NSX DAILY UPDATE (07 APRIL 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  1,475,338  98,929,490 100.00%
ETFs  –    –   0.00%
Total  1,475,338  98,929,490  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 98,929,490 worth of shares was traded on the NSX on Thursday. with about N$  14,855,853  worth of Anglo-American, N$     995,215 worth of Mediclinic International Plc and N$  11,320  of Namibia Breweries on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price decreased  aimed the bearish market conditions
  • Shares belonging to Mediclinic International Plc increased in price in spite of bearish conditions
  • On the NSX local listing, Namibia Breweries shares are frequenctly being dumped by market participants as shareholder loses investor confidence shortly after the company uttered there were no interim dividend.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 41.99 40.00 -4.74%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.84 13.84 0.00%
First Rand Namibia FNB 29.51 29.51 0.00%
Standard Bank Namibia SNO 5.00 5.00 0.00%
Oryx Limited ORY 10.20 10.20 0.00%
Letshego LHN 2.50 2.50 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 12.01 12.01 0.00%
Mobile Telecommunication Company MOC 7.51 7.51 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 772.50 766.29 -0.80%
B2Gold Corporation B2G 67.07 66.76 -0.46%
Oceana Group Limited OCG 56.70 57.52 1.45%
Mediclinic International Plc MEP 68.01 70.25 3.29%
Truworths TRW 57.65 57.37 -0.49%
Nedbank Group Limited NBK 230.41 226.34 -1.77%
Standard Bank Group SNB 175.35 174.27 -0.62%
Shoprite Holdings SRH 241.19 241.72 0.22%
FirstRand Limited FST 75.32 73.05 -3.01%
Momentum Metropolitan Holdings MMT 17.48 17.42 -0.34%
Old Mutual Ltd OMM 14.10 13.80 -2.13%
Sanlam Limited SLA 68.29 67.88 -0.60%
Santam Limited SNM 300.09 297.00 -1.03%
Vukile Property Fund Limited VKN 13.93 13.58 -2.51%
Investec Limited IVD 101.00 102.06 1.05%
PSG Konsult Limited KFS 13.30 13.22 -0.60%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Palladium ETF NGNPLD 263.38 267.50 1.56%
New Gold Platinum ETF N NGNPLT 310.18 320.73 3.40%
New Funds S&P NAM Bond NFNAMA 135.19 136.53 0.99%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.75
EUR/ZAR 16.03
GBP/ZAR 19.27
EUR/GBP 0.83
EUR/USD 1.10
GBP/USD 1.30
AUD/USD 0.76
USD/JPY 124.02
Commodities  
Gold 1,921.20
Silver 24.74
Platinum 961.75
Palladium 2,276.00
WTI 96.81
Brent 101.29

Table 5: Exchange Rates and Commodities 


Local News

The education sector is in crisis. Some schools have more than 100 learners per teacher, while others have not had accounting and mathematics teachers for three years. (Namibian Sun)

The Namibia Financial Institutions Supervisory Authority (NamFisa) yesterday urged the working public to remain calm ahead of the final standards and regulations on the Preservation of Retirement Benefits to be made under the Financial Institutions and Markets Act, 2021 (FIMA).  (New Era Newspaper)

The Central Procurement Board of Namibia (CPBN) has disqualified three companies- controlled by three brothers- from bidding for contracts valaued at N$ 382 million to supply maize meal and protein to the education ministry. (The Namibian)

Sub-Sahara News

The SA Revenue Service (SARS) saw nearly two million taxpayers who tried for refunds that were not allowed – some of which were “downright criminal”, Commissioner Edward Kieswetter has said. (News24)

In South Africa, failed rescue attempts and a lack of qualified practitioners have contributed to what Deloitte is calling a “crisis of trust” in the business rescue industry. (CNBC Africa)

As of April 8, 2022, confirmed cases of Covid-19 from 55 African countries reached 11,435,999 while over  273,178,717 vaccinations have been administered across the continent. (All Africa News)

International News

Two people have been killed and 10 wounded in a series of shootings in the heart of the Israeli city of Tel Aviv. .(Aljazeera News)

Asian stocks ended mixed on Friday after reports suggested Russian forces have been repositioning with a goal of focusing on securing the separatist republics in Ukraine’s eastern Donbas region. (RTT News)

Russia gave the most sombre assessment so far of its invasion of Ukraine, describing the “tragedy” of mounting troop losses and the economic hit from sanctions, as Ukrainians were evacuated from eastern cities before an anticipated major offensive. (Reuters)

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