NSX DAILY UPDATE (14 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 4,969,579.00 178,315,889.08100.00%
ETFs –   –  0.00%
Total 4,969,579.00 178,315,889.08100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 178,315,889.08 worth of shares was traded on the NSX on Friday with about N$ 504,067 worth of shares belonging to Anglo-American plc and N$ 13,080,470 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Anglo-American were sold-off by market participants as China’s weak economic data deteriorates commodity prices, resulting in a decline of 0.5% in the company’s stock value at closing
  • FirstRand Namibia’s shares were dumped by market participants, resulting in a decline of 0.8% 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%
CapricornCGP14.6514.700.34%
First Rand NamibiaFNB50.4050.00-0.79%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.853.850.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.507.500.00%
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 plcANM559.80557.25-0.46%
B2Gold CorporationB2G68.7267.74-1.43%
Oceana Group LimitedOCG69.2568.37-1.27%
TruworthsTRW59.9859.990.02%
Nedbank Group LimitedNBK224.61223.11-0.67%
Standard Bank GroupSNB183.63183.57-0.03%
Shoprite Holdings SRH238.60238.04-0.23%
Firstrand LimitedFST69.8469.860.03%
Momentum Metropolitan HoldingsMMT18.4918.570.43%
Old Mutual LtdOMM12.4912.530.32%
Sanlam LimitedSLA62.9063.100.32%
Santam LimitedSNM290.00287.84-0.74%
Vukile Property Fund LimitedVKN12.0712.090.17%
Investec LimitedIVD107.23108.411.10%
PSG Konsult LimitedKFS13.5113.620.81%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD327.30330.380.94%
New Gold Palladium ETFNGNPLD223.44221.01-1.09%
New Gold Platinum ETF NNGNPLT168.05169.891.09%
Satrix S&P Namibia Bond ETF)SXNNAM19.0719.070.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.08
EUR/NAD20.31
GBP/NAD23.65
EUR/GBP0.85
EUR/USD1.12
GBP/USD1.30
AUD/USD0.68
USD/JPY138.45
Commodities @ 07:00 
Gold1,957
Silver25.01
Platinum975.00
Palladium1,256.78
WTI74.25
Brent88.75

Table 5: Exchange Rates and Commodities 

Local News

Parliament is among key state institutions claiming to be in the dark about the biggest investment in the country’s history. (Sun Newspaper)

Parliamentarian Henny Seibeb has accused ministers of turning parastatals into cash cows to foot their globetrotting desires through subsistence and travel allowances. (New Era Newspaper)

In an attempt to preserve jobs and maintain effective refuse management, the Swakopmund municipal council recently agreed to the continuation of an agreement with waste management company Rent-a-Drum. (The Namibian Newspaper)

Sub-Sahara News

Richemont reported higher first-quarter sales as a rebound in China outweighed a decline in the Americas. (News24)

Sub-Saharan Africa’s gaming industry is expected to generate over $1 billion for the first time in 2024. (CNBC Africa)

The 194 Member States of the World Health Organization (WHO) are currently negotiating the first pandemic accord (AllAfrica News)

International News

China’s economy grew at a frail pace in the second quarter as demand weakens at home and abroad, with the post-COVID momentum faltering rapidly and raising pressure on policymakers to deliver more stimulus to shore up activity. (Reuters News)

Asian stocks ended Monday’s session on a mixed note after data showed China’s economy teetered on the brink of deflation in June, adding to the case for policymakers to launch more stimulus to boost growth. (RTT News)

A United Nations and Turkey-brokered pact that allowed the export of Ukrainian grain via the Black Sea is set to expire on Monday if Russia does not agree to extend it. (Aljazeera News)

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