NSX DAILY UPDATES (13 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 33,024.00 3,117,474.34100.00%
ETFs –   –  0.00%
Total 33,024.00 3,117,474.34100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 3,117,474.34 worth of shares was traded on the NSX on Friday with about N$ 106,439 worth of shares belonging to Anglo-American plc and N$ 5,418 worth of shares belonging to Letshego Holdings.  No ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold off shares belonging to Anglo-American resulting in a 1.2% decline in the company’s stock value at the closing.
  • Letshego Holdings’ shares were sold off by market participants, resulting in a decline of 1.8% in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS37.1937.190.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP15.0215.020.00%
First Rand NamibiaFNB48.0148.010.00%
Standard Bank NamibiaSNO6.996.990.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.943.87-1.78%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
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 plcANM522.56516.35-1.19%
B2Gold CorporationB2G57.6757.750.14%
Oceana Group LimitedOCG68.6069.270.98%
TruworthsTRW69.1869.871.00%
Nedbank Group LimitedNBK232.00230.31-0.73%
Standard Bank GroupSNB196.29195.77-0.26%
Shoprite Holdings SRH259.00257.76-0.48%
Firstrand LimitedFST73.0472.54-0.68%
Momentum Metropolitan HoldingsMMT19.7719.770.00%
Old Mutual LtdOMM13.2513.270.15%
Sanlam LimitedSLA65.0565.270.34%
Santam LimitedSNM297.43297.930.17%
Vukile Property Fund LimitedVKN13.8613.61-1.80%
Investec LimitedIVD112.35112.910.50%
PSG Konsult LimitedKFS14.0614.311.78%
Table 3: Dual Listed Trades
Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD334.09336.800.81%
New Gold Palladium ETFNGNPLD232.62238.622.58%
New Gold Platinum ETF NNGNPLT162.62166.252.23%
Satrix S&P Namibia Bond ETF)SXNNAM19.6419.670.15%
Table 4: ETFs
Exchange Rates @ 07:00 
USD/NAD19.01
EUR/NAD20.78
GBP/NAD24.11
EUR/GBP0.86
EUR/USD1.09
GBP/USD1.26
AUD/USD0.64
USD/JPY144.79
Commodities @ 07:00 
Gold1,944.65
Silver22.66
Platinum913.15
Palladium1,301.00
WTI82.06
Brent85.69
Table 5: Exchange Rates and Commodities 

Local News

Brazil has donated about N$2.2 million (US$120 000) to Namibia towards upscaling five food-system projects and facilitating skills and knowledge transfer to target communities. (Sun Newspaper)

Chinese businesswoman Stina Wu is accused of leaving over 30 clients ‘homeless’ after her company failed to deliver the houses they are currently paying for. (New Era Newspaper)

Ministry of Information and Communication Technology deputy director Elizabeth Kamutuezu has become the latest senior government official to serve in a Swapo structure. (The Namibian Newspaper)

Sub-Sahara News

Despite a host of challenges – including load shedding, Transnet woes and a rand crash due to the Lady R diplomatic crisis – the economy may have been stronger in the second quarter than in the first. (News24)

Global rice markets could come under further strain as the world’s leading rice producer China grapples with heavy rain and flood risks. (CNBC Africa)

The Confederation of African Football, CAF, is investigating accusations of inappropriate conduct by the president of the Cameroon football federation, Samuel Eto’o Fils. (AllAfrica News)

International News

The death toll from the Maui wildfires reached 93 on Sunday as relatives of the missing frantically searched for signs their loved ones may still be alive, while survivors grappled with the scale of the disaster and sought solace at church services. (Reuters News)

Asian stocks ended flat to slightly lower on Monday as the dollar regained traction and Treasury yields climbed ahead of key inflation readings from China and the United States due this week (RTT News)

The United Nations peacekeeping mission in Mali has sped up its withdrawal from the city of Ber in the north after a surge in fighting. (Aljazeera News)

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