NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 232,364.00 | 15,909,624.61 | 98.65% |
ETFs | 4,022.00 | 216,986.90 | 1.35% |
Total | 236,386.00 | 16,126,611.51 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 15,909,624.61 worth of shares was traded on the NSX on Friday with about N$ 5,410,680 worth of shares belonging to Oceana Group Limited and N$ 3,658,100 worth of shares belonging to FirstRand Namibia Ltd. ETFs worth N$ 216,986.90 were traded on Friday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold shares belonging to Oceana Group resulting in a decline in the company’s stock value by 0.9% at closing.
- FirstRand Namibia shares were traded by market participants, resulting in no change in share price at closing
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 36.48 | 36.48 | 0.00% |
Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
Capricorn | CGP | 16.50 | 16.50 | 0.00% |
First Rand Namibia | FNB | 50.00 | 50.00 | 0.00% |
Standard Bank Namibia | SNO | 7.57 | 7.57 | 0.00% |
Oryx Limited | ORY | 12.47 | 12.47 | 0.00% |
Letshego | LHN | 3.89 | 3.89 | 0.00% |
Namibia Asset Management | NAME | 0.70 | 0.70 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.72 | 12.72 | 0.00% |
Mobile Telecommunication Company | MOC | 7.18 | 7.18 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 8.99 | 8.99 | 0.00% |
Table 2: Primary listed Trades
Name | South African Dual-Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Anglo-American plc | ANM | 497.35 | 475.92 | -4.31% |
B2Gold Corporation | B2G | 63.74 | 64.44 | 1.10% |
Oceana Group Limited | OCG | 72.57 | 71.94 | -0.87% |
Truworths | TRW | 69.72 | 69.15 | -0.82% |
Nedbank Group Limited | NBK | 201.86 | 199.20 | -1.32% |
Standard Bank Group | SNB | 190.59 | 185.06 | -2.90% |
Shoprite Holdings | SRH | 234.19 | 233.42 | -0.33% |
Firstrand Limited | FST | 60.50 | 59.95 | -0.91% |
Momentum Metropolitan Holdings | MMT | 20.78 | 20.44 | -1.64% |
Old Mutual Ltd | OMM | 12.00 | 11.75 | -2.08% |
Sanlam Limited | SLA | 65.76 | 65.48 | -0.43% |
Santam Limited | SNM | 270.93 | 271.15 | 0.08% |
Vukile Property Fund Limited | VKN | 12.76 | 12.50 | -2.04% |
Investec Limited | IVD | 106.61 | 102.73 | -3.64% |
PSG Konsult Limited | KFS | 13.90 | 13.99 | 0.65% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 345.98 | 350.42 | 1.28% |
New Gold Palladium ETF | NGNPLD | 205.74 | 203.70 | -0.99% |
New Gold Platinum ETF N | NGNPLT | 163.63 | 164.49 | 0.53% |
Satrix S&P Namibia Bond ETF) | SXNNAM | 19.66 | 19.66 | 0.00% |
Table 4: ETFs
Exchange Rates @ 07:00 | |
USD/NAD | 19.01 |
EUR/NAD | 20.11 |
GBP/NAD | 23.10 |
EUR/GBP | 0.87 |
EUR/USD | 1.05 |
GBP/USD | 1.21 |
AUD/USD | 0.63 |
USD/JPY | 149.93 |
Commodities @ 07:00 | |
Gold | 1,986.35 |
Silver | 23.41 |
Platinum | 898.90 |
Palladium | 1,102.53 |
WTI | 86.94 |
Brent | 91.18 |
Table 5: Exchange Rates and Commodities
Local News
The City of Windhoek has approached the High Court in a bid to block Ongos Valley Development’s (OVD) plan to produce its own electricity. (Sun Newspaper)
Since its establishment, the Namibia Revenue Agency (NamRA) has been pumping billions of dollars into state coffers as it consistently surpasses its collection targets. This financial year, 2023/24, is no exception because as of 30 September, NamRA has already collected over N$37 billion. (New Era Newspaper)
Only two of the eight people charged in connection with a massive alleged customs scam involving Chinese-owned businesses in Namibia appeared in the Windhoek High Court for their latest pretrial hearing yesterday. (The Namibian Newspaper)
Sub-Sahara News
Standard Bank, which has a presence in 20 African countries, says the DRC is likely to emerge as one of its most important markets outside of SA thanks to the country’s massive endowment of minerals needed to drive the global energy transition. (News24)
Africa is at the forefront of a global wave of new floating gas facilities as countries on the continent seek to meet surging demand in Europe as quickly and cheaply as possible. (CNBC Africa)
Pharmaceutical manufacturer Adcock Ingram anticipates legal challenges to South Africa’s proposed National Health Insurance (NHI) that could potentially hinder its implementation. (AllAfrica News)
International News
Israel has amassed tanks and troops near Gaza, where authorities said 4,600 people have been killed, for a planned ground invasion aiming to annihilate Hamas, which killed 1,400 people in its rampage on southern Israel. (Reuters News)
Asian stocks fell in cautious trading on Monday amid fears that the Israel-Hamas war could spark a wider conflict in the oil-rich region. (RTT News)
United States Secretary of State Antony Blinken said Sunday that Washington is prepared to retaliate if US troops are targeted in the course of the Israel-Hamas war, as the possibility of the conflict spreading across the Middle East rises. (Aljazeera News)