NSX DAILY UPDATE (18 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 73,768.00 6,223,980.27100.00%
ETFs –   –  0.00%
Total 73,768.00 6,223,980.27 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 6,223,980.27 worth of shares was traded on the NSX on Tuesday with about N$ 304,155 worth of Namibia Breweries and N$  221,000 worth of Capricorn Group on the home front. No ETFs were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

  • Namibia Breweries’ shares were traded with no change in share price at closing
  • Shares belonging to Capricorn Group were traded on the local bourse, with no change in share price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS45.0045.000.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0013.000.00%
First Rand NamibiaFNB30.6230.620.00%
Standard Bank NamibiaSNO4.404.400.00%
Oryx LimitedORY10.2610.260.00%
LetshegoLHN2.682.680.00%
Namibia Asset ManagementNAM0.680.680.00%
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 plcANM550.72548.94-0.32%
B2Gold CorporationB2G53.4653.530.13%
Oceana Group LimitedOCG54.9255.060.25%
Mediclinic International PlcMEP101.71101.30-0.40%
TruworthsTRW53.4253.600.34%
Nedbank Group LimitedNBK204.41203.18-0.60%
Standard Bank GroupSNB152.53151.98-0.36%
Shoprite HoldingsSRH226.00225.35-0.29%
FirstRand LimitedFST60.5160.930.69%
Momentum Metropolitan HoldingsMMT15.8516.071.39%
Old Mutual LtdOMM10.0710.080.10%
Sanlam LimitedSLA51.7451.48-0.50%
Santam LimitedSNM258.00254.44-1.38%
Vukile Property Fund LimitedVKN13.6413.63-0.07%
Investec LimitedIVD83.6483.09-0.66%
PSG Konsult LimitedKFS10.8010.79-0.09%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD279.74279.26-0.17%
New Gold Palladium ETFNGNPLD350.74355.511.36%
New Gold Platinum ETF NNGNPLT159.68160.440.48%
New Funds S&P NAM BondNFNAMA17.2017.18-0.12%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.15
EUR/NAD17.86
GBP/NAD20.52
EUR/GBP0.87
EUR/USD0.98
GBP/USD1.12
AUD/USD0.62
USD/JPY149.37
Commodities @ 08:00 
Gold1,647.30
Silver18.58
Platinum893.60
Palladium2,017.50
WTI82.61
Brent90.19

Table 5: Exchange Rates and Commodities 


Local News

G4S Namibia workers are up in arms over what they term a “measly” N$ 2,400.00 salary with no danger allowance or medical aid. (Sun Newspaper)

B2Gold Namibia yesterday confirmed the labor dispute at the country’s largest gold mine, the Otjikoto mine, has ended with approximately 160 suspended employees returning for duty with a warning (New Era Newspaper)

The Namibia Revenue Agency (Namra) is shining the spotlight on directors of government and private sector entities who fail to pay taxes on board fees and allowances they receive (The Namibian)

Sub-Sahara News

Former Steinhoff chairperson Christo Wiese has praised the SA Reserve Bank for attaching around R1.4 billion in assets linked to the retailer’s ex-CEO Markus Jooste, saying that “a lot of people will be grateful to see that the wheels of justice are turning”. (News24)

Kenya plans to use cheaper loans from agencies such as the World Bank to allow it to retire expensive domestic loans and create funds for much-needed spending on items like food, the nominee to the post of finance minister said on Tuesday. (CNBC Africa)

The number of people living in poverty in sub-Saharan Africa has overtaken that in South Asia, says a new study. Nearly 579 million Africans live in what the study calls “acute multidimensional poverty”. (All Africa News)

International News

German exports to Britain this year could grow for the first time since 2015 if the upward trend seen from January to August continues through 2022, statistics office data showed. (Reuters)

Asian stocks ended mixed on Wednesday after a recent string of losses on worries about slowing global growth and the impact of rising interest rates on corporate profits. The dollar index rose after the IMF’s warning of a severe global recession (RTT News)

UN Secretary-General Antonio Guterres said on Monday that he believed such action was necessary to ease the grip gangs have on a port that is critical to allowing fuel supplies into the country. (Aljazeera News)

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