NSX Daily Update(25 August 2021)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Locals 23 282 39 579 0.62%
SA Dual Listed 245 156 6 372 925 99.38%
ETFs 0%
Total 268 438 6 412 504 100%

Table 1: NSX Trades


NSX Activities

A total of N$ 6 412 504 worth of shares was traded on the NSX on Wednesday, with about N$ 4 643 407 worth of Oceana Group, N$ 1 689 938 worth of Vukile Property Fund and N$ 39 579 worth of Letshego Holdings Namibia on home front. No ETFs were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • A huge sell-off of Oceana Group’s shares emerged leaving a decline in share price.
  • Despite the steady market performance in Vukile Property Fund, shares were sold off.
  • Letshego shares were continuously bought at market price.
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 616.98 620.78 0.62%
Barloworld Limited BWL 107.74 107.61 -0.12%
Oceana Group Limited OCG 67.00 66.00 -1.49%
Mediclinic International Plc MEP 61.65 61.65 0.00%
Truworths TRW 65.98 66.57 0.89%
Nedbank Group Limited NBK 177.87 177.87 0.00%
Standard Bank Group SNB 144.52 145.58 0.73%
Shoprite Holdings SRH 181.84 181.84 0.00%
FirstRand Limited FST 59.60 59.82 0.37%
Momentum Metropolitan Holdings MMT 19.80 19.71 -0.45%
Old Mutual Ltd OMM 14.54 14.56 0.14%
Sanlam Limited SLA 63.49 63.90 0.65%
Santam Limited SNM 256.58 250.92 -2.21%
Vukile Property Fund Limited VKN 11.32 11.11 1.86%
Investec Limited IVD 60.19 60.19 0.00%
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 253.21 250.25 -1.17%
New Gold Palladium ETF 345.03 359.35 355.05 -1.20%
New Gold Platinum ETF N NGNPLT 147.82 144.08 -2.53%

Table 4: ETFs

Exchange Rates  
USD/ZAR 14.96
EUR/ZAR 17.56
GBP/ZAR 20.58
EUR/GBP 0.85
EUR/USD 1.17
GBP/USD 1.37
AUD/USD 0.72
USD/JPY 110.01
Commodities  
Gold 1 792.85
Silver 23.86
Platinum 992.80
Palladium 2 427
WTI 68.02
Brent 71.00

Table 5: Exchange Rates and Commodities 


Local News

Agriculture minister, Calle Schietwein commented on Namibia’s ability to produce quality products that can compete in the best-paying markets. (Namibian Sun)

The Namibian Investment Promotion and Development Board (NIPDB) is disturbed by a severe skills shortage in Namibia and is keen on ensuring the country develops competitive expertise required by investors (New Era Newspaper)

The Ministry of Gender Equality, Poverty Eradication and Social Welfare has revealed that more than 30 000 orphans and vulnerable children have not received their monthly grant payments since 2018. (The Namibian)

Sub-Sahara News

Satrix will soon list an ETF in SA as infrastructure investment takes global stage. (News24)

A Nigerian tax tribunal ordered the local unit of South Africa’s pay-tv company Multichoice to pay 50% of a disputed 1.8 trillion-naira ($4.38 billion) tax bill relating to previous years (CNBC Africa)

According to the United Nations, Madagascar is on the brink of experiencing the world’s first “climate change famine”. (BBC News)

International News

The U.S. embassy in Kabul advised U.S. citizens not to travel to the Hamid Karzai International Airport at this time, according to an embassy security alert issued on Wednesday. (Reuters)

U.S. stocks closed higher, extending recent uptrend amid continued optimism about growth and on hopes the Federal Reserve might not begin tapering its bond-buying program anytime soon (RTT News)

A contingent of Wall Street veterans and high-level Chinese government officials are preparing for talks again, as business leaders work outside of the Biden administration for greater access to the world’s most populous country. (Aljazeera News)

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