NSX DAILY UPDATE (10 MARCH 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 642,733.00 16,384,497.66100.00%
ETFs –   –  0.00%
Total 642,733.00 16,384,497.66100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 16,384,497.66 worth of shares was traded on the NSX on Friday with about N$ 495,290 worth of shares belonging to Anglo-American plc and N$145,879 worth of FirstRand Namibia Ltd on the home front. No ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s stock price has experienced a downturn in the general market following the transactions made by Directors/PDMRs which was approved by the Company’s Remuneration Committee. This resulted in the decline of the company’s share price by 1.5%
  • The domestic exchange facilitated the trading of FirstRand Namibia’s shares, resulting in an increase of 0.1% in the company’s stock price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0246.020.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8113.810.00%
First Rand NamibiaFNB34.0234.060.12%
Standard Bank NamibiaSNO5.205.200.00%
Oryx LimitedORY11.4911.490.00%
Letshego  LHN3.533.530.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8412.840.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
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 plcANM629.30619.60-1.54%
B2Gold CorporationB2G61.4360.37-1.73%
Oceana Group LimitedOCG69.7167.94-2.54%
Mediclinic International PlcMEP110.00109.50-0.45%
TruworthsTRW57.7556.44-2.27%
Nedbank Group LimitedNBK227.30225.70-0.70%
Standard Bank GroupSNB179.82175.68-2.30%
Shoprite HoldingsSRH218.73217.50-0.56%
FirstRand LimitedFST68.0467.18-1.26%
Momentum Metropolitan HoldingsMMT19.0018.53-2.47%
Old Mutual LtdOMM12.2712.05-1.79%
Sanlam LimitedSLA58.3959.271.51%
Santam LimitedSNM302.00301.22-0.26%
Vukile Property Fund LimitedVKN13.7313.55-1.31%
Investec LimitedIVD112.70109.06-3.23%
PSG Konsult LimitedKFS12.4212.25-1.37%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD317.16316.28-0.28%
New Gold Palladium ETFNGNPLD246.68245.31-0.56%
New Gold Platinum ETF NNGNPLT171.71167.43-2.49%
New Funds S&P NAM BondNFNAMA18.1118.140.17%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.20
EUR/NAD19.52
GBP/NAD22.06
EUR/GBP0.88
EUR/USD1.07
GBP/USD1.21
AUD/USD0.66
USD/JPY134.04
Commodities @ 07:00 
Gold1,885.65
Silver20.81
Platinum970.90
Palladium1,402.28
WTI77.04
Brent83.14

Table 5: Exchange Rates and Commodities 


Local News

For the period ending 31 December 2022, locally-listed Oryx Properties Limited maintained its positive momentum in financial and operational performance, resulting in rental income increasing by 10.8% (Dec 2021: 2.9%) to N$175 million (Dec 2021: N$158 million), while containing vacancies to a minimum and achieving 6.1% (Dec 2021: 5.9%). (Sun Newspaper)

The Motor Vehicle Accident Fund wants to proceed with a High Court judgment regarding an investment tender, despite the fact that the case has now been taken to the Supreme Court. (New Era Newspaper)

Many have been left shell shocked after 2,000 unemployed youth from Windhoek flocked to a local hang-spot to submit their curricula vitae (CVs) to be considered for 16 advertised positions. (The Namibian Newspaper)

Sub-Sahara News

As soon as the power goes off and the traffic lights are out, homeless men sporting bright-green high-visibility vests emerge apparently from nowhere and start directing the cars at a busy Johannesburg intersection. (News24)

Tropical storm Freddy is due to hit the coast of Southern Africa again late Friday or early Saturday, after killing at least 27 people in Mozambique and Madagascar since it first made landfall last month. (CNBC Africa)

As former leaders of the Press Union of Liberia, we issue this open letter appealing for collective action to prevent rigging of the October 2023 presidential and general elections and avert violence in Liberia. With our country facing increased instability, we call on all parties and candidates to come together and devise a mechanism to ensure free and fair democratic elections. (All Africa News)

International News

Nuclear-armed North Korea test-fired two strategic cruise missiles from a submarine on Sunday, state news agency KCNA said on Monday, just as U.S.-South Korea military drills were due to begin. (Reuters)

European stocks were broadly higher on Monday as investors awaited a testimony by Fed Chair Jerome Powell and the U.S. jobs report this week for further clarity on the rating outlook (RTT News)

Ukraine’s President Volodymyr Zelenskyy said more than 1,100 Russian soldiers had been killed in the past few days fighting along the Bakhmut section of the front line (Aljazeera News)

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