NSX DAILY UPDATES (10 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 79,162.00 3,167,064.62100.00%
ETFs –   –  0.00%
Total 79,162.00 3,167,064.62100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 3,167,064.62 worth of shares was traded on the NSX on Monday with about N$ 2,190,982 worth of shares belonging to Anglo-American plc and N$ 217,950 worth of shares belonging to Mobile Telecommunications Limited on the domestic market. Additionally, No ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Anglo-American was sold off by market participants, as China’s economic stimulus concerns affecting resource-based companies, resulting in a decline of 0.7% in the company’s stock value at closing
  • Mobile Telecommunications Limited shares were traded by market participants, resulting in an increase of the share price by 5.8% at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.8036.800.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.6514.650.00%
First Rand NamibiaFNB50.4050.400.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.0011.000.00%
Letshego  LHN3.853.850.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.097.505.78%
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 plcANM534.50531.00-0.65%
B2Gold CorporationB2G65.7965.810.03%
Oceana Group LimitedOCG71.1769.11-2.89%
TruworthsTRW56.8956.48-0.72%
Nedbank Group LimitedNBK224.23221.77-1.10%
Standard Bank GroupSNB178.00175.68-1.30%
Shoprite Holdings SRH219.99220.870.40%
Firstrand LimitedFST68.3267.47-1.24%
Momentum Metropolitan HoldingsMMT18.1118.09-0.11%
Old Mutual LtdOMM12.0612.00-0.50%
Sanlam LimitedSLA59.8659.900.07%
Santam LimitedSNM288.11283.46-1.61%
Vukile Property Fund LimitedVKN12.1711.98-1.56%
Investec LimitedIVD105.58105.10-0.45%
PSG Konsult LimitedKFS13.5113.20-2.29%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD339.96337.83-0.63%
New Gold Palladium ETFNGNPLD228.25222.13-2.68%
New Gold Platinum ETF NNGNPLT167.01167.810.48%
Satrix S&P Namibia Bond ETF)SXNNAM18.9718.91-0.32%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.77
EUR/NAD20.67
GBP/NAD24.15
EUR/GBP0.85
EUR/USD1.10
GBP/USD1.28
AUD/USD0.66
USD/JPY140.88
Commodities @ 07:00 
Gold1,932.55
Silver23.39
Platinum939.40
Palladium1,237.00
WTI73.39
Brent78.05
Table 5: Exchange Rates and Commodities 

Local News

The local Unesco office, which is situated in the higher education ministry, wants the minister to repay money paid to her earlier this year. (Sun Newspaper)

Bank Windhoek’s executive officer of retail banking services and specialists finance, James Chapman, said that the bank values its staff members and has consistently made a concerted effort to invest in a future-fit leadership and talent pool. (New Era Newspaper)

Andrada Mining (formerly Afritin), a United Kingdom-based company, has produced a record 216 tonnes of tin-in-concentrate at its Uis operation in Namibia in the first quarter of 2023. (The Namibian Newspaper)

Sub-Sahara News

The North Gauteng High Court in Pretoria has granted the government’s application to place the SA Post Office in business rescue, putting a halt to ongoing liquidation proceedings and paving the way for an R2.4 billion taxpayer bailout. (News24)

West African regional bloc ECOWAS has chosen Nigerian President Bola Tinubu as its new chairman at a time of deepening insecurity, including military coups and terrorism, in the region. (CNBC Africa)

The International Trade Centre (ITC), in collaboration with the Farmers Union Network of Liberia (FUNL), started a week-long training program on the importance of cooperatives for coffee producers. The goal is to assist them in the process of creating coffee cooperatives in Liberia to boost revenues. (AllAfrica News)

International News

NATO leaders gather for a summit in Vilnius on Tuesday seeking to overcome divisions on Ukraine’s membership bid after a deal to lift Turkey’s block on Sweden joining the military alliance. (Reuters News)

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders seem cautious and reluctant to make significant moves amid uncertainty about the pace of economic growth amid rising interest rates (RTT News)

Israel’s parliament, or Knesset, has given its first approval to a bill that would limit the oversight powers of the country’s Supreme Court, furthering a controversial judicial overhaul in the country. (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