NSX DAILY UPDATE (15 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,026,724.00 39,859,461.9699.24%
ETFs 922.00 305,320.300.76%
Total 1,027,646.00 40,164,782.26100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 39,859,461.96 worth of shares was traded on the NSX on Thursday with about N$ 4,374,283 worth of shares belonging to Anglo-American plc and N$4,922 worth of shares belonging to Paratus Namibia Holdings Ltd on the home front. ETFs worth N$ 305,320.30 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold off belonging to Anglo-American as commodity prices decline, resulting in a slight decrease of 0.1% in the company’s stock value at closing
  • Market participants actively traded Paratus shares on the domestic market, resulting in a decline in share price by 0.31%
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.0036.000.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.0014.000.00%
First Rand NamibiaFNB41.0041.000.00%
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 LtdPNH12.7912.75-0.31%
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 plcANM602.20601.80-0.07%
B2Gold CorporationB2G68.9967.64-1.96%
Oceana Group LimitedOCG71.4473.252.53%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW56.9056.30-1.05%
Nedbank Group LimitedNBK228.35229.280.41%
Standard Bank GroupSNB173.33173.710.22%
Shoprite HoldingsSRH228.84228.66-0.08%
FirstRand LimitedFST68.5469.190.95%
Momentum Metropolitan HoldingsMMT18.4818.620.76%
Old Mutual LtdOMM12.0812.190.91%
Sanlam LimitedSLA59.4960.461.63%
Santam LimitedSNM292.00294.200.75%
Vukile Property Fund LimitedVKN13.2013.401.52%
Investec LimitedIVD110.60110.48-0.11%
PSG Konsult LimitedKFS12.6913.597.09%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD333.21334.320.33%
New Gold Palladium ETFNGNPLD247.88245.61-0.92%
New Gold Platinum ETF NNGNPLT171.92174.321.40%
Satrix S&P Namibia Bond ETF)SXNNAM18.9118.87-0.21%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.25
EUR/NAD19.96
GBP/NAD23.32
EUR/GBP0.85
EUR/USD1.09
GBP/USD1.27
AUD/USD0.68
USD/JPY140.60
Commodities @ 07:00 
Gold1,968.20
Silver23.98
Platinum991.40
Palladium1.396.78
WTI70.44
Brent75.47
Table 5: Exchange Rates and Commodities 

Local News

One of Namibia’s largest banks has allegedly indicated that it will withdraw its employees from its medical aid fund should a 10% increase in monthly contributions take effect on 1 July. (Sun Newspaper)

Employees of the Walvis Bay municipality expressed concern about the competence of their senior management, saying it is playing Russian roulette with the ratepayers’ money. (New Era Newspaper)

Health Minister Kalumbi Shangula says there is a massive shortage of medical specialists in the country, with one doctor per 1000 patients. (The Namibian Newspaper)

Sub-Sahara News

Following last year’s violent, unprotected strike which led to Stage 6 load shedding, this year’s Eskom wage negotiations reached an agreement as part of its bargaining forum. (News24)

Kenya’s finance minister on Thursday said the government will pay all debts when they fall due, and cut the budget deficit for the fiscal year starting next month to 4.4% from an estimated 5.8% in this financial year. (CNBC Africa)

Opposition parties raised concerns over the African National Congress’s (ANC) approval of the National Health Insurance (NHI) Bill, citing potential corruption and public health facilities’ general unreadiness. Health Minister Joe Phaahla praised the legislation, said: “This is one of the most revolutionary pieces of legislation presented to this house since the dawn of our democracy in 1994.” (AllAfrica News)

International News

A federal grand jury has indicted a U.S. Air National Guardsman accused of leaking top-secret military intelligence records online, the Justice Department said in a statement on Thursday. (Reuters News)

Asian stock markets are mostly higher on Friday, following the positive cues from Wall Street overnight, on easing concerns over the outlook for interest rates after a report showing initial jobless claims in the U.S. increased by much more than expected last week. (RTT News)

Reports of the widespread use of torture by Russian forces in Ukraine could indicate that the severe abuse of Ukrainian prisoners of war and civilians is “state-endorsed” by Moscow, a United Nations expert has said (Aljazeera News)

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