NSX DAILY UPDATES (18 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 186,373.00 22,219,794.36100.00%
ETFs –   –  0.00%
Total 186,373.00 22,219,794.36100.00%
Table 1: NSX Trades

NSX Activities

A total of N$22,219,794.36 worth of shares was traded on the NSX on Friday with about N$ 583,726 worth of shares belonging to Anglo-American plc and N$ 1,688,374 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants continuously sold off shares belonging to Anglo-American resulting in a 2.8% decline in the company’s stock value at the closing.
  • FirstRand Namibia shares were traded by market participants, resulting in a slight decline in share price by 0.02% at closing.
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS38.0038.000.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP15.5015.550.32%
First Rand NamibiaFNB48.0148.00-0.02%
Standard Bank NamibiaSNO7.007.000.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.873.870.00%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.117.110.00%
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 plcANM488.43474.91-2.77%
B2Gold CorporationB2G57.7157.39-0.55%
Oceana Group LimitedOCG70.6569.39-1.78%
TruworthsTRW67.8366.89-1.39%
Nedbank Group LimitedNBK208.56204.51-1.94%
Standard Bank GroupSNB192.29187.82-2.32%
Shoprite Holdings SRH255.34252.71-1.03%
Firstrand LimitedFST70.9770.10-1.23%
Momentum Metropolitan HoldingsMMT19.0118.72-1.53%
Old Mutual LtdOMM13.0112.73-2.15%
Sanlam LimitedSLA64.0362.59-2.25%
Santam LimitedSNM292.57292.54-0.01%
Vukile Property Fund LimitedVKN13.4813.13-2.60%
Investec LimitedIVD107.96104.95-2.79%
PSG Konsult LimitedKFS14.1114.250.99%
Table 3: Dual Listed Trades
Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD336.05334.10-0.58%
New Gold Palladium ETFNGNPLD224.32227.671.49%
New Gold Platinum ETF NNGNPLT164.82166.230.86%
Satrix S&P Namibia Bond ETF)SXNNAM19.4719.42-0.26%
Table 4: ETFs
Exchange Rates @ 07:00 
USD/NAD19.01
EUR/NAD20.68
GBP/NAD24.21
EUR/GBP0.85
EUR/USD1.08
GBP/USD1.27
AUD/USD0.64
USD/JPY145.339
Commodities @ 07:00 
Gold1,917.85
Silver22.80
Platinum915.95
Palladium1,262.03
WTI81.22
Brent85.38
Table 5: Exchange Rates and Commodities 

Local News

South African air operator Airlink says it is keenly observing developments at the Hosea Kutako International Airport, following Menzies’ eviction as a ground service operator (Sun Newspaper)

Government has through the Namibia Industrial Development Agency invested around N$1 billion to construct 148 industrial parks and business complexes, but only 118 are operational. (New Era Newspaper)

Namibia should increase investment in higher-yielding horticultural seeds, water availability and basic farmer training to boost production and competitiveness in international markets and also take advantage of the African Continental Free Trade Area. (The Namibian Newspaper)

Sub-Sahara News

Eskom says that board chairperson Mpho Makwana is not liable for the R2 million debt his church owes the power utility. (News24)

China’s President Xi Jinping will attend the BRICS leaders’ meeting and visit South Africa on Aug. 21-24, the Chinese foreign ministry said in a statement on Friday. (CNBC Africa)

President Emmerson Mnangagwa has lashed out at foreign embassies and Election Observer Missions demanding free and fair elections from his government at Zimbabwe’s upcoming polls. (AllAfrica News)

International News

Tropical Storm Hilary unleashed furious flash floods east and west of Los Angeles on Sunday as the system made its historic arrival in California after barreling through Mexico’s Baja California peninsula with deadly force (Reuters News)

Asian stocks fell sharply on Monday as concerns mounted around Country Garden, a major property developer in China that is now on the brink of default (RTT News)

Singaporean employers are using the justice system as a “tool” to threaten and control domestic workers, with more than 80 percent of police reports made by bosses against their maids not leading to charges, according to a new report. (Aljazeera News)

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