NSX DAILY UPDATE (02 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 44,876.00 1,776,471.41100.00%
ETFs –   –  0.00%
Total 44,876.00 1,776,471.41100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 1,776,471.41 worth of shares was traded on the NSX on Monday with about N$ 126,669 worth of shares belonging to Anglo-American plc` and N$ 193,756 worth of shares belonging to Capricorn Group Limited. No ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American decreasing the company’s stock value by 1.6% at the closing.
  • Capricorn Group Limited shares were traded by market participants, resulting in an increase in share price by 0.1% at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.5936.590.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.4116.420.06%
First Rand NamibiaFNB49.0149.00-0.02%
Standard Bank NamibiaSNO7.567.560.00%
Oryx LimitedORY12.5012.500.00%
Letshego  LHN3.883.880.00%
Namibia Asset ManagementNAME0.690.690.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7412.740.00%
Mobile Telecommunication CompanyMOC7.157.150.00%
Alpha Namibia Industries Renewable Power LimitedANE8.998.990.00%

Table 2: Primary listed Trades

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NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM525.27516.82-1.61%
B2Gold CorporationB2G54.5754.26-0.57%
Oceana Group LimitedOCG75.5075.600.13%
TruworthsTRW76.5075.84-0.86%
Nedbank Group LimitedNBK202.33197.66-2.31%
Standard Bank GroupSNB183.72180.82-1.58%
Shoprite Holdings SRH239.84237.02-1.18%
Firstrand LimitedFST63.8662.71-1.80%
Momentum Metropolitan HoldingsMMT19.7619.67-0.46%
Old Mutual LtdOMM12.0611.92-1.16%
Sanlam LimitedSLA65.6764.49-1.80%
Santam LimitedSNM301.94296.72-1.73%
Vukile Property Fund LimitedVKN13.1013.190.69%
Investec LimitedIVD108.92104.37-4.18%
PSG Konsult LimitedKFS13.1012.85-1.91%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD331.00326.56-1.34%
New Gold Palladium ETFNGNPLD230.56230.930.16%
New Gold Platinum ETF NNGNPLT165.38166.180.48%
Satrix S&P Namibia Bond ETF)SXNNAM19.8120.000.96%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.29
EUR/NAD20.18
GBP/NAD23.27
EUR/GBP0.86
EUR/USD1.04
GBP/USD1.20
AUD/USD0.63
USD/JPY149.91
Commodities @ 07:00 
Gold1,858.55
Silver21.24
Platinum877.30
Palladium1,204.28
WTI88.10
Brent89.77

Table 5: Exchange Rates and Commodities 

Local News

The International Monetary Fund (IMF) says Namibia’s real GDP grew by 4.6% in 2022, with continued expansion expected at a rate of 3.2% this year, which is poised to surpass pre-pandemic levels. (Sun Newspaper)

Bricklaying of Africa’s first public green hydrogen refuelling station commenced last week Thursday, with Finance and Public Enterprises’ minister Iipumbu Shiimi officiating at the event. The project is being implemented by Cleanergy Solutions Namibia, a joint venture between the Ohlthaver & List (O&L) Group and CMB.TECH (New Era Newspaper)

French global multi-energy company TotalEnergies, which made oil and gas discoveries off-shore Namibia in 2022, has confirmed positive appraisal results from its Venus-1A well and a “positive flow test” at its Venus-1X well. (The Namibian Newspaper)

Sub-Sahara News

All eyes are on the talismanic Sean Summers and whether he can turn around Pick n Pay and take the fight to Shoprite – widely considered the main beneficiary of the 55-year-old retailer’s core supermarket brand losing its way (News24)

A former Nigerian oil minister appeared in court in London on Monday charged with receiving bribes in the form of cash, luxury goods, flights on private jets and the use of high-end properties in Britain in return for awarding oil contracts. (CNBC Africa)

The World Health Organization (WHO) has recommended a new, inexpensive malaria vaccine to prevent malaria in children that can be produced on a massive scale. (AllAfrica News)

International News

A defiant Donald Trump attacked New York’s attorney general and the judge overseeing his civil fraud trial as it began on Monday, with a state lawyer accusing the former president of generating more than $100 million by lying about his real estate empire. (Reuters News)

European stocks fell broadly on Tuesday as investors continued to fret about stubbornly higher interest rates and a weakening Chinese economy. (RTT News)

A football match between Saudi and Iranian teams in the Asian Champions League has been called off due to the presence of a statue of former Iranian Major General Qassem Soleimani at the entrance of the field. (Aljazeera News)

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