NSX DAILY UPDATE(08 SEPTEMBER 2021)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Locals 300 510 0.00%
SA Dual Listed 1 794 635 33 022 519 100%
ETFs 0.00%
Total 1 794 935 33 023 029 100%

Table 1: NSX Trades


NSX Activities

A total of N$ 33 023 029 worth of shares was traded on the NSX on Wednesday, with about N$ 19 846 142 worth of Old Mutual Limited, N$ 9 155 307 worth of Momentum Metropolitan Holdings, N$ 746 973 worth of Mediclinic International Plc and N$ 510 worth of Letshego Holdings Namibia. No ETFs activities were recorded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Shares in Old Mutual was bought as demand increases with upright market performance.
  • Momentum Metropolitan shares was bought as audited financial results were released boasting its share price by 0.50 cents at market closing.
  • Mediclinic International’s shares were purchased as good performance asserts investors’ confidence.
  • Shares in Letshego Holdings Namibia was traded at market price. This transactions  had no change in trading contribution.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 34.03 34.03 0%
Nictus Holdings NHL 1.80 1.80 0%
Capricorn CGP 12.86 12.86 0%
First Rand Namibia FNB 29.98 29.98 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


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Name South African Dual Listed Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Anglo-American plc ANM 613.67 598.01 -2.55%
Barloworld Limited BWL 99.00 101.11 2.13%
Oceana Group Limited OCG 63.44 64.33 1.40%
Mediclinic International Plc MEP 60.80 61.29 0.81%
Truworths TRW 55.25 54.32 -1.68%
Nedbank Group Limited NBK 180.64 181.25 0.34%
Standard Bank Group SNB 143.82 144.93 0.77%
Shoprite Holdings SRH 183.40 184.40 0.55%
FirstRand Limited FST 60.72 60.89 0.28%
Momentum Metropolitan Holdings MMT 19.00 19.50 2.63%
Old Mutual Ltd OMM 15.43 15.55 0.78%
Sanlam Limited SLA 62.54 62.47 -0.11%
Santam Limited SNM 245.45 243.40 -0.84%
Vukile Property Fund Limited VKN 11.22 11.10 -1.07%
Investec Limited IVD 57.72 57.34 -0.66%
PSG Konsult Limited KFS 11.48 11.50 0.17%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 240.50 238.97 -0.64%
New Gold Palladium ETF 345.03 330.79 310.29 -6.20%
New Gold Platinum ETF N NGNPLT 139.01 136.03 -2.14%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.16
EUR/ZAR 16.75
GBP/ZAR 19.53
EUR/GBP 0.85
EUR/USD 1.18
GBP/USD 1.37
AUD/USD 0.73
USD/JPY 110.22
Commodities  
Gold 1 793.15
Silver 24.04
Platinum 975.05
Palladium 2 250.25
WTI 69.33
Brent 72.61

Table 5: Exchange Rates and Commodities 


Local News

The Namibia Revenue Agency (NamRA) has granted stakeholders who would like to be recognized as clearing agents until 30 November to apply. (Namibian Sun)

The liquidated Air Namibia owes the Receiver of Revenue a staggering N$700 million. (New Era Newspaper)

Funeral undertakers around the country say the Social Security Commission (SSC) owes them more than N$2 million in funeral claims. (The Namibian)

Sub-Sahara News

In South Africa, Christiana Hospital in the North West has been completely gutted in a fire that broke out on Wednesday morning. (News24)

The International Monetary Fund’s executive board on Tuesday approved $567 million in emergency support for Tanzania. (CNBC Africa)

Mozambique President Filipe Nyusi announced that the country’s armed forces, with the help of Rwanda and the Southern African Development Community (SADC) forces, have reclaimed nearly all areas that were seized by militants in Cabo Delgado province. (All Africa News)

International News

 Salvadoran President Nayib Bukele stepped in on Wednesday to manage the fraught roll-out of a payments app that underpins the nation’s adoption of bitcoin as legal tender, and called on users to report any problems on his Twitter feed. (Reuters)

European stocks may drift lower at open on Thursday as investors assess the blow to the global economy from the continuing spread of new coronavirus variants. (RTT News)

A fire tore through an overcrowded block of a jail in Indonesia’s western Banten province in the early hours of Wednesday morning, killing at least 41 people and injuring dozens. (Aljazeera News)

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