NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 143,673.00 | 10,212,746.95 | 100.00% |
ETFs | – | – | 0.00% |
Total | 143,673.00 | 10,212,746.95 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 10,212,746.95 worth of shares was traded on the NSX on Wednesday with about N$ 1,868,748 worth of shares belonging to Anglo-American plc and N$ 56,029 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 plc performance on the overall bourse increased as investors demands gold as a safe haven to hedge against a trifling microeconomic environment
- Capricorn Group shares were traded by market participants, with no change in share price at closing.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 46.00 | 46.00 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.03 | 13.03 | 0.00% |
First Rand Namibia | FNB | 33.00 | 33.00 | 0.00% |
Standard Bank Namibia | SNO | 4.42 | 4.42 | 0.00% |
Oryx Limited | ORY | 11.50 | 11.50 | 0.00% |
Letshego | LHN | 3.50 | 3.50 | 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 | 13.20 | 13.20 | 0.00% |
Mobile Telecommunication Company | MOC | 7.04 | 7.04 | 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 | 720.00 | 732.05 | 1.67% |
B2Gold Corporation | B2G | 65.04 | 67.00 | 3.01% |
Oceana Group Limited | OCG | 67.57 | 66.96 | -0.90% |
Mediclinic International Plc | MEP | 103.04 | 102.30 | -0.72% |
Truworths | TRW | 60.53 | 61.65 | 1.85% |
Nedbank Group Limited | NBK | 213.65 | 211.89 | -0.82% |
Standard Bank Group | SNB | 169.78 | 168.41 | -0.81% |
Shoprite Holdings | SRH | 238.80 | 237.97 | -0.35% |
FirstRand Limited | FST | 63.02 | 62.89 | -0.21% |
Momentum Metropolitan Holdings | MMT | 18.34 | 18.03 | -1.69% |
Old Mutual Ltd | OMM | 11.28 | 11.18 | -0.89% |
Sanlam Limited | SLA | 52.34 | 52.55 | 0.40% |
Santam Limited | SNM | 259.03 | 260.35 | 0.51% |
Vukile Property Fund Limited | VKN | 13.21 | 13.51 | 2.27% |
Investec Limited | IVD | 109.72 | 108.65 | -0.98% |
PSG Konsult Limited | KFS | 12.26 | 12.16 | -0.82% |
Table 3: Dual-Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 298.41 | 296.24 | -0.73% |
New Gold Palladium ETF | NGNPLD | 295.49 | 289.16 | -2.14% |
New Gold Platinum ETF N | NGNPLT | 177.38 | 178.98 | 0.90% |
New Funds S&P NAM Bond | NFNAMA | 18.15 | 18.20 | 0.28% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 16.91 |
EUR/NAD | 18.21 |
GBP/NAD | 20.57 |
EUR/GBP | 0.88 |
EUR/USD | 1.07 |
GBP/USD | 1.21 |
AUD/USD | 0.69 |
USD/JPY | 131.55 |
Commodities @ 08:00 | |
Gold | 1,887.00 |
Silver | 23.75 |
Platinum | 1,081.25 |
Palladium | 1,782.28 |
WTI | 77.42 |
Brent | 82.70 |
Table 5: Exchange Rates and Commodities
Local News
The Market Share Promotion (MSP)_ Scheme will maintain at the current 47% threshold, enabling local traders to keep their market share (Sun Newspaper)
During the third quarter of 2022, foreign direct investment into Namibia recorded a higher inflow, mainly due to equity injections for exploration activities as well as the uptake of intercompany loans. (New Era Newspaper)
Namibia has been asked to send representatives to International Forex Expo and Women in Africa in the Forex Industry meeting to be held in Nigeria on Saturday (The Namibian)
Sub-Sahara News
In 2021, South African business leaders were worried about the economy. Over the two years to come, they told a global survey, their top concerns were prolonged economic stagnation and crises in employment and livelihoods. (News24)
South African power cuts worsened on Wednesday as struggling state utility Eskom said it would extend its worst-ever outages until further notice. (CNBC Africa)
Eskom has announced Stage 6 load shedding across the country. This usually means that electricity could be cut up to four times in 24 hours. The power utility said on Twitter that nightly blackouts will continue until further notice and that Stage 4 cuts would continue between 5 am and 4 pm daily. (All Africa News)
International News
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their hometowns for holidays that the World Health Organization warns could inflame a raging outbreak. (Reuters)
European stocks declined on Thursday, snapping a three-day winning streak as the Federal Reserve’s Dec. (RTT News)
Predicting a difficult year ahead for Pakistan, the World Bank has revised the country’s growth projections from 4 percent in June last year to 2 percent for the current fiscal year, citing “precarious economic situation, low foreign exchange reserves, and large fiscal and current account deficits” among the primary reasons. (Aljazeera News)