NSX DAILY UPDATES (22 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 401,413.00 18,915,201.3996.98%
ETFs 1,775.00 588,590.003.02%
Total 403,188.00 19,503,791.39100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 18,915,201.39 worth of shares was traded on the NSX on Thursday with about N$  13,557,425 worth of shares belonging to Anglo-American plc and N$  1,035,567 worth of shares belonging to Letshego Holdings Ltd on the home front. ETFs worth N$ 588,590.00 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold off shares belonging to Anglo-American as precious metal prices decline continuously, thus resulting in a slight decrease of 0.5% in the company’s stock value at closing
  • Market participants actively traded Letshego Holdings shares on the domestic market, resulting in no change in share price at closing
  • New Gold Issuer Ltd NM ETF was offloaded as investor demand in gold declined amid weak performance of commodity prices
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.0236.020.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.5014.500.00%
First Rand NamibiaFNB44.7944.790.00%
Standard Bank NamibiaSNO6.996.990.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.903.900.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
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 plcANM548.09545.21-0.53%
B2Gold CorporationB2G64.6664.820.25%
Oceana Group LimitedOCG68.6067.07-2.23%
TruworthsTRW55.7155.61-0.18%
Nedbank Group LimitedNBK229.95227.49-1.07%
Standard Bank GroupSNB177.10175.50-0.90%
Shoprite Holdings SRH224.11227.101.33%
Firstrand LimitedFST68.3167.67-0.94%
Momentum Metropolitan HoldingsMMT18.2917.88-2.24%
Old Mutual LtdOMM12.1411.95-1.57%
Sanlam LimitedSLA60.2659.71-0.91%
Santam LimitedSNM288.00290.420.84%
Vukile Property Fund LimitedVKN13.5013.38-0.89%
Investec LimitedIVD106.99104.62-2.22%
PSG Konsult LimitedKFS12.7612.840.63%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD330.02329.82-0.06%
New Gold Palladium ETFNGNPLD243.91234.29-3.94%
New Gold Platinum ETF NNGNPLT168.56166.22-1.39%
Satrix S&P Namibia Bond ETF)SXNNAM18.8319.091.38%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.54
EUR/NAD20.30
GBP/NAD23.60
EUR/GBP0.86
EUR/USD1.09
GBP/USD1.27
AUD/USD0.67
USD/JPY142.87
Commodities @ 07:00 
Gold1,922.75
Silver22.19
Platinum922.50
Palladium1,276.75
WTI69.19
Brent73.89
Table 5: Exchange Rates and Commodities 

Local News

The government is developing new legislation to tackle the high import volumes of dairy, poultry, and pork into the country, as well as to avail breathing space and protection to enable those industries to grow. (Sun Newspaper)

The Department of Agriculture and land reform returned at least N$98 million to the State purse, money which could have been used to address other pressing public needs. (New Era Newspaper)

The Namibian economy between January and March this year expanded by 5% – growing the quarterly productivity base to N$36,8 billion. (The Namibian Newspaper)

Sub-Sahara News

The suspension is related to a R500 million emergency security contract awarded to Fidelity Services to investigate coal theft last year, News24 understands. (News24)

Nigeria’s naira currency hit a record low against the dollar after the spot market closed on Wednesday, and forwards contracts also hit new lows on Thursday, Refinitiv data showed. (CNBC Africa)

Zanzibar has secured EUR 400 million (about 1.04tri/-) loan to fund the development of Pemba airport and several key roads din the Isles. (AllAfrica News)

International News

A deep-sea submersible carrying five people on a voyage to the century-old wreck of the Titanic was found in pieces from a “catastrophic implosion” that killed everyone aboard, the U.S. Coast Guard said on Thursday, ending a multinational five-day search for the vessel. (Reuters News)

Final inflation data from Eurozone is the only major economic report due on Friday. At 3.00 am ET, the Czech Statistical Office releases producer prices for May. (RTT News)

United States President Joe Biden has defended calling Chinese President Xi Jinping a “dictator”, just days after their countries hailed modest progress in cooling tensions. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2022
This is the right footer