NSX DAILY UPDATE (13 MARCH 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 31,573.00 1,024,065.1073.69%
ETFs 1,064.00 365,696.8026.31%
Total 32,637.00 1,389,761.90100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 1,024,065.10 worth of shares was traded on the NSX on Thursday with about N$ 191,286 worth of shares belonging to Old Mutual Ltd and N$   142,028 worth of Namibia Breweries on the home front. ETFs worth N$ 365,696.80 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Old Mutual’s shares were traded by market participants on the overall bourse, resulting in no change in share price at closing
  • The shares owned by Namibia Breweries were traded on the domestic stock exchange, resulting in no change in share price at the end of the trading day.
  • New Gold Issuer Ltd NM was sold off 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%
CapricornCGP13.8513.860.07%
First Rand NamibiaFNB37.0537.050.00%
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 LtdPNH12.8012.800.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
Alpha Namibia Industries Renewable Power LimitedANE8.998.990.00%

Table 2: Primary listed Trades


­­

NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM611.71609.91-0.29%
B2Gold CorporationB2G77.6678.420.98%
Oceana Group LimitedOCG71.1769.00-3.05%
Mediclinic International PlcMEP114.60112.86-1.52%
TruworthsTRW54.6054.980.70%
Nedbank Group LimitedNBK215.74214.63-0.51%
Standard Bank GroupSNB172.998.45-95.12%
Shoprite HoldingsSRH222.53222.22-0.14%
FirstRand LimitedFST64.5564.05-0.77%
Momentum Metropolitan HoldingsMMT18.3818.25-0.71%
Old Mutual LtdOMM11.2711.270.00%
Sanlam LimitedSLA56.5556.40-0.27%
Santam LimitedSNM286.01280.40-1.96%
Vukile Property Fund LimitedVKN12.8512.950.78%
Investec LimitedIVD100.1098.59-1.51%
PSG Konsult LimitedKFS12.1512.210.49%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD344.09343.05-0.30%
New Gold Palladium ETFNGNPLD258.49256.73-0.68%
New Gold Platinum ETF NNGNPLT179.58182.111.41%
New Funds S&P NAM BondNFNAMA18.4518.711.41%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.02
EUR/NAD19.95
GBP/NAD22.59
EUR/GBP0.88
EUR/USD1.10
GBP/USD1.25
AUD/USD0.67
USD/JPY132.49
Commodities @ 07:00 
Gold2,056.40
Silver26.08
Platinum1,068.15
Palladium1,509.28
WTI82..52
Brent86.36

Table 5: Exchange Rates and Commodities 


Local News

Canadian mining company B2Gold yesterday informed its Namibian employees of looming retrenchments, as its Otjikoto mine outside Otjiwarongo enters its last nine years of commercial viability. (Sun Newspaper)

The Development Bank of Namibia’s (DBN’s) Sustainable Finance Framework is aligned with the four core components of the International Capital Market Association’s (ICMA) Green Bond Principles 2021, Social Bond Principles 2021, Sustainability Bond Guidelines 2021, as well as the Loan Market Association’s (LMA) Green Loan Principles 2023 and Social Loan Principles 2023. (New Era Newspaper)

At the end of December last year, over 1,3 million Namibians had about N$25,000 or less in their bank accounts, and inflation is to blame, analysts say (The Namibian Newspaper)

Sub-Sahara News

South Africa attracted R1.51 trillion of new investment pledges over the past five years, 26% more than a target set in 2018, President Cyril Ramaphosa said. (News24)

Emerging market currencies extended gains for a third straight session on Thursday as the dollar hit a two-month low after data showing cooling U.S. inflation raised bets of a pause in the U.S. Federal Reserve’s rate hike cycle. (CNBC Africa)

In a report presented to the United Nations Security Council on Wednesday, UN Secretary-General Antonio Guterres urged Mali’s ruling junta to “accelerate” the pace of the handover, in order to return power to elected civilians by early 2024 as promised. (All Africa News)

International News

Taiwan President Tsai Ing-wen on Friday thanked fighter pilots who scrambled against China’s air force during its drills around the island and pledged to keep strengthening the armed forces, as Beijing’s military activities around the island ebbed. (Reuters)

Employment in the U.S. increased roughly in line with economist estimates in the month of March, according to a closely watched report released by the Labor Department on Friday. (RTT News)

North Korea has announced the successful test of its first solid-fuel intercontinental ballistic missile (ICBM), a key goal of leader Kim Jong Un’s plan to develop more advanced and powerful weaponry. (Aljazeera News)

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