NSX DAILY UPDATE (28 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 158,142.00 10,759,974.72100.00%
ETFs –   –  0.00%
Total 158,142.00 10,759,974.72100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 10,759,974.72 worth of shares was traded on the NSX on Thursday with about N$ 1,618,353 worth of shares belonging to Anglo-American plc` and N$ 1,728,387 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Market participants bought shares belonging to Anglo-American increasing the company’s stock value by 3.4% at the closing.
  • FirstRand Namibia shares were traded by market participants, resulting in an increase in share price by 1.1% 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 NamibiaFNB48.5049.011.05%
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 plcANM508.58525.663.36%
B2Gold CorporationB2G56.2255.57-1.16%
Oceana Group LimitedOCG75.7575.66-0.12%
TruworthsTRW75.8176.420.80%
Nedbank Group LimitedNBK204.26202.94-0.65%
Standard Bank GroupSNB183.00184.040.57%
Shoprite Holdings SRH239.63239.930.13%
Firstrand LimitedFST64.9264.56-0.55%
Momentum Metropolitan HoldingsMMT20.0019.77-1.15%
Old Mutual LtdOMM12.1012.231.07%
Sanlam LimitedSLA67.1066.77-0.49%
Santam LimitedSNM298.98300.750.59%
Vukile Property Fund LimitedVKN13.3013.17-0.98%
Investec LimitedIVD110.07109.87-0.18%
PSG Konsult LimitedKFS13.0712.91-1.22%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD335.62331.00-1.38%
New Gold Palladium ETFNGNPLD227.28230.561.44%
New Gold Platinum ETF NNGNPLT164.55165.380.50%
Satrix S&P Namibia Bond ETF)SXNNAM19.6619.810.76%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.94
EUR/NAD20.05
GBP/NAD23.16
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.22
AUD/USD0.64
USD/JPY149.21
Commodities @ 07:00 
Gold1,884.25
Silver23.21
Platinum923.60
Palladium1,281.53
WTI91.72
Brent93.09

Table 5: Exchange Rates and Commodities 

Local News

A committee comprising eight traditional authorities from the Aminuis constituency has called for the reinstatement of a Russian in-situ mining company’s drilling permits. (Sun Newspaper)

Dundee Precious Metals Tsumeb recently commissioned a new General Waste Management Facility. The groundbreaking project is described as the first of its kind in the region, as it focuses on segregating and sorting at the source to minimize landfill waste. (New Era Newspaper)

The Poultry Producers Association (PPA) has predicted a tough two months ahead as a government ban on poultry imports from South Africa (SA) kicked in with immediate effect yesterday. (The Namibian Newspaper)

Sub-Sahara News

The Reserve Bank needs to play a very strong role in regulating these players, Capitec CEO Gerrie Fourie says. (News24)

Maintenance issues and climate change-induced water shortages have caused a 400-megawatt electricity shortfall in Tanzania, triggering power rationing across the East African nation, the state power supplier said. (CNBC Africa)

The eThekwini Municipality has voted to demolish the damaged China Emporium building at a cost of R28 million (U.S.1,4 million), despite concerns about the city’s ability to recover the cost from the building’s owners (AllAfrica News)

International News

U.S. Secretary of State Antony Blinken urged India to cooperate with a Canadian investigation into the murder of a Sikh separatist during a meeting with Indian foreign minister Subrahmanyam Jaishankar on Thursday, a U.S. official said. (Reuters News)

European stocks fell on Friday and were set for a weekly drop on fears of elevated global interest rates. U.K (RTT News)

Sweden’s prime minister announced that he will hold talks with the head of the Swedish armed forces and the police commissioner to discuss ways to stem gang violence following a wave of attacks that have resulted in at least 11 people killed so far this month. (Aljazeera News)

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