NSX DAILY UPDATE (29 MARCH 2022)




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)

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