NSX DAILY UPDATE (11 APRIL 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 403,707.00 12,743,456.19100.00%
ETFs –   –  0.00%
Total 403,707.00 12,743,456.19100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 12,743,456.19worth of shares was traded on the NSX on Tuesday with about N$ 845,783 worth of shares belonging Oceana Group Limited and N$  1,771,801 worth of Capricorn Group on the home front.  No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Oceana Group’s shares were sold off by market participants on the overall bourse, resulting in the share price decline to 1.7% at closing
  • The shares owned by Capricorn Group were traded on the domestic stock exchange, resulting in no change in share price at the end of the trading day.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS32.0132.010.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8513.850.00%
First Rand NamibiaFNB37.0036.99-0.03%
Standard Bank NamibiaSNO8.458.450.00%
Oryx LimitedORY11.4911.500.09%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8112.810.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
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 plcANM594.74614.073.25%
B2Gold CorporationB2G75.0377.132.80%
Oceana Group LimitedOCG71.0069.82-1.66%
Mediclinic International PlcMEP113.10113.430.29%
TruworthsTRW54.1654.570.76%
Nedbank Group LimitedNBK221.35223.701.06%
Standard Bank GroupSNB170.24170.760.31%
Shoprite HoldingsSRH225.76220.36-2.39%
FirstRand LimitedFST62.1262.851.18%
Momentum Metropolitan HoldingsMMT18.1918.370.99%
Old Mutual LtdOMM11.8911.81-0.67%
Sanlam LimitedSLA56.1756.330.28%
Santam LimitedSNM289.55285.64-1.35%
Vukile Property Fund LimitedVKN12.7312.800.55%
Investec LimitedIVD98.5499.721.20%
PSG Konsult LimitedKFS12.0312.503.91%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD341.73342.700.28%
New Gold Palladium ETFNGNPLD253.24258.932.25%
New Gold Platinum ETF NNGNPLT176.51176.44-0.04%
New Funds S&P NAM BondNFNAMA18.5518.50-0.27%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.36
EUR/NAD20.06
GBP/NAD22.84
EUR/GBP0.87
EUR/USD1.09
GBP/USD1.24
AUD/USD0.66
USD/JPY133.77
Commodities @ 07:00 
Gold2,035.05
Silver2556
Platinum1,011.65
Palladium1,451.53
WTI81.60
Brent85.69

Table 5: Exchange Rates and Commodities 


Local News

The International Monetary Fund (IMF) forecasts economic growth of 2.8% for Namibia in its latest World Economic Outlook, released today. (Sun Newspaper)

Namibia has secured about N$161 billion worth of investment opportunities as of March 2023 with the potential to create more jobs. This was the uplifting news from CEO of the Namibia Investment Promotion and Development Board, Nangula Uaandja, who made the announcement last week. (New Era Newspaper)

First Lady Monica Geingos’ One Economy Foundation is building a N$40 million centre at the government-owned Katutura Youth Complex in Windhoek (The Namibian Newspaper)

Sub-Sahara News

The collapse of seven pylons on the N4 in Pretoria on Sunday night has shut down a Ford plant, causing an output loss of 720 vehicles a day. (News24)

The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe flare-up of financial system turmoil could slash output to near recessionary levels. (CNBC Africa)

Researchers from the Belgian University of Louvain found that 45% of the forest destruction in Côte d’Ivoire between 2000 and 2019 was the result of unregulated cocoa production. The tropical forest covering 2.5 million hectares was destroyed for cocoa plantations, Radio France Internationale reports. (All Africa News)

International News

Four army personnel were killed in a firing incident at a military station in the Indian border state of Punjab early on Wednesday, officials said, adding that a search for the shooters was in progress.. (Reuters)

European stocks may open flat to slightly lower on Wednesday after weak U.S. data provided further evidence of a cooling economy (RTT News)

Scrolling through Twitter during the past few weeks, Sarah Hurst, an independent journalist in the United Kingdom, began noticing changes in the way the platform displayed certain government and media accounts. (Aljazeera News)

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