NSX DAILY UPDATE (19 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 277,858.00 23,760,919.08100.00%
ETFs –   –  0.00%
Total 277,858.00 23,760,919.08100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 23,760,919.08 worth of shares was traded on the NSX on Thursday with about N$ 177,666 worth of shares belonging to Anglo-American plc and N$ 305,338 worth of shares belonging to Namibia Breweries. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

Market participants sold shares belonging to Anglo-American resulting in a decline in the company’s stock value by 1.6% at closing. This is the first time in October that the share price went below the N$500 mark.

Namibia Breweries shares were traded by market participants, resulting in a decline in share price by 0.03% at closing

NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.4936.48-0.03%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO7.577.570.00%
Oryx LimitedORY12.4812.47-0.08%
Letshego  LHN3.893.890.00%
Namibia Asset ManagementNAME0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7312.72-0.08%
Mobile Telecommunication CompanyMOC7.187.180.00%
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 plcANM505.30497.35-1.57%
B2Gold CorporationB2G61.3363.743.93%
Oceana Group LimitedOCG72.3072.570.37%
TruworthsTRW69.9769.72-0.36%
Nedbank Group LimitedNBK202.96201.86-0.54%
Standard Bank GroupSNB190.91190.59-0.17%
Shoprite Holdings SRH235.64234.19-0.62%
Firstrand LimitedFST60.4860.500.03%
Momentum Metropolitan HoldingsMMT20.5320.781.22%
Old Mutual LtdOMM11.9312.000.59%
Sanlam LimitedSLA65.9365.76-0.26%
Santam LimitedSNM270.10270.930.31%
Vukile Property Fund LimitedVKN12.7712.76-0.08%
Investec LimitedIVD107.38106.61-0.72%
PSG Konsult LimitedKFS14.0813.90-1.28%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD344.24345.980.51%
New Gold Palladium ETFNGNPLD205.38205.740.18%
New Gold Platinum ETF NNGNPLT161.42163.631.37%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.660.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.09
EUR/NAD20.21
GBP/NAD23.14
EUR/GBP0.87
EUR/USD1.05
GBP/USD1.21
AUD/USD0.63
USD/JPY149.94
Commodities @ 07:00 
Gold1,993.44
Silver23.34
Platinum904.90
Palladium1,111.03
WTI89.53
Brent93.47

Table 5: Exchange Rates and Commodities 

Local News

A total of 160 building plans were approved by the City of Windhoek in September, 11 fewer than the 181 approved in August (Sun Newspaper)

Local beef producers are demanding a seat at the Meat Corporation of Namibia (Meatco)’s table, saying they have the expertise to offer that which can salvage what they believe is an entity on its way into obscurity. (New Era Newspaper)

The demand for cosmetic procedures is higher than ever. From breast augmentations to ‘tweaks’ such as lip fillers and botox, more and more people around the world each year are undergoing procedures to change how they look. (The Namibian Newspaper)

Sub-Sahara News

The emerging natural gas and helium producer is hard at work to address concerns raised on social media which are weighing heavily on its share price. (News24)

X, the social media service formerly known as Twitter, will launch two new tiers of subscriptions for users, its owner Elon Musk said on Friday. (CNBC Africa)

The City of Johannesburg has apologized for failing to pay its debt collectors for the last six months, vowing to settle the bill owed to 93 companies by October 31 (AllAfrica News)

International News

Israel leveled a northern Gaza district after giving families still there a half-hour warning to escape on Friday, and ordered the evacuation of the biggest Israeli town near Lebanon, as it made clear that a command to invade Gaza was expected soon. (Reuters News)

European stocks traded lower on Friday to extend recent losses as expectations of higher-for-longer interest rates and an escalating Middle East conflict dented investors’ appetite for risk. (RTT News)

A young Palestinian girl was shot and killed by Palestinian Authority (PA) security forces on Tuesday during protests in the northern West Bank city of Jenin in response to the deadly explosion at a hospital in the besieged Gaza Strip. (Aljazeera News)

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