NSX DAILY UPDATE (28 MARCH 2022)




NSX Trades Traded Volume (No. Shares) Monetary Amount (N$) Trading Contribution (%)
Overall  369,999  7,550,774 100.00%
ETFs  –    –   0.00%
Total  369,999  7,550,774  100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 7,550,774 worth of shares was traded on the NSX on Monday, with about N$ 556,502 worth of Anglo-American, N$ 250,839 worth of Sanlam Limited and N$  478,464 of Mobile Telecommunications Limited on the home front. No ETFs were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

  • Anglo-American share price increased aimed the sale transaction of its shareholding in Thungela Resources
  • Shares belonging to Sanlam Limited  increased in share price
  • On the NSX local listing, Mobile Telecommunications Limited shares were traded  by market participants, without a change in share price
Name NSX Local Ticker Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
Namibian Breweries NBS 44.99 45.00 0.02%
Nictus Holdings NHL 1.75 1.75 0.00%
Capricorn CGP 13.99 13.99 0.00%
First Rand Namibia FNB 29.50 29.50 0.00%
Standard Bank Namibia SNO 5.40 5.40 0.00%
Oryx Limited ORY 10.20 10.20 0.00%
Letshego LHN 2.50 2.50 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 13.00 13.00 0.00%
Mobile Telecommunication Company MOC 8.00 8.00 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 769.85 751.00 -2.45%
B2Gold Corporation B2G 66.97 68.14 1.75%
Oceana Group Limited OCG 58.00 59.01 1.74%
Mediclinic International Plc MEP 66.48 68.25 2.66%
Truworths TRW 57.96 57.89 -0.12%
Nedbank Group Limited NBK 235.18 237.44 0.96%
Standard Bank Group SNB 178.69 180.62 1.08%
Shoprite Holdings SRH 229.73 233.10 1.47%
FirstRand Limited FST 74.00 76.33 3.15%
Momentum Metropolitan Holdings MMT 17.13 17.43 1.75%
Old Mutual Ltd OMM 13.24 13.30 0.45%
Sanlam Limited SLA 69.21 70.17 1.39%
Santam Limited SNM 275.48 275.41 -0.03%
Vukile Property Fund Limited VKN 13.45 13.50 0.37%
Investec Limited IVD 93.00 95.18 2.34%
PSG Konsult Limited KFS 13.02 13.18 1.23%

Table 3: Dual Listed Trades


Name ETFs Price Previous Close ‘N$ Price End of Day ‘N$ Daily Change %
New Gold Issuer Ltd NM NGNGLD 265.87 266.49 0.23%
New Gold Palladium ETF NGNPLD 346.94 319.60 -7.88%
New Gold Platinum ETF N NGNPLT 141.86 140.55 -0.92%
New Funds S&P NAM Bond NFNAMA 16.40 16.42 0.12%

Table 4: ETFs


Exchange Rates  
USD/ZAR 14.67
EUR/ZAR 16.11
GBP/ZAR 19.21
EUR/GBP 0.83
EUR/USD 1.10
GBP/USD 1.30
AUD/USD 0.75
USD/JPY 123.62
Commodities  
Gold 1,922.80
Silver 25.02
Platinum 987.55
Palladium 2,263.02
WTI 105.48
Brent 109.17

Table 5: Exchange Rates and Commodities 


Local News

Investors in a pyramid scheme are in limbo after the Bank of Namibia (BoN) froze assets to tune of approximately N$ 10 million last Friday. (Namibian Sun)

Namibia is scheduled to pay domestic and international creditors some N$ 9.2 billion in interest, not including the value of the bonds due to redemption. (New Era Newspaper)

As criticism mounts over Namibia spending millions on a six-month presence at the Expo 2020 Dubai, the Namibia Investment Promotion and Development Board (NIPDB) days it is still too early to determine how much business the country has ranked in. (The Namibian)

Sub-Sahara News

Over the past four years, businesses have promised to put more than R1 trillion into the economy. Of this, R314 billion is already spent; R460 billion is in investments in progress; and R332 billion comprises new announcements made at last week’s investment conference. (News24)

The African Development Bank (AfDB) is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and stave off a potential food crisis brought on by Russia’s invasion of Ukraine. (CNBC Africa)

The “rampant vaccine nationalism” of wealthy nations and corporations – which saw less than eight percent of Africans fully vaccinated against Covid-19 by the end of 2021 – took centre stage on Monday as one of the world’s best known human rights groups launched its annual report. (All Africa News)

International News

Sanctioned Russian billionaire Roman Abramovich and Ukrainian peace negotiators suffered symptoms of suspected poisoning earlier this month after a meeting in Kyiv. (Aljazeera News)

Asian stocks ended broadly higher on Tuesday despite concerns over rising geopolitical tensions and hawkish comments from Federal Reserve Chair Jerome Powell. (RTT News)

Shanghai, China’s most populous city, on Tuesday again tightened the first phase of a two-stage COVID-19 lockdown, asking some residents to stay indoors unless they are getting tested as the number of daily cases rose beyond 4,400. (Reuters)

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