NSX DAILY UPDATE (23 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 228,951.00 16,700,730.4697.69%
ETFs 2,110.00 395,513.502.31%
Total 231,061.00 17,096,243.96 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 16,700,730.46 worth of shares was traded on the NSX on Friday with about N$  2,552,365 worth of Anglo-American plc and N$ 69,779 worth of Mobile Telecommunications Limited on the home front. ETFs worth N$395,513.50 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s shares declined in share price as the SARBs decision to hike up interest rates by 75bps.
  • Shares belonging to Mobile Telecommunications Limited were traded with a slight change in share price at closing
  • New Gold Issuer Ltd NM ETF was sold off as market correction takes place post-Fed decisions
  • New Gold Platinum ETF N & New Gold Issuer Ltd NM ETF were traded resulting in a decline in the asking price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.4942.490.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.3011.310.09%
First Rand NamibiaFNB30.5230.520.00%
Standard Bank NamibiaSNO4.704.710.21%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.672.670.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.017.020.14%
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 plcANM563.36521.68-7.40%
B2Gold CorporationB2G55.9155.19-1.29%
Oceana Group LimitedOCG55.8855.19-1.23%
Mediclinic International PlcMEP97.7696.15-1.65%
TruworthsTRW52.5052.13-0.70%
Nedbank Group LimitedNBK207.13203.30-1.85%
Standard Bank GroupSNB146.21145.03-0.81%
Shoprite HoldingsSRH222.16220.88-0.58%
FirstRand LimitedFST62.9661.89-1.70%
Momentum Metropolitan HoldingsMMT17.7517.10-3.66%
Old Mutual LtdOMM10.2110.10-1.08%
Sanlam LimitedSLA53.3652.49-1.63%
Santam LimitedSNM241.00241.680.28%
Vukile Property Fund LimitedVKN12.8812.64-1.86%
Investec LimitedIVD80.0078.22-2.23%
PSG Konsult LimitedKFS10.7010.710.09%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD274.67274.42-0.09%
New Gold Palladium ETFNGNPLD371.78359.43-3.32%
New Gold Platinum ETF NNGNPLT154.80148.93-3.79%
New Funds S&P NAM BondNFNAMA17.1217.04-0.47%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.07
EUR/NAD17.41
GBP/NAD19.11
EUR/GBP0.91
EUR/USD1.01
GBP/USD1.16
AUD/USD0.65
USD/JPY144.15
Commodities @ 08:00 
Gold1,672.95
Silver19.54
Platinum888.40
Palladium2,147.77
WTI82.20
Brent89.14

Table 5: Exchange Rates and Commodities 


Local News

Former members of the People’s Liberation Army of Namibia (PLAN), and their war enemies South West Africa Territorial Force (SWATF) and Koevoet intend to petition former presidents and the current president of Namibia over the government alleged failure to address the plight of the three groups. (Namibian Sun)

The Walvis Bay municipal council will finally write off millions in outstanding debt pensioners, while ordinary residents and businesses at the harbor town  (New Era Newspaper)

Meat Corporation of Namibia (Meatco) chief executive officer (CEO) says the pre-tax loss of N$206 million the company reported in its latest annual financial results last week was expected, as a result of Namibia’s recent drought period (The Namibian)

Sub-Sahara News

South Africa remains vulnerable to cyber warfare, despite a plan to protect the country against threats to its national security and commercial capability being put into motion almost eight years ago. (News24)

Ghana’s central bank said on Thursday it has rescheduled its upcoming interest rate decision to Oct. 7 from Sept. 26, to coincide with the end of an IMF mission to the country. (CNBC Africa)

Nigeria’s average fixed broadband internet speed is so slow the country ranked 151st amongst 182 countries in the latest Speedtest Global Index published by U.S.-based internet speed analysis firm Ookla. (All Africa News)

International News

Voting in referendums in Ukraine aimed at annexing territory to Russia enters a fourth day on Monday after the United States warned of “catastrophic consequences” if Moscow used nuclear weapons to protect any annexed regions. (Reuters)

Asian stocks finished mostly lower on Friday, tracking Wall Street’s overnight losses amid fresh concerns over a hawkish interest rate decision by the Fed next week. (RTT News)

North Korea and China have resumed freight train services after a five-month suspension due to the pandemic, South Korean media has reported. (Aljazeera News)

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