NSX DAILY UPDATE (23 MARCH 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 11,096.00 132,882.90100.00%
ETFs –   –  0.00%
Total 11,096.00 132,882.90100.00%

Table 1: NSX Trades


NSX Activities

A total of N$  132,882.90 worth of shares was traded on the NSX on Thursday with about N$  63,001 worth of shares belonging to Namibia Breweries and N$  22,500 worth of Letshego Holdings Ltd on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Namibia Breweries’ shares were traded on the local bourse, with no change in price at closing
  • Shares belonging to Letshego Holdings were traded on the local bourse with no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0246.020.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8213.820.00%
First Rand NamibiaFNB34.0636.216.31%
Standard Bank NamibiaSNO5.205.200.00%
Oryx LimitedORY11.4911.490.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8412.840.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
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 plcANM589.19577.99-1.90%
B2Gold CorporationB2G66.3866.26-0.18%
Oceana Group LimitedOCG70.9269.00-2.71%
Mediclinic International PlcMEP111.55110.60-0.85%
TruworthsTRW51.6853.222.98%
Nedbank Group LimitedNBK212.91213.000.04%
Standard Bank GroupSNB167.79169.791.19%
Shoprite HoldingsSRH216.11219.691.66%
FirstRand LimitedFST62.2062.260.10%
Momentum Metropolitan HoldingsMMT18.0418.060.11%
Old Mutual LtdOMM11.0211.171.36%
Sanlam LimitedSLA55.0655.871.47%
Santam LimitedSNM277.70279.470.64%
Vukile Property Fund LimitedVKN12.7912.951.25%
Investec LimitedIVD100.7699.31-1.44%
PSG Konsult LimitedKFS12.2612.20-0.49%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD340.04333.00-2.07%
New Gold Palladium ETFNGNPLD250.72258.343.04%
New Gold Platinum ETF NNGNPLT175.62174.12-0.85%
New Funds S&P NAM BondNFNAMA18.2518.310.33%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.10
EUR/NAD19.61
GBP/NAD22.24
EUR/GBP0.88
EUR/USD1.08
GBP/USD1.22
AUD/USD0.66
USD/JPY130.20
Commodities @ 07:00 
Gold1,993.30
Silver23.27
Platinum992.05
Palladium1,422.78
WTI69.94
Brent75.85

Table 5: Exchange Rates and Commodities 


Local News

The former chairman of the Erongo regional council, Ciske Smith-Howard, is currently applying in the Windhoek High Court for the merger of two cases she filed against the Independent Patriots for Change (IPC) (Sun Newspaper)

Three new enterprises have used Development Bank of Namibia finance to strengthen their operations with solar energy. They include a truck and tractor repair plant in Gobabis, a charcoal manufacturer, also near Gobabis, and a large retail outlet in Okahandja. These changes were shared by the Development Bank of Namibia (DBN) executive of marketing Jerome Mutumba. (New Era Newspaper)

The president of the Namibia Professional Hunting Association (Napha), Axel Cramer, says the decision by the United Kingdom (UK) to ban the importation of hunting trophies would have far-reaching devastating effects on the local industry’s income (The Namibian Newspaper)

Sub-Sahara News

Power cuts due to load shedding have reduced the potential size of South Africa’s economy by almost a fifth since they started being imposed around 2008, according to an energy specialist at Africa’s biggest fund manager. (News24)

South Africa’s consumer confidence plunged in the first quarter, according to a survey released on Thursday, as the country continued to be plagued by severe power shortages and a cost-of-living crisis. (CNBC Africa)

Today’s world is confronted with an unprecedented array of environmental, social, and economic challenges, that affect not only our local communities but also the global community. (All Africa News)

International News

Ukrainian troops, on the defensive for months, will soon counterattack as Russia’s offensive looks to be faltering, a commander said, but President Volodymyr Zelenskiy warned that without a faster supply of arms, the war could last years. (Reuters)

European stocks may open on a steady note Friday as multi-billion-dollar lifelines for troubled U.S. and European banks shored up investor confidence. (RTT News)

Chinese authorities have raided the Beijing office of US-headquartered due diligence firm Mintz Group and detained five staff (Aljazeera News)

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