NSX DAILY UPDATE (25 MARCH 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  212,965  4,895,100 98.05%
ETFs  366  97,345 1.95%
Total  213,331  4,992,445  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 4,895,100 worth of shares was traded on the NSX on Friday, with about N$ 848,287 worth of Anglo-American, N$ 479,928 worth of Sanlam Limited and N$ 107,820 SBN Holdings Ltd on the home front. ETFs worth N$ 97,345 were traded on Friday

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price increased aimed the sale transaction of its shareholding in Thungela Resources
  • Shares belonging to Sanlam Limited  decreased in share price
  • On the NSX local listing, SBN Holdings Ltd shares were traded  by market participants, resulting in a increase in share price at closing
  • New Gold Issuer Ltd NM 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 5.40 1.89%
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 759.20 769.85 1.40%
B2Gold Corporation B2G 68.08 66.97 -1.63%
Oceana Group Limited OCG 57.15 58.00 1.49%
Mediclinic International Plc MEP 65.67 66.48 1.23%
Truworths TRW 56.70 57.96 2.22%
Nedbank Group Limited NBK 231.76 235.18 1.48%
Standard Bank Group SNB 175.99 178.69 1.53%
Shoprite Holdings SRH 229.07 229.73 0.29%
FirstRand Limited FST 73.46 74.00 0.74%
Momentum Metropolitan Holdings MMT 17.40 17.13 -1.55%
Old Mutual Ltd OMM 13.35 13.24 -0.82%
Sanlam Limited SLA 69.33 69.21 -0.17%
Santam Limited SNM 282.00 275.48 -2.31%
Vukile Property Fund Limited VKN 13.11 13.45 2.59%
Investec Limited IVD 92.72 93.00 0.30%
PSG Konsult Limited KFS 13.12 13.02 -0.76%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 266.66 265.87 -0.30%
New Gold Palladium ETF NGNPLD 355.44 346.94 -2.39%
New Gold Platinum ETF N NGNPLT 144.92 141.86 -2.11%
New Funds S&P NAM Bond NFNAMA 16.39 16.40 0.06%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.64
EUR/ZAR 16.03
GBP/ZAR 19.24
EUR/GBP 0.83
EUR/USD 1.10
GBP/USD 1.31
AUD/USD 0.75
USD/JPY 123.21
Commodities  
Gold 1,936.20
Silver 25.16
Platinum 995.80
Palladium 2,368.52
WTI 109.42
Brent 113.13

Table 5: Exchange Rates and Commodities 


Local News

The Social Security Commission (SSC) has only managed to recover a paltry N$ 25,000 from its N$120 million investment in SME Bank. (Namibian Sun)

Government has been advised to consider amn=ending the necessary laws in order to protect defaulting homeowners from potential abuse by mortgage lenders. (New Era Newspaper)

The Nama Genocide Technical Committee (NGTC) has issued a warning to communities affected by the 1904 to 1908 Nama-Ovaherero genocide against what they term “government divisive forces”. (The Namibian)

Sub-Sahara News

The Central Energy Fund (CEF) released a tender last month, looking for a gas aggregator to help secure liquified natural gas (LNG) for various gas-to-power projects planned for the Coega special economic zone in the Eastern Cape. (News24)

The court of the West African Economic and Monetary Union (UEMOA) on Thursday ordered suspension of the eight-nation body’s sanctions against Mali, imposed in January after the junta delayed elections. (CNBC Africa)

As of March 27, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,358,704 while over  268,645,655 vaccinations have been administered across the continent. (All Africa News)

International News

Russia is considering “a Korean scenario” for Ukraine and splitting the country in two after failing to seize the capital Kyiv and overthrow its government, the Ukrainian military intelligence chief has said. (Aljazeera News)

Asian stocks ended flat to slightly lower on Monday, as the war in Ukraine rages on and a high-ranking Federal Reserve official made hawkish remarks on borrowing cost. (RTT News)

North Korea will continue to develop “formidable striking capabilities” that cannot be bartered or sold for anything, leader Kim Jong Un said, according to state media on Monday, as he visited workers involved with the country’s biggest missile test. (Reuters)

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