NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 137,537.00 | 24,129,401.49 | 100.00% |
ETFs | – | – | 0.00% |
Total | 137,537.00 | 24,129,401.49 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 24,129,401.49 worth of shares was traded on the NSX on Wednesday with about N$ 97,987 worth of shares belonging to Shoprite Holdings and N$ 6,500 from Paratus Namibia Holdings Ltd on the home front. No ETFs were traded on Wednesday.
HEI Market Commentary
From the trading activity that took place:
- Shoprite Holdings shares continue to be subscribed as the South African Finance Minister outlined the government’s fiscal and debt outlook improved since the national budget statement in February 2022
- Paratus Namibia Holdings Ltd shares were allotted by market participants, resulting in a slight increase 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 | 30.62 | 30.62 | 0.00% |
Standard Bank Namibia | SNO | 4.40 | 4.40 | 0.00% |
Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
Letshego | LHN | 2.68 | 2.68 | 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 | 12.99 | 12.99 | 0.00% |
Mobile Telecommunication Company | MOC | 7.01 | 7.02 | 0.14% |
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 | 554.39 | 571.35 | 3.06% |
B2Gold Corporation | B2G | 57.99 | 57.46 | -0.91% |
Oceana Group Limited | OCG | 54.69 | 55.00 | 0.57% |
Mediclinic International Plc | MEP | 103.20 | 103.00 | -0.19% |
Truworths | TRW | 52.62 | 51.34 | -2.43% |
Nedbank Group Limited | NBK | 214.05 | 221.06 | 3.27% |
Standard Bank Group | SNB | 171.60 | 173.02 | 0.83% |
Shoprite Holdings | SRH | 230.68 | 234.46 | 1.64% |
FirstRand Limited | FST | 62.64 | 65.14 | 3.99% |
Momentum Metropolitan Holdings | MMT | 16.89 | 17.11 | 1.30% |
Old Mutual Ltd | OMM | 10.00 | 10.41 | 4.10% |
Sanlam Limited | SLA | 52.04 | 53.30 | 2.42% |
Santam Limited | SNM | 253.36 | 251.97 | -0.55% |
Vukile Property Fund Limited | VKN | 13.50 | 13.53 | 0.22% |
Investec Limited | IVD | 87.71 | 88.86 | 1.31% |
PSG Konsult Limited | KFS | 10.96 | 11.03 | 0.64% |
Table 3: Dual-Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 281.39 | 279.72 | -0.59% |
New Gold Palladium ETF | NGNPLD | 339.91 | 340.19 | 0.08% |
New Gold Platinum ETF N | NGNPLT | 161.31 | 164.90 | 2.23% |
New Funds S&P NAM Bond | NFNAMA | 17.07 | 17.26 | 1.11% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 17.89 |
EUR/NAD | 18.03 |
GBP/NAD | 20.80 |
EUR/GBP | 0.87 |
EUR/USD | 0.99 |
GBP/USD | 1.16 |
AUD/USD | 0.65 |
USD/JPY | 145.45 |
Commodities @ 08:00 | |
Gold | 1,669.85 |
Silver | 19.51 |
Platinum | 956.10 |
Palladium | 1,981.78 |
WTI | 87.84 |
Brent | 93.70 |
Table 5: Exchange Rates and Commodities
Local News
The Agricultural Bank of Namibia (Agribank) hereby informs its clients, prospective clients, and all stakeholders that, as of the 1st of December 2022, Agribank will no longer accept cash payments (Sun Newspaper)
Ambassador of the European Union (EU) delegation to Namibia Sinikka Antila, yesterday said Namibia’s exports to the EU market have grown by 50% and at one point reached N$650 billion, while imports only grew by 8.9% (New Era Newspaper)
Public servants unions feel blindsided by finance minister Iipumbu Shiimi’s announcement to cut funding to the Public Service Employee Medical Aid Scheme (Psemas) by N$1 billion over the 2023/24 and 2024/25 financial years. (The Namibian)
Sub-Sahara News
Finance Minister Enoch Godongwana uses his good fortune to cut borrowing and hit fiscal targets ahead of schedule. It is still tough love for the SA Post Office and SAA but Eskom and Transnet will be helped “to do the right thing”, writes Carol Paton. (News24)
Eskom’s dollar-denominated bonds rose on Wednesday after South Africa’s Treasury said the government would take on part of the struggling state-owned power utility’s $22 billion debt. (CNBC Africa)
The Nigerian government has insisted that the country including the capital Abuja is safe for citizens and foreigners, contrary to an advisory by the US and UK governments. (All Africa News)
International News
Toyota Motor Corp has discovered that even keys can be too “smart” for their own good (Reuters)
Asian stocks finished mostly lower on Thursday, tracking Wednesday’s losses on Wall Street. The People’s Bank of China’s status quo on rates and concerns about economic growth in China also dampened sentiment. (RTT News)
Russian President Vladimir Putin has monitored drills of the country’s strategic nuclear forces involving multiple practice launches of ballistic and cruise missiles, in a show of force amid the heightened tensions with the West over the conflict in Ukraine. (Aljazeera News)