NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 73,883.00 | 3,287,763.91 | 93.67% |
ETFs | 661.00 | 222,056.34 | 6.33% |
Total | 74,544.00 | 3,509,820.25 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 3,287,763.91 worth of shares was traded on the NSX on Wednesday with about N$ 111,110 worth of shares belonging to Truworths and N$280,988 worth of shares belonging to Oryx Properties Limited. ETFs worth N$ 222,056.34 were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold off shares belonging to Truworths resulting in the company’s stock value declining by 0.7% at the closing.
- Oryx Properties shares were traded by market participants, resulting in an increase of 10.6% in share price at closing.
- New Gold Issuer Ltd NM ETF positions were sold resulting in a decline in price by 1.0%
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 36.60 | 36.60 | 0.00% |
Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
Capricorn | CGP | 15.80 | 15.80 | 0.00% |
First Rand Namibia | FNB | 48.50 | 48.50 | 0.00% |
Standard Bank Namibia | SNO | 7.51 | 7.51 | 0.00% |
Oryx Limited | ORY | 11.30 | 12.50 | 10.62% |
Letshego | LHN | 3.88 | 3.88 | 0.00% |
Namibia Asset Management | NAME | 0.69 | 0.69 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.74 | 12.74 | 0.00% |
Mobile Telecommunication Company | MOC | 7.50 | 7.50 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 8.99 | 8.99 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual-Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 494.40 | 495.29 | 0.18% |
B2Gold Corporation | B2G | 58.78 | 58.49 | -0.49% |
Oceana Group Limited | OCG | 71.20 | 71.67 | 0.66% |
Truworths | TRW | 74.50 | 74.00 | -0.67% |
Nedbank Group Limited | NBK | 209.94 | 207.22 | -1.30% |
Standard Bank Group | SNB | 192.97 | 183.63 | -4.84% |
Shoprite Holdings | SRH | 252.20 | 253.00 | 0.32% |
Firstrand Limited | FST | 71.85 | 71.06 | -1.10% |
Momentum Metropolitan Holdings | MMT | 20.10 | 19.82 | -1.39% |
Old Mutual Ltd | OMM | 12.76 | 12.32 | -3.45% |
Sanlam Limited | SLA | 68.12 | 67.79 | -0.48% |
Santam Limited | SNM | 307.48 | 309.13 | 0.54% |
Vukile Property Fund Limited | VKN | 13.39 | 13.15 | -1.79% |
Investec Limited | IVD | 109.92 | 109.33 | -0.54% |
PSG Konsult Limited | KFS | 13.72 | 13.35 | -2.70% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 337.59 | 334.17 | -1.01% |
New Gold Palladium ETF | NGNPLD | 225.34 | 227.21 | 0.83% |
New Gold Platinum ETF N | NGNPLT | 166.30 | 163.34 | -1.78% |
Satrix S&P Namibia Bond ETF) | SXNNAM | 19.66 | 19.51 | -0.76% |
Table 4: ETFs
Exchange Rates @ 07:00 | |
USD/NAD | 18.78 |
EUR/NAD | 20.17 |
GBP/NAD | 23.46 |
EUR/GBP | 0.85 |
EUR/USD | 1.07 |
GBP/USD | 1.24 |
AUD/USD | 0.64 |
USD/JPY | 147.15 |
Commodities @ 07:00 | |
Gold | 1,928.55 |
Silver | 22.85 |
Platinum | 903.45 |
Palladium | 1,263.78 |
WTI | 89.07 |
Brent | 92.39 |
Table 5: Exchange Rates and Commodities
Local News
Pursuant to a settlement agreement, the liquidators of Ramatex Textiles Namibia will sell eight of the enormous warehouses on-site in Windhoek and rehabilitate the land. (Sun Newspaper)
The Namibia Agronomic Board’s directors have announced the reappointment of Fidelis Mwazi as Chief Executive Officer (CEO) for five years, effective 01 August 2023. (New Era Newspaper)
Cargo that was being held at Menzies Aviation (Namibia) at Hosea Kutako International Airport has been released, Namibia Airports Company (NAC) spokesperson Dan Kamati announced on Wednesday. (The Namibian Newspaper)
Sub-Sahara News
Experts warned that coal-powered stations are unpredictable and that any further breakdowns could push the country into Stage 7. (News24)
Chinese stocks took a record hit as foreign investors yanked $15.5 billion out of emerging market portfolios in August, the largest monthly outflow in a year, as concerns over China’s growth permeated across equities in an otherwise strong year for EMs. (CNBC Africa)
The Competition Commission’s latest report reveals that South Africans are paying excessively high prices for certain food items, despite a significant decrease in overall inflation (AllAfrica News)
International News
SoftBank Group CEO Masayoshi Son was in San Francisco on Wednesday when he joined a call with his bankers in New York to make a final decision about his company’s most valuable asset: chip designer Arm Holdings (Reuters News)
Asian stocks drifted lower on Thursday after China reported weak trade figures for August, adding to worries about slowing growth in the world’s second-largest economy. (RTT News)
Taiwan has clapped back at Elon Musk after the billionaire businessman waded into the delicate issue of the island’s relations with China. (Aljazeera News)