NSX DAILY UPDATE (14 MARCH 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  263,504  23,743,187 95.93%
ETFs  62,344  1,007,167 4.07%
Total  325,848  24,750,354  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 23,743,187 worth of shares was traded on the NSX on Monday, with about N$ 5,688,189 worth of Anglo-American, N$ 25,056 worth of Investec Limited and N$ 39,250 of Mobile Telecommunications on the home front. ETFs worth N$ 1,007,167 were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price decreased  at closing as the company followed the overall bearish  market condition on the JSE and NSX.
  • Shares belonging to Investec Limited were allotted by market participants yesterday, resulting in an increase in share price
  • On the NSX local listing, Mobile Telecommunications shares were allotted by market participants, resulting in an increase in share price at closing
  • NewFunds S&P Namibia Bond ETF (NFNAM 10 Bonds NM) was traded in large volumes causing an increase in closing price
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 46.98 46.99 0.02%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 14.00 14.00 0.00%
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 7.90 7.90 0.00%
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 766.15 736.80 -3.83%
B2Gold Corporation B2G 68.92 67.92 -1.45%
Oceana Group Limited OCG 55.64 56.10 0.83%
Mediclinic International Plc MEP 66.92 67.39 0.70%
Truworths TRW 55.35 56.10 1.36%
Nedbank Group Limited NBK 222.19 223.86 0.75%
Standard Bank Group SNB 160.33 161.00 0.42%
Shoprite Holdings SRH 234.23 231.59 -1.13%
FirstRand Limited FST 70.18 71.93 2.49%
Momentum Metropolitan Holdings MMT 17.48 17.15 -1.89%
Old Mutual Ltd OMM 13.12 13.01 -0.84%
Sanlam Limited SLA 65.91 66.05 0.21%
Santam Limited SNM 292.00 290.00 -0.68%
Vukile Property Fund Limited VKN 12.27 12.56 2.36%
Investec Limited IVD 88.55 87.59 -1.08%
PSG Konsult Limited KFS 12.11 12.33 1.82%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 282.67 275.14 -2.66%
New Gold Palladium ETF NGNPLD 436.08 350.67 -19.59%
New Gold Platinum ETF N NGNPLT 157.17 151.23 -3.78%
New Funds S&P NAM Bond NFNAMA 16.08 16.22 0.87%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.11
EUR/ZAR 16.59
GBP/ZAR 19.71
EUR/GBP 0.83
EUR/USD 1.10
GBP/USD 1.36
AUD/USD 0.71
USD/JPY 118.34
Commodities  
Gold 1,933.55
Silver 24.98
Platinum 1,032.35
Palladium 2,400.02
WTI 98.21
Brent 101.92

Table 5: Exchange Rates and Commodities 


Local News

Paratus Namibia will be launching its carrier-neutral Data Centre (DC) facility in Windhoek, Namibia. (Namibian Sun)

The Black Business Leadership Network of Namibia (BBLNN), led by its president Irene Simeon-Kurtz, last week made courtesy calls to the GIPF and the Namibia Chamber of Commerce and Industry. (New Era Newspaper)

MORE than 60 employees at the Oshakati Eloolo Abattoir claim they didn’t receive their January and February 2022 salaries. (The Namibian)

Sub-Sahara News

The Electoral Reform Bill is under discussion in Parliament. It is intended to improve the quality of democracy, but could have the opposite effect – and big parties, most particularly the ANC. (News24)

South Africa’s ruling party is being forced to confront a problem that has bedevilled the country since apartheid ended 28 years ago: how to reduce record gross inequality and poverty that hurts the Black majority more than the white minority. (CNBC Africa)

U.S. Secretary of State Antony J. Blinken and African Union Commission Chairperson Moussa Faki Mahamat convened the U.S.-AU Commission High-Level Dialogue to discuss a strengthened partnership to tackle shared challenges. (All Africa News)

International News

An Australian court has overturned a groundbreaking ruling that required the country’s environment minister to consider the potential harm to children from climate change when approving new fossil fuel projects. (Aljazeera News)

Asian stocks fell broadly on Tuesday amid worries about inflation and a mounting risk of a global economic slowdown – often called stagflation (RTT News)

Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets. (Reuters)

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