NSX DAILY UPDATE (12 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,996,939.00 90,422,405.3999.83%
ETFs 467.00 153,833.910.17%
Total 1,997,406.00 90,576,239.30100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 90,422,405.39 worth of shares was traded on the NSX on Thursday with about N$ 13,080,932 worth of shares belonging to Anglo-American plc` and N$ 415,000 worth of shares belonging to FirstRand Namibia Ltd. ETFs worth N$ 153,833.91 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American diminishing the company’s stock value by 1.2% at the closing.
  • FirstRand Namibia Ltd shares were traded by market participants, resulting in no change in share price at closing
  • New Gold Issuer Ltd NM ETF were subscribed by market participants
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.5936.590.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.4216.500.49%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO7.567.560.00%
Oryx LimitedORY12.4912.490.00%
Letshego  LHN3.883.880.00%
Namibia Asset ManagementNAME0.690.690.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7412.740.00%
Mobile Telecommunication CompanyMOC7.177.170.00%
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 plcANM527.99521.46-1.24%
B2Gold CorporationB2G58.1158.911.38%
Oceana Group LimitedOCG72.4973.471.35%
TruworthsTRW75.2874.48-1.06%
Nedbank Group LimitedNBK207.01204.87-1.03%
Standard Bank GroupSNB190.07188.31-0.93%
Shoprite Holdings SRH246.00243.50-1.02%
Firstrand LimitedFST62.9161.20-2.72%
Momentum Metropolitan HoldingsMMT20.6120.660.24%
Old Mutual LtdOMM12.5912.640.40%
Sanlam LimitedSLA68.6968.24-0.66%
Santam LimitedSNM287.73292.001.48%
Vukile Property Fund LimitedVKN13.1212.84-2.13%
Investec LimitedIVD111.14110.76-0.34%
PSG Konsult LimitedKFS13.7913.870.58%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD327.17330.210.93%
New Gold Palladium ETFNGNPLD211.62211.10-0.25%
New Gold Platinum ETF NNGNPLT160.09159.33-0.47%
Satrix S&P Namibia Bond ETF)SXNNAM19.4319.480.26%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.99
EUR/NAD20.03
GBP/NAD23.17
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.23
AUD/USD0.63
USD/JPY149.68
Commodities @ 07:00 
Gold1,889.65
Silver22.17
Platinum873.50
Palladium1,146.53
WTI83.75
Brent86.69

Table 5: Exchange Rates and Commodities 

Local News

Of the 52 000 hectares of irrigation potential in Namibia, only 11 000 hectares are currently under irrigation production countrywide, of which 5 640 hectares are at green scheme project (Sun Newspaper)

During yesterday’s parliamentary session, leader of the Landless People’s Movement (LPM) Bernadus Swartbooi questioned Minister of Finance and Public Enterprises Iipumbu Shiimi about N$1.3 billion that has allegedly gone missing at telecommunications giant, MTC. (New Era Newspaper)

Mines and energy minister Tom Alweendo has confirmed that test results have detected lead in the blood of 18 of 30 children living near the zinc mine at Rosh Pinah. (The Namibian Newspaper)

Sub-Sahara News

Sanral missed half its road targets in the past financial year and failed to meet the conditions of its Treasury bailout. Still, its chair earned more than double the amount of board fees paid to Transnet or Eskom’s chairpersons in 2022. (News24)

Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September, keeping inflation in the spotlight for policymakers. (CNBC Africa)

South Africa has close to 19 million citizens surviving on permanent government social grants and it’s costing the taxpayer more than R200 billion per year, reports News24. In addition, about 8.5 million recipients are receiving the R350 COVID-19 Social Relief of Distress (SRD) grant, incurring expenses of R30.2 billion for the 2022/23 financial year (AllAfrica News)

International News

Israel’s military on Friday called for all civilians of Gaza City, more than 1 million people, to relocate south within 24 hours, as it amassed tanks near the Gaza Strip ahead of an expected ground invasion. (Reuters News)

Asian stocks ended mixed on Friday as investors awaited U.S. nonfarm payrolls data due later in the day for additional clues to the economic and interest rate outlook. (RTT News)

Kindergarten teacher Anna’s school in the southern Lebanon village of Barich is closed for a week, but the mother of two sons isn’t celebrating the unexpected days off from work (Aljazeera News)

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