NSX DAILY UPDATES (15 MARCH 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,440,351.00 24,023,466.1799.23%
ETFs 863.00 187,369.000.77%
Total 1,441,214.00 24,210,835.17100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 24,023,466.17 worth of shares was traded on the NSX on Wednesday with about N$ 2,529,375 worth of shares belonging to Anglo-American plc and N$ 34,877 worth of SBN Holdings Ltd on the home front. ETFs worth N$187,369.00 were traded on Wednesday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares fell below the 600-price level, as the JSE stock market sell-off persist over 3 consecutive day
  • SBN Holdings’ stock price rose by 0.2% as the company’s shares were traded on the domestic exchange.
  • New Gold Issuer Ltd NM and New Gold Platinum ETF N were subscribed  by market participants
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0246.020.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8113.820.07%
First Rand NamibiaFNB34.0634.060.00%
Standard Bank NamibiaSNO5.205.210.19%
Oryx LimitedORY11.4911.490.00%
Letshego  LHN3.603.600.00%
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 plcANM605.22562.28-7.09%
B2Gold CorporationB2G63.7163.60-0.17%
Oceana Group LimitedOCG68.3469.000.97%
Mediclinic International PlcMEP109.25109.900.59%
TruworthsTRW54.9652.99-3.58%
Nedbank Group LimitedNBK219.17213.62-2.53%
Standard Bank GroupSNB169.99166.25-2.20%
Shoprite HoldingsSRH217.07213.72-1.54%
FirstRand LimitedFST64.3162.47-2.86%
Momentum Metropolitan HoldingsMMT17.8617.40-2.58%
Old Mutual LtdOMM11.8711.27-5.05%
Sanlam LimitedSLA56.8654.30-4.50%
Santam LimitedSNM288.00275.00-4.51%
Vukile Property Fund LimitedVKN13.5213.30-1.63%
Investec LimitedIVD101.9898.07-3.83%
PSG Konsult LimitedKFS12.0512.00-0.41%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD321.37329.562.55%
New Gold Palladium ETFNGNPLD264.41255.99-3.18%
New Gold Platinum ETF NNGNPLT172.17169.40-1.61%
New Funds S&P NAM BondNFNAMA18.2318.21-0.11%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.14
EUR/NAD19.52
GBP/NAD22.24
EUR/GBP0.87
EUR/USD1.06
GBP/USD1.20
AUD/USD0.66
USD/JPY132.91
Commodities @ 07:00 
Gold1,919.20
Silver21.86
Platinum969.00
Palladium1,462.78
WTI68.43
Brent74.64

Table 5: Exchange Rates and Commodities 


Local News

The ministry of home affairs has launched an online application platform for passports and six-month work visas. (Sun Newspaper)

Given the below-average rainfall since the beginning of this year’s rainy season, the country faces a substantial risk of low water supply and poor grazing conditions. This represents a major risk to the agriculture sector, rangeland recovery, and livestock production. (New Era Newspaper)

//Kharas governor Aletha Frederick says governments in the Southern African Development Community (SADC) region should cooperate to establish needed regulatory frameworks and infrastructure to provide assurance for cross-border energy trade and to enhance regional connectivity. (The Namibian Newspaper)

Sub-Sahara News

While some Joburg residents are expressing their anger over a lack of service delivery by tagging the ANC with spray-painted pothole graffiti, two competing insurance companies are putting their own brand while fixing them (News24)

Nigeria launched a $672 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa’s largest economy. (CNBC Africa)

United Nations torture prevention experts have called on South Africa to speed up the establishment of a national torture prevention watchdog to regularly examine prisons, detention centres, and other facilities. (All Africa News)

International News

Credit Suisse (CSGN.S) on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares intensified fears about a global financial crisis. (Reuters)

European stocks traded lower on Thursday after Federal Reserve Chair Jerome Powell reiterated his warning to lawmakers that the central bank may raise interest rates higher than previously anticipated. (RTT News)

North Korea has fired an intercontinental ballistic missile into its eastern waters, just hours before South Korea’s president was due to fly to Japan for the first summit between the two countries in years, with the situation in nuclear-armed North Korea a key concern. (Aljazeera News)

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