NSX DAILY UPDATES (29 AUGUST 2023)




NSX Trades Traded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 56,443.00 3,413,890.86100.00%
ETFs –   –  0.00%
Total 56,443.00 3,413,890.86100.00%
Table 1: NSX Trades

NSX Activities

A total of N$ 3,413,890.86 worth of shares was traded on the NSX on Tuesday with about N$ 758,174 worth of shares belonging to Anglo-American plc and N$ 83,594 worth of shares belonging to Letshego Holdings. No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Market participants sold-off shares belonging to Anglo-American resulting in a 0.9% decline in the company’s stock value at the closing.
  • Letshego Holdings 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  LHN3.953.950.00%
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 plcANM492.30487.69-0.94%
B2Gold CorporationB2G56.3957.451.88%
Oceana Group LimitedOCG69.9770.330.51%
TruworthsTRW69.9471.342.00%
Nedbank Group LimitedNBK217.51215.50-0.92%
Standard Bank GroupSNB198.11197.00-0.56%
Shoprite Holdings SRH263.61262.07-0.58%
Firstrand LimitedFST74.2274.06-0.22%
Momentum Metropolitan HoldingsMMT20.1419.95-0.94%
Old Mutual LtdOMM12.9412.81-1.00%
Sanlam LimitedSLA65.8266.581.15%
Santam LimitedSNM295.17292.06-1.05%
Vukile Property Fund LimitedVKN13.3513.350.00%
Investec LimitedIVD111.07108.72-2.12%
PSG Konsult LimitedKFS14.0014.000.00%
Table 3: Dual Listed Trades
Name ETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD331.84332.600.23%
New Gold Palladium ETFNGNPLD226.40221.86-2.01%
New Gold Platinum ETF NNGNPLT172.70174.040.78%
Satrix S&P Namibia Bond ETF)SXNNAM19.7619.74-0.10%
Table 4: ETFs
Exchange Rates @ 07:00 
USD/NAD18.53
EUR/NAD20.13
GBP/NAD23.39
EUR/GBP0.86
EUR/USD1.08
GBP/USD1.26
AUD/USD0.64
USD/JPY146.24
Commodities @ 07:00 
Gold1,963.60
Silver24.62
Platinum985.20
Palladium1,251.28
WTI81.53
Brent85.19
Table 5: Exchange Rates and Commodities 

Local News

Airlink has announced in a media release that it has resumed cargo operations at the Hosea Kutako International Airport (HKIA) since yesterday (Sun Newspaper)

The Namibia Ports Authority (NamPort) plans to invest an estimated N$2 billion during the next five years as it prepares for an anticipated energy boom comprising recent oil and gas discoveries and an ambitious green hydrogen initiative. (New Era Newspaper)

The Namibian Agronomic Board (NAB) has opened the border for the importation of seven crops, while keeping the border closed for another seven crops on the special controlled horticultural products for the period 1-30 September. (The Namibian Newspaper)

Sub-Sahara News

Sibanye-Stillwater battens down the hatches in preparation for possible down cycle (News24)

Shares in Sibanye Stillwater SSWJ.J slumped more than 11% on Tuesday as its CEO confirmed the South African company is pressing ahead with a bid for Zambia’s Mopani Copper Mines after a 37% slump in first-half profit. (CNBC Africa)

The COVID-19 Technology Access Pool (C-TAP), a multi-stakeholder partnership to facilitate the sharing of intellectual property (IP), knowledge and innovations has announced three new licensing agreements acquired through the Medicines Patent Pool (MPP) (AllAfrica News)

International News

Russia has informed Brazil’s aircraft investigation authority that it will not probe the crash of the Brazilian-made Embraer jet that killed mercenary boss Yevgeny Prigozhin under international rules “at the moment.” (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)

The world’s second-largest economy is the largest polluter globally, producing 27 percent of emissions and more than the United States, European Union, India, Russia and Japan combined, according to a 2021 analysis by the Rhodium Group. (Aljazeera News)

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