NSX DAILY UPDATES (28 JULY 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 442,977.00 14,807,742.30100.00%
ETFs –   –  0.00%
Total 442,977.00 14,807,742.30100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 14,807,742.30 worth of shares was traded on the NSX on Friday with about N$ 1,535,267 worth of shares belonging to Anglo-American plc and N$ 525,795 worth of shares belonging to Capricorn Group Limited. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging toAnglo-American plc, resulting in the decline of the company’s stock value of 3.1% at the closing.
  • Capricorn Group’s shares were traded by market participants, resulting in an increase in share price by 0.1% at closing.           
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.8036.800.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP14.9915.010.13%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO6.506.500.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.953.950.00%
Namibia Asset ManagementNAM0.680.680.00%
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 plcANM557.00539.92-3.07%
B2Gold CorporationB2G64.1262.04-3.24%
Oceana Group LimitedOCG68.4368.790.53%
TruworthsTRW68.9370.712.58%
Nedbank Group LimitedNBK236.00235.34-0.28%
Standard Bank GroupSNB192.12190.11-1.05%
Shoprite Holdings SRH253.85256.310.97%
Firstrand LimitedFST72.3372.690.50%
Momentum Metropolitan HoldingsMMT18.8318.960.69%
Old Mutual LtdOMM12.8512.900.39%
Sanlam LimitedSLA65.9466.250.47%
Santam LimitedSNM297.65299.840.74%
Vukile Property Fund LimitedVKN13.1713.200.23%
Investec LimitedIVD113.75111.50-1.98%
PSG Konsult LimitedKFS14.5014.45-0.34%
Table 3: Dual Listed Trades

`

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD323.87320.82-0.94%
New Gold Palladium ETFNGNPLD213.69210.37-1.55%
New Gold Platinum ETF NNGNPLT163.49160.18-2.02%
Satrix S&P Namibia Bond ETF)SXNNAM19.4219.520.51%
Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD17.58
EUR/NAD19.36
GBP/NAD22.61
EUR/GBP0.85
EUR/USD1.10
GBP/USD1.28
AUD/USD0.66
USD/JPY139.02
Commodities @ 07:00 
Gold1,994.40
Silver24.30
Platinum936.65
Palladium1,238.78
WTI80.44
Brent84.22
Table 5: Exchange Rates and Commodities 

Local News

The Electricity Control Board of Namibia (ECB) says Namibia is on track to achieve energy self-sufficiency with the adoption of the revised National Integrated Resource Plan (NIRP) (Sun Newspaper)

The deputy governor of the Bank of Namibia, Ebson Uanguta, said that Namibia needs to avert the natural resources curse that has befallen many oil-producing economies that did not set appropriate public policies and didn’t sufficiently prepare their public services to weather the storms associated with being an oil-producing economy. (New Era Newspaper)

Namibia is a free state, therefore, there is no need for Namibians to flee to the United Kingdom, international relations executive director Penda Naanda says. (The Namibian Newspaper)

Sub-Sahara News

Fuel price hikes are expected for all fuel grades in August, unaudited data from the Central Energy Fund has shown. (News24)

A governor in northeastern Nigerian state of Adamawa on Sunday imposed a 24-hour curfew after youths broke into shops to steal food and other goods. (CNBC Africa)

Prime Cabinet Secretary Musalia Mudavadi has blasted Azimio coalition leader Raila Odinga for magnifying issues in Kenya to make them a global crisis. (AllAfrica News)

International News

Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. (Reuters News)

Asian stocks closed mostly higher on Monday amid bets that the U.S. Federal Reserve will pause it’s tightening campaign after delivering a 25-basis point increase this week. (RTT News)

The Chinese capital, Beijing, has recorded its heaviest rainfall this year as the remnants of Typhoon Doksuri passed through the city, forcing the evacuation of tens of thousands of people from high-risk areas in the region. (Aljazeera News)

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