NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 734,159.00 | 40,603,485.20 | 100.00% |
ETFs | – | – | 0.00% |
Total | 734,159.00 | 40,603,485.20 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 40,603,485.20 worth of shares was traded on the NSX on Wednesday, with about N$1,613,960 worth of shares belonging to Anglo-American plc and N$5,163,379 worth of shares belonging to Namibia Breweries trades occurred on the home front. No ETFs were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American shares were traded resulting in an increase in the company’s share price by 2.0%
- Namibia Breweries’ shares exchanged hands with an insignificant change in share price by -0.03% from N$36.00 to N$35.99
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 36.00 | 35.99 | -0.03% |
Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
Capricorn | CGP | 13.71 | 13.71 | 0.00% |
First Rand Namibia | FNB | 38.03 | 38.03 | 0.00% |
Standard Bank Namibia | SNO | 7.99 | 7.99 | 0.00% |
Oryx Limited | ORY | 11.99 | 11.99 | 0.00% |
Letshego | LHN | 3.75 | 3.75 | 0.00% |
Namibia Asset Management | NAM | 0.68 | 0.68 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.79 | 12.79 | 0.00% |
Mobile Telecommunication Company | MOC | 7.06 | 7.08 | 0.28% |
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 | 570.55 | 582.11 | 2.03% |
B2Gold Corporation | B2G | 75.32 | 77.97 | 3.52% |
Oceana Group Limited | OCG | 69.10 | 67.60 | -2.17% |
Mediclinic International Plc | MEP | 116.38 | 118.00 | 1.39% |
Truworths | TRW | 51.03 | 49.44 | -3.12% |
Nedbank Group Limited | NBK | 212.31 | 210.00 | -1.09% |
Standard Bank Group | SNB | 165.15 | 163.70 | -0.88% |
Shoprite Holdings | SRH | 207.45 | 205.76 | -0.81% |
FirstRand Limited | FST | 63.67 | 62.50 | -1.84% |
Momentum Metropolitan Holdings | MMT | 18.29 | 17.77 | -2.84% |
Old Mutual Ltd | OMM | 11.55 | 11.28 | -2.34% |
Sanlam Limited | SLA | 54.47 | 53.00 | -2.70% |
Santam Limited | SNM | 266.60 | 266.90 | 0.11% |
Vukile Property Fund Limited | VKN | 12.10 | 12.00 | -0.83% |
Investec Limited | IVD | 103.33 | 103.49 | 0.15% |
PSG Konsult Limited | KFS | 12.40 | 12.40 | 0.00% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 350.45 | 356.81 | 1.81% |
New Gold Palladium ETF | NGNPLD | 281.80 | 294.76 | 4.60% |
New Gold Platinum ETF N | NGNPLT | 194.73 | 200.79 | 3.11% |
New Funds S&P NAM Bond | NFNAMA | 18.42 | 18.32 | -0.54% |
Table 4: ETFs
Exchange Rates @ 07:00 | |
USD/NAD | 18.86 |
EUR/NAD | 20.71 |
GBP/NAD | 23.81 |
EUR/GBP | 0.86 |
EUR/USD | 1.09 |
GBP/USD | 1.26 |
AUD/USD | 0.67 |
USD/JPY | 134.17 |
Commodities @ 07:00 | |
Gold | 2,038.65 |
Silver | 25.56 |
Platinum | 1,127.50 |
Palladium | 1,602.03 |
WTI | 73.08 |
Brent | 76.95 |
Table 5: Exchange Rates and Commodities
Local News
Canandian Trigon Metals Inc. has confirmed the successful first mining blast and the official restart of mining operations from its Kombat mine open pit, ahead of initial projections (Sun Newspaper)
The trade ministry has partnered with the German Sparkassenstiftung for International Cooperation (DSIK) to strengthen the capacity of micro, small, and medium enterprises (MSMEs) in Namibia through the provision of business simulation training workshops. (New Era Newspaper)
The Chinese mining company, Xinfeng Investment (Pty) Limited (Xinfeng), has filed an urgent application with the High Court to challenge a decision by the Minister of mines and Energy, Tom Alweendo, to revoke its lithium mining license, which was issued in September last year. (The Namibian Newspaper)
Sub-Sahara News
SAPS boss Fannie Masemola and Hawks chief Godfrey Lebeya faced Parliament’s Standing Committee on Public Accounts on Tuesday. Both were evasive when asked to explain how they responded to allegations made by De Ruyter. (News24)
The rand weakened to its worst level in three years and yields on local-currency bonds rose as concerns over South Africa’s continuing energy shortage and deteriorating economic outlook intensify among investors (CNBC Africa)
In a crucial ruling on May 5, the North Gauteng High Court in Pretoria decided in favor of the National Union of Metalworkers of South Africa (NUMSA) and 18 other applicants seeking relief from severe power outages that have affected much of the country. (All Africa News)
International News
China will be the elephant in the room at this week’s meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country — but also try to get Beijing’s cooperation in solving global debt problems. (Reuters)
Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, on renewed concerns over the outlook for interest rate hikes after the US Fed hiked interest rates for the tenth straight time, but appeared to signal a potential pause in rate hikes. (RTT News)
United States President Joe Biden has warned the economy could enter a recession and shed millions of jobs unless Republicans agree to raise the country’s $31.4 trillion debt ceiling before a fast-approaching deadline. (Aljazeera News)