NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 1,975,836.00 | 63,241,257.57 | 100.00% |
ETFs | – | – | 0.00% |
Total | 1,975,836.00 | 63,241,257.57 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 63,241,257.57 worth of shares was traded on the NSX on Thursday with about N$ 777,003 worth of shares belonging to Anglo-American and N$ 13,640 from SBN Holdings on the home front. No ETFs were traded on Thursday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American shares were sold off by one investor resulting in a slight decrease in share price.
- SBN Holdings shares were allotted by market participants, with no change in share price a 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 | 7.02 | 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 | 571.35 | 563.48 | -1.38% |
B2Gold Corporation | B2G | 57.46 | 57.25 | -0.37% |
Oceana Group Limited | OCG | 55.00 | 55.36 | 0.65% |
Mediclinic International Plc | MEP | 103.00 | 102.70 | -0.29% |
Truworths | TRW | 51.34 | 52.42 | 2.10% |
Nedbank Group Limited | NBK | 221.06 | 223.61 | 1.15% |
Standard Bank Group | SNB | 173.02 | 172.01 | -0.58% |
Shoprite Holdings | SRH | 234.46 | 238.61 | 1.77% |
FirstRand Limited | FST | 65.14 | 65.67 | 0.81% |
Momentum Metropolitan Holdings | MMT | 17.11 | 16.90 | -1.23% |
Old Mutual Ltd | OMM | 10.41 | 10.24 | -1.63% |
Sanlam Limited | SLA | 53.30 | 53.06 | -0.45% |
Santam Limited | SNM | 251.97 | 256.26 | 1.70% |
Vukile Property Fund Limited | VKN | 13.53 | 13.84 | 2.29% |
Investec Limited | IVD | 88.86 | 90.39 | 1.72% |
PSG Konsult Limited | KFS | 11.03 | 11.01 | -0.18% |
Table 3: Dual-Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 279.72 | 277.20 | -0.90% |
New Gold Palladium ETF | NGNPLD | 340.19 | 332.41 | -2.29% |
New Gold Platinum ETF N | NGNPLT | 164.90 | 165.99 | 0.66% |
New Funds S&P NAM Bond | NFNAMA | 17.26 | 17.35 | 0.52% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 17.99 |
EUR/NAD | 17.95 |
GBP/NAD | 20.79 |
EUR/GBP | 0.86 |
EUR/USD | 0.99 |
GBP/USD | 1.15 |
AUD/USD | 0.64 |
USD/JPY | 146.40 |
Commodities @ 08:00 | |
Gold | 1,664.05 |
Silver | 19.47 |
Platinum | 966.15 |
Palladium | 1,955.03 |
WTI | 87.97 |
Brent | 94.06 |
Table 5: Exchange Rates and Commodities
Local News
The national business sector representative body the Namibia Chamber of Commerce and Industry (NCCI) says that advice proffered to the government over the years has often been conveniently ignored. However, the chamber lavishly praised finance minister Iipumbu Shiimi for embracing the private sector’s recommendations (Sun Newspaper)
The minimum wage of construction workers will increase by 2.6% as of 2 November 2022 (New Era Newspaper)
Langer Heinrich uranium mine owner Paladin Energy has announced Duke Energy, a leading Fortune 500 North American power utility, as an off-taker once operations at the mine resume (The Namibian)
Sub-Sahara News
The Climate Investment Funds – a multilateral climate fund affiliated with the World Bank – had approved the funding. (News24)
The European Central Bank announced Thursday a 75-basis-point interest rate hike — its third consecutive increase this year — while also scaling back support for European banks. (CNBC Africa)
The momentous coronation of Zulu King Misuzulu Sinqobile kaZwelithini will bring contenders for the ANC president position under one roof in Durban on Saturday. (All Africa News)
International News
Elon Musk became Twitter Inc’s (TWTR.N) owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. (Reuters)
Asian stocks ended broadly lower on Friday, as the dollar rose with Treasury yields as hawkish signals from Federal Reserve officials ramped up fears of a U.S. recession. (RTT News)
North Korea has fired two short-range ballistic missiles off its east coast, South Korea’s Joint Chiefs of Staff and national media said (Aljazeera News)