NSX DAILY UPDATES (06 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 2,443,744.00 182,969,783.34100.00%
ETFs –   –  0.00%
Total 2,443,744.00 182,969,783.34100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 182,969,783.34 worth of shares was traded on the NSX on Tuesday with about N$18,874,180 worth of shares belonging to Anglo-American plc and N$ 5,399 worth of shares belonging to Namibia Breweries on the home front. No ETFs were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed to shares belonging to Anglo-American, resulting in an increase of 1.4% in the company’s stock value.
  • Market participants actively traded Namibia Breweries 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 plcANM578.70586.801.40%
B2Gold CorporationB2G73.6773.700.04%
Oceana Group LimitedOCG72.5073.701.66%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW49.7050.441.49%
Nedbank Group LimitedNBK211.33211.580.12%
Standard Bank GroupSNB158.20160.401.39%
Shoprite HoldingsSRH200.83204.341.75%
FirstRand LimitedFST62.4363.010.93%
Momentum Metropolitan HoldingsMMT17.1217.361.40%
Old Mutual LtdOMM11.3011.491.68%
Sanlam LimitedSLA54.6455.621.79%
Santam LimitedSNM273.99284.163.71%
Vukile Property Fund LimitedVKN12.7512.770.16%
Investec LimitedIVD105.73107.101.30%
PSG Konsult LimitedKFS11.7511.901.28%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD350.80350.800.00%
New Gold Palladium ETFNGNPLD262.31261.71-0.23%
New Gold Platinum ETF NNGNPLT190.29191.400.58%
New Funds S&P NAM BondNFNAMA18.2618.531.48%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.25
EUR/NAD20.57
GBP/NAD23.91
EUR/GBP0.86
EUR/USD1.06
GBP/USD1.24
AUD/USD0.66
USD/JPY139.22
Commodities @ 07:00 
Gold1,979.10
Silver23.60
Platinum1,042.60
Palladium1.415.78
WTI71.27
Brent75.77
Table 5: Exchange Rates and Commodities

Local News

May saw significant declines in international prices for wheat, maize, vegetable oils, and cheese, while rice, sugar, and meat prices increased. (Sun Newspaper)

President Hage Geingob yesterday said Namibia remains open for business to those who see the country as an attractive investment destination. (New Era Newspaper)

The United Nations Population Fund (UNFPA) says 43% of the country’s population is experiencing multidimensional poverty. (The Namibian Newspaper)

Sub-Sahara News

Despite record levels of load shedding, all energy-intensive sectors in the economy – including mining, manufacturing, and construction – grew in the first quarter of this year, new GDP numbers show. (News24)

The World Bank on Tuesday raised its 2023 global growth forecast as the U.S. and other major economies have proven more resilient than forecast, but said higher interest rates would cause a larger-than-expected drag next year. (CNBC Africa)

The African Continental Free Trade Area accord is one of the most critical developments in African trade and integration, says the executive director of the International Trade Centre (ITC), the UN agency supporting small business. (AllAfrica News)

International News

About 42,000 people are at risk from flooding in Russian- and Ukrainian-controlled areas along the Dnipro River after a dam collapsed, as the U.N. aid chief warned of “grave and far-reaching consequences”. (Reuters News)

European stocks were moving lower on Wednesday as lower commodity prices on the back of disappointing manufacturing data from China pulled down mining and energy stocks. (RTT News)

United States Secretary of State Antony Blinken has held talks with Saudi Arabian Crown Prince Mohammed bin Salman at the start of a diplomatic mission aimed at steadying relations between Washington and the oil-rich kingdom after years of deepening disagreements on issues ranging from human rights to Iran and regional security to oil prices. (Aljazeera News)

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