NSX DAILY UPDATE (22 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 543,311.00 19,853,761.14100.00%
ETFs –   –  0.00%
Total 543,311.00 19,853,761.14100.00%

Table 1: NSX Trades

NSX Activities

A total of N$19,853,761.14 worth of shares was traded on the NSX on Friday with about N$ 1,288,527 worth of shares belonging to Anglo-American plc and N$ 33,975 worth of shares belonging to SBN Holdings Ltd. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American decreasing the company’s stock value by 0.5% at the closing.
  • SBN Holdings 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 BreweriesNBS36.6036.600.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.4016.400.00%
First Rand NamibiaFNB48.5048.500.00%
Standard Bank NamibiaSNO7.557.550.00%
Oryx LimitedORY12.5012.500.00%
Letshego  LHN3.883.880.00%
Namibia Asset ManagementNAME0.690.690.00%
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 plcANM519.09516.34-0.53%
B2Gold CorporationB2G59.2358.36-1.47%
Oceana Group LimitedOCG75.0075.000.00%
TruworthsTRW74.4574.820.50%
Nedbank Group LimitedNBK205.88205.81-0.03%
Standard Bank GroupSNB186.04185.60-0.24%
Shoprite Holdings SRH243.00241.00-0.82%
Firstrand LimitedFST64.8665.410.85%
Momentum Metropolitan HoldingsMMT19.9219.960.20%
Old Mutual LtdOMM12.1612.180.16%
Sanlam LimitedSLA68.2768.270.00%
Santam LimitedSNM302.69297.87-1.59%
Vukile Property Fund LimitedVKN13.5613.34-1.62%
Investec LimitedIVD107.67110.112.27%
PSG Konsult LimitedKFS13.2013.200.00%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD337.40335.89-0.45%
New Gold Palladium ETFNGNPLD228.56229.200.28%
New Gold Platinum ETF NNGNPLT167.48168.110.38%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.660.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.76
EUR/NAD19.98
GBP/NAD22.96
EUR/GBP0.87
EUR/USD1.06
GBP/USD1.23
AUD/USD0.64
USD/JPY148.37
Commodities @ 07:00 
Gold1,942.35
Silver23.76
Platinum934.55
Palladium1,52.03
WTI90.47
Brent92.39

Table 5: Exchange Rates and Commodities 

Local News

Namibia’s Electricity Control Board (ECB) has approved Solnam’s application to increase its solar power capacity for export to the Southern African Power Pool (SAPP). (Sun Newspaper)

The National Fishing Corporation of Namibia (Fishcor) has provided clarity on deals for an allocated 17 600 metric tonnes (mt) horse mackerel quota for the 2023 fishing season. (New Era Newspaper)

The Institute of Public Policy and Research (IPPR) has raised concerns over a plan by the African Energy Chamber (AEC), led by Cameroon’s controversial businessman NJ Ayuk, to present President Hage Geingob with an award in South Africa next month. (The Namibian Newspaper)

Sub-Sahara News

BioNTech is revising plans to build a manufacturing network of vaccine plants in three countries in Africa, just over a year after breaking ground on the first facility in Rwanda. (News24)

Emerging market stocks recovered from a four-day losing streak at the end of a week packed with major central bank decisions, while the Indian rupee firmed after JPMorgan’s plans to include the country’s local bonds in its debt index. (CNBC Africa)

The government in collaboration with the European Union (EU) and the United Nations Development Programme (UNDP) is finalising the implementation of Tanzania’s first Energy Efficiency Action Plan project. (AllAfrica News)

International News

Hollywood’s writers’ union reached a preliminary labour agreement with major studios on Sunday, a deal expected to end one of two strikes that have halted most film and television production and cost the California economy billions. (Reuters News)

Markets in Europe are expected to open on a negative note on Monday amidst overwhelming anxiety ahead of monetary policy decisions by the Federal Reserve, Bank of England and Bank of Japan. (RTT News)

The Philippines has accused China’s coastguard of installing a “floating barrier” in a disputed area of the South China Sea, which it said prevents Filipinos from fishing within its Exclusive Economic Zone (EEZ) (Aljazeera News)

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