NSX DAILY UPDATE (09 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 912,802.00 35,235,362.82100.00%
ETFs –   –  0.00%
Total 912,802.00 35,235,362.82100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 35,235,362.82 worth of shares was traded on the NSX on Friday with about N$ 2,907,573 worth of shares belonging to Shoprite Holdings and N$ 893,239 worth of shares belonging to FirstRand Namibia Ltd on the home front. No ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Shoprite Holdings, resulting in a decline of 4.5% in the company’s stock value.
  • Market participants actively traded FirstRand Namibia shares on the domestic market, resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS35.9935.990.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.0014.000.00%
First Rand NamibiaFNB41.0141.010.00%
Standard Bank NamibiaSNO7.007.000.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7912.790.00%
Mobile Telecommunication CompanyMOC7.087.080.00%
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 plcANM583.85577.98-1.01%
B2Gold CorporationB2G71.5471.990.63%
Oceana Group LimitedOCG72.7972.09-0.96%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW52.6054.603.80%
Nedbank Group LimitedNBK220.37223.081.23%
Standard Bank GroupSNB165.25171.954.05%
Shoprite HoldingsSRH214.52224.284.55%
FirstRand LimitedFST65.8668.043.31%
Momentum Metropolitan HoldingsMMT17.9518.070.67%
Old Mutual LtdOMM11.7011.770.60%
Sanlam LimitedSLA57.8059.082.21%
Santam LimitedSNM292.97296.271.13%
Vukile Property Fund LimitedVKN12.7012.800.79%
Investec LimitedIVD107.84109.931.94%
PSG Konsult LimitedKFS12.4712.490.16%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD345.25342.17-0.89%
New Gold Palladium ETFNGNPLD252.04238.25-5.47%
New Gold Platinum ETF NNGNPLT184.50182.06-1.32%
New Funds S&P NAM BondNFNAMA18.6018.700.54%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.72
EUR/NAD20.13
GBP/NAD23.54
EUR/GBP0.85
EUR/USD1.07
GBP/USD1.25
AUD/USD0.67
USD/JPY139.48
Commodities @ 07:00 
Gold1,975.90
Silver24.39
Platinum1,013.20
Palladium1.316.00
WTI70.35
Brent75.04
Table 5: Exchange Rates and Commodities 

Local News

Former Air Namibia employees submitted a petition to the Ministry of Justice, demanding full payment of severance claims agreed to under oath during their involuntary termination following the company’s liquidation. (Sun Newspaper)

Secretive defense company August 26 Holdings, which has strenuously and consistently refused to account for public funds, is once again in the red, this time over the alleged disappearance of around N$3 million. Although details around the embezzlement remain sketchy (New Era Newspaper)

Swapo vice president Netumbo Nandi-Ndaitwah says the party members should respect their leaders, including those who contested for the top position but did not make it. (The Namibian Newspaper)

Sub-Sahara News

Eskom’s chairman, Mpho Makwana, says blackouts have eased in recent weeks because of the change in the power utility’s management structure. (News24)

Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities, and other necessities. (CNBC Africa)

Top EU figures are to meet with the Tunisian president to discuss a rise in attempted migration to Europe. But Kais Saied says his economically stricken country won’t act as a “border guard” for the bloc. (AllAfrica News)

International News

Former U.S. President Donald Trump has become the most high-profile person to ever face criminal charges under the Espionage Act for the unlawful retention of sensitive national defense records. (Reuters News)

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as traders react positively to the resolution of the U.S. debt ceiling crisis after it was signed into law by US President Joe Biden (RTT News)

Iran’s supreme leader, Ayatollah Ali Khamenei, has said claims that Tehran may pursue a nuclear weapon are a false “excuse” that untrustworthy international stakeholders use. (Aljazeera News)

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