NSX DAILY UPDATE (01 NOVEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 87,928.00 2,988,760.83100.00%
ETFs –   –  0.00%
Total 87,928.00 2,988,760.83100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 2,988,760.83 worth of shares was traded on the NSX on Wednesday with about N$ 172,375 worth of shares belonging to Oceana Group Limited and N$ 46,753 worth of shares belonging to SBN Holdings Ltd. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Oceana Group Limited resulting in a decrease in the company’s stock value by 0.1% at closing.
  • SBN Holdings Ltd shares were traded by market participants, resulting in a significant increase in share price by 5.3% at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS31.9931.990.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO7.608.005.26%
Oryx LimitedORY12.4512.450.00%
Letshego  LHN3.903.900.00%
Namibia Asset ManagementNAME0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7212.720.00%
Mobile Telecommunication CompanyMOC7.187.190.14%
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 plcANM476.59474.80-0.38%
B2Gold CorporationB2G61.0359.77-2.06%
Oceana Group LimitedOCG69.2069.10-0.14%
TruworthsTRW75.5076.000.66%
Nedbank Group LimitedNBK200.57201.220.32%
Standard Bank GroupSNB182.89182.37-0.28%
Shoprite Holdings SRH238.83239.580.31%
Firstrand LimitedFST61.4462.231.29%
Momentum Metropolitan HoldingsMMT20.9721.181.00%
Old Mutual LtdOMM11.8512.041.60%
Sanlam LimitedSLA65.3765.840.72%
Santam LimitedSNM273.09282.003.26%
Vukile Property Fund LimitedVKN12.4312.611.45%
Investec LimitedIVD101.97103.271.27%
PSG Konsult LimitedKFS14.4614.45-0.07%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD347.88343.67-1.21%
New Gold Palladium ETFNGNPLD203.60203.990.19%
New Gold Platinum ETF NNGNPLT168.87165.96-1.72%
Satrix S&P Namibia Bond ETF)SXNNAM19.8019.800.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.49
EUR/NAD19.59
GBP/NAD22.52
EUR/GBP0.87
EUR/USD1.05
GBP/USD1.21
AUD/USD0.64
USD/JPY150.44
Commodities @ 07:00 
Gold1,992.90
Silver22.95
Platinum935.35
Palladium1,115.53
WTI81.15
Brent85.32

Table 5: Exchange Rates and Commodities 

Local News

Another 26 000 metric tonnes of lithium ore will be loaded onto the Da Liang cargo ship from next Wednesday… (Sun Newspaper)

A soaring public debt bill, underperforming State-owned entities, and a need to urgently diversify the domestic economy were some of the main concerns that emerged at yesterday’s tabling of the mid-year budget review… (New Era Newspaper)

The European Union (EU) is refuting claims of secrecy surrounding its partnership agreement with the Organisation of African, Caribbean and Pacific States (OACPS), asserting that an agreement has been accessible to the public on their official website… (The Namibian Newspaper)

Sub-Sahara News

The Treasury has cut this year’s budget allocations by R21 billion with another R120 billion in cuts to follow in the two years after… (News24)

South Africa’s hopes for a raft of new power projects to help it out of a crippling energy crisis are fading, with investment still elusive as an already extended funding deadline looms, government officials… (CNBC Africa)

Authorities in Gabon have launched a legal battle to get back a precious wooden mask used in secret ceremonies by the Fang ethnic group, which was brought to France in colonial times and sold at auction earlier this year for €4.2 million… (AllAfrica News)

International News

More foreigners prepared to leave the besieged Gaza Strip on Thursday as its Hamas-run government said at least 195 Palestinians died in Israeli attacks on the Jabalia refugee camp, strikes that Israel said had killed Hamas commanders… (Reuters News)

Asian stocks declined on Thursday, tracking steep losses on Wall Street overnight on surging bond yields and mixed earnings news.… (RTT News)

A rhythmic beep accompanies the mechanical ventilator as it breathes oxygen into a premature baby’s lungs. The thin tube stretching from an oxygen tank pumps life into her fragile body, as a monitor tracks the feeble thump of her heart.… (Aljazeera News)

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