NSX DAILY UPDATE (04 APRIL 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 10,329.00 795,934.48100.00%
ETFs –   –  0.00%
Total 10,329.00 795,934.48100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 795,934.48 worth of shares was traded on the NSX on Tuesday with about N$ 366,846 worth of shares belonging to Investec Limited and N$ 69,250 worth of Capricorn Group on the home front.  No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Investec Limited’s shares were subscribed by market participants on the overall bourse, crossing over to the N$100 price range as the share price soars to 3.4% at closing
  • The shares owned by Capricorn Group were traded on the domestic stock exchange, resulting in an increase of 0.1% in share price at the end of the trading day.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS32.0032.010.03%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8313.850.14%
First Rand NamibiaFNB37.0037.000.00%
Standard Bank NamibiaSNO8.458.450.00%
Oryx LimitedORY11.4911.490.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8112.810.00%
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 plcANM592.82591.00-0.31%
B2Gold CorporationB2G70.7671.681.30%
Oceana Group LimitedOCG69.4470.110.96%
Mediclinic International PlcMEP109.67111.631.79%
TruworthsTRW55.0755.801.33%
Nedbank Group LimitedNBK219.33224.462.34%
Standard Bank GroupSNB174.87171.45-1.96%
Shoprite HoldingsSRH222.63225.001.06%
FirstRand LimitedFST60.9461.901.58%
Momentum Metropolitan HoldingsMMT18.0018.120.67%
Old Mutual LtdOMM11.8112.082.29%
Sanlam LimitedSLA56.9754.98-3.49%
Santam LimitedSNM286.18289.551.18%
Vukile Property Fund LimitedVKN12.5512.610.48%
Investec LimitedIVD98.16101.503.40%
PSG Konsult LimitedKFS12.0912.331.99%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD329.14337.672.59%
New Gold Palladium ETFNGNPLD254.44256.300.73%
New Gold Platinum ETF NNGNPLT170.52175.202.74%
New Funds S&P NAM BondNFNAMA18.5418.610.38%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD17.88
EUR/NAD19.57
GBP/NAD22.32
EUR/GBP0.87
EUR/USD1.09
GBP/USD1.24
AUD/USD0.67
USD/JPY131.54
Commodities @ 07:00 
Gold2,039.85
Silver25.04
Platinum1,033.75
Palladium1,454.53
WTI81.06
Brent85.36

Table 5: Exchange Rates and Commodities 


Local News

The Public Service Union of Namibia (PSUN) says it is disheartened by the conduct of the Office of the Labour Commissioner, saying it did little to end a labour dispute between the National Housing Enterprise (NHE) and its striking employees.PSUN deputy secretary-general Ujama Kaahangoro accused the labour commissioner’s office of not fulfilling its mandate of resolving employer-employee disputes. (Sun Newspaper)

The government will embark on a study to determine the practicality of establishing a veterinary buffer zone between Angola and Namibia. (New Era Newspaper)

The National Petroleum Corporation of Namibia (Namcor) board of directors has suspended the company’s managing director, Immanuel Mulunga (The Namibian Newspaper)

Sub-Sahara News

Eskom forecasts a worst-case scenario where there are outages exceeding 17 000MW every week for the next year. (News24)

Kenya opposition leader Raila Odinga on Tuesday called for parties outside parliament to be involved in talks on electoral reform and the high cost of living, at odds with President William Ruto’s plan for negotiations to be held only within parliament. (CNBC Africa)

The World Health Organization [WHO] launched a new manual for authorities to increase the use of helmets for motorcycle riders today. The second edition of the Helmets Manual offers guidance to help leaders establish the laws, regulations, and actions needed to increase the use of safe, quality helmets to save lives. (All Africa News)

International News

Former President Donald Trump was charged on Tuesday with 34 felony counts of falsifying business records in a historic case over allegations he orchestrated hush-money payments to two women before the 2016 U.S. election to suppress publication of their sexual encounters with him. (Reuters)

Asian stocks ended Wednesday’s session on a mixed note as rising Treasury yields offset easing concerns over the banking sector. (RTT News)

French President Emmanuel Macron and European Commission President Ursula von der Leyen are set to arrive in China on Wednesday for a three-day state visit that will see them meet with Chinese President Xi Jinping (Aljazeera News)

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