NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 334 641 | 4 395 907 | 3.22% |
SA Dual Listed | 3 623 179 | 131 586 322 | 96.53% |
ETFs | 1 339 | 329 340 | 0.24% |
Total | 3 959 159 | 136 311 569 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 136 311 569 worth of shares was traded on the NSX on Friday, with about N$ 18 300 268 worth of Shoprite Holdings, N$ 18 380 099 worth of FirstRand Limited and N$ 4 186 663 worth of Capricorn Group Limited on the home front. ETFs worth N$ 329 340 were recorded on Friday.
HEI Equity Research Commentary
From the trading activity that took place:
- Shoprite Holding’s distribution of annual financial statements announcement resulted in the sell-off of shares.
- As FirstRand Limited’s market performance slowly increases, shares were still sold due to downwards drag of the banking sector.
- Shares in Capricorn Group were bought in large volume following a high rising appetite in investor’s confidence on the home front.
- Lastly, New Gold Issuer Ltd NM ETF was sold as delisting of debentures commences.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 34.12 | 34.12 | 0.00% |
Nictus Holdings | NHL | 1.80 | 1.80 | 0.00% |
Capricorn | CGP | 12.83 | 12.88 | 0.39% |
First Rand Namibia | FNB | 28.00 | 29.00 | 3.57% |
Standard Bank Namibia | SNO | 6.47 | 6.47 | 0.00% |
Oryx Limited | ORY | 11.39 | 11.39 | 0.00% |
Letshego | LHN | 2.00 | 2.00 | 0.00% |
Namibia Asset Management | NAM | 0.66 | 0.66 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.00 | 12.00 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 532.89 | 529.25 | -0.68% |
Barloworld Limited | BWL | 122.94 | 124.73 | 1.46% |
Oceana Group Limited | OCG | 66.51 | 64.37 | -3.22% |
Mediclinic International Plc | MEP | 63.72 | 63.79 | 0.11% |
Truworths | TRW | 55.63 | 53.85 | -3.20% |
Nedbank Group Limited | NBK | 175.06 | 173.47 | -0.91% |
Standard Bank Group | SNB | 143.18 | 143.00 | -0.13% |
Shoprite Holdings | SRH | 178.75 | 176.46 | -1.28% |
FirstRand Limited | FST | 64.51 | 64.15 | -0.56% |
Momentum Metropolitan Holdings | MMT | 20.89 | 21.14 | 1.20% |
Old Mutual Ltd | OMM | 16.57 | 16.94 | 2.23% |
Sanlam Limited | SLA | 63.92 | 64.39 | 0.74% |
Santam Limited | SNM | 244.00 | 245.21 | 0.50% |
Vukile Property Fund Limited | VKN | 12.26 | 12.01 | -2.04% |
Investec Limited | IVD | 65.45 | 65.45 | 0.00% |
PSG Konsult Limited | KFS | 11.11 | 11.20 | 0.81% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 246.94 | 245.05 | -0.77% |
New Gold Palladium ETF | NGNPLD | 276.47 | 275.74 | -0.26% |
New Gold Platinum ETF N | NGNPLT | 140.67 | 140.45 | -0.16% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.88 |
EUR/ZAR | 17.26 |
GBP/ZAR | 20.17 |
EUR/GBP | 0.85 |
EUR/USD | 1.15 |
GBP/USD | 1.34 |
AUD/USD | 0.72 |
USD/JPY | 110.95 |
Commodities | |
Gold | 1 764 |
Silver | 22.68 |
Platinum | 976.65 |
Palladium | 1 905 |
WTI | 75.69 |
Brent | 79.16 |
Table 5: Exchange Rates and Commodities
Local News
Namibian Defense Force (NDF) members will be subject to mandatory Covid-19 vaccinations following an order issued by the chief of defense. (Namibian Sun)
The office of the auditor general has given New Era Publication Corporation (NEPC) an unqualified audit report for the year ended 31 March 2019. (New Era Newspaper)
The controversy over the valuation of Namib Desert Diamonds’ gems took a new turn last week after the police and customs officials bluntly refused to allow the parastatal to export diamonds worth N$150 million. (The Namibian)
Sub-Sahara News
South Africa, Brazil and Mexico are expected to be opened up to quarantine-free travel in time for the October half-term break. (News24)
BP and Eni are seeking to raise up to $2 billion for their emerging oil and gas joint venture in Angola as both firms attempt to reduce their own debt to help build up renewables businesses. (CNBC Africa)
Newly sworn-in Guinean transition President and coup leader Col. Mamady Doumbouya has promised to stick to his government’s terms of transition charter and step-down after elections. (All Africa News)
International News
Japan’s incoming prime minister Fumio Kishida will formally take office on Monday.(Reuters)
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday.(RTT News)
The United States has condemned China’s largest-ever incursion into Taiwan’s air defense zone, which it described as “provocative” and “destabilizing” military activity ( (Aljazeera News)