NSX DAILY UPDATES (04 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 478,921.00 15,447,808.34100.00%
ETFs –   –  0.00%
Total 478,921.00 15,447,808.34100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 15,447,808.34 worth of shares was traded on the NSX on Friday with about N$ 2,551,758 worth of shares belonging to Shoprite Holdings and N$ 63,840 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed to shares belonging to Shoprite Holdings resulting in a 0.5% increase in the company’s stock value at the closing.
  • FirstRand Namibia’s shares were sold off by market participants, resulting in a decline of 4.0% 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 NamibiaFNB50.0048.00-4.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.943.940.00%
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 plcANM530.67525.65-0.95%
B2Gold CorporationB2G61.1959.84-2.21%
Oceana Group LimitedOCG69.6668.71-1.36%
TruworthsTRW69.3470.341.44%
Nedbank Group LimitedNBK224.93228.201.45%
Standard Bank GroupSNB182.44192.835.70%
Shoprite Holdings SRH251.06252.420.54%
Firstrand LimitedFST70.8971.490.85%
Momentum Metropolitan HoldingsMMT18.5018.942.38%
Old Mutual LtdOMM12.8613.071.63%
Sanlam LimitedSLA64.7966.332.38%
Santam LimitedSNM295.45295.970.18%
Vukile Property Fund LimitedVKN13.4313.36-0.52%
Investec LimitedIVD111.47111.950.43%
PSG Konsult LimitedKFS14.0913.99-0.71%
Table 3: Dual Listed Trades
Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD337.34332.89-1.32%
New Gold Palladium ETFNGNPLD226.34224.25-0.92%
New Gold Platinum ETF NNGNPLT166.21163.42-1.68%
Satrix S&P Namibia Bond ETF)SXNNAM19.4719.610.72%
Table 4: ETFs
Exchange Rates @ 07:00 
USD/NAD18.48
EUR/NAD20.29
GBP/NAD23.51
EUR/GBP0.86
EUR/USD1.09
GBP/USD1.27
AUD/USD0.65
USD/JPY142.20
Commodities @ 07:00 
Gold1,970.70
Silver23.52
Platinum929.70
Palladium1,260.50
WTI82.70
Brent86.11
Table 5: Exchange Rates and Commodities 

Local News

The government is almost guaranteed to pay for its own participation in the first two stages of the project – the feasibility and financial close phases. (Sun Newspaper)

The Nyeka Yepumba Farmers Association on Monday inaugurated its new office at Etunda in the Onesi constituency. (New Era Newspaper)

The Ministry of Urban and Rural Development has allocated N$10 million to the Shack Dwellers Federation of Namibia to curb the effects of the housing shortage in the country. (The Namibian Newspaper)

Sub-Sahara News

The government is again facing a financial squeeze as low growth, falling revenue and high borrowing costs stack up against it. (News24)

Developing nations will need more than $1 trillion each year to make significant progress in climate transition, according to Mari Pangestu, a former World Bank official. (CNBC Africa)

Former Eskom CEO Andre de Ruyter has secured a new position at Yale University in the U.S., following his departure from the troubled power utility. (SABC News)

International News

Both countries have stepped up attacks on each other’s troops, weaponry, and infrastructure supporting the war as Ukraine seeks to dislodge Russian forces who have dug in across southern and eastern Ukraine. (Reuters News)

European stocks were flat to slightly higher on Monday after China’s State Council announced further measures to bolster consumption and economic growth. (RTT News)

Yeye Issoufou has joined pro-coup demonstrations in Niger three times since members of the presidential guards seized power in the West African country on July 26. (Aljazeera News)

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