Namibian Stock Exchange
Type | Stock Exchange |
---|---|
Location | Windhoek, Namibia |
Founded | 18 January 1904 (old) 30 September 1992 (current) |
Owner | Members |
Key people | David Nuyoma (Chairman) Tiaan Bazuin (CEO) |
Currency | Namibian dollar |
No. of listings | 44 which include 4 Commodity ETF’s (2017) |
Market cap | N$2 trillion (Sep 2018) |
Volume | N$13.859 billion (Aug 2018) |
Website | www.nsx.com.na |
The Namibian Stock Exchange (NSX) (Afrikaans: Namibiese Effektebeurs; German: Börse Namibia) is the only stock exchange in Namibia. Based in Windhoek, it is one of the largest stock exchanges on the African continent. It has a partnership with JSE in neighbouring South Africa. The NSX is only open on weekdays, and trades continuously from 09:00 to 17:00 (WAT), excluding public holidays.[1]
The stock exchange operates under a license from the Namibian non-banking financial regulator NAMFISA. The stock exchange is regulated by the Stock Exchanges Control Act (1985 and 1992).
History
The first stock exchange in Namibia was founded in Lüderitz (previously known as the Lüderitz Stock Exchange). It opened at the start of the 1900s as a result of the diamond rush, which brought hundreds of prospectors to the desert, who then built settlements in the area. After a few years, the old exchange closed when the diamond rush ended and there were no more business opportunities.[2]
Relaunch
The idea of a second Namibian Stock Exchange was started as people planned to build an independent economy ahead of the 1990 national independence from South African occupation. The government gave the idea the go ahead and full legislative support,[2] while funding came from 36 leading Namibian businesses, representing the full cross-section of interested parties in developing capital markets, who became founder members by donating N$10,000 each to act as start-up capital for the first three years of the exchange. The official launch, by then Finance Minister Gert Hanekom, was on September 30, 1992,[3] and trading began the next day in the shares of Nictus, a local firm already listed in Johannesburg, and on that day dual-listed in Namibia. At that stage there was only one stockbroker, who also acted as consultant. Since then, five more stockbrokers have joined and twice a year the NSX sets examinations for new stockbrokers.
Listed companies
As of April 2018[update], there are 44 companies listed on the stock exchange. In addition, there are 33 companies with more than one listing, and 24 companies also listed on the JSE in South Africa. The Namibian Stock Exchange has ten local listings.[clarification needed][4]
Company | Sector |
---|---|
Anglo-American | Industrial Metals |
Paladin Energy | Mining |
Afrox | Chemistry |
Barloworld | General Industry |
Bidvest Namibia | Support Services |
Namibia Breweries Ltd | Beverages |
Clover Industries Ltd | Food Processors |
Oceana Group | Food Production |
Mediclinic International Plc | Health Care Providers |
Nictus Holdings | Trade |
Truworths International | Trade |
Shoprite Holdings | Food Trade |
Capricorn Investment Group Ltd | Banking |
FirstRand Ltd | Bank |
FirstRand Namibia Ltd | Banking |
Nedbank Group | Banking |
Standard Bank Namibia Group | Banking |
Santam | Insurance |
MMI Holdings | Life Insurance |
Old Mutual Ltd | Life Insurance |
Sanlam | Life Insurance |
Oryx Properties | Real Estate |
Vukile Property Fund | Real Estate |
Astoria Investments Ltd | Finance |
Bravura Holdings Ltd | Finance |
Investec | Finance |
Namibia Asset Management | Finance |
PSG Konsult Ltd | Finance |
Stimulus Investments | Finance |
Tadvest Limited | Finance |
Trevo Capital Limited | Finance |
TrustCo Group Holdings | Finance |
Letshego Holdings Namibia | Finance |
B2Gold | Mining |
Bannerman Resources | Mining |
Deep Yellow | Mining |
Celsius Resources Limited | Mining |
Forsys Metals | Mining |
Marenica Energy | Mining |
Nimbus Infrastructure Ltd | Technology Hardware & Equipment |
References
External links
- Official website
- Namibian Stock Exchange
- NSE Profile
- About Namibia
- v
- t
- e
- Abu Dhabi Securities Exchange
- Amman Stock Exchange
- Athens Stock Exchange
- Australian Securities Exchange
- Bahrain Bourse
- BATS Global Markets
- Bermuda Stock Exchange
- BM&F Bovespa
- BME Spanish Exchanges
- Bolsa de Comercio de Buenos Aires
- Bolsa de Comercio de Santiago
- Bolsa de Valores de Colombia
- Bolsa de Valores de Lima
- Bolsa Mexicana de Valores
- Borsa Istanbul
- Bourse de Casablanca
- BSE India Limited
- Bulgarian Stock Exchange – Sofia
- Bursa Malaysia
- Cboe Global Markets
- China Financial Futures Exchange
- CME Group
- Colombo Stock Exchange
- Cyprus Stock Exchange
- Dalian Commodity Exchange
- Deutsche Börse
- Dubai Financial Market
- Egyptian Exchange
- Euronext
- Ho Chi Minh City Stock Exchange
- Hong Kong Exchanges and Clearing
- Indonesia Stock Exchange
- Intercontinental Exchange
- Japan Exchange Group
- JSE Limited
- Kazakhstan Stock Exchange
- Korea Exchange
- London Stock Exchange Group
- Luxembourg Stock Exchange
- Malta Stock Exchange
- Moscow Exchange (suspended)
- Muscat Securities Market
- NASDAQ OMX
- National Stock Exchange of India
- Nigerian Stock Exchange
- NZX Limited
- Oslo Børs
- Philippine Stock Exchange
- Qatar Exchange
- Saudi Stock Exchange (Tadawul)
- Shanghai Futures Exchange
- Shanghai Stock Exchange
- Shenzhen Stock Exchange
- Singapore Exchange
- SIX Swiss Exchange
- Stock Exchange of Mauritius
- Stock Exchange of Thailand
- Taipei Exchange
- Taiwan Futures Exchange
- Taiwan Stock Exchange
- Tel Aviv Stock Exchange
- TMX Group
- Zhengzhou Commodity Exchange
- Beirut Stock Exchange
- Bourse de Tunis
- BRVM
- Bucharest Stock Exchange
- Cayman Islands Stock Exchange
- Chittagong Stock Exchange
- Dhaka Stock Exchange
- Dubai Gold & Commodities Exchange
- Hanoi Stock Exchange
- Indonesia Commodity and Derivatives Exchange
- Multi Commodity Exchange
- Nairobi Securities Exchange
- Namibian Stock Exchange
- Nepal Stock Exchange
- Palestine Exchange
- Port Moresby Stock Exchange
- The International Stock Exchange
- Ukrainian Exchange