NSX DAILY UPDATE (24 NOVEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 212,293.00 4,461,757.39100.00%
ETFs –   –  0.00%
Total 212,293.00 4,461,757.39 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$4,461,757.39 worth of shares was traded on the NSX on Thursday with about N$ 695,931 worth of shares belonging Anglo-American and N$  658,843 from FirstRand Namibia on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s performance increased as market participants engage in the company stock causing it to rise by 0.7% at closing
  • FirstRand Namibia shares were traded by market participants, resulting in an increase of 1.6% at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.010.02%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP13.0113.020.08%
First Rand NamibiaFNB31.0031.511.65%
Standard Bank NamibiaSNO4.404.39-0.23%
Oryx LimitedORY10.2510.24-0.10%
LetshegoLHN3.003.020.67%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.0013.000.00%
Mobile Telecommunication CompanyMOC7.027.030.14%
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 plcANM657.25661.530.65%
B2Gold CorporationB2G59.9560.120.28%
Oceana Group LimitedOCG57.8159.542.99%
Mediclinic International PlcMEP101.17101.890.71%
TruworthsTRW57.5356.51-1.77%
Nedbank Group LimitedNBK227.10224.67-1.07%
Standard Bank GroupSNB181.69180.95-0.41%
Shoprite HoldingsSRH249.23251.280.82%
FirstRand LimitedFST67.1566.37-1.16%
Momentum Metropolitan HoldingsMMT18.2318.02-1.15%
Old Mutual LtdOMM11.3611.20-1.41%
Sanlam LimitedSLA56.2355.50-1.30%
Santam LimitedSNM262.63262.46-0.06%
Vukile Property Fund LimitedVKN14.5514.51-0.27%
Investec LimitedIVD101.58101.900.32%
PSG Konsult LimitedKFS11.9811.87-0.92%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD277.35278.530.43%
New Gold Palladium ETFNGNPLD308.91311.440.82%
New Gold Platinum ETF NNGNPLT161.65162.190.33%
New Funds S&P NAM BondNFNAMA17.5717.740.97%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.01
EUR/NAD17.72
GBP/NAD20.61
EUR/GBP0.86
EUR/USD1.04
GBP/USD1.21
AUD/USD0.66
USD/JPY138.51
Commodities @ 08:00 
Gold1,756.40
Silver21.43
Platinum993.20
Palladium1,883.28
WTI78.31
Brent85.48

Table 5: Exchange Rates and Commodities 


Local News

The South African Reserve Bank (SARB) yesterday announced a 75 basis points increase in the repo rate from 6.25% to 7.00% (Sun Newspaper)

Despite Okahandja municipality having publicly announced that it has employed a debt collector to enforce its credit policy, residents are up in arms, protesting the council never consulted them on the issue before enforcement  (New Era Newspaper)

Dundee Precious Metals reported a throughput of 63 990 tonnes of complex concentrate smelted copper at Tsumeb during the third quarter of 2022 and generated N$513 million (US$39 million) in all its operations worldwide (The Namibian)

Sub-Sahara News

A court in Germany has announced that the accounting fraud trial of former Steinhoff CEO Markus Jooste will start early next year. (News24)

Ghana is at high risk of debt distress and has agreed on a debt management strategy with the International Monetary Fund (IMF), finance minister Ken Ofori-Atta said on Thursday. (CNBC Africa)

South African President, Cyril Ramphosa, has pleaded with the British monarch and government to facilitate a smooth re-admission of Zimbabwe into the Commonwealth and lift the sanctions imposed on the Southern African country. (All Africa News)

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