NSX DAILY UPDATE (28 JULY 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 489,529.00 7,336,041.87100.00%
ETFs –   –  0.00%
Total 489,529.00 7,336,041.87 100.00

Table 1: NSX Trades


NSX Activities

A total of N$  7,336,041.87 worth of shares was traded on the NSX on Thursday, with about N$ 7,590 worth of Anglo-American plc and N$       1,848,464 worth of Capricorn Group Limited on the home front. No ETFs were traded on Thursday

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American’s share price increased as shares were purchased in low volumes
  • On the local NSX listing, shares belonging to Capricorn Group Limited were traded with an increase in share price 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%
CapricornCGP11.0211.504.36%
First Rand NamibiaFNB30.4730.01-1.51%
Standard Bank NamibiaSNO4.324.320.00%
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 CompanyMOC7.537.530.00%
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 plcANM561.65572.381.91%
B2Gold CorporationB2G56.1456.11-0.05%
Oceana Group LimitedOCG50.7650.26-0.99%
Mediclinic International PlcMEP98.0497.50-0.55%
TruworthsTRW51.8951.41-0.93%
Nedbank Group LimitedNBK212.82215.431.23%
Standard Bank GroupSNB158.00159.651.04%
Shoprite HoldingsSRH223.74226.501.23%
FirstRand LimitedFST64.7965.901.71%
Momentum Metropolitan HoldingsMMT14.8614.73-0.87%
Old Mutual LtdOMM11.4411.30-1.22%
Sanlam LimitedSLA54.8954.59-0.55%
Santam LimitedSNM251.99245.94-2.40%
Vukile Property Fund LimitedVKN14.5214.520.00%
Investec LimitedIVD87.3887.17-0.24%
PSG Konsult LimitedKFS11.5112.145.47%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD269.95271.140.44%
New Gold Palladium ETFNGNPLD332.44335.740.99%
New Gold Platinum ETF NNGNPLT143.53142.37-0.81%
New Funds S&P NAM BondNFNAMA16.9016.930.18%

Table 4: ETFs


Exchange Rates 
USD/NAD16.45
EUR/NAD16.83
GBP/NAD20.08
EUR/GBP0.83
EUR/USD1.02
GBP/USD1.21
AUD/USD0.69
USD/JPY132.92
Commodities 
Gold1,765.00              
Silver20.18
Platinum893.75
Palladium2,061.77
WTI96.98
Brent102.22

Table 5: Exchange Rates and Commodities 


Local News

The rate of digital fraud originating from Namibia decreased in the first quarter of this year, with suspected online fraud attempts declining 7% from the same period last quarter (Namibian Sun)

Namibia has been advised to consider increasing investment, particularly into social infrastructure, rather than increasing operational expenditure (New Era Newspaper)

Civil servants say they are unable to listen to the government’s excuses for not increasing their salaries as they are struggling daily to survive in a country in the grips of skyrocketing food and fuel prices. (The Namibian)

Sub-Sahara News

Treasury is finalizing a plan to take over a portion of Eskom’s R396 billion debt as part of a process to place the struggling electricity company on a sustainable footing, a top official said. The company’s bonds surged. (News24)

The World Health Organization has confirmed two more cases of the Marburg virus in Ghana, a senior WHO official said on Wednesday, two weeks after the country reported its first outbreak of the highly infectious Ebola-like disease. (CNBC Africa)

Kenya Power Company has signed a Power Purchase Agreement with Ethiopian Electric Power to actualize power trade from November 1. (All Africa News)

International News

The U.S. economy contracted for a second straight quarter, the Commerce Department reported on Thursday, a day after the Federal Reserve raised interest rates by three-quarters of a percentage point to a range of 2.25%-2.50% in an effort to slow growth and ease price pressures. (Reuters)

Asian stocks ended mixed on Friday but logged their best week in months on receding concerns over the Federal Reserve’s aggressive interest rate hikes. (RTT News)

Chinese President Xi Jinping has warned his US counterpart Joe Biden against “playing with fire” over Taiwan, as the pair held their fifth call as leaders at a time of simmering economic and geopolitical tensions (Aljazeera News)

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