NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Locals | 17 925 | 230 620 | 0.46% |
SA Dual Listed | 48 355 | 2 498 429 | 4.94% |
ETFs | 242 227 | 47 835 465 | 94.60% |
Total | 308 507 | 50 564 514 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 50 564 514 worth of shares was traded on the NSX on Tuesday, with about N$ 1 217 310 worth of Shoprite Holdings, N$ 243 038 worth of Anglo American and N$ 229 596 worth of Old Mutual and N$ 230 620 worth of Capricorn Group Limited on the home front. ETFs worth N$ 47 835 465 were traded on Tuesday
HEI Equity Research Commentary
From the trading activity that took place:
- A rising trend in Shoprite’s market performance inspires more investors to buy its shares.
- Sell-off curve emerges in Anglo-American shares.
- Old Mutual’s shares were bought increasing the value of its share.
- Capricorn Group’s shares get dumps as no changes occurs in market performance.
- Both New Gold Palladium and New Gold Platinum ETFs were vigorously sold off by investors which contributed about 90% of trading activities on the stock market.
- To summarize on the NSX, a huge sell-off in Capricorn group occurred while other locally listed companies remains dormant for the time being.
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 | 12.87 | -1% |
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 | 631.00 | 613.20 | -2.82% |
Barloworld Limited | BWL | 106.66 | 107.94 | 1.20% |
Oceana Group Limited | OCG | 65.21 | 66.50 | 1.98% |
Mediclinic International Plc | MEP | 62.86 | 62.50 | -0.57% |
Truworths | TRW | 65.44 | 67.10 | 2.54% |
Nedbank Group Limited | NBK | 178.93 | 185.00 | 3.39% |
Standard Bank Group | SNB | 146.13 | 148.71 | 1.77% |
Shoprite Holdings | SRH | 180.22 | 183.85 | 2.01% |
FirstRand Limited | FST | 60.51 | 61.89 | 2.28% |
Momentum Metropolitan Holdings | MMT | 19.52 | 19.77 | 1.28% |
Old Mutual Ltd | OMM | 14.57 | 15.36 | 5.42% |
Sanlam Limited | SLA | 63.98 | 64.44 | 0.72% |
Santam Limited | SNM | 246.18 | 248.75 | 1.04% |
Vukile Property Fund Limited | VKN | 11.54 | 11.89 | 3.03% |
Investec Limited | IVD | 61.22 | 61.75 | 0.87% |
PSG Konsult Limited | KFS | 11.25 | 11.27 | 0.18% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 248.14 | 245.37 | -1.12% |
New Gold Palladium ETF | 345.03 | 351.33 | 350.27 | -0.30% |
New Gold Platinum ETF N | NGNPLT | 142.48 | 141.65 | -0.58% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.52 |
EUR/ZAR | 17.15 |
GBP/ZAR | 19.98 |
EUR/GBP | 0.85 |
EUR/USD | 1.18 |
GBP/USD | 1.37 |
AUD/USD | 0.73 |
USD/JPY | 109.84 |
Commodities | |
Gold | 1 816.85 |
Silver | 23.93 |
Platinum | 1 010.80 |
Palladium | 2 467.25 |
WTI | 68.53 |
Brent | 71.69 |
Table 5: Exchange Rates and Commodities
Local News
The Windhoek High Court consents the Meat Board of Namibia to join the provocative red line removal case. (Namibian Sun)
The health authorities reported zero Covid-19 deaths for the first time in over four months. (New Era Newspaper)
Nam Power starts with the construction of the new Auas-Gerus transmission line (The Namibian)
Sub-Sahara News
In South Africa, The ANC has withdrawn its application to the electoral court. (News24)
Johnson & Johnson’s experimental vaccine failed to provide sufficient protection against HIV in sub-Saharan Africa. (CNBC Africa)
The signing of a legal framework agreement between Nigeria and Russia would offer for Russia to supply Nigeria with military equipment and training (All Africa News)
International News
The United States last week issued a license authorizing it and its partners to continue to facilitate humanitarian aid in Afghanistan,. (Reuters)
European stocks are expected to open cautious amidst an anxious wait to the U.S. Fed’s virtual conference later in the week. (RTT News)
Oil in New York is headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida. (Aljazeera News)