NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 93 236 | 1 949 791 | 15.40% |
SA Dual Listed | 519 011 | 10 708 830 | 84.60% |
ETFs | – | – | 0.00% |
Total | 612 247 | 12 658 621 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 12 658 621 worth of shares was traded on the NSX on Friday, with about N$ 6 031 460 worth of Old Mutual Ltd, N$ 799 700 worth of Anglo American and N$ 229 596 worth of Old Mutual and N$ 634 950 worth of Capricorn Group Limited on the home front. No ETFs activities were recorded on Friday.
HEI Equity Research Commentary
From the trading activity that took place:
- As companies in the insurance sectors is in the state to mitigate payout risk, investors are pulling out their capital by dumping shares in bulky volumes.
- Peer companies in the resources sector are showing steady growth resulting in the purchases of Anglo-American shares.
- Shares sold in Capricorn Group alludes how stagnant the company performance is over time.
- To summarize on the NSX, a huge sell-off in Capricorn Group and First Rand Namibia occurred while other locally listed companies remain dormant for the time being.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 34.02 | 34.02 | 0% |
Nictus Holdings | NHL | 1.80 | 1.80 | 0% |
Capricorn | CGP | 12.87 | 12.86 | -0.1% |
First Rand Namibia | FNB | 29.99 | 29.98 | -0.03% |
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 | 612.02 | 612.51 | 0.08% |
Barloworld Limited | BWL | 103.75 | 103.75 | 0.00% |
Oceana Group Limited | OCG | 63.84 | 63.41 | -0.67% |
Mediclinic International Plc | MEP | 62.57 | 62.14 | -0.69% |
Truworths | TRW | 63.20 | 55.29 | -12.52% |
Nedbank Group Limited | NBK | 180.50 | 180.00 | -0.28% |
Standard Bank Group | SNB | 144.00 | 144.61 | 0.42% |
Shoprite Holdings | SRH | 180.97 | 182.59 | 0.90% |
FirstRand Limited | FST | 62.57 | 61.68 | -1.42% |
Momentum Metropolitan Holdings | MMT | 19.40 | 19.25 | -0.77% |
Old Mutual Ltd | OMM | 16.09 | 15.80 | -1.80% |
Sanlam Limited | SLA | 63.84 | 63.48 | -0.56% |
Santam Limited | SNM | 246.79 | 249.41 | 1.06% |
Vukile Property Fund Limited | VKN | 11.58 | 11.37 | -1.81% |
Investec Limited | IVD | 59.86 | 58.32 | -2.57% |
PSG Konsult Limited | KFS | 11.49 | 11.50 | 0.09% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 244.05 | 244.58 | 0.22% |
New Gold Palladium ETF | 345.03 | 336.44 | 336.29 | -0.04% |
New Gold Platinum ETF N | NGNPLT | 140.35 | 141.36 | 0.72% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.29 |
EUR/ZAR | 16.97 |
GBP/ZAR | 19.81 |
EUR/GBP | 0.85 |
EUR/USD | 1.18 |
GBP/USD | 1.38 |
AUD/USD | 0.74 |
USD/JPY | 109.76 |
Commodities | |
Gold | 1 830 |
Silver | 24.81 |
Platinum | 1 021.70 |
Palladium | 2 416.50 |
WTI | 69.19 |
Brent | 72.55 |
Table 5: Exchange Rates and Commodities
Local News
The bulk of Namibia is set to receive above normal rainfall. (Namibian Sun)
During 2020/21 financial year, which ended in March 2021, the Agricultural Bank of Namibia (AgriBank) disbursed loans to the value of N$217 million, (New Era Newspaper)
Namibia to receive a shipment of 100 000 doses of the Johnson & Johnson. (The Namibian)
Sub-Sahara News
In South Africa, Former President Jacob Zuma has been placed on medical parole, according to the Department of Correctional Services. (News24)
South Africa’s Health Minister Joe Phaahla said on Friday that scientists had told the government that at this stage the C.1.2 coronavirus variant detected locally was not a threat. (CNBC Africa)
Kenya’s ongoing land reforms, including digitization of land records and cleaning up of registries, will cost the government over Sh5 billion (All Africa News)
International News
Taliban spokesman Suhail Shaheen said that the U.N. undersecretary-general for humanitarian affairs, has promised to maintain assistance for the Afghan people. (Reuters)
Eurozone private sector logged another robust growth in August but the momentum faded slightly from July’s 15-year peak (RTT News)
The United Kingdom has announced new Myanmar sanctions, saying it was targeting a key business associate of the military government for providing arms and financial support following a coup earlier this year. (Aljazeera News)