NSX DAILY UPDATES (06 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,299,564.00 39,028,613.87100.00%
ETFs –   –  0.00%
Total 1,299,564.00 39,028,613.87100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 39,028,613.87 worth of shares was traded on the NSX on Thursday with about N$ 5,034,180 worth of shares belonging to Anglo-American plc and N$ 45,430 worth of shares belonging to Letshego Holdings Ltd on the domestic market. Additionally, No ETFs were traded on Thursday.

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Anglo-American continuously declined, as Chinese industrial profits data disappointed, resulting in a decline of 3.9% in the company’s stock value at closing
  • Letshego Holdings’ shares were traded by market participants with a slight decline in share price by 2.5% at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.8036.800.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.6514.650.00%
First Rand NamibiaFNB50.4050.400.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.0011.000.00%
Letshego  LHN3.953.85-2.53%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.087.090.14%
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 plcANM543.00522.00-3.87%
B2Gold CorporationB2G67.1366.32-1.21%
Oceana Group LimitedOCG71.6071.26-0.47%
TruworthsTRW56.7555.73-1.80%
Nedbank Group LimitedNBK226.56221.78-2.11%
Standard Bank GroupSNB178.36175.93-1.36%
Shoprite Holdings SRH225.23221.11-1.83%
Firstrand LimitedFST68.7567.77-1.43%
Momentum Metropolitan HoldingsMMT18.1217.76-1.99%
Old Mutual LtdOMM12.2011.95-2.05%
Sanlam LimitedSLA59.9959.12-1.45%
Santam LimitedSNM290.50287.99-0.86%
Vukile Property Fund LimitedVKN12.4912.10-3.12%
Investec LimitedIVD105.89103.38-2.37%
PSG Konsult LimitedKFS13.2113.411.51%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD336.32338.680.70%
New Gold Palladium ETFNGNPLD227.34226.96-0.17%
New Gold Platinum ETF NNGNPLT165.10164.98-0.07%
Satrix S&P Namibia Bond ETF)SXNNAM19.1319.02-0.58%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.08
EUR/NAD20.78
GBP/NAD24.30
EUR/GBP0.85
EUR/USD1.08
GBP/USD1.27
AUD/USD0.66
USD/JPY144.02
Commodities @ 07:00 
Gold1,916.15
Silver22.86
Platinum908.55
Palladium1,234.50
WTI71.83
Brent76.53
Table 5: Exchange Rates and Commodities 

Local News

Namibia’s sovereign wealth fund has grown to N$385 million from its initial capital injection of N$270 million, deposited at its launch in May 2022. (Sun Newspaper)

The real value of building plans approved decreased during the first quarter of 2023. This leading indicator for future construction activity, decreased year-on-year and quarter-on-quarter by 27.1% and 33.3%, respectively. (New Era Newspaper)

Economist Daniel Motinga has threatened to resign as NamPower board chairperson due to continued political interference in the running of the national electricity company. (The Namibian Newspaper)

Sub-Sahara News

A surge in US private payrolls fuelled worries that US interest rates would stay higher for longer. (News24)

Nigeria’s average daily petrol consumption has fallen by 28% since President Bola Tinubu scrapped a popular but costly subsidy on the fuel at the end of May, data from the industry regulator shows. (CNBC Africa)

Emergency services in the Ekurhuleni metro have confirmed that 24 people died of suspected gas inhalation at the Angelo informal settlement in Boksburg on Wednesday night (AllAfrica News)

International News

The head of the U.N.’s nuclear watchdog said on Friday that one or two of the team of international experts behind its report greenlighting Japan’s release of treated radioactive water from the crippled Fukushima plant may have expressed concerns (Reuters News)

Quarterly national accounts from the UK and flash inflation from France and the euro area are due on Friday, headlining a hectic day for the European economic news. (RTT News)

Israeli forces have shot dead a Palestinian man after he opened fire near an illegal settlement, killing one Israeli soldier, according to Israel’s army. (Aljazeera News)

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