NSX DAILY UPDATE (02 NOVEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 327,536.00 20,369,056.6294.30%
ETFs 7,466.00 1,231,890.005.70%
Total 335,002.00 21,600,946.62100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 20,369,056.62 worth of shares was traded on the NSX on Thursday with about N$ 2,459,468 worth of shares belonging to Anglo-American plc and N$ 454,852 worth of shares belonging to Namibia Breweries. ETFs worth N$ 1,231,890.00 were traded on Thursday

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 2.7%% at closing.
  • Namibia Breweries shares were traded by market participants, resulting in a slight decrease in share price by 0.03% at closing
  • New Gold Platinum ETF N positions were sold by market players
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS31.9931.98-0.03%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO8.008.000.00%
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 CompanyMOC7.197.190.00%
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 plcANM474.80487.612.70%
B2Gold CorporationB2G59.7759.02-1.25%
Oceana Group LimitedOCG69.1069.500.58%
TruworthsTRW76.0079.855.07%
Nedbank Group LimitedNBK201.22209.524.12%
Standard Bank GroupSNB182.37190.574.50%
Shoprite Holdings SRH239.58252.505.39%
Firstrand LimitedFST62.2364.994.44%
Momentum Metropolitan HoldingsMMT21.1821.792.88%
Old Mutual LtdOMM12.0412.463.49%
Sanlam LimitedSLA65.8469.455.48%
Santam LimitedSNM282.00289.002.48%
Vukile Property Fund LimitedVKN12.6112.801.51%
Investec LimitedIVD103.27106.272.91%
PSG Konsult LimitedKFS14.4514.852.77%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD343.67340.20-1.01%
New Gold Palladium ETFNGNPLD203.99197.72-3.07%
New Gold Platinum ETF NNGNPLT165.96163.45-1.51%
Satrix S&P Namibia Bond ETF)SXNNAM19.8019.800.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.36
EUR/NAD19.52
GBP/NAD22.41
EUR/GBP0.87
EUR/USD1.06
GBP/USD1.22
AUD/USD0.64
USD/JPY150.27
Commodities @ 07:00 
Gold1,994.95
Silver22.77
Platinum933.95
Palladium1,126.03
WTI82.76
Brent87.08

Table 5: Exchange Rates and Commodities 

Local News

The annual growth in private sector credit extension (PSCE) slowed to 1.6%, year-on-year in September 2023, relative to the 2.3% at the end of August 2023… (Sun Newspaper)

The government has allocated N$8 million towards the Kalimbeza rice project in the Zambezi region, which has been on the brink of collapse to recoup its operations… (New Era Newspaper)

The minister of finance and public enterprises, Ipumbu Shiimi, has told parliament that the question of whether minors should be allowed to be shareholders in companies is a matter to be addressed by the Business and Intellectual Property Authority (Bipa) and not the Central Procurement Board of Namibia (CPBN)… (The Namibian Newspaper)

Sub-Sahara News

Trade, industry and competition minister Ebrahim Patel said on Thursday Africa needed more industrialization and beneficiation to take place on the continent so that it doesn’t just end up exporting “rocks” to other countries such as the US… (News24)

The Africa Export-Import Bank has added 11 African central banks to its flagship Pan- African Payment and Settlement System (PAPSS). It expects the rest to join by next year, a key step in its drive to cut costs and simplify trading across the region’s 55 territories… (CNBC Africa)

CARGO handled at Lake Victoria ports rose to 79,000 tonnes in the first quarter of this fiscal year, above the target of 77,000 tonnes, thanks to increased business operations among East African member states… (AllAfrica News)

International News

Israel said it had surrounded the Gaza Strip’s biggest city and the focus of its drive to annihilate Hamas, as the United States was set to press Prime Minister Benjamin Netanyahu to agree to pauses in fighting to allow aid into the Palestinian enclave… (Reuters News)

European stocks were mixed on Friday as weak earnings from the likes of Sanofi, Remy Cointreau and NatWest offset robust U.S. economic data released overnight… (RTT News)

On Monday, a peace activist from Be’er Sheva, in southern Israel, learned that his friend, Khalil Abu Yahia, a resident of the war-torn Gaza Strip, had been killed in an Israeli air strike… (Aljazeera News)

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