NSX DAILY UPDATE (24 MARCH 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  706,404  62,730,725 99.77%
ETFs  400  145,400 0.23%
Total  706,804  62,876,125  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 62,730,725 worth of shares was traded on the NSX on Thursday, with about N$ 4,860,377 worth of Anglo-American, N$ 51,096 worth of Momentum Metropolitan and N$  16,320  Oryx Properties Limited on the home front. ETFs worth N$ 145,400 were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price decreased at closing.
  • Shares belonging to Momentum Metropolitan decreased in share price
  • On the NSX local listing, Properties Limited  shares were traded  by market participants, resulting in a decline in share price at closing
  • New Gold Palladium ETF was traded on the exchange resulting in a decrease in price at closing
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 44.99 44.99 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.99 13.99 0.00%
First Rand Namibia FNB 29.52 29.50 -0.07%
Standard Bank Namibia SNO 5.30 5.30 0.00%
Oryx Limited ORY 10.21 10.21 0.00%
Letshego LHN 2.50 2.50 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 13.00 13.00 0.00%
Mobile Telecommunication Company MOC 8.00 8.00 0.00%
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 762.80 759.20 -0.47%
B2Gold Corporation B2G 65.82 68.08 3.43%
Oceana Group Limited OCG 58.10 57.15 -1.64%
Mediclinic International Plc MEP 67.24 65.67 -2.33%
Truworths TRW 56.23 56.70 0.84%
Nedbank Group Limited NBK 232.99 231.76 -0.53%
Standard Bank Group SNB 175.80 175.99 0.11%
Shoprite Holdings SRH 232.52 229.07 -1.48%
FirstRand Limited FST 73.74 73.46 -0.38%
Momentum Metropolitan Holdings MMT 17.50 17.40 -0.57%
Old Mutual Ltd OMM 13.33 13.35 0.15%
Sanlam Limited SLA 69.00 69.33 0.48%
Santam Limited SNM 280.93 282.00 0.38%
Vukile Property Fund Limited VKN 13.25 13.11 -1.06%
Investec Limited IVD 93.78 92.72 -1.13%
PSG Konsult Limited KFS 13.00 13.12 0.92%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 266.44 266.66 0.08%
New Gold Palladium ETF NGNPLD 357.89 355.44 -0.68%
New Gold Platinum ETF N NGNPLT 145.96 144.92 -0.71%
New Funds S&P NAM Bond NFNAMA 16.32 16.39 0.43%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.50
EUR/ZAR 15.99
GBP/ZAR 19.16
EUR/GBP 0.83
EUR/USD 1.10
GBP/USD 1.36
AUD/USD 0.74
USD/JPY 121.59
Commodities  
Gold 1,962.70
Silver 25.95
Platinum 1,033.10
Palladium 2,530.77
WTI 112.03
Brent 118.88

Table 5: Exchange Rates and Commodities 


Local News

The country’s regulator for auditors has instituted a probe into an unregistered audit firm that complied the recently released financial report of the All People’s Party (APP). (Namibian Sun)

President Hage Geingob has thanked Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum for providing material and financial support to Namibia to ensure the country’s participation in the World Expo Dubai 2020. (New Era Newspaper)

Some Namibian families are forced to shrink their meals as the price of food and other household goods continue to drain their pockets. (The Namibian)

Sub-Sahara News

The African Development Bank (AfdB) said on Thursday it would extend a $2.8-billion facility to SA over the next five years, part of which is intended to fund Eskom’s transition to a low emissions economy. (News24)

South Africa raised its main lending rate by 25 basis points to 4.25% on Thursday as expected, citing inflation risks linked to the war in Ukraine. (CNBC Africa)

High-ranking representatives of several countries pledged this week to devote all resources needed to interrupt transmission of Guinea worm disease and certify its eradication by 2030. (All Africa News)

International News

North Korea says it test-fired its biggest intercontinental ballistic missile (ICBM) on the orders of leader Kim Jong Un to boost its defences and prepare for a “long confrontation” with the United States, state media reported on Friday. (Aljazeera News)

Asian stocks ended mostly higher on Friday as global growth optimism outweighed lingering geo-political tensions arising from the Ukraine conflict. (RTT News)

A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for wide scale use”. It seems Beijing disagree. (Reuters)

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