NSX DAILY UPDATES (13 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 299,311.00 21,595,324.0171.43%
ETFs 25,515.00 8,636,827.5028.57%
Total 324,826.00 30,232,151.51100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 21,595,324.01 worth of shares was traded on the NSX on Tuesday with about N$ 2,321,946 worth of shares belonging to Anglo-American plc and N$ 2,182,752 worth of shares belonging to Namibia Breweries on the home front. ETFs worth N$ 8,636,827.50 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed belonging to Anglo-American as metal prices rebounded, resulting in an increase of 3.5% in the company’s stock value at closing
  • Market participants actively traded Namibia Breweries shares on the domestic market, resulting in an increase in share price at closing from N$35.99 to N$36.00.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS35.9936.000.03%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.0014.000.00%
First Rand NamibiaFNB41.0141.00-0.02%
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 plcANM561.47581.063.49%
B2Gold CorporationB2G71.3271.00-0.45%
Oceana Group LimitedOCG70.7171.661.34%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW53.9955.202.24%
Nedbank Group LimitedNBK221.00225.532.05%
Standard Bank GroupSNB167.34170.001.59%
Shoprite HoldingsSRH222.22228.212.70%
FirstRand LimitedFST66.5268.122.41%
Momentum Metropolitan HoldingsMMT18.1718.491.76%
Old Mutual LtdOMM11.7711.981.78%
Sanlam LimitedSLA58.9059.631.24%
Santam LimitedSNM293.50295.200.58%
Vukile Property Fund LimitedVKN13.0413.150.84%
Investec LimitedIVD108.68109.881.10%
PSG Konsult LimitedKFS12.3812.380.00%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD337.05337.470.12%
New Gold Palladium ETFNGNPLD241.01244.091.28%
New Gold Platinum ETF NNGNPLT176.99175.54-0.82%
Satrix S&P Namibia Bond ETF)SXNNAM18.6318.861.23%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.65
EUR/NAD20.11
GBP/NAD23.51
EUR/GBP0.85
EUR/USD1.07
GBP/USD1.26
AUD/USD0.67
USD/JPY140.09
Commodities @ 07:00 
Gold1,959.35
Silver23.85
Platinum981.85
Palladium1.357.03
WTI69.66
Brent74.62
Table 5: Exchange Rates and Commodities 

Local News

Cabinet – through finance minister Ipumbu Shiimi – has been accused of bullying NamPower to discontinue the suspension of electricity and to “never” again suspend the supply of utilities to various defaulting local authorities as a means to expedite revenue collection. (Sun Newspaper)

The shortage of medicines and clinical supplies will soon be something of the past as the health ministry started to procure medicine and clinical materials directly from suppliers. (New Era Newspaper)

Officials at the home affairs ministry are reportedly unhappy with the relationship between senior ministry officials and the Chinese government. They are particularly concerned about conditions in the agreement that may disadvantage Namibia. (The Namibian Newspaper)

Sub-Sahara News

Following arguably the strongest US threat yet against South Africa over its relationship with Russia, economists have warned that South Africa risks harsh pain. (News24)

The inflation rate cooled in May to its lowest annual rate in more than two years, likely taking pressure off the Federal Reserve to continue raising interest rates, the Labor Department reported Tuesday. (CNBC Africa)

A group of Democratic and Republican members of the U.S. Congress has written to Secretary of State Antony Blinken requesting that the annual Africa Growth and Opportunities Act (Agoa) Forum be moved from South Africa this year (AllAfrica News)

International News

Former U.S. President Donald Trump pleaded not guilty on Tuesday to federal criminal charges that he unlawfully kept national security documents when he left office and lied to officials who sought to recover them. (Reuters News)

Asian stocks turned in a mixed performance on Wednesday as Chinese trade data disappointed and investors awaited cues from key central bank meetings due next week (RTT News)

A top Russian officer has been reported killed in a Ukrainian missile strike during Kyiv’s counteroffensive against Russian forces, a Russian-backed official in Ukraine has said, offering his condolences. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2022
This is the right footer