NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 489,529.00 | 7,336,041.87 | 100.00% |
ETFs | – | – | 0.00% |
Total | 489,529.00 | 7,336,041.87 | 100.00 |
Table 1: NSX Trades
NSX Activities
A total of N$ 7,336,041.87 worth of shares was traded on the NSX on Thursday, with about N$ 7,590 worth of Anglo-American plc and N$ 1,848,464 worth of Capricorn Group Limited on the home front. No ETFs were traded on Thursday
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American’s share price increased as shares were purchased in low volumes
- On the local NSX listing, shares belonging to Capricorn Group Limited were traded with an increase in share price at closing
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 40.00 | 40.00 | 0.00% |
Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
Capricorn | CGP | 11.02 | 11.50 | 4.36% |
First Rand Namibia | FNB | 30.47 | 30.01 | -1.51% |
Standard Bank Namibia | SNO | 4.32 | 4.32 | 0.00% |
Oryx Limited | ORY | 10.25 | 10.25 | 0.00% |
Letshego | LHN | 2.65 | 2.65 | 0.00% |
Namibia Asset Management | NAM | 0.70 | 0.70 | 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 | 7.53 | 7.53 | 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 | 561.65 | 572.38 | 1.91% |
B2Gold Corporation | B2G | 56.14 | 56.11 | -0.05% |
Oceana Group Limited | OCG | 50.76 | 50.26 | -0.99% |
Mediclinic International Plc | MEP | 98.04 | 97.50 | -0.55% |
Truworths | TRW | 51.89 | 51.41 | -0.93% |
Nedbank Group Limited | NBK | 212.82 | 215.43 | 1.23% |
Standard Bank Group | SNB | 158.00 | 159.65 | 1.04% |
Shoprite Holdings | SRH | 223.74 | 226.50 | 1.23% |
FirstRand Limited | FST | 64.79 | 65.90 | 1.71% |
Momentum Metropolitan Holdings | MMT | 14.86 | 14.73 | -0.87% |
Old Mutual Ltd | OMM | 11.44 | 11.30 | -1.22% |
Sanlam Limited | SLA | 54.89 | 54.59 | -0.55% |
Santam Limited | SNM | 251.99 | 245.94 | -2.40% |
Vukile Property Fund Limited | VKN | 14.52 | 14.52 | 0.00% |
Investec Limited | IVD | 87.38 | 87.17 | -0.24% |
PSG Konsult Limited | KFS | 11.51 | 12.14 | 5.47% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 269.95 | 271.14 | 0.44% |
New Gold Palladium ETF | NGNPLD | 332.44 | 335.74 | 0.99% |
New Gold Platinum ETF N | NGNPLT | 143.53 | 142.37 | -0.81% |
New Funds S&P NAM Bond | NFNAMA | 16.90 | 16.93 | 0.18% |
Table 4: ETFs
Exchange Rates | |
USD/NAD | 16.45 |
EUR/NAD | 16.83 |
GBP/NAD | 20.08 |
EUR/GBP | 0.83 |
EUR/USD | 1.02 |
GBP/USD | 1.21 |
AUD/USD | 0.69 |
USD/JPY | 132.92 |
Commodities | |
Gold | 1,765.00 |
Silver | 20.18 |
Platinum | 893.75 |
Palladium | 2,061.77 |
WTI | 96.98 |
Brent | 102.22 |
Table 5: Exchange Rates and Commodities
Local News
The rate of digital fraud originating from Namibia decreased in the first quarter of this year, with suspected online fraud attempts declining 7% from the same period last quarter (Namibian Sun)
Namibia has been advised to consider increasing investment, particularly into social infrastructure, rather than increasing operational expenditure (New Era Newspaper)
Civil servants say they are unable to listen to the government’s excuses for not increasing their salaries as they are struggling daily to survive in a country in the grips of skyrocketing food and fuel prices. (The Namibian)
Sub-Sahara News
Treasury is finalizing a plan to take over a portion of Eskom’s R396 billion debt as part of a process to place the struggling electricity company on a sustainable footing, a top official said. The company’s bonds surged. (News24)
The World Health Organization has confirmed two more cases of the Marburg virus in Ghana, a senior WHO official said on Wednesday, two weeks after the country reported its first outbreak of the highly infectious Ebola-like disease. (CNBC Africa)
Kenya Power Company has signed a Power Purchase Agreement with Ethiopian Electric Power to actualize power trade from November 1. (All Africa News)
International News
The U.S. economy contracted for a second straight quarter, the Commerce Department reported on Thursday, a day after the Federal Reserve raised interest rates by three-quarters of a percentage point to a range of 2.25%-2.50% in an effort to slow growth and ease price pressures. (Reuters)
Asian stocks ended mixed on Friday but logged their best week in months on receding concerns over the Federal Reserve’s aggressive interest rate hikes. (RTT News)
Chinese President Xi Jinping has warned his US counterpart Joe Biden against “playing with fire” over Taiwan, as the pair held their fifth call as leaders at a time of simmering economic and geopolitical tensions (Aljazeera News)