NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 7 886 | 268 282 | 3.68% |
SA Dual Listed | 276 642 | 6 611 865 | 90.69% |
ETFs | 1 687 | 410 616 | 5.63% |
Total | 286 215 | 7 290 763 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 7 290 763 worth of shares was traded on the NSX on Thursday, with about N$ 19 116 921 worth of Old Mutual, N$ 3 322 603 worth of Momentum Metropolitan Holdings and N$ 268 282 worth of Namibia Breweries on the home front. ETFs worth N$ 410 616 were recorded on Thursday.
HEI Equity Research Commentary
From the trading activity that took place:
- Despite previous day’s acquisition on Old Mutual’s share, slowly income investors are dumping the shares as satisfaction arises prior to past week’s performance.
- Momentum Metropolitan’s shares were offloaded as market performance starts to decline.
- Trading movement was recorded from Namibia Breweries as shares were bought privately as consumer demand increases
- New Gold Issuer Ltd NM ETF was sold in large volumes as poor market performance still haunts investors.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 34.01 | 34.02 | 0.03% |
Nictus Holdings | NHL | 1.80 | 1.80 | 0% |
Capricorn | CGP | 12.87 | 12.87 | 0% |
First Rand Namibia | FNB | 29.99 | 29.99 | 0% |
Standard Bank Namibia | SNO | 6.47 | 6.47 | 0% |
Oryx Limited | ORY | 11.44 | 11.44 | 0% |
Letshego | LHN | 1.70 | 1.70 | 0% |
Namibia Asset Management | NAM | 0.66 | 0.66 | 0% |
Stimulus | SILP | 127.90 | 127.90 | 0% |
Paratus Namibia Holdings Ltd | PNH | 12.00 | 12.00 | 0% |
Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0% |
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 | 606.97 | 612.02 | 0.83% |
Barloworld Limited | BWL | 106.10 | 103.75 | -2.21% |
Oceana Group Limited | OCG | 64.66 | 63.84 | -1.27% |
Mediclinic International Plc | MEP | 62.69 | 62.57 | -0.19% |
Truworths | TRW | 64.11 | 63.20 | -1.42% |
Nedbank Group Limited | NBK | 180.69 | 180.50 | -0.11% |
Standard Bank Group | SNB | 145.90 | 144.00 | -1.30% |
Shoprite Holdings | SRH | 181.89 | 180.97 | -0.51% |
FirstRand Limited | FST | 61.95 | 19.40 | 1.00% |
Momentum Metropolitan Holdings | MMT | 19.69 | 19.40 | -1.47% |
Old Mutual Ltd | OMM | 16.50 | 16.09 | -2.48% |
Sanlam Limited | SLA | 64.50 | 63.84 | -1.02% |
Santam Limited | SNM | 250.13 | 246.79 | -1.34% |
Vukile Property Fund Limited | VKN | 11.69 | 11.58 | -0.94% |
Investec Limited | IVD | 60.31 | 59.86 | -0.75% |
PSG Konsult Limited | KFS | 11.15 | 11.49 | 3.05% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 244.21 | 244.05 | -0.07% |
New Gold Palladium ETF | 345.03 | 339.74 | 336.44 | -0.97% |
New Gold Platinum ETF N | NGNPLT | 139.72 | 140.35 | 0.45% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.44 |
EUR/ZAR | 17.15 |
GBP/ZAR | 19.98 |
EUR/GBP | 0.85 |
EUR/USD | 1.18 |
GBP/USD | 1.38 |
AUD/USD | 0.74 |
USD/JPY | 109.93 |
Commodities | |
Gold | 1 811.35 |
Silver | 23.93 |
Platinum | 995.05 |
Palladium | 2 401.25 |
WTI | 69.81 |
Brent | 72.84 |
Table 5: Exchange Rates and Commodities
Local News
Agricultural Bank of Namibia (Agribank) delivered solid financial results, for the fifth consecutive year. (Namibian Sun)
The Namibian mining industry accounts for about 50% of the country’s exports and Alweendo said he believes mining must look towards building resilience in its value chains from suppliers to downstream customers. (New Era Newspaper)
The minister of public enterprises, Leon Jooste, has instructed that a group of suspended National Housing Enterprise (NHE) managers should be reinstated immediately. (The Namibian)
Sub-Sahara News
The European Union will be returning doses of Covid-19 vaccine it imported from South Africa, and no more doses will leave the continent. (News24)
The Organization of the Petroleum Exporting Countries and allies agreed to stick to their existing policy of gradual oil output increases, despite revising their 2022 demand outlook upward. (CNBC Africa)
As of September 1, confirmed cases of Covid-19 from 55 African countries reached 7,820,917 while over 66,777,366 vaccinations have been administered across the continent. (All Africa News)
International News
President Biden warned that the Texas law imposing a near-total ban on abortion that the U.S. Supreme Court allowed to stand will cause “unconstitutional chaos”(Reuters)
Australian stock market is modestly higher on Friday, recouping the losses in the previous two sessions, with the benchmark S&P/ASX 200 just above the 7,500 level, following the broadly positive cues overnight from Wall Street. (RTT News)
South Korea is in the final stages of developing a surface-to-surface ballistic missile as powerful as a tactical nuclear warhead (Aljazeera News)