NSX DAILY UPDATES (27 JUNE 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 198,774.00 10,831,806.98100.00%
ETFs –   –  0.00%
Total 198,774.00 10,831,806.98100.00%
Table 1: NSX Trades

NSX Activities

A total of N$10,831,806.98 worth of shares was traded on the NSX on Tuesday with about N$3,729,020 worth of shares belonging to Anglo-American plc and N$42,327 worth of shares belonging to Mobile Telecommunications Limited on the home front. No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants continue to sell-off shares belonging to Anglo-American as precious metal prices decline, thus resulting in a slight decrease of 0.1% in the company’s stock value at closing
  • Market participants actively traded FirstRand Namibia shares on the domestic market, resulting an increase in share price at closing by 3.0%
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.3036.300.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.8514.850.00%
First Rand NamibiaFNB47.5147.510.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.903.900.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.097.090.00%
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 plcANM537.70537.14-0.10%
B2Gold CorporationB2G66.8966.26-0.94%
Oceana Group LimitedOCG69.0668.05-1.46%
TruworthsTRW55.0055.300.55%
Nedbank Group LimitedNBK223.96224.330.17%
Standard Bank GroupSNB172.74173.500.44%
Shoprite Holdings SRH224.64224.51-0.06%
Firstrand LimitedFST66.8767.080.31%
Momentum Metropolitan HoldingsMMT17.5417.550.06%
Old Mutual LtdOMM11.8111.80-0.08%
Sanlam LimitedSLA57.6057.50-0.17%
Santam LimitedSNM286.73286.880.05%
Vukile Property Fund LimitedVKN13.1013.06-0.31%
Investec LimitedIVD102.05101.67-0.37%
PSG Konsult LimitedKFS12.8212.55-2.11%
Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD334.09330.10-1.19%
New Gold Palladium ETFNGNPLD237.07231.59-2.31%
New Gold Platinum ETF NNGNPLT166.65163.69-1.78%
Satrix S&P Namibia Bond ETF)SXNNAM19.1319.240.58%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.56
EUR/NAD20.32
GBP/NAD23.63
EUR/GBP0.85
EUR/USD1.09
GBP/USD1.27
AUD/USD0.66
USD/JPY143.89
Commodities @ 07:00 
Gold1,923.95
Silver22.91
Platinum925.90
Palladium1,281.28
WTI68.12
Brent72.97
Table 5: Exchange Rates and Commodities 

Local News

The Affirmative Repositioning (AR) movement says the government should not be made to pay for a 24% stake in Hyphen Hydrogen Energy, which has been tasked to develop the Southern Corridor Development Initiative. (Sun Newspaper)

Namibia Chamber of Commerce and Industry president Bisey /Uirab yesterday said there is a trend emerging of developed countries that favor and actively promote protectionism and regionalism. (New Era Newspaper)

Namibia Breweries Limited (NBL), which was recently taken over by Heineken International BV, will be letting go of 31 fixed-term employees on Friday. (The Namibian Newspaper)

Sub-Sahara News

Naspers stable gains R260bn in a single day as investors welcome simpler structure. (News24)

Germany and South Africa on Tuesday agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa’s huge renewable resource potential to meet 2050 net-zero targets. (CNBC Africa)

There may be survivors trapped underground in an unused mining shaft in Welkom, in the Free State, where at least 31 illegal miners – believed to be Basotho nationals – were killed during a methane explosion in May 2023 (AllAfrica News)

International News

The U.S. Supreme Court on Tuesday rebuffed a legal theory favored by many conservatives that could hand sweeping power to state legislatures to establish rules for presidential and congressional elections and draft electoral maps giving huge advantages to the party already in control. (Reuters News)

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as some traders continued to cash in on recent strength in the markets by booking profits. (RTT News)

Clashes have broken out between demonstrators and police following public outrage over the shooting death of a 17-year-old in the Paris suburb of Nanterre after the youth allegedly failed to comply with a police order to stop his car. (Aljazeera News)

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