NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 19,952 | 2,321,764 | 62.79% |
ETFs | 5,160 | 1,376,172 | 37.21% |
Total | 25,112 | 3,697,936 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 3,697,936 worth of shares was traded on the NSX on Friday, with about N$ 1,278,217 worth of Santam Limited, N$ 273,914 worth of Mediclinic International Plc and N$ 89,700 of Capricorn Group on the home front. ETFs worth N$ 1,376,172 were traded on Friday.
HEI Equity Research Commentary
From the trading activity that took place:
- Santam Limited share price increased in price as market participants targets insurance companies.
- Shares belonging to Mediclinic International Plc increased in price despite bearish conditions
- On the NSX local listing, Capricorn Group shares were dumped resulting in decline in share price at market closing.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 40.00 | 40.00 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.84 | 13.80 | -0.29% |
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
Name | South African Dual Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 766.29 | 792.31 | 3.40% |
B2Gold Corporation | B2G | 66.76 | 68.02 | 1.89% |
Oceana Group Limited | OCG | 57.52 | 57.57 | 0.09% |
Mediclinic International Plc | MEP | 70.25 | 71.82 | 2.23% |
Truworths | TRW | 57.37 | 56.95 | -0.73% |
Nedbank Group Limited | NBK | 226.34 | 223.11 | -1.43% |
Standard Bank Group | SNB | 174.27 | 173.50 | -0.44% |
Shoprite Holdings | SRH | 241.72 | 245.01 | 1.36% |
FirstRand Limited | FST | 73.05 | 72.63 | -0.57% |
Momentum Metropolitan Holdings | MMT | 17.42 | 17.64 | 1.26% |
Old Mutual Ltd | OMM | 13.80 | 13.65 | -1.09% |
Sanlam Limited | SLA | 67.88 | 68.59 | 1.05% |
Santam Limited | SNM | 297.00 | 297.27 | 0.09% |
Vukile Property Fund Limited | VKN | 13.58 | 13.69 | 0.81% |
Investec Limited | IVD | 102.06 | 103.55 | 1.46% |
PSG Konsult Limited | KFS | 13.22 | 13.30 | 0.61% |
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 | 267.50 | 266.49 | -0.38% |
New Gold Platinum ETF N | NGNPLT | 320.73 | 342.22 | 6.70% |
New Funds S&P NAM Bond | NFNAMA | 136.53 | 138.96 | 1.78% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.67 |
EUR/ZAR | 15.97 |
GBP/ZAR | 19.10 |
EUR/GBP | 0.83 |
EUR/USD | 1.10 |
GBP/USD | 1.30 |
AUD/USD | 0.74 |
USD/JPY | 125.01 |
Commodities | |
Gold | 1,941.10 |
Silver | 24.85 |
Platinum | 985.45 |
Palladium | 2,485.77 |
WTI | 96.23 |
Brent | 100.84 |
Table 5: Exchange Rates and Commodities
Local News
Local fishing industry stakeholders want the government to ban foreigners from taking part in quota auctions, to spur growth in the fishing industry. (Namibian Sun)
The vast swarm of locusts, which have decimated vital crops and grassland in the south of the country, has also been linked to the latest road accident which claimed three lives on Friday outside Keetmanshoop. (New Era Newspaper)
Momentum is building against a regulation in the Financial Institutions and Markets Act 2 of 2021 (FIMA) which will see 75% of pension lump sums being withheld until a worker reaches the age of 55. (The Namibian)
Sub-Sahara News
South Africa needs $833.6 billion (~R12.3 trillion) to fund its transition to net-zero emissions, and assistance from developed markets is critical, according to a report by Standard Chartered. (News24)
Most emerging market currencies will continue to struggle against the mighty dollar over the coming year as the U.S. Federal Reserve finally delivers expected aggressive policy tightening, according to a Reuters poll of FX strategists. (CNBC Africa)
The National Industrial Court in Lagos has ordered the telecom giant, Airtel, to pay about N160 million to Abdul-Hakeem Olasewere, an employee wrongfully dismissed by the company on Christmas eve, 2013. (All Africa News)
International News
China’s inflation rose more than expected in March as COVID-19 lockdowns and the fallout of the war in Ukraine pushed up prices in the world’s second-largest economy. (Aljazeera News)
German exports rebounded at a stronger-than-expected pace in February, data from Destatis showed on Monday. (RTT News)
French President Emmanuel Macron will take his hunt for extra votes to the industrial heartlands of northern France on Monday, a blue-collar stronghold of his far-right rival Marine Le Pen who he will face in an April 24 presidential runoff vote. (Reuters)