NSX DAILY UPDATE (21 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 719,701.00 21,431,285.8099.48%
ETFs 700.00 112,357.000.52%
Total 720,401.00 21,543,642.80 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 21,431,285.80 worth of shares was traded on the NSX on Friday with about N$ 1,509,906 worth of Anglo-American and N$   68,213 worth of Namibia Breweries on the home front. ETFs worth N$ 112,357.00 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American shares were traded with a decline at closing as the market displayed mixed feelings, amid the new Chinese leadership, the Fed expectations, and the Fear & Greed Index indicated signs of fear in the global economy.
  • Shares belonging to Namibia Breweries were traded on the local bourse, resulting in a 4.44% increase at closing
  • New Gold Platinum ETF N was traded resulting in a slight decline at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS45.0047.004.44%
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 plcANM544.25553.201.64%
B2Gold CorporationB2G53.4554.261.52%
Oceana Group LimitedOCG52.5053.371.66%
Mediclinic International PlcMEP101.32100.60-0.71%
TruworthsTRW52.2451.53-1.36%
Nedbank Group LimitedNBK207.47206.78-0.33%
Standard Bank GroupSNB165.22165.930.43%
Shoprite HoldingsSRH224.15221.75-1.07%
FirstRand LimitedFST62.1561.85-0.48%
Momentum Metropolitan HoldingsMMT16.3415.92-2.57%
Old Mutual LtdOMM10.1410.03-1.08%
Sanlam LimitedSLA51.7451.15-1.14%
Santam LimitedSNM256.59251.64-1.93%
Vukile Property Fund LimitedVKN13.7013.35-2.55%
Investec LimitedIVD83.6584.330.81%
PSG Konsult LimitedKFS11.0410.94-0.91%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD278.80279.140.12%
New Gold Palladium ETFNGNPLD366.06352.54-3.69%
New Gold Platinum ETF NNGNPLT160.91160.58-0.21%
New Funds S&P NAM BondNFNAMA17.1417.140.00%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.14
EUR/NAD17.88
GBP/NAD20.64
EUR/GBP0.86
EUR/USD0.98
GBP/USD1.13
AUD/USD0.63
USD/JPY148.95
Commodities @ 08:00 
Gold1,624.90
Silver19.31
Platinum944.55
Palladium2,036.03
WTI84.29
Brent90.61

Table 5: Exchange Rates and Commodities 


Local News

The Capricorn Foundation has pledged N$500,000 towards the Project BeFree Centre of Excellence at the One Economy Fundraiser gala dinner (Sun Newspaper)

Sperrgebiet Diamond Mining (Pty) (SDM) this week confirmed a majority equity investment by Global Emerging Markets Group (GEM) (New Era Newspaper)

The Australian mining company, Noronex Limited, exploring for copper around the Witvlei area in the Omaheke region  (The Namibian)

Sub-Sahara News

Transnet is a company in trouble and it is time to sound the alarm. It has lost skills and capacity and has been hit by a succession of problems, some beyond its control. The parallels with Eskom are alarming: falling capacity, deferred maintenance, substantial debt, and constraints on cash flow. (News24)

South Africa’s plan to kick-start its transition from coal to renewable energy will need $46.5 billion, more than five times the $8.5 billion Western nations have pledged to the project over the next three to five years, (CNBC Africa)

The US and UK governments have warned their citizens of possible terror attacks in Nigeria, particularly in the capital, Abuja.. (All Africa News)

International News

Russia fired missiles and drones into the Ukrainian-held southern town of Mykolaiv, destroying an apartment block, and said the war was trending towards “uncontrolled escalation” in a flurry of telephone calls to Western defense ministers. (Reuters)

Asian stocks ended mixed on Monday after reports suggested that Apple has put on hold plans to use memory chips from China’s Yangtze Memory Technologies Co. in its products. (RTT News)

North and South Korea have exchanged warning shots off their western coast, accusing each other of breaching their maritime border amid heightened tensions over Pyongyang’s weapons tests. (Aljazeera News)

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