NSX DAILY UPDATES (03 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 306,616.00 10,888,552.8599.02%
ETFs 396.00 107,445.480.98%
Total 307,012.00 10,995,998.33100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 10,888,552.85 worth of shares was traded on the NSX on Thursday with about N$ 2,198,046 worth of shares belonging to Anglo-American plc and N$24,780 worth of shares belonging to Mobile Telecommunications Limited. ETFs worth N$ 107,445.48 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed to shares belonging to Anglo-American resulting in a marginal increase in the company’s stock value of 0.8% at the closing.
  • Mobile Telecommunications Limited’s shares were traded by market participants, resulting in no change in share price at closing. 
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS37.2037.200.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP15.0115.010.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.953.94-0.25%
Namibia Asset ManagementNAM0.700.700.00%
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 plcANM526.44530.670.80%
B2Gold CorporationB2G62.1861.19-1.59%
Oceana Group LimitedOCG68.1569.662.22%
TruworthsTRW68.4869.341.26%
Nedbank Group LimitedNBK226.45224.93-0.67%
Standard Bank GroupSNB183.80182.44-0.74%
Shoprite Holdings SRH251.07251.060.00%
Firstrand LimitedFST70.7970.890.14%
Momentum Metropolitan HoldingsMMT18.3118.501.04%
Old Mutual LtdOMM12.7912.860.55%
Sanlam LimitedSLA64.5264.790.42%
Santam LimitedSNM295.03295.450.14%
Vukile Property Fund LimitedVKN13.4113.430.15%
Investec LimitedIVD111.59111.47-0.11%
PSG Konsult LimitedKFS13.9214.091.22%
Table 3: Dual Listed Trades

`

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD334.34337.340.90%
New Gold Palladium ETFNGNPLD220.94226.342.44%
New Gold Platinum ETF NNGNPLT164.69166.210.92%
Satrix S&P Namibia Bond ETF)SXNNAM19.4319.470.21%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.67
EUR/NAD20.45
GBP/NAD23.75
EUR/GBP0.86
EUR/USD1.09
GBP/USD1.27
AUD/USD0.65
USD/JPY142.37
Commodities @ 07:00 
Gold1,969.20
Silver23.52
Platinum921.40
Palladium1,248.53
WTI81.67
Brent85.19
Table 5: Exchange Rates and Commodities 

Local News

The Namibia Investment and Promotion Development Board (NIPDB) says due care was exercised by the government to negotiate a sound deal with green hydrogen firm, Hyphen Hydrogen Energy. (Sun Newspaper)

While acknowledging that the Namibia Press Agency finds itself between a rock and a hard place, a board member says they cannot fire the company’s CEO Linus Chata like the employees want, as this would breach his employment contract. (New Era Newspaper)

Chinese-owned Zhong Mei Engineering has taken the Namibia Revenue Agency (Namra) to the High Court seeking an order to set aside a decision that will see them pay N$33 million in outstanding taxes. (The Namibian Newspaper)

Sub-Sahara News

As the performance of a dysfunctional Durban port grows ever more dismal, much hope is pinned on Transnet’s new partnership with Filipino ports giant International Container Terminal Services. (News24)

West African defense chiefs were set to wrap up discussions about possible intervention in Niger on Friday, as mediators from the regional bloc push coup leaders in Niamey to restore constitutional order before an approaching deadline. (CNBC Africa)

The Western Cape government plans to seek a provincial state of disaster declaration from the National Disaster Management Centre following severe flooding in June, causing estimated unfunded damages exceeding R700 million. (AllAfrica News)

International News

Donald Trump pleaded not guilty on Thursday to charges he orchestrated a plot to try to overturn his 2020 election loss in what U.S. prosecutors call an unprecedented effort by the then-president to undermine the pillars of American democracy. (Reuters News)

European stocks traded mixed on Friday, with U.K. markets outperforming on the back of encouraging corporate earnings. German and French markets saw modest losses after a slew of strong U.S. economic data and the BOJ’s tweak to its yield curve. (RTT News)

After silencing Hong Kong’s pro-democracy movement, authorities in the territory have found a new target: the family members of dissidents who fled overseas. (Aljazeera News)

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