NSX DAILY UPDATE (02 NOVEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 79,883.00 6,986,525.09100.00%
ETFs –   –  0.00%
Total 79,883.00 6,986,525.09 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 6,986,525.09 worth of shares was traded on the NSX on Wednesday with about N$ 4,043,785 worth of shares belonging to Anglo-American plc and N$ 230,000 from Namibia Breweries on the home front. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares traded with a decrease in share price at closing.
  • Namibia Breweries shares were traded by market participants, with an increase 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 NamibiaFNB30.7030.700.00%
Standard Bank NamibiaSNO4.404.410.23%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.822.820.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.0013.000.00%
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 plcANM571.20564.69-1.14%
B2Gold CorporationB2G55.9857.382.50%
Oceana Group LimitedOCG55.5056.000.90%
Mediclinic International PlcMEP103.50103.690.18%
TruworthsTRW52.6153.932.51%
Nedbank Group LimitedNBK216.12217.160.48%
Standard Bank GroupSNB170.69172.090.82%
Shoprite HoldingsSRH232.24233.810.68%
FirstRand LimitedFST64.1964.10-0.14%
Momentum Metropolitan HoldingsMMT17.1016.99-0.64%
Old Mutual LtdOMM10.3110.451.36%
Sanlam LimitedSLA53.0953.300.40%
Santam LimitedSNM256.11250.05-2.37%
Vukile Property Fund LimitedVKN13.3413.521.35%
Investec LimitedIVD89.7791.612.05%
PSG Konsult LimitedKFS11.3011.21-0.80%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD280.23279.83-0.14%
New Gold Palladium ETFNGNPLD335.14327.05-2.41%
New Gold Platinum ETF NNGNPLT166.25166.600.21%
New Funds S&P NAM BondNFNAMA17.3517.370.12%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.25
EUR/NAD17.92
GBP/NAD20.80
EUR/GBP0.86
EUR/USD0.98
GBP/USD1.13
AUD/USD0.63
USD/JPY147.53
Commodities @ 08:00 
Gold1,637.05
Silver19.25
Platinum935.90
Palladium1,858.28
WTI89.50
Brent95.78

Table 5: Exchange Rates and Commodities 


Local News

The numbers that become clear in the run-up to this year’s Namibia Tourism Expo, which kicks off today and will conclude on Saturday, 5 November, are not only impressive but also say a lot about the character of the event (Sun Newspaper)

The Deputy finance minister says the implementation of measures to provide tax relief to taxpayers will be fast-tracked (New Era Newspaper)

Namibia and Russia are currently in talks that could see the Vladimir Putin-head nation supplementing the Land of the Brave’s fuel supplies. (The Namibian)

Sub-Sahara News

South Africa’s insurance gap is now R34.4 trillion. That is by how much-insured households are short to cover their expenses, should a breadwinner die or become disabled. This is according to the latest Life and Disability Insurance Gap Study. (News24)

The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary policy to bring down inflation. (CNBC Africa)

The Federal Government in Addis Ababa and Tigrayan authorities have agreed on a ceasefire. “The two parties in the Ethiopian conflict have formally agreed to the cessation of hostilities as well as the systematic, orderly, smooth and coordinated disarmament,” the African Union mediator in peace talks, former president Olusegun Obasanjo of Nigeria, announced in Pretoria. (All Africa News)

International News

Russia has said it would resume its participation in a deal freeing up grain exports from Ukraine, reversing a decision that world leaders warned would increase hunger globally. (Reuters)

Asian shares ended mixed on Thursday as Fed pivot hopes were offset by concerns over China’s growth trajectory. (RTT News)

Big banks, including Australia’s ANZ, have continued to do business with a bank owned by Myanmar’s military administration despite its bloody crackdown on anti-coup protests, according to an advocacy group and leaked documents. (Aljazeera News)

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