NSX DAILY UPDATES (27 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 21,363.00 2,679,116.80100.00%
ETFs –   –  0.00%
Total 21,363.00 2,679,116.80100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 2,679,116.80 worth of shares was traded on the NSX on Thursday with about N$ 189,721 worth of shares belonging to Shoprite Holdings and N$ 25,000 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Thursday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Shoprite following the 52-week earnings release, resulting in the company’s stock value experienced an increase of 0.6% at the 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%
CapricornCGP15.0014.99-0.07%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.953.950.00%
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 plcANM562.21557.00-0.93%
B2Gold CorporationB2G64.3164.12-0.30%
Oceana Group LimitedOCG68.3768.430.09%
TruworthsTRW66.0568.934.36%
Nedbank Group LimitedNBK231.40236.001.99%
Standard Bank GroupSNB188.22192.122.07%
Shoprite Holdings SRH252.36253.850.59%
Firstrand LimitedFST71.5872.331.05%
Momentum Metropolitan HoldingsMMT18.5418.831.56%
Old Mutual LtdOMM12.7012.851.18%
Sanlam LimitedSLA64.2265.942.68%
Santam LimitedSNM298.50297.65-0.28%
Vukile Property Fund LimitedVKN13.0213.171.15%
Investec LimitedIVD110.75113.752.71%
PSG Konsult LimitedKFS14.3114.501.33%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD323.87320.82-0.94%
New Gold Palladium ETFNGNPLD213.69210.37-1.55%
New Gold Platinum ETF NNGNPLT163.49160.18-2.02%
Satrix S&P Namibia Bond ETF)SXNNAM19.4219.520.51%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD17.79
EUR/NAD19.53
GBP/NAD22.76
EUR/GBP0.85
EUR/USD1.09
GBP/USD1.27
AUD/USD0.66
USD/JPY139.02
Commodities @ 07:00 
Gold1,950.15
Silver24.35
Platinum947.80
Palladium1,232.28
WTI79.91
Brent83.56
Table 5: Exchange Rates and Commodities

Local News

Shaking in its boots, a Chinese construction company has approached the High Court seeking a reversal of N$33 million from the Namibia Revenue Agency (NamRA). (Sun Newspaper)

The Anti-Corruption Commission has come under renewed scrutiny after seemingly clearing two prominent public figures of maleficence recently. (New Era Newspaper)

Namibia is a free state, therefore, there is no need for Namibians to flee to the United Kingdom, international relations executive director Penda Naanda says. (The Namibian Newspaper)

Sub-Sahara News

Port of Rotterdam and Koninklijke Vopak have been asked to submit construction and funding plans for a R50-billion port and associated rail links to ship commodities including hydrogen and its derivatives from northwest South Africa, people familiar with the talks said. (News24)

Representatives from various African and Caribbean entities joined forces at a historic event this week in the capital of Barbados, Bridgetown, to demand reparations for slavery and its legacy in today’s society. (CNBC Africa)

“Global food systems are broken – and billions of people are paying the price,” according to UN Secretary-General António Guterres. (AllAfrica News)

International News

The Bank of Japan made its yield curve control policy more flexible and loosened its defense of a long-term interest rate cap on Friday, in moves seen by investors as a prelude to an eventual shift away from massive monetary stimulus. (Reuters News)

Asian stocks ended on a muted note Friday as fresh U.S. labor market data spurred concerns that the Federal Reserve will keep interest rates higher for longer to rein inflation. (RTT News)

The situation in Niger “remains fluid” a day after mutinous soldiers detained toppled President Mohamed Bazoum and announced they had seized power in a coup because of the West African country’s deteriorating security situation. (Aljazeera News)

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