NSX DAILY UPDATE (18 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 88,446.00 6,392,529.3190.05%
ETFs 4,130.00 706,230.009.95%
Total 92,576.00 7,098,759.31100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 6,392,529.31 worth of shares was traded on the NSX on Monday with about N$ 703,002 worth of shares belonging to Anglo-American plc and N$ 2,002,496 worth of shares belonging to Namibia Breweries. ETFs worth N$ 518,161 were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American, decreasing the company’s stock value by 1.6% at the closing.
  • Namibia Breweries shares were traded by market participants, resulting in no change in share price at closing.
  • New Gold Platinum ETF N positions were subscribed resulting in an uptick of 0.3% in value
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.6036.600.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.4016.400.00%
First Rand NamibiaFNB48.5048.500.00%
Standard Bank NamibiaSNO7.527.520.00%
Oryx LimitedORY12.5012.500.00%
Letshego  LHN3.883.880.00%
Namibia Asset ManagementNAME0.690.690.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7412.740.00%
Mobile Telecommunication CompanyMOC7.137.130.00%
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 plcANM543.65534.81-1.63%
B2Gold CorporationB2G59.7461.022.14%
Oceana Group LimitedOCG76.4976.39-0.13%
TruworthsTRW73.5073.500.00%
Nedbank Group LimitedNBK204.02201.08-1.44%
Standard Bank GroupSNB176.89176.37-0.29%
Shoprite Holdings SRH248.62245.00-1.46%
Firstrand LimitedFST66.8866.84-0.06%
Momentum Metropolitan HoldingsMMT19.0919.05-0.21%
Old Mutual LtdOMM12.2512.07-1.47%
Sanlam LimitedSLA67.5867.12-0.68%
Santam LimitedSNM308.39310.410.66%
Vukile Property Fund LimitedVKN13.4213.37-0.37%
Investec LimitedIVD107.06105.82-1.16%
PSG Konsult LimitedKFS13.5713.27-2.21%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD341.86340.31-0.45%
New Gold Palladium ETFNGNPLD230.80226.29-1.95%
New Gold Platinum ETF NNGNPLT170.00170.580.34%
Satrix S&P Namibia Bond ETF)SXNNAM19.6119.60-0.05%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.05
EUR/NAD20.34
GBP/NAD23.57
EUR/GBP0.86
EUR/USD1.06
GBP/USD1.23
AUD/USD0.64
USD/JPY147.80
Commodities @ 07:00 
Gold1,952.35
Silver23.44
Platinum935.15
Palladium1,247.03
WTI91.23
Brent94.98

Table 5: Exchange Rates and Commodities 

Local News

Transport service providers for the upcoming census are required to present their vehicles to their constituencies by Tuesday, 19 September, the Namibia Statistics Agency has announced. (Sun Newspaper)

The Development Bank of Namibia (DBN) yesterday stated that it has successfully fully redeemed its DBN23 bond, the last of three amortizing fixed-rated bonds issued by the bank in 2018. DBN20A1, the first of the three, was issued in February 2018 and raised N$140 million. DBN20B was issued in March 2018, raising N$70 million and DBN23, the last of three, was issued in December 2018 and raised N$290 million. (New Era Newspaper)

Namibian Defence Force (NDF) company August 26 Construction has come out guns blazing to defend being unilaterally handed a N$255 million tender by the Ministry of Education, Arts and Culture to construct classrooms and ablution blocks. (The Namibian Newspaper)

Sub-Sahara News

Ervin Tu, the new interim CEO of the Naspers stable, has indicated that while his appointment doesn’t presage an imminent change in strategy for Africa’s most valuable company, his is not simply a caretaker position either. (News24)

With oil investors and traders focused on an oil-price rally that has come close to $100 a barrel, some grades of crude oil are already trading above that milestone, highlighting an expectation of tight supply. (CNBC Africa)

A landslide brought on by torrential rains killed at least 17 people in the northwest of the Democratic Republic of the Congo (AllAfrica News)

International News

India characterised as “absurd and motivated” an accusation by Canada that it was involved in the murder of a Sikh separatist leader, urging the country instead to take legal action against anti-Indian elements operating from its soil. (Reuters News)

Asian stock markets are trading mostly lower on Tuesday, despite the slightly positive cues from Wall Street overnight, as traders seemed reluctant to make significant moves ahead of the US Fed’s monetary policy announcement on Wednesday. (RTT News)

The United States military said it finally found debris from a missing F-35 fighter jet a day after asking for the public’s help locating wreckage from the elusive warplane after a pilot ejected from the aircraft for unknown reasons. (Aljazeera News)

Leave a Reply

Your email address will not be published.
*
*

This is the right file

Copyright © HEI 2022
This is the right footer