NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 2,167,582 | 54,670,105 | 99.54% |
ETFs | 976 | 250,746 | 0.46% |
Total | 2,168,558 | 54,920,851 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 54,670,105 worth of shares was traded on the NSX on Tuesday, with about N$ 820,769 worth of Anglo-American, N$ 300,260 worth of Sanlam Limited and N$ 28,600 of Paratus Namibia Holdings on the home front. No ETFs worth N$ 250,746 were traded on Tuesday.
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 | 45.00 | 45.00 | 0.00% |
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 | 751.00 | 723.16 | -3.71% |
B2Gold Corporation | B2G | 68.14 | 66.61 | -2.25% |
Oceana Group Limited | OCG | 59.01 | 59.90 | 1.51% |
Mediclinic International Plc | MEP | 68.25 | 70.15 | 2.78% |
Truworths | TRW | 57.89 | 58.50 | 1.05% |
Nedbank Group Limited | NBK | 237.44 | 239.88 | 1.03% |
Standard Bank Group | SNB | 180.62 | 185.00 | 2.42% |
Shoprite Holdings | SRH | 233.10 | 237.64 | 1.95% |
FirstRand Limited | FST | 76.33 | 77.75 | 1.86% |
Momentum Metropolitan Holdings | MMT | 17.43 | 17.60 | 0.98% |
Old Mutual Ltd | OMM | 13.30 | 13.97 | 5.04% |
Sanlam Limited | SLA | 70.17 | 72.04 | 2.66% |
Santam Limited | SNM | 275.41 | 282.56 | 2.60% |
Vukile Property Fund Limited | VKN | 13.50 | 13.57 | 0.52% |
Investec Limited | IVD | 95.18 | 97.04 | 1.95% |
PSG Konsult Limited | KFS | 13.18 | 13.30 | 0.91% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 266.49 | 259.48 | -2.63% |
New Gold Palladium ETF | NGNPLD | 319.60 | 294.04 | -8.00% |
New Gold Platinum ETF N | NGNPLT | 140.55 | 136.60 | -2.81% |
New Funds S&P NAM Bond | NFNAMA | 16.42 | 16.43 | 0.06% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.48 |
EUR/ZAR | 16.10 |
GBP/ZAR | 19.01 |
EUR/GBP | 0.84 |
EUR/USD | 1.10 |
GBP/USD | 1.30 |
AUD/USD | 0.75 |
USD/JPY | 121.74 |
Commodities | |
Gold | 1,926.80 |
Silver | 25.08 |
Platinum | 996.60 |
Palladium | 2,203.50 |
WTI | 105.98 |
Brent | 109.31 |
Table 5: Exchange Rates and Commodities
Local News
Namibia’s corporate tax, which is the second-highest in Southern Africa, has been described as a ‘deterrent’ in attracting foreign businesses to the country. (Namibian Sun)
The construction of a N$ 300 million solar plant with a capacity of 20MW was officially commissioned at Usakos yesterday. (New Era Newspaper)
Namibian women can now look forward to taking care of their newborns for three months’ maternity leave while being paid up to N$ 15 000 per month. (The Namibian)
Sub-Sahara News
The National Treasury has availed only R20.5 billion to adjust salaries for the cost of living of public servants in the 2022/23 fiscal year. But it has a bigger problem as it is trying to contain the public wage bill when more teachers, nurses and doctors are needed in the country. (News24)
The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers’ group should not engage in politics as pressure mounted on them to take action against Russia over its invasion of Ukraine. (CNBC Africa)
South Africa’ s image as a neutral party was last week shattered when it tried to introduce a resolution at the UN that made no mention of Russia. Pretoria’s proposed resolution on providing humanitarian aid to Ukraine was defeated in the UN General Assembly because it did not blame Russia for the humanitarian crisis. (All Africa News)
International News
A gunman has killed at least five people in Bnei Brak, an ultra-Orthodox suburb of the Israeli city Tel Aviv, before being shot dead. (Aljazeera News)
Asian stocks advanced on Wednesday after technology stocks led a rally on Wall Street overnight (RTT News)
A closely monitored section of the U.S. Treasury yield curve inverted on Tuesday for the first time since September 2019, a reflection of market concerns that the Federal Reserve could tip the economy into recession as it battles soaring inflation. (Reuters)