NSX DAILY UPDATE (27 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 110,707.00 8,343,273.77100.00%
ETFs –   –  0.00%
Total 110,707.00 8,343,273.77100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 8,343,273.77 worth of shares was traded on the NSX on Wednesday with about N$ 227,108 worth of shares belonging to Anglo-American plc and N$  352,600 worth of shares belonging to Capricorn Group Limited. No ETFs were traded on Wednesday

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 0.3% at the closing.
  • Capricorn Group’s 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 BreweriesNBS36.5936.590.00%
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 CompanyMOC7.157.150.00%
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 plcANM510.11508.58-0.30%
B2Gold CorporationB2G57.6356.22-2.45%
Oceana Group LimitedOCG76.4075.75-0.85%
TruworthsTRW75.6775.810.19%
Nedbank Group LimitedNBK205.46204.26-0.58%
Standard Bank GroupSNB184.33183.00-0.72%
Shoprite Holdings SRH242.17239.63-1.05%
Firstrand LimitedFST64.9764.92-0.08%
Momentum Metropolitan HoldingsMMT19.9620.000.20%
Old Mutual LtdOMM12.0912.100.08%
Sanlam LimitedSLA66.8767.100.34%
Santam LimitedSNM297.66298.980.44%
Vukile Property Fund LimitedVKN13.3113.30-0.08%
Investec LimitedIVD110.69110.07-0.56%
PSG Konsult LimitedKFS13.2013.07-0.98%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD336.74335.62-0.33%
New Gold Palladium ETFNGNPLD226.33227.280.42%
New Gold Platinum ETF NNGNPLT165.89164.55-0.81%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.660.00%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD19.18
EUR/NAD20.15
GBP/NAD23.29
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.21
AUD/USD0.63
USD/JPY149.38
Commodities @ 07:00 
Gold1,893.20
Silver22.75
Platinum897.25
Palladium1,226.53
WTI94.42
Brent94.89

Table 5: Exchange Rates and Commodities 

Local News

Swakop Uranium’s massive Husab uranium mine is on track to produce this year’s target of 4 700 tonnes of uranium octoxide for export, according to CEO Qiu Bin (Sun Newspaper)

Champagne corks were popping at Choppies headquarters in Gaborone, Botswana, as that country’s biggest retailer celebrated a solid set of results for the year ended June 2023. (New Era Newspaper)

The Metal and Allied Namibian Workers Union (Manwu) general secretary, Justina Jonas, supports the awarding of the N$255-million tender to the state-owned construction company. (The Namibian Newspaper)

Sub-Sahara News

Eskom says the summer outlook is much better thanks to the faster-than-expected return of three Kusile units. (News24)

Afrexim Bank is tapping oil traders to finance a much-needed $3 billion loan to Nigeria’s state oil company to help shore up the sliding naira currency (CNBC Africa)

Ghana faces possible bankruptcy, as its debt crisis sees no end in sight (AllAfrica News)

International News

Donald Trump’s Republican rivals clashed at a chaotic presidential debate on Wednesday, levelling attacks at the absent former president, Democratic President Joe Biden and one another over issues from China to immigration to the economy(Reuters News)

Asian stocks tumbled on Thursday after the U.S. Federal Reserve warned that interest rates would stay higher for longer to combat stubborn inflation (RTT News)

Russia accused Ukraine’s Western allies of helping plan and execute a missile attack on the Russian Black Sea fleet’s headquarters in the annexed Crimean Peninsula last week. (Aljazeera News)

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