NSX DAILY UPDATE (02 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 142,216.00 6,645,521.46100.00%
ETFs –   –  0.00%
Total 142,216.00 6,645,521.46100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 6,645,521.46 worth of shares was traded on the NSX on Friday with about N$ 113,340 worth of shares belonging to Anglo-American plc and N$ 93,800 worth of shares belonging to Capricorn Group Limited on the home front. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed to Anglo-American shares, leading to a 4.2% increase in the company’s stock value.
  • Market participants actively traded Capricorn Group shares on the domestic market, resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS35.9935.990.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.0014.000.00%
First Rand NamibiaFNB41.0041.000.00%
Standard Bank NamibiaSNO7.007.000.00%
Oryx LimitedORY11.9711.970.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7912.790.00%
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 plcANM565.87589.774.22%
B2Gold CorporationB2G73.2473.850.83%
Oceana Group LimitedOCG71.7271.15-0.79%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW49.0948.77-0.65%
Nedbank Group LimitedNBK208.50207.51-0.47%
Standard Bank GroupSNB152.90155.171.48%
Shoprite HoldingsSRH196.27199.281.53%
FirstRand LimitedFST61.1861.550.60%
Momentum Metropolitan HoldingsMMT16.6516.981.98%
Old Mutual LtdOMM10.9511.172.01%
Sanlam LimitedSLA52.6953.872.24%
Santam LimitedSNM269.40272.411.12%
Vukile Property Fund LimitedVKN12.4612.701.93%
Investec LimitedIVD104.55105.671.07%
PSG Konsult LimitedKFS11.6511.771.03%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD361.53357.18-1.20%
New Gold Palladium ETFNGNPLD263.03268.792.19%
New Gold Platinum ETF NNGNPLT190.32189.45-0.46%
New Funds S&P NAM BondNFNAMA18.2718.340.38%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.52
EUR/NAD20.88
GBP/NAD24.26
EUR/GBP0.86
EUR/USD1.06
GBP/USD1.24
AUD/USD0.66
USD/JPY140.13
Commodities @ 07:00 
Gold1,966.05
Silver23.59
Platinum1,009.80
Palladium1.424.28
WTI72.64
Brent77.00
Table 5: Exchange Rates and Commodities

Local News

Operations at the Chinese lithium miner Xinfeng’s open pit mine, about 70 km outside Uis, continue. Along the dirt road to Henties Bay and then deep into the open Namib Desert plains of the Tsiseb conservation area, mechanical diggers extract cavities from the earth. (Sun Newspaper)

The developer of a massive green hydrogen project, Hyphen Hydrogen Energy, will provide for the housing needs of employees involved in the much-hyped project. (New Era Newspaper)

Minister of Mines and Energy Tom Alweendo has confirmed that while existing mining and exploration contracts will remain unaffected, the government is contemplating the possibility of requiring a minimum equity stake through a public enterprise in future mineral and petroleum licences. (The Namibian Newspaper)

Sub-Sahara News

Residents at Balwin’s luxury Munyaka, Kikuyu, Huntsman, and The Jade estates say they are fed up with leaks, damps, mold, and frequent water and electricity interruptions. (News24)

The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal Reserve to change course with its rate-hiking cycle. (CNBC Africa)

Police are seeking to arrest an Eskom power utility executive who holds a top-secret security clearance, suspecting their involvement in orchestrating breakdowns at specific power stations (AllAfrica News)

International News

The U.S. Navy has released a video of what is called an “unsafe interaction” in the Taiwan Strait, in which a Chinese warship crossed in front of a U.S. destroyer in the sensitive waterway, a risky incident amid deteriorating Sino-U.S. ties. (Reuters News)

European shares rose on Monday after U.S. lawmakers reached a tentative debt limit deal to avert a fast-approaching default in early June. (RTT News)

Russia has said its forces thwarted a major Ukrainian offensive in the Ukrainian region of Donetsk, killing 250 Ukrainian troops and destroying tanks and armored vehicles (Aljazeera News)

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