NSX DAILY UPDATE (28 SEPTEMBER 2022)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 932,097.00 15,495,469.93100.00%
ETFs –   –  0.00%
Total 932,097.00 15,495,469.93 100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 15,495,469.93 worth of shares was traded on the NSX on Wednesday with about N$ 1,090,880 worth of Anglo-American plc and N$ 5,175,456 worth of Capricorn Group on the home front. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s performance on the market continues to recover as the market bounce back from a sell-off trend
  • Shares belonging to Capricorn Group were traded by market participants with no change in share price
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS42.5042.500.00%
Nictus HoldingsNHL1.751.750.00%
CapricornCGP11.3111.310.00%
First Rand NamibiaFNB30.5330.530.00%
Standard Bank NamibiaSNO4.724.750.64%
Oryx LimitedORY10.2710.270.00%
LetshegoLHN2.672.670.00%
Namibia Asset ManagementNAM0.670.670.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH12.9912.990.00%
Mobile Telecommunication CompanyMOC7.027.01-0.14%
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 plcANM518.00526.001.54%
B2Gold CorporationB2G51.6452.050.79%
Oceana Group LimitedOCG54.2553.29-1.77%
Mediclinic International PlcMEP94.9095.000.11%
TruworthsTRW52.2552.650.77%
Nedbank Group LimitedNBK203.50202.04-0.72%
Standard Bank GroupSNB146.06145.49-0.39%
Shoprite HoldingsSRH224.95223.65-0.58%
FirstRand LimitedFST62.2961.66-1.01%
Momentum Metropolitan HoldingsMMT17.0016.88-0.71%
Old Mutual LtdOMM9.819.59-2.24%
Sanlam LimitedSLA52.6751.61-2.01%
Santam LimitedSNM245.05246.970.78%
Vukile Property Fund LimitedVKN12.5612.43-1.04%
Investec LimitedIVD71.7670.89-1.21%
PSG Konsult LimitedKFS10.6510.64-0.09%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD276.89276.10-0.29%
New Gold Palladium ETFNGNPLD362.59368.811.72%
New Gold Platinum ETF NNGNPLT150.73147.72-2.00%
New Funds S&P NAM BondNFNAMA16.9216.920.00%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.98
EUR/NAD17.36           
GBP/NAD19.39
EUR/GBP0.89
EUR/USD0.95
GBP/USD1.07
AUD/USD0.64
USD/JPY144.67
Commodities @ 08:00 
Gold1,650.60
Silver18.61
Platinum845.00
Palladium2,129.77
WTI81.37
Brent87.25

Table 5: Exchange Rates and Commodities 


Local News

The Namibian economy expanded by 5.6% during the second quarter of 2022, compared to 5.5% registered in the corresponding quarter of 2021, according to the Namibia Statistics Agency. (Namibian Sun)

Teachers at Ekoka Combined School are unhappy that their monthly bush allowance is N$600 less than what they feel they deserve (New Era Newspaper)

Despite the government channeling N$183.4 million to the Ministry of Sport, Youth and National Service between 2013 and 2021 to create jobs for young people (The Namibian)

Sub-Sahara News

Public Enterprises Minister Pravin Gordhan has spoken out on the future of Eskom CEO André de Ruyter, saying the new board will thoroughly review the executives’ performance. (News24)

Ghana’s negotiations with the International Monetary Fund over a rescue package will be fast-tracked, the country’s Finance Minister Ken Ofori-Atta said on Wednesday. (CNBC Africa)

From November 6 to 18, El Sheikh, Egypt, will host the 2022 United Nations Climate Change Conference, often known as COP27. This will be the 27th United Nations Climate Change Conference. (All Africa News)

International News

Russia was poised to annex a swath of Ukraine within days, releasing what it called vote tallies showing overwhelming support in four provinces to join it, after what Ukraine and the West denounced as illegal sham referendums held at gunpoint.. (Reuters)

Asian stocks declined on Thursday after U.S. Federal Reserve officials announced another big rate hike and reiterated their support for further interest rate hikes to curb rampant inflation. (RTT News)

Myanmar’s elected leader Aung San Suu Kyi has been found guilty of breaching the country’s official secrets act by a secretive military court, the latest of a string of convictions brought by the generals who removed her from office in a coup last year. (Aljazeera News)

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