NSX DAILY UPDATE (08 MAY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 52,581.00 4,116,879.3499.12%
ETFs 2,000.00 36,560.000.88%
Total 54,581.00 4,153,439.34100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 4,116,879.34 worth of shares was traded on the NSX on Monday, with about N$ 707,445 worth of shares belonging to Anglo-American plc and N$ 7,020 worth of shares belonging to Namibia Breweries trades occurred on the home front. ETFs worth N$ 36,560.00 were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were traded causing a slight increase in the company’s share price by 1.8%
  • Namibia Breweries’ shares exchanged hands with no change in share price at closing
  • Satrix S&P Namibia Bond ETF (prev. NewFunds S&P Namibia Bond ETF) was traded on the secondary market resulting in no change in price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS35.9936.000.03%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.7013.700.00%
First Rand NamibiaFNB38.0338.030.00%
Standard Bank NamibiaSNO7.987.990.13%
Oryx LimitedORY11.9911.990.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7912.790.00%
Mobile Telecommunication CompanyMOC7.067.060.00%
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 plcANM568.66579.001.82%
B2Gold CorporationB2G76.0075.75-0.33%
Oceana Group LimitedOCG65.5367.763.40%
Mediclinic International PlcMEP116.59115.00-1.36%
TruworthsTRW49.7151.603.80%
Nedbank Group LimitedNBK209.17210.120.45%
Standard Bank GroupSNB164.00163.74-0.16%
Shoprite HoldingsSRH213.32210.12-1.50%
FirstRand LimitedFST63.3463.480.22%
Momentum Metropolitan HoldingsMMT18.2318.280.27%
Old Mutual LtdOMM11.5211.630.95%
Sanlam LimitedSLA55.0855.230.27%
Santam LimitedSNM274.21270.00-1.54%
Vukile Property Fund LimitedVKN12.4012.29-0.89%
Investec LimitedIVD102.78103.270.48%
PSG Konsult LimitedKFS13.0213.00-0.15%

Table 3: Dual Listed Trades


Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD350.50345.17-1.52%
New Gold Palladium ETFNGNPLD253.38280.0810.54%
New Gold Platinum ETF NNGNPLT184.10191.153.83%
New Funds S&P NAM BondNFNAMA18.4218.420.00%

Table 4: ETFs


Exchange Rates @ 07:00 
USD/NAD18.34
EUR/NAD20.16
GBP/NAD23.14
EUR/GBP0.87
EUR/USD1.14
GBP/USD1.26
AUD/USD0.67
USD/JPY134.92
Commodities @ 07:00 
Gold2,033.55
Silver25.84
Platinum1,083.75
Palladium1,551.53
WTI72.69
Brent76.51

Table 5: Exchange Rates and Commodities 


Local News

The Ministry of Industrialisation and Trade partnered with the German Sparkassenstiftung for International Cooperation (DSIK) to deliver entrepreneurial training interventions for local Micro Small and Medium Enterprises (MSMEs). (Sun Newspaper)

President Hage Geingob has welcomed Heineken’s takeover of Namibia Breweries Limited (NBL), and has reminded the new controlling shareholders to focus on industrialization and employment creation. (New Era Newspaper)

The Namibian government has budgeted N$528 million for membership fees to international organizations for next year, up from N$259 million it will pay this year. (The Namibian Newspaper)

Sub-Sahara News

Activist shareholders want the coal miners to provide greater disclosure on their climate lobbying activities, but the companies say the matter need not go to a shareholder vote. (News24)

Australia-listed Invictus Energy (IVZ.AX) on Monday confirmed the presence of light oil, gas condensate and helium at its Cabora Bassa project in Zimbabwe, sending its shares up 8.7% (CNBC Africa)

There has been a tremendous increase in female ownership of individual enterprises in the past five years, showcasing the growth of women entrepreneurship in the country, a new report by Rwanda Development Board (RDB) indicates. (All Africa News)

International News

Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday. (Reuters)

Asian stocks ended Tuesday’s session on a mixed note, with weak manufacturing data from China and uncertainty over the U.S. debt ceiling keeping investors nervous.. (RTT News)

LinkedIn, the social media platform for professional connections, has announced plans to cut more than 700 jobs and close its app for those seeking jobs in China. (Aljazeera News)

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