NSX DAILY UPDATE (27 JANUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 5,136,611.00 82,474,422.91100.00%
ETFs –   –  0.00%
Total 5,136,611.00 82,474,422.91100.00%

Table 1: NSX Trades


NSX Activities

A total of N$82,474,422.91 worth of shares was traded on the NSX on Friday with about N$ 3,757,100 worth of shares belonging to Oceana Group and N$ 4,600 from Namibia Breweries on the home front. No ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

  • Oceana Group’s share performance on the overall bourse slightly declined, amid the decline in the stock market
  • Namibia Breweries shares were traded resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.5113.510.00%
First Rand NamibiaFNB33.0133.010.00%
Standard Bank NamibiaSNO6.005.11-14.83%
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 plcANM760.49760.09-0.05%
B2Gold CorporationB2G71.4170.80-0.85%
Oceana Group LimitedOCG68.5368.50-0.04%
Mediclinic International PlcMEP105.22105.640.40%
TruworthsTRW66.2267.371.74%
Nedbank Group LimitedNBK226.76228.000.55%
Standard Bank GroupSNB173.66174.070.24%
Shoprite HoldingsSRH244.36239.76-1.88%
FirstRand LimitedFST64.3665.071.10%
Momentum Metropolitan HoldingsMMT18.9019.020.63%
Old Mutual LtdOMM11.7311.961.96%
Sanlam LimitedSLA55.7556.411.18%
Santam LimitedSNM277.20281.621.59%
Vukile Property Fund LimitedVKN13.2213.12-0.76%
Investec LimitedIVD110.20111.150.86%
PSG Konsult LimitedKFS12.2412.441.63%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD309.29308.56-0.24%
New Gold Palladium ETFNGNPLD278.47270.86-2.73%
New Gold Platinum ETF NNGNPLT170.13167.87-1.33%
New Funds S&P NAM BondNFNAMA18.3418.33-0.05%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.21
EUR/NAD18.70
GBP/NAD21.33
EUR/GBP0.87
EUR/USD1.08
GBP/USD1.23
AUD/USD0.71
USD/JPY129.82
Commodities @ 08:00 
Gold1,928.50
Silver23.69
Platinum1,018.20
Palladium1,596.75
WTI79.38
Brent86.40

Table 5: Exchange Rates and Commodities 


Local News

Several farmers’ unions have accused the country’s meat processing parastatal of diverting funds meant to develop the meat industry to fund its “inefficient” internal operations. (Sun Newspaper)

The National Housing Enterprise’s workers are expected to embark on industrial action to force the board and management to meet their demands as the collective bargaining process has deadlocked (New Era Newspaper)

Gideon Vos has been appointed Bank Windhoek’s head of Investment Banking at Corporate and Institutional Banking, effective from Wednesday, 11 January 2023. (The Namibian)

Sub-Sahara News

SA’s largest poultry producer, Astral Foods is calling on the government to remove value-added tax (VAT) on chicken products. (News24)

Shares of Adani Group companies continued to see sharp losses for a second consecutive trading session in India after short seller firm Hindenburg announced its short position in the conglomerate’s firms earlier this week. (CNBC Africa)

Central Bank of Nigeria (CBN) has announced a 10-day extension of the deadline for the use of old naira notes across Nigeria. (All Africa News)

International News

Israel appears to have been behind an overnight drone attack on a military factory in Iran, a U.S. official said on Sunday. (Reuters)

Asian stock markets are trading mostly higher in thin-holiday trading on Monday, following the broadly positive cues from global markets on Friday, with most markets closed for the Lunar New Year holidays, as some traders looked to pick up stocks at relatively reduced levels following recent weakness. (RTT News) Chancellor Olaf Scholz has again pushed back against demands in Germany and from Ukrainian officials for fighter jets to repel Russia’s invasion, urging Western nations not to join a “bidding war” for sophisticated weapons. (Aljazeera News)

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