NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 1 786 813 | 65 155 388 | 99.19% |
ETFs | 3 575 | 533 926 | 0.81% |
Total | 1 790 388 | 65 689 314 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 65 155 388 worth of shares was traded on the NSX on Thursday, with about N$ 19 875 300 worth of Momentum Metropolitan Holdings, N$ 11 352 596 worth of Truworths and N$ 8 708 914 worth of Firstrand Limited and N$ 20 519 worth of Oryx Properties traded on the home front. ETFs worth N$ 533 926 were traded on Thursday.
HEI Equity Research Commentary
From the trading activity that took place:
- Momentum Metropolitan shares were viciously sold off by market participants.
- Truworth’s shares were sold by market participants, resulting into a drastic decline in their share price.
- Firstrand Limited shares were astonishingly acquired by interested investors who want to reap good yields in future.
- On the NSX home front, Oryx Properties shares were traded, resulting to an increase in share prices.
- New Gold Platinum ETF was bought for the first time in 3 months.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 34.12 | 34.62 | 1.47% |
Nictus Holdings | NHL | 1.80 | 1.80 | 0.00% |
Capricorn | CGP | 13.23 | 13.23 | 0.00% |
First Rand Namibia | FNB | 29.02 | 29.03 | 0.03% |
Standard Bank Namibia | SNO | 6.45 | 6.45 | 0.00% |
Oryx Limited | ORY | 10.98 | 10.97 | -0.09% |
Letshego | LHN | 1.99 | 1.99 | 0.00% |
Namibia Asset Management | NAM | 0.66 | 0.66 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.01 | 12.75 | 6.16% |
Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0.00% |
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 | 567.00 | 572.85 | 1.03% |
Barloworld Limited | BWL | 126.50 | 127.13 | 0.50% |
Oceana Group Limited | OCG | 61.57 | 63.07 | 2.44% |
Mediclinic International Plc | MEP | 69.06 | 69.95 | 1.29% |
Truworths | TRW | 53.38 | 52.97 | -0.77% |
Nedbank Group Limited | NBK | 173.68 | 173.10 | -0.33% |
Standard Bank Group | SNB | 137.80 | 134.52 | -2.38% |
Shoprite Holdings | SRH | 183.25 | 181.94 | -0.71% |
FirstRand Limited | FST | 58.53 | 52.97 | -9.50% |
Momentum Metropolitan Holdings | MMT | 20.13 | 19.73 | -1.99% |
Old Mutual Ltd | OMM | 15.63 | 15.56 | -0.45% |
Sanlam Limited | SLA | 62.64 | 62.81 | 0.27% |
Santam Limited | SNM | 255.37 | 250.30 | -1.99% |
Vukile Property Fund Limited | VKN | 12.36 | 12.60 | 1.94% |
Investec Limited | IVD | 67.85 | 69.05 | 1.77% |
PSG Konsult Limited | KFS | 13.25 | 13.39 | 1.06% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 251.85 | 254.13 | 0.91% |
New Gold Palladium ETF | NGNPLD | 288.16 | 291.16 | 1.04% |
New Gold Platinum ETF N | NGNPLT | 147.71 | 149.46 | 1.18% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 15.12 |
EUR/ZAR | 17.67 |
GBP/ZAR | 20.87 |
EUR/GBP | 0.84 |
EUR/USD | 1.15 |
GBP/USD | 1.16 |
AUD/USD | 0.75 |
USD/JPY | 113.58 |
Commodities | |
Gold | 1 801 |
Silver | 24.14 |
Platinum | 1 021 |
Palladium | 1 991 |
WTI | 82.83 |
Brent | 83.91 |
Table 5: Exchange Rates and Commodities
Local News
Nearly zeven out of every ten people sampled by the Namibia Statistics Agency (NSA) were jobless even before the pandemic. (Namibian Sun)
Global Credit Rating (GCR), in its recent review of Bank Windhoek, a member of Capricorn Group, affirmed the Namibian long and short-term issuer ratings of Bank Windhoek Limited at AA (NA)/A1+(NA) (New Era Newspaper)
The Ministry of Mines and Energy has confirmed that fuel prices will increase by 50 cents a litre for petrol and 70 cents a litre for diesel, effective from 3 November 2021 (The Namibian)
Sub-Sahara News
In South Africa, Parts of Johannesburg have been experiencing extended outages following stage 4 load shedding, with the city’s resources stretched due to the frequency of turning electricity supply on and off.. (News24)
Datatec announced a special cash dividend of $70 million benefit from Covid-19. The group recorded a 294 per cent increase in headline earnings to 6.3, with revenue advancing by 15 per cent jump. (CNBC Africa)
The leader of Sudan’s military junta has fired at least six ambassadors from their posts after they spoke out against this week’s overthrow of the joint civilian-military transitional government (All Africa News)
International News
Supply chain woes cost Apple Inc (AAPL.O) $6 billion in sales during the company’s fiscal fourth quarter (Reuters)
Asian stocks recouped early losses to end on a flat note Friday, as embattled developer China Evergrande Group made a bond payment just before a 30-day grace period expired. (RTT News)
The US Treasury slapped sanctions on prominent Lebanese tycoons Jihad al-Arab and Dany Khoury and lawmaker Jamil Sayyed for allegedly benefitting from corruption and adding to the breakdown of the rule of law in their country (Aljazeera News)