| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 1,189,808.00 | 39,543,578.31 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 1,189,808.00 | 39,543,578.31 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 39,543,578.31 worth of shares was traded on the NSX on Thursday with about N$ 4,369,602 worth of shares belonging to Shoprite Holdings and N$ 68,000 worth of Namibia Asset Management Limited on the home front. No ETFs were traded on Thursday
HEI Market Commentary
From the trading activity that took place:
- The JSE stock market experienced a sell-off, prompting investors to seek stable companies with lower volatility to hedge their risks. As a result, Shoprite’s shares increased by 1.0%, with N$4 million worth of shares being traded in the market
- Although Namibia Asset Management shares were the most actively traded on the domestic market, their share price performance remained the same.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 46.02 | 46.02 | 0.00% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 13.82 | 13.82 | 0.00% |
| First Rand Namibia | FNB | 34.06 | 34.06 | 0.00% |
| Standard Bank Namibia | SNO | 5.21 | 5.20 | -0.19% |
| Oryx Limited | ORY | 11.49 | 11.49 | 0.00% |
| Letshego | LHN | 3.60 | 3.60 | 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 | 12.84 | 12.84 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.08 | 7.08 | 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 | 562.28 | 553.71 | -1.52% |
| B2Gold Corporation | B2G | 63.60 | 64.69 | 1.71% |
| Oceana Group Limited | OCG | 69.00 | 68.96 | -0.06% |
| Mediclinic International Plc | MEP | 109.90 | 110.57 | 0.61% |
| Truworths | TRW | 52.99 | 52.70 | -0.55% |
| Nedbank Group Limited | NBK | 213.62 | 214.26 | 0.30% |
| Standard Bank Group | SNB | 166.25 | 168.30 | 1.23% |
| Shoprite Holdings | SRH | 213.72 | 215.79 | 0.97% |
| FirstRand Limited | FST | 62.47 | 61.93 | -0.86% |
| Momentum Metropolitan Holdings | MMT | 17.40 | 17.00 | -2.30% |
| Old Mutual Ltd | OMM | 11.27 | 11.14 | -1.15% |
| Sanlam Limited | SLA | 54.30 | 54.43 | 0.24% |
| Santam Limited | SNM | 275.00 | 277.88 | 1.05% |
| Vukile Property Fund Limited | VKN | 13.30 | 13.37 | 0.53% |
| Investec Limited | IVD | 98.07 | 100.58 | 2.56% |
| PSG Konsult Limited | KFS | 12.00 | 11.95 | -0.42% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 321.37 | 329.56 | 2.55% |
| New Gold Palladium ETF | NGNPLD | 264.41 | 255.99 | -3.18% |
| New Gold Platinum ETF N | NGNPLT | 172.17 | 169.40 | -1.61% |
| New Funds S&P NAM Bond | NFNAMA | 18.23 | 18.21 | -0.11% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.34 |
| EUR/NAD | 19.52 |
| GBP/NAD | 22.27 |
| EUR/GBP | 0.87 |
| EUR/USD | 1.06 |
| GBP/USD | 1.21 |
| AUD/USD | 0.67 |
| USD/JPY | 133.12 |
| Commodities @ 07:00 | |
| Gold | 1,933.95 |
| Silver | 22.08 |
| Platinum | 991.95 |
| Palladium | 1,443.03 |
| WTI | 69.03 |
| Brent | 75.42 |
Table 5: Exchange Rates and Commodities
Local News
President Hage Geingob yesterday stopped short of declaring a state of emergency over unemployment, but startlingly stated that hordes of frustrated unemployed youth may turn to ‘terrorism’ for survival. (Sun Newspaper)
Trade and industrialization minister Lucia Iipumbu says Namibia has recognized that achieving its global warming targets and commitments requires sectoral approaches. Thus, a National Cooling Strategy has been drafted and will soon be submitted to parliament for endorsement (New Era Newspaper)
PRIME minister Saara Kuugongelwa-Amadhila has sounded concerned over Namibia’s increasing debt, which now stands at over 70% of the gross domestic product. (The Namibian Newspaper)
Sub-Sahara News
The new round of public sector wage negotiations could be settled as soon as next week should both government and the majority of unions each move by 0.5% at the next meeting of the Public Sector Coordinating Bargaining Chamber. (News24)
South Africa’s rand bounced on Thursday as the dollar eased and some calm was restored in markets after an emergency lifeline for embattled lender Credit Suisse by Swiss authorities, ahead of a key European Central Bank (ECB) meeting later in the day.. (CNBC Africa)
Women health workers are more than two-thirds of the health workforce and represent 90% of the world’s frontline health workers, yet hold less than a quarter of senior leadership roles – a situation that is unfair and a significant risk for global health security. (All Africa News)
International News
Multi-billion dollar lifelines for troubled U.S. and European banks shored up investor confidence on Friday and bolstered sentiment in battered stocks, although concerns now centre on whether a global financial crisis has been fully averted. (Reuters)
European stocks tumbled on Thursday as investors assessed the potential fallout from the implosions of Silicon Valley Bank and Silvergate Capital (RTT News)
As Russian offensive power seemed to peter out across Ukraine’s eastern front, mercenary forces from Russia’s Wagner Group doubled down on attacks against the Ukrainian defenders of Bakhmut city in the Donetsk region during the 55th week of the war. (Aljazeera News)