NSX DAILY UPDATE(18 OCTOBER 2021)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 111 691  23 810 678 33.05%
ETFs  248 429  48 225 579 66.95%
Total  360 120  72 036 257  100%

Table 1: NSX Trades


NSX Activities

A total of N$ 23 810 678 worth of shares was traded on the NSX on Monday, with about N$ 1 833 946 worth of FirstRand Limited, N$  1 080 793 worth of Oceana Group and N$  457 558  worth of Standard Bank Group and N$  5 802 worth of FirstRand Namibia on the home front. ETFs worth N$ 48 225 579 was traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • FirstRand’s shares continues being sold by market participants.
  • Shares in Oceana Group were offloaded by market participants, producing a drop in share price.
  •  Standard Bank’s shares were traded at market price.
  • On the home front, FirstRand Namibia was traded at market price.
  • Both New Gold Palladium and New Gold Platinum ETFs were traded in bulk after a long time being dormant.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 34.12 34.12 0.00%
Nictus Holdings NHL 1.80 1.80 0.00%
Capricorn CGP 13.47 13.44 -0.22%
First Rand Namibia FNB 29.01 29.01 0.00%
Standard Bank Namibia SNO 6.45 6.45 0.00%
Oryx Limited ORY 10.99 10.99 0.00%
Letshego LHN 2.00 2.00 0.00%
Namibia Asset Management NAM 0.66 0.66 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.00 12.00 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

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 589.60 570.87 -3.18%
Barloworld Limited BWL 126.00 127.45 1.15%
Oceana Group Limited OCG 62.37 61.74 -1.01%
Mediclinic International Plc MEP 69.84 69.34 -0.72%
Truworths TRW 55.29 55.16 -0.24%
Nedbank Group Limited NBK 174.87 178.92 2.32%
Standard Bank Group SNB 137.39 138.41 0.74%
Shoprite Holdings SRH 182.64 182.65 0.01%
FirstRand Limited FST 59.31 59.10 -0.35%
Momentum Metropolitan Holdings MMT 20.80 20.86 0.29%
Old Mutual Ltd OMM 15.70 15.94 1.53%
Sanlam Limited SLA 60.35 61.63 2.12%
Santam Limited SNM 250.39 250.96 0.23%
Vukile Property Fund Limited VKN 11.79 11.92 1.10%
Investec Limited IVD 67.15 68.15 1.49%
PSG Konsult Limited KFS 12.20 12.66 3.77%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 242.81 243.29 0.20%
New Gold Palladium ETF NGNPLD 295.01 286.35 -2.94%
New Gold Platinum ETF N NGNPLT 149.90 148.17 -1.15%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.64
EUR/ZAR 17.05
GBP/ZAR 20.03
EUR/GBP 0.84
EUR/USD 1.15
GBP/USD 1.34
AUD/USD 0.74
USD/JPY 114.13
Commodities  
Gold 1 775
Silver 23.51
Platinum 1 048
Palladium 2 027.50
WTI 81.70
Brent 84.28

Table 5: Exchange Rates and Commodities 


Local News

Former economic advisor to the president and GIZ economist John Steytler says there is an urgent need to reform Namibia’s commercial public enterprise (PEs) considering their significance on the economy (Namibian Sun)

The board of the Agricultural Bank of Namibia has confirmed the appointment of Dr Raphael Karuaihe as the incoming CEO of Agribank with effect from 10 January 2022. (New Era Newspaper)

Prince Harry has warned that the ongoing oil drilling in Namibia’s Kavango regions would lead to irreversible and devastating damage to the environment which supports the livelihoods of more than one million people. (The Namibian)

Sub-Sahara News

In South Africa, The DA accused the University of Stellenbosch for using Covid-19 as a ploy to do away with Afrikaans, saying it planned to launch court action against the management of the university this week

South Africa’s two biggest mobile operators, MTN and Vodacom, have joined number three Telkom in a lawsuit to stop the regulator withdrawing temporary frequency spectrum assigned at the start of the COVID-19 outbreak. (CNBC Africa)

Thousands of people took to the streets of Abuja on Saturday to march against breast cancer. The event, dubbed #WalkAwayCancer, was organized by the Medicaid Cancer Foundation (MCF), one of several NGOs in Nigeria which works to raise awareness of the disease.(All Africa News)

International News

Sydney will open up to fully vaccinated international travelers from Nov. 1 without the need for quarantine, bringing forward a full return of overseas travel (Reuters)

Asian stocks retreated on Tuesday as inflation worries persisted and Evergrande’s debt troubles sent shockwaves across the region (RTT News)

Hundreds of people have protested in Bangladesh’s capital Dhaka, calling for an end to religious violence that has gripped the country for four days, leading to at least six deaths and several injured (Aljazeera News)

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