HIGH ECONOMIC INTELLIGENCE NAMIBIAN STOCK EXCHANGE(NSX) DAILY REPORT (11 NOVEMBER 2022)
| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 113,111.00 | 5,778,507.86 | 94.01% |
| ETFs | 1,296.00 | 368,299.74 | 5.99% |
| Total | 114,407.00 | 6,146,807.60 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 5,778,507.86 worth of shares was traded on the NSX on Friday with about N$ 812,370 worth of shares belonging to Anglo-American plc and N$ 188,500 from Capricorn Group Limited on the home front. ETFs worth N$ 368,299.74 were traded on Friday.
HEI Market Commentary
From the trading activity that took place:
- Anglo-American shares were subscribed by market participants displaying bearish market behavior.
- Capricorn Group’s shares were traded by market participants, with no change in share price at closing
- New Gold Issuer Ltd NM was allotted consecutive times this week
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 46.00 | 46.00 | 0.00% |
| Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
| Capricorn | CGP | 13.00 | 13.00 | 0.00% |
| First Rand Namibia | FNB | 31.00 | 31.00 | 0.00% |
| Standard Bank Namibia | SNO | 4.40 | 4.40 | 0.00% |
| Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
| Letshego | LHN | 3.00 | 3.00 | 0.00% |
| Namibia Asset Management | NAM | 0.68 | 0.68 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 13.00 | 13.00 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.02 | 7.02 | 0.00% |
| Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 0.00% |
Table 2: Primary listed Trades
| Name | South African Dual-Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Anglo-American plc | ANM | 635.36 | 679.47 | 6.94% |
| B2Gold Corporation | B2G | 57.86 | 61.39 | 6.10% |
| Oceana Group Limited | OCG | 56.58 | 57.61 | 1.82% |
| Mediclinic International Plc | MEP | 100.57 | 100.09 | -0.48% |
| Truworths | TRW | 57.34 | 56.63 | -1.24% |
| Nedbank Group Limited | NBK | 226.06 | 223.70 | -1.04% |
| Standard Bank Group | SNB | 179.86 | 179.00 | -0.48% |
| Shoprite Holdings | SRH | 240.01 | 236.49 | -1.47% |
| FirstRand Limited | FST | 66.90 | 66.55 | -0.52% |
| Momentum Metropolitan Holdings | MMT | 17.13 | 17.01 | -0.70% |
| Old Mutual Ltd | OMM | 10.97 | 11.08 | 1.00% |
| Sanlam Limited | SLA | 54.61 | 54.76 | 0.27% |
| Santam Limited | SNM | 256.61 | 252.19 | -1.72% |
| Vukile Property Fund Limited | VKN | 13.89 | 14.07 | 1.30% |
| Investec Limited | IVD | 95.54 | 95.42 | -0.13% |
| PSG Konsult Limited | KFS | 11.19 | 11.56 | 3.31% |
Table 3: Dual-Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 283.60 | 284.39 | 0.28% |
| New Gold Palladium ETF | NGNPLD | 323.53 | 337.55 | 4.33% |
| New Gold Platinum ETF N | NGNPLT | 173.94 | 173.20 | -0.43% |
| New Funds S&P NAM Bond | NFNAMA | 17.58 | 17.81 | 1.31% |
Table 4: ETFs
| Exchange Rates @ 08:00 | |
| USD/NAD | 17.29 |
| EUR/NAD | 17.85 |
| GBP/NAD | 20.34 |
| EUR/GBP | 0.87 |
| EUR/USD | 1.03 |
| GBP/USD | 1.14 |
| AUD/USD | 0.66 |
| USD/JPY | 139.36 |
| Commodities @ 08:00 | |
| Gold | 1,765.70 |
| Silver | 21.58 |
| Platinum | 1,029.15 |
| Palladium | 2,012.50 |
| WTI | 88.72 |
| Brent | 95.81 |
Table 5: Exchange Rates and Commodities
Local News
The Motor Vehicle Accident (MVA) Fund says any proposed future adjustments to fuel levies may erode its revenue stream and affects operations (Sun Newspaper)
The government has spent N$100 million per annum over the last decade on the rehabilitation of rails along the Walvis Bay-Kranzberg- Tsumeb line (New Era Newspaper)
The fishing industry has called on the Ministry of Fisheries and Marine Resources to control “greedy” quota holders, as they are damaging the sustainability of the industry (The Namibian)
Sub-Sahara News
Africa’s biggest renewable power company said it will take years for SA’s electricity supply woes to ease after the government’s bias toward coal led to the collapse of wind and solar energy manufacturers. (News24)
Official events at the COP27 climate conference resume on Monday after a day of rest, with negotiators from nearly 200 countries diving into fractious debates on climate finance. (CNBC Africa)
President Cyril Ramaphosa came out of the heated ANC National Executive Committee (NEC) meeting over the weekend unscathed. (All Africa News)
International News
Ukrainian President Volodymyr Zelenskiy has accused Russian soldiers of committing war crimes and killing civilians in Kherson, parts of which were retaken by Ukraine’s army last week after Russia pulled out. (Reuters)
European stocks rose on Monday, even as a cautious undertone prevailed ahead of mid-term elections in the United States and the latest U.S. consumer inflation report due this week. (RTT News)
Musk, who runs four other companies including electric carmaker Tesla, said on Monday he has been working “from morning til night”, seven days a week since purchasing the social media giant for $44bn last month. (Aljazeera News)