NSX DAILY UPDATES (28 APRIL 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 143,439.00 13,115,370.99100.00%
ETFs –   –  0.00%
Total 143,439.00 13,115,370.99100.00%

   Table 1: NSX Trades


NSX Activities

A total of N$ 13,115,370.99 worth of shares was traded on the NSX on Friday with about N$ 1,394,289 worth of shares belonging to Anglo-American plc and N$ 242,850 worth of shares belonging to Capricorn Group Limited trades occurred on the home front. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares decline as investors sell off some shares.  
  • Capricorn Group’s shares were traded on the domestic bourse resulting in a slight decrease of 0.1% in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS32.0132.010.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP15.0014.99-0.07%
First Rand NamibiaFNB38.0038.000.00%
Standard Bank NamibiaSNO8.458.450.00%
Oryx LimitedORY12.0011.99-0.08%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.8012.800.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
Alpha Namibia Industries Renewable Power LimitedANE8.998.990.00%

   Table 2: Primary listed Trades


­­

NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM561.58560.70-0.16%
B2Gold CorporationB2G73.9373.930.00%
Oceana Group LimitedOCG68.3467.00-1.96%
Mediclinic International PlcMEP113.94114.640.61%
TruworthsTRW55.0754.38-1.25%
Nedbank Group LimitedNBK210.13211.050.44%
Standard Bank GroupSNB170.32171.290.57%
Shoprite HoldingsSRH222.00222.950.43%
FirstRand LimitedFST63.7464.360.97%
Momentum Metropolitan HoldingsMMT18.3418.500.87%
Old Mutual LtdOMM11.3611.622.29%
Sanlam LimitedSLA55.8856.430.98%
Santam LimitedSNM281.05283.931.02%
Vukile Property Fund LimitedVKN12.5912.620.24%
Investec LimitedIVD99.90100.600.70%
PSG Konsult LimitedKFS12.9313.101.31%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD339.68343.351.08%
New Gold Palladium ETFNGNPLD271.45270.06-0.51%
New Gold Platinum ETF NNGNPLT189.48194.862.84%
New Funds S&P NAM BondNFNAMA18.4818.23-1.35%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.37
EUR/NAD20.18
GBP/NAD22.95
EUR/GBP0.87
EUR/USD1.10
GBP/USD1.24
AUD/USD0.67
USD/JPY133.62
Commodities @ 07:00 
Gold1,991.95
Silver25.12
Platinum1,062.25
Palladium1,455.53
WTI75.58
Brent79.22

Table 5: Exchange Rates and Commodities 


Local News

A Finnish business delegation accompanying President Sauli Niinistö to Namibia is looking to invest in the country’s mining and green hydrogen areas. (Sun Newspaper)

OK Foods, one of only two food retailers in Lüderitz, is seeking the High Court’s assistance to get its store up and running again after it was shut down by the municipality for failing a health inspection. The company is claiming the municipality has no right to arbitrarily suspend business operations of its store at the detriment of the clients and workers, who face retrenchments (New Era Newspaper)

Namibia’s mining sector recorded a year of strong growth of 21,6% in 2022 compared to 11% in 2021, on the back of good performance by the diamond sector. (The Namibian Newspaper)

Sub-Sahara News

The Government Employees Pension Fund is the country’s biggest investor in fossil fuel companies, but it says that “first world” nations have to do the heavy lifting when it comes to reducing emissions. (News24)

Investors put their cash in the relative safety of global money market funds in the seven days to April 26, on worries over a slowdown in global economic activity with the recent decline in U.S. companies’ quarterly earnings feeding pessimism. (CNBC Africa)

South African Federation of Trade Unions (SAFTU) General Secretary Zwelinzima Vavi has urged the government to increase the number of public servants and improve their salaries, (SABC News)

International News

China is increasingly barring people from leaving the country, including foreign executives, a jarring message as the authorities say the country is open for business after three years of tight COVID-19 restrictions. (Reuters)

Asian stocks ended mostly lower in thin trading on Tuesday, with Australian and New Zealand markets closed for a public holiday (RTT News)

Russians have suffered 100,000 casualties, including 20,000 killed, since a war of attrition intensified in Ukraine’s Donetsk region in December, according to an estimate by the White House, as Kyiv readies for a new counteroffensive against Moscow’s forces. (Aljazeera News)

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