NSX DAILY UPDATE (04 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,958,553.00 109,084,509.18100.00%
ETFs –   –  0.00%
Total 1,958,553.00 109,084,509.18100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 109,084,509.18 worth of shares was traded on the NSX on Wednesday with about N$ 44,908,629 worth of shares belonging to Anglo-American plc` and N$ 471,348 worth of shares belonging to Nictus Holdings. No ETFs were traded on Wednesday

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 0.9% at the closing.
  • Nictus 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 BreweriesNBS36.5936.590.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.4216.420.00%
First Rand NamibiaFNB49.0049.000.00%
Standard Bank NamibiaSNO7.567.560.00%
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 CompanyMOC7.157.150.00%
Alpha Namibia Industries Renewable Power LimitedANE8.998.990.00%

Table 2: Primary listed Trades

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NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM504.60500.00-0.91%
B2Gold CorporationB2G53.7154.781.99%
Oceana Group LimitedOCG75.6475.00-0.85%
TruworthsTRW74.4374.900.63%
Nedbank Group LimitedNBK197.67195.45-1.12%
Standard Bank GroupSNB182.64181.79-0.47%
Shoprite Holdings SRH238.28238.00-0.12%
Firstrand LimitedFST63.3662.36-1.58%
Momentum Metropolitan HoldingsMMT19.5318.95-2.97%
Old Mutual LtdOMM12.1311.93-1.65%
Sanlam LimitedSLA64.2964.710.65%
Santam LimitedSNM296.00275.84-6.81%
Vukile Property Fund LimitedVKN13.0812.85-1.76%
Investec LimitedIVD105.30105.00-0.28%
PSG Konsult LimitedKFS13.0513.070.15%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD327.98327.60-0.12%
New Gold Palladium ETFNGNPLD219.56217.35-1.01%
New Gold Platinum ETF NNGNPLT162.43160.85-0.97%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.660.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.30
EUR/NAD20.21
GBP/NAD23.47
EUR/GBP0.86
EUR/USD1.04
GBP/USD1.21
AUD/USD0.63
USD/JPY148.53
Commodities @ 07:00 
Gold1,841.20
Silver21.42
Platinum876.55
Palladium1,183.28
WTI84.66
Brent86.33

Table 5: Exchange Rates and Commodities 

Local News

Meatco currently owes local cattle producers over N$300 million and is already up to 88 days behind with payments (Sun Newspaper)

Increased funding to the Namibia Students Financial Assistance Fund (NSFAF) has resulted in close to 5,000 more students being assisted financially with their studies this year. (New Era Newspaper)

The absence of a decision from the prosecutor general about the prosecution of National Petroleum Corporation of Namibia (Namcor) board chairperson Jennifer Comalie saw the case in which Comalie was charged with dealing in drugs struck from the Windhoek Magistrate’s Court’s roll yesterday. (The Namibian Newspaper)

Sub-Sahara News

Business and organized labour have called for the UIF to be placed under administration and its investments investigated as the fund sinks deeper into dysfunction, and suspicion of corruption grows. (News24)

The World Bank says Sub-Saharan African growth may drop by as much as a percentage point this year, hit by rising instability, weak growth in its biggest countries and worsening global economic uncertainty. (CNBC Africa)

Business and organized labour in South Africa are demanding that the Unemployment Insurance Fund (UIF) be placed under administration and undergo an independent investigation due to increasing dysfunction and suspicions of corruption (AllAfrica News)

International News

More than two dozen people in the Indigenous heartland of Australia’s Northern Territory revealed in interviews with Reuters how the Voice to Parliament proposal is struggling to connect with some of the people it is primarily designed to help. (Reuters News)

Asian stocks ended mostly lower on Thursday, as investors remained concerned about further interest rates hikes in the U.S. China’s property woes and uncertainty before a key U.S. inflation reading due on Friday also kept investors on tenterhooks (RTT News)

Australia has announced it will rejoin the United Nations climate fund set up to help poorer countries deal with the challenges of a heating planet ahead of a key donor conference. (Aljazeera News)

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