NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 253,734.00 | 6,865,319.74 | 98.87% |
ETFs | 307.00 | 78,231.78 | 1.13% |
Total | 254,041.00 | 6,943,551.52 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 6,865,319.74 worth of shares was traded on the NSX on Tuesday with about N$ 971,517 worth of shares belonging to Anglo-American plc and N$ 18,946 worth of shares belonging to Shoprite Holdings. ETFs worth N$ 78,231.78 were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold shares belonging to Anglo-American resulting in a decrease in the company’s stock value by -4.6%% at closing.
- Shoprite Holdings shares were traded by market participants, resulting in a decline in share price by 3.4% at closing
- New Gold Platinum ETF N & New Gold Issuer Ltd NM ETF positions were sold off by market participants
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 31.97 | 31.97 | 0.00% |
Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
Capricorn | CGP | 16.50 | 16.50 | 0.00% |
First Rand Namibia | FNB | 49.99 | 49.99 | 0.00% |
Standard Bank Namibia | SNO | 8.00 | 8.00 | 0.00% |
Oryx Limited | ORY | 12.44 | 12.44 | 0.00% |
Letshego | LHN | 3.90 | 3.90 | 0.00% |
Namibia Asset Management | NAME | 0.70 | 0.70 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.72 | 12.72 | 0.00% |
Mobile Telecommunication Company | MOC | 7.19 | 7.19 | 0.00% |
Alpha Namibia Industries Renewable Power Limited | ANE | 8.99 | 8.99 | 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 | 506.40 | 483.26 | -4.57% |
B2Gold Corporation | B2G | 60.83 | 60.91 | 0.13% |
Oceana Group Limited | OCG | 68.66 | 68.74 | 0.12% |
Truworths | TRW | 82.84 | 80.01 | -3.42% |
Nedbank Group Limited | NBK | 210.02 | 206.50 | -1.68% |
Standard Bank Group | SNB | 193.97 | 189.63 | -2.24% |
Shoprite Holdings | SRH | 246.64 | 243.19 | -1.40% |
Firstrand Limited | FST | 64.60 | 62.30 | -3.56% |
Momentum Metropolitan Holdings | MMT | 22.12 | 21.33 | -3.57% |
Old Mutual Ltd | OMM | 12.30 | 11.91 | -3.17% |
Sanlam Limited | SLA | 69.23 | 67.71 | -2.20% |
Santam Limited | SNM | 281.82 | 276.92 | -1.74% |
Vukile Property Fund Limited | VKN | 13.04 | 13.15 | 0.84% |
Investec Limited | IVD | 107.62 | 105.97 | -1.53% |
PSG Konsult Limited | KFS | 15.09 | 14.76 | -2.19% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 337.80 | 335.54 | -0.67% |
New Gold Palladium ETF | NGNPLD | 197.11 | 188.18 | -4.53% |
New Gold Platinum ETF N | NGNPLT | 162.42 | 158.85 | -2.20% |
Satrix S&P Namibia Bond ETF) | SXNNAM | 19.80 | 19.65 | -0.76% |
Table 4: ETFs
Exchange Rates @ 07:00 | |
USD/NAD | 18.37 |
EUR/NAD | 19.63 |
GBP/NAD | 22.56 |
EUR/GBP | 0.87 |
EUR/USD | 1.06 |
GBP/USD | 1.22 |
AUD/USD | 0.64 |
USD/JPY | 150.66 |
Commodities @ 07:00 | |
Gold | 1,973.20 |
Silver | 22.52 |
Platinum | 895.80 |
Palladium | 1,035.78 |
WTI | 77.14 |
Brent | 81.55 |
Table 5: Exchange Rates and Commodities
Local News
The World Bank yesterday advised Namibia to strike a balance between developing her green hydrogen ambitions and growing existing industries… (Sun Newspaper)
Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted approval to resume exploration in the northeast of the country… (New Era Newspaper)
Namibia has witnessed the groundbreaking ceremony of what will be the first carbon-neutral iron ore mine in the world… (The Namibian Newspaper)
Sub-Sahara News
Transnet survived a R7 billion debt redemption this week, with the PIC rolling over R4,4 billion of debt granting it four months grace to make the final repayment… (News24)
Big hikes in the minimum wage planned in central Europe for next year raise the risk of more persistent inflation or job losses amid relatively weak productivity growth across the region, the International Monetary Fund (IMF) has warned…. (CNBC Africa)
The White House has named Ghanaian-American Deniece Laurent-Mantey as executive director of the President’s Advisory Council on African Diaspora Engagement in the United States… (AllAfrica News)
International News
Israel’s ground forces in the Gaza Strip aimed on Wednesday to locate and disable Hamas militants’ vast tunnel network beneath the enclave, the next phase in an Israeli offensive that has killed thousands of Palestinians… (Reuters News)
European stocks may open higher on Wednesday, even as the upside may remain capped ahead of the Federal Reserve’s rate decision later in the day … (RTT News)
US President Joe Biden does not support an Israeli military occupation of the Gaza Strip after the Israel-Hamas war ends, a White House spokesman has said… (Aljazeera News)