NSX DAILY UPDATE (04 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 720,054.00 39,897,252.0897.42%
ETFs 30,839.00 1,056,835.722.58%
Total 750,893.00 40,954,087.80100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 39,897,252.08 worth of shares was traded on the NSX on Tuesday with about N$ 1,313,051 value of shares belonging to Anglo-American plc and N$ 144,625 worth of shares belonging to SBN Holdings Ltd on the domestic market. Additionally, ETFs worth N$ 1,056,835.72 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Anglo-American declined, as Chinese industrial profits data disappointed, resulting in a decline of 0.5% in the company’s stock value at closing
  • SBN Holdings’ shares were traded by market participants with 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 NamibiaFNB50.3950.390.00%
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 plcANM554.10551.19-0.53%
B2Gold CorporationB2G71.3666.67-6.57%
Oceana Group LimitedOCG71.3671.560.28%
TruworthsTRW56.8656.41-0.79%
Nedbank Group LimitedNBK227.74228.970.54%
Standard Bank GroupSNB177.00178.821.03%
Shoprite Holdings SRH226.23226.780.24%
Firstrand LimitedFST68.6469.200.82%
Momentum Metropolitan HoldingsMMT18.1318.150.11%
Old Mutual LtdOMM12.1012.190.74%
Sanlam LimitedSLA58.3559.291.61%
Santam LimitedSNM292.25290.12-0.73%
Vukile Property Fund LimitedVKN12.4812.600.96%
Investec LimitedIVD107.35106.58-0.72%
PSG Konsult LimitedKFS13.3513.33-0.15%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD336.35334.80-0.46%
New Gold Palladium ETFNGNPLD226.62225.51-0.49%
New Gold Platinum ETF NNGNPLT164.79165.610.50%
Satrix S&P Namibia Bond ETF)SXNNAM19.1319.11-0.10%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.70
EUR/NAD20.34
GBP/NAD23.75
EUR/GBP0.85
EUR/USD1.08
GBP/USD1.27
AUD/USD0.66
USD/JPY144.61
Commodities @ 07:00 
Gold1,931.30
Silver23.11
Platinum922.55
Palladium1,232.28
WTI71.77
Brent75.94

Table 5: Exchange Rates and Commodities 

Local News

Former NUST council chairperson Florette Nakusera says governance issues are threatening the stability of the country’s second-biggest tertiary institution, especially fights between council members and management. (Sun Newspaper)

Outgoing Government Institutions’ Pension Fund CEO David Nuyoma has boasted about leaving the fund in a brilliant state, saying its asset-base increased from N$58 billion to over N$157 billion under his reign. (New Era Newspaper)

Namibian diamonds are increasingly coming under threat from synthetic diamonds which have competed with real diamonds for market share for decades. (The Namibian Newspaper)

Sub-Sahara News

South African Reserve Bank Governor Lesetja Kganyago said the fight to tame rising prices was delivering results and the central bank will stick to its task to get them under control (News24)

The world’s major central banks delivered in June the biggest number of monthly interest rate hikes year-to-date, surprising markets and flagging more tightening ahead as policymakers grapple to get the upper hand in their battle against inflation. (CNBC Africa)

A newly published Demographic and Health Survey (DHS) has reported Kenya’s population of severely stunted children at 4.2 percent marking an almost 50 percent reduction compared to 8.1 percent in 2014. (AllAfrica News)

International News

China’s export controls on metals used in making semiconductors are “just a start”, an influential trade policy adviser said on Wednesday, as it ramps up a tech fight with the U.S. days before U.S. treasury Secretary Janet Yellen visits Beijing. (Reuters News)

European stocks advanced on Wednesday as a slew of upbeat U.S. economic data released overnight soothed concerns about an economic downturn. (RTT News)

The Japanese government could start releasing treated but still radioactive water from the ruined Fukushima Daiichi nuclear power station into the Pacific Ocean as soon as next month after the United Nations nuclear watchdog gave the controversial plan the green light following a two-year review. (Aljazeera News)

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