MSX DAILY UPDATE (24 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 956,776.00 41,793,834.5198.89%
ETFs 1,490.00 470,658.541.11%
Total 958,266.00 42,264,493.05100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 41,793,834.51 worth of shares was traded on the NSX on Tuesday with about N$ 4,157,325 worth of shares belonging to Anglo-American plc and N$ 15,840 worth of shares belonging to Namibia Breweries. ETFs worth N$ 470,658.54 were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Anglo-American resulting in an increase in the company’s stock value by 2.5% at closing.
  • Namibia Breweries shares were traded by market participants, resulting in a significant decline in share price by 9.54% at closing
  • New Gold Issuer Ltd NM and New Gold Platinum ETF N were traded by investors.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.4833.00-9.54%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO7.577.570.00%
Oryx LimitedORY12.4712.470.00%
Letshego  LHN3.893.890.00%
Namibia Asset ManagementNAME0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7212.720.00%
Mobile Telecommunication CompanyMOC7.187.180.00%
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 plcANM470.01481.982.55%
B2Gold CorporationB2G63.4662.89-0.90%
Oceana Group LimitedOCG73.2072.35-1.16%
TruworthsTRW71.5071.520.03%
Nedbank Group LimitedNBK200.73200.58-0.07%
Standard Bank GroupSNB186.48187.170.37%
Shoprite Holdings SRH236.89237.940.44%
Firstrand LimitedFST60.8260.60-0.36%
Momentum Metropolitan HoldingsMMT20.3020.571.33%
Old Mutual LtdOMM11.7711.860.76%
Sanlam LimitedSLA65.7866.350.87%
Santam LimitedSNM270.52272.090.58%
Vukile Property Fund LimitedVKN12.4812.500.16%
Investec LimitedIVD103.85103.16-0.66%
PSG Konsult LimitedKFS13.9314.101.22%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD348.37347.66-0.20%
New Gold Palladium ETFNGNPLD205.36205.970.30%
New Gold Platinum ETF NNGNPLT163.51162.29-0.75%
Satrix S&P Namibia Bond ETF)SXNNAM19.5119.660.77%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.03
EUR/NAD20.17
GBP/NAD23.16
EUR/GBP0.87
EUR/USD1.06
GBP/USD1.21
AUD/USD0.63
USD/JPY149.83
Commodities @ 07:00 
Gold1,984.30
Silver23.07
Platinum891.55
Palladium1,132.03
WTI83.47
Brent87.79

Table 5: Exchange Rates and Commodities 

Local News

Hundreds of workers at Rosh Pinah Zinc Corporation face serious health consequences from lead exposure – despite mine bosses saying various measures have been put in place to help them. (Sun Newspaper)

Former national airline employees are still vying for their hard-earned pensions some three years after the country officially bid farewell to the national flag carrier, following the government’s decision to proceed with the airline’s voluntary liquidation. (New Era Newspaper)

The mining commissioner in the Ministry of Mines and Energy, Isabella Chirchir, has requested the Erongo regional police to halt Xinfeng Investment and other trucks transporting unprocessed crushed lithium ore from the Kohero mine near Omaruru. (The Namibian Newspaper)

Sub-Sahara News

A turnaround plan prepared by the board of Transnet calls for an R47 billion equity injection and R61 billion in debt relief (News24)

Ghana is looking to boost its oil and gas production by selling more exploration rights, aiming to avoid leaving valuable fossil fuels in the ground and generate revenue to fund its energy transition, a Ghanaian official said on Tuesday. (CNBC Africa)

A class action lawsuit has been filed against nine Anglo American Group companies, including three under Thungela Resources, on behalf of coal miners suffering from lung disease, such as coal mine dust lung disease (CMDLD) and chronic obstructive pulmonary disease (COPD) (AllAfrica News)

International News

The United States and Russia led international calls for a pause in fighting between Israel and Hamas to allow aid into the besieged Gaza Strip, as Israel maintained its bombardment of the enclave where Palestinians are living in harrowing conditions. (Reuters News)

Asian stocks cut early losses to end mixed on Wednesday after a slew of Chinese data topped forecasts.. (RTT News)

The United Nations Security Council has held its first open debate on the Israel-Gaza war, with most members calling for an immediate ceasefire to allow humanitarian aid to reach Palestinians under relentless Israeli bombardment in Gaza. (Aljazeera News)

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