NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 412,818 | 35,059,461 | 100.00% |
ETFs | – | – | 0.00% |
Total | 412,818 | 35,059,461 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 35,059,461 worth of shares was traded on the NSX on Wednesday with about N$ 15,655,212 worth of Anglo-American plc and N$ 67,584 worth of Mobile Telecommunications Limited on the home front. No ETFs were traded on Wednesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Shares in Anglo-American plc share price slump drastically as global markets sell-off resumes
- On the local NSX listing, shares belonging to Mobile Telecommunications Limited were yet again traded, however, there was no significant change in share price.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 40.00 | 40.00 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.30 | 13.30 | 0.00% |
First Rand Namibia | FNB | 30.50 | 30.50 | 0.00% |
Standard Bank Namibia | SNO | 4.25 | 4.25 | 0.00% |
Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
Letshego | LHN | 3.00 | 3.00 | 0.00% |
Namibia Asset Management | NAM | 0.70 | 0.70 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.90 | 12.90 | 0.00% |
Mobile Telecommunication Company | MOC | 8.00 | 8.00 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 520.78 | 527.52 | 1.29% |
B2Gold Corporation | B2G | 56.73 | 54.01 | -4.79% |
Oceana Group Limited | OCG | 46.50 | 47.20 | 1.51% |
Mediclinic International Plc | MEP | 87.50 | 87.41 | -0.10% |
Truworths | TRW | 49.40 | 49.09 | -0.63% |
Nedbank Group Limited | NBK | 203.50 | 203.63 | 0.06% |
Standard Bank Group | SNB | 148.75 | 148.97 | 0.15% |
Shoprite Holdings | SRH | 199.00 | 202.00 | 1.51% |
FirstRand Limited | FST | 61.29 | 61.62 | 0.54% |
Momentum Metropolitan Holdings | MMT | 14.19 | 13.91 | -1.97% |
Old Mutual Ltd | OMM | 10.80 | 10.75 | -0.46% |
Sanlam Limited | SLA | 51.38 | 50.86 | -1.01% |
Santam Limited | SNM | 248.58 | 246.89 | -0.68% |
Vukile Property Fund Limited | VKN | 12.49 | 12.92 | 3.44% |
Investec Limited | IVD | 81.71 | 84.12 | 2.95% |
PSG Konsult Limited | KFS | 11.32 | 11.03 | -2.56% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 273.98 | 274.79 | 0.30% |
New Gold Palladium ETF | NGNPLD | 309.78 | 315.77 | 1.93% |
New Gold Platinum ETF N | NGNPLT | 138.09 | 138.79 | 0.51% |
New Funds S&P NAM Bond | NFNAMA | 16.81 | 16.72 | -0.54% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 16.76 |
EUR/ZAR | 17.10 |
GBP/ZAR | 20.03 |
EUR/GBP | 0.85 |
EUR/USD | 1.02 |
GBP/USD | 1.19 |
AUD/USD | 0.68 |
USD/JPY | 135.74 |
Commodities | |
Gold | 1,744.94 |
Silver | 19.29 |
Platinum | 850.00 |
Palladium | 1,908.00 |
WTI | 99.16 |
Brent | 101.31 |
Table 5: Exchange Rates and Commodities
Local News
Namibian small and mid-sized enterprises (SMEs) are increasingly looking to grow their businesses internationally and access new markets to mitigate the effects of a global economic slowdown. (Namibian Sun)
Specific initiatives being investigated between Namibia and Germany include whether NamPower could off-take cheap clean dispatchable electricity from the first green hydrogen project to satisfy domestic needs and possibly in the future even on-sell excess electricity into the Southern African Power Pool (SAPP). (New Era Newspaper)
The Namibia Revenue Agency (Namra) has started paying provisional taxpayers’ refunds again, but no tax was received between 2018 and 2022. (The Namibian)
Sub-Sahara News
Brian Molefe, the former CEO of Eskom, has been directed to pay back just under R10 million, plus interest, to the power utility’s pension fund. (New s24)
The secretary-general of oil producers group OPEC, Mohammad Barkindo, has died, the boss of Nigerian National Petroleum Corp (NNPC) announced on Wednesday. (CNBC Africa)
Former Angolan President José Eduardo dos Santos is in critical condition after being hospitalized in Spain, RFI reports. His daughter Tchizé dos Santos filed a complaint on Tuesday, July 5 with the Catalan regional police for attempted homicide against her father. (All Africa News)
International News
Former Russian President Dmitry Medvedev said attempts by the West to punish a nuclear power such as Russia for the war in Ukraine risked endangering humanity, as the nearly five-month conflict leaves cities in ruins and thousands homeless. (Reuters)
European stocks may open on a tepid note Thursday as hawkish comments from central bank chiefs stoked recession fears. (RTT News)
British Prime Minister Boris Johnson has told MPs he would “keep going” despite a growing list of Conservative ministers and other officials resigning in protest over his handling of the case of a senior official accused of sexual misconduct. (Aljazeera News)