediclinic International PlcMEP95.6494.90-0.77%
TruworthsTRW52.2552.250.00%
Nedbank Group LimitedNBK200.00203.501.75%
Standard Bank GroupSNB143.60146.061.71%
Shoprite HoldingsSRH219.94224.952.28%
FirstRand LimitedFST61.2062.291.78%
Momentum Metropolitan HoldingsMMT16.6617.002.04%
Old Mutual LtdOMM9.819.810.00%
Sanlam LimitedSLA52.1052.671.09%
Santam LimitedSNM242.15245.051.20%
Vukile Property Fund LimitedVKN12.4212.561.13%
Investec LimitedIVD74.4771.76-3.64%
PSG Konsult LimitedKFS10.4610.651.82%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD276.89276.890.00%
New Gold Palladium ETFNGNPLD362.59362.590.00%
New Gold Platinum ETF NNGNPLT150.73150.730.00%
New Funds S&P NAM BondNFNAMA16.9216.920.00%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.11
EUR/NAD17.33              
GBP/NAD19.35
EUR/GBP0.89
EUR/USD0.95
GBP/USD1.06
AUD/USD0.63
USD/JPY144.68
Commodities @ 08:00 
Gold1,629.00
Silver18.08
Platinum830.70
Palladium2,067.52
WTI77.34
Brent83.68

Table 5: Exchange Rates and Commodities 


Local News

Bulk utility service providers NamWater and NamPower say suggestions for them to write off debts owed by local authorities do not make business sense and could leave them unable to provide services.(Namibian Sun)

The small pelagic industry has said the true state of the pilchard fishery may never be known as the current research methods do not give a clear indication on the recovery of the stock  (New Era Newspaper)

TrustCo Group Holdings and its subsidiary Trustco Bank Namibia have filed a case in the High Court in a bid to review several directives and decisions issued by the Bank of Namibia linked to the central bank denying Trustco a full commercial banking license (The Namibian)

Sub-Sahara News

In five years, Eskom went from predicting that SA would have an 8GW surplus of capacity to a 6GW deficit. At the heart of our energy crisis is the collapse of its coal fleet. (News24)

Kenyan President William Ruto on Tuesday appointed former central bank governor Njuguna Ndung’u as finance minister to steer the economy through rising inflation, a heavy debt burden, and drought. (CNBC Africa)

Guineans hope the wait for justice will soon come to an end 13 years after a massacre that killed at least 157 people. Ex-junta leader Moussa Camara and his former lieutenants are expected to face the judge.. (All Africa News)

International News

The suspected sabotage against the Nord Stream gas pipelines does not constitute an attack on Sweden, Foreign Minister Ann Linde told SVT public television on Wednesday. (Reuters)

European stocks traded mixed on Wednesday, as investors awaited a Federal Reserve rate decision and monitored increased political tensions with Russia. (RTT News)

US President Joe Biden will host leaders from the Pacific Islands this week in what the White House is billing as a first-of-its-kind regional leaders summit in Washington, amid increasing rivalry between the United States and China in the Pacific. (Aljazeera News)

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