NSX DAILY UPDATE (10 MARCH 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  100,832  6,482,258 100.00%
ETFs  –    –   0.00%
Total  100,832  6,482,258  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 6,482,258 worth of shares was traded on the NSX on Thursday, with about N$ 762,166 worth of Anglo-American, N$ 31,997 worth of Shoprite Holdings, and N$ 188,032 of Capricorn Group Limited  on the home front. No ETFs were traded on Thursday.

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, Capricorn Group Limited  shares were allotted by market participants, resulting in an increase 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 46.98 -2.10%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.15 13.20 0.38%
First Rand Namibia FNB 29.50 29.51 0.03%
Standard Bank Namibia SNO 5.39 5.38 -0.19%
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 12.77 12.77 0.00%
Mobile Telecommunication Company MOC 8.10 8.10 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 779.00 755.00 -3.08%
B2Gold Corporation B2G 68.45 68.45 0.00%
Oceana Group Limited OCG 52.30 55.64 6.39%
Mediclinic International Plc MEP 66.36 66.97 0.92%
Truworths TRW 55.35 55.35 0.00%
Nedbank Group Limited NBK 215.89 216.64 0.35%
Standard Bank Group SNB 156.88 159.28 1.53%
Shoprite Holdings SRH 233.04 234.50 0.63%
FirstRand Limited FST 64.94 67.49 3.93%
Momentum Metropolitan Holdings MMT 17.08 17.43 2.05%
Old Mutual Ltd OMM 12.42 12.65 1.85%
Sanlam Limited SLA 60.76 62.92 3.55%
Santam Limited SNM 296.04 293.00 -1.03%
Vukile Property Fund Limited VKN 12.06 12.48 3.48%
Investec Limited IVD 84.55 86.61 2.44%
PSG Konsult Limited KFS 12.20 12.20 0.00%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 279.14 282.67 1.26%
New Gold Palladium ETF NGNPLD 441.38 436.08 -1.20%
New Gold Platinum ETF N NGNPLT 157.17 157.17 0.00%
New Funds S&P NAM Bond NFNAMA 16.08 16.08 0.00%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.05
EUR/ZAR 16.57
GBP/ZAR 19.70
EUR/GBP 0.83
EUR/USD 1.10
GBP/USD 1.36
AUD/USD 0.73
USD/JPY 116.66
Commodities  
Gold 1,991.05
Silver 26.08
Platinum 1,078.50
Palladium 2,932.77
WTI 106.54
Brent 109.78

Table 5: Exchange Rates and Commodities 


Local News

The South West Africa National Union (Swanu) introduced a motion in Parliament this week asking that the retirement age of academics be reviewed. (Namibian Sun)

During a consultative meeting with the leadership of Rally for Democracy and Progress (RDP) at State House on Tuesday, Geingob stressed politicians should work together in developmental projects that uplift the local populace. (New Era Newspaper)

FORMER Small and Medium Enterprises Bank board chairperson Andrew Ndishishi has failed with an attempt to get out of a lawsuit in which he and other directors of the failed bank are being sued by the bank’s liquidators. (The Namibian)

Sub-Sahara News

A South African energy group has said Parliament was “misled” after it voted to quash a probe into the country’s much-delayed emergency energy plan. (News24)

President Cyril Ramaphosa said on Thursday South Africa had been asked to mediate in the Russia-Ukraine conflict, and that he had told his Russian counterpart Vladimir Putin in a phone call it should be settled through negotiations. (CNBC Africa)

African economies, already battling to recover from a Covid-induced recession, face major obstacles as they manage “spillover” effects from the war in Ukraine, IMF Managing Director Kristalina Georgieva told a media roundtable with global reporters on Thursday (March 10, 2022). (All Africa News)

International News

Russian President Vladimir Putin has said sanctions imposed against Russia would rebound against the West, including in the form of higher food and energy prices, and Moscow would solve its problems and emerge stronger. (Aljazeera News)

European stocks fell sharply on Friday and were on course for their third consecutive week of declines after Russia took control of Europe’s biggest nuclear power plant. (RTT News)

he United States, together with the Group of Seven nations and the European Union, will move on Friday to revoke Russia’s “most favoured nation” status over its invasion of Ukraine, multiple people familiar with the situation told Reuters. (Reuters)

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