NSX DAILY UPDATES (08 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,120,505.00 76,972,800.9693.43%
ETFs 23,030.00 5,409,863.846.57%
Total 1,143,535.00 82,382,664.80100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 76,972,800.96 worth of shares was traded on the NSX on Thursday with about N$190,586 worth of shares belonging to Anglo-American plc and N$ 269,066 worth of shares belonging to Capricorn Group Limited on the home front. ETFs worth N$ 5,409,863.84 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold-off to shares belonging to Anglo-American, resulting in a decline of 0.6% 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 NamibiaFNB41.0141.010.00%
Standard Bank NamibiaSNO7.007.000.00%
Oryx LimitedORY11.3011.300.00%
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 plcANM587.24583.85-0.58%
B2Gold CorporationB2G73.8371.54-3.10%
Oceana Group LimitedOCG71.6972.791.53%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW51.6952.601.76%
Nedbank Group LimitedNBK217.17220.371.47%
Standard Bank GroupSNB163.29165.251.20%
Shoprite HoldingsSRH214.44214.520.04%
FirstRand LimitedFST64.7765.861.68%
Momentum Metropolitan HoldingsMMT17.8717.950.45%
Old Mutual LtdOMM11.5711.701.12%
Sanlam LimitedSLA56.5457.802.23%
Santam LimitedSNM289.50292.971.20%
Vukile Property Fund LimitedVKN12.7312.70-0.24%
Investec LimitedIVD106.31107.841.44%
PSG Konsult LimitedKFS12.0412.473.57%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD347.83345.25-0.74%
New Gold Palladium ETFNGNPLD259.43252.04-2.85%
New Gold Platinum ETF NNGNPLT190.12184.50-2.96%
New Funds S&P NAM BondNFNAMA18.6318.60-0.16%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.85
EUR/NAD20.32
GBP/NAD23.68
EUR/GBP0.85
EUR/USD1.07
GBP/USD1.25
AUD/USD0.67
USD/JPY139.31
Commodities @ 07:00 
Gold1,979.80
Silver24.40
Platinum1,017.70
Palladium1.360.50
WTI75.31
Brent75.31
Table 5: Exchange Rates and Commodities 

Local News

Swapo secretary-general Sophia Shaningwa on Wednesday told party parliamentarian Tjekero Tweya, who was singing like a canary on State House’s rigid firewall around the green hydrogen deal, that he has said enough about the presidency. (Sun Newspaper)

The directors and management of the national power utility have resolved to proceed with planned power suspensions that commenced on Monday for indebted local authorities as per its debt collection plan. (New Era Newspaper)

The board of directors of the Ministry of Defence and Veterans Affairs company August 26 Logistics has announced the suspension of the company’s managing director, Salatiel Ntinda, and finance manager, Kallie Nel, on allegations of misconduct. (The Namibian Newspaper)

Sub-Sahara News

A fund run by one of South Africa’s largest asset managers has altered its approach on platinum, seeing better returns from betting on the physical metal, while offloading shares in companies that produce it as they grapple with a power crisis. (News24)

Despite a U.S.-U.K. trade deal remaining very much elusive, British Prime Minister Rishi Sunak and President Joe Biden signed a new “Atlantic Declaration” aiming to bolster economic security in the face of threats coming from Russia and China. (CNBC Africa)

The death toll from the cholera outbreak in South Africa has risen to 32, reports EWN. A 42-year-old woman from Parys in the Free State is the second confirmed fatality. The Free State Health Department confirmed the death of the 42-year-old woman a day after laboratory tests identified cholera as the cause (AllAfrica News)

International News

Donald Trump has been indicted by a federal grand jury for retaining classified government documents and obstruction of justice, according to a lawyer for the former U.S. president and another source familiar with the matter. (Reuters News)

Asian stocks advanced on Friday after the U.S. Senate passed a bipartisan bill to raise the debt ceiling into 2025 and cut the deficit, the final hurdle for the U.S. to avoid default on its debt. (RTT News)

Former United States President Donald Trump has alleged on his Truth Social platform that he faces indictment on federal charges that he mishandled classified documents upon exiting the White House (Aljazeera News)

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