NSX DAILY UPDATE (16 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 2,932,992.00 188,619,436.87100.00%
ETFs –   –  0.00%
Total 2,932,992.00 188,619,436.87100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 188,619,436.87 worth of shares was traded on the NSX on Monday with about N$ 20,176,395 worth of shares belonging to Anglo-American plc and N$ 23,177,825 worth of shares belonging to Sanlam Limited. No ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Anglo-American resulting in an increase in the company’s stock value by 1.5% at closing.
  • Sanlam Limited shares were traded by market participants, resulting in a decline in share price by 1.4% at closing
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

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NameSouth African Dual-Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM517.46525.431.54%
B2Gold CorporationB2G58.6260.262.80%
Oceana Group LimitedOCG72.0672.690.87%
TruworthsTRW74.4974.620.17%
Nedbank Group LimitedNBK203.64206.031.17%
Standard Bank GroupSNB187.30187.630.18%
Shoprite Holdings SRH237.09238.250.49%
Firstrand LimitedFST60.8661.110.41%
Momentum Metropolitan HoldingsMMT20.6320.630.00%
Old Mutual LtdOMM12.5512.35-1.59%
Sanlam LimitedSLA68.2567.32-1.36%
Santam LimitedSNM283.58282.00-0.56%
Vukile Property Fund LimitedVKN12.7512.64-0.86%
Investec LimitedIVD108.37107.53-0.78%
PSG Konsult LimitedKFS13.9014.262.59%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD330.21335.161.50%
New Gold Palladium ETFNGNPLD211.10207.53-1.69%
New Gold Platinum ETF NNGNPLT159.33160.790.92%
Satrix S&P Namibia Bond ETF)SXNNAM17.6319.6611.51%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.81
EUR/NAD19.83
GBP/NAD22.94
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.21
AUD/USD0.63
USD/JPY149.61
Commodities @ 07:00 
Gold1,929.35
Silver22.65
Platinum897.55
Palladium1,151.25
WTI85.23
Brent89.74

Table 5: Exchange Rates and Commodities 

Local News

Fisheries Ministry Derek Klazen says illegal fishing activities occurring in Namibia’s exclusive economic zone (EEZ) are a threat to fish stocks (Sun Newspaper)

Prime Minister Saara Kuugongelwa-Amadhila said that based on a vulnerability assessment and analysis, 695,000 people need relief assistance in the country. (New Era Newspaper)

Rosh Pinah Zinc Corporation has begun paying for the medical treatment of children and other individuals showing acute symptoms of lead exposure (The Namibian Newspaper)

Sub-Sahara News

Government service departments, including Home Affairs and the South African Social Security Agency, will be without technical support on Wednesday after calls for a national shutdown from Sita employees. (News24)

When China launched its Belt and Road Initiative 10 years ago, it touted huge infrastructure spending linking it with Western Europe, which as recently as 2019, Britain’s then-finance minister said had “tremendous potential to spread prosperity and sustainable development”. (CNBC Africa)

If you want your country to grow and improve the lives of your people, you need to diversify your economy – and stop subsidizing the rich at the expense of the poor. (AllAfrica News)

International News

U.S. President Joe Biden will make a high-stakes visit to Israel on Wednesday as it prepares to escalate an offensive against Hamas militants that has set off a humanitarian crisis in Gaza and raised fears of a broader conflict with Iran. (Reuters News)

European stocks rallied on Tuesday and bond yields retreated after Federal Reserve officials indicated that the series of interest rate rises in the U.S. may be at an end. (RTT News)

The Israeli call for civilians to evacuate the northern half of the Gaza Strip does not seem to have produced the desired results as of yet. (Aljazeera News)

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