NSX DAILY UPDATES (05 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 64,661.00 4,620,616.7983.70%
ETFs 3,801.00 899,578.8416.30%
Total 68,462.00 5,520,195.63100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 4,620,616.79 worth of shares was traded on the NSX on Monday with about N$ 477,586 worth of shares belonging to Anglo-American plc and N$ 200,652 worth of shares belonging to Capricorn Group Limited on the home front. ETFs worth N$ 899,578.84 were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold off shares belonging to Anglo-American, resulting in a decrease of 1.9% in the company’s stock value.
  • Market participants actively traded Capricorn Group shares on the domestic market, resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS35.9935.990.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.0014.000.00%
First Rand NamibiaFNB41.0041.000.00%
Standard Bank NamibiaSNO7.007.000.00%
Oryx LimitedORY11.9711.970.00%
Letshego  LHN3.753.750.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7912.790.00%
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 plcANM589.77578.70-1.88%
B2Gold CorporationB2G73.8573.67-0.24%
Oceana Group LimitedOCG71.1572.501.90%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW48.7749.701.91%
Nedbank Group LimitedNBK207.51211.331.84%
Standard Bank GroupSNB155.17158.201.95%
Shoprite HoldingsSRH199.28200.830.78%
FirstRand LimitedFST61.5562.431.43%
Momentum Metropolitan HoldingsMMT16.9817.120.82%
Old Mutual LtdOMM11.1711.301.16%
Sanlam LimitedSLA53.8754.641.43%
Santam LimitedSNM272.41273.990.58%
Vukile Property Fund LimitedVKN12.7012.750.39%
Investec LimitedIVD105.67105.730.06%
PSG Konsult LimitedKFS11.7711.75-0.17%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD357.18350.80-1.79%
New Gold Palladium ETFNGNPLD268.79262.31-2.41%
New Gold Platinum ETF NNGNPLT189.45190.290.44%
New Funds S&P NAM BondNFNAMA18.3418.26-0.44%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.24
EUR/NAD20.63
GBP/NAD23.95
EUR/GBP0.86
EUR/USD1.07
GBP/USD1.24
AUD/USD0.66
USD/JPY139.32
Commodities @ 07:00 
Gold1,975.70
Silver23.66
Platinum1,038.25
Palladium1.415.78
WTI71.64
Brent76.25
Table 5: Exchange Rates and Commodities 

Local News

Andrada Mining Ltd’s shares commence trading today on the OTCQB to access US retail investors and to broaden the shareholder register. (Sun Newspaper)

The Namibia Financial Institutions Union (Nafinu), the largest trade union representing workers in the local financial sector, has come out guns blazing against Nedbank Namibia, accusing the bank of being the worst employer in the sector and not respecting local labor laws. (New Era Newspaper)

In the face of Namibia’s 300 000-unit housing backlog, the Ministry of Urban and Rural Development has failed to meet a target to deliver 5 000 homes annually. (The Namibian Newspaper)

Sub-Sahara News

Minister of Electricity Kgosientsho Ramokgopa says crime and corruption are at the heart of Eskom problems (News24)

The South African rand gained more than 1% against the dollar on Monday, despite an economic survey that showed business activity was at an almost two-year low. (CNBC Africa)

The agricultural sector is a significant contributor to global greenhouse gas emissions, responsible for an estimated 19-29 percent, according to the World Bank. This figure climbs to 40 percent of emissions produced throughout the entire agricultural value chain – encompassing transportation, storage, and processing – are considered. (AllAfrica News)

International News

Ukraine and Russia accused each other on Tuesday of blowing up a dam and causing widespread flooding in southern Ukraine, while Russia said it had thwarted another Ukrainian offensive in eastern Donetsk and inflicted heavy losses. (Reuters News)

Asian stocks ended mixed on Tuesday, as concerns China’s economic recovery is losing steam and signs of rising tensions between Washington and Beijing offset investor optimism over the agreement of a deal to raise the U.S. debt ceiling and avert default. (RTT News)

Officials from the United States had “candid and productive discussions” with Chinese diplomats in Beijing, the US Department of State has said, amid rising tensions between the two countries. (Aljazeera News)

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