NSX DAILY UPDATES (21 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 184,885.00 19,476,726.76100.00%
ETFs –   –  0.00%
Total 184,885.00 19,476,726.76100.00%
Table 1: NSX Trades

NSX Activities

A total of N$19,476,726.76 worth of shares was traded on the NSX on Monday with about N$ 2,032,037 worth of shares belonging to Anglo-American plc and N$ 70,645 worth of shares belonging to SBN Holdings Ltd. No ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants subscribed to shares belonging to Anglo-American resulting in a 1.0% increase in the company’s stock value at the closing.
  • SBN Holdings shares were traded by market participants, resulting in an increase in share price by 1.4% 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%
CapricornCGP15.5515.550.00%
First Rand NamibiaFNB48.0048.000.00%
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 CompanyMOC7.117.10-0.14%
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 plcANM474.91479.851.04%
B2Gold CorporationB2G57.3957.23-0.28%
Oceana Group LimitedOCG69.3970.000.88%
TruworthsTRW66.8967.380.73%
Nedbank Group LimitedNBK204.51209.242.31%
Standard Bank GroupSNB187.82192.382.43%
Shoprite Holdings SRH252.71257.221.78%
Firstrand LimitedFST70.1071.682.25%
Momentum Metropolitan HoldingsMMT18.7218.981.39%
Old Mutual LtdOMM12.7312.992.04%
Sanlam LimitedSLA62.5963.831.98%
Santam LimitedSNM292.54294.080.53%
Vukile Property Fund LimitedVKN13.1313.130.00%
Investec LimitedIVD104.95106.471.45%
PSG Konsult LimitedKFS14.2514.16-0.63%
Table 3: Dual Listed Trades
Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD334.10333.91-0.06%
New Gold Palladium ETFNGNPLD227.67227.780.05%
New Gold Platinum ETF NNGNPLT166.23166.350.07%
Satrix S&P Namibia Bond ETF)SXNNAM19.4219.510.46%
Table 4: ETFs
Exchange Rates @ 07:00 
USD/NAD18.94
EUR/NAD20.66
GBP/NAD24.19
EUR/GBP0.85
EUR/USD1.09
GBP/USD1.27
AUD/USD0.64
USD/JPY146.02
Commodities @ 07:00 
Gold1,924.35
Silver23.35
Platinum915.90
Palladium1,248.40
WTI79.93
Brent84.24
Table 5: Exchange Rates and Commodities 

Local News

Treasury says very little progress has been made in meeting President Geingob’s desired target of reducing the government’s wage bill. (Sun Newspaper)

South Africa’s electricity minister Kgosientsho Ramokgopa last week said Namibians should not have sleepless nights worrying when the lights will go off, as his country will continue providing electricity despite their own load-shedding challenges. (New Era Newspaper)

Paragon Investment Holdings took over ground handling operations at Hosea Kutako International Airport on Saturday morning.. (The Namibian Newspaper)

Sub-Sahara News

South Africans are no closer to learning the truth about the source of $580 000 in cash that was stolen from President Cyril Ramaphosa’s couch at his Phala Phala game farm after the SA Reserve Bank wrapped up a year-long probe. (News24)

Emerging market equities sank to two-month lows on Monday, as the latest stimulus measures from China disappointed investors, while Turkish banks slumped after the central bank rolled back a scheme that protects deposits against falls in the lira. (CNBC Africa)

According to AllAfrica’s Executive Chairman, Amadou Mahtar Ba, the world is more than halfway through the 2030 United Nations Sustainable Development Goals deadline, but for the first time in decades, the United Nations (UN) is reporting that development progress is reversing due to the combined impacts of climate disasters, conflict, economic downturn, and lingering effects of the novel coronavirus pandemic. (AllAfrica News)

International News

Japan said on Tuesday it will start releasing more than 1 million metric tonnes of treated radioactive water from the wrecked Fukushima nuclear power plant on Aug. 24, putting into motion a plan that has drawn strong criticism from China. (Reuters News)

Asian stocks ended mixed on Tuesday as a broad array of Chinese economic data missed expectations and the country’s central bank cut a key interest rate in an effort to boost flagging growth. (RTT News)

They are giant economies, with even bigger populations and still greater ambitions. Starting Tuesday, leaders of the group of nations known as the BRICS – Brazil, Russia, India, China, and South Africa – are meeting for a three-day summit, which is expected to draw eyeballs from capitals around the world. (Aljazeera News)

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