NSX DAILY UPDATE (03 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 7,204,852.00 345,477,750.13100.00%
ETFs –   –  0.00%
Total 7,204,852.00 345,477,750.13100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 345,477,750.13 worth of shares was traded on the NSX on Monday with about N$ 23,154,213 value of shares belonging to Anglo-American plc. No trades on the domestic market and ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Anglo-American recovers slightly, as the stock market rally slowly starts to morph into commodities, resulting in an increase of 3.1% in the company’s stock value 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 NamibiaFNB50.3950.390.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.0011.000.00%
Letshego  LHN3.903.900.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
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 plcANM537.22554.103.14%
B2Gold CorporationB2G65.5271.368.91%
Oceana Group LimitedOCG70.5071.361.22%
TruworthsTRW56.6056.860.46%
Nedbank Group LimitedNBK228.58227.74-0.37%
Standard Bank GroupSNB177.55177.00-0.31%
Shoprite Holdings SRH225.60226.230.28%
Firstrand LimitedFST68.5068.640.20%
Momentum Metropolitan HoldingsMMT18.0618.130.39%
Old Mutual LtdOMM12.1212.10-0.17%
Sanlam LimitedSLA58.3558.350.00%
Santam LimitedSNM289.00292.251.12%
Vukile Property Fund LimitedVKN12.5412.48-0.48%
Investec LimitedIVD106.02107.351.25%
PSG Konsult LimitedKFS13.2013.351.14%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD336.54336.35-0.06%
New Gold Palladium ETFNGNPLD226.19226.620.19%
New Gold Platinum ETF NNGNPLT164.08164.790.43%
Satrix S&P Namibia Bond ETF)SXNNAM19.1319.130.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.76
EUR/NAD20.46
GBP/NAD23.81
EUR/GBP0.85
EUR/USD1.09
GBP/USD1.26
AUD/USD0.66
USD/JPY144.61
Commodities @ 07:00 
Gold1,930.40
Silver23.12
Platinum920.50
Palladium1,248.53
WTI70.27
Brent75.11

Table 5: Exchange Rates and Commodities 

Local News

Mines Minister Tom Alweendo yesterday morning announced the new members of the Diamond Board of Namibia. (Sun Newspaper)

The Ministry of Mines and Energy has announced that fuel prices will remain unchanged for the month of July. (New Era Newspaper)

As Botswana and the De Beers Group reached a mutually beneficial 50/50 diamond deal, the Namibian Government is preparing for a possible change in its collaboration with the diamond company. (The Namibian Newspaper)

Sub-Sahara News

SA’s largest food producer, Tiger Brands, has welcomed a high court ruling against a transport company that allegedly swindled it out of R121 million over five years by submitting around 60 fake invoices. (News24)

Mozambique’s blockbuster lawsuit against Credit Suisse UBSG.S and others over the $2 billion “tuna bond” scandal can proceed to trial, a London judge ruled on Monday, despite complaints that the African nation has failed to fully disclose documents. (CNBC Africa)

Media reports have revealed how people-smuggling gangs are using the Thursday, June 29, decision by the United Kingdom’s Court of Appeal which, among others, ruled that Rwanda is not a safe destination for asylum seekers and refugees. (AllAfrica News)

International News

Israeli forces hit the city of Jenin with drone strikes on Monday in one of the biggest West Bank operations in 20 years, killing at least eight Palestinians and involving hundreds of troops in sporadic gun battles that continued into the evening. (Reuters News)

Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, with traders remaining cautious amid concerns about tighter monetary policies and the impact of higher rates on economic growth, (RTT News)

China has announced it will restrict exports of rare metals used to manufacture semiconductors due to national security concerns. (Aljazeera News)

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