NSX DAILY UPDATE (26 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 818,775.00 30,568,713.6398.06%
ETFs 1,791.00 604,239.601.94%
Total 820,566.00 31,172,953.23100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 30,568,713.63 worth of shares was traded on the NSX on Tuesday with about N$ 2,640,549 worth of shares belonging to Anglo-American plc and N$ 861,329 worth of shares belonging to Namibia Breweries. ETFs worth N$ 604,239.60 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold shares belonging to Anglo-American decreasing the company’s stock value by 1.2% at the closing.
  • Namibia Breweries’ shares were traded by market participants, resulting in no change in share price at closing
  • New Gold Issuer Ltd NM ETF positions were subscribed resulting in an increase of 0.3% at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS36.6036.59-0.03%
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 plcANM516.34510.11-1.21%
B2Gold CorporationB2G58.3657.63-1.25%
Oceana Group LimitedOCG75.0076.401.87%
TruworthsTRW74.8275.671.14%
Nedbank Group LimitedNBK205.81205.46-0.17%
Standard Bank GroupSNB185.60184.33-0.68%
Shoprite Holdings SRH241.00242.170.49%
Firstrand LimitedFST65.4164.97-0.67%
Momentum Metropolitan HoldingsMMT19.9619.960.00%
Old Mutual LtdOMM12.1812.09-0.74%
Sanlam LimitedSLA68.2766.87-2.05%
Santam LimitedSNM297.87297.66-0.07%
Vukile Property Fund LimitedVKN13.3413.31-0.22%
Investec LimitedIVD110.11110.690.53%
PSG Konsult LimitedKFS13.2013.200.00%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD335.89336.740.25%
New Gold Palladium ETFNGNPLD229.20226.33-1.25%
New Gold Platinum ETF NNGNPLT168.11165.89-1.32%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.660.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.08
EUR/NAD20.14
GBP/NAD23.17
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.21
AUD/USD0.63
USD/JPY149.04
Commodities @ 07:00 
Gold1,914.90
Silver22.98
Platinum916.10
Palladium1,240.78
WTI91.34
Brent93.19

Table 5: Exchange Rates and Commodities 

Local News

Employees of ground-handling firm Menzies Aviation will know where they stand once the High Court makes a decision regarding operations at the Hosea Kutako International Airport (Sun Newspaper)

The Jonker oil discovery, run by Shell Plc in the productive block in the Orange Basin, offshore Namibia, is believed to be the major contributor to discovered volumes in Africa during 2023. (New Era Newspaper)

Minister of finance and public enterprises Iipumbu Shiimi has questioned why the National Petroleum Corporation of Namibia (Namcor) accepted a monthly repayment of N$500 000 from a military-owned fuel supplier company that received N$60 million in taxpayers’ money. (The Namibian Newspaper)

Sub-Sahara News

The economics of the Mpumalanga operation have eroded thanks to weaker coal prices and deteriorated railing volumes. (News24)

Emerging market stocks recovered from a four-day losing streak at the end of a week packed with major central bank decisions, while the Indian rupee firmed after JPMorgan’s plans to include the country’s local bonds in its debt index. (CNBC Africa)

Access to birth control, which empowers women with the agency to decide if, when, and how many children to bear, is a fundamental human right. (AllAfrica News)

International News

The chairman of China Evergrande Group has been placed under police surveillance, a media report said on Wednesday, raising more doubts about the embattled developer’s future as it also grapples with mounting prospects of liquidation. (Reuters News)

European stocks may open on a sluggish note Wednesday despite gains in U.S. stock futures and fresh signs of economic recovery in China. (RTT News)

Viktor Sokolov, commander of Russia’s Black Sea Fleet in Crimea, has been shown attending a meeting a day after Ukrainian special forces claimed he died in a barrage of missiles. (Aljazeera News)

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