NSX DAILY UPDATE (24 APRIL 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 4,558,181.00 231,467,031.3499.39%
ETFs 7,330.00 1,414,690.000.61%
Total 4,565,511.00 232,881,721.34100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 232,881,721.34 worth of shares was traded on the NSX on Monday with about N$ 39,982,505 worth of shares belonging to Anglo-American plc and N$ 1,491,196 worth of FirstRand Namibia Ltd on the home front. ETFs worth N$ 1,414,690.00 were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares continue to be sold-off by market participants, resulting in a decrease in share price by 1.2% at closing
  • The shares belonging to FirstRand were traded on the domestic stock exchange, resulting in an increase by 2.5% in share price at the end of the trading day
  • New Gold Platinum ETF N ETF was subscribed by market participants
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS32.0032.000.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP15.0015.000.00%
First Rand NamibiaFNB37.0638.002.54%
Standard Bank NamibiaSNO8.458.450.00%
Oryx LimitedORY12.0012.000.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8012.800.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
Alpha Namibia Industries Renewable Power LimitedANE8.998.990.00%

Table 2: Primary listed Trades


­­

NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM574.39567.75-1.16%
B2Gold CorporationB2G74.3474.790.61%
Oceana Group LimitedOCG71.0070.85-0.21%
Mediclinic International PlcMEP111.86112.540.61%
TruworthsTRW55.2154.71-0.91%
Nedbank Group LimitedNBK207.50206.78-0.35%
Standard Bank GroupSNB169.10168.97-0.08%
Shoprite HoldingsSRH219.63219.50-0.06%
FirstRand LimitedFST62.7363.030.48%
Momentum Metropolitan HoldingsMMT17.9218.372.51%
Old Mutual LtdOMM11.3711.35-0.18%
Sanlam LimitedSLA55.6855.48-0.36%
Santam LimitedSNM293.05289.60-1.18%
Vukile Property Fund LimitedVKN12.7512.67-0.63%
Investec LimitedIVD98.2899.050.78%
PSG Konsult LimitedKFS12.8913.000.85%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD333.39335.640.67%
New Gold Palladium ETFNGNPLD281.31273.04-2.94%
New Gold Platinum ETF NNGNPLT195.15191.20-2.02%
New Funds S&P NAM BondNFNAMA18.3818.32-0.33%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.16
EUR/NAD20.07
GBP/NAD22.68
EUR/GBP0.88
EUR/USD1.10
GBP/USD1.24
AUD/USD0.66
USD/JPY134.18
Commodities @ 07:00 
Gold2,006.30
Silver25.45
Platinum1,101.85
Palladium1,530.53
WTI78.73
Brent82.53

Table 5: Exchange Rates and Commodities 


Local News

TransNamib is challenging the status of Challenge Air local agent Wilhelm Shali to act on behalf of the liquidated Belgian airline. (Sun Newspaper)

German chancellor Olaf Scholz said his country wants to help mineral-rich countries build their processing infrastructure to cut dependency on China and source it straight from countries like Namibia, Indonesia, and Chile. (New Era Newspaper)

The cost of living in Namibia has become unbearable for most households, with some food prices having more than doubled over the past decade (The Namibian Newspaper)

Sub-Sahara News

The utility expects energy efficiency and other savings efforts could free up some 1.5GW in power capacity. (News24)

The executive board of the International Monetary Fund on Monday approved the first review of Tanzania’s three-year extended credit facility, allowing immediate disbursement of about $153 million in budgetary support, the IMF said in a statement. (CNBC Africa)

Eskom board chairperson Mpho Makwana has revealed that the power utility has narrowed down its search for a new CEO to five candidates, (All Africa News)

International News

Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp (FOXA.O) settled for $787.5 million in a defamation lawsuit in which Carlson played a starring role. (Reuters)

Asian markets moved mixed on Tuesday despite China’s GDP data surprising with more than expected growth in the first quarter. (RTT News)

Netflix has announced it will spend $2.5bn on South Korean content in the latest sign of Korean culture’s explosive popularity worldwide. (Aljazeera News)

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