NSX DAILY UPDATE (10 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 226,990.00 8,793,367.38100.00%
ETFs –   –  0.00%
Total 226,990.00 8,793,367.38 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 8,793,367.38 worth of shares was traded on the NSX on Monday with about N$   951,816 worth of Anglo-American and N$     8,571 worth of FirstRand Namibia on the home front. No ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American performance on the stock exchange declined as the index declined as market participants fears for another inflation hike
  • Shares belonging to FirstRand Namibia were traded on the local bourse, with a slight increase in share price at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5042.500.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0013.000.00%
First Rand NamibiaFNB30.6030.610.03%
Standard Bank NamibiaSNO4.904.900.00%
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 plcANM558.60551.02-1.36%
B2Gold CorporationB2G61.1658.01-5.15%
Oceana Group LimitedOCG56.0054.69-2.34%
Mediclinic International PlcMEP99.4098.48-0.93%
TruworthsTRW51.3751.510.27%
Nedbank Group LimitedNBK198.33197.30-0.52%
Standard Bank GroupSNB144.67145.270.41%
Shoprite HoldingsSRH215.00216.380.64%
FirstRand LimitedFST60.8561.160.51%
Momentum Metropolitan HoldingsMMT15.0715.070.00%
Old Mutual LtdOMM9.709.66-0.41%
Sanlam LimitedSLA49.9250.220.60%
Santam LimitedSNM245.60247.000.57%
Vukile Property Fund LimitedVKN13.0813.150.54%
Investec LimitedIVD77.8978.010.15%
PSG Konsult LimitedKFS10.8010.800.00%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD287.38282.10-1.84%
New Gold Palladium ETFNGNPLD396.97392.47-1.13%
New Gold Platinum ETF NNGNPLT162.19157.84-2.68%
New Funds S&P NAM BondNFNAMA17.1917.330.81%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.16
EUR/NAD17.59
GBP/NAD20.04
EUR/GBP0.87
EUR/USD0.96
GBP/USD1.10
AUD/USD0.62
USD/JPY145.81
Commodities @ 08:00 
Gold1,671.35
Silver19.42
Platinum896.05
Palladium2,180.02
WTI90.66
Brent95.81

Table 5: Exchange Rates and Commodities 


Local News

Standard Bank Namibia has raised N$400 million for various renewable energy projects. (Sun Newspaper)

Energy Minister Tom Alweendo says the partnership between Qatar and Namibia on the discovery of oil in the Orange basin is a win-win scenario (New Era Newspaper)

Considered a source of living for many informal settlement residents and the homeless, scrap metal has pushed up a N$35 million export bill in August, and over N$1 billion over the last years. (The Namibian)

Sub-Sahara News

The North Gauteng High Court in Pretoria has dismissed a bid to have the environmental authorization for Eskom’s proposed gas power plant in Richards Bay overturned but has taken aim at the deficient public participation process. (News24)

Zimbabwe’s miners do not expect any significant impact from the government’s proposal to collect royalties in the form of refined minerals, the country’s Chamber of Mines said on Monday (CNBC Africa)

Gambians are calling for justice for 69 children who died from acute kidney injuries linked to India-made cough syrups. India says it suspended the licenses of the drug manufacturer and is investigating the tragedy. (All Africa News)

International News

China is using its financial and scientific muscle to manipulate technologies in a manner that risks global security, Britain’s top cyber spy will say on Tuesday, warning that Beijing’s actions could represent “a huge threat to us all.” (Reuters)

European stocks look set to extend gains from the previous session on Tuesday as Treasury yields eased from levels not seen in roughly a decade on expectations for less aggressive action by the U.S. Federal Reserve. (RTT News)

The attack on the Kerch Strait Bridge has highlighted that nowhere in Ukraine is Russia invulnerable. (Aljazeera News)

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