NSX DAILY UPDATE (07 FEBRUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 85,925.00 8,686,711.24100.00%
ETFs –   –  0.00%
Total 85,925.00 8,686,711.24100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 8,686,711.24 worth of shares was traded on the NSX on Tuesday with about N$ 575,627 worth of shares belonging to Anglo-American and N$ 20,295 from Capricorn Group Limited on the home front. No ETFs were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s share performance overall spiked up by 1.3% as commodity prices, including gold, rallied post-interview of Jerome Powell.
  • Capricorn Group Limited shares were traded resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.5313.530.00%
First Rand NamibiaFNB33.0333.040.03%
Standard Bank NamibiaSNO5.115.110.00%
Oryx LimitedORY11.3811.380.00%
Letshego  LHN3.513.510.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.1913.190.00%
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 plcANM707.88716.851.27%
B2Gold CorporationB2G66.2066.340.21%
Oceana Group LimitedOCG71.8070.50-1.81%
Mediclinic International PlcMEP105.53104.96-0.54%
TruworthsTRW67.7967.53-0.38%
Nedbank Group LimitedNBK233.19231.40-0.77%
Standard Bank GroupSNB179.00179.720.40%
Shoprite HoldingsSRH231.00230.77-0.10%
FirstRand LimitedFST64.7764.890.19%
Momentum Metropolitan HoldingsMMT19.4219.40-0.10%
Old Mutual LtdOMM11.7011.65-0.43%
Sanlam LimitedSLA58.2258.00-0.38%
Santam LimitedSNM284.14289.231.79%
Vukile Property Fund LimitedVKN13.1913.14-0.38%
Investec LimitedIVD109.71110.300.54%
PSG Konsult LimitedKFS12.4912.27-1.76%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD308.23307.67-0.18%
New Gold Palladium ETFNGNPLD270.48283.214.71%
New Gold Platinum ETF NNGNPLT166.74164.66-1.25%
New Funds S&P NAM BondNFNAMA18.2618.21-0.27%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.54
EUR/NAD18.83
GBP/NAD21.14
EUR/GBP0.89
EUR/USD1.07
GBP/USD1.20
AUD/USD0.69
USD/JPY131.20
Commodities @ 08:00 
Gold1,888.95
Silver22.33
Platinum983.45
Palladium1,636.28
WTI77.35
Brent83.75

Table 5: Exchange Rates and Commodities 


Local News

President Hage Geingob yesterday told ministers who are in Cabinet to advance their own personal agendas and who disagree with the executive’s collective decision-making to resign (Sun Newspaper)

Months after its major brand refresh, new digital interfaces, and a new approach to integrated advice, First National Bank (FNB) has been named the Strongest Banking Brand in the World in the Brand Finance Banking 500 2023 report. FNB emerged as the leader among the world’s 500 largest banks, with an impressive Brand Strength Index score of 93 (out of 100), an AAA+ rating, and a brand value of US$1 540 billion. (New Era Newspaper)

Industrialization and trade minister Lucia Iipumbu says bureaucratic red tape, outdated business laws, and corruption make it difficult to register businesses in Namibia. (The Namibian)

Sub-Sahara News

The Consumer Goods Council of South Africa (CGCSA) on Tuesday urged President Cyril Ramaphosa to scrap the sugar tax, as well as suspend the fuel duty and road accident fund levies for the industry amid record levels of load shedding. (News24)

Congo’s state mining company Gecamines plans to explore for minerals needed for the transition to a lower carbon economy, including lithium, tin, and rare earth, chairman Alphonse Kaputo Kalubi said on Tuesday. (CNBC Africa)

The Finnish court assessing charges of war crimes against Gibril Massaquoi, a former commander of Sierra Leone’s Revolutionary United Front, has returned to Liberia for the third time. On Tuesday the court will begin hearings in the Finnish prosecutors’ appeal of last year’s acquittal of Massaquoi by a lower court. (All Africa News)

International News

The death toll of a devastating earthquake in southern Turkey and Syria jumped to more than 7,800 people on Tuesday as rescuers worked against time in harsh winter conditions to dig survivors out of the rubble of collapsed buildings. (Reuters)

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, with traders remaining cautious ahead of the US Fed rate decision and accompanying statement later in the day. (RTT News)

The United States Navy has released the first official images of its effort to recover what Washington says was a Chinese “surveillance balloon”, which was shot down over the Atlantic Ocean after being spotted in US airspace last week. (Aljazeera News)

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