{"id":329988,"date":"2022-11-17T07:51:14","date_gmt":"2022-11-17T05:51:14","guid":{"rendered":"https:\/\/informante.web.na\/?p=329988"},"modified":"2022-11-17T07:51:18","modified_gmt":"2022-11-17T05:51:18","slug":"market-recap-9-to-15-november-2022","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=329988","title":{"rendered":"Market Recap 9 to 15 November 2022"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">In the local market this week, the NSX Local index remained stable at 502.5, and the NSX Overall Index was up 5.24% at 1696.6. As at 15 November 2022, Namibia Breweries was the largest local company on the exchange, with market capitalization of N$ 9.5 billion, followed by FirstRand Namibia with N$ 8.3 billion, Capricorn Group with N$ 6.7 billion and Mobile Telecommunications with N$ 5.3 billion. Agra lead the market this week, closing at N$ 2.58 per share after growth of 0.8%. In terms of volume Oryx Properties lead the market with N$ 2.3 million worth of shares traded, with Capricorn Group in second place with N$ 0.6 million worth of shares traded. The local currency gained 2.26% against the US Dollar, to close at N$ 17.31 per USD, and lost 0.49% against the British Pound, to close at N$ 20.53 per GBP. It closed at N$ 17.91 against the Euro, a loss of 0.41%.<\/span><\/p>\n<p><\/p>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"613\" height=\"484\" src=\"https:\/\/informante.web.na\/wp-content\/uploads\/2022\/11\/Market-Recap-9-to-15-November-2022.png\" alt=\"\" class=\"wp-image-329989\" srcset=\"https:\/\/informante.web.na\/wp-content\/uploads\/2022\/11\/Market-Recap-9-to-15-November-2022.png 613w, https:\/\/informante.web.na\/wp-content\/uploads\/2022\/11\/Market-Recap-9-to-15-November-2022-300x237.png 300w, https:\/\/informante.web.na\/wp-content\/uploads\/2022\/11\/Market-Recap-9-to-15-November-2022-380x300.png 380w\" sizes=\"auto, (max-width: 613px) 100vw, 613px\" \/><\/figure>\n<\/div>\n\n<p><span data-preserver-spaces=\"true\">&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Namibia Statistics Agency released the inflation figures for the month of October 2022, and revealed that annual inflation is now 7.1% compared to 3.6% the same time last year, and remained stable from the 7.1% recorded for September 2022. The growth in the price index was due to increases in the prices of Food and non-alcoholic beverages accounting for 1.7% of the increase, as well as Transport accounting for 2.6% of the increase. Zone 1 (Otjozondjupa, Kunene, Oshana, Omusati, Oshikoto, Ohangwena, Kavango East, Kavango West and Zambezi) saw inflation of 6.5% compared to 6.6% last month, with Zone 2 (Khomas) seeing inflation of 7.8%, compared to 7.8% last month. Zone 3 (Omaheke, Hardap, Karas and Erongo) had inflation of 6.8%, compared to 6.9% last month.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>In the local market this week, the NSX Local index remained stable at 502.5, and the NSX Overall Index was up 5.24% at 1696.6. As at 15 November 2022, Namibia Breweries was the largest local company on the exchange, with market capitalization of N$ 9.5 billion, followed by FirstRand Namibia with N$ 8.3 billion, Capricorn &#8230;<\/p>\n","protected":false},"author":4,"featured_media":329989,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,24],"tags":[],"class_list":["post-329988","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Market Recap 9 to 15 November 2022 - Informant\u00e9<\/title>\n<meta name=\"description\" content=\"In the local market this week, the NSX Local index remained stable at 502.5, and the NSX Overall Index was up 5.24% at 1696.6.\" \/>\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=329988\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Recap 9 to 15 November 2022 - Informant\u00e9\" \/>\n<meta property=\"og:description\" content=\"In the local market this week, the NSX Local index remained stable at 502.5, and the NSX Overall Index was up 5.24% at 1696.6.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/informante.web.na\/?p=329988\" \/>\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=\"2022-11-17T05:51:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-17T05:51:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/informante.web.na\/wp-content\/uploads\/2022\/11\/Market-Recap-9-to-15-November-2022.png\" \/>\n\t<meta property=\"og:image:width\" content=\"613\" \/>\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=329988#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=329988\"},\"author\":{\"name\":\"Desmond van Heerden\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/person\\\/fe448a2e68079bc355c3b180636710b0\"},\"headline\":\"Market Recap 9 to 15 November 2022\",\"datePublished\":\"2022-11-17T05:51:14+00:00\",\"dateModified\":\"2022-11-17T05:51:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=329988\"},\"wordCount\":252,\"publisher\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=329988#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Market-Recap-9-to-15-November-2022.png\",\"articleSection\":[\"Business\",\"News\"],\"inLanguage\":\"en-ZA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=329988\",\"url\":\"https:\\\/\\\/informante.web.na\\\/?p=329988\",\"name\":\"Market Recap 9 to 15 November 2022 - 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