HIGH ECONOMIC INTELLIGENCE NAMIBIAN STOCK EXCHANGE(NSX) DAILY REPORT (17 NOVEMBER 2022)
| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 69,845.00 | 5,807,911.59 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 69,845.00 | 5,807,911.59 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 5,807,911.59 worth of shares was traded on the NSX on Thursday with about N$ 1,248,859 worth of shares belonging to Anglo-American and N$ 826,712 from Namibia Breweries on the home front. No ETFs were traded on Thursday.
HEI Market Commentary
From the trading activity that took place:
- Anglo-American’s shares indicate a bearish week where shares were dumped indicating a lack of confidence from investors in the company’s performance.
- Namibia Breweries’ shares were traded by market participants, with no change in share price at closing
| 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 | 657.60 | 646.62 | -1.67% |
| B2Gold Corporation | B2G | 59.63 | 58.98 | -1.09% |
| Oceana Group Limited | OCG | 55.78 | 55.30 | -0.86% |
| Mediclinic International Plc | MEP | 101.12 | 102.05 | 0.92% |
| Truworths | TRW | 55.40 | 55.42 | 0.04% |
| Nedbank Group Limited | NBK | 216.15 | 215.40 | -0.35% |
| Standard Bank Group | SNB | 176.79 | 176.28 | -0.29% |
| Shoprite Holdings | SRH | 247.00 | 250.88 | 1.57% |
| FirstRand Limited | FST | 64.54 | 64.43 | -0.17% |
| Momentum Metropolitan Holdings | MMT | 16.72 | 16.63 | -0.54% |
| Old Mutual Ltd | OMM | 10.73 | 10.70 | -0.28% |
| Sanlam Limited | SLA | 53.67 | 53.77 | 0.19% |
| Santam Limited | SNM | 258.87 | 257.09 | -0.69% |
| Vukile Property Fund Limited | VKN | 14.07 | 14.11 | 0.28% |
| Investec Limited | IVD | 93.24 | 93.86 | 0.66% |
| PSG Konsult Limited | KFS | 12.22 | 12.29 | 0.57% |
Table 3: Dual-Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 286.11 | 286.85 | 0.26% |
| New Gold Palladium ETF | NGNPLD | 346.26 | 337.09 | -2.65% |
| New Gold Platinum ETF N | NGNPLT | 168.78 | 166.82 | -1.16% |
| New Funds S&P NAM Bond | NFNAMA | 17.73 | 17.47 | -1.47% |
Table 4: ETFs
| Exchange Rates @ 08:00 | |
| USD/NAD | 17.30 |
| EUR/NAD | 17.35 |
| GBP/NAD | 20.59 |
| EUR/GBP | 0.87 |
| EUR/USD | 1.03 |
| GBP/USD | 1.18 |
| AUD/USD | 0.67 |
| USD/JPY | 139.86 |
| Commodities @ 08:00 | |
| Gold | 1,765.80 |
| Silver | 21.13 |
| Platinum | 989.40 |
| Palladium | 2,008.03 |
| WTI | 82.25 |
| Brent | 90.23 |
Table 5: Exchange Rates and Commodities
Local News
The government wants the Social Security Commission (SSC) to avail N$40 million over two years to fund a state-sponsored internship programme, a leaked document has revealed (Sun Newspaper)
The New Home Affairs Headquarters were named after former president Hifikepunye Pohamba, Namibia’s first home affairs minister (New Era Newspaper)
Uis, a mining settlement with a population of 5,000 or less, has become a hot spot for rare earth mineral explorers, with an Australian company recently announcing it found high-grade lithium-cesium-tantalum-rubidium-type rocks. (The Namibian)
Sub-Sahara News
Major credit-ratings companies will probably only consider taking decisive action on South Africa’s junk assessment after the governing party elects a new leader and more detailed plans to tackle the state-owned power utility’s unsustainable debt burden are announced. (News24)
The U.N. climate agency published the first draft on Thursday of a hoped-for final agreement from the COP27 climate summit, repeating many of last year’s goals while leaving contentious issues still to be resolved. (CNBC Africa)
The fallout of a changing climate is indisputable as it is already disrupting the livelihoods of millions of people in Africa, especially the poorest and most vulnerable. (All Africa News)
International News
North Korea fired a ballistic missile on Thursday as it warned of “fiercer military responses” to U.S. efforts to boost its security presence in the region with its allies, saying Washington is taking a “gamble it will regret”. (Reuters)
Asian stocks soared on Friday, as China cut quarantine restrictions for inbound travelers and flights and softer-than-expected U.S. inflation data fuelled hopes the Federal Reserve will ease up on its interest rate increases in the coming months. (RTT News)
Russia’s war in Ukraine jolted NATO this week when a missile exploded in a Polish village near the Ukrainian border, killing two people. (Aljazeera News)