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)