NSX Daily Update(19 August 2021)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Locals 98.00 2 939 0.001%
SA Dual Listed 488 865 23 675 568 99.99%
ETFs 0%
Total 488 963 23 678 507 100%

Table 1: NSX Trades


NSX Activities

A total of N$ 23 678 507 worth of shares was traded on the NSX on Thursday, with about N$ 7 790 061 worth of Investec Limited, N$ 4 874 183 worth of Momentum Metropolitan Holdings, N$ 3 685 930 worth of Nedbank Group Limited. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Thursday’s trading day was the ‘bloodiest’ since October 2020, where stocks were inevitably sold off, thus was caused by global stock market weakness, especially in China and the fears over raising interests.
  • Short-sellers brutally sold off shares in Investec Limited.
  • After good market performance the ‘domino effect’ on the global market events resulted in the selling of Momentum Metropolitan Holdings’ shares.
  • It was a disappointing day for NedBank Group as shares were drastically sold off.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 34.01 34.01 0%
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 624.15 603.93 -3.24%
Barloworld Limited BWL 109.84 108.00 -1.68%
Oceana Group Limited OCG 64.50 66.80 3.57%
Mediclinic International Plc MEP 60.50 59.99 -0.84%
Truworths TRW 66.87 66.13 -1.11%
Nedbank Group Limited NBK 177.54 172.28 -2.96%
Standard Bank Group SNB 137.97 136.24 -1.25%
Shoprite Holdings SRH 168.00 166.99 -0.60%
FirstRand Limited FST 59.96 59.19 -1.28%
Momentum Metropolitan Holdings MMT 19.96 19.36 -3.01%
Old Mutual Ltd OMM 14.27 14.04 -1.61%
Sanlam Limited SLA 64.50 63.59 -1.41%
Santam Limited SNM 256.55 251.27 -2.06%
Vukile Property Fund Limited VKN 10.99 11.20 1.91%
Investec Limited IVD 58.37 58.20 -0.29%
PSG Konsult Limited KFS 11.50 11.25 -2.17%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 249.60 252.85 1.30%
New Gold Palladium ETF NGNPLD 354.05 354.03 -0.01%
New Gold Platinum ETF N NGNPLT 144.53 142.73 -1.25%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.20
EUR/ZAR 17.75
GBP/ZAR 20.73
EUR/GBP 0.85
EUR/USD 1.16
GBP/USD 1.36
AUD/USD 0.71
USD/JPY 109.75
Commodities  
Gold 1 783.05
Silver 23.230
Platinum 968.75
Palladium 2 304.50
WTI 63.87
Brent 66.51

Table 5: Exchange Rates and Commodities 


Local News

Senior researcher, Indileni Nanghonga, at AgriBank encourages young people to search for information and visit the bank for further directions on different products that may be suitable for them. (New Era Newspaper)

The former health minister Dr Bernard Haufiku says they will prioritize medical research and promote access to quality healthcare at former Ramatax textile factory.(Namibian Sun)

Minister of Finance Iipumbu Shiimi has defended the classification of the Namibia Revenue Authority (Namra) as one of the country’s top-earning parastatals. (The Namibian)

Sub-Sahara News

Eskom withdraws their services in some Gauteng areas due to protests that had barricaded the roads, preventing access to the utility’s offices. (News24)

South Africa will open up Covid-19 vaccinations to those aged between 18 and 35 years old as of today.(CNBC Africa)

President of Nigeria, Muhammadu Buhari signed the Petroleum Industry Bill into law and appointed a committee to implement the Act.  (All Africa)

International News

In the USA, U.S. economic growth for the second quarter is likely to be revised higher following a recent raft of stronger than initially thought data covering that period, which reflected the economy’s reopening amid improved public health. (Reuters)

The Taliban have stepped up their search for people who worked for NATO forces or the previous Afghan government, a UN document has warned. (BBC News)

Australian authorities have begun handing out emergency supplies of COVID-19 vaccines in the Sydney suburbs worst hit by an outbreak of the fast-moving Delta variant (Aljazeera News)

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