| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 755,917.00 | 28,077,178.03 | 99.38% |
| ETFs | 582.00 | 176,055.00 | 0.62% |
| Total | 756,499.00 | 28,253,233.03 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 28,077,178.03 worth of shares was traded on the NSX on Wednesday with about N$ 2,169,044 worth of shares belonging to Shoprite Holdings and N$ 3,447,345 from Namibia Breweries on the home front. ETFs worth N$ 176,055.00 were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Shoprite Holdings’ performance on the overall bourse was subscribed to by market participants
- Namibia Breweries shares were traded by market participants, resulting in no change in share price at closing
- New Gold Issuer Ltd NM ETF still remains one of the most traded ETFs on the NSX as gold prices attract investors.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 46.01 | 46.01 | 0.00% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 13.50 | 13.51 | 0.07% |
| First Rand Namibia | FNB | 33.01 | 33.01 | 0.00% |
| Standard Bank Namibia | SNO | 4.46 | 4.46 | 0.00% |
| Oryx Limited | ORY | 11.49 | 11.49 | 0.00% |
| Letshego | LHN | 3.50 | 3.50 | 0.00% |
| Namibia Asset Management | NAM | 0.68 | 0.68 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 13.20 | 13.20 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.03 | 7.03 | 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 | 749.92 | 768.28 | 2.45% |
| B2Gold Corporation | B2G | 69.74 | 68.64 | -1.58% |
| Oceana Group Limited | OCG | 68.00 | 68.79 | 1.16% |
| Mediclinic International Plc | MEP | 104.60 | 104.43 | -0.16% |
| Truworths | TRW | 62.84 | 62.61 | -0.37% |
| Nedbank Group Limited | NBK | 213.04 | 215.23 | 1.03% |
| Standard Bank Group | SNB | 168.99 | 170.00 | 0.60% |
| Shoprite Holdings | SRH | 240.00 | 242.25 | 0.94% |
| FirstRand Limited | FST | 64.39 | 64.49 | 0.16% |
| Momentum Metropolitan Holdings | MMT | 18.45 | 18.40 | -0.27% |
| Old Mutual Ltd | OMM | 11.49 | 11.46 | -0.26% |
| Sanlam Limited | SLA | 53.62 | 53.96 | 0.63% |
| Santam Limited | SNM | 256.65 | 259.59 | 1.15% |
| Vukile Property Fund Limited | VKN | 13.31 | 13.39 | 0.60% |
| Investec Limited | IVD | 105.88 | 107.49 | 1.52% |
| PSG Konsult Limited | KFS | 12.25 | 12.25 | 0.00% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 305.57 | 303.11 | -0.81% |
| New Gold Palladium ETF | NGNPLD | 284.61 | 293.47 | 3.11% |
| New Gold Platinum ETF N | NGNPLT | 173.27 | 175.07 | 1.04% |
| New Funds S&P NAM Bond | NFNAMA | 18.05 | 18.24 | 1.05% |
Table 4: ETFs
| Exchange Rates @ 08:00 | |
| USD/NAD | 17.15 |
| EUR/NAD | 18.52 |
| GBP/NAD | 21.15 |
| EUR/GBP | 0.87 |
| EUR/USD | 1.07 |
| GBP/USD | 1.22 |
| AUD/USD | 0.69 |
| USD/JPY | 128.37 |
| Commodities @ 08:00 | |
| Gold | 1,909.00 |
| Silver | 23.52 |
| Platinum | 1,048.40 |
| Palladium | 1,709.53 |
| WTI | 78.95 |
| Brent | 86.88 |
Table 5: Exchange Rates and Commodities
Local News
Recent flooding in the Ohangewena Region has already caused extensive damage to mahangu fields, hampering efforts by subsistence farmers to produce food for their homesteads (Sun Newspaper)
The University of Namibia students are displeased after 17 programs, which were scheduled to be offered this academic year, have been canceled as they have not been accredited (New Era Newspaper)
Namibia exported fruits and nuts worth over N$1.4 billion between November 2021 and November 2022- a good figure compared to imports just shy of N$400 million (The Namibian)
Sub-Sahara News
Eskom is living hand-to-mouth in its efforts to obtain the diesel needed to continue running its open-cycle gas turbines (OCGTs), which, in the face of prolonged power generation outages, is the only way the utility can stave off severe and ongoing curtailment of South Africa’s electricity supply. (News24)
African heads of state and global CEOs at the World Economic Forum Annual Meeting backed the launch of the first of its kind report on how public-private partnerships can support the implementation of the African Continental Free Trade Area (AfCFTA). (CNBC Africa)
Uganda is set to make a major shift in the battle against malaria, with the focus turning from treatment to prevention, especially at the household level. (All Africa News)
International News
Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession (Reuters)
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as the markets reflected optimism about the highly anticipated US consumer price inflation report due later today. (RTT News)
Australia has announced it will ditch its fleet of European-designed Taipan military helicopters a decade earlier than scheduled, replacing them with 40 Black Hawk choppers from the United States at an estimated cost of 2.8 billion Australian dollars ($1.97bn) (Aljazeera News)