NSX DAILY UPDATE (25 OCTOBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 2,169,040.00 50,322,841.75100.00%
ETFs –   –  0.00%
Total 2,169,040.00 50,322,841.75 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 50,322,841.75 worth of shares was traded on the NSX on Tuesday with about N$ 2,260,000 worth of Shoprite Holdings and no trades on the home front. No ETFs were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

  • Shoprite Holdings shares were subscribed by market participants resulting in share price soaring at closing
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
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 plcANM559.00554.39-0.82%
B2Gold CorporationB2G56.4957.992.66%
Oceana Group LimitedOCG53.8154.691.64%
Mediclinic International PlcMEP103.01103.200.18%
TruworthsTRW51.8752.621.45%
Nedbank Group LimitedNBK207.85214.052.98%
Standard Bank GroupSNB166.34171.603.16%
Shoprite HoldingsSRH224.64230.682.69%
FirstRand LimitedFST62.2462.640.64%
Momentum Metropolitan HoldingsMMT16.6316.891.56%
Old Mutual LtdOMM10.0110.00-0.10%
Sanlam LimitedSLA51.5152.041.03%
Santam LimitedSNM251.17253.360.87%
Vukile Property Fund LimitedVKN13.5013.500.00%
Investec LimitedIVD87.3787.710.39%
PSG Konsult LimitedKFS11.0010.96-0.36%

Table 3: Dual-Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD283.37281.39-0.70%
New Gold Palladium ETFNGNPLD355.50339.91-4.39%
New Gold Platinum ETF NNGNPLT164.87161.31-2.16%
New Funds S&P NAM BondNFNAMA17.0717.070.00%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD18.19
EUR/NAD18.12
GBP/NAD20.80
EUR/GBP0.87
EUR/USD0.99
GBP/USD1.14
AUD/USD0.64
USD/JPY148.14
Commodities @ 08:00 
Gold1,662.75
Silver19.51
Platinum925.40
Palladium1,957.78
WTI84.67
Brent90.92

Table 5: Exchange Rates and Commodities 


Local News

Lack of serviced land hampers the progression of home ownership and socio-economic well-being, as well as capital formation in families. (Sun Newspaper)

The Ohlthaver & List Group their joint venture partner CMB, TECH, known as Cleanergy Solutions Namibia, who are responsible for a green hydrogen production plant to be built in the Erongo region, are challenged with long equipment lead times (New Era Newspaper)

Minister of Finance yesterday delivered what he calls a midterm budget review coated with “cautious optimism” while teasing pensioners with a N$100 increase on their monthly grant “if resources permit”.  (The Namibian)

Sub-Sahara News

Repurposing Eskom’s coal-fired power station, Komati, would cost around R7.9 billion, project documents from the World Bank show. (News24)

The first formal peace talks aimed at ending two years of war between the Ethiopian army and forces from the country’s northern region of Tigray started in South Africa on Tuesday and will end on Sunday, the South African government said. (CNBC Africa)

The World Health Organization (WHO) on Monday said global efforts to curtail the spread of the poliovirus have achieved a 99.9 percent decrease in polio cases. (All Africa News)

International News

The White House has lowered its earlier optimism about the midterm elections and is now worried that Democrats could lose control of both chambers of Congress, administration officials say. (Reuters)

Asian stocks finished mixed on Wednesday, with the benchmarks in Japan, Australia, and New Zealand tracking Tuesday’s positive sentiment on Wall Street, while stocks in China (RTT News)

Refugees who fled in the wake of Russia’s invasion of Ukraine should stay abroad this winter due to blackouts created by Moscow’s bombardment of critical energy infrastructure, a Ukrainian minister has said. (Aljazeera News)

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