Capricorn overtakes NamBrew, FirstRand Nam on NSX

Jo-Maré Duddy – Capricorn Group kept its ground today as the biggest company on the Local Index of the Namibia Stock Exchange (NSX) following a spike in its share price on Wednesday.
The share price of Capricorn, with Bank Windhoek as its most prominent brand, on Wednesday jumped by N$2.68 a piece or 26.5% to N$12.80. This pushed up the group’s market capitalisation by total shares in issue to N$6.646 billion, up N$1.392 billion from Tuesday and the biggest on the Local Index.
Namibia Breweries, with a total market capitalisation of N$6.404 billion, moved into second place.
A total of 147 369 Capricorn shares were traded in 14 deals on Wednesday, totalling nearly N$1.77 million. The share’s low for the day was N$10.99 and its peak N$12.80, also its closing price.
FirstRand Namibia, with FNB Namibia as its flagship, on Wednesday closed at N$23.07 a share, one cent or 0.04% lower than Tuesday. The group’s market capitalisation by total shares in issue was N$6.173 billion.
According to the NSX daily report, the closing prices of Capricorn, NamBrew and FirstRand Namibia remained unchanged today.