NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | – | – | 0% |
SA Dual Listed | 276 642 | 6 611 865 | 100% |
ETFs | – | – | 0% |
Total | 276 642 | 6 611 865 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 6 611 865 worth of shares was traded on the NSX on Friday, with about N$ 3 274 740 worth of Old Mutual Ltd, N$ 2 332 614 worth of Oceana Group Limited and N$ 1 004 512 worth of Investec Limited. No trading activities took place on the home front and no ETFs were traded on Friday as well.
HEI Equity Research Commentary
From the trading activity that took place:
- An end of a good market performance streak stimulates investors to dump Old Mutual’s shares.
- Upward trend in Oceana Group’s share price resulted in more shares to be purchased.
- As time passed, Investec’s performance data displays a positive trend, encouraging more to buy its shares.
- On the NSX, locally traded shares have not emerged yet, as low market liquidity continue to influence investor’s decision making into buying shares on the Namibian stock market.
.
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 | 614.22 | 628.50 | 2.32% |
Barloworld Limited | BWL | 107.01 | 108.08 | 1.00% |
Oceana Group Limited | OCG | 65.62 | 68.42 | 4.27% |
Mediclinic International Plc | MEP | 62.50 | 63.28 | 1.25% |
Truworths | TRW | 65.80 | 64.41 | -2.11% |
Nedbank Group Limited | NBK | 179.24 | 180.39 | 0.64% |
Standard Bank Group | SNB | 146.51 | 146.02 | -0.33% |
Shoprite Holdings | SRH | 179.27 | 178.25 | -0.57% |
FirstRand Limited | FST | 59.89 | 60.82 | 1.55% |
Momentum Metropolitan Holdings | MMT | 19.50 | 19.49 | -0.05% |
Old Mutual Ltd | OMM | 14.63 | 14.59 | -0.27% |
Sanlam Limited | SLA | 64.00 | 63.61 | -0.61% |
Santam Limited | SNM | 248.97 | 284.88 | 14.42% |
Vukile Property Fund Limited | VKN | 11.08 | 11.55 | 4.24% |
Investec Limited | IVD | 60.58 | 60.75 | 0.28% |
PSG Konsult Limited | KFS | 11.25 | 11.50 | 2.22% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 250.33 | 249.97 | -0.14% |
New Gold Palladium ETF | 345.03 | 347.37 | 349.63 | 0.65% |
New Gold Platinum ETF N | NGNPLT | 142.43 | 143.70 | 0.89% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.71 |
EUR/ZAR | 17.36 |
GBP/ZAR | 20.25 |
EUR/GBP | 0.85 |
EUR/USD | 1.18 |
GBP/USD | 1.37 |
AUD/USD | 0.73 |
USD/JPY | 109.77 |
Commodities | |
Gold | 1 822.40 |
Silver | 24.14 |
Platinum | 1 012.00 |
Palladium | 2 427.50 |
WTI | 69.03 |
Brent | 72.39 |
Table 5: Exchange Rates and Commodities
Local News
Local economist urges the Namibian Investment and Development Board to “stay in its lane”. (Namibian Sun)
Agriculture minister Calle Schlettwein warns that a lack of wealth for women involved in the agriculture sector needs to be addressed. (New Era Newspaper)
Public enterprises minister Leon Jooste says the government has paid N$1,6 billion to terminate a contract with an American company that leased aircraft to Air Namibia. (The Namibian)
Sub-Sahara News
In South Africa, President Cyril Ramaphosa is likely to update Parliament on progress in the implementation of South Africa’s Economic Reconstruction and Recovery Plan this coming Friday. (News24)
Zambia’s newly-appointed finance minister on Friday pledged to conclude talks with the IMF on a lending program by October. (CNBC Africa)
Genetically Changed Mosquitoes Could Transform Africa’s Long Fight Against Malaria (All Africa News)
International News
Oil prices rose around 1% on Monday after a powerful hurricane ploughed through the Gulf of Mexico, forcing shutdowns and evacuations of hundreds of offshore oil platforms. (Reuters)
Asian stock markets are trading in the green on Monday, following the broadly positive cues from Wall Street on Friday (RTT News)
Vice President Kamala Harris has declared as she concluded a trip to Southeast Asia. (Aljazeera News)