NSX DAILY UPDATE (02 MARCH 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall277,620.0027,443,875.29100.00%
ETFs0.00%
Total277,620.0027,443,875.29100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 27,443,875.29 worth of shares was traded on the NSX on Thursday with about N$ 5,587,380 worth of shares belonging to Shoprite Holdings and N$ 14,661 worth of Letshego Holdings on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Shoprite Holdings’ share performance on the overall bourse increased by 0.1 percent as market participants adjust their portfolios.
  • Letshego Holdings shares were traded on the local bourse, resulting in no change in share price performance.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0146.010.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8013.800.00%
First Rand NamibiaFNB33.5733.570.00%
Standard Bank NamibiaSNO5.195.190.00%
Oryx LimitedORY11.3811.380.00%
Letshego  LHN3.523.520.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8512.850.00%
Mobile Telecommunication CompanyMOC7.097.090.00%
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 plcANM651.93647.16-0.73%
B2Gold CorporationB2G62.6365.294.25%
Oceana Group LimitedOCG74.2572.96-1.74%
Mediclinic International PlcMEP108.77108.20-0.52%
TruworthsTRW60.5458.77-2.92%
Nedbank Group LimitedNBK233.74229.23-1.93%
Standard Bank GroupSNB185.69183.20-1.34%
Shoprite HoldingsSRH223.37223.680.14%
FirstRand LimitedFST66.8366.890.09%
Momentum Metropolitan HoldingsMMT19.9619.63-1.65%
Old Mutual LtdOMM12.0012.121.00%
Sanlam LimitedSLA59.8958.35-2.57%
Santam LimitedSNM303.44297.27-2.03%
Vukile Property Fund LimitedVKN13.6613.60-0.44%
Investec LimitedIVD116.24110.37-5.05%
PSG Konsult LimitedKFS12.6112.610.00%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD311.54311.25-0.09%
New Gold Palladium ETFNGNPLD252.19252.340.06%
New Gold Platinum ETF NNGNPLT168.66168.05-0.36%
New Funds S&P NAM BondNFNAMA18.2018.200.00%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.19
EUR/NAD19.29
GBP/NAD21.76
EUR/GBP0.88
EUR/USD1.06
GBP/USD1.19
AUD/USD0.67
USD/JPY136.70
Commodities @ 07:00 
Gold1,844.95
Silver21.07
Platinum967.45
Palladium1,448.50
WTI78.00
Brent84.59

Table 5: Exchange Rates and Commodities 


Local News

According to the Bank of Namibia (BoN), private sector credit extension (PSCE) growth stood at 2.6% year-on-year at the end of January 2023 compared to 4.2% at the end of December 2022 (HEI Research)

The Namibian Competition Commission on 10 February 2023 resolved to initiate an investigation against NamPower, Telecom Namibia, and MTC for alleged exclusive dealings in the dark optic fiber infrastructure. (New Era Newspaper)

Information and communication minister Peya Mushelenga said the cabinet has endorsed a request to create a category of “very very important persons” (VVIP) diplomatic passports. (The Namibian Newspaper)

Sub-Sahara News

It is true that South Africa is preparing a plan to ration electricity, including up to what you could – but engineers would not – call stage Stage 16, and even beyond. (News24)

Countries in debt distress such as Zambia and Sri Lanka turning to the International Monetary Fund (IMF) for financial help are facing unprecedented delays to secure bailouts as China and Western economies clash over how to provide debt relief. (CNBC Africa)

Researchers have found that cheaper and more accessible blood testing methods can improve the care of patients with chronic hepatitis B in Africa. (All Africa News)

International News

Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia’s invasion of Ukraine a year ago continues to distort global oil supply lines and put long-term energy security front of mind for governments. (Reuters)

K car production dropped only slightly in January as the output of electrified vehicles increased sharply, data from the Society of Motor Manufacturers and Traders showed Friday. (RTT News)

A meeting of the Group of 20 has ended without a consensus on the Ukraine war as China joined Russia in refusing to support a demand for Moscow to cease hostilities. (Aljazeera News)

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