NSX DAILY UPDATE (02 MARCH 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  1,697,101  127,977,776 99.94%
ETFs  338  78,635 0.06%
Total  1,697,439  128,056,411  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 127,977,776 worth of shares was traded on the NSX on Wednesday with about N$ 53,307,630 worth of Anglo-American plc, N$ 9,382,255 worth of Shoprite Holdings, and N$ 4,781,433 Mobile Telecommunications Ltd on the home front. ETFs worth N$ 78,635 were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price decreased in price at closing as investors
  • Shares belonging to Shoprite Holdings were sold by market participants
  • On the local NSX listing Mobile Telecommunications shares were traded without a change in share price
  • New Gold Issuer Ltd NM and New Gold Platinum ETF N were bought in large volumes as hedging of risk from geopolitical conflicts in Europe
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 48.00 48.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 12.87 12.87 0.00%
First Rand Namibia FNB 29.50 29.51 0.03%
Standard Bank Namibia SNO 5.40 5.40 0.00%
Oryx Limited ORY 8.56 8.56 0.00%
Letshego LHN 1.58 1.58 0.00%
Namibia Asset Management NAM 0.66 0.66 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.77 12.77 0.00%
Mobile Telecommunication Company MOC 8.25 8.25 0.00%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

Table 2: Primary listed Trades


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Name South African Dual Listed Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Anglo-American plc ANM 815.00 807.59 -0.91%
Barloworld Limited BWL 114.73 108.62 -5.33%
Oceana Group Limited OCG 54.15 53.83 -0.59%
Mediclinic International Plc MEP 68.95 68.18 -1.12%
Truworths TRW 60.95 62.17 2.00%
Nedbank Group Limited NBK 221.85 224.08 1.01%
Standard Bank Group SNB 167.33 167.43 0.06%
Shoprite Holdings SRH 230.87 234.68 1.65%
FirstRand Limited FST 68.06 67.50 -0.82%
Momentum Metropolitan Holdings MMT 18.59 18.33 -1.40%
Old Mutual Ltd OMM 12.82 12.63 -1.48%
Sanlam Limited SLA 64.12 63.75 -0.58%
Santam Limited SNM 276.69 277.66 0.35%
Vukile Property Fund Limited VKN 12.55 12.66 0.88%
Investec Limited IVD 87.47 84.51 -3.38%
PSG Konsult Limited KFS 13.00 12.90 -0.77%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 276.11 278.46 0.85%
New Gold Palladium ETF NGNPLD 401.28 396.50 -1.19%
New Gold Platinum ETF N NGNPLT 156.45 158.57 1.36%
New Funds S&P NAM Bond NFNAMA 16.46 16.37 -0.55%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.32
EUR/ZAR 17.01
GBP/ZAR 20.55
EUR/GBP 0.83
EUR/USD 1.13
GBP/USD 1.36
AUD/USD 0.73
USD/JPY 115.66
Commodities  
Gold 1 927.70
Silver 25.36
Platinum 1 078
Palladium 2 645.00
WTI 114.34
Brent 116.89

Table 5: Exchange Rates and Commodities 


Local News

Government is prepared to spend about N$ 224.4 million on travel and subsistence allowance (S&T) in the new budget year. (Namibian Sun)

The tourism sector has welcomed Qatar Airways’ decision to resume direct return flights from Doha to Windhoek by July this year. At the moment, the direct (non-stop) flights between Windhoek-Doha have been inactive. (New Era Newspaper)

A Splinter group of the Ovaherero Traditional Authority will approach the High Court to challenge the appointment of a chief designate. (The Namibian)

Sub-Sahara News

A group of current and former employees of Denel says its next step is to attach around R4.3 million held in an RMB corporate bank account after the state-owned arms manufacturer failed to comply with a court order to pay their unpaid salaries dating back to May 2020. (News24)

Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms and importers. (CNBC Africa)

South Africa is scrambling to repair relations with the Kremlin after International Relations and Cooperation Minister Naledi Pandor issued an unusually strong statement calling on Russia to withdraw from Ukraine. (All Africa News)

International News

At least one million people have fled Ukraine in the week since Russia’s invasion, the United Nations said, with one official warning that “at this rate” the exodus could become “the biggest refugee crisis this century”. (Aljazeera News)

Asian markets nosedived on Thursday as Russia declared war against Ukraine, claiming the invasion is intended to protect civilians. (RTT News)

Top Japanese automakers including Toyota were forced to halt production in Russia as Western sanctions that followed its invasion of Ukraine scrambled logistics and cut supply chains, deepening the country’s economic isolation. (Reuters)

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