NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 20 000 | 34 000 | 0.02% |
SA Dual Listed | 2 010 276 | 200 987 822 | 99.95% |
ETFs | 367 | 69 322 | 0.03% |
Total | 2 030 643 | 201 091 144 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 201 091 144 worth of shares was traded on the NSX on Tuesday, with about N$ 10 114 185 worth of Sanlam Limited, N$ 15 633 468 worth of Investec Limited and N$ 34 000 worth of Letshego Holdings Namibia on home front. ETFs worth N$ 69 322 were traded on Tuesday.
HEI Equity Research Commentary
From the trading activity that took place:
- A big dive in Sanlam Limited market performance caused a dump in its shares.
- Despite the steady rise in Investec’s performance, shares were sold due to a possible income investing strategies.
- Letshego shares were bought at market price.
- Both EFTs were sold severely as poor performance continues to haunt all listed ETFs.
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 | 610.19 | 616.98 | 1.11% |
Barloworld Limited | BWL | 107.88 | 107.74 | -0.13% |
Oceana Group Limited | OCG | 65.84 | 67.00 | 1.76% |
Mediclinic International Plc | MEP | 61.45 | 61.65 | 0.33% |
Truworths | TRW | 66.81 | 65.98 | -1.24% |
Nedbank Group Limited | NBK | 174.81 | 177.87 | 1.75% |
Standard Bank Group | SNB | 140.20 | 144.52 | 3.08% |
Shoprite Holdings | SRH | 140.20 | 144.52 | 2.60% |
FirstRand Limited | FST | 59.90 | 59.60 | -0.50% |
Momentum Metropolitan Holdings | MMT | 19.57 | 19.80 | 1.18% |
Old Mutual Ltd | OMM | 14.23 | 14.54 | 2.18% |
Sanlam Limited | SLA | 63.51 | 63.49 | -0.03% |
Santam Limited | SNM | 251.98 | 256.58 | 1.83% |
Vukile Property Fund Limited | VKN | 11.54 | 11.32 | -1.91% |
Investec Limited | IVD | 60.22 | 60.19 | -0.05% |
PSG Konsult Limited | KFS | 11.30 | 11.30 | 0.00% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 255.98 | 253.21 | -1.08% |
New Gold Palladium ETF | 345.03 | 355.17 | 359.35 | 1.18% |
New Gold Platinum ETF N | NGNPLT | 149.30 | 147.82 | -0.99% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 15.01 |
EUR/ZAR | 17.65 |
GBP/ZAR | 20.61 |
EUR/GBP | 0.85 |
EUR/USD | 1.17 |
GBP/USD | 1.37 |
AUD/USD | 0.72 |
USD/JPY | 109.68 |
Commodities | |
Gold | 1 804.55 |
Silver | 23.85 |
Platinum | 1 008.75 |
Palladium | 2 463.00 |
WTI | 67.58 |
Brent | 70.45 |
Table 5: Exchange Rates and Commodities
Local News
Finance minister, Iipumbu Shiimi said that the government is looking to diversify its economy and take away its reliance in the mining sector. (Namibian Sun)
Namibia Chamber of Commerce and Industry (NCCI) and the Namibian Investment Promotion and Development Board (NIPDB) are working together to promote economic growth in the country. (New Era Newspaper)
The Development Bank of Namibia’s chief executive officer, Martin Inkumbi, has suggested the establishment of a national equity fund to aid financially struggling companies. (The Namibian)
Sub-Sahara News
Stats SA released the Quarterly Labour Force Survey (QLFS) for the second quarter on Tuesday. This is the highest unemployment rate of 34.4% recorded since the survey started in 2008. (News24)
Nigeria has recently approved China’s Sinopharm vaccine against COVID-19, (CNBC Africa)
Zambia’s veteran opposition leader Hakainde Hichilema has been sworn in as president in front of a packed stadium in the capital, Lusaka. (BBC News)
International News
The United States could get COVID-19 under control by early next year if vaccinations ramp up, Dr. Anthony Fauci said on Tuesday (Reuters)
US officials have said the withdrawals of troops must begin no later than Friday to be completed by 31 August (The Guardian)
The UN refugee agency is urging Poland to take in a group of migrants believed to be from Iraq and Afghanistan who have been stranded on the border with Belarus for more than two weeks. (Aljazeera News)