NSX DAILY UPDATES (28 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 169,283.00 6,056,484.81100.00%
ETFs –   –  0.00%
Total 169,283.00 6,056,484.81100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 6,056,484.81 worth of shares was traded on the NSX on Monday with about N$31,610 worth of shares belonging to Anglo-American plc and N$5,510,000 worth of shares belonging to Namibia Breweries. 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 3.5% increase in the company’s stock value at the closing.
  • Namibia Breweries. 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 BreweriesNBS38.0038.000.00%
Nictus HoldingsNHL2.202.200.00%
CapricornCGP15.7015.700.00%
First Rand NamibiaFNB48.0048.000.00%
Standard Bank NamibiaSNO7.207.200.00%
Oryx LimitedORY11.3011.300.00%
Letshego  LHN3.873.952.07%
Namibia Asset ManagementNAM0.700.700.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.7512.750.00%
Mobile Telecommunication CompanyMOC7.107.100.00%
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 plcANM475.66492.303.50%
B2Gold CorporationB2G58.5756.39-3.72%
Oceana Group LimitedOCG70.7069.97-1.03%
TruworthsTRW68.8169.941.64%
Nedbank Group LimitedNBK214.75217.511.29%
Standard Bank GroupSNB195.53198.111.32%
Shoprite Holdings SRH262.55263.610.40%
Firstrand LimitedFST73.4074.221.12%
Momentum Metropolitan HoldingsMMT19.8920.141.26%
Old Mutual LtdOMM12.8212.940.94%
Sanlam LimitedSLA65.1465.821.04%
Santam LimitedSNM292.16295.171.03%
Vukile Property Fund LimitedVKN13.3013.350.38%
Investec LimitedIVD108.56111.072.31%
PSG Konsult LimitedKFS13.9314.000.50%
Table 3: Dual Listed Trades
Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD332.79331.84-0.29%
New Gold Palladium ETFNGNPLD221.09226.402.40%
New Gold Platinum ETF NNGNPLT168.59172.702.44%
Satrix S&P Namibia Bond ETF)SXNNAM19.6719.760.46%
Table 4: ETFs
Exchange Rates @ 07:00 
USD/NAD18.52
EUR/NAD20.03
GBP/NAD23.38
EUR/GBP0.85
EUR/USD1.08
GBP/USD1.26
AUD/USD0.64
USD/JPY146.37
Commodities @ 07:00 
Gold1,950.95
Silver24.34
Platinum974.15
Palladium1,258.78
WTI79.84
Brent83.66
Table 5: Exchange Rates and Commodities

Local News

A guide to support independent power producers (IPPs) in accessing the national and regional energy trading markets has been launched (Sun Newspaper)

Deputy Trade Minister Verna Sinimbo said Ongwediva Annual Trade Fair takes great pride in promoting sustainable development – not only for the present but also for the generations to come. (New Era Newspaper)

The airport services company Menzies Aviation (Namibia) has still not released cargo being held in its warehouse at Hosea Kutako International Airport. (The Namibian Newspaper)

Sub-Sahara News

The South Gauteng High Court in Johannesburg has asked the police to investigate an allegedly fraudulent court order that cites PetroSA’s chairperson, Nkululeko Poya, as the applicant. (News24)

The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an anticipated boom in demand for environmentally sustainable air travel. (CNBC Africa)

As Africa slowly recovers from the negative impact of the Covid-19 pandemic, health ministers from across the continent, health professionals, members of civil society, and experts are gathering this week for the seventy-third session of the World Health Organization (WHO) Regional Committee for Africa. (AllAfrica News)

International News

Toyota Motor Corp on Tuesday said it has suspended operations at all 14 of its assembly plants in Japan due to a production system malfunction, bringing domestic output to a standstill at the world’s biggest-selling automaker (Reuters News)

Asian markets finished trading on a positive note on Tuesday following a mixed performance in the previous session. Benchmarks in China and Hong Kong finished with decent gains, helped by strength in the tech sector. (RTT News)

When India halted the exports of non-basmati white rice in late July to control soaring prices domestically and ensure its local availability, the country had an explanation ready. (Aljazeera News)

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