NSX DAILY UPDATE (27 JANUARY 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall 96 416 9 520 533 100.00%
ETFs 0 0 0.00%
Total 96 416 9 520 533  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 9 520 533 worth of shares was traded on the NSX on Thursday, with about N$ 3 264 308 worth of Anglo-American, N$ 1 655 039 worth of Shoprite Holdings, and N$  782 635 of Letshego Holdings Namibia on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price increased by 0.7% at closing, as market as company buyback programme resumes
  • Shares belonging to Shoprite Holdings were bought by market participants leading to an increase in share price.
  • On the NSX local listing, of FirstRand Namibia shares were traded causing the share price to surge at closing.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 49.47 49.47 0.00%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 11.00 11.00 0.00%
First Rand Namibia FNB 29.49 29.50 0.03%
Standard Bank Namibia SNO 5.99 5.99 0.00%
Oryx Limited ORY 8.25 8.25 0.00%
Letshego LHN 1.51 1.51 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 12.78 12.78 0.00%
Mobile Telecommunication Company MOC 8.91 8.91 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 703.99 709.19 0.74%
Barloworld Limited BWL 130.86 132.16 0.99%
Oceana Group Limited OCG 54.63 56.07 2.64%
Mediclinic International Plc MEP 65.15 66.61 2.24%
Truworths TRW 56.31 56.07 -0.43%
Nedbank Group Limited NBK 183.98 187.00 1.64%
Standard Bank Group SNB 143.80 146.21 1.68%
Shoprite Holdings SRH 202.61 204.60 0.98%
FirstRand Limited FST 61.74 61.89 0.24%
Momentum Metropolitan Holdings MMT 19.65 19.70 0.25%
Old Mutual Ltd OMM 13.34 13.56 1.65%
Sanlam Limited SLA 60.94 61.45 0.84%
Santam Limited SNM 265.59 270.00 1.66%
Vukile Property Fund Limited VKN 11.48 11.78 2.61%
Investec Limited IVD 84.75 86.06 1.55%
PSG Konsult Limited KFS 13.80 13.65 -1.09%

Table 3: Dual Listed Trades

Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 264.77 260.51 -1.61%
New Gold Palladium ETF NGNPLD 323.38 341.88 5.72%
New Gold Platinum ETF N NGNPLT 151.45 154.44 1.97%
New Funds S&P NAM Bond NFNAMA 16.56 16.58 0.12%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.43
EUR/ZAR 17.21
GBP/ZAR 20.70
EUR/GBP 0.83
EUR/USD 1.11
GBP/USD 1.36
AUD/USD 0.70
USD/JPY 115.35
Commodities  
Gold 1 796
Silver 22.77
Platinum 1 027
Palladium 2 338
WTI 87.29
Brent 88.81

Table 5: Exchange Rates and Commodities 


Local News

The Namibia Institute of Professional Accountants (NIPA) has appealed to finance minister Iipumbu Shiimi and NamRa commissioner Sam Shivute to extend the tax relief. (Namibian Sun)

Although the main enumeration for this year’s Housing and Population Census during the financial year of 2022/2023 was estimated to be N$950 million, the Namibia Statistics Agency (NSA) said it was able to adopt measures to further reduce the budget to about N$606 million. (New Era Newspaper)

Namibia Wildlife Resorts has appointed staff member Karl-Reinhold Risser to assist with the food and beverages menu, customer service training and enhancement of the customer experience at all the company’s resorts. (The Namibian)

Sub-Sahara News

The Reserve Bank’s monetary policy committee has hiked the repo rate by another 25 basis points to 4%. This brings the prime rate to 7.5%. (News24)

Nigeria’s tax receipts in 2021 rose by 29.4% to 6.41 trillion naira ($15.5 billion), the head of Federal Inland Revenue Service (FIRS), Muhammad Nami, said on Thursday. (CNBC Africa)

As of January 27, 2022, confirmed cases of Covid-19 from 55 African countries reached 10 665 534 while over 210 635 964 vaccinations have been administered across the continent. (All Africa News)

International News

North Korea conducted tests of an upgraded long-range cruise missile and a warhead of a tactical guided missile this week, as leader Kim Jong Un visited a munitions factory producing a “major weapon system.” (Reuters)

Asian stocks fell on Friday after the technology-heavy Nasdaq 100 entered a correction, taking cues from the bond market. (RTT News)

As Omicron pushes Western countries towards reopening, Asia is hunkering down, sharpening an East-West divide on the balance between public health, the economy and basic rights and freedoms. (Aljazeera News)

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