NSX DAILY UPDATE (30 AUGUST 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 93,321.00 914,568.74100.00%
ETFs –   –  0.00%
Total 93,321.00 914,568.74 100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 914,568.74 worth of shares was traded on the NSX on Tuesday, with about N$ 109,341  worth of Anglo-American plc and N$   224,710 worth of Letshego Holdings Ltd on the home front. No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were sold by market participants causing a decline in the share price at closing
  • Shares belonging Letshego Holdings Ltd were traded without a change in share price
NameNSX Local Ticker Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0140.010.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP10.7210.720.00%
First Rand NamibiaFNB30.0230.020.00%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.652.650.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.0013.000.00%
Mobile Telecommunication CompanyMOC7.527.520.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades

­­

NameSouth African Dual Listed Ticker Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM573.87551.80-3.85%
B2Gold CorporationB2G54.8353.87-1.75%
Oceana Group LimitedOCG54.2354.730.92%
Mediclinic International PlcMEP97.2598.050.82%
TruworthsTRW58.0256.49-2.64%
Nedbank Group LimitedNBK217.86215.89-0.90%
Standard Bank GroupSNB159.46157.80-1.04%
Shoprite HoldingsSRH236.52236.02-0.21%
FirstRand LimitedFST67.0465.83-1.80%
Momentum Metropolitan HoldingsMMT17.0916.91-1.05%
Old Mutual LtdOMM11.5110.57-8.17%
Sanlam LimitedSLA56.0754.88-2.12%
Santam LimitedSNM246.39247.870.60%
Vukile Property Fund LimitedVKN13.5313.560.22%
Investec LimitedIVD80.1481.131.24%
PSG Konsult LimitedKFS11.5511.35-1.73%

Table 3: Dual Listed Trades

Name ETFs Price Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD273.22272.43-0.29%
New Gold Palladium ETFNGNPLD347.55342.49-1.46%
New Gold Platinum ETF NNGNPLT140.79138.76-1.44%
New Funds S&P NAM BondNFNAMA17.2517.24-0.06%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD16.89
EUR/NAD16.96
GBP/NAD19.74
EUR/GBP0.85
EUR/USD0.99
GBP/USD1.16
AUD/USD0.68
USD/JPY138.41
Commodities @ 08:00 
Gold1,746.85
Silver18.49
Platinum851.95
Palladium2,164.02
WTI92.53
Brent98.78

Table 5: Exchange Rates and Commodities 

Local News

Four members of a German family and a South African pilot were killed when a Scenic Air plane crashed into the Zambezi River (Namibian Sun)

Namibia’s 10% participating interest in recent oil discoveries by TotalEnergies and Shell, which is held through the National Petroleum Corporation (Namcor) is a carried interest. (New Era Newspaper)

The Ministry of Agriculture, Water, and Land Reform has suspended the importation of cloven-hoofed animals from Botswana, following suspicions of foot-and-mouth disease. (The Namibian)

Sub-Sahara News

The cost-of-living crisis pushing millions of people towards poverty in Europe is driven by fossil fuels, according to a leading Earth systems scientist, who has warned that global heating risks causing runaway climate change. (News24)

Angola’s main opposition party has submitted a legal complaint challenging the electoral commission’s finding that the governing party won last week’s election, a letter seen by Reuters shows. (CNBC Africa)

In February of this year, African leaders launched the African Year of Nutrition. However, as the year has unfolded, the outlook for nutrition on the continent has been increasingly bleak: the latest report on the State of Food Security and Nutrition in the World estimates that around 322 million people in Africa experience severe food insecurity, a significant increase from 282 million in 2020. In fact, since 2018, the majority of Africans have been suffering from moderate or severe food insecurity. (All Africa News)

International News

Taiwan said on Wednesday it would exercise its right to self defense and “counter-attack” if Chinese armed forces entered its territory, as Beijing increased military activities near the democratic island. (Reuters)

Asian stocks fell for an eighth straight session on Wednesday, with Europe’s energy woes and a drought-fueled power crisis in China keeping investors nervous. (RTT News)

Mikhail Gorbachev, who ended the Cold War and was the last leader of the Soviet Union, has died at the age of 91, Russian news agencies reported, citing medical sources. (Aljazeera News)

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