NSX DAILY UPDATE (19 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,638,026.00 57,410,002.4596.75%
ETFs 19,545.00 1,926,913.253.25%
Total 1,657,571.00 59,336,915.70100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 57,410,002.45 worth of shares was traded on the NSX on Tuesday with about N$ 46,126,937 worth of shares belonging to Truworths and N$ 7,375,874 worth of shares belonging to SBN Holdings Ltd. ETFs worth N$ 1,926,913.25 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Truworths, increasing the company’s stock value by 3.5% at the closing.
  • SBN Holdings Ltd shares were traded by market participants, resulting in an upsurge in share price by 0.4% at closing.
  • Satrix MSCI EMG Markets NM & New Gold Issuer Ltd NM positions were traded resulting
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 NamibiaSNO7.527.550.40%
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 plcANM534.81531.15-0.68%
B2Gold CorporationB2G61.0260.84-0.29%
Oceana Group LimitedOCG76.3975.66-0.96%
TruworthsTRW73.5076.083.51%
Nedbank Group LimitedNBK201.08202.220.57%
Standard Bank GroupSNB176.37180.722.47%
Shoprite Holdings SRH245.00244.56-0.18%
Firstrand LimitedFST66.8464.82-3.02%
Momentum Metropolitan HoldingsMMT19.0519.512.41%
Old Mutual LtdOMM12.0712.100.25%
Sanlam LimitedSLA67.1267.720.89%
Santam LimitedSNM310.41307.57-0.91%
Vukile Property Fund LimitedVKN13.3713.26-0.82%
Investec LimitedIVD105.82104.48-1.27%
PSG Konsult LimitedKFS13.2713.330.45%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD340.31340.340.01%
New Gold Palladium ETFNGNPLD226.29230.301.77%
New Gold Platinum ETF NNGNPLT170.58172.000.83%
Satrix S&P Namibia Bond ETF)SXNNAM19.6019.600.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.92
EUR/NAD20.22
GBP/NAD23.37
EUR/GBP0.86
EUR/USD1.06
GBP/USD1.23
AUD/USD0.64
USD/JPY147.88
Commodities @ 07:00 
Gold1,952.35
Silver23.44
Platinum942.20
Palladium1,268.53
WTI89.64
Brent93.42

Table 5: Exchange Rates and Commodities 

Local News

Affirmative Repositioning (AR) activist Job Amupanda says just the trial over the removal of the veterinary cordon fence (VCF) is estimated to cost N$3.56 million in legal fees. (Sun Newspaper)

In addition to numerous employment and infrastructure benefits, the Cabinet’s recent approval of the Grootfontein-Katima Mulilo railway line is expected to breed more investment spinoffs for Zambezi’s capital. (New Era Newspaper)

The government is introducing a directive to subject non-profit organisations to sweeping regulations – a decision which has been met with fierce opposition from action groups. (The Namibian Newspaper)

Sub-Sahara News

It has been nine months since André de Ruyter announced his resignation. The appointment of a new Eskom CEO was regarded as “urgent” – but it has now gone back to the drawing board. (News24)

Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the United States and Japan driving the rise, the Institute of International Finance (IIF) said on Tuesday. (CNBC Africa)

For the first time, the two opposing factions of the Sudanese military are now fighting in Port Sudan on the Red Sea. (AllAfrica News)

International News

Canada worked “very closely” with the United States on intelligence that Indian agents had been potentially involved in the murder of a Sikh leader in British Columbia earlier this year, a senior Canadian government source said on Tuesday. (Reuters News)

The European Commission on Tuesday proposed to further extend the temporary protection that the European bloc has been providing for Ukrainian people fleeing Russia’s attacks for another year (RTT News)

Japan has told Beijing to remove a buoy that is found floating in the sea near the disputed Senkaku islands, known in China as the Diaoyu islands. (Aljazeera News)

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