NSX DAILY UPDATES (22 MAY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 86,363.00 6,362,653.77100.00%
ETFs –   –  0.00%
Total 86,363.00 6,362,653.77100.00%
Table 1: NSX Trades

NSX Activities

A total of N$  6,362,653.77 worth of shares was traded on the NSX on Monday with about N$ 1,481,415 worth of shares belonging to Anglo-American plc and no shares on the home front.  No ETFs were traded on Monday as well.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were sold off by market participants resulting in a decrease in the company’s share price by 2.0%
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS35.9935.990.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8213.820.00%
First Rand NamibiaFNB41.0041.000.00%
Standard Bank NamibiaSNO7.997.990.00%
Oryx LimitedORY11.9911.990.00%
Letshego  LHN3.953.950.00%
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 plcANM574.90563.51-1.98%
B2Gold CorporationB2G75.7376.190.61%
Oceana Group LimitedOCG67.0069.393.57%
Mediclinic International PlcMEP118.90118.35-0.46%
TruworthsTRW48.3049.121.70%
Nedbank Group LimitedNBK208.82211.501.28%
Standard Bank GroupSNB156.15157.670.97%
Shoprite HoldingsSRH198.30202.131.93%
FirstRand LimitedFST61.2661.981.18%
Momentum Metropolitan HoldingsMMT17.1917.280.52%
Old Mutual LtdOMM11.2111.15-0.54%
Sanlam LimitedSLA52.4952.40-0.17%
Santam LimitedSNM267.66266.93-0.27%
Vukile Property Fund LimitedVKN12.3912.390.00%
Investec LimitedIVD105.44106.410.92%
PSG Konsult LimitedKFS11.8511.75-0.84%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD353.78353.800.01%
New Gold Palladium ETFNGNPLD273.41281.052.79%
New Gold Platinum ETF NNGNPLT199.24199.10-0.07%
New Funds S&P NAM BondNFNAMA18.4218.02-2.17%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.26
EUR/NAD20.82
GBP/NAD23.94
EUR/GBP0.86
EUR/USD1.08
GBP/USD1.24
AUD/USD0.66
USD/JPY138.66
Commodities @ 07:00 
Gold1,961.80
Silver23.60
Platinum1,076.45
Palladium1.477.03
WTI72.28
Brent76.20
Table 5: Exchange Rates and Commodities 

Local News

Locally-listed Namibia Asset Management (NAM) reported an operating profit of about N$8.34 million for six months ended 31 March 2023, an increase of nearly 7% compared to the same half-year in 2022. (Sun Newspaper)

The Ministry of Mines and Energy has officially endorsed Energy Invest: Namibia 2023 – the official investment report for Namibia’s gas, petroleum, power and mining sectors – produced by Energy Capital & Power (ECP). (New Era Newspaper)

Swapo vice president Netumbo Nandi-Ndaitwah says corruption is the greatest enemy of nation’s development. Corruption manifests in different forms, she says (The Namibian Newspaper)

Sub-Sahara News

SA’s biggest poultry group Astral Foods has warned deteriorating water infrastructure and load shedding is putting the country at risk of ultimately becoming dependent on food imports, putting the poorest especially at the mercy of a volatile rand. (News24)

Six African leaders propose that Ukraine accept opening peace talks with Russia even as Russian troops remain on its soil, South Africa’s presidency said on Monday, as South African officials prepare to visit both countries to sell the idea. (CNBC Africa)

The national electricity grid cannot be stabilised before the end of the year and load shedding will continue into mid-2024 (AllAfrica News)

International News

President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise the U.S. government’s $31.4 trillion debt ceiling with just 10 days before a possible default that could sink the U.S. economy, but vowed to keep talking. (Reuters News)

Asian stocks ended mixed on Tuesday after Chinese economic data came in weaker than expected. Focus shifted to the U.S. debt ceiling, as U.S. President Joe Biden and congressional leaders are due to resume talks at the White House later in the day (RTT News)

Moscow’s forces are continuing to engage in operations against cross-border raiders – described alternatively as either armed Russian opposition groups or Ukrainian saboteurs – who entered Russia from Ukraine in one of the most daring attacks on Russian territory since the Kremlin’s war on Kyiv began 15 months ago.. (Aljazeera News)

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