NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 149,125 | 7,781,393 | 94.86% |
ETFs | 1,517 | 421,301 | 5.14% |
Total | 150,642 | 8,202,694 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 7,781,393 worth of shares was traded on the NSX on Friday, with about N$ 168,674 worth of Anglo-American, N$ 1,413,866 worth of Investec Limited and N$ 98,000 of Capricorn Group Limited on the home front. ETFs worth N$ 421,301 were traded on Friday.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American share price increased at closing as company buyback program was resumed
- Shares belonging to Investec Limited were dumped by market participants on Friday
- On the NSX local listing, Capricorn Group Limited shares were allotted by market participants, resulting in an increase in share price at closing
- ETF New Gold Issuer Ltd NM was traded in large volumes without any change in asking price
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 46.98 | 46.98 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.20 | 14.00 | 6.06% |
First Rand Namibia | FNB | 29.51 | 29.51 | 0.00% |
Standard Bank Namibia | SNO | 5.38 | 5.38 | 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 | 12.77 | 12.77 | 0.00% |
Mobile Telecommunication Company | MOC | 8.08 | 7.90 | -2.23% |
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 | 755.00 | 766.15 | 1.48% |
B2Gold Corporation | B2G | 68.45 | 68.92 | 0.69% |
Oceana Group Limited | OCG | 55.64 | 55.64 | 0.00% |
Mediclinic International Plc | MEP | 66.97 | 66.92 | -0.07% |
Truworths | TRW | 55.35 | 55.35 | 0.00% |
Nedbank Group Limited | NBK | 216.64 | 222.19 | 2.56% |
Standard Bank Group | SNB | 159.28 | 160.33 | 0.66% |
Shoprite Holdings | SRH | 234.50 | 234.23 | -0.12% |
FirstRand Limited | FST | 67.49 | 70.18 | 3.99% |
Momentum Metropolitan Holdings | MMT | 17.43 | 17.48 | 0.29% |
Old Mutual Ltd | OMM | 12.65 | 13.12 | 3.72% |
Sanlam Limited | SLA | 62.92 | 65.91 | 4.75% |
Santam Limited | SNM | 293.00 | 292.00 | -0.34% |
Vukile Property Fund Limited | VKN | 12.48 | 12.27 | -1.68% |
Investec Limited | IVD | 86.61 | 88.55 | 2.24% |
PSG Konsult Limited | KFS | 11.90 | 12.11 | 1.76% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 282.67 | 282.67 | 0.00% |
New Gold Palladium ETF | NGNPLD | 436.08 | 436.08 | 0.00% |
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 | 15.08 |
EUR/ZAR | 16.46 |
GBP/ZAR | 19.63 |
EUR/GBP | 0.83 |
EUR/USD | 1.10 |
GBP/USD | 1.36 |
AUD/USD | 0.73 |
USD/JPY | 117.80 |
Commodities | |
Gold | 1,977.70 |
Silver | 25.89 |
Platinum | 1,071.90 |
Palladium | 2,693.27 |
WTI | 106.46 |
Brent | 109.91 |
Table 5: Exchange Rates and Commodities
Local News
The government has indicated that it intends to impose a withholding tax on dividends earned by residents from local investments, the so-called residents’ dividend withholding tax. (Namibian Sun)
The National Oil Storage Facility at Walvis Bay, which has been marred by controversy due to an exorbitant escalation of funding requirements, is crucial for the security of petroleum products supply for Namibia. (New Era Newspaper)
Ongwediva MediPark hospital managing director Tshali Iithele has been axed from his position, the chairperson of the hospital’s board of directors, Riël du Toit, said this week. (The Namibian)
Sub-Sahara News
The impact of the Russian invasion of Ukraine on the vegetable oil market in SA will be visible within the next few months. (News24)
South Africa’s Standard Bank SBKJ.J is trying to convince the Industrial and Commercial Bank of China (ICBC) 601398.SS to buy its 40% stake in their London-based joint venture, CEO Sim Tshabalala said on Friday. (CNBC Africa)
As the federal government continue its borrowing spree and debt servicing constituting a major threat to Nigeria’s economy, it has emerged that the Central Bank of Nigeria (CBN) spent $13.1billion in 11 years to settle Nigeria’s foreign debt obligations. (All Africa News)
International News
Russia has said it is banking on China’s help to withstand the crippling economic sanctions placed by Western nations over the war in Ukraine as the United States warned Beijing not to provide that lifeline. (Aljazeera News)
Asian stocks plunged on Monday as Brent crude hit an intraday high of $139 a barrel, the highest since 2008 (RTT News)
Most share markets firmed and oil slid on Monday on hopes for progress in Russian-Ukraine peace talks even as fighting continued to rage, while bond markets braced for rate rises in the United States and the UK this week. (Reuters)