NSX DAILY UPDATE (24 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 4,254,481.00126,010,418.42100.00%
ETFs –   –  0.00%
Total 4,254,481.00126,010,418.42 100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 126,010,418.42 worth of shares was traded on the NSX on Monday with about N$ 339,373 worth of Anglo-American and N$    77,655,268 worth of Namibia Breweries on the home front. No ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were subscribed by market participants resulting in share price to soar at closing
  • Shares belonging to Namibia Breweries were sold off by private investors resulting in a decline in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS47.0046.00-2.10%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0013.000.00%
First Rand NamibiaFNB30.6230.620.00%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.682.680.00%
Namibia Asset ManagementNAM0.680.680.00%
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 plcANM553.20559.001.05%
B2Gold CorporationB2G54.2656.494.11%
Oceana Group LimitedOCG53.3753.810.82%
Mediclinic International PlcMEP100.60103.012.40%
TruworthsTRW51.5351.870.66%
Nedbank Group LimitedNBK206.78207.850.52%
Standard Bank GroupSNB165.93166.340.25%
Shoprite HoldingsSRH221.75224.641.30%
FirstRand LimitedFST61.8562.240.63%
Momentum Metropolitan HoldingsMMT15.9216.634.46%
Old Mutual LtdOMM10.0310.01-0.20%
Sanlam LimitedSLA51.1551.510.70%
Santam LimitedSNM251.64251.17-0.19%
Vukile Property Fund LimitedVKN13.3513.501.12%
Investec LimitedIVD84.3387.373.60%
PSG Konsult LimitedKFS10.9411.000.55%

Table 3: Dual-Listed Trades

NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD279.14283.371.52%
New Gold Palladium ETFNGNPLD352.54355.500.84%
New Gold Platinum ETF NNGNPLT160.58164.872.67%
New Funds S&P NAM BondNFNAMA17.1417.07-0.41%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD18.44
EUR/NAD18.20
GBP/NAD20.80
EUR/GBP0.87
EUR/USD0.98
GBP/USD1.12
AUD/USD0.63
USD/JPY148.89
Commodities @ 08:00 
Gold1,660.25
Silver19.27
Platinum928.95
Palladium2,037.53
WTI84.78
Brent91.44

Table 5: Exchange Rates and Commodities 

Local News

Troubled national carrier TransNamib has since June issued numerous letters of demand to non-paying tenants for more than N$20 million in outstanding rent, the company’s spokesperson said (Sun Newspaper)

After two years of Covid-19 pandemic disruptions, Namib Desert Diamonds (Namdia) navigated the negative impact as it performed well during the 2021/22 financial year (New Era Newspaper)

Minister of Finance Iipumbui Shiimi will table the budget 2022/23 midterm budget review in parliament this afternoon.  (The Namibian)

Sub-Sahara News

Union Solidarity plans to take legal action against Dis-Chem in the Labour Court, because it believes the company overstepped by imposing an “absolute barrier” when it came to staff hires. (News24)

Rishi Sunak will be named the U.K.‘s new prime minister, following a fast-tracked Conservative Party leadership race initiated to fill the void left by Liz Truss’ resignation. (CNBC Africa)

The Court of Appeal in Abuja on Monday rejected the Nigerian government’s application for adjournment of a hearing relating to the judgment freeing Nnamdi Kanu from detention. A three-member panel of the Court of Appeal led by Oludotun Adefope-Okojie had on 13 October dismissed the terrorism and treasonable felony charges against the leader of the proscribed Indigenous People of Biafra (IPOB) (All Africa News)

International News

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the first truly global energy crisis”, the head of the International Energy Agency (IEA) said on Tuesday. (Reuters)

Asian stocks ended broadly higher on Tuesday, although Chinese markets slipped after the country delayed the release of its latest economic growth figures along with other key economic indicators amid the weeklong 20th Communist Party National Congress. (RTT News)

Western countries have accused Russia of plotting to use a threat of a dirty bomb laced with nuclear material as a pretext for escalation in Ukraine as Moscow evacuated civilians from a southern city in anticipation of a major battle. (Aljazeera News)

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