Trading Days and Events of the Namibian Stock Exchange
(handling of public holidays in NAM/RSA)
Notes:
*The NSX is closed for trading and dual listed settlements on all SA Public Holidays “NSX Gazette #111, 31 Mar 2008”
* The end of market close times refers to the end of the administration period. For detailed information on the trading sessions, please refer to the tables.
*All times Namibian Standard Time
Information Service Centre:
| Please refer all queries to |
|
| Contact Number | +264 61 227647 |
| Business Hours | 07:30 – 17:30 |
Trading Hours & Settlement Cycles
Trading Hours: Equity Market
- Normal Trading Hours
|
Market |
Segment |
Open |
Close |
|
Equity |
ZA11 (local listed) |
09:00 |
17:00 |
|
Equity |
ZA12 (dual listed) |
09:00 |
17:10 |
- Early Close Trading Hours (24 & 31 December)
|
Market |
Segment |
Open |
Close |
|
Equity |
ZA11 (local listed) |
09:00 |
12:00 |
|
Equity |
ZA12 (dual listed) |
09:00 |
12:10 |
- Bond Market
- Trading Hours: OTC trading, with secondary trading reported to the NSX
- Settlement Cycle: Settlement will continue to take place on a T+1, T+2, T+3 business day basis
- NENS Announcements
- On 24 and 31 December, NENS will release announcements between 07:05 – 12:50.
- Announcements submitted after 12:50 will be stored and released the next business day.
NB: The Issuer/Sponsor must submit all relevant company and price sensitive information to the NSX as soon as possible after authorization for release on the NENS System. An announcement must be released on SENS before it’s published in the newspaper.
Settlement Cycles:
Equities Settlement
- Local/Primary Listed Companies: Settlement will take place on a T+5 cycle for all local listed companies.
- Dual/Secondary Listed Companies: Settlement will take place on a T+3 cycle for all secondary listed companies. “NSX Gazette #136, February 2007”
Bond Settlement
Settlement Cycle: Settlement will continue to take place on a T+1, T+2, T+3 business day basis.