NSX DAILY UPDATE (17 MAY 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  1,381,393  44,455,689 98.88%
ETFs  1,839  503,426 1.12%
Total  1,383,232  44,959,115  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 44,455,689 worth of shares was traded on the NSX on Tuesday, with about N$ 2,093,579 worth of Anglo-American and N$ 41,530,523 of FirstRand Namibia Ltd on the home front. ETFs worth N$ 503,426 were traded on Tuesday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American shares were traded causing the share price to increase as directors buy shares belonging to the entity.
  • FirstRand Namibia Ltd shares were the traded resulting in a decrease at close of business day
  • New Gold Issuer Ltd NM ETF positions were dumped by market participants.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 43.49 43.50 0.02%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.30 13.30 0.00%
First Rand Namibia FNB 29.51 30.50 3.35%
Standard Bank Namibia SNO 4.49 4.46 -0.67%
Oryx Limited ORY 10.22 10.22 0.00%
Letshego LHN 2.35 2.35 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.01 12.01 0.00%
Mobile Telecommunication Company MOC 7.49 7.50 0.13%
Alpha Namibia Industries Renewable Power Limited ANE 9.00 9.00 0.00%

Table 2: Primary listed Trades


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Name South African Dual Listed Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Anglo-American plc ANM 668.90 692.84 3.58%
B2Gold Corporation B2G 64.22 65.06 1.31%
Oceana Group Limited OCG 53.50 52.79 -1.33%
Mediclinic International Plc MEP 71.50 69.69 -2.53%
Truworths TRW 54.47 53.24 -2.26%
Nedbank Group Limited NBK 212.74 210.34 -1.13%
Standard Bank Group SNB 163.88 163.25 -0.38%
Shoprite Holdings SRH 224.35 217.74 -2.95%
FirstRand Limited FST 68.04 67.80 -0.35%
Momentum Metropolitan Holdings MMT 15.35 15.66 2.02%
Old Mutual Ltd OMM 12.41 12.47 0.48%
Sanlam Limited SLA 62.79 62.89 0.16%
Santam Limited SNM 287.05 281.58 -1.91%
Vukile Property Fund Limited VKN 13.09 12.94 -1.15%
Investec Limited IVD 93.30 92.36 -1.01%
PSG Konsult Limited KFS 13.08 13.00 -0.61%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 274.86 271.70 -1.15%
New Gold Palladium ETF NGNPLD 311.03 319.70 2.79%
New Gold Platinum ETF N NGNPLT 147.80 147.31 -0.33%
New Funds S&P NAM Bond NFNAMA 16.73 16.76 0.18%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.91
EUR/ZAR 16.76
GBP/ZAR 19.84
EUR/GBP 0.85
EUR/USD 1.05
GBP/USD 1.25
AUD/USD 0.70
USD/JPY 129.09
Commodities  
Gold 1,810.55
Silver 21.62
Platinum 943.65
Palladium 2,016.78
WTI 110.06
Brent 111.87

Table 5: Exchange Rates and Commodities 


Local News

Depositors of the liquidated SME Bank will have to contend with receiving five cents on the dollar as liquidators have failed to raise enough money to pay its thousands of depositors.  (Namibian Sun)

Namibia disposed of about 318,000 doses of Covid-19 vaccines worth more than N$ 26 million as they have reached their expiry date. (New Era Newspaper)

When South Africa-based businessman Richard Akwei told managers at Amazing Kids Private School (AKPS) in March this year that Kenandei Tjivikua was taking over the school as acting managing director some parents saw it as part of the ongoing power struggle with the founder of the institution. (The Namibian)

Sub-Sahara News

The North Gauteng High Court in Pretoria has ordered state-owned arms manufacturer Denel to pay R13.2 million in outstanding salaries to 42 un-unionised current and former employees. (News24)

Zimbabwe has lifted its ban on bank lending, the central bank announced on Tuesday, more than a week after the government froze loans in a move it said was meant to stop speculation against a rapidly devaluing local currency. (CNBC Africa)

A number of social media posts claim that Rady Johnson, the executive vice president of pharmaceutical company Pfizer, has been arrested and charged with multiple counts of fraud by US federal agents. (All Africa News)

International News

North Korea has confirmed its first outbreak of COVID-19, raising fears of a humanitarian disaster in one of the world’s only unvaccinated countries as it goes into a nationwide lockdown. (Aljazeera News)

Asian stocks ended mixed on Wednesday, with Chinese and Hong Kong stocks rising after China’s securities watchdog pledged a slew of measures to shore up confidence in the region’s worst performing stock market (RTT News)

Investigators looking into the crash of a China Eastern Airlines (600115.SS) jet are examining whether it was due to intentional action on the flight deck, with no evidence found of a technical malfunction, two people briefed on the matter said. (Reuters)

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