NSX DAILY UPDATES (14 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 2,582,807.00 113,214,135.15100.00%
ETFs –   –  0.00%
Total 2,582,807.00 113,214,135.15100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 113,214,135.15 worth of shares was traded on the NSX on Wednesday with about N$ 18,284,361 worth of shares belonging to Anglo-American plc and N$ 2,124 worth of shares belonging to Mobile Telecommunications Limited on the home front. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed belonging to Anglo-American as metal prices and currency exchange improves, resulting in an increase of 3.6% in the company’s stock value at closing
  • Market participants actively traded Mobile Telecommunications Limited shares on the domestic market, resulting in no change in share price.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.0036.000.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.0014.000.00%
First Rand NamibiaFNB41.0041.000.00%
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 plcANM581.06602.203.64%
B2Gold CorporationB2G71.0068.99-2.83%
Oceana Group LimitedOCG71.6671.44-0.31%
Mediclinic International PlcMEP118.30118.300.00%
TruworthsTRW55.2056.903.08%
Nedbank Group LimitedNBK225.53228.351.25%
Standard Bank GroupSNB170.00173.331.96%
Shoprite HoldingsSRH228.21228.840.28%
FirstRand LimitedFST68.1268.540.62%
Momentum Metropolitan HoldingsMMT18.4918.48-0.05%
Old Mutual LtdOMM11.9812.080.83%
Sanlam LimitedSLA59.6359.49-0.23%
Santam LimitedSNM295.20292.00-1.08%
Vukile Property Fund LimitedVKN13.1513.200.38%
Investec LimitedIVD109.88110.600.66%
PSG Konsult LimitedKFS12.3812.692.50%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD337.47333.21-1.26%
New Gold Palladium ETFNGNPLD244.09247.881.55%
New Gold Platinum ETF NNGNPLT175.54171.92-2.06%
Satrix S&P Namibia Bond ETF)SXNNAM18.8618.910.27%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.40
EUR/NAD19.90
GBP/NAD23.26
EUR/GBP0.85
EUR/USD1.08
GBP/USD1.26
AUD/USD0.67
USD/JPY141.04
Commodities @ 07:00 
Gold1,947.55
Silver23.50
Platinum974.75
Palladium1.367.00
WTI68.06
Brent72.99
Table 5: Exchange Rates and Commodities 

Local News

The High Court will today decide whether Menzies should continue offering ground-handling services at the country’s biggest airport, or whether it should pack its bags and make way for locally-owned Paragon. (Sun Newspaper)

The Bank of Namibia is expected to throw yet another jab at consumers with the third repo rate announcement of the year this morning. (New Era Newspaper)

The government has set in motion plans to ban single-use plastic by the end of the year. Environment minister Pohamba Shifeta recently told parliament that plastic waste stays on the planet for much longer than anyone may think. (The Namibian Newspaper)

Sub-Sahara News

Health Minister Joe Phaahla says he does not see the NHI Bill changing much in the National Council of Provinces. (News24)

Nigeria’s central bank allowed the naira currency NGN=D1 to drop as much as 36% on the official market on Wednesday, days after President Bola Tinubu suspended the central bank governor who oversaw much-criticized multiple exchange rates. (CNBC Africa)

Tributes are pouring in for Cameroon’s charismatic political leader and chairman of the country’s first political party, the Social Democratic Front. The party announced his passing on June 12, 2023, in Yaoundé at the age of 81. (AllAfrica News)

International News

The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections that borrowing costs will likely rise by another half of a percentage point by the end of this year (Reuters News)

Asian stock markets are trading mostly lower on Thursday, following the mostly negative cues from global markets overnight, as traders are nervous over the outlook for interest rates as the Bank of Canada once again raised interest rates after leaving rates unchanged for two straight meetings. (RTT News)

At least 78 people have died and many more are feared missing after a fishing boat carrying refugees and migrants capsized and sank off the southern coast of Greece – one of the worst such disasters this year. (Aljazeera News)

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