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)