NSX DAILY UPDATES (12 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 611,752.00 26,837,718.19100.00%
ETFs –   –  0.00%
Total 611,752.00 26,837,718.19100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 26,837,718.19 worth of shares was traded on the NSX on Monday with about N$ 3,134,201 worth of shares belonging to Anglo-American plc and N$ 3,540 worth of shares belonging to Mobile Telecommunications Limited on the home front. No ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American as a significant downside risk to a tight central bank policy, resulting in a decline of 2.9% in the company’s stock value.
  • Market participants actively traded Mobile Telecommunications Limited 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 plcANM577.98561.47-2.86%
B2Gold CorporationB2G71.9971.32-0.93%
Oceana Group LimitedOCG72.0970.71-1.91%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW54.6053.99-1.12%
Nedbank Group LimitedNBK223.08221.00-0.93%
Standard Bank GroupSNB171.95167.34-2.68%
Shoprite HoldingsSRH224.28222.22-0.92%
FirstRand LimitedFST68.0466.52-2.23%
Momentum Metropolitan HoldingsMMT18.0718.170.55%
Old Mutual LtdOMM11.7711.770.00%
Sanlam LimitedSLA59.0858.90-0.30%
Santam LimitedSNM296.27293.50-0.93%
Vukile Property Fund LimitedVKN12.8013.041.87%
Investec LimitedIVD109.93108.68-1.14%
PSG Konsult LimitedKFS12.4912.38-0.88%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD342.17337.05-1.50%
New Gold Palladium ETFNGNPLD238.25241.011.16%
New Gold Platinum ETF NNGNPLT182.06176.99-2.78%
Satrix S&P Namibia Bond ETF)SXNNAM18.7018.63-0.37%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.55
EUR/NAD19.97
GBP/NAD23.22
EUR/GBP0.86
EUR/USD1.07
GBP/USD1.25
AUD/USD0.67
USD/JPY139.45
Commodities @ 07:00 
Gold1,973.93
Silver24.17
Platinum998.00
Palladium1.345.50
WTI67.40
Brent72.12
Table 5: Exchange Rates and Commodities 

Local News

Following the uproar over the perceived mass exclusion of the numerically dominant tribes of the //Karas Region from the ongoing recruitment of police cadet officers, the government has moved to ensure that all future recruitments comprise 80% of the region’s indigenous communities. (Sun Newspaper)

After being ignored last week, Cabinet again directed national power utility Nampower to discontinue the suspension of electricity for local authorities in arrears. (New Era Newspaper)

The government has ordered a thorough investigation into the source of the dried sedimentation of traditional brewed beer which killed 16 people at Kayova village last week, saying the product should not be sold anymore. (The Namibian Newspaper)

Sub-Sahara News

Eskom has finally put out a request for proposal (RFP) to supply the Gourikwa power plant in Mosselbay and Ankerlig power station in Atlantis with natural gas. (News24)

The South African rand extended gains on Monday, building from the previous week, as investor sentiment towards Africa’s most industrialized economy improved. (CNBC Africa)

Angolan head of State João Lourenço has announced plans for the installation of a cybersecurity academy in the country. (AllAfrica News)

International News

Former President Donald Trump arrived in Miami on Monday to face federal criminal charges, while a new Reuters/Ipsos poll found a vast majority of his fellow Republicans believe the case to be politically motivated. (Reuters News)

Asian markets turned in a mixed performance on Tuesday as weak U.S. data rekindled growth worries and the Reserve Bank of Australia kept the door open to further tightening after unexpectedly raising its key interest rate (RTT News)

Ukraine says it is continuing to make advances against Russian troops occupying its south and east as the early stages of its much-hyped counteroffensive take shape. (Aljazeera News)

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