NSX DAILY UPDATE (28 APRIL 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  348,839  14,991,032 100.00%
ETFs  –    –   0.00%
Total  348,839  14,991,032  100.00%

Table 1: NSX Trades

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NSX Activities

A total of N$ 14,991,032 worth of shares was traded on the NSX on Thursday with about N$  1,923,667  worth of Anglo-American plc, and N$  255,055  of FirstRand Namibia Ltd on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American plc share price reduced as sell-off trend develops in the mining sector
  • On the NSX local listing, FirstRand Namibia shares were were traded without a change in share price.
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 40.01 43.50 8.72%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.30 13.30 0.00%
First Rand Namibia FNB 29.51 29.51 0.00%
Standard Bank Namibia SNO 4.50 4.50 0.00%
Oryx Limited ORY 10.21 10.21 0.00%
Letshego LHN 2.50 2.50 0.00%
Namibia Asset Management NAM 0.67 0.67 0.00%
Stimulus SILP 127.90 127.90 0.00%
Paratus Namibia Holdings Ltd PNH 12.01 12.01 0.00%
Mobile Telecommunication Company MOC 7.52 7.52 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 658.41 687.05 4.35%
B2Gold Corporation B2G 67.04 66.04 -1.49%
Oceana Group Limited OCG 54.40 55.00 1.10%
Mediclinic International Plc MEP 75.02 75.40 0.51%
Truworths TRW 56.67 55.75 -1.62%
Nedbank Group Limited NBK 217.22 221.56 2.00%
Standard Bank Group SNB 168.02 169.68 0.99%
Shoprite Holdings SRH 231.06 232.69 0.71%
FirstRand Limited FST 68.30 69.22 1.35%
Momentum Metropolitan Holdings MMT 16.53 16.49 -0.24%
Old Mutual Ltd OMM 12.19 12.38 1.56%
Sanlam Limited SLA 68.32 68.54 0.32%
Santam Limited SNM 288.13 291.64 1.22%
Vukile Property Fund Limited VKN 13.32 13.25 -0.53%
Investec Limited IVD 94.85 95.54 0.73%
PSG Konsult Limited KFS 13.70 13.45 -1.82%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 282.13 283.56 0.51%
New Gold Palladium ETF NGNPLD 338.87 348.84 2.94%
New Gold Platinum ETF N NGNPLT 141.00 142.28 0.91%
New Funds S&P NAM Bond NFNAMA 16.31 16.38 0.43%

Table 4: ETFs


Exchange Rates  
USD/ZAR 15.88
EUR/ZAR 16.73
GBP/ZAR 19.88
EUR/GBP 0.84
EUR/USD 1.06
GBP/USD 1.25
AUD/USD 0.71
USD/JPY 130.51
Commodities  
Gold 1,907.04
Silver 23.41
Platinum 912.65
Palladium 2,191.77
WTI 102.08
Brent 105.21

Table 5: Exchange Rates and Commodities 


Local News

No much further rain is expected countrywide in the morning weeks, although it is possible for the southern parts of Namibia to receive light showers in the second week of May from the frontal system bringing cloudy and cooler conditions. (Namibian Sun)

With the winter season upon us, President Hage Geingob has once againg called on Namibians who are unvaccinated to get their Covid-19 shots against the deadly virus. (New Era Newspaper)

State house has defended remarks by the president Hage Geingob, including the head of state telling those involved in traditional disputes “don’t go to white courts”.(The Namibian)

Sub-Sahara News

Eskom’s performance is deteriorating, giving rise to fears that the company cannot be saved. But, as Carol Paton writes,  it is too big to fail, and taxpayers and consumers will have to pay to save it. (News24)

Africa is seeing an uptick in COVID-19 infections, largely driven by a doubling in cases reported in South Africa, the World Health Organization said on Thursday, urging people across the continent to continue to get vaccinated. (CNBC Africa)

The government signed an U.S.$80 million deal with coffee firm Uganda Vinci Coffee Company Limited (UVCC), to establish a coffee processing plant at Namanve industrial park. The deal – signed by company director Enrica Pinetti – led a parliamentary committee investigation after several irregularities were discovered. (All Africa News)

International News

Elon Musk’s $44bn bid to buy Twitter puts the world’s richest man in the crosshairs of censorship-prone governments such as China and India, raising questions about how the Tesla CEO might respond to demands to stifle dissent in countries where he does business. (Aljazeera News)

Asian stocks slumped on Friday, pressured by strength in U.S. Treasury yields amid hawkish Federal Reserve bets. (RTT News)

Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with the matter said. (Reuters)

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