NSX DAILY UPDATES (08 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 502,353.00 3,925,761.03100.00%
ETFs –   –  0.00%
Total 502,353.00 3,925,761.03100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 3,925,761.03 worth of shares was traded on the NSX on Friday with about N$ 1,139,636 worth of shares belonging to Sanlam Limited and N$ 31,620 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 subscribed to shares belonging to Sanlam Limited, which increased the company’s stock value by 2.6% at the closing.
  • Capricorn Group. shares were traded by market participants, resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.6536.650.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP15.8115.810.00%
First Rand NamibiaFNB48.4948.500.02%
Standard Bank NamibiaSNO7.207.200.00%
Oryx LimitedORY11.3111.30-0.09%
Letshego  LHN3.963.95-0.25%
Namibia Asset ManagementNAME0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7412.740.00%
Mobile Telecommunication CompanyMOC7.137.130.00%
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 plcANM484.05483.39-0.14%
B2Gold CorporationB2G58.3857.57-1.39%
Oceana Group LimitedOCG71.0071.010.01%
TruworthsTRW72.6274.853.07%
Nedbank Group LimitedNBK206.81211.012.03%
Standard Bank GroupSNB190.62192.300.88%
Shoprite Holdings SRH246.53253.842.97%
Firstrand LimitedFST71.4271.900.67%
Momentum Metropolitan HoldingsMMT19.9420.472.66%
Old Mutual LtdOMM12.6812.690.08%
Sanlam LimitedSLA67.0168.752.60%
Santam LimitedSNM306.85311.001.35%
Vukile Property Fund LimitedVKN12.9813.131.16%
Investec LimitedIVD109.20110.361.06%
PSG Konsult LimitedKFS13.7513.50-1.82%
Table 3: Dual Listed Trades
Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD342.07342.080.00%
New Gold Palladium ETFNGNPLD225.67222.38-1.46%
New Gold Platinum ETF NNGNPLT167.39164.87-1.51%
Satrix S&P Namibia Bond ETF)SXNNAM19.5919.710.61%
Table 4: ETFs
Exchange Rates @ 07:00 
USD/NAD19.00
EUR/NAD20.40
GBP/NAD23.80
EUR/GBP0.85
EUR/USD1.07
GBP/USD1.25
AUD/USD0.64
USD/JPY146.04
Commodities @ 07:00 
Gold1,949.65
Silver23.41
Platinum912.10
Palladium1,230.00
WTI86.34
Brent89.52
Table 5: Exchange Rates and Commodities 

Local News

Namibia’s aviation stakeholders have appointed a steering committee to ensure everything is for Namibia to pass an international aviation safety audit next year. (Sun Newspaper)

Long-term debt for ailing State-owned meat-processing and meat-marketing entity Meat Corporation of Namibia (Meatco) consists of three loans from the Development Bank of Namibia (DBN). The first loan has an outstanding balance of N$151 million, the second has an outstanding balance of N$306 million, and the third has an outstanding balance of N$213 million. (New Era Newspaper)

The Ministry of Labour, Industrial Relations and Employment Creation says the new entry-level minimum wage for the agricultural sector announced by the Namibia Agricultural Labour Forum (Nalf) is only binding to members of parties to the collective agreement. (The Namibian Newspaper)

Sub-Sahara News

Investec to leverage personal touch in big push for more mid-market business clients (News24)

The Africa Finance Corporation (AFC), owned by Nigeria’s central bank and other African financial institutions, has no intention of backing away from fossil fuel investments, a senior executive said on Thursday. (CNBC Africa)

The Federal Government, under the leadership of President Bola Tinubu, has secured a substantial $163 million loan from the African Development Bank (AfDB) to bolster wheat production in Nigeria. (AllAfrica News)

International News

The Hong Kong-listed shares of China’s Alibaba Group (9988. HK) fell more than 4% on Monday after the surprise departure of former CEO Daniel Zhang from the technology giant’s cloud computing business. (Reuters News)

The M2 money stock in Japan was up 2.5 percent on year in August, the Bank of Japan said on Monday – coming in at 1,238.6 trillion yen (RTT News)

Russia has wrapped up widely condemned regional and municipal elections, including in four eastern regions annexed from Ukraine, delivering strong support for President Vladimir Putin. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2026
This is the right footer