{"id":309410,"date":"2021-10-14T01:05:00","date_gmt":"2021-10-13T23:05:00","guid":{"rendered":"https:\/\/informante.web.na\/?p=309410"},"modified":"2021-10-13T20:23:11","modified_gmt":"2021-10-13T18:23:11","slug":"market-recap-6-to-12-october-2021","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=309410","title":{"rendered":"Market Recap 6 to 12 October 2021"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469. As of 12 October, FirstRand Namibia was the largest local company on the exchange, with market capitalization of N$ 7.8 billion, followed by Namibia Breweries with N$ 7.1 billion, Capricorn Group with N$ 7 billion and Standard Bank Namibia with N$ 3.4 billion. Agra Ltd lead the market this week with growth of 0.55% to close at N$ 1.84 per share, with FirstRand Namibia in second place, closing at N$ 29.01 after growth of 0.03%. In terms of volume FirstRand Namibia lead the market with N$ 6.8 million worth of shares traded, with Letshego Holdings in second place with N$ 2.2 million worth of shares traded. The local currency gained 0.61% against the US Dollar, to close at N$ 14.94 per USD, and gained 0.93% against the British Pound, to close at N$ 20.30 per GBP. It closed at N$ 17.26 against the Euro, a gain of 1.02%.<\/span><\/p>\n<p><\/p>\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"625\" height=\"484\" src=\"https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png\" alt=\"\" class=\"wp-image-309412\" srcset=\"https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png 625w, https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021-300x232.png 300w, https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021-387x300.png 387w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/figure><\/div>\n\n\n<p><span data-preserver-spaces=\"true\">&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Namibia Breweries released its provisional consolidated annual financial statement for the year ended 30 June 2021, and revealed that while revenue only grew by 0.1% to N$ 2.6 billion compared to the corresponding period, profit for the year grew by 43.4% to N$ 378 million. As a result, both basic and headline earnings showed growth of 42.9% and 41.9% respectively to 180.7c per share and 178.2c per share respectively. They noted that operating expenses decreased by 7.14% due to lower volumes and effective cost management, as part of their margin protection initiatives. Of note is that beer volumes in Namibia increased by 13% against the prior year, bringing it to within 2% of 2019 volumes, but volumes to South Africa fell by 36% for the year, down 51% from 2019 volumes.<\/span><\/p>\n\n\n<div class=\"alignnormal\"><!-- MetaSlider 271797 not found --><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469. As of 12 October, FirstRand Namibia was the largest local company on the exchange, with market capitalization of N$ 7.8 billion, followed by Namibia Breweries with N$ 7.1 billion, Capricorn &#8230;<\/p>\n","protected":false},"author":4,"featured_media":309412,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,24,26],"tags":[],"class_list":["post-309410","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news","category-trustco"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Market Recap 6 to 12 October 2021 - Informant\u00e9<\/title>\n<meta name=\"description\" content=\"The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/informante.web.na\/?p=309410\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Recap 6 to 12 October 2021 - Informant\u00e9\" \/>\n<meta property=\"og:description\" content=\"The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/informante.web.na\/?p=309410\" \/>\n<meta property=\"og:site_name\" content=\"Informant\u00e9\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/informantenam\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-13T23:05:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png?fit=625%2C484&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"625\" \/>\n\t<meta property=\"og:image:height\" content=\"484\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Desmond van Heerden\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@informantenews\" \/>\n<meta name=\"twitter:site\" content=\"@informantenews\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Desmond van Heerden\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410\"},\"author\":{\"name\":\"Desmond van Heerden\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/person\\\/fe448a2e68079bc355c3b180636710b0\"},\"headline\":\"Market Recap 6 to 12 October 2021\",\"datePublished\":\"2021-10-13T23:05:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410\"},\"wordCount\":276,\"publisher\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/Market-Recap-6-to-12-October-2021.png\",\"articleSection\":[\"Business\",\"News\",\"Trustco\"],\"inLanguage\":\"en-ZA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410\",\"url\":\"https:\\\/\\\/informante.web.na\\\/?p=309410\",\"name\":\"Market Recap 6 to 12 October 2021 - Informant\u00e9\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/Market-Recap-6-to-12-October-2021.png\",\"datePublished\":\"2021-10-13T23:05:00+00:00\",\"description\":\"The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410#breadcrumb\"},\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/informante.web.na\\\/?p=309410\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410#primaryimage\",\"url\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/Market-Recap-6-to-12-October-2021.png\",\"contentUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/Market-Recap-6-to-12-October-2021.png\",\"width\":625,\"height\":484},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=309410#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/informante.web.na\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market Recap 6 to 12 October 