NSX DAILY UPDATE (13 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 78,805.00 3,854,603.1697.19%
ETFs 331.00 111,444.392.81%
Total 79,136.00 3,966,047.55100.00%

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
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.5936.590.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO7.567.560.00%
Oryx LimitedORY12.4912.490.00%
Letshego  LHN3.883.880.00%
Namibia Asset ManagementNAME0.700.700.00%
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 plcANM521.46517.46-0.77%
B2Gold CorporationB2G58.9158.62-0.49%
Oceana Group LimitedOCG73.4772.06-1.92%
TruworthsTRW74.4874.490.01%
Nedbank Group LimitedNBK204.87203.64-0.60%
Standard Bank GroupSNB188.31187.30-0.54%
Shoprite Holdings SRH243.50237.09-2.63%
Firstrand LimitedFST61.2060.86-0.56%
Momentum Metropolitan HoldingsMMT20.6620.63-0.15%
Old Mutual LtdOMM12.6412.55-0.71%
Sanlam LimitedSLA68.2468.250.01%
Santam LimitedSNM292.00283.58-2.88%
Vukile Property Fund LimitedVKN12.8412.75-0.70%
Investec LimitedIVD110.76108.37-2.16%
PSG Konsult LimitedKFS13.8713.900.22%

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/NAD18.97
EUR/NAD19.97
GBP/NAD23.07
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.21
AUD/USD0.63
USD/JPY149.47
Commodities @ 07:00 
Gold1,928.95
Silver22.74
Platinum884.40
Palladium1,154.28
WTI86.15
Brent90.67

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)

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