NSX DAILY UPDATE(29 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,398,201.00 85,000,458.64100.00%
ETFs –   –  0.00%
Total 1,398,201.00 85,000,458.64100.00%

Table 1: NSX Trades

NSX Activities

A total of N$85,000,458.64 worth of shares was traded on the NSX on Thursday with about N$ 6,574,354 value of shares belonging to Anglo-American plc and N$ 63,375 value of shares belonging FirstRand Namibia Ltd on the home front. No ETFs were traded on Thursday.

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Anglo-American recovers slightly as market participants halt selling off the share, resulting in a slight increase of 0.7% in the company’s stock value at closing
  • FirstRand Namibia share price on the domestic market soared by 3%, as the buyback program takes effect reaching in all-time highs.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.3036.300.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.5014.500.00%
First Rand NamibiaFNB47.5148.932.99%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.903.900.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
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 plcANM525.08528.950.74%
B2Gold CorporationB2G64.9364.30-0.97%
Oceana Group LimitedOCG68.4670.012.26%
TruworthsTRW55.4555.840.70%
Nedbank Group LimitedNBK223.04225.511.11%
Standard Bank GroupSNB174.00173.76-0.14%
Shoprite Holdings SRH223.17224.000.37%
Firstrand LimitedFST67.5067.46-0.06%
Momentum Metropolitan HoldingsMMT17.7817.870.51%
Old Mutual LtdOMM11.8611.950.76%
Sanlam LimitedSLA57.5057.710.37%
Santam LimitedSNM288.60289.930.46%
Vukile Property Fund LimitedVKN12.3312.26-0.57%
Investec LimitedIVD102.94103.490.53%
PSG Konsult LimitedKFS12.5712.902.63%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD332.89334.770.56%
New Gold Palladium ETFNGNPLD222.13224.070.87%
New Gold Platinum ETF NNGNPLT163.86162.00-1.14%
Satrix S&P Namibia Bond ETF)SXNNAM19.3519.450.52%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.74
EUR/NAD20.37
GBP/NAD23.65
EUR/GBP0.86
EUR/USD1.08
GBP/USD1.26
AUD/USD0.66
USD/JPY144.72
Commodities @ 07:00 
Gold1,912.35
Silver22.51
Platinum906.55
Palladium1,242.28
WTI69.88
Brent74.61

Table 5: Exchange Rates and Commodities 

Local News

Hyphen Hydrogen Energy (Hyphen), Namibia’s partner in its quest to develop its green hydrogen project, says the country is well-positioned to successfully execute the mega-project, which is seen as an integral part of the world’s decarbonization efforts. (Sun Newspaper)

Despite the government spending N$600 million to support the Meat Corporation of Namibia (Meatco) and abattoirs in the north over the past three years, only N$32 million has in fact ended up in the pockets north of the redline. (New Era Newspaper)

The Electoral Commission of Namibia (ECN) has confirmed that 115 of the 117 laptops stolen from its head office in Windhoek are still missing (The Namibian Newspaper)

Sub-Sahara News

Influential think tank Chatham House says that SA should overcome its fears about NHI, which could be a remarkable success. (News24)

Ethiopia, one of Africa’s fastest-growing economies, has asked to join the BRICS bloc of emerging markets, the foreign ministry said on Thursday. (CNBC Africa)

At least 26 Ugandans have filed a lawsuit against French oil firm TotalEnergies in Paris, France, seeking compensation for alleged human rights abuses at the company’s huge megaprojects there. (AllAfrica News)

International News

When liberal Justice Ketanji Brown Jackson became the first Black woman to join the U.S. Supreme Court, she was expected to bring a different view on racial matters than Justice Clarence Thomas, its only other Black member, and a staunch conservative. (Reuters News)

European stocks were subdued on Friday as investors react to mixed economic data from the region. Eurozone bond yields dropped after preliminary data revealed business activity growth in Europe slowed in June. (RTT News)

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on a $3bn standby arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2022
This is the right footer