NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 781,658.00 | 35,216,304.60 | 100.00% |
ETFs | – | – | 0.00% |
Total | 781,658.00 | 35,216,304.60 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 35,216,304.60 worth of shares was traded on the NSX on Wednesday with about N$ 2,210,000 worth of Shoprite Holdings and N$ 1,222 worth of SBN Holdings on the home front. No ETFs were traded on Wednesday.
HEI Market Commentary
From the trading activity that took place:
- Shoprite Holdings performance soared as market participants rearrange their portfolios amid the IMF growth projection cuts.
- Shares belonging to SBN Holdings were traded on the local bourse, 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 | 42.50 | 45.00 | 5.88% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.00 | 13.00 | 0.00% |
First Rand Namibia | FNB | 30.61 | 30.61 | 0.00% |
Standard Bank Namibia | SNO | 4.90 | 4.70 | -4.08% |
Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
Letshego | LHN | 2.67 | 2.67 | 0.00% |
Namibia Asset Management | NAM | 0.67 | 0.67 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.99 | 12.99 | 0.00% |
Mobile Telecommunication Company | MOC | 7.01 | 7.01 | 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 | 543.02 | 535.81 | -1.33% |
B2Gold Corporation | B2G | 57.54 | 55.88 | -2.88% |
Oceana Group Limited | OCG | 54.05 | 54.01 | -0.07% |
Mediclinic International Plc | MEP | 99.03 | 99.64 | 0.62% |
Truworths | TRW | 52.15 | 50.40 | -3.36% |
Nedbank Group Limited | NBK | 197.81 | 196.99 | -0.41% |
Standard Bank Group | SNB | 146.30 | 144.87 | -0.98% |
Shoprite Holdings | SRH | 218.50 | 220.84 | 1.07% |
FirstRand Limited | FST | 61.51 | 57.28 | -6.88% |
Momentum Metropolitan Holdings | MMT | 15.12 | 15.17 | 0.33% |
Old Mutual Ltd | OMM | 9.47 | 9.50 | 0.32% |
Sanlam Limited | SLA | 48.63 | 48.96 | 0.68% |
Santam Limited | SNM | 247.50 | 248.57 | 0.43% |
Vukile Property Fund Limited | VKN | 13.08 | 13.11 | 0.23% |
Investec Limited | IVD | 78.16 | 76.36 | -2.30% |
PSG Konsult Limited | KFS | 10.78 | 10.73 | -0.46% |
Table 3: Dual-Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 281.87 | 284.89 | 1.07% |
New Gold Palladium ETF | NGNPLD | 373.53 | 373.52 | 0.00% |
New Gold Platinum ETF N | NGNPLT | 155.67 | 156.03 | 0.23% |
New Funds S&P NAM Bond | NFNAMA | 17.50 | 17.25 | -1.43% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 18.30 |
EUR/NAD | 17.76 |
GBP/NAD | 20.29 |
EUR/GBP | 0.87 |
EUR/USD | 0.97 |
GBP/USD | 1.10 |
AUD/USD | 0.62 |
USD/JPY | 146.81 |
Commodities @ 08:00 | |
Gold | 1,675.95 |
Silver | 18.94 |
Platinum | 876.25 |
Palladium | 2,142.02 |
WTI | 87.09 |
Brent | 92.38 |
Table 5: Exchange Rates and Commodities
Local News
Namibia observes Mental Health Month amid a cocktail of dilapidated healthcare facilities and a dire shortage of mental health personnel and beds. (Sun Newspaper)
The Bank of Namibia (BoN) has announced the launch of the FinTech Innovations Regulatory Framework, which outlines how FinTech Innovations that are not currently subject to the bank’s existing regulations will be treated (New Era Newspaper)
A consulting company has cut ties with a Russian state-owned entity exploring for uranium in the Omaheke region after complaining about a lack of information to determine whether mining activities would contaminate Namibia’s underground water (The Namibian)
Sub-Sahara News
Gareth Ackerman urges the government to let the private sector run key infrastructure such as roads, rail, and ports to secure SA’s supply chains and help it fire on all cylinders. (News24)
Staff shortages caused by an ongoing strike over wages are impacting container and car terminals at South Africa’s Durban port, one of the busiest on the continent, a unit of state-owned logistics company Transnet said on Tuesday. (CNBC Africa)
Africa’s relationship with the British monarchy is fraught with complications, not least being that the cornerstone of their modern affiliation, the Commonwealth, is rooted in a dark legacy of colonialism and empire. (All Africa News)
International News
Right-wing conspiracy theorist Alex Jones must pay at least $965 million in damages to numerous families of victims of the 2012 Sandy Hook mass shooting for falsely claiming they were actors who faked the tragedy, a Connecticut jury said on Wednesday. (Reuters)
European stocks traded flat to slightly higher on Thursday despite renewed concerns about inflation and a possible recession. German factory orders decreased 2.4 percent month-on-month in August, Destatis reported (RTT News)
North Korea has test-fired a pair of long-range strategic cruise missiles, with leader Kim Jong Un lauding another successful display of the country’s tactical nuclear strike capability. (Aljazeera News)