NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 349,587.00 | 9,125,345.47 | 100.00% |
ETFs | – | – | 0.00% |
Total | 349,587.00 | 9,125,345.47 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 9,125,345.47 worth of shares was traded on the NSX on Thursday with about N$ 504,258 worth of shares belonging to Anglo-American plc and N$ 9,912 worth of Mobile Telecommunications Limited on the home front. No ETFs were traded on Thursday.
HEI Market Commentary
From the trading activity that took place:
- Anglo-American’s stock price has experienced a downturn in the general market following the disclosure of De Beers’ second sales cycle of 2023, which reported a decline in the value of rough diamond sales.
- The domestic exchange facilitated the trading of Mobile Telecommunications’ shares, resulting in a neutral effect on the company’s stock price.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 46.02 | 46.02 | 0.00% |
Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
Capricorn | CGP | 13.81 | 13.81 | 0.00% |
First Rand Namibia | FNB | 34.02 | 34.02 | 0.00% |
Standard Bank Namibia | SNO | 5.20 | 5.20 | 0.00% |
Oryx Limited | ORY | 11.49 | 11.49 | 0.00% |
Letshego | LHN | 3.53 | 3.53 | 0.00% |
Namibia Asset Management | NAM | 0.68 | 0.68 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.84 | 12.84 | 0.00% |
Mobile Telecommunication Company | MOC | 7.08 | 7.08 | 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 | 629.70 | 629.30 | -0.06% |
B2Gold Corporation | B2G | 62.03 | 61.43 | -0.97% |
Oceana Group Limited | OCG | 71.43 | 69.71 | -2.41% |
Mediclinic International Plc | MEP | 109.00 | 110.00 | 0.92% |
Truworths | TRW | 59.45 | 57.75 | -2.86% |
Nedbank Group Limited | NBK | 222.99 | 227.30 | 1.93% |
Standard Bank Group | SNB | 178.64 | 179.82 | 0.66% |
Shoprite Holdings | SRH | 217.93 | 218.73 | 0.37% |
FirstRand Limited | FST | 66.21 | 68.04 | 2.76% |
Momentum Metropolitan Holdings | MMT | 19.18 | 19.00 | -0.94% |
Old Mutual Ltd | OMM | 12.16 | 12.27 | 0.90% |
Sanlam Limited | SLA | 58.38 | 58.39 | 0.02% |
Santam Limited | SNM | 301.36 | 302.00 | 0.21% |
Vukile Property Fund Limited | VKN | 13.70 | 13.73 | 0.22% |
Investec Limited | IVD | 111.42 | 112.70 | 1.15% |
PSG Konsult Limited | KFS | 12.60 | 12.42 | -1.43% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 314.10 | 317.16 | 0.97% |
New Gold Palladium ETF | NGNPLD | 250.76 | 246.68 | -1.63% |
New Gold Platinum ETF N | NGNPLT | 168.35 | 171.71 | 2.00% |
New Funds S&P NAM Bond | NFNAMA | 18.14 | 18.11 | -0.17% |
Table 4: ETFs
Exchange Rates @ 07:00 | |
USD/NAD | 18.52 |
EUR/NAD | 19.62 |
GBP/NAD | 22.09 |
EUR/GBP | 0.88 |
EUR/USD | 1.05 |
GBP/USD | 1.19 |
AUD/USD | 0.65 |
USD/JPY | 136.58 |
Commodities @ 07:00 | |
Gold | 1,834.05 |
Silver | 20.00 |
Platinum | 936.60 |
Palladium | 1,375.78 |
WTI | 75.14 |
Brent | 81.13 |
Table 5: Exchange Rates and Commodities
Local News
Commercial public entities are expected to receive N$425.4 million in allocations from the budget following its tabling last month by finance minister Iipumbu Shiimi.. (Sun Newspaper)
Two unions, the Namibia National Teachers Union and Namibia Public Workers Union, proposed salary and other benefit increases for civil servants for the 2023/24 and 2024/25 financial years. (New Era Newspaper)
Social protection programs are necessitated by the escalation in food and commodity prices, which affect access to food for vulnerable communities. (The Namibian Newspaper)
Sub-Sahara News
A former analyst at the Public Investment Corporation has told the high court the group’s former head, Dan Matjila, acted like a “dictator” and bullied staff. Matjila has in the past denied similar claims (News24)
Nigeria’s electoral commission has postponed by a week Saturday’s elections to choose new governors, saying it needed more time to reconfigure electronic machines that are at the center of last month’s disputed presidential vote. (CNBC Africa)
Eight years after journalist and pro-democracy activist, Itai Dzamara went missing authorities are yet to give a progress report on their investigation efforts to ensure his family receives justice, truth, and reparation. (All Africa News)
International News
Russia’s first missile blitz on Ukrainian cities in weeks was met with defiance and disgust over the targeting of civilians, while Ukrainian forces defending the eastern town of Bakhmut continued to thwart Russian attempts to break through. (Reuters)
European stocks look set to open higher on Friday, as comments from a Federal Reserve official raised hopes that the Fed with stick with a 25-bps rate hike at its next meeting in March. (RTT News)
Malaysia’s former Prime Minister Muhyiddin Yassin has been charged with abuse of power and money laundering in connection with the awarding of government contracts during the COVID-19 pandemic.. (Aljazeera News)