NSX DAILY UPDATE (26 JANUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,844,630.00 61,128,744.38100.00%
ETFs –   –  0.00%
Total 1,844,630.00 61,128,744.38100.00%

Table 1: NSX Trades


NSX Activities

A total of N$61,128,744.38 worth of shares was traded on the NSX on Thursday with about N$17,526,971 worth of shares belonging to Anglo-American plc and N$6,600 from SBN Holdings Ltd on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s share performance on the overall bourse slightly declined as the price of gold softens
  • SBN Holdings shares were allotted through one transactional deal, resulting in a 20% increase in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0146.00-0.02%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.5113.510.00%
First Rand NamibiaFNB33.0133.010.00%
Standard Bank NamibiaSNO5.006.0020.00%
Oryx LimitedORY11.4911.490.00%
Letshego  LHN3.503.500.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.2013.200.00%
Mobile Telecommunication CompanyMOC7.037.030.00%
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 plcANM760.73760.49-0.03%
B2Gold CorporationB2G71.3871.410.04%
Oceana Group LimitedOCG68.0068.530.78%
Mediclinic International PlcMEP105.22105.220.00%
TruworthsTRW63.5766.224.17%
Nedbank Group LimitedNBK223.39226.761.51%
Standard Bank GroupSNB171.56173.661.22%
Shoprite HoldingsSRH247.92244.36-1.44%
FirstRand LimitedFST64.1764.360.30%
Momentum Metropolitan HoldingsMMT18.5918.901.67%
Old Mutual LtdOMM11.4011.732.89%
Sanlam LimitedSLA54.3455.752.59%
Santam LimitedSNM270.00277.202.67%
Vukile Property Fund LimitedVKN13.1113.220.84%
Investec LimitedIVD108.63110.201.45%
PSG Konsult LimitedKFS12.3012.24-0.49%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD309.13309.290.05%
New Gold Palladium ETFNGNPLD286.18278.47-2.69%
New Gold Platinum ETF NNGNPLT172.97170.13-1.64%
New Funds S&P NAM BondNFNAMA18.2818.340.33%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.17
EUR/NAD18.71
GBP/NAD21.32
EUR/GBP0.87
EUR/USD1.08
GBP/USD1.24
AUD/USD0.71
USD/JPY129.78
Commodities @ 08:00 
Gold1,932.75
Silver24.08
Platinum1,027.15
Palladium1,675.00
WTI81.17
Brent86.16

Table 5: Exchange Rates and Commodities 


Local News

NamPower has started devising mitigating strategies on how to deal with power supply in the event that troubled South African utility Eskom can no longer fulfil its contractual obligation. (Sun Newspaper)

The domestic construction sector recorded its fifth consecutive quarterly decline during the third quarter of 2022, contracting by 10.0% year-on-year (y/y). (New Era Newspaper)

The Public Service Union of Namibia (PSUN) said National Housing Enterprise (NHE) employees will vote tomorrow on whether to go on strike after the NHE failed to pay them due to their books not being audited. (The Namibian)

Sub-Sahara News

Eskom has launched the second phase of its land-lease programme that aims to secure as much as 500MW for the grid from independent renewable energy projects. (News24)

South Africa’s central bank on Thursday raised its main lending rate by 25 basis points to 7.25%, smaller than the 50-basis point increase expected by the majority of economists polled by Reuters. (CNBC Africa)

One 43-year-old Kenyan suspect, Liban Yasin Alishire, has pleaded guilty to one count of wire fraud and one count of money laundering, in his role that exploited a federally-funded child nutrition programme during the Covid-19 pandemic, announced U.S. Attorney Andrew M. Luger. (All Africa News)

International News

The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand rose at its slowest pace in 2-1/2 years, reflecting the impact of higher borrowing costs. (Reuters)

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from global markets overnight, as traders remained cautious even as worries eased about interest rates following data showing cooling US inflation (RTT News)

Israeli troops have killed 10 Palestinians in one of the deadliest days in the occupied West Bank since Israeli raids intensified at the start of last year. (Aljazeera News)

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