NSX DAILY UPDATE (10 JUNE 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 1,701,268  51,476,283 96.47%
ETFs  8,269  1,882,305 3.53%
Total  1,709,537  53,358,588  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 51,476,283 worth of shares was traded on the NSX on Thursday, with about N$ 606,593 worth of Anglo- American, N$ 206,063 worth of Shoprite Holdings, and N$ 41,197,615 worth of FirstRand Namibia Ltd on the home front. ETFs worth N$ 1,882,305 were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American shares price decreased at closing following a market meltdown on the JSE
  • Shares in Shoprite Holdings slightly increased as it tries to bounce back from the bearish market condition
  • On the local NSX front, FirstRand Namibia Ltd shares were traded in large volumes, however, it did not change the share price at closing
  • Over the ETF markets, there was a minor sell-off trend emerging as some commodity prices fell in value.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 42.00 42.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 12.40 13.00 4.84%
First Rand Namibia FNB 30.50 30.50 0.00%
Standard Bank Namibia SNO 4.50 4.50 0.00%
Oryx Limited ORY 10.25 10.26 0.10%
Letshego LHN 3.00 3.00 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.19 12.19 0.00%
Mobile Telecommunication Company MOC 8.00 8.00 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 762.94 749.39 -1.78%
B2Gold Corporation B2G 63.18 62.93 -0.40%
Oceana Group Limited OCG 56.93 57.37 0.77%
Mediclinic International Plc MEP 79.78 83.51 4.68%
Truworths TRW 53.37 53.82 0.84%
Nedbank Group Limited NBK 220.00 218.31 -0.77%
Standard Bank Group SNB 161.24 158.25 -1.85%
Shoprite Holdings SRH 209.55 210.34 0.38%
FirstRand Limited FST 68.22 66.92 -1.91%
Momentum Metropolitan Holdings MMT 14.36 14.24 -0.84%
Old Mutual Ltd OMM 12.51 12.39 -0.96%
Sanlam Limited SLA 60.93 59.11 -2.99%
Santam Limited SNM 270.29 270.33 0.01%
Vukile Property Fund Limited VKN 13.63 14.27 4.70%
Investec Limited IVD 93.30 92.20 -1.18%
PSG Konsult Limited KFS 11.74 11.80 0.51%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 265.09 264.37 -0.27%
New Gold Palladium ETF NGNPLD 288.72 286.70 -0.70%
New Gold Platinum ETF N NGNPLT 148.98 144.93 -2.72%
New Funds S&P NAM Bond NFNAMA 16.89 16.95 0.36%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.44
EUR/ZAR 16.42
GBP/ZAR 19.32
EUR/GBP 0.85
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 133.76
Commodities  
Gold 1 847.75
Silver 21.70
Platinum 971.55
Palladium 1,929.03
WTI 121.10
Brent 122.6

Table 5: Exchange Rates and Commodities 


Local News

A change in the way South Africa’s central bank implements monetary policy may lead to greater volatility in the rand. (Namibian Sun)

The Namibia Economic Freedom Fighters yesterday asked the ombudsman to launch an investigation into President Hage Geingob’s alleged role in the circumstance of theft of almost US$4 million from South African counterpart Cyril Ramaphosa’s farm. (New Era Newspaper)

President Hage Geingob has criticized the country’s education system’s capacity to produce employees for the labor market. (The Namibian)

Sub-Sahara News

Eskom said it will give the transmission unit that it’s transforming into a separate entity an R39.9 billion loan to make sure it can complete projects and be financially viable. (News24)

The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits. (CNBC Africa)

As of June 9, 2022, confirmed cases of Covid-19 from 55 African countries reached 11,761,791 while 321,791,657 vaccinations have been administered across the continent. (All Africa News)

International News

China’s commercial hub of Shanghai faces an unexpected round of mass COVID-19 testing for most residents this weekend – just 10 days after a city-wide lockdown was lifted – unsettling residents and raising concerns about the impact on business. (Reuters)

Germany’s exports rebounded at a stronger than expected pace in April despite sanctions imposed on Russia dampening trade in Europe. (RTT News)

Thursday’s verdict by the supreme court of the self-proclaimed Donetsk People’s Republic (DPR), a region that is controlled by Russia-backed rebels and not internationally recognized as independent, marks the first conviction of foreign fighters since Russia invaded Ukraine on February 24. (Aljazeera News)

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