NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 805,722.00 | 39,373,317.97 | 99.67% |
ETFs | 485.00 | 129,210.44 | 0.33% |
Total | 806,207.00 | 39,502,528.41 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 39,373,317.97 worth of shares was traded on the NSX on Tuesday with about N$ 2,792,542 worth of shares belonging to Anglo-American plc and N$660,302 worth of shares belonging to Namibia Breweries. ETFs worth N$ 129,210.44 were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold shares belonging to Anglo-American resulting in a decrease in the company’s stock value by 1.1% at closing.
- Namibia Breweries shares were traded by market participants, resulting in a slight decline in share price by 0.03% at closing
- New Gold Platinum ETF N and New Gold Issuer Ltd NM positions were traded on the market with inverse changes in price
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 32.00 | 31.99 | -0.03% |
Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
Capricorn | CGP | 16.50 | 16.50 | 0.00% |
First Rand Namibia | FNB | 50.00 | 50.00 | 0.00% |
Standard Bank Namibia | SNO | 7.59 | 7.60 | 0.13% |
Oryx Limited | ORY | 12.47 | 12.45 | -0.16% |
Letshego | LHN | 3.90 | 3.90 | 0.00% |
Namibia Asset Management | NAME | 0.70 | 0.70 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.72 | 12.72 | 0.00% |
Mobile Telecommunication Company | MOC | 7.18 | 7.18 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 8.99 | 8.99 | 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 | 481.80 | 476.59 | -1.08% |
B2Gold Corporation | B2G | 61.14 | 61.03 | -0.18% |
Oceana Group Limited | OCG | 68.50 | 69.20 | 1.02% |
Truworths | TRW | 73.15 | 75.50 | 3.21% |
Nedbank Group Limited | NBK | 197.38 | 200.57 | 1.62% |
Standard Bank Group | SNB | 183.48 | 182.89 | -0.32% |
Shoprite Holdings | SRH | 241.68 | 238.83 | -1.18% |
Firstrand Limited | FST | 61.19 | 61.44 | 0.41% |
Momentum Metropolitan Holdings | MMT | 20.67 | 20.97 | 1.45% |
Old Mutual Ltd | OMM | 11.78 | 11.85 | 0.59% |
Sanlam Limited | SLA | 65.15 | 65.37 | 0.34% |
Santam Limited | SNM | 268.25 | 273.09 | 1.80% |
Vukile Property Fund Limited | VKN | 12.08 | 12.43 | 2.90% |
Investec Limited | IVD | 101.28 | 101.97 | 0.68% |
PSG Konsult Limited | KFS | 14.03 | 14.46 | 3.06% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 348.95 | 347.88 | -0.31% |
New Gold Palladium ETF | NGNPLD | 203.53 | 203.60 | 0.03% |
New Gold Platinum ETF N | NGNPLT | 165.87 | 168.87 | 1.81% |
Satrix S&P Namibia Bond ETF) | SXNNAM | 19.80 | 19.80 | 0.00% |
Table 4: ETFs
Exchange Rates @ 07:00 | |
USD/NAD | 18.69 |
EUR/NAD | 19.75 |
GBP/NAD | 22.69 |
EUR/GBP | 0.87 |
EUR/USD | 1.05 |
GBP/USD | 1.21 |
AUD/USD | 0.63 |
USD/JPY | 151.33 |
Commodities @ 07:00 | |
Gold | 1,987.35 |
Silver | 22.72 |
Platinum | 937.30 |
Palladium | 1,126.53 |
WTI | 81.05 |
Brent | 85.17 |
Table 5: Exchange Rates and Commodities
Local News
Overall expenditure for the financial year 2022/2023 has been revised upwards from the N$86.4 billion initially projected in February to N$89 billion… (Sun Newspaper)
The Development Bank of Namibia (DBN) recorded a loss of N$270 million during the 2022/23 financial year, compared to N$185 million the previous year… (New Era Newspaper)
Works and Transport Minister John Mutorwa on Tuesday officially opened the Rundu Annual Trade Fair 2023… (The Namibian Newspaper)
Sub-Sahara News
“The disgraced ex-Steinhoff head has still not paid the R15 million fine the JSE imposed on him for releasing false and misleading financial statements and creating a sham R376 million invoices… (News24)
U.S. President Joe Biden said on Monday that he intends to end the participation of Gabon, Niger, Uganda and the Central African Republic in the African Growth and Opportunity Act (AGOA) trade program… (CNBC Africa)
Infectious diseases continue to be the major causes of death in Africa. The burden of existing, emerging, and re-emerging diseases like malaria, tuberculosis, HIV/AIDS, cholera, schistosomiasis, lymphatic filariasis, sleeping sickness, Ebola and SARS continues to grow… (AllAfrica News)
International News
Israeli airstrikes hit a densely populated refugee camp in the Gaza Strip, killing at least 50 Palestinians and a Hamas commander, and medics struggled to treat the casualties in the enclave where food, fuel and basic supplies are running scarce… (Reuters News)
European stocks may open higher on Wednesday, even as the upside may remain capped ahead of the Federal Reserve’s rate decision later in the day… (RTT News)
Humanitarian groups have condemned Israel’s attack on Jabalia refugee camp, saying the air raid should be a “wake-up call” to world leaders to secure a ceasefire in Gaza… (Aljazeera News)