NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 230 872 | 6 921 543 | 23.47% |
SA Dual Listed | 437 616 | 22 574 663 | 76.53% |
ETFs | – | – | 0% |
Total | 668 488 | 29 496 206 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 29 496 206 worth of shares was traded on the NSX on Thursday with about N$ 5 265 996 worth of Truworths, N$ 1 794 787 worth of Momentum Metropolitan and N$ 6 921 663 worth of FirstRand Namibia on the home front. No ETFs were recorded on Thursday.
HEI Equity Research Commentary
From the trading activity that took place:
- Upward trend in the demand of Truworth’s shares continue as market conditions becomes more favorable.
- After good market performance, large volumes of Momentum Metropolitan’s shares were dumped, dragging its share price to the ground.
- On the NSX primary listing, FirstRand Namibia’s shares were traded in large volumes on two conservative times aimed the good financial results.
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 | 12.85 | 12.85 | 0% |
First Rand Namibia | FNB | 29.98 | 29.98 | 0% |
Standard Bank Namibia | SNO | 6.48 | 6.48 | 0% |
Oryx Limited | ORY | 11.40 | 11.40 | 0% |
Letshego | LHN | 2.00 | 2.00 | 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 | 591.44 | 565.31 | -4.42% |
Barloworld Limited | BWL | 94.66 | 96.57 | 2.02% |
Oceana Group Limited | OCG | 63.54 | 63.72 | 0.28% |
Mediclinic International Plc | MEP | 63.50 | 64.93 | 2.25% |
Truworths | TRW | 54.29 | 54.79 | 0.92% |
Nedbank Group Limited | NBK | 175.06 | 170.45 | -2.63% |
Standard Bank Group | SNB | 145.29 | 139.67 | -3.87% |
Shoprite Holdings | SRH | 182.10 | 180.85 | -0.69% |
FirstRand Limited | FST | 61.62 | 59.82 | -2.92% |
Momentum Metropolitan Holdings | MMT | 19.71 | 19.49 | -1.12% |
Old Mutual Ltd | OMM | 16.20 | 15.47 | -4.51% |
Sanlam Limited | SLA | 63.38 | 62.22 | -1.83% |
Santam Limited | SNM | 241.08 | 239.46 | -0.67% |
Vukile Property Fund Limited | VKN | 11.53 | 11.69 | 1.39% |
Investec Limited | IVD | 57.19 | 57.88 | 1.21% |
PSG Konsult Limited | KFS | 11.15 | 11.26 | 0.99% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 242.20 | 239.15 | -1.26% |
New Gold Palladium ETF | NGNPLD | 280.01 | 288.39 | 2.99% |
New Gold Platinum ETF N | NGNPLT | 131.20 | 132.04 | 0.64% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.61 |
EUR/ZAR | 17.18 |
GBP/ZAR | 20.14 |
EUR/GBP | 0.85 |
EUR/USD | 1.18 |
GBP/USD | 1.37 |
AUD/USD | 0.73 |
USD/JPY | 109.87 |
Commodities | |
Gold | 1 755.65 |
Silver | 22.82 |
Platinum | 929.00 |
Palladium | 1 994.50 |
WTI | 72.62 |
Brent | 75.69 |
Table 5: Exchange Rates and Commodities
Local News
Namibian Statistics Agency (NSA) released data indicating that the annual inflation rate increased from 2.4% recorded for August 2020 to 3.4% for August 2021. (Namibian Sun)
Trigon Mining Namibia, which was handed the license to re-operationalize the Kombat mine. (New Era Newspaper)
Namibia’s dairy industry is fighting for survival in the face of decreasing production volumes and a high-cost regime pushing producers out of the sector (The Namibian)
Sub-Sahara News
In South Africa, President Ramaphosa stated that the lockdown will end once “sustainable sectorial regulatory measures for Covid-19 response are in place” (News24)
Sibanye Stillwater Ltd is buying half of Pioneer Ltd’s Nevada lithium mine project for $490 million, one of the largest deals ever for U.S. supply of the electric vehicle battery metal as demand is set to soar later this decade. (CNBC Africa)
As of September 16, confirmed cases of Covid-19 from 55 African countries reached 8 101 211 while over 79 280 855 vaccinations have been administered across the continent (All Africa News)
International News
Australia and the United States announced expanded military cooperation, a day after announcing a submarine deal denounced by China. (Reuters)
Asian stock markets are trading mostly higher on Friday, ignoring the broadly negative cues overnight from Wall Street (RTT News)
Russians in the Far East have begun voting in a three-day parliamentary election. (Aljazeera News)