NSX DAILY UPDATE (07 NOVEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 253,734.00 6,865,319.7498.87%
ETFs 307.00 78,231.781.13%
Total 254,041.00 6,943,551.52100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 6,865,319.74 worth of shares was traded on the NSX on Tuesday with about N$ 971,517 worth of shares belonging to Anglo-American plc and N$ 18,946 worth of shares belonging to Shoprite Holdings. ETFs worth N$ 78,231.78 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American resulting in a decrease in the company’s stock value by -4.6%% at closing.
  • Shoprite Holdings shares were traded by market participants, resulting in a decline in share price by 3.4% at closing
  • New Gold Platinum ETF N & New Gold Issuer Ltd NM ETF positions were sold off by market participants
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS31.9731.970.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB49.9949.990.00%
Standard Bank NamibiaSNO8.008.000.00%
Oryx LimitedORY12.4412.440.00%
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 plcANM506.40483.26-4.57%
B2Gold CorporationB2G60.8360.910.13%
Oceana Group LimitedOCG68.6668.740.12%
TruworthsTRW82.8480.01-3.42%
Nedbank Group LimitedNBK210.02206.50-1.68%
Standard Bank GroupSNB193.97189.63-2.24%
Shoprite Holdings SRH246.64243.19-1.40%
Firstrand LimitedFST64.6062.30-3.56%
Momentum Metropolitan HoldingsMMT22.1221.33-3.57%
Old Mutual LtdOMM12.3011.91-3.17%
Sanlam LimitedSLA69.2367.71-2.20%
Santam LimitedSNM281.82276.92-1.74%
Vukile Property Fund LimitedVKN13.0413.150.84%
Investec LimitedIVD107.62105.97-1.53%
PSG Konsult LimitedKFS15.0914.76-2.19%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD337.80335.54-0.67%
New Gold Palladium ETFNGNPLD197.11188.18-4.53%
New Gold Platinum ETF NNGNPLT162.42158.85-2.20%
Satrix S&P Namibia Bond ETF)SXNNAM19.8019.65-0.76%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.37
EUR/NAD19.63
GBP/NAD22.56
EUR/GBP0.87
EUR/USD1.06
GBP/USD1.22
AUD/USD0.64
USD/JPY150.66
Commodities @ 07:00 
Gold1,973.20
Silver22.52
Platinum895.80
Palladium1,035.78
WTI77.14
Brent81.55

Table 5: Exchange Rates and Commodities 

Local News

The World Bank yesterday advised Namibia to strike a balance between developing her green hydrogen ambitions and growing existing industries… (Sun Newspaper)

Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted approval to resume exploration in the northeast of the country… (New Era Newspaper)

Namibia has witnessed the groundbreaking ceremony of what will be the first carbon-neutral iron ore mine in the world… (The Namibian Newspaper)

Sub-Sahara News

Transnet survived a R7 billion debt redemption this week, with the PIC rolling over R4,4 billion of debt granting it four months grace to make the final repayment… (News24)

Big hikes in the minimum wage planned in central Europe for next year raise the risk of more persistent inflation or job losses amid relatively weak productivity growth across the region, the International Monetary Fund (IMF) has warned…. (CNBC Africa)

The White House has named Ghanaian-American Deniece Laurent-Mantey as executive director of the President’s Advisory Council on African Diaspora Engagement in the United States… (AllAfrica News)

International News

Israel’s ground forces in the Gaza Strip aimed on Wednesday to locate and disable Hamas militants’ vast tunnel network beneath the enclave, the next phase in an Israeli offensive that has killed thousands of Palestinians… (Reuters News)

European stocks may open higher on Wednesday, even as the upside may remain capped ahead of the Federal Reserve’s rate decision later in the day … (RTT News)

US President Joe Biden does not support an Israeli military occupation of the Gaza Strip after the Israel-Hamas war ends, a White House spokesman has said… (Aljazeera News)

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