NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
Overall | 94 419 | 3 998 528 | 38.27% |
ETFs | 35 160 | 6 450 703 | 61.73% |
Total | 129 579 | 10 449 231 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 3 998 528 worth of shares was traded on the NSX on Tuesday, with about N$ 1 833 641 worth of Truworths, N$ 584 259 worth of Oceana Group and N$ 25 298 worth of Shoprite Holdings no shares were traded on the home front. ETFs worth N$ 6 450 703 was traded on Tuesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Truworths shares were bought by the public producing a hike in share price as acquisition talks still woos the market
- Oceana Group’s shares were traded at market price
- Shoprite’s shares were bought by the public as news about shareholder’s engagement at the annual general meeting sways the public.
- Complementary ETFs, New Gold Issuer and New Gold Platinum both got offloaded by market participants.
Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
Namibian Breweries | NBS | 34.12 | 34.12 | 0.00% |
Nictus Holdings | NHL | 1.80 | 1.80 | 0.00% |
Capricorn | CGP | 13.28 | 13.28 | 0.00% |
First Rand Namibia | FNB | 29.01 | 29.01 | 0.00% |
Standard Bank Namibia | SNO | 6.45 | 6.45 | 0.00% |
Oryx Limited | ORY | 10.99 | 10.99 | 0.00% |
Letshego | LHN | 2.00 | 2.00 | 0.00% |
Namibia Asset Management | NAM | 0.66 | 0.66 | 0.00% |
Stimulus | SILP | 127.90 | 127.90 | 0.00% |
Paratus Namibia Holdings Ltd | PNH | 12.00 | 12.00 | 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 | 570.87 | 566.60 | -0.75% |
Barloworld Limited | BWL | 127.45 | 126.00 | -1.14% |
Oceana Group Limited | OCG | 61.74 | 61.99 | 0.40% |
Mediclinic International Plc | MEP | 69.34 | 67.81 | -2.21% |
Truworths | TRW | 55.16 | 56.40 | 2.25% |
Nedbank Group Limited | NBK | 178.92 | 177.10 | -1.02% |
Standard Bank Group | SNB | 138.41 | 137.61 | -0.58% |
Shoprite Holdings | SRH | 182.65 | 183.94 | 0.71% |
FirstRand Limited | FST | 59.10 | 58.44 | -1.12% |
Momentum Metropolitan Holdings | MMT | 20.86 | 20.65 | -1.01% |
Old Mutual Ltd | OMM | 15.94 | 15.95 | 0.06% |
Sanlam Limited | SLA | 61.63 | 62.03 | 0.65% |
Santam Limited | SNM | 250.96 | 253.13 | 0.86% |
Vukile Property Fund Limited | VKN | 11.92 | 12.00 | 0.67% |
Investec Limited | IVD | 68.15 | 67.99 | -0.23% |
PSG Konsult Limited | KFS | 12.66 | 12.75 | 0.71% |
Table 3: Dual Listed Trades
Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
New Gold Issuer Ltd NM | NGNGLD | 243.29 | 241.54 | -0.72% |
New Gold Palladium ETF | NGNPLD | 286.35 | 295.93 | 3.35% |
New Gold Platinum ETF N | NGNPLT | 148.17 | 146.50 | -1.13% |
Table 4: ETFs
Exchange Rates | |
USD/ZAR | 14.52 |
EUR/ZAR | 16.89 |
GBP/ZAR | 20.02 |
EUR/GBP | 0.84 |
EUR/USD | 1.15 |
GBP/USD | 1.34 |
AUD/USD | 0.74 |
USD/JPY | 114.58 |
Commodities | |
Gold | 1 768 |
Silver | 23.64 |
Platinum | 1 040 |
Palladium | 2 100 |
WTI | 82.47 |
Brent | 85.10 |
Table 5: Exchange Rates and Commodities
Local News
Government is pushing ahead with plans to get a legal mandate to intercept phone calls. (Namibian Sun)
The Khomas Regional Council has defended hosting a five-day workshop at the coastal town of Swakopmund, while claiming that their councilors and top managers are more focused when they are out of town. (The Namibian)
High Economic Intelligence Investments research entity expects the Repo rate to remain as is, the entity further stated in their MPC outlook report that Individuals and businesses confidence has not returned to the market and hence the subdued credit uptake. Structural reforms and policy support is required for the monetary policy to be effective in order for the domestic economy to be on the recovery path.
Sub-Sahara News
In South Africa, Minister of Trade, Industry and Competition Ebrahim Patel said the Industrial Development Corporation, the Solidarity Fund and the National Empowerment Fund were at the heart of providing R1.5 billion in successful claims from businesses affected by July’s looting. (News24)
Africa’s fabled eastern glaciers will vanish in two decades, 118 million poor people face drought, floods or extreme heat, and climate change could shrink the continent’s economy by 3% by mid-century. (CNBC Africa)
Turkish authorities have released a Ugandan opposition supporter suspected of spreading rumours that President Yoweri Museveni had died earlier this year..(All Africa News)
International News
North Korea test-fired a new, smaller ballistic missile from a submarine, state media confirmed on Wednesday (Reuters)
European stocks are seen opening flat to slightly higher on Wednesday after data showed China’s exports rose unexpectedly in September. (RTT News)
Ongoing water shortages in northeastern Syria are compounding an already devastating humanitarian crisis for tens of thousands of people (Aljazeera News)