NSX DAILY UPDATE (06 JANUARY 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 7 497  124 055 100.00%
ETFs  –    –   0.00%
Total  7 497  124 055  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 124 055 worth of shares was traded on the NSX on Thursday, with about N$ 88 202 worth of Momentum Metropolitan Holdings, N$ 27 200 worth of PSG Konsult Limited and N$ 6 853 worth of Mobile Telecommunication Company on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Momentum Metropolitan shares were subscribed by market participants causing an increase in share price at market closing.
  • Shares in PSG Konsult were sold off as bear market conditions influence investors’ decision making process.
  • On the NSX home front, Mobile Telecommunication Company’s shares were allotted at market price.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 49.49 49.49 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 12.88 12.88 0.00%
First Rand Namibia FNB 29.50 29.50 0.00%
Standard Bank Namibia SNO 6.13 6.13 0.00%
Oryx Limited ORY 9.00 9.00 0.00%
Letshego LHN 2.00 2.00 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 8.90 8.90 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 677.74 674.39 -0.49%
Barloworld Limited BWL 139.15 140.57 1.02%
Oceana Group Limited OCG 56.18 56.30 0.21%
Mediclinic International Plc MEP 69.12 68.76 -0.52%
Truworths TRW 53.34 54.45 2.08%
Nedbank Group Limited NBK 185.95 184.69 -0.68%
Standard Bank Group SNB 145.27 144.95 -0.22%
Shoprite Holdings SRH 209.49 211.08 0.76%
FirstRand Limited FST 62.62 62.68 0.10%
Momentum Metropolitan Holdings MMT 19.32 19.51 0.98%
Old Mutual Ltd OMM 13.66 13.60 -0.44%
Sanlam Limited SLA 60.92 60.61 -0.51%
Santam Limited SNM 276.07 275.00 -0.39%
Vukile Property Fund Limited VKN 12.55 12.71 1.27%
Investec Limited IVD 90.14 90.19 0.06%
PSG Konsult Limited KFS 14.00 13.95 -0.36%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 269.84 263.59 -2.32%
New Gold Palladium ETF NGNPLD 293.06 285.34 -2.63%
New Gold Platinum ETF N NGNPLT 150.27 146.74 -2.35%
New Funds S&P NAM Bond NFNAMA 16.53 16.56 0.18%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.75
EUR/ZAR 17.80
GBP/ZAR 21.33
EUR/GBP 0.83
EUR/USD 1.13
GBP/USD 1.35
AUD/USD 0.71
USD/JPY 115.93
Commodities  
Gold 1 789
Silver 22.06
Platinum 962.50
Palladium 1 864
WTI 80.30
Brent 80.13

Table 5: Exchange Rates and Commodities 


Local News

The Institute for Public Policy Research (IPPR) has highlighted many of the challenges Namibia will have to face in getting a green hydrogen industry off the ground. (Namibian Sun)

Government through the finance ministry assured the nation that the chances of defaulting on the N$3.9 billion budget deficit loan Namibia received last year from the International Monetary Fund are minuscule. (New Era Newspaper)

CHINESE businessman Bin Yan, who last year wanted to establish a brickmaking project at Oshakati, might be allocated two industrial plots if there are no objections by this week Friday. (The Namibian)

Sub-Sahara News

The Competition Commission is investigating whether Clover’s new Israeli owner flouted its commitments to the competition authorities, as unions urge government to nationalise the dairy company if a resolution is not found. (News24)

South Africa’s Telkom is seeking an urgent court order to prevent telecoms regulator ICASA holding a spectrum auction in March, which would further delay the country’s rollout of 5G and expansion of 4G capacity already held back by legal action (CNBC Africa)

South African President Cyril Ramaphosa says a scathing report by the Zondo Commission of Inquiry into State Capture marks “the end of an era” of corruption. But analysts say it’s only the beginning of efforts needed to restore public trust in South Africa’s political institutions (All Africa News)

International News

President Joe Biden on Thursday accused his predecessor Donald Trump of spreading a “web of lies” to undermine U.S. democracy in a speech on the anniversary of the deadly Capitol attack by Trump supporters who tried to undo his 2020 election defeat. (Reuters)

European stocks were mostly lower on Friday as surging Covid-19 infections around the world stoked worries over the pace of global economic recovery. (RTT News)

Omicron is exposing an East-West divide between governments determined to halt the spread of the variant and those that see its spread as inevitable and even necessary. (Aljazeera News)

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