NSX DAILY REPORT (27 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 1,975,836.00 63,241,257.57100.00%
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
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
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 CompanyMOC7.027.020.00%
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 plcANM571.35563.48-1.38%
B2Gold CorporationB2G57.4657.25-0.37%
Oceana Group LimitedOCG55.0055.360.65%
Mediclinic International PlcMEP103.00102.70-0.29%
TruworthsTRW51.3452.422.10%
Nedbank Group LimitedNBK221.06223.611.15%
Standard Bank GroupSNB173.02172.01-0.58%
Shoprite HoldingsSRH234.46238.611.77%
FirstRand LimitedFST65.1465.670.81%
Momentum Metropolitan HoldingsMMT17.1116.90-1.23%
Old Mutual LtdOMM10.4110.24-1.63%
Sanlam LimitedSLA53.3053.06-0.45%
Santam LimitedSNM251.97256.261.70%
Vukile Property Fund LimitedVKN13.5313.842.29%
Investec LimitedIVD88.8690.391.72%
PSG Konsult LimitedKFS11.0311.01-0.18%

Table 3: Dual-Listed Trades

NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD279.72277.20-0.90%
New Gold Palladium ETFNGNPLD340.19332.41-2.29%
New Gold Platinum ETF NNGNPLT164.90165.990.66%
New Funds S&P NAM BondNFNAMA17.2617.350.52%

Table 4: ETFs

Exchange Rates @ 08:00 
USD/NAD17.99
EUR/NAD17.95
GBP/NAD20.79
EUR/GBP0.86
EUR/USD0.99
GBP/USD1.15
AUD/USD0.64
USD/JPY146.40
Commodities @ 08:00 
Gold1,664.05
Silver19.47
Platinum966.15
Palladium1,955.03
WTI87.97
Brent94.06

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)

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