NSX DAILY UPDATE ( 23 OCTOBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 71,157.00 5,254,883.88100.00%
ETFs –   –  0.00%
Total 71,157.00 5,254,883.88100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 5,254,883.88 worth of shares was traded on the NSX on Monday with about N$ 700,353 worth of shares belonging to Anglo-American plc and N$ 91,219 worth of shares belonging to SBN Holdings Ltd. No ETFs were traded on Monday

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 1.2% at 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 BreweriesNBS36.4836.480.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP16.5016.500.00%
First Rand NamibiaFNB50.0050.000.00%
Standard Bank NamibiaSNO7.577.570.00%
Oryx LimitedORY12.4712.470.00%
Letshego  LHN3.893.890.00%
Namibia Asset ManagementNAME0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7212.720.00%
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 plcANM475.92470.01-1.24%
B2Gold CorporationB2G64.4463.46-1.52%
Oceana Group LimitedOCG71.9473.201.75%
TruworthsTRW69.1571.503.40%
Nedbank Group LimitedNBK199.20200.730.77%
Standard Bank GroupSNB185.06186.480.77%
Shoprite Holdings SRH233.42236.891.49%
Firstrand LimitedFST59.9560.821.45%
Momentum Metropolitan HoldingsMMT20.4420.30-0.68%
Old Mutual LtdOMM11.7511.770.17%
Sanlam LimitedSLA65.4865.780.46%
Santam LimitedSNM271.15270.52-0.23%
Vukile Property Fund LimitedVKN12.5012.48-0.16%
Investec LimitedIVD102.73103.851.09%
PSG Konsult LimitedKFS13.9913.93-0.43%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD350.42348.37-0.59%
New Gold Palladium ETFNGNPLD203.70205.360.81%
New Gold Platinum ETF NNGNPLT164.49163.51-0.60%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.51-0.76%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.89
EUR/NAD20.18
GBP/NAD23.19
EUR/GBP0.87
EUR/USD1.06
GBP/USD1.22
AUD/USD0.63
USD/JPY149.64
Commodities @ 07:00 
Gold1,986.15
Silver23.25
Platinum905.75
Palladium1,137.78
WTI85.87
Brent90.19

Table 5: Exchange Rates and Commodities 

Local News

In Namibia, gross domestic product (GDP) per capita, which measures individual wealth, is projected to average just above US$4 100 – or about N$75 400 – during 2020-2022 (Sun Newspaper)

Namibia’s accommodation establishments reported a 65% occupancy rate for the third quarter of the year. This is slightly higher than during the same time last year, even if it is just by a quarter of a percent. (New Era Newspaper)

The Cabinet has approved a plan to buy 32 government vehicles worth N$25 million for the 2023-24 financial year (The Namibian Newspaper)

Sub-Sahara News

Major coal exporters have been asked to contribute funds that could unlock the supply of critical locomotives and spare parts from a Chinese manufacturer. (News24)

Nigeria on Monday won its bid to overturn an $11 billion damages bill for a collapsed gas processing project it said was procured by a concerted campaign of bribery. (CNBC Africa)

In a powerful gathering of innovative minds, UNFPA, the United Nations sexual and reproductive health agency, in collaboration with the UNFPA-UNICEF Joint Programme on the Elimination of Female Genital Mutilation and the Spotlight Initiative, hosted a three-day summit to address the deeply entrenched social and cultural norms of female genital mutilation (FGM) and child marriage (AllAfrica News)

International News

Israel’s military said it was preparing for “unrelenting attacks” to dismantle Hamas while former U.S. President Barack Obama warned that “any Israeli military strategy that ignores the human costs could ultimately backfire. (Reuters News)

Asian stocks recovered some recent losses on Tuesday, with Japan and South Korea leading regional gains amid intense U.S. diplomacy aimed at preventing Israel’s war with Hamas from spreading. (RTT News)

Welcome to Gaza, a place where every phone call bears the news of somebody being killed, every message conveys the destruction of a friend’s home, and each air strike sends tremors of fear through your heart. (Aljazeera News)

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