NSX DAILY UPDATE (10 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 771,252.00 34,463,239.92100.00%
ETFs –   –   0.00%
Total 771,252.00 34,463,239.92100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 34,463,239.92 worth of shares was traded on the NSX on Tuesday with about N$ 761,206 worth of shares belonging to Anglo-American plc and N$ 2,067,483 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Anglo-American increasing the company’s stock value by 4.5% at the closing.
  • FirstRand Namibia Ltd shares were traded by market participants, resulting in an increase in share price by 3.0%% 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 NamibiaFNB49.0050.473.00%
Standard Bank NamibiaSNO7.567.560.00%
Oryx LimitedORY12.5012.500.00%
Letshego  LHN3.893.88-0.26%
Namibia Asset ManagementNAME0.690.690.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7412.740.00%
Mobile Telecommunication CompanyMOC7.177.170.00%
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 plcANM508.35531.244.50%
B2Gold CorporationB2G56.8256.980.28%
Oceana Group LimitedOCG73.1072.84-0.36%
TruworthsTRW71.3773.793.39%
Nedbank Group LimitedNBK196.12206.115.09%
Standard Bank GroupSNB183.55189.543.26%
Shoprite Holdings SRH234.32241.343.00%
Firstrand LimitedFST62.7565.173.86%
Momentum Metropolitan HoldingsMMT19.6920.383.50%
Old Mutual LtdOMM11.9212.474.61%
Sanlam LimitedSLA64.7467.624.45%
Santam LimitedSNM274.68275.940.46%
Vukile Property Fund LimitedVKN12.8712.900.23%
Investec LimitedIVD106.15110.073.69%
PSG Konsult LimitedKFS13.2713.562.19%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD334.42329.59-1.44%
New Gold Palladium ETFNGNPLD210.64213.181.21%
New Gold Platinum ETF NNGNPLT164.66162.97-1.03%
Satrix S&P Namibia Bond ETF)SXNNAM19.5119.510.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.03
EUR/NAD20.19
GBP/NAD23.40
EUR/GBP0.86
EUR/USD1.06
GBP/USD1.22
AUD/USD0.64
USD/JPY148.85
Commodities @ 07:00 
Gold1,872.70
Silver21.95
Platinum892.10
Palladium1,178.78
WTI86.22
Brent87.93

Table 5: Exchange Rates and Commodities 

Local News

Namibia has no immediate plans to delink its currency from the South Africa rand, as this would have a devastating impact on the domestic economy, the Bank of Namibia recently said (Sun Newspaper)

The Africa Hospitality Investment Forum (AHIF), the premier tourism and hotel investment conference in Africa, attracting prominent international hotel owners, investors, financiers, management companies and advisers, is scheduled to take place in Namibia from 25 to 27 June 2024. (New Era Newspaper)

The Bank of Namibia has decided to take on the sole role of the licensing and regulation of payment service providers. (The Namibian Newspaper)

Sub-Sahara News

Just seven months after the launch of PayShap, SA’s first interoperable, real-time payments rail, the fees being charged by banks to use the system are coming under scrutiny. (News24)

South Africa’s population grew to 62.0 million people last year from 51.8 million in 2011, census data from the statistics agency showed on Tuesday. (CNBC Africa)

The African Union (AU) and African presidents and foreign ministers are calling for an end to the fighting between Israel and Hamas militants from Gaza which broke out on Saturday October 7, 2023.. (AllAfrica News)

International News

Israel vowed to escalate its response to an attack by the Palestinian militant group Hamas with a ground offensive, while U.S. President Biden pledged support for Israel, confirmed Americans are being held hostage by Hamas and issued a warning to anyone who might seek to take advantage of the situation (Reuters News)

European stocks reversed early losses to turn higher on Wednesday, as investors reacted to a slew of economic data and European Central Bank (ECB) President Lagarde’s speech at a conference in Frankfurt. (RTT News)

Jamal is sheltering in a classroom of a school run by UNRWA — the United Nations Relief and Works Agency for Palestine Refugees in the Near East — after his entire neighbourhood was blown up by Israeli missiles. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2022
This is the right footer