NSX DAILY UPDATE (08 NOVEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 453,318.00 7,216,120.63100.00%
ETFs –   –  0.00%
Total 453,318.00 7,216,120.63100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 7,216,120.63 worth of shares was traded on the NSX on Wednesday with about N$619,189 worth of shares belonging to Anglo-American plc and N$ 459,199 worth of shares belonging to Namibia Breweries. No ETFs were traded on Wednesday

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 0.3% at closing.
  • Namibia Breweries shares were traded by market participants, resulting in an incline in share price by 0.09% at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS31.9732.000.09%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB49.9949.990.00%
Standard Bank NamibiaSNO8.007.91-1.13%
Oryx LimitedORY12.4412.440.00%
Letshego  LHN3.903.900.00%
Namibia Asset ManagementNAME0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7212.720.00%
Mobile Telecommunication CompanyMOC7.197.190.00%
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 plcANM483.26484.490.25%
B2Gold CorporationB2G60.9159.49-2.33%
Oceana Group LimitedOCG68.7467.88-1.25%
TruworthsTRW80.0178.28-2.16%
Nedbank Group LimitedNBK206.50209.371.39%
Standard Bank GroupSNB189.63191.210.83%
Shoprite Holdings SRH243.19249.612.64%
Firstrand LimitedFST62.3062.991.11%
Momentum Metropolitan HoldingsMMT21.3321.872.53%
Old Mutual LtdOMM11.9112.031.01%
Sanlam LimitedSLA67.7168.531.21%
Santam LimitedSNM276.92281.411.62%
Vukile Property Fund LimitedVKN13.1513.14-0.08%
Investec LimitedIVD105.97112.185.86%
PSG Konsult LimitedKFS14.7614.780.14%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD335.54337.310.53%
New Gold Palladium ETFNGNPLD188.18185.47-1.44%
New Gold Platinum ETF NNGNPLT158.85155.84-1.89%
Satrix S&P Namibia Bond ETF)SXNNAM19.6519.830.92%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.47
EUR/NAD19.77
GBP/NAD22.69
EUR/GBP0.87
EUR/USD1.07
GBP/USD1.22
AUD/USD0.64
USD/JPY150.97
Commodities @ 07:00 
Gold1,954.40
Silver22.50
Platinum875.45
Palladium1,048.03
WTI75.39
Brent79.61

Table 5: Exchange Rates and Commodities 

Local News

The City of Windhoek has emphasized a frequent concern about weekly water consumption levels, which exceeded the target by 27% during the first week of November… (Sun Newspaper)

Namibia is set to be the first country in the world to produce iron using renewable energy… (New Era Newspaper)

The National Fishing Corporation of Namibia (Fishcor) has asked the government for a financial bailout, expressing fears that its operations could be crippled by a lack of money… (The Namibian Newspaper)

Sub-Sahara News

The chairperson of Transnet Andile Sangqu says that Transnet’s debt burden is too much for it to bear… (News24)

Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank should hold interest rates at or near record highs through next year to extinguish price pressures, the International Monetary Fund said on Wednesday…. (CNBC Africa)

President Bola Tinubu, on Wednesday, signed the N2.17 trillion 2023 Supplementary Budget, which was recently passed by the National Assembly… (AllAfrica News)

International News

Street battles raged in Gaza City with Hamas fighters using tunnels to ambush Israeli forces, as the United States said Palestinians must govern Gaza post-war, countering Israeli comments that it would control security indefinitely… (Reuters News)

European stocks are likely to open higher on Thursday as the focus shifts to the Bank of England’s policy meeting later in the day and Friday’s U.S. employment report… (RTT News)

In an interview with Al Jazeera, a Spanish minister has called on the international community to sanction Israel, which she accused of a “planned genocide” of Palestinians in Gaza… (Aljazeera News)

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