NSX DAILY UPDATE (28 FEBRUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 408,980.00 64,509,677.4299.49%
ETFs 1,536.00 332,565.260.51%
Total 410,516.00 64,842,242.68100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 64,509,677.42 worth of shares was traded on the NSX on Tuesday with about N$ 1,693,001 worth of shares belonging to Anglo-American plc and N$ 5,450 worth of SBN Holdings Ltd on the home front. ETFs worth N$ 332,565.26 were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American share performance on the overall bourse increased by 0.3% as market participants subscribes to the company.
  • SBN Holdings shares were traded on the local bourse resulting share price decline by -1.1%
  • New Gold Issuer Ltd NM & New Gold Platinum ETF N were sold off by investors
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0146.010.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.7913.790.00%
First Rand NamibiaFNB33.5333.530.00%
Standard Bank NamibiaSNO5.255.19-1.14%
Oryx LimitedORY11.3811.380.00%
Letshego  LHN3.523.520.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8512.850.00%
Mobile Telecommunication CompanyMOC7.097.090.00%
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 plcANM634.85636.670.29%
B2Gold CorporationB2G61.1162.342.01%
Oceana Group LimitedOCG68.4072.505.99%
Mediclinic International PlcMEP109.58110.851.16%
TruworthsTRW60.4659.17-2.13%
Nedbank Group LimitedNBK230.79230.58-0.09%
Standard Bank GroupSNB182.00183.580.87%
Shoprite HoldingsSRH224.74222.54-0.98%
FirstRand LimitedFST65.2365.550.49%
Momentum Metropolitan HoldingsMMT19.3819.862.48%
Old Mutual LtdOMM11.8111.910.85%
Sanlam LimitedSLA58.3559.832.54%
Santam LimitedSNM288.11295.682.63%
Vukile Property Fund LimitedVKN13.1713.421.90%
Investec LimitedIVD115.86117.421.35%
PSG Konsult LimitedKFS12.3912.994.84%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD311.44311.34-0.03%
New Gold Palladium ETFNGNPLD256.96249.62-2.86%
New Gold Platinum ETF NNGNPLT166.57168.100.92%
New Funds S&P NAM BondNFNAMA18.1818.200.11%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.28
EUR/NAD19.36
GBP/NAD22.01
EUR/GBP0.87
EUR/USD1.05
GBP/USD1.20
AUD/USD0.67
USD/JPY136.36
Commodities @ 07:00 
Gold1,838.60
Silver21.19
Platinum962.25
Palladium1,438.00
WTI77.54
Brent83.96

Table 5: Exchange Rates and Commodities 


Local News

British High Commissioner Charles Moore says there is no persecution of gay people in Namibia – a claim often used by those seeking asylum in his country – and his government would not push Namibia to expedite processes required to realize full rights and equality of the country’s LGBTQI community. (Sun Newspaper)

Come Wednesday, 1 March, petrol consumers will see an increase in the price by N$1.50 per litre, while the diesel price will remain unchanged for the same month. (New Era Newspaper)

Rural and urban development minister Erastus Uutoni has announced the new National Housing Enterprise (NHE) board of directors. (The Namibian Newspaper)

Sub-Sahara News

Some consider Mchunu to be one of President Cyril Ramaphosa’s strongest ministers. His August 2021 appointment to the portfolio has been seen as an effort to right the ship after the turbulence under ministers Nomvula Mokonyane and Lindiwe Sisulu. (News24)

South Africa’s official unemployment rate fell for the fourth consecutive quarter in October-December, moving further away from a record high struck during the COVID-19 pandemic. (CNBC Africa)

In New Ashdon Park, a medium-density area in the Zimbabwean capital, Harare, at new homes that have replaced a once thriving forest, makeshift fireplaces have become common sights as residents solely depend on firewood for energy. (All Africa News)

International News

Two trains collided head-on in Greece killing at least 32 people and injuring 85 late on Tuesday night, the fire brigade said, but the cause of the deadliest rail crash in Greece in decades remained unclear. (Reuters)

Asian stocks fell on Wednesday as investors fretted about the potential for further Federal Reserve tightening and the impact it has on global growth. (RTT News)

Russian President Vladimir Putin has ordered officials to tighten control of the border with Ukraine after a spate of drone attacks that are creating a new challenge for Moscow a year after it invaded its neighbor. (Aljazeera News)

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