NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 2,169,040.00 | 50,322,841.75 | 100.00% |
ETFs | – | – | 0.00% |
Total | 2,169,040.00 | 50,322,841.75 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 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
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 46.00 | 46.00 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 13.00 | 13.00 | 0.00% |
First Rand Namibia | FNB | 30.62 | 30.62 | 0.00% |
Standard Bank Namibia | SNO | 4.40 | 4.40 | 0.00% |
Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
Letshego | LHN | 2.68 | 2.68 | 0.00% |
Namibia Asset Management | NAM | 0.68 | 0.68 | 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 | 559.00 | 554.39 | -0.82% |
B2Gold Corporation | B2G | 56.49 | 57.99 | 2.66% |
Oceana Group Limited | OCG | 53.81 | 54.69 | 1.64% |
Mediclinic International Plc | MEP | 103.01 | 103.20 | 0.18% |
Truworths | TRW | 51.87 | 52.62 | 1.45% |
Nedbank Group Limited | NBK | 207.85 | 214.05 | 2.98% |
Standard Bank Group | SNB | 166.34 | 171.60 | 3.16% |
Shoprite Holdings | SRH | 224.64 | 230.68 | 2.69% |
FirstRand Limited | FST | 62.24 | 62.64 | 0.64% |
Momentum Metropolitan Holdings | MMT | 16.63 | 16.89 | 1.56% |
Old Mutual Ltd | OMM | 10.01 | 10.00 | -0.10% |
Sanlam Limited | SLA | 51.51 | 52.04 | 1.03% |
Santam Limited | SNM | 251.17 | 253.36 | 0.87% |
Vukile Property Fund Limited | VKN | 13.50 | 13.50 | 0.00% |
Investec Limited | IVD | 87.37 | 87.71 | 0.39% |
PSG Konsult Limited | KFS | 11.00 | 10.96 | -0.36% |
Table 3: Dual-Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 283.37 | 281.39 | -0.70% |
New Gold Palladium ETF | NGNPLD | 355.50 | 339.91 | -4.39% |
New Gold Platinum ETF N | NGNPLT | 164.87 | 161.31 | -2.16% |
New Funds S&P NAM Bond | NFNAMA | 17.07 | 17.07 | 0.00% |
Table 4: ETFs
Exchange Rates @ 08:00 | |
USD/NAD | 18.19 |
EUR/NAD | 18.12 |
GBP/NAD | 20.80 |
EUR/GBP | 0.87 |
EUR/USD | 0.99 |
GBP/USD | 1.14 |
AUD/USD | 0.64 |
USD/JPY | 148.14 |
Commodities @ 08:00 | |
Gold | 1,662.75 |
Silver | 19.51 |
Platinum | 925.40 |
Palladium | 1,957.78 |
WTI | 84.67 |
Brent | 90.92 |
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)