NSX DAILY UPDATE (17 JANUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 590,997.00 16,936,419.3693.33%
ETFs 62,644.00 1,210,514.806.67%
Total 653,641.00 18,146,934.16100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 16,936,419.36 worth of shares was traded on the NSX on Tuesday with about N$ 949,511 worth of shares belonging to Anglo-American and N$ 801,900 from Capricorn Group Limited on the home front. ETFs worth N$ 1,210,514.80 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American performance on the overall bourse continues its performance on an upward trajectory as investors turn to commodity-driven companies as a safe haven
  • Capricorn Group shares were traded by market participants, resulting in a 3.4% increase in share price at closing
  • New Gold Issuer Ltd NM ETF remains on an upward trend as it mimics gold price, hence the subscription by market participants
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0146.010.00%
Nictus HoldingsNHL1.751.908.57%
CapricornCGP13.0613.503.37%
First Rand NamibiaFNB33.0133.010.00%
Standard Bank NamibiaSNO4.444.460.45%
Oryx LimitedORY11.4911.490.00%
Letshego  LHN3.503.500.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.2013.200.00%
Mobile Telecommunication CompanyMOC7.047.03-0.14%
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 plcANM738.25749.921.58%
B2Gold CorporationB2G70.5769.74-1.18%
Oceana Group LimitedOCG65.4068.003.98%
Mediclinic International PlcMEP102.83104.601.72%
TruworthsTRW61.3162.842.50%
Nedbank Group LimitedNBK215.33213.04-1.06%
Standard Bank GroupSNB172.20168.99-1.86%
Shoprite HoldingsSRH241.91240.00-0.79%
FirstRand LimitedFST64.8464.39-0.69%
Momentum Metropolitan HoldingsMMT18.7418.45-1.55%
Old Mutual LtdOMM11.5311.49-0.35%
Sanlam LimitedSLA53.8953.62-0.50%
Santam LimitedSNM256.99256.65-0.13%
Vukile Property Fund LimitedVKN13.2513.310.45%
Investec LimitedIVD109.48105.88-3.29%
PSG Konsult LimitedKFS12.2012.250.41%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD303.45305.570.70%
New Gold Palladium ETFNGNPLD288.17284.61-1.24%
New Gold Platinum ETF NNGNPLT174.40173.27-0.65%
New Funds S&P NAM BondNFNAMA18.1118.05-0.33%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.06
EUR/NAD18.41
GBP/NAD20.98
EUR/GBP0.87
EUR/USD1.07
GBP/USD1.22
AUD/USD0.70
USD/JPY130.63
Commodities @ 08:00 
Gold1,903.10
Silver24.12
Platinum1,038.40
Palladium1,724.53
WTI81.50
Brent86.88

Table 5: Exchange Rates and Commodities 


Local News

The Government Institutions Pension Fund (GIPF) financial position improved from N$136.2 billion recorded in the last year financial year to N$147.9 billion for the period ending 31 March 2022. (Sun Newspaper)

A report into government spending during the Covid-19 pandemic has lifted a veil on potential maleficence in the State’s procurement of goods and services. (New Era Newspaper)

The Information and Communication Technology (ICT) industry on the Namibian Stock Exchange (NSX) index for 2022 reported negative growth, but the sector’s regulator is upbeat about 2023. (The Namibian)

Sub-Sahara News

Retail group Spar said on Tuesday that CEO Brett Botten will be retiring at the end of January as part of a shakeup which will also see former chair Graham O’Connor leave the board after the group’s annual meeting in February. (News24)

European markets are heading for a flat to lower open Tuesday, with concerns about the global economy high on the agenda at the World Economic Forum in Davos this week. (CNBC Africa)

The head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has unveiled plans to speed up the licensing and use of effective novel vaccines against tuberculosis (TB), the second leading infectious killer after COVID-19 and the 13th leading cause of death worldwide. (All Africa News)

International News

Millions of urban workers were on the move across China on Wednesday ahead of the expected Friday peak of its Lunar New Year mass migration, as China’s leaders looked to get its COVID-battered economy moving. (Reuters)

Asian stocks ended mixed on Wednesday as caution crept in ahead of the release of U.S. consumer price inflation data on Thursday. (RTT News)

The top United States military officer traveled to Poland and talked with his Ukrainian counterpart face to face for the first time as Russia’s war on Ukraine nears the one-year mark. (Aljazeera News)

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