NSX DAILY UPDATE(06 DECEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 124,748.00 2,980,044.32100.00%
ETFs –   –  0.00%
Total 124,748.00 2,980,044.32 100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 2,980,044.32 worth of shares was traded on the NSX on Tuesday with about N$ 344,356 worth of shares belonging to Anglo-American plc and N$ 588,340 from Namibia Breweries on the home front. No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s performance declined amid the JSE Index dropping as controversies on President Ramaphosa continues
  • Namibia Breweries shares were traded by one market participant, with no change in share price a closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0213.020.00%
First Rand NamibiaFNB32.0132.030.06%
Standard Bank NamibiaSNO4.304.310.23%
Oryx LimitedORY10.2410.240.00%
LetshegoLHN3.003.000.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.0013.000.00%
Mobile Telecommunication CompanyMOC7.037.030.00%
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 plcANM716.76702.40-2.00%
B2Gold CorporationB2G61.7761.770.00%
Oceana Group LimitedOCG56.3756.10-0.48%
Mediclinic International PlcMEP104.50104.820.31%
TruworthsTRW57.6258.952.31%
Nedbank Group LimitedNBK213.10219.002.77%
Standard Bank GroupSNB172.43174.991.48%
Shoprite HoldingsSRH243.15248.432.17%
FirstRand LimitedFST62.4062.950.88%
Momentum Metropolitan HoldingsMMT17.4617.550.52%
Old Mutual LtdOMM10.5310.590.57%
Sanlam LimitedSLA52.2453.071.59%
Santam LimitedSNM253.75255.000.49%
Vukile Property Fund LimitedVKN13.6313.58-0.37%
Investec LimitedIVD101.75102.190.43%
PSG Konsult LimitedKFS12.0511.83-1.83%

Table 3: Dual Listed Trades

NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD287.41286.66-0.26%
New Gold Palladium ETFNGNPLD316.29315.49-0.25%
New Gold Platinum ETF NNGNPLT167.94166.94-0.60%
New Funds S&P NAM BondNFNAMA17.4917.46-0.17%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD17.34
EUR/NAD18.11
GBP/NAD21.00
EUR/GBP0.86
EUR/USD1.04
GBP/USD1.21
AUD/USD0.66
USD/JPY137.68
Commodities @ 08:00 
Gold1,784.05
Silver22.42
Platinum994.45
Palladium1,875.53
WTI74.22
Brent79.38

Table 5: Exchange Rates and Commodities 

Local News

OneWeb announced the signing of a distribution partnership with Paratus Group (Paratus), the pan-African telecommunications company. (Sun Newspaper)

Khaibasen Garden Project farmers at Ganamab, who last year were funded by the United Nations Development Programme (UNDP) to the tune of US$50,000 to grow tomatoes, white and yellow maize, green peppers, potatoes, and watermelons, predict a bright future (New Era Newspaper)

The Ministry of Fisheries and Marine Resources has reduced the total allowable catch (TAC) of horse mackerel for the 2023 fishing season to 290,000 tonnes.(The Namibian)

Sub-Sahara News

The economy was surprised with strong growth in the third quarter, with the construction and mining sectors growing for the first time in more than a year. (News24)

South Africa’s economy grew 1.6% in the third quarter in quarter-on-quarter terms from a contraction of 0.7% in the second quarter, better than economists had predicted, official data showed on Tuesday. (CNBC Africa)

Pharmaceutical companies like Pfizer and Johnson & Johnson produced vaccines at huge costs, shutting out poorer nations. This is despite calls for a collaborative effort, by the World Health Organization (WHO) and calls for richer nations to help countries unable to afford vaccines. Poorer nations in Africa, Asia, and Latin America found themselves last in the queue and African leaders bemoaned the crisis unfolding in their countries. (All Africa News)

International News

A third Russian airfield was set ablaze by a drone strike a day after Ukraine demonstrated an apparent new ability to penetrate hundreds of kilometers into Russia with attacks on two air bases. (Reuters)

Asian stocks ended Wednesday’s session broadly higher despite weak data from China and worries about the worsening Covid-19 situation in the country. (RTT News)

The United Nations humanitarian chief says Russia’s “sustained” attacks on Ukraine’s energy infrastructure, as temperatures fall below freezing, has created a “new level of need” in a war he has called “senseless”. (Aljazeera News)

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