| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Locals | 1 625 | 13 268 | 0.51% |
| SA Dual Listed | 25 684 | 2 593 257 | 99.49% |
| ETFs | – | – | 0% |
| Total | 27 309 | 2 606 525 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 2 606 525 worth of shares was traded on the NSX on Monday, with about N$ 2 339 704 worth of Standard Bank Group, N$ 80 820 worth of Old Mutual Ltd and N$ 9 867 worth of SBN Holdings Ltd and N$ 3 401 worth of Namibia Breweries on the home front. No ETFs were traded on Monday.
HEI Equity Research Commentary
From the trading activity that took place:
- Standard Bank Group’s shares were traded at market price.
- Exchange of Old Mutual’s shares occurred with no price change.
- Volumes of SBN Holdings’ shares were traded at market price.
- Trading movement occurred in Namibia Breweries as shares were traded with no incremental change in value.
- On the NSX, locally traded shares have not emerged yet, as low market liquidity continue to influence investor’s decision making into buying shares on the Namibian stock market.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 34.01 | 34.01 | 0% |
| Nictus Holdings | NHL | 1.80 | 1.80 | 0% |
| Capricorn | CGP | 12.94 | 12.94 | 0% |
| First Rand Namibia | FNB | 29.99 | 29.99 | 0% |
| Standard Bank Namibia | SNO | 6.47 | 6.47 | 0% |
| Oryx Limited | ORY | 11.44 | 11.44 | 0% |
| Letshego | LHN | 1.70 | 1.70 | 0% |
| Namibia Asset Management | NAM | 0.66 | 0.66 | 0% |
| Stimulus | SILP | 127.90 | 127.90 | 0% |
| Paratus Namibia Holdings Ltd | PNH | 12.00 | 12.00 | 0% |
| Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0% |
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 | 628.50 | 628.50 | 0.00% |
| Barloworld Limited | BWL | 108.08 | 108.08 | 0.00% |
| Oceana Group Limited | OCG | 68.42 | 68.42 | 0.00% |
| Mediclinic International Plc | MEP | 63.28 | 63.28 | 0.00% |
| Truworths | TRW | 64.41 | 64.41 | 0.00% |
| Nedbank Group Limited | NBK | 180.39 | 180.39 | 0.00% |
| Standard Bank Group | SNB | 146.02 | 146.02 | 0.00% |
| Shoprite Holdings | SRH | 178.25 | 178.25 | 0.00% |
| FirstRand Limited | FST | 60.82 | 60.82 | 0.00% |
| Momentum Metropolitan Holdings | MMT | 19.49 | 19.49 | 0.00% |
| Old Mutual Ltd | OMM | 14.59 | 14.59 | 0.00% |
| Sanlam Limited | SLA | 63.61 | 63.61 | 0.00% |
| Santam Limited | SNM | 248.88 | 284.88 | 0.00% |
| Vukile Property Fund Limited | VKN | 11.55 | 11.55 | 0.00% |
| Investec Limited | IVD | 60.75 | 60.75 | 0.00% |
| PSG Konsult Limited | KFS | 11.50 | 11.50 | 0.00% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 249.97 | 249.97 | 0.00% |
| New Gold Palladium ETF | 345.03 | 349.63 | 349.63 | 0.00% |
| New Gold Platinum ETF N | NGNPLT | 143.70 | 143.70 | 0.00% |
Table 4: ETFs
| Exchange Rates | |
| USD/ZAR | 14.68 |
| EUR/ZAR | 17.33 |
| GBP/ZAR | 20.21 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.18 |
| GBP/USD | 1.37 |
| AUD/USD | 0.73 |
| USD/JPY | 109.84 |
| Commodities | |
| Gold | 1 815.70 |
| Silver | 24.03 |
| Platinum | 998.05 |
| Palladium | 2 480.00 |
| WTI | 68.86 |
| Brent | 71.85 |
Table 5: Exchange Rates and Commodities
Local News
The Namibia Investment Promotion and Development Board(NIPDB) has been accused of stealing the ‘Ostora’ concept from two budding entrepreneurs who knocked on their door for funding earlier this month (Namibian Sun)
The Namibian Competition Commission (NaCC) on 26 February 2021 transferred N$27.1 million to the State Revenue Fund, which originated from penalties it collected and is in fulfilment of its obligation with the provisions of the Competition Act. (New Era Newspaper)
Public enterprises minister Leon Jooste has defended the government’s decision to pay N$1,6 billion to an American company that leased aircraft to Air Namibia. (The Namibian)
Sub-Sahara News
In South Africa, Eskom, which supplies almost all South Africa’s electricity from coal-fired power plants, is considering spending R106 billion on wind and solar energy by 2030. (News24)
The African Development Bank (AfDB) says the corona virus pandemic has cost the world’s poorest region more than 30 million jobs and reversed a lot of the continent’s economic gains of recent years. (CNBC Africa)
New Covid-19 variant C.1.2 has been identified in South Africa. According to the researchers, there are concerns that this SARS-CoV-2 variant of interest (VOI) has been associated with increased transmissibility, neutralization resistance, and disease severity. (All Africa News)
International News
The U.S. Treasury Department said the acquisition of Magnachip Semiconductor Corp by a Chinese private equity firm posed “risks to national security”, in another hurdle for Chinese companies trying to invest abroad in critical tech industries. (Reuters)
European stocks may open higher on Tuesday amid easing worries of an imminent tapering of Fed stimulus (RTT News)
The final US military flight has left the Afghan capital, the Pentagon has announced, officially ending the United States’ 20-year war in Afghanistan after a chaotic evacuation effort. (Aljazeera News)