NSX DAILY UPDATES (13 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 135,551.00 6,678,480.65100.00%
ETFs –   –  0.00%
Total 135,551.00 6,678,480.65100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 6,678,480.65 worth of shares was traded on the NSX on Thursday with about N$ 394,248 worth of shares belonging to Anglo-American plc and N$ 192,730 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Anglo-American continued to be subscribed by market participants on the backdrop of boosted investor confidence in the mining sector, resulting in an increase of 1.8% in the company’s stock value at closing
  • FirstRand Namibia’s shares were traded by market participants, resulting in no change in share price 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 LimitedORY11.0011.302.73%
Letshego  LHN3.853.850.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.507.500.00%
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 plcANM550.00559.801.78%
B2Gold CorporationB2G67.0268.722.54%
Oceana Group LimitedOCG70.9669.25-2.41%
TruworthsTRW59.6059.980.64%
Nedbank Group LimitedNBK224.46224.610.07%
Standard Bank GroupSNB179.01183.632.58%
Shoprite Holdings SRH239.11238.60-0.21%
Firstrand LimitedFST68.9769.841.26%
Momentum Metropolitan HoldingsMMT18.3218.490.93%
Old Mutual LtdOMM12.2612.491.88%
Sanlam LimitedSLA61.1962.902.79%
Santam LimitedSNM283.10290.002.44%
Vukile Property Fund LimitedVKN12.1212.07-0.41%
Investec LimitedIVD106.58107.230.61%
PSG Konsult LimitedKFS13.5313.51-0.15%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD331.70327.30-1.33%
New Gold Palladium ETFNGNPLD226.07223.44-1.16%
New Gold Platinum ETF NNGNPLT167.50168.050.33%
Satrix S&P Namibia Bond ETF)SXNNAM18.9319.070.74%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD17.96
EUR/NAD20.15
GBP/NAD23.54
EUR/GBP0.85
EUR/USD1.12
GBP/USD1.31
AUD/USD0.68
USD/JPY138.08
Commodities @ 07:00 
Gold1,960.85
Silver24.94
Platinum976.10
Palladium1,278.53
WTI76.69
Brent81.09
Table 5: Exchange Rates and Commodities 

Local News

Stock exchange urged to stop reconafrica listing new shares (Sun Newspaper)

Amid persistent talks regarding the potential downfall of Meatco and the growing demand for restructuring, CEO Mwilima Mushokabanji has expressed confidence in the company’s progress and is optimistic about its resurgence. (New Era Newspaper)

Health and social services deputy minister Ester Muinjangue on Tuesday confirmed cases of chronic lead exposure at Rosh Pinah in the //Kharas region. (The Namibian Newspaper)

Sub-Sahara News

Original equipment manufacturers have intimate knowledge of many Eskom plants, but in some instances have been sidelined for alternative, often cheaper, service providers. (News24)

A United Nations agency urged global finance ministers to give poor countries debt repayment breaks, estimating the COVID-19 pandemic and subsequent surge in inflation and borrowing costs had pushed an extra 165 million people into poverty. (CNBC Africa)

Over 1,000 participants from the U.S. and across the African continent, including government officials, private sector executives, investors, and multilateral stakeholders, are meeting in Botswana’s capital city of Gaborone at the U.S.-Africa Business Summit to explore investment opportunities and strengthen business relationships between Africa and the U.S (AllAfrica News)

International News

Thursday’s Goldilocks blend of cooling U.S. inflation and a still toasty jobs market continues to cast a glow across markets, with stocks in Asia extending a rally while lower global yields spur a further unwinding of yen carry trades. (Reuters News)

European stocks fell in cautious trade on Friday amid concerns that higher interest rates may weigh on global economic growth. Disappointing economic data from Germany and U.K. also added to the gloomy mood. (RTT News)

The dark evening air was pierced by the sound of an M16 gunshot. Then another. And another. In total, 53 bullet casings were found by police outside the bamboo and thatched wood house of Emelda Fausto and her husband, Roly, where they were killed on June 14 along with their children Ben, 14, and Ravin, 11. (Aljazeera News)

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