NSX Daily Update(16 August 2021)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Locals 800 27 208 1%
SA Dual Listed 54 511 2 938 187 99%
ETFs 0%
Total 55 311 2 965 395 100%

Table 1: NSX Trades


NSX Activities

A total of N$ 2 965 395 worth of shares was traded on the NSX on Monday, with about N$ 686 273 worth of Anglo- American, N$ 117 703 worth of Shoprite Holdings, N$ 305 485 worth of Old Mutual Limited and N$ 27 208 worth of Namibia Breweries on the home front. No ETFs were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • It looks like an end of the bullish market gains for Anglo- American, as shares continue to being sold.
  • With the withering of the unrest in South Africa, retail shopping increases boasting the buying of Shoprite Holdings.
  • As insurance claims from unrest lowers, more investors buy Old Mutual’s shares with a positive outlook for the future.
  • Relaxed measures of Covid-19 protocols in Namibia, potential in the demand of beverages could have caused the buying of Namibian Breweries shares.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 34.00 34.01 0.01%
Nictus Holdings NHL 1.80 1.80 0%
Capricorn CGP 12.94 12.94 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 688.94 676.66 -1.78%
Barloworld Limited BWL 106.17 108.43 2.13%
Oceana Group Limited OCG 62.59 63.98 2.22%
Mediclinic International Plc MEP 57.87 59.09 2.11%
Truworths TRW 60.68 62.81 3.51%
Nedbank Group Limited NBK 174.30 176.70 1.38%
Standard Bank Group SNB 131.26 134.33 2.34%
Shoprite Holdings SRH 165.60 167.98 1.44%
FirstRand Limited FST 57.55 59.57 3.51%
Momentum Metropolitan Holdings MMT 19.70 20.19 2.49%
Old Mutual Ltd OMM 13.47 13.71 1.78%
Sanlam Limited SLA 59.90 62.11 3.69%
Santam Limited SNM 245.26 251.71 2.63%
Vukile Property Fund Limited VKN 11.30 11.30 0.00%
Investec Limited IVD 57.80 58.23 0.74%
PSG Konsult Limited KFS 10.92 10.95 0.27%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 244.52 247.26 1.12%
New Gold Palladium ETF NGNPLD 379.11 370.61 -2.24%
New Gold Platinum ETF N NGNPLT 146.75 145.93 -0.56%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.83
EUR/ZAR 17.46
GBP/ZAR 20.53
EUR/GBP 0.85
EUR/USD 1.17
GBP/USD 1.38
AUD/USD 0.73
USD/JPY 109.24
Commodities  
Gold 1 789.25
Silver 23.863
Platinum 1 021.40
Palladium 2 601.00
WTI 67.25
Brent 69.58

Table 5: Exchange Rates and Commodities 


Local News

A seal product factory based in Henties Bay faces financial predicaments threating its existence.  (New Era Newspaper)

Domestic growth is projected to increase to 1.4% and 3.4 % in 2021 and 2022, respectively, from a contraction of 8.0% in 2020 (Namibian Sun)

The Ministry of Public Enterprises has appointed the accounting firm, Ernst & Young to investigate the affairs of TransNamib. (The Namibian)

Sub-Sahara News

In South Africa, the high court in Johannesburg has declared that Eskom’s award of a tender to perform control and instrumentation maintenance at Camden Power Station in Mpumalanga to Senta Square was unlawful. (TimesLive News)

 South African lender Absa has put on ice plans to expand into new business lines in Nigeria. (CNBC Africa)

Egypt, Japan foreign ministers discuss cooperation to solve regional issues. (African News)

International News

In the USA, Biden defends Afghanistan decision, blames Afghan army’s unwillingness to fight. (Reuters)

UN Security Council calls for talks to form new Afghan government. (Aljazeera News)

In Asia, stock markets are trading mixed on Tuesday, following the mixed cues from Wall Street overnight, with a drop in crude oil prices and the surge in the spread of the delta variant of coronavirus (RTT News)

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