NSX DAILY UPDATE (23 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 130,005.00 5,368,260.80100.00%
ETFs –   –  0.00%
Total 130,005.00 5,368,260.80100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 5,368,260.80 worth of shares was traded on the NSX on Wednesday with about N$  111,101 worth of shares belonging to Oceana Group Limited and N$  34,959 worth of shares belonging to SBN Holdings Ltd. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed to shares belonging to Oceana Group resulting in a 0.5% increase in the company’s stock value at the closing.
  • SBN Holdings shares were traded by market participants, resulting in no change in share price at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS38.0038.000.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP15.5515.700.96%
First Rand NamibiaFNB48.0048.000.00%
Standard Bank NamibiaSNO7.207.200.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.873.870.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.107.100.00%
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 plcANM478.77482.660.81%
B2Gold CorporationB2G57.9856.83-1.98%
Oceana Group LimitedOCG70.0370.350.46%
TruworthsTRW67.0868.181.64%
Nedbank Group LimitedNBK208.79215.913.41%
Standard Bank GroupSNB192.44196.672.20%
Shoprite Holdings SRH258.23261.511.27%
Firstrand LimitedFST72.0073.161.61%
Momentum Metropolitan HoldingsMMT19.0119.281.42%
Old Mutual LtdOMM12.7412.73-0.08%
Sanlam LimitedSLA63.4264.271.34%
Santam LimitedSNM290.67290.48-0.07%
Vukile Property Fund LimitedVKN12.9913.050.46%
Investec LimitedIVD108.47108.17-0.28%
PSG Konsult LimitedKFS14.2014.300.70%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD330.76330.11-0.20%
New Gold Palladium ETFNGNPLD229.70228.45-0.54%
New Gold Platinum ETF NNGNPLT165.74166.530.48%
Satrix S&P Namibia Bond ETF)SXNNAM19.5819.51-0.36%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.49
EUR/NAD20.10
GBP/NAD23.53
EUR/GBP0.85
EUR/USD1.08
GBP/USD1.27
AUD/USD0.64
USD/JPY145.10
Commodities @ 07:00 
Gold1,950.25
Silver24.31
Platinum935.40
Palladium1,275.53
WTI78.69
Brent83.06

Table 5: Exchange Rates and Commodities 

Local News

Livestock exports increased by 24.7% in July compared to the previous month, while export abattoirs, on the other hand, experienced a 30.6% decline in July (Sun Newspaper)

International Relations minister Netumbo Nandi-Ndaitwah yesterday confirmed that Namibia is for the first-time attending the BRICS summit to observe the proceedings without actual participation (New Era Newspaper)

Qatar Airways, Ethiopian Airways, and also the South African cargo general sales agency and management service provider ATC Aviation have all suspended cargo operations to and from Hosea Kutako International Airport. (The Namibian Newspaper)

Sub-Sahara News

Mediclinic has launched an independent audit after it was accused of manipulating patient bills to save the hospital group money. (News24)

China’s President Xi Jinping called for unity among his BRICS counterparts at a summit in South Africa on Wednesday as he pushed the case for expanding the grouping to face a global “period of turbulence and transformation”. (CNBC Africa)

Zimbabwe’s opposition is seeking to unseat President Emmerson Mnangagwa’s ZANU-PF party, which has ruled since the country’s independence in 1980. (AllAfrica News)

International News

For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy. (Reuters News)

Asian stocks declined on Thursday amid mounting China worries and on hawkish Fed minutes. (RTT News)

For 80 years, the United States dollar has dominated all other currencies. But a grouping of developing countries tired of the West’s looming presence over global governance and finance is determined to take it down a peg. (Aljazeera News)

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