NSX DAILY UPDATE (10 JANUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 620,317.00 55,903,180.32100.00%
ETFs –   –  0.00%
Total 620,317.00 55,903,180.32 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 55,903,180.32 worth of shares was traded on the NSX on Tuesday with about N$ 7,065,186 worth of shares belonging to Anglo-American plc and N$ 17,500 from Letshego Holdings Ltd on the home front. No ETFs were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American plc performance on the overall bourse increased by decreased as investors rearrange their portfolios based on volatility experienced in the resource sector
  • Letshego Holdings Ltd shares were traded by market participants, with an increase in share price as investor sentiments remain positive based on prior company performance
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0313.030.00%
First Rand NamibiaFNB33.0033.000.00%
Standard Bank NamibiaSNO4.424.420.00%
Oryx LimitedORY11.5011.500.00%
Letshego  LHN3.003.5016.67%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.2013.200.00%
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 plcANM730.43720.00-1.43%
B2Gold CorporationB2G66.8665.04-2.72%
Oceana Group LimitedOCG66.4667.571.67%
Mediclinic International PlcMEP102.51103.040.52%
TruworthsTRW59.4060.531.90%
Nedbank Group LimitedNBK214.95213.65-0.60%
Standard Bank GroupSNB171.25169.78-0.86%
Shoprite HoldingsSRH235.54238.801.38%
FirstRand LimitedFST64.1163.02-1.70%
Momentum Metropolitan HoldingsMMT18.1418.341.10%
Old Mutual LtdOMM11.3211.28-0.35%
Sanlam LimitedSLA52.9652.34-1.17%
Santam LimitedSNM256.67259.030.92%
Vukile Property Fund LimitedVKN13.0313.211.38%
Investec LimitedIVD108.84109.720.81%
PSG Konsult LimitedKFS12.2012.260.49%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD296.58298.410.62%
New Gold Palladium ETFNGNPLD293.15295.490.80%
New Gold Platinum ETF NNGNPLT178.55177.38-0.66%
New Funds S&P NAM BondNFNAMA18.2018.15-0.27%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD16.99
EUR/NAD18.27
GBP/NAD20.68
EUR/GBP0.88
EUR/USD1.07
GBP/USD1.21
AUD/USD0.69
USD/JPY132.94
Commodities @ 08:00 
Gold1,887.10
Silver24.01
Platinum1,097.65
Palladium1,782.28
WTI74.46
Brent79.47

Table 5: Exchange Rates and Commodities 


Local News

World food prices fell for a ninth month in a row in December, though they hit their highest level on record for the full year in 2022.  (Sun Newspaper)

Climate change is likely to have huge implications for Namibian society and its economy over the short, medium, and long-term, an economist with the Institute for Public Policy Research (IPPR) Robin Sherbourne said. (New Era Newspaper)

Finance spokesperson Wilson Shikoto, during a Desert Radio interview, said underprivileged women and girls typically do not use tampons, hence the decision to maintain a 15% value-added tax (VAT) on these items. (The Namibian)

Sub-Sahara News

South Africa has entered a critical phase of revamping its sole nuclear plant and needs it to run according to plan to avoid deepening power cuts that are already at a record and wreaking havoc on the economy. (News24)

Ghana is set to request on Tuesday to restructure its debt with official bilateral creditors under the common framework platform supported by the Group of 20 major economies. (CNBC Africa)

Uganda is waiting to be declared Ebola-free on Wednesday, January 11 after going 42 days without reporting a new case. (All Africa News)

International News

The battle for the eastern Ukrainian salt mining town raged in sub-zero temperatures on Wednesday, as Russia’s mercenary Wagner Group claimed it had taken control, with its fighters training their fire on a pocket of resistance in the town Centre. (Reuters)

European stocks rose for a third day running on Wednesday, even as U.K. markets underperformed amid a decline in commodity-related stocks (RTT News)

Ukraine says it is strengthening its forces around Bakhmut in the eastern Donbas region and repelling constant attacks there by the Russian mercenary group Wagner. (Aljazeera News)

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