NSX DAILY UPDATE (05 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,306,553.00 28,475,153.31100.00%
ETFs –   –  0.00%
Total 1,306,553.00 28,475,153.31100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 28,475,153.31 worth of shares was traded on the NSX on Thursday with about N$ 1,240,076 worth of shares belonging to Anglo-American plc` and N$ 529,988 worth of shares belonging to Shoprite Holdings. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American increasing the company’s stock value by 0.6% at the closing.
  • Shoprite shares were traded by market participants, resulting in an increase in share price by 0.9%  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%
CapricornCGP16.4216.420.00%
First Rand NamibiaFNB49.0049.000.00%
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

­­

NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM500.00503.140.63%
B2Gold CorporationB2G54.7854.61-0.31%
Oceana Group LimitedOCG75.0075.000.00%
TruworthsTRW74.9072.68-2.96%
Nedbank Group LimitedNBK195.45197.230.91%
Standard Bank GroupSNB181.79185.161.85%
Shoprite Holdings SRH238.00240.130.89%
Firstrand LimitedFST62.3663.201.35%
Momentum Metropolitan HoldingsMMT18.9519.151.06%
Old Mutual LtdOMM11.9311.990.50%
Sanlam LimitedSLA64.7165.731.58%
Santam LimitedSNM275.84280.161.57%
Vukile Property Fund LimitedVKN12.8512.76-0.70%
Investec LimitedIVD105.00107.562.44%
PSG Konsult LimitedKFS13.0713.352.14%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD327.60330.740.96%
New Gold Palladium ETFNGNPLD217.35217.04-0.14%
New Gold Platinum ETF NNGNPLT160.85162.090.77%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.51-0.76%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.56
EUR/NAD20.61
GBP/NAD23.80
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.21
AUD/USD0.63
USD/JPY148.83
Commodities @ 07:00 
Gold1,834.55
Silver21.08
Platinum860.40
Palladium1,142.50
WTI82.38
Brent84.08

Table 5: Exchange Rates and Commodities 

Local News

Deputy finance minister Maureen Hinda-Mbuende says CEOs of public enterprises should be given longer contracts to help them better manage the institutions they lead (Sun Newspaper)

Diamond processing and exports, increased consumption in wholesale and retail trade and tourism are anticipated to be the main driving forces behind Namibia’s continued economic recovery. The latest forecasts indicate the domestic economy is expected to grow by 3.5% this year. (New Era Newspaper)

Nampower managing director Simson Haulofu says no one has been held accountable for the disappearance of N$8 million worth of equipment at the company. (The Namibian Newspaper)

Sub-Sahara News

Transnet Freight Rail CEO Sizakele Mzimela announced her resignation in a letter to staff on Thursday morning. Mere hours later, she presented to the mining industry at the Joburg Indaba in Sandton. (News24)

After five failed attempts to become World Cup hosts, Wednesday’s announcement that Morocco will share the honours with Spain and Portugal in 2030 will lift spirits in the north African country a month after the devastating earthquake that killed nearly 3,000 people. (CNBC Africa)

In guidelines issued to national and provincial departments on 31 August, the National Treasury pointed to an “exceptionally large” drop in tax revenue of R22-billion for the first five months of the year. (AllAfrica News)

International News

The United States on Thursday shot down an armed Turkish drone that was operating near its troops in Syria, the Pentagon said, the first time Washington has brought down an aircraft of NATO ally Turkey. (Reuters News)

Asian stocks ended mostly higher on Friday, with Hong Kong leading regional gains. Trading volumes were thin due to holidays in mainland China and South Korea (RTT News)

Former United States President Donald Trump shared classified information about US nuclear submarines with a billionaire Australian businessman shortly after he left office, in a meeting at his Florida private members club, Mar-a-Lago, US media have reported. (Aljazeera News)

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