NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 856,169.00 | 24,468,001.78 | 100.00% |
ETFs | – | – | 0.00% |
Total | 856,169.00 | 24,468,001.78 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 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
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 42.51 | 42.51 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 11.35 | 13.00 | 14.54% |
First Rand Namibia | FNB | 30.56 | 30.56 | 0.00% |
Standard Bank Namibia | SNO | 4.71 | 4.71 | 0.00% |
Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
Letshego | LHN | 2.67 | 2.67 | 0.00% |
Namibia Asset Management | NAM | 0.67 | 0.67 | 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 | 7.01 | 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 | 583.86 | 575.48 | -1.44% |
B2Gold Corporation | B2G | 59.86 | 60.54 | 1.14% |
Oceana Group Limited | OCG | 56.00 | 55.19 | -1.45% |
Mediclinic International Plc | MEP | 99.44 | 99.12 | -0.32% |
Truworths | TRW | 51.01 | 50.82 | -0.37% |
Nedbank Group Limited | NBK | 197.50 | 197.50 | 0.00% |
Standard Bank Group | SNB | 145.46 | 144.90 | -0.38% |
Shoprite Holdings | SRH | 217.55 | 212.92 | -2.13% |
FirstRand Limited | FST | 61.50 | 60.96 | -0.88% |
Momentum Metropolitan Holdings | MMT | 16.43 | 15.22 | -7.36% |
Old Mutual Ltd | OMM | 10.06 | 9.63 | -4.27% |
Sanlam Limited | SLA | 52.53 | 50.14 | -4.55% |
Santam Limited | SNM | 250.59 | 248.50 | -0.83% |
Vukile Property Fund Limited | VKN | 12.60 | 12.65 | 0.40% |
Investec Limited | IVD | 76.31 | 76.26 | -0.07% |
PSG Konsult Limited | KFS | 10.73 | 10.88 | 1.40% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 283.75 | 284.24 | 0.17% |
New Gold Palladium ETF | NGNPLD | 400.93 | 386.00 | -3.72% |
New Gold Platinum ETF N | NGNPLT | 159.24 | 156.67 | -1.61% |
New Funds S&P NAM Bond | NFNAMA | 17.15 | 17.18 | 0.17% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 18.07 |
EUR/NAD | 17.41 |
GBP/NAD | 19.04 |
EUR/GBP | 0.91 |
EUR/USD | 0.96 |
GBP/USD | 1.14 |
AUD/USD | 0.64 |
USD/JPY | 144.15 |
Commodities @ 08:00 | |
Gold | 1,731.30 |
Silver | 20.83 |
Platinum | 927.50 |
Palladium | 2,277.52 |
WTI | 87.57 |
Brent | 93.21 |
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)