NSX DAILY UPDATE (12 APRIL 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,617,035.00 88,720,000.3796.62%
ETFs 17,295.00 3,105,016.323.38%
Total 1,634,330.00 91,825,016.68100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 88,720,000.37 worth of shares was traded on the NSX on Wednesday with about N$ 9,228,911 worth of shares belonging to Anglo-American plc and N$ 125,896 worth of FirstRand Namibia on the home front. ETFs worth N$ 3,105,016.32 were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s shares were sold off by market participants on the overall bourse, resulting in the share price decline of 0.4% at closing
  • The shares owned by FirstRand Namibia were traded on the domestic stock exchange, resulting in an increase of 0.2% in share price at the end of the trading day.
  • New Gold Platinum ETF N were subscribed by market participants.
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 NamibiaFNB36.9937.050.16%
Standard Bank NamibiaSNO8.458.450.00%
Oryx LimitedORY11.5011.500.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8112.80-0.08%
Mobile Telecommunication CompanyMOC7.087.080.00%
Alpha Namibia Industries Renewable Power LimitedANE9.008.99-0.11%

Table 2: Primary listed Trades


­­

NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM614.07611.71-0.38%
B2Gold CorporationB2G77.1377.660.69%
Oceana Group LimitedOCG69.8271.171.93%
Mediclinic International PlcMEP113.43114.601.03%
TruworthsTRW54.5754.600.05%
Nedbank Group LimitedNBK223.70215.74-3.56%
Standard Bank GroupSNB170.76172.991.31%
Shoprite HoldingsSRH220.36222.530.98%
FirstRand LimitedFST62.8564.552.70%
Momentum Metropolitan HoldingsMMT18.3718.380.05%
Old Mutual LtdOMM11.8111.27-4.57%
Sanlam LimitedSLA56.3356.550.39%
Santam LimitedSNM285.64286.010.13%
Vukile Property Fund LimitedVKN12.8012.850.39%
Investec LimitedIVD99.72100.100.38%
PSG Konsult LimitedKFS12.5012.15-2.80%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD342.70344.090.41%
New Gold Palladium ETFNGNPLD258.93258.49-0.17%
New Gold Platinum ETF NNGNPLT176.44179.581.78%
New Funds S&P NAM BondNFNAMA18.5018.45-0.27%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.40
EUR/NAD20.22
GBP/NAD22.98
EUR/GBP0.87
EUR/USD1.09
GBP/USD1.24
AUD/USD0.67
USD/JPY133.27
Commodities @ 07:00 
Gold2,030.60
Silver25.53
Platinum1,025.65
Palladium1,446.53
WTI82.95
Brent86.94

Table 5: Exchange Rates and Commodities 


Local News

Namibia will soon demand to sell a bigger share of the diamonds produced by its joint venture with De Beers, mines minister Tom Alweendo said last week. The move could spark tougher negotiations when the sales deal expires in 2026. (Sun Newspaper)

Meatco CEO, Mwilima Mushokabanji, said the corporation needs about N$80 million to operate the soon-to-be-opened Rundu abattoir. (New Era Newspaper)

The Ministry of Agriculture, Water and Land Reform has reportedly started an initiative to excavate new earth dams as catchment areas in regions usually affected by floods, to lessen the aggression of any drought in the future (The Namibian Newspaper)

Sub-Sahara News

South Africa is entering peak electricity demand season with many key power plant units offline – including one at Koeberg. (News24)

Inflation cooled in March as the Federal Reserve’s interest rate increases showed more impact, the Labor Department reported Wednesday. (CNBC Africa)

ZANU PF Makoni West aspiring candidate, Moses Ruwona, has been locked up on allegations of fraud and money laundering. (All Africa News)

International News

The abortion pill mifepristone will remain available in the United States for now but with significant restrictions including a requirement for in-person doctor visits to obtain the drug, a federal appeals court ruled late on Wednesday. (Reuters)

European stocks may struggle for direction on Thursday amid signs that the U.S. economy is slowing. Trading volumes are likely to remain thin heading into Easter weekend. (RTT News)

North Korea has launched what could be a “new type” of a ballistic missile that landed in the waters between the Korean Peninsula and Japan, prompting Tokyo to lodge a “strong protest” after fears the weapon might land in or near its northern island of Hokkaido led to an evacuation order. (Aljazeera News)

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