NSX DAILY UPDATE (05 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 856,169.00 24,468,001.78100.00%
ETFs –   –  0.00%
Total 856,169.00 24,468,001.78 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 24,468,001.78 worth of shares was traded on the NSX on Wednesday with about N$ 2,943,683 worth of Investec Limited and N$      7,306,318 worth of Capricorn Group on the home front. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Investec Limited shares were sold off by market participants resulting in a decline in share price at closing
  • Shares belonging to Capricorn Group were subscribed by market participants resulting in a 14.54% soar in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5142.510.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.3513.0014.54%
First Rand NamibiaFNB30.5630.560.00%
Standard Bank NamibiaSNO4.714.710.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.672.670.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.017.010.00%
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 plcANM583.86575.48-1.44%
B2Gold CorporationB2G59.8660.541.14%
Oceana Group LimitedOCG56.0055.19-1.45%
Mediclinic International PlcMEP99.4499.12-0.32%
TruworthsTRW51.0150.82-0.37%
Nedbank Group LimitedNBK197.50197.500.00%
Standard Bank GroupSNB145.46144.90-0.38%
Shoprite HoldingsSRH217.55212.92-2.13%
FirstRand LimitedFST61.5060.96-0.88%
Momentum Metropolitan HoldingsMMT16.4315.22-7.36%
Old Mutual LtdOMM10.069.63-4.27%
Sanlam LimitedSLA52.5350.14-4.55%
Santam LimitedSNM250.59248.50-0.83%
Vukile Property Fund LimitedVKN12.6012.650.40%
Investec LimitedIVD76.3176.26-0.07%
PSG Konsult LimitedKFS10.7310.881.40%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD283.75284.240.17%
New Gold Palladium ETFNGNPLD400.93386.00-3.72%
New Gold Platinum ETF NNGNPLT159.24156.67-1.61%
New Funds S&P NAM BondNFNAMA17.1517.180.17%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.07
EUR/NAD17.41    
GBP/NAD19.04
EUR/GBP0.91
EUR/USD0.96
GBP/USD1.14
AUD/USD0.64
USD/JPY144.15
Commodities @ 08:00 
Gold1,731.30
Silver20.83
Platinum927.50
Palladium2,277.52
WTI87.57
Brent93.21

Table 5: Exchange Rates and Commodities 


Local News

The uncapped and unmanageable routes into Namibia from Angola continue to be a headache to Namibian authorities. (Sun Newspaper)

Development Bank of Namibia (DBN) has announced that it has provided N$155 million in finance for the City of Windhoek’s Khomas substation. (New Era Newspaper)

The International Monetary fund (IMF) has again called on the government to continue cutting expenditure, rein in ever-increasing debt and not allow it to become unsustainable. (The Namibian)

Sub-Sahara News

Consultancy McKinsey SA has withdrawn from doing work for Business for South Africa, a volunteer business grouping set up to combat the Covid-19 pandemic. (News24)

Ethiopia’s government has accepted an invitation by the African Union to participate in peace talks aimed at ending a two-year conflict with rival Tigray forces, the prime minister’s national security adviser said on Wednesday. (CNBC Africa)

SADC strategies such as Vision 2050, the Regional Indicative Strategic Development Plan, and the Industrialisation Strategy and Roadmap aim to harness technological innovation to boost region-wide industrialization for sustainable and inclusive economic well-being. An anticipatory approach to industrial policymaking and governance could pave the way toward the necessary transformation articulated in these strategies. (All Africa News)

International News

North Korea fired two short-range ballistic missiles into the sea on Thursday in the direction of Japan, after the return of a U.S. aircraft carrier to the region and a U.N. Security Council meeting in response to the North’s recent launches. (Reuters)

Asian stocks followed Wall Street higher on Thursday after the Bank of England stepped in to buy U.K. debt. (RTT News)

Frustrated with China’s “zero-COVID” lockdowns halting production at a moment’s notice, manufacturers are seeking alternatives to the world’s biggest economy and No 1 manufacturing hub. Vietnam, with its cheap labor, geographic proximity to China, and stable political environment, is a key beneficiary. (Aljazeera News)

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