NSX DAILY UPDATE (03 NOVEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 146,101.00 3,977,219.11100.00%
ETFs –   –  0.00%
Total 146,101.00 3,977,219.11100.00%

Table 1: NSX Trades

NSX Activities

A total of N$  3,977,219.11 worth of shares was traded on the NSX on Friday with about N$ 29,672 worth of shares belonging to Anglo-American plc and N$ 701,199 worth of shares belonging to Capricorn Group Limited. No ETFs were traded on Friday.

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 1.8%% at closing.
  • Capricorn Group shares were traded by market participants, resulting in no change in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS31.9831.980.00%
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 CompanyMOC7.197.18-0.14%
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 plcANM487.61496.471.82%
B2Gold CorporationB2G59.0259.110.15%
Oceana Group LimitedOCG69.5068.64-1.24%
TruworthsTRW79.8581.842.49%
Nedbank Group LimitedNBK209.52212.531.44%
Standard Bank GroupSNB190.57194.011.81%
Shoprite Holdings SRH252.50252.30-0.08%
Firstrand LimitedFST64.9965.851.32%
Momentum Metropolitan HoldingsMMT21.7922.191.84%
Old Mutual LtdOMM12.4612.43-0.24%
Sanlam LimitedSLA69.4569.500.07%
Santam LimitedSNM289.00285.48-1.22%
Vukile Property Fund LimitedVKN12.8013.062.03%
Investec LimitedIVD106.27107.140.82%
PSG Konsult LimitedKFS14.8514.71-0.94%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD340.20339.41-0.23%
New Gold Palladium ETFNGNPLD197.72196.24-0.75%
New Gold Platinum ETF NNGNPLT163.45163.580.08%
Satrix S&P Namibia Bond ETF)SXNNAM19.8019.800.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.23
EUR/NAD19.57
GBP/NAD22.57
EUR/GBP0.86
EUR/USD1.07
GBP/USD1.23
AUD/USD0.65
USD/JPY149.50
Commodities @ 07:00 
Gold1,990.95
Silver23.27
Platinum937.45
Palladium1,134.03
WTI80.97
Brent85.27

Table 5: Exchange Rates and Commodities 

Local News

Construction on Nampower’s planned 40 megawatt (MW) Otjikoto Biomass Power Station may commence in March or April next year. Namibia’s solar power sector is showing so much potential… (Sun Newspaper)

A draft law seeking changes to the Electoral Act was received with mixed feelings, with some MPs feeling some proposals give the president unfettered powers… (New Era Newspaper)

Finance Minister Iipumbu Shiimi must help his fellow government leaders to appreciate that ‘ROE’ does not mean ‘return on ego’ if he wants to reduce the flow of taxpayer funds to debt repayments and bailing out non-performing parastatals…,(The Namibian Newspaper)

Sub-Sahara News

Sanral, which has only spent half its budget to maintain and build non-toll roads for the past four consecutive years, blew millions last month, sending 29 officials to an international conference in Prague… (News24)

U.S. President Joe Biden’s administration wants to work with Congress to improve a U.S.-Africa trade pact, not just renew it without changes, U.S. Secretary of State Antony Blinken said on Friday…. (CNBC Africa)

Inequality in South Africa is high, whether measured by income or wealth. One of the results is that there’s acute public scrutiny of executive compensation…. (AllAfrica News)

International News

Having rebuffed calls for a ceasefire, Israel was set to come under sustained pressure on Monday to avoid civilian casualties during its assault on Gaza, while a U.S. diplomatic blitz in the region sought to reduce risks of the conflict escalating… (Reuters News)

European stocks may open on a mixed note on Monday amid easing U.S. rate concerns and reports of heavy bombardment going on throughout the night across Gaza … (RTT News)

The Palestinian Authority (PA) could return to power in the Gaza Strip only if a “comprehensive political solution” is found to the Israel-Palestine conflict, according to PA President Mahmoud Abbas … (Aljazeera News)

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