NSX DAILY UPDATES (26 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 399,688.00 15,644,361.40100.00%
ETFs –   –  0.00%
Total 399,688.00 15,644,361.40100.00%
Table 1: NSX Trades

NSX Activities

A total of N$15,644,361.40 worth of shares was traded on the NSX on Monday with about N$ 719,023 worth of shares belonging to Anglo-American plc and N$ 1,900,400 worth of shares belonging FirstRand Namibia Ltd on the home front. No ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Market participants continues to sell-off shares belonging to Anglo-American as precious metal prices decline, thus resulting in a slight decrease of 0.1% in the company’s stock value at closing
  • Market participants actively traded FirstRand Namibia shares on the domestic market, resulting an increase in share price at closing by 3.0%
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.0236.300.78%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.8014.850.34%
First Rand NamibiaFNB46.1347.512.99%
Standard Bank NamibiaSNO6.996.50-7.01%
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 CompanyMOC7.087.090.14%
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 plcANM538.06537.70-0.07%
B2Gold CorporationB2G68.4866.89-2.32%
Oceana Group LimitedOCG68.4869.060.85%
TruworthsTRW54.0855.001.70%
Nedbank Group LimitedNBK224.19223.96-0.10%
Standard Bank GroupSNB173.28172.74-0.31%
Shoprite Holdings SRH225.60224.64-0.43%
Firstrand LimitedFST66.5366.870.51%
Momentum Metropolitan HoldingsMMT17.8017.54-1.46%
Old Mutual LtdOMM11.8511.81-0.34%
Sanlam LimitedSLA57.8857.60-0.48%
Santam LimitedSNM287.00286.73-0.09%
Vukile Property Fund LimitedVKN13.1213.10-0.15%
Investec LimitedIVD103.69102.05-1.58%
PSG Konsult LimitedKFS12.6812.821.10%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD335.64334.09-0.46%
New Gold Palladium ETFNGNPLD232.25237.072.08%
New Gold Platinum ETF NNGNPLT166.87166.65-0.13%
Satrix S&P Namibia Bond ETF)SXNNAM19.0219.130.58%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.57
EUR/NAD20.27
GBP/NAD23.64
EUR/GBP0.85
EUR/USD1.09
GBP/USD1.27
AUD/USD0.67
USD/JPY143.65
Commodities @ 07:00 
Gold1,934.45
Silver23.02
Platinum939.40
Palladium1,316.00
WTI70.07
Brent75.00
Table 5: Exchange Rates and Commodities

Local News

The Anti-Corruption Commission (ACC) wants the vice-chancellor of the Namibia University of Science and Technology (NUST), Dr. Erold Naomab, probed for corruption, maladministration, and mismanagement. (Sun Newspaper)

The Oshikoto Regional Council has spent N$40 million on infrastructure development for the 2022/23 financial year. (New Era Newspaper)

First Lady Monica Geingos says there is an urgent need for the private sector to provide employees with essential benefits while labour experts have urged employers to pay salaries relative to the current economic situation. (The Namibian Newspaper)

Sub-Sahara News

Travelers are benefiting from lower airfares over the winter period as local airlines accuse each other of uncompetitive pricing – with one operator wanting the competition watchdog to investigate whether some ticket prices are below the cost of operating flights. (News24)

Zimbabwe’s annual inflation rose to 175.8% in June from 86.5% in May, data showed on Monday, exacerbating a pricing crisis ahead of crucial elections. (CNBC Africa)

There may be survivors trapped underground in an unused mining shaft in Welkom, in the Free State, where at least 31 illegal miners – believed to be Basotho nationals – were killed during a methane explosion in May 2023. (AllAfrica News)

International News

Russian President Vladimir Putin paid tribute to pilots killed fighting an aborted mutiny, confirming their deaths for the first time while thanking Russians for showing patriotic solidarity in the face of the Wagner militia group’s march on Moscow. (Reuters News)

Asian stocks ended mixed on Tuesday as Chinese growth concerns persisted and investors waited for further direction from Federal Reserve Chair Jerome Powell, who will testify before Congress on Wednesday. (RTT News)

Ukrainian President Volodymyr Zelenskyy has visited Ukrainian forces fighting on the front line that runs through the eastern Donetsk region and the south of the country, decorating troops on a day in which he said his forces had “advanced in all directions”. (Aljazeera News)

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