NSX DAILY UPDATE (03 MARCH 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  746,176  29,334,959 99.47%
ETFs  669  154,893 0.53%
Total  746,845  29,489,852  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 29,489,852 worth of shares was traded on the NSX on Thursday,  with about N$ 3,905,576 worth of Anglo-American plc, N$  5,873,897 worth of Shoprite Holdings, and N$182,500 Letshego Holdings (Namibia) on the home front. ETFs worth N$ 154,893were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price increased in price at closing
  • Shares belonging to Shoprite Holdings were bought by market participants
  • On the local NSX listing,  Letshego Holdings (Namibia) shares were traded with an radical change in share price as financial statement reports display good performance
  • 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 2.50 58.23%
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


­­

Name South African Dual Listed Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Anglo-American plc ANM 807.59 829.52 2.72%
Barloworld Limited BWL 108.62 105.28 -3.07%
Oceana Group Limited OCG 53.83 54.60 1.43%
Mediclinic International Plc MEP 68.18 66.50 -2.46%
Truworths TRW 62.17 63.90 2.78%
Nedbank Group Limited NBK 224.08 226.31 1.00%
Standard Bank Group SNB 167.43 169.89 1.47%
Shoprite Holdings SRH 234.68 238.29 1.54%
FirstRand Limited FST 67.50 70.80 4.89%
Momentum Metropolitan Holdings MMT 18.33 18.54 1.15%
Old Mutual Ltd OMM 12.63 12.96 2.61%
Sanlam Limited SLA 63.75 66.49 4.30%
Santam Limited SNM 277.66 300.00 8.05%
Vukile Property Fund Limited VKN 12.66 13.10 3.48%
Investec Limited IVD 84.51 83.31 -1.42%
PSG Konsult Limited KFS 12.90 12.35 -4.26%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 278.46 274.18 -1.54%
New Gold Palladium ETF NGNPLD 396.50 401.91 1.36%
New Gold Platinum ETF N NGNPLT 158.57 158.23 -0.21%
New Funds S&P NAM Bond NFNAMA 16.37 16.38 0.06%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.24
EUR/ZAR 16.81
GBP/ZAR 20.34
EUR/GBP 0.82
EUR/USD 1.10
GBP/USD 1.36
AUD/USD 0.73
USD/JPY 115.45
Commodities  
Gold 1 939
Silver 25.26
Platinum 1 087
Palladium 2 770.52
WTI 108.69
Brent 111.27

Table 5: Exchange Rates and Commodities 


Local News

Agribank through its agri advisory services, hosted a stakeholder meeting in Otjiwarongo to strengthen and establish relationships with key industry stakeholders recently. (Namibian Sun)

The Kapinga Kamwalye Conservancy in the Mashare constituency of Kavango East is facing a crisis of illegal tree harvesting. (New Era Newspaper)

The Ministry of Urban and Rural Development is one of the biggest losers in the national budget tabled last week – losing around N$243 million compared to last year’s budget allocation. (The Namibian)

Sub-Sahara News

Exxaro Resources expects Russia’s invasion of Ukraine will trigger a renewed Europe energy crisis, while presenting opportunities for the South African miner as European coal plants scramble to find high-quality coal. (News24)

South Africa’s biggest bank by market value FirstRand has upped its interim dividend; economic profit has rebounded strongly with a pre-provision operating profit growth 6 per cent. (CNBC Africa)

African countries have intensified efforts to evacuate their nationals from Ukraine. The African Union has urged governments to respect international law and assist all those fleeing from the war in Ukraine after African students raised concerns of discrimination at the border points. (All Africa News)

International News

Russia and Ukraine have agreed on the need for humanitarian corridors to deliver aid and help civilians exit besieged Ukrainian cities, in the first apparent sign of progress in talks between the warring sides. (Aljazeera News)

European bourses are expected to open on a restrained note on the last day of the week amidst the conflict and combat in Ukraine that continues unabated. (RTT News)

A fire that broke out in a training building near the largest nuclear power plant in Europe during intense fighting between Russian and Ukrainian forces has been extinguished, Ukraine’s state emergency service said on Friday.  (Reuters)

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