NSX DAILY UPDATE (09 NOVEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 79,604.00 6,769,911.05100.00%
ETFs –   –  0.00%
Total 79,604.00 6,769,911.05 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$6,769,911.05 worth of shares was traded on the NSX on Wednesday with about N$ 2,026,410 worth of shares belonging to Anglo-American plc and N$ 285,350 from Capricorn Group 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 an increase in share price at closing.
  • Capricorn Group shares were traded by market participants, with no change in share price
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 NamibiaFNB31.0031.000.00%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN3.003.000.00%
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 plcANM610.59618.101.23%
B2Gold CorporationB2G56.2659.415.60%
Oceana Group LimitedOCG57.8857.03-1.47%
Mediclinic International PlcMEP101.55100.60-0.94%
TruworthsTRW54.9855.641.20%
Nedbank Group LimitedNBK220.90221.830.42%
Standard Bank GroupSNB177.25177.03-0.12%
Shoprite HoldingsSRH234.63254.378.41%
FirstRand LimitedFST65.9566.781.26%
Momentum Metropolitan HoldingsMMT16.8516.79-0.36%
Old Mutual LtdOMM10.6010.680.75%
Sanlam LimitedSLA53.5353.690.30%
Santam LimitedSNM255.56254.37-0.47%
Vukile Property Fund LimitedVKN13.6313.680.37%
Investec LimitedIVD93.7793.31-0.49%
PSG Konsult LimitedKFS11.1811.230.45%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD278.71284.432.05%
New Gold Palladium ETFNGNPLD325.22327.510.70%
New Gold Platinum ETF NNGNPLT169.67170.720.62%
New Funds S&P NAM BondNFNAMA17.5217.560.23%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.75
EUR/NAD17.83
GBP/NAD20.26
EUR/GBP0.87
EUR/USD1.00
GBP/USD1.14
AUD/USD0.64
USD/JPY146.13
Commodities @ 08:00 
Gold1,715.25
Silver21.26
Platinum1,003.85
Palladium1,873.28
WTI85.68
Brent92.53

Table 5: Exchange Rates and Commodities 


Local News

Development Bank of Namibia (DBN) announced the approval and implementation of a Business Rescue Program for qualifying businesses financed by the Bank as a possible alternative to liquidation (Sun Newspaper)

The construction of a 90-megawatt power plant, worth N$ 3 billion, will commence in Swakopmund in early 2023. (New Era Newspaper)

President Hage Geingob has criticized wealthy countries for  causing the climate change crisis and being untruthful about the fight against climate change (The Namibian)

Sub-Sahara News

Transnet Freight Rail’s ex-legal head, Kenneth Diedricks, has appeared in court after being charged with accepting bribes of R300 000 in cash and a Persian carpet from two companies the state-owned entity was in business with. (News24)

A South African court has overturned an earlier order halting the construction of Amazon’s AMZN.O new African headquarters in Cape Town after some descendants of the country’s earliest inhabitants said the land it would be built on was sacred. (CNBC Africa)

Small and medium-sized enterprises are essential engines for growth and play a key role in creating jobs and supporting sustainable livelihoods. Yet, the financing gap for SMEs, particularly in emerging markets, is widening.. (All Africa News)

International News

Republicans were edging closer to securing a majority in the U.S. House of Representatives early on Thursday, while control of the Senate hung in the balance, two days after Democrats staved off a Republican “red wave” in midterm elections. (Reuters)

Asian stocks followed Wall Street lower on Thursday, as investors reacted to hawkish comments from Fed Chair Jerome Powell on the outlook for inflation and rates, and China’s affirmation that a zero-tolerance approach continues to be the overall strategy. (RTT News)

A cyber-extortionist has leaked details of Australians’ medical histories online after a private health insurer refused to pay a ransom for the hacked records of almost 10 million customers. (Aljazeera News)

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