NSX DAILY UPDATE (09 NOVEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,923,818.00 24,269,358.7399.07%
ETFs 675.00 227,031.120.93%
Total 1,924,493.00 24,496,389.85100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 24,269,358.73 worth of shares was traded on the NSX on Thursday with about N$ 99,903 worth of shares belonging to Anglo-American plc and N$11,287,687 worth of shares belonging to SBN Holdings Ltd. ETFs worth N$ 227,031.12 were traded on Thursday.

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 1.57% at closing.
  • SBN Holdings shares were traded by market participants, resulting in an incline in share price by 6.83% at closing
  • New Gold Issuer Ltd NM ETF positions were subscribed by market participants
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS32.0031.99-0.03%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB49.9949.990.00%
Standard Bank NamibiaSNO7.918.456.83%
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 CompanyMOC7.197.200.14%
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 plcANM484.49476.86-1.57%
B2Gold CorporationB2G59.4957.18-3.88%
Oceana Group LimitedOCG67.8865.32-3.77%
TruworthsTRW78.2875.34-3.76%
Nedbank Group LimitedNBK209.37207.48-0.90%
Standard Bank GroupSNB191.21191.580.19%
Shoprite Holdings SRH249.61246.50-1.25%
Firstrand LimitedFST62.9963.080.14%
Momentum Metropolitan HoldingsMMT21.8721.78-0.41%
Old Mutual LtdOMM12.0312.040.08%
Sanlam LimitedSLA68.5368.970.64%
Santam LimitedSNM281.41277.24-1.48%
Vukile Property Fund LimitedVKN13.1413.06-0.61%
Investec LimitedIVD112.18112.790.54%
PSG Konsult LimitedKFS14.7814.800.14%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD337.31337.700.12%
New Gold Palladium ETFNGNPLD185.47182.60-1.55%
New Gold Platinum ETF NNGNPLT155.84155.09-0.48%
Satrix S&P Namibia Bond ETF)SXNNAM19.8319.880.25%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.65
EUR/NAD19.90
GBP/NAD22.81
EUR/GBP0.87
EUR/USD1.06
GBP/USD1.22
AUD/USD0.63
USD/JPY151.39
Commodities @ 07:00 
Gold1,960.65
Silver22.72
Platinum860.55
Palladium977.00
WTI76.03
Brent80.38

Table 5: Exchange Rates and Commodities 

Local News

Prime Minister Saara Kuugongelwa-Amadhila says the government’s proposed New Equitable Economic Empowerment Bill (NEEEB) is misunderstood… (Sun Newspaper)

After opening its taps to citizens two years ago in response to the demand for water to help combat a global pandemic, the City of Windhoek is now facing a significant spike in bad debt… (New Era Newspaper)

Several players in the Namibian housing market have welcomed the decision by the Bank of Namibia to scrap deposit payments for second-time homeowners, saying the move was long overdue… (The Namibian Newspaper)

Sub-Sahara News

At the start of what is supposed to be a bumper export fruit season, Cape Town’s port performance has reached its worst point since the pandemic… (News24)

Kenya will in December pay back $300 million of a $2 billion Eurobond that falls due next June, President William Ruto said on Thursday…. (CNBC Africa)

President Cyril Ramaphosa has approved the deployment of 3,300 army personnel, under “Operation Prosper”, to combat illegal mining activities, at an estimated cost of R492 million (about U.S$26 million) …. (AllAfrica News)

International News

Gaza officials said Israel launched air strikes on or near at least three hospitals on Friday, further endangering a health system swamped with thousands of casualties and people displaced by Israel’s war against Hamas in the Palestinian enclave… (Reuters News)

European stocks are seen opening mostly higher on Friday despite Apple offering a cautious outlook for revenue from Mac, iPad, and Wearables categories in the current quarter.… (RTT News)

When Israeli bombs began pummelling the once-bustling streets of Gaza City, Diana Tarazi and her family fled to the Holy Family Church, the only Roman Catholic place of worship in the Gaza Strip…. (Aljazeera News)

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