NSX DAILY UPDATE (29 SEPTEMBER 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 225,847.00 45,232,615.67100.00%
ETFs –   –  0.00%
Total 225,847.00 45,232,615.67100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 45,232,615.67 worth of shares was traded on the NSX on Friday with about N$ 10,421,198 worth of shares belonging to Anglo-American plc` and N$ 9,828 worth of shares belonging to SBN Holdings Ltd. No ETFs were traded on Friday

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 0.1% at the closing.
  • SBN Holdings Ltd shares were traded by market participants, resulting in an increase in share price by 0.1% 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%
CapricornCGP16.4016.410.06%
First Rand NamibiaFNB49.0149.010.00%
Standard Bank NamibiaSNO7.557.560.13%
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 plcANM525.66525.27-0.07%
B2Gold CorporationB2G55.5754.57-1.80%
Oceana Group LimitedOCG75.6675.50-0.21%
TruworthsTRW76.4276.500.10%
Nedbank Group LimitedNBK202.94202.33-0.30%
Standard Bank GroupSNB184.04183.72-0.17%
Shoprite Holdings SRH239.93239.84-0.04%
Firstrand LimitedFST64.5663.86-1.08%
Momentum Metropolitan HoldingsMMT19.7719.76-0.05%
Old Mutual LtdOMM12.2312.06-1.39%
Sanlam LimitedSLA66.7765.67-1.65%
Santam LimitedSNM300.75301.940.40%
Vukile Property Fund LimitedVKN13.1713.10-0.53%
Investec LimitedIVD109.87108.92-0.86%
PSG Konsult LimitedKFS12.9113.101.47%

Table 3: Dual Listed Trades

Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD331.00326.56-1.34%
New Gold Palladium ETFNGNPLD230.56230.930.16%
New Gold Platinum ETF NNGNPLT165.38166.180.48%
Satrix S&P Namibia Bond ETF)SXNNAM19.8120.000.96%

Table 4: ETFs

Exchange Rates @ 07:00 
USD/NAD18.91
EUR/NAD20.01
GBP/NAD23.06
EUR/GBP0.86
EUR/USD1.05
GBP/USD1.21
AUD/USD0.64
USD/JPY149.39
Commodities @ 07:00 
Gold1,858.15
Silver21.99
Platinum915.25
Palladium1,244.03
WTI90.94
Brent92.34

Table 5: Exchange Rates and Commodities 

Local News

Over the next five years, the road network stretching more than 1,000 kilometres in the Etosha National Park – which covers 24 000 km² – will be renovated to compete with the standard of South Africa’s Kruger National Park (Sun Newspaper)

The recent pronouncement by the High Court that it is irrational to forfeit property not connected to crime but mixed with actual proceeds of crime, will give leeway to criminals to hide their criminal proceeds and is being challenged. (New Era Newspaper)

French global multi-energy company TotalEnergies, which made oil and gas discoveries off-shore Namibia in 2022, has confirmed positive appraisal results from its Venus-1A well and a “positive flow test” at its Venus-1X well. (The Namibian Newspaper)

Sub-Sahara News

Former Absa non-executive director Sipho Pityana claims a high court ruling proves the Reserve Bank’s Prudential Authority illegally blocked his nomination for Absa chair. (News24)

Voters in Eswatini will cast their ballots on Friday in parliamentary elections whose outcome will make little difference to the politics of a country controlled by Africa’s last absolute monarch. (CNBC Africa)

Opposition Citizen Coalition for Change (CCC) has challenged the ruling Zanu PF and the Zimbabwe Electoral Commission (Zec) that whether they like it or not, Zimbabwe will soon have fresh, free and fair elections. (AllAfrica News)

International News

While wiping out Russia’s biggest source of used cars, the sanctions have driven down prices for second-hand cars in Japan and left brokers scrambling to send vehicles to other regions, especially right-hand drive markets in New Zealand, Southeast Asia and Africa. (Reuters News)

Asian stocks ended mixed on Monday as concerns about China’s property market returned to the fore and investors awaited inflation data from across the region for directional cues. (RTT News)

United States President Joe Biden says aid to Ukraine will keep flowing for now as he seeks to reassure allies of continued support for the war effort. (Aljazeera News)

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