NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 78,805.00 | 3,854,603.16 | 97.19% |
ETFs | 331.00 | 111,444.39 | 2.81% |
Total | 79,136.00 | 3,966,047.55 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 3,854,603.16 worth of shares was traded on the NSX on Friday with about N$ 2,181,775 worth of shares belonging to Sanlam Limited and N$ 94,512 worth of shares belonging to Namibia Breweries. ETFs worth N$ 111,444.39 were traded on Friday
HEI Market Commentary
From the trading activity that took place:
- Market participants bought shares belonging to Sanlam Limited resulting in no change in the company’s stock value at closing.
- Namibia Breweries 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
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 36.59 | 36.59 | 0.00% |
Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
Capricorn | CGP | 16.50 | 16.50 | 0.00% |
First Rand Namibia | FNB | 50.00 | 50.00 | 0.00% |
Standard Bank Namibia | SNO | 7.56 | 7.56 | 0.00% |
Oryx Limited | ORY | 12.49 | 12.49 | 0.00% |
Letshego | LHN | 3.88 | 3.88 | 0.00% |
Namibia Asset Management | NAME | 0.70 | 0.70 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.74 | 12.74 | 0.00% |
Mobile Telecommunication Company | MOC | 7.17 | 7.17 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 8.99 | 8.99 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual-Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 521.46 | 517.46 | -0.77% |
B2Gold Corporation | B2G | 58.91 | 58.62 | -0.49% |
Oceana Group Limited | OCG | 73.47 | 72.06 | -1.92% |
Truworths | TRW | 74.48 | 74.49 | 0.01% |
Nedbank Group Limited | NBK | 204.87 | 203.64 | -0.60% |
Standard Bank Group | SNB | 188.31 | 187.30 | -0.54% |
Shoprite Holdings | SRH | 243.50 | 237.09 | -2.63% |
Firstrand Limited | FST | 61.20 | 60.86 | -0.56% |
Momentum Metropolitan Holdings | MMT | 20.66 | 20.63 | -0.15% |
Old Mutual Ltd | OMM | 12.64 | 12.55 | -0.71% |
Sanlam Limited | SLA | 68.24 | 68.25 | 0.01% |
Santam Limited | SNM | 292.00 | 283.58 | -2.88% |
Vukile Property Fund Limited | VKN | 12.84 | 12.75 | -0.70% |
Investec Limited | IVD | 110.76 | 108.37 | -2.16% |
PSG Konsult Limited | KFS | 13.87 | 13.90 | 0.22% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 327.17 | 330.21 | 0.93% |
New Gold Palladium ETF | NGNPLD | 211.62 | 211.10 | -0.25% |
New Gold Platinum ETF N | NGNPLT | 160.09 | 159.33 | -0.47% |
Satrix S&P Namibia Bond ETF) | SXNNAM | 19.43 | 19.48 | 0.26% |
Table 4: ETFs
Exchange Rates @ 07:00 | |
USD/NAD | 18.97 |
EUR/NAD | 19.97 |
GBP/NAD | 23.07 |
EUR/GBP | 0.86 |
EUR/USD | 1.05 |
GBP/USD | 1.21 |
AUD/USD | 0.63 |
USD/JPY | 149.47 |
Commodities @ 07:00 | |
Gold | 1,928.95 |
Silver | 22.74 |
Platinum | 884.40 |
Palladium | 1,154.28 |
WTI | 86.15 |
Brent | 90.67 |
Table 5: Exchange Rates and Commodities
Local News
Following the announcement of a vulnerability assessment analysis and the government’s decision to avail N$892.4 million to its drought-relief programme (Sun Newspaper)
Namibia is currently in demand due to the impact that green hydrogen has on the world, and the nation must have the same vision to attract investors. (New Era Newspaper)
The Cabinet turned down a proposal to bail out the National Petroleum Corporation (Namcor), which is in debt of over N$2 billion and faces potential liquidation. (The Namibian Newspaper)
Sub-Sahara News
One of Christo Wiese’s companies sold more than 3.8 million Shoprite shares for nearly R1 billion this week (News24)
The World Bank on Friday said it is bolstering collaboration with nine multilateral development banks (MDBs) to accelerate its vision of a liveable planet free of poverty. (CNBC Africa)
Transnet, the state-owned South African rail, port and pipeline company, says it has completed a turnaround plan (AllAfrica News)
International News
Global finance leaders’ paralysis in addressing the fallout from the Hamas attack and Israel’s response last week exposed deep geopolitical divisions hampering the International Monetary Fund and World Bank, even as they advanced new funding plans aimed at easing more frequent economic shocks (Reuters News)
European stocks traded lower on Monday amid fresh geopolitical crisis in the Middle East and lingering concerns about the outlook for U.S. interest rates. (RTT News)
Iran has warned Israel of regional escalation if the Israeli military enters Gaza for a ground invasion as the war with Hamas enters its second week (Aljazeera News)