NSX DAILY UPDATE (21 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 41,443.00 3,256,860.40100.00%
ETFs –   –  0.00%
Total 41,443.00 3,256,860.40100.00%

Table 1: NSX Trades

NSX Activities

A total of N$3,256,860.40 worth of shares was traded on the NSX on Thursday with about N$ 1,800,265 worth of shares belonging to Truworths and N$ 164,000 worth of shares belonging to Firstrand Limited. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Truworths, decreasing the company’s stock value by 0.1% at the closing.
  • Firstrand shares were traded by market participants, resulting in a decline in share price by 2.8% at closing.
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 NamibiaSNO7.557.550.00%
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 plcANM534.79519.09-2.94%
B2Gold CorporationB2G59.9359.23-1.17%
Oceana Group LimitedOCG75.2575.00-0.33%
TruworthsTRW74.5274.45-0.09%
Nedbank Group LimitedNBK209.24205.88-1.61%
Standard Bank GroupSNB187.95186.04-1.02%
Shoprite Holdings SRH245.19243.00-0.89%
Firstrand LimitedFST66.7564.86-2.83%
Momentum Metropolitan HoldingsMMT19.9719.92-0.25%
Old Mutual LtdOMM12.2712.16-0.90%
Sanlam LimitedSLA68.9068.27-0.91%
Santam LimitedSNM306.28302.69-1.17%
Vukile Property Fund LimitedVKN13.8013.56-1.74%
Investec LimitedIVD107.35107.670.30%
PSG Konsult LimitedKFS13.4013.20-1.49%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD338.79337.40-0.41%
New Gold Palladium ETFNGNPLD231.15228.56-1.12%
New Gold Platinum ETF NNGNPLT168.56167.48-0.64%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.660.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.90
EUR/NAD20.14
GBP/NAD23.22
EUR/GBP0.86
EUR/USD1.06
GBP/USD1.23
AUD/USD0.64
USD/JPY148.03
Commodities @ 07:00 
Gold1,944.40
Silver23.85
Platinum931.00
Palladium1,274.50
WTI90.26
Brent93.80

Table 5: Exchange Rates and Commodities 

Local News

A legal battle over 2 700 carat diamonds, valued at N$14 million, is dragging on with no end in sight. (Sun Newspaper)

President Hage Geingob has said the terrifying gap between the wealthy and the marginalised is not just a moral concern but also a threat to global stability and harmony. He made these remarks while addressing delegations at the 78th session of the UN General Assembly in New York.. (New Era Newspaper)

The National Fishing Corporation of Namibia (Fishcor) does not have the money and expertise to catch the horse mackerel quota it has been awarded by the government. (The Namibian Newspaper)

Sub-Sahara News

The Eskom board says it is working towards “a speedy resolution” to the impasse over the CEO. (News24)

The South African Reserve Bank (SARB) held its key interest rate steady on Thursday, but policymakers cited continued risks to the inflation outlook. (CNBC Africa)

Warning that the months-long conflict in Sudan could spill over in the region, Abdel-Fattah Al-Burhan on Thursday called on the international community to consider designating the militias ravaging his country as terrorist groups “to protect the Sudanese people, the region and the world.”. (AllAfrica News)

International News

On Thursday, Canadian Prime Minister Justin Trudeau called on India to cooperate with an investigation into the murder of a Sikh separatist leader in British Columbia and said Canada would not release its evidence. (Reuters News)

Asian stocks advanced on Friday as investors cheered strong economic data from the U.S. and China as well as signs that the world’s biggest central banks may soon end their tightening campaigns. (RTT News)

Ukrainian President Volodymyr Zelenskyy has made his second visit to Washington, DC, since Russian forces launched a full-scale invasion of his country. (Aljazeera News)

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