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#website\",\"url\":\"https:\\\/\\\/informante.web.na\\\/\",\"name\":\"Informant\u00e9\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/informante.web.na\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-ZA\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#organization\",\"name\":\"Informante\",\"url\":\"https:\\\/\\\/informante.web.na\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/Informante-Logo-box-1.png\",\"contentUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/Informante-Logo-box-1.png\",\"width\":655,\"height\":656,\"caption\":\"Informante\"},\"image\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/informantenam\",\"https:\\\/\\\/x.com\\\/informantenews\",\"https:\\\/\\\/www.instagram.com\\\/informante_news\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UC-cBl9A2bCMZZphxM2pyMkw\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/person\\\/fe448a2e68079bc355c3b180636710b0\",\"name\":\"Desmond van Heerden\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/99367d701a77e1f096925b05c7db24521ba5adb7d5428cb0aadab8116e902af7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/99367d701a77e1f096925b05c7db24521ba5adb7d5428cb0aadab8116e902af7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/99367d701a77e1f096925b05c7db24521ba5adb7d5428cb0aadab8116e902af7?s=96&d=mm&r=g\",\"caption\":\"Desmond van Heerden\"},\"url\":\"https:\\\/\\\/informante.web.na\\\/?author=4\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Market Recap 6 to 12 October 2021 - Informant\u00e9","description":"The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/informante.web.na\/?p=309410","og_locale":"en_US","og_type":"article","og_title":"Market Recap 6 to 12 October 2021 - Informant\u00e9","og_description":"The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469.","og_url":"https:\/\/informante.web.na\/?p=309410","og_site_name":"Informant\u00e9","article_publisher":"https:\/\/www.facebook.com\/informantenam","article_published_time":"2021-10-13T23:05:00+00:00","og_image":[{"width":625,"height":484,"url":"https:\/\/i2.wp.com\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png?fit=625%2C484&ssl=1","type":"image\/png"}],"author":"Desmond van Heerden","twitter_card":"summary_large_image","twitter_creator":"@informantenews","twitter_site":"@informantenews","twitter_misc":{"Written by":"Desmond van Heerden","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/informante.web.na\/?p=309410#article","isPartOf":{"@id":"https:\/\/informante.web.na\/?p=309410"},"author":{"name":"Desmond van Heerden","@id":"https:\/\/informante.web.na\/#\/schema\/person\/fe448a2e68079bc355c3b180636710b0"},"headline":"Market Recap 6 to 12 October 2021","datePublished":"2021-10-13T23:05:00+00:00","mainEntityOfPage":{"@id":"https:\/\/informante.web.na\/?p=309410"},"wordCount":276,"publisher":{"@id":"https:\/\/informante.web.na\/#organization"},"image":{"@id":"https:\/\/informante.web.na\/?p=309410#primaryimage"},"thumbnailUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png","articleSection":["Business","News","Trustco"],"inLanguage":"en-ZA"},{"@type":"WebPage","@id":"https:\/\/informante.web.na\/?p=309410","url":"https:\/\/informante.web.na\/?p=309410","name":"Market Recap 6 to 12 October 2021 - Informant\u00e9","isPartOf":{"@id":"https:\/\/informante.web.na\/#website"},"primaryImageOfPage":{"@id":"https:\/\/informante.web.na\/?p=309410#primaryimage"},"image":{"@id":"https:\/\/informante.web.na\/?p=309410#primaryimage"},"thumbnailUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png","datePublished":"2021-10-13T23:05:00+00:00","description":"The local market was active this week, with the NSX Local index down 0.06% at 467, and the NSX Overall Index up 2.09% at 1469.","breadcrumb":{"@id":"https:\/\/informante.web.na\/?p=309410#breadcrumb"},"inLanguage":"en-ZA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/informante.web.na\/?p=309410"]}]},{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/informante.web.na\/?p=309410#primaryimage","url":"https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png","contentUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2021\/10\/Market-Recap-6-to-12-October-2021.png","width":625,"height":484},{"@type":"BreadcrumbList","@id":"https:\/\/informante.web.na\/?p=309410#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/informante.web.na\/"},{"@type":"ListItem","position":2,"name":"Market Recap 6 to 12 October 2021"}]},{"@type":"WebSite","@id":"https:\/\/informante.web.na\/#website","url":"https:\/\/informante.web.na\/","name":"Informant\u00e9","description":"","publisher":{"@id":"https:\/\/informante.web.na\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/informante.web.na\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-ZA"},{"@type":"Organization","@id":"https:\/\/informante.web.na\/#organization","name":"Informante","url":"https:\/\/informante.web.na\/","logo":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/informante.web.na\/#\/schema\/logo\/image\/","url":"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/10\/Informante-Logo-box-1.png","contentUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/10\/Informante-Logo-box-1.png","width":655,"height":656,"caption":"Informante"},"image":{"@id":"https:\/\/informante.web.na\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/informantenam","https:\/\/x.com\/informantenews","https:\/\/www.instagram.com\/informante_news","https:\/\/www.youtube.com\/channel\/UC-cBl9A2bCMZZphxM2pyMkw"]},{"@type":"Person","@id":"https:\/\/informante.web.na\/#\/schema\/person\/fe448a2e68079bc355c3b180636710b0","name":"Desmond van Heerden","image":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/secure.gravatar.com\/avatar\/99367d701a77e1f096925b05c7db24521ba5adb7d5428cb0aadab8116e902af7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/99367d701a77e1f096925b05c7db24521ba5adb7d5428cb0aadab8116e902af7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/99367d701a77e1f096925b05c7db24521ba5adb7d5428cb0aadab8116e902af7?s=96&d=mm&r=g","caption":"Desmond van Heerden"},"url":"https:\/\/informante.web.na\/?author=4"}]}},"_links":{"self":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/posts\/309410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=309410"}],"version-history":[{"count":0,"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/posts\/309410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/media\/309412"}],"wp:attachment":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=309410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=309410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=309410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}