NSX DAILY UPDATE(23 FEBRUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,297,623.00 18,821,499.28100.00%
ETFs –   –  0.00%
Total 1,297,623.00 18,821,499.28100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 18,821,499.28 worth of shares was traded on the NSX on Thursday with about N$ 538,213 worth of shares belonging to Shoprite Holdings and N$ 16,419,597 worth of Capricorn Group Limited on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Shoprite Holdings’ share performance on the overall bourse increased as market participants find comfort in consumer staples investment securities
  • Capricorn Group Limited shares were the most traded shares on the local bourse valued at N$ 16,419,597 as the group released its interim financial statements for the six months ended 31 December 2022
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 NamibiaSNO5.195.190.00%
Oryx LimitedORY11.3811.380.00%
Letshego  LHN3.513.520.28%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.1912.85-2.58%
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 plcANM669.99677.251.08%
B2Gold CorporationB2G59.5459.31-0.39%
Oceana Group LimitedOCG71.2570.38-1.22%
Mediclinic International PlcMEP109.56109.640.07%
TruworthsTRW67.5263.84-5.45%
Nedbank Group LimitedNBK234.53237.381.22%
Standard Bank GroupSNB184.13186.861.48%
Shoprite HoldingsSRH227.57231.871.89%
FirstRand LimitedFST65.3967.523.26%
Momentum Metropolitan HoldingsMMT19.6419.891.27%
Old Mutual LtdOMM11.6011.882.41%
Sanlam LimitedSLA57.8058.491.19%
Santam LimitedSNM286.21288.140.67%
Vukile Property Fund LimitedVKN12.8013.062.03%
Investec LimitedIVD115.16116.861.48%
PSG Konsult LimitedKFS12.3212.390.57%

Table 3: Dual Listed Trades

NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD310.47310.610.05%
New Gold Palladium ETFNGNPLD264.46258.29-2.33%
New Gold Platinum ETF NNGNPLT167.74168.020.17%
New Funds S&P NAM BondNFNAMA18.1618.06-0.55%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD18.20
EUR/NAD19.29
GBP/NAD21.89
EUR/GBP0.88
EUR/USD1.05
GBP/USD1.20
AUD/USD0.68
USD/JPY134.56
Commodities @ 08:00 
Gold1,832.20
Silver21.29
Platinum948.85
Palladium1,441.53
WTI75.94
Brent82.82

Table 5: Exchange Rates and Commodities 

Local News

Locally-listed Capricorn Group Limited achieved solid results with profit after tax of about N$698.2 million for the six months ended 31 December 2022 – an increase of 20.3% compared to the prior period. Releasing its latest interim financials on the Namibian Stock Exchange (NSX) this morning. (Sun Newspaper)

The Prime Minister of the Kingdom of Eswatini Cleopas Sipho Dlamini, as the current chair of the Southern African Customs Union (SACU), officially announced the finalisation of the SACU Tariff Offer on 18 February 2023. (New Era Newspaper)

Bond prices sky-rocked, offsetting sovereign yields on a downward trajectory amid the NamibiaN budget statement released on Wednesday (HEI Research)

Sub-Sahara News

Eskom chief financial officer Calib Cassim has been appointed as interim CEO following the abrupt departure of André de Ruyter. He takes on the role with immediate effect, until further notice, the power utility said in a statement on Friday. (News24)

Investors welcomed plans by South Africa’s government to take on some 60% of Eskom’s debt over the next three years, saying it could pave the way to a sustainable future for the troubled state utility. (CNBC Africa)

Food and Agriculture Organization of the United Nations (FAO) Director-General QU Dongyu, has urged African leaders and experts to find solutions on how water can be used in a sustainable and equitable way that conserves the precious liquid. (All Africa News)

International News

North Korea test-fired four strategic cruise missiles during a drill designed to demonstrate its ability to conduct a nuclear counterattack against hostile forces, its state media said on Friday. (Reuters)

Asian stocks retreated on Friday as hotter-than-expected U.S. producer price data coupled with hawkish comments from two Federal Reserve officials stoked worries about further interest rate hikes (RTT News)

The United Nations General Assembly (UNGA) has voted overwhelmingly in favor of a resolution demanding Moscow withdraw its troops from Ukraine and end the fighting, a year after Russia launched its invasion. (Aljazeera News)

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