NSX DAILY UPDATES (07 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 173,566.00 3,826,890.41100.00%
ETFs –   –  0.00%
Total 173,566.00 3,826,890.41100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 3,826,890.41worth of shares was traded on the NSX on Friday with about N$ 129,379 worth of shares belonging to Truworths and N$ 4,947 worth of shares belonging to Letshego Holdings Ltd on the domestic market. Additionally, No ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

  • Share belonging to Truworths was subscribed by market participants, resulting in an increase of 2.1% in the company’s stock value at closing
  • Letshego Holdings’ shares were traded by market participants with no change in share price 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  LHN3.853.850.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.097.090.00%
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 plcANM522.00534.502.39%
B2Gold CorporationB2G66.3265.79-0.80%
Oceana Group LimitedOCG71.2671.17-0.13%
TruworthsTRW55.7356.892.08%
Nedbank Group LimitedNBK221.78224.231.10%
Standard Bank GroupSNB175.93178.001.18%
Shoprite Holdings SRH221.11219.99-0.51%
Firstrand LimitedFST67.7768.320.81%
Momentum Metropolitan HoldingsMMT17.7618.111.97%
Old Mutual LtdOMM11.9512.060.92%
Sanlam LimitedSLA59.1259.861.25%
Santam LimitedSNM287.99288.110.04%
Vukile Property Fund LimitedVKN12.1012.170.58%
Investec LimitedIVD103.38105.582.13%
PSG Konsult LimitedKFS13.4113.510.75%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD338.68342.000.98%
New Gold Palladium ETFNGNPLD226.96230.431.53%
New Gold Platinum ETF NNGNPLT164.98167.861.75%
Satrix S&P Namibia Bond ETF)SXNNAM19.0219.150.68%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.86
EUR/NAD20.68
GBP/NAD24.20
EUR/GBP0.85
EUR/USD1.09
GBP/USD1.28
AUD/USD0.66
USD/JPY142.57
Commodities @ 07:00 
Gold1,929.70
Silver23.25
Platinum917.80
Palladium1,240.53
WTI73.61
Brent78.27
Table 5: Exchange Rates and Commodities 

Local News

The Namibian Police will kick off a two-day campaign against drugs in Otjiwarongo in the Otjozondjupa Region this morning. (Sun Newspaper)

Namibia has not been spared from the rapidly rising inflation and interest rates experienced across the globe over the past year and a half. (New Era Newspaper)

Namibia’s trade activity increased in value by 18,7% year-on-year (y/y) in May, driven by an increase in exports, led by uranium, which rose 45,3% y/y and imports, topped by petroleum oils, rising 4,0% y/y. (The Namibian Newspaper)

Sub-Sahara News

SA, which has experienced crippling electricity outages in recent months, will “survive” this winter season thanks to a huge improvement in generation, a cabinet minister said on Saturday. (News24)

Emerging market stocks hit a one-month low on Friday as bets of a higher U.S. rate regime lasting for longer stifled risk appetite, while Hungary’s forint dwindled ahead of an S&P debt rating review and on expectations of continued rate cuts (CNBC Africa)

Seychelles has allegedly imposed a ban on Nigerian passport holders, applying for short-term visas or holiday purposes. (AllAfrica News)

International News

Zelenskiy said an invitation to join NATO would show that the alliance is not afraid of Moscow, and that getting clear security guarantees while outside the group would be one of his goals in Vilnius (Reuters News)

European stocks may open on a firm note Monday amid a growing sense of optimism about the U.S. economy (RTT News)

The United States military says it has killed a leader of the ISIL (ISIS) group in eastern Syria in a drone strike. (Aljazeera News)

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