NSX DAILY UPDATE (08 FEBRUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 52,007.00 5,391,744.19100.00%
ETFs –   –  0.00%
Total 52,007.00 5,391,744.19100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 5,391,744.19 worth of shares was traded on the NSX on Wednesday with about N$ 1,405,175 worth of shares belonging to Anglo-American and N$ 2,276 from Oryx Properties Limited on the home front. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s share performance on the overall bourse declined post its agreement to acquire a 99% minority interest in Canada Nickel, owned by Crawford nickel project
  • Oryx Properties’ shares were traded resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.5313.530.00%
First Rand NamibiaFNB33.0433.040.00%
Standard Bank NamibiaSNO5.115.110.00%
Oryx LimitedORY11.3811.380.00%
Letshego  LHN3.513.510.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.1913.190.00%
Mobile Telecommunication CompanyMOC7.047.040.00%
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 plcANM716.85717.060.03%
B2Gold CorporationB2G66.3466.670.50%
Oceana Group LimitedOCG70.5071.801.84%
Mediclinic International PlcMEP104.96106.161.14%
TruworthsTRW67.5365.68-2.74%
Nedbank Group LimitedNBK231.40231.630.10%
Standard Bank GroupSNB179.72179.53-0.11%
Shoprite HoldingsSRH230.77230.40-0.16%
FirstRand LimitedFST64.8964.65-0.37%
Momentum Metropolitan HoldingsMMT19.4019.651.29%
Old Mutual LtdOMM11.6511.841.63%
Sanlam LimitedSLA58.0058.400.69%
Santam LimitedSNM289.23290.840.56%
Vukile Property Fund LimitedVKN13.1413.401.98%
Investec LimitedIVD110.30113.082.52%
PSG Konsult LimitedKFS12.2712.441.39%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD307.67309.940.74%
New Gold Palladium ETFNGNPLD283.21282.05-0.41%
New Gold Platinum ETF NNGNPLT164.66167.871.95%
New Funds S&P NAM BondNFNAMA18.2118.210.00%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.75
EUR/NAD19.01
GBP/NAD21.42
EUR/GBP0.88
EUR/USD1.07
GBP/USD1.20
AUD/USD0.69
USD/JPY131.30
Commodities @ 08:00 
Gold1,889.35
Silver22.32
Platinum9875.75
Palladium1,633.78
WTI78.42
Brent85.12

Table 5: Exchange Rates and Commodities 


Local News

President Hage Geingob yesterday told ministers who are in Cabinet to advance their own personal agendas and who disagree with the executive’s collective decision-making to resign (Sun Newspaper)

One of the claimants Ovaherero Traditional Authority paramount chiefs, academic Mutjinde Katjiua, says he has located his mission for the polarised community, but like his predecessors, he too faces counter-revolutionary forces. (New Era Newspaper)

Small business operators, commonly known as ‘order with me’ entrepreneurs, have lashed out over paperwork requirements before importing cellphones and other telecommunications gadgets. This comes as the Communications Regulatory Authority of Namibia (CRAN) and the Namibia Revenue Agency (NAMRA) have teamed up to crack down on cellphones and other communications devices imported without proper paperwork. (The Namibian)

Sub-Sahara News

Civic organizations want President Cyril Ramaphosa to deliver more concrete plans to fix the country in his State of the Nation Address (SONA) on Thursday. (News24)

Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and investors, unless commodity costs decline or the shift to cheaper store-brand products accelerates. (CNBC Africa)

The Supreme Court Wednesday ordered the Central Bank of Nigeria (CBN) not to end the use of old naira notes on 10 February. (All Africa News)

International News

President Tayyip Erdogan on Wednesday admitted there were problems with his government’s initial response to a devastating earthquake in southern Turkey, amid anger from those left destitute and frustrated over the slow arrival of rescue teams. (Reuters)

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders reacted positively to the US Fed’s decision not to raise its benchmark lending rate more than widely expected. (RTT News)

The United States Navy has released the first official images of its effort to recover what Washington says was a Chinese “surveillance balloon”, which was shot down over the Atlantic Ocean after being spotted in US airspace last week. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2022
This is the right footer