NSX Daily Update(02 September 2021)




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)

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