NSX DAILY UPDATE (12 JANUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 492,849.00 19,950,251.8499.47%
ETFs 361.00 106,758.530.53%
Total 493,210.00 20,057,010.37100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 19,950,251.84 worth of shares was traded on the NSX on Thursday with about N$ 2,446,005 worth of shares belonging to Shoprite Holdings and N$   1,476,777 from Capricorn Group on the home front. ETFs worth N$ 106,758.53 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Shoprite Holdings’ performance on the overall bourse increased as investors demands consumer staples as one of the sectors that perform well during economic hardship.
  • Capricorn Group shares were traded by market participants, with an increase of 0.2% in share price at closing
  • New Gold Issuer Ltd NM ETF was sold off in one transaction resulting in a slight decline in price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0313.060.23%
First Rand NamibiaFNB33.0033.010.03%
Standard Bank NamibiaSNO4.424.440.45%
Oryx LimitedORY11.5011.49-0.09%
Letshego  LHN3.503.500.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.2013.200.00%
Mobile Telecommunication CompanyMOC7.047.040.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades


­­

NameSouth African Dual Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM732.05732.160.02%
B2Gold CorporationB2G67.0066.24-1.13%
Oceana Group LimitedOCG66.9667.390.64%
Mediclinic International PlcMEP102.30101.51-0.77%
TruworthsTRW61.6561.750.16%
Nedbank Group LimitedNBK211.89214.101.04%
Standard Bank GroupSNB168.41172.642.51%
Shoprite HoldingsSRH237.97243.622.37%
FirstRand LimitedFST62.8964.372.35%
Momentum Metropolitan HoldingsMMT18.0318.331.66%
Old Mutual LtdOMM11.1811.260.72%
Sanlam LimitedSLA52.5553.030.91%
Santam LimitedSNM260.35259.17-0.45%
Vukile Property Fund LimitedVKN13.5113.34-1.26%
Investec LimitedIVD108.65108.730.07%
PSG Konsult LimitedKFS12.1612.230.58%

Table 3: Dual-Listed Trades

NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD296.24296.230.00%
New Gold Palladium ETFNGNPLD289.16284.92-1.47%
New Gold Platinum ETF NNGNPLT178.98172.61-3.56%
New Funds S&P NAM BondNFNAMA18.2018.310.60%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD16.75
EUR/NAD18.15
GBP/NAD20.42
EUR/GBP0.88
EUR/USD1.08
GBP/USD1.21
AUD/USD0.69
USD/JPY129.12
Commodities @ 08:00 
Gold1,897.20
Silver23.77
Platinum1,071.45
Palladium1,789.53
WTI78.14
Brent83.66

Table 5: Exchange Rates and Commodities 


Local News

Annual inflation in Namibia averaged 6.1% in 2022, compared to an average of 3.6% recorded in 2021 (Sun Newspaper)

The World Bank has advised Namibia as well as emerging markets and developing economies to strengthen their medium-term expenditure framework. (New Era Newspaper)

Namibians who did not have their income increased by at least 6.1% last year and ended the year poorer than they were at the beginning.  (The Namibian)

Sub-Sahara News

Finance Minister Enoch Godongwana has criticized the operational performance of the national power utility Eskom and said the country’s energy minister needs to act urgently to procure more electricity generation. (News24)

South Africa’s energy regulator on Thursday granted beleaguered state power utility Eskom’s average tariff increase for the 2023/24 financial year of 18.65%. (CNBC Africa)

African leaders failed to tackle widespread abuses against civilians by state security forces and non-state armed groups and insufficiently prioritized justice efforts for victims of atrocities across the continent, Human Rights Watch said today in its World Report 2023. These violations occurred against a backdrop of backsliding on democratic safeguards and rule of law. (All Africa News)

International News

People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their hometowns for holidays that the World Health Organization warns could inflame a raging outbreak. (Reuters)

European stocks were narrowly mixed on Friday, as investors awaited Eurozone inflation data and the all-important U.S. jobs data later in the day for directional cues. U.K. stocks outperformed as resource stocks gained ground (RTT News)

Russia says its forces are edging closer to capturing Soledar, a salt-mining town in eastern Ukraine, which would mark an elusive victory for the Kremlin but comes at the cost of heavy Russian casualties and extensive destruction of the territory they claim. (Aljazeera News)

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