NSX DAILY UPDATE (26 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 30,631.00 1,437,327.00100.00%
ETFs –   –  0.00%
Total 30,631.00 1,437,327.00100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 1,437,327.00 worth of shares was traded on the NSX on Thursday with about N$1,310,917 worth of shares belonging to Firstrand Limited and N$ 126,410 worth of shares belonging to PSG Financial Services Ltd. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Firstrand Limited resulting in a decrease in the company’s stock value by 0.9% at closing.
  • PSG Financial Services shares were traded by market participants, resulting in a slight decline in share price by 0.1% at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS32.0032.000.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO7.587.580.00%
Oryx LimitedORY12.4712.470.00%
Letshego  LHN3.903.900.00%
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 plcANM478.70479.920.25%
B2Gold CorporationB2G62.8662.04-1.30%
Oceana Group LimitedOCG72.7870.00-3.82%
TruworthsTRW72.2972.00-0.40%
Nedbank Group LimitedNBK198.70198.44-0.13%
Standard Bank GroupSNB184.56183.82-0.40%
Shoprite Holdings SRH240.28241.770.62%
Firstrand LimitedFST61.3960.82-0.93%
Momentum Metropolitan HoldingsMMT20.4620.27-0.93%
Old Mutual LtdOMM11.9411.83-0.92%
Sanlam LimitedSLA67.2166.15-1.58%
Santam LimitedSNM272.85269.60-1.19%
Vukile Property Fund LimitedVKN12.3512.06-2.35%
Investec LimitedIVD102.04100.34-1.67%
PSG Konsult LimitedKFS14.0314.02-0.07%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD350.46349.23-0.35%
New Gold Palladium ETFNGNPLD209.15207.13-0.97%
New Gold Platinum ETF NNGNPLT165.41164.46-0.57%
Satrix S&P Namibia Bond ETF)SXNNAM19.8019.800.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.91
EUR/NAD19.98
GBP/NAD22.94
EUR/GBP0.87
EUR/USD1.05
GBP/USD1.21
AUD/USD0.63
USD/JPY150.11
Commodities @ 07:00 
Gold1,998.70
Silver23.02
Platinum917.10
Palladium1,147.50
WTI84.65
Brent89.44

Table 5: Exchange Rates and Commodities 

Local News

Foreigners will no longer be allowed to participate in five identified sectors, while those participating in five other listed sectors may only do so from a set investment threshold… (Sun Newspaper)

Bank Windhoek’s executive officer of retail banking services and specialist finance James Chapman said the BRICS alliance nations have shown remarkable resilience in facing challenges, adapting and prospering in an ever-changing world… (New Era Newspaper)

Senior officials at the government’s central medical stores have requested that the procurement threshold be moved up from N$25 million to N$500 million to meet present demands and improve service delivery… (The Namibian Newspaper)

Sub-Sahara News

A recovery plan aims to turn around Transnet’s operations quickly – but it hinges on a government bailout… (News24)

South Africa’s social relief grant is likely to be extended beyond next March, economists said, which may add an unbudgeted 50 billion rand ($2.6 billion) to state expenses and require difficult trade-offs before an election year… (CNBC Africa)

The United Nations is on the cusp of negotiating an international tax convention to tackle inequality and tax abuse, but transparency advocates say some wealthy countries are “dragging their feet.”(AllAfrica News)

International News

Two U.S. fighter jets struck weapons and ammunition facilities in Syria on Friday in retaliation for attacks on U.S. forces by Iranian-backed militia as concerns grew that the Israel-Hamas conflict may spread in the Middle East… (Reuters News)

Asian stocks tumbled on Friday as escalating Middle East tensions and a continued surge in oil prices clouded the outlook for global economic growth. Gold scaled a three-month peak on safe-haven bids amid fears of the Israel-Hamas war…(RTT News)

The Palestinian envoy to the United Nations has implored member states to vote to end the Israeli bombardment of the Gaza Strip and to increase aid deliveries to the 2.3 million Palestinians living in the besieged territory…(Aljazeera News)

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