NSX DAILY UPDATE (12 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 781,658.00 35,216,304.60100.00%
ETFs –   –  0.00%
Total 781,658.00 35,216,304.60 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 35,216,304.60 worth of shares was traded on the NSX on Wednesday with about N$ 2,210,000 worth of Shoprite Holdings and N$      1,222 worth of SBN Holdings on the home front. No ETFs were traded on Wednesday.  

HEI Market Commentary

From the trading activity that took place:

  • Shoprite Holdings performance soared as market participants rearrange their portfolios amid the IMF growth projection cuts.
  • Shares belonging to SBN Holdings were traded on the local bourse, with no change in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5045.005.88%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0013.000.00%
First Rand NamibiaFNB30.6130.610.00%
Standard Bank NamibiaSNO4.904.70-4.08%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.672.670.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.017.010.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades


­­

NameSouth African Dual Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM543.02535.81-1.33%
B2Gold CorporationB2G57.5455.88-2.88%
Oceana Group LimitedOCG54.0554.01-0.07%
Mediclinic International PlcMEP99.0399.640.62%
TruworthsTRW52.1550.40-3.36%
Nedbank Group LimitedNBK197.81196.99-0.41%
Standard Bank GroupSNB146.30144.87-0.98%
Shoprite HoldingsSRH218.50220.841.07%
FirstRand LimitedFST61.5157.28-6.88%
Momentum Metropolitan HoldingsMMT15.1215.170.33%
Old Mutual LtdOMM9.479.500.32%
Sanlam LimitedSLA48.6348.960.68%
Santam LimitedSNM247.50248.570.43%
Vukile Property Fund LimitedVKN13.0813.110.23%
Investec LimitedIVD78.1676.36-2.30%
PSG Konsult LimitedKFS10.7810.73-0.46%

Table 3: Dual-Listed Trades

NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD281.87284.891.07%
New Gold Palladium ETFNGNPLD373.53373.520.00%
New Gold Platinum ETF NNGNPLT155.67156.030.23%
New Funds S&P NAM BondNFNAMA17.5017.25-1.43%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.30
EUR/NAD17.76
GBP/NAD20.29
EUR/GBP0.87
EUR/USD0.97
GBP/USD1.10
AUD/USD0.62
USD/JPY146.81
Commodities @ 08:00 
Gold1,675.95
Silver18.94
Platinum876.25
Palladium2,142.02
WTI87.09
Brent92.38

Table 5: Exchange Rates and Commodities 


Local News

Namibia observes Mental Health Month amid a cocktail of dilapidated healthcare facilities and a dire shortage of mental health personnel and beds. (Sun Newspaper)

The Bank of Namibia (BoN) has announced the launch of the FinTech Innovations Regulatory Framework, which outlines how FinTech Innovations that are not currently subject to the bank’s existing regulations will be treated (New Era Newspaper)

A consulting company has cut ties with a Russian state-owned entity exploring for uranium in the Omaheke region after complaining about a lack of information to determine whether mining activities would contaminate Namibia’s underground water (The Namibian)

Sub-Sahara News

Gareth Ackerman urges the government to let the private sector run key infrastructure such as roads, rail, and ports to secure SA’s supply chains and help it fire on all cylinders. (News24)

Staff shortages caused by an ongoing strike over wages are impacting container and car terminals at South Africa’s Durban port, one of the busiest on the continent, a unit of state-owned logistics company Transnet said on Tuesday. (CNBC Africa)

Africa’s relationship with the British monarchy is fraught with complications, not least being that the cornerstone of their modern affiliation, the Commonwealth, is rooted in a dark legacy of colonialism and empire. (All Africa News)

International News

Right-wing conspiracy theorist Alex Jones must pay at least $965 million in damages to numerous families of victims of the 2012 Sandy Hook mass shooting for falsely claiming they were actors who faked the tragedy, a Connecticut jury said on Wednesday. (Reuters)

European stocks traded flat to slightly higher on Thursday despite renewed concerns about inflation and a possible recession. German factory orders decreased 2.4 percent month-on-month in August, Destatis reported (RTT News)

North Korea has test-fired a pair of long-range strategic cruise missiles, with leader Kim Jong Un lauding another successful display of the country’s tactical nuclear strike capability. (Aljazeera News)

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