NSX DAILY UPDATE (24 FEBRUARY 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  329 128  33 946 817 99.49%
ETFs  618  173 368 0.51%
Total  329 746  34 120 185  100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 33 946 817 worth of shares was traded on the NSX on Thursday, with about N$ 12 325 347 worth of Anglo-American, N$ 18 748 499 worth of Barloworld Limited, and N$ 29 198 worth Capricorn Group Limited on the home front. ETFs worth N$ 173 368 were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price reduce in price at closing as investors starts to hedge from a potential war.
  • Shares belonging to Barloworld Limited were sold off by market participants as Russia-Ukraine war spiral.
  • On the local NSX listing Capricorn Group shares were traded resulting into  a decline in share price at closing
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 48.00 48.00 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 11.23 11.23 0.00%
First Rand Namibia FNB 29.50 29.50 0.00%
Standard Bank Namibia SNO 5.97 5.97 0.00%
Oryx Limited ORY 8.56 8.56 0.00%
Letshego LHN 1.58 1.58 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 8.25 8.25 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 725.48 735.23 1.34%
Barloworld Limited BWL 133.31 124.37 -6.71%
Oceana Group Limited OCG 54.30 51.90 -4.42%
Mediclinic International Plc MEP 68.66 67.68 -1.43%
Truworths TRW 62.38 60.60 -2.85%
Nedbank Group Limited NBK 213.56 212.02 -0.72%
Standard Bank Group SNB 159.51 157.98 -0.96%
Shoprite Holdings SRH 230.59 226.88 -1.61%
FirstRand Limited FST 65.96 64.57 -2.11%
Momentum Metropolitan Holdings MMT 18.86 18.24 -3.29%
Old Mutual Ltd OMM 13.32 12.83 -3.68%
Sanlam Limited SLA 65.60 63.53 -3.16%
Santam Limited SNM 276.49 268.16 -3.01%
Vukile Property Fund Limited VKN 12.70 12.40 -2.36%
Investec Limited IVD 87.30 84.89 -2.76%
PSG Konsult Limited KFS 13.70 13.60 -0.73%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 266.92 279.23 4.61%
New Gold Palladium ETF NGNPLD 352.42 388.38 10.20%
New Gold Platinum ETF N NGNPLT 158.24 161.36 1.97%
New Funds S&P NAM Bond NFNAMA 16.69 16.44 -1.50%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.46
EUR/ZAR 17.24
GBP/ZAR 20.63
EUR/GBP 0.83
EUR/USD 1.13
GBP/USD 1.36
AUD/USD 0.72
USD/JPY 115.44
Commodities  
Gold 1 921.50
Silver 24.11
Platinum 1 106.90
Palladium 2 524.00
WTI 98.05
Brent 99.01

Table 5: Exchange Rates and Commodities 


Local News

Foreign and local investment seem to be a key variable in driving domestic economy going forward. (Namibian Sun)

Prospects have started to improve for the logistics sector in Namibia, as the rest of the world gradually recovers from the Covid-19 pandemic. This sector is important for the growth of the Namibian economy, as Namibia is well placed to be a logistics hub for its landlocked neighbours. (New Era Newspaper)

Namsov, a subsidiary fishing company of Tunacor Group, opened Namibia’s first solar-powered horse mackerel fish processing plant at Walvis Bay on Thursday. (The Namibian)

Sub-Sahara News

The SA wine industry saw R10.2 billion in exports in 2021 – the highest rand value of SA wine exports since 2014, when the current method of calculating it was introduced. (News24)

Scattered throughout the U.S. are millions of old oil and gas wells with no known operator. They’re a major source of methane emissions and can leak contaminants into the groundwater. (CNBC Africa)

The National Energy Regulator of SA has approved the hike for Eskom for the 2022/2023 financial year. The tariff increase comes into effect on April 1. 2022. (All Africa News)

International News

Asian shares rebound but markets eye long-term Russia-Ukraine risk. (Reuters)

Asian stock markets are trading mostly sharply higher on Friday, following the broadly positive cues overnight from Wall Street, as traders picked up stocks at a bargain after the recent sell-off amid the continued escalation of the Russia-Ukraine crisis. (RTT News)

Taiwan Premier Su Tseng-chang has said the island will join “democratic countries” to impose sanctions on Russia over the invasion of Ukraine, although he did not give details. (Aljazeera News)

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