NSX DAILY UPDATE (29 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 141,371.00 8,534,449.32100.00%
ETFs –   –  0.00%
Total 141,371.00 8,534,449.32 100.00%

Table 1: NSX Trades

NSX Activities


A total of N$ 8,534,449.32 worth of shares was traded on the NSX on Thursday with about N$ 189,107 worth of Anglo-American plc and N$  51,300 worth of Oryx Properties Limited on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s performance on the market continues to recover as the market bounce back from a sell-off trend
  • Shares belonging to Oryx Properties Limited were traded by market participants resulting in a minor change in share price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5042.500.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.3111.310.00%
First Rand NamibiaFNB30.5330.530.00%
Standard Bank NamibiaSNO4.754.750.00%
Oryx LimitedORY10.2710.26-0.10%
LetshegoLHN2.672.670.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.017.010.00%
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 plcANM526.00547.744.13%
B2Gold CorporationB2G52.0554.584.86%
Oceana Group LimitedOCG53.2953.440.28%
Mediclinic International PlcMEP95.0097.722.86%
TruworthsTRW52.6551.32-2.53%
Nedbank Group LimitedNBK202.04198.84-1.58%
Standard Bank GroupSNB145.49143.13-1.62%
Shoprite HoldingsSRH223.65219.42-1.89%
FirstRand LimitedFST61.6660.51-1.87%
Momentum Metropolitan HoldingsMMT16.8816.75-0.77%
Old Mutual LtdOMM9.599.53-0.63%
Sanlam LimitedSLA51.6150.73-1.71%
Santam LimitedSNM246.97247.740.31%
Vukile Property Fund LimitedVKN12.4312.32-0.88%
Investec LimitedIVD70.8968.91-2.79%
PSG Konsult LimitedKFS10.6410.51-1.22%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD276.10277.850.63%
New Gold Palladium ETFNGNPLD368.81387.184.98%
New Gold Platinum ETF NNGNPLT147.72150.501.88%
New Funds S&P NAM BondNFNAMA16.9216.980.35%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.97
EUR/NAD17.65        
GBP/NAD20.03
EUR/GBP0.89
EUR/USD0.98
GBP/USD1.11
AUD/USD0.64
USD/JPY144.52
Commodities @ 08:00 
Gold1,675.40
Silver18.94
Platinum866.15
Palladium2,188.77
WTI81.32
Brent87.41

Table 5: Exchange Rates and Commodities 


Local News

The auditors of Grand Namibia and BDO Namibia have since 2019 been concerned about Trustco Bank Namibia’s (TBN) ability to continue as a going concern because of the huge losses it has suffered. (Namibian Sun)

The Environmental and Social Impact Assessment report by the Environmental Compliance Consultancy reveals that it has been determined that the fishing industry would be able to co-exist with the phosphate industry (New Era Newspaper)

Namibia has been ranked third among nations with the highest wealth per capita in Africa after Mauritius and South Africa (The Namibian)

Sub-Sahara News

Eskom, which is under an unprecedented financial strain, received another blow on Thursday when the CCMA awarded employees a further 1.5% wage increase, backdated to July 2021. (News24)

Porsche AG made its debut on the stock market on Thursday, with a price tag of about 75 billion euros ($72.45 billion) after Volkswagen priced shares at the top end of the range, braving turbulent market conditions. (CNBC Africa)

Global hydrogen demand reached 94 million tons in 2021 and contained energy equal to about 2.5% of global final energy consumption. Only about 0.1% of current global hydrogen production is green, but big expansions are planned. (All Africa News)

International News

Russian President Vladimir Putin was set to host a Kremlin ceremony on Friday annexing four regions of Ukraine, while his Ukrainian counterpart said Putin would have to be stopped for Russia to avoid the most damaging consequences of the war. (Reuters)

U.K. stocks tumbled on Friday to extend losses from the previous session amid concerns about a potential global recession. (RTT News)

International warnings about efforts to “subvert democracy” in Brazil are growing, just days before voters head to the polls for a presidential election that has deepened divisions in the South American nation. (Aljazeera News)

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