NSX DAILY UPDATE (11 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 20,742.00 4,450,684.07100.00%
ETFs –   –  0.00%
Total 20,742.00 4,450,684.07 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 4,450,684.07 worth of shares was traded on the NSX on Tuesday with about N$    2,179,760 worth of Anglo-American and N$      5,586 worth of SBN Holdings on the home front. No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American performance on the stock exchange declined as global indexes declined amid the IMF World Outlook and fears of recessions
  • Shares belonging to SBN Holdings were traded on the local bourse, with no change 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 NamibiaFNB30.6130.610.00%
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 plcANM551.02543.02-1.45%
B2Gold CorporationB2G58.0157.54-0.81%
Oceana Group LimitedOCG54.6954.05-1.17%
Mediclinic International PlcMEP98.4899.030.56%
TruworthsTRW51.5152.151.24%
Nedbank Group LimitedNBK197.30197.810.26%
Standard Bank GroupSNB145.27146.300.71%
Shoprite HoldingsSRH216.38218.500.98%
FirstRand LimitedFST61.1661.510.57%
Momentum Metropolitan HoldingsMMT15.0715.120.33%
Old Mutual LtdOMM9.669.47-1.97%
Sanlam LimitedSLA50.2248.63-3.17%
Santam LimitedSNM247.00247.500.20%
Vukile Property Fund LimitedVKN13.1513.08-0.53%
Investec LimitedIVD78.0178.160.19%
PSG Konsult LimitedKFS10.8010.78-0.19%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD282.10281.87-0.08%
New Gold Palladium ETFNGNPLD392.47373.53-4.83%
New Gold Platinum ETF NNGNPLT157.84155.67-1.37%
New Funds S&P NAM BondNFNAMA17.3317.500.98%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.15
EUR/NAD17.64
GBP/NAD19.96
EUR/GBP0.88
EUR/USD0.97
GBP/USD1.09
AUD/USD0.62
USD/JPY146.23
Commodities @ 08:00 
Gold1,676.05
Silver19.18
Platinum892.50
Palladium2,153.52
WTI89.17
Brent94.34

Table 5: Exchange Rates and Commodities 


Local News

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

The government is expected to spend close to N$100 million this year on over 500 war veterans as part of the hard cash payout initially meant for income-generating projects. (New Era Newspaper)

Namibia is again selling her scenic landscapes, safety, and good internet connectivity to professionals who are location-independent and self-sufficient, to come and live and work and travel in Namibia for up to six months. (The Namibian)

Sub-Sahara News

Lesetja Kganyago, governor of the SA Reserve Bank, has punted South African investments to US investors in New York this week. (News24)

World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem after Russia’s invasion of Ukraine. (CNBC Africa)

Head of the Otash camp for the displaced in Nyala locality, South Darfur, Sheikh Abdelrazeg Jales revealed that a child has died and three others were taken to the hospital in critical condition after being poisoned eating from the landfill in El Kosha near the camp yesterday, as Sudan’s food crisis worsens.. (All Africa News)

International News

The question of how, when, and whether to cap gas prices is set to dominate another meeting of European Union countries on Wednesday, as they pursue a joint plan to target high gas prices – a compromise that has eluded them for weeks. (Reuters)

Asian shares advanced on Wednesday after U.S. stocks posted strong gains for a second consecutive session overnight on expectations that the U.S. Federal Reserve might ease off on major rate hikes, heading into 2023. (RTT News)

The Biden administration has said it will “re-evaluate” ties with Saudi Arabia as United States lawmakers grow increasingly critical of the Gulf kingdom following a decision by a group of major oil producers, including Riyadh, to cut petroleum output. (Aljazeera News)

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