NSX DAILY UPDATE (22 JUNE 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall206,607 12,652,966100.00%
ETFs –   –  0.00%
Total 206,607 12,652,966 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 12,652,966 worth of shares was traded on the NSX on Wednesday with about N$ 395,447 worth of Shoprite Holdings, and N$ 1,287,080 worth of Namibia Breweries on the home front. No ETFs were traded on Wednesday

HEI Equity Research Commentary

From the trading activity that took place:

  • Shares in Shoprite Holdings were subscribed, resulting in a decrease in share price
  • On the local NSX listing, shares belonging to Namibia Breweries were traded with no change in share price.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS40.0040.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP12.8012.800.00%
First Rand NamibiaFNB30.5030.500.00%
Standard Bank NamibiaSNO4.254.250.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN3.003.000.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8012.800.00%
Mobile Telecommunication CompanyMOC7.907.900.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades


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NameSouth African Dual Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM656.49631.57-3.80%
B2Gold CorporationB2G57.7958.771.70%
Oceana Group LimitedOCG52.1448.25-7.46%
Mediclinic International PlcMEP84.0585.271.45%
TruworthsTRW54.8255.000.33%
Nedbank Group LimitedNBK224.54222.21-1.04%
Standard Bank GroupSNB163.35162.83-0.32%
Shoprite HoldingsSRH218.63214.86-1.72%
FirstRand LimitedFST66.5466.37-0.26%
Momentum Metropolitan HoldingsMMT14.7114.35-2.45%
Old Mutual LtdOMM11.4411.30-1.22%
Sanlam LimitedSLA54.5953.93-1.21%
Santam LimitedSNM267.17270.011.06%
Vukile Property Fund LimitedVKN13.7213.730.07%
Investec LimitedIVD87.0687.880.94%
PSG Konsult LimitedKFS11.5011.18-2.78%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD272.22272.830.22%
New Gold Palladium ETFNGNPLD291.01286.70-1.48%
New Gold Platinum ETF NNGNPLT145.91143.22-1.84%
New Funds S&P NAM BondNFNAMA16.8716.910.24%

Table 4: ETFs


Exchange Rates 
USD/ZAR15.91
EUR/ZAR16.82
GBP/ZAR19.51
EUR/GBP0.85
EUR/USD1.05
GBP/USD1.22
AUD/USD0.69
USD/JPY135.47
Commodities 
Gold1,835.40
Silver21.43
Platinum928.90
Palladium1,866.50
WTI105.08
Brent109.79

Table 5: Exchange Rates and Commodities 


Local News

The country’s agriculture parastatal, which currently finds itself in a vegetative state, has allegedly paid board members close to N$ 250,000 in retainer fees- despite having nothing to show for it since their appointment in April 2021 (Namibian Sun)

A local pharmaceutical company yesterday lodged an urgent application in the Windhoek High Court where it is challenging certain conditions in a lucrative tender to supply medicine to the government   (New Era Newspaper)

The government plans to make getting a divorce cheaper and easier with its new proposed divorce law. (The Namibian)

Sub-Sahara News

The Passenger Rail Agency of South Africa (Prasa) told Parliament that it would need around R7.5 billion over five years as it works to refurbish up to 400 passenger rail coaches around the country and get them back in fully functional condition. (News24)

World Bank has approved a $2.3 billion program for Eastern and Southern African countries to help them tackle food insecurity, the bank said in a statement. (CNBC Africa)

The regional workshop of the expert committee on the harmonization of regulatory and supervisory frameworks of banking and microfinance institutions in ECOWAS Member States in preparation for the launch of the ECO (new ECOWAS currency) is underway in Banjul (All Africa News)

International News

The death toll from an earthquake in Afghanistan on Wednesday hit 1,000, disaster management officials said, with more than 600 injured, and the toll is expected to grow as information trickles in from remote mountain villages. (Reuters)

Ford Motor Co. (F) is recalling about 2.9 million vehicles to fix a defective part that may prevent the vehicle from shifting into the intended gear. (RTT News)

A suburb in the US city of Minneapolis, Minnesota has agreed to pay $3.2m to the family of Daunte Wright, a Black man who was fatally shot by a police officer who said she confused her gun for her taser. (Aljazeera News)

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