NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 120,743 | 18,874,757 | 100.00% |
ETFs | – | – | 0.00% |
Total | 120,743 | 18,874,757 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 18,874,757 worth of shares was traded on the NSX on Wednesday, with about N$ 10,972,378 worth of Anglo-American, N$ 3,624,328 worth of Shoprite Holdings, and N$ 68,604 of Mobile Telecommunications Limited on the home front. No ETFs were traded on Wednesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American decreased in share price at closing as company buyback program was halted
- Shares belonging to Shoprite Holdings were purchased off by market participants
- On the NSX local listing, Mobile Telecommunications Limited shares were sold in large volume resulting in an decrease in share price at closing
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 47.99 | 47.99 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.15 | 13.15 | 0.00% |
First Rand Namibia | FNB | 29.51 | 29.50 | -0.03% |
Standard Bank Namibia | SNO | 5.39 | 5.39 | 0.00% |
Oryx Limited | ORY | 10.00 | 10.00 | 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 | 12.78 | 12.77 | -0.08% |
Mobile Telecommunication Company | MOC | 8.24 | 8.10 | -1.70% |
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 | 765.00 | 779.00 | 1.83% |
B2Gold Corporation | B2G | 68.08 | 68.45 | 0.54% |
Oceana Group Limited | OCG | 49.30 | 52.30 | 6.09% |
Mediclinic International Plc | MEP | 65.11 | 66.36 | 1.92% |
Truworths | TRW | 55.88 | 55.35 | -0.95% |
Nedbank Group Limited | NBK | 208.22 | 215.89 | 3.68% |
Standard Bank Group | SNB | 153.47 | 156.88 | 2.22% |
Shoprite Holdings | SRH | 228.33 | 233.04 | 2.06% |
FirstRand Limited | FST | 63.30 | 64.94 | 2.59% |
Momentum Metropolitan Holdings | MMT | 16.87 | 17.08 | 1.24% |
Old Mutual Ltd | OMM | 12.28 | 12.42 | 1.14% |
Sanlam Limited | SLA | 59.94 | 60.76 | 1.37% |
Santam Limited | SNM | 291.81 | 296.04 | 1.45% |
Vukile Property Fund Limited | VKN | 11.98 | 12.06 | 0.67% |
Investec Limited | IVD | 78.89 | 84.55 | 7.17% |
PSG Konsult Limited | KFS | 11.75 | 12.20 | 3.83% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 291.80 | 279.14 | -4.34% |
New Gold Palladium ETF | NGNPLD | 456.71 | 441.38 | -3.36% |
New Gold Platinum ETF N | NGNPLT | 173.47 | 157.17 | -9.40% |
New Funds S&P NAM Bond | NFNAMA | 15.91 | 16.08 | 1.07% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 15.05 |
EUR/ZAR | 16.64 |
GBP/ZAR | 19.82 |
EUR/GBP | 0.83 |
EUR/USD | 1.10 |
GBP/USD | 1.36 |
AUD/USD | 0.73 |
USD/JPY | 116.13 |
Commodities | |
Gold | 1,987.00 |
Silver | 25.85 |
Platinum | 1,094.65 |
Palladium | 2,930.27 |
WTI | 109.86 |
Brent | 113.48 |
Table 5: Exchange Rates and Commodities
Local News
Erongo regional sports officer Berthold Karumendu is pleading with the business community to assist long-distance runner David Dam in his quest to compete at events outside Namibia. (Namibian Sun)
The Development Bank of Namibia (DBN) has issued a new bond, DBN29, with a face value of N$130 million. The seven-year bond was issued via private placement on 4 March 2022 and matures on 5 March 2029. (New Era Newspaper)
The Namibia Competition Commission (NCC) is investigating the sale of Bank of Namibia governor Johannes !Gawaxab’s interests in Eos Capital Namibia, an investment firm with a portfolio of close to N$1 billion. (The Namibian)
Sub-Sahara News
Eskom is heading for a “financial bloody nose” as its plants continue to fail at a time when global prices for diesel, fuel oil, and coal are rocketing due to the invasion of Ukraine. (News24)
Momentum Metropolitan Holdings saw an increase in headline earnings per share by 64 per cent as well as improvements in new business value and volumes (CNBC Africa)
The information landscape in Africa – as elsewhere in the world – has expanded exponentially over the last decade. The proliferation of platform media, including Facebook, Twitter and YouTube, has been instrumental in this expansion. This has created important new debating spaces. (All Africa News)
International News
Yoon Suk Yeol, a conservative former top prosecutor, has been elected South Korea’s new president, defeating his chief liberal rival in one of the country’s most closely fought presidential elections. (Aljazeera News)
European stocks edged lower on Thursday amid worries about commodity-led inflationary pressures, as Russia faced a severed global backlash over its full-scale attack on Ukraine. (RTT News)
Russia’s war in Ukraine entered the third week on Thursday with none of its key objectives reached despite thousands of people killed, more than two million made refugees, and thousands forced to cower in besieged cities under relentless bombardment. (Reuters)