| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 621,320.00 | 30,418,043.43 | 92.70% |
| ETFs | 7,144.00 | 2,396,638.47 | 7.30% |
| Total | 628,464.00 | 32,814,681.90 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$30,418,043.43 worth of shares was traded on the NSX on Friday with about N$ 3,776,825 worth of shares belonging to Anglo-American plc and N$ 1,914,820 worth of shares belonging FirstRand Namibia Ltd on the home front. ETFs worth N$2,396,638.47 were traded on Friday.
HEI Market Commentary
From the trading activity that took place:
- Share belonging to Anglo-American recovers slightly, despite US economic optimism hurting precious metals, resulting in a slight increase of 1.6% in the company’s stock value at closing
- FirstRand Namibia’s share price on the domestic market soared by 3%, as the buyback program takes effect reaching all-time highs.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 36.30 | 36.80 | 1.38% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 14.50 | 14.65 | 1.03% |
| First Rand Namibia | FNB | 48.93 | 50.39 | 2.98% |
| Standard Bank Namibia | SNO | 6.50 | 6.50 | 0.00% |
| Oryx Limited | ORY | 11.30 | 11.00 | -2.65% |
| Letshego | LHN | 3.90 | 3.90 | 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 | 12.75 | 12.75 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.08 | 7.08 | 0.00% |
| Alpha Namibia Industries Renewable Power Limited | ANE | 8.99 | 8.99 | 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 | 528.95 | 537.22 | 1.56% |
| B2Gold Corporation | B2G | 64.30 | 65.52 | 1.90% |
| Oceana Group Limited | OCG | 70.01 | 70.50 | 0.70% |
| Truworths | TRW | 55.84 | 56.60 | 1.36% |
| Nedbank Group Limited | NBK | 225.51 | 228.58 | 1.36% |
| Standard Bank Group | SNB | 173.76 | 177.55 | 2.18% |
| Shoprite Holdings | SRH | 224.00 | 225.60 | 0.71% |
| Firstrand Limited | FST | 67.46 | 68.50 | 1.54% |
| Momentum Metropolitan Holdings | MMT | 17.87 | 18.06 | 1.06% |
| Old Mutual Ltd | OMM | 11.95 | 12.12 | 1.42% |
| Sanlam Limited | SLA | 57.71 | 58.35 | 1.11% |
| Santam Limited | SNM | 289.93 | 289.00 | -0.32% |
| Vukile Property Fund Limited | VKN | 12.26 | 12.54 | 2.28% |
| Investec Limited | IVD | 103.49 | 106.02 | 2.44% |
| PSG Konsult Limited | KFS | 12.90 | 13.20 | 2.33% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 334.77 | 336.54 | 0.53% |
| New Gold Palladium ETF | NGNPLD | 224.07 | 226.19 | 0.95% |
| New Gold Platinum ETF N | NGNPLT | 162.00 | 164.08 | 1.28% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.45 | 19.13 | -1.65% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.82 |
| EUR/NAD | 20.52 |
| GBP/NAD | 23.90 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.09 |
| GBP/USD | 1.27 |
| AUD/USD | 0.66 |
| USD/JPY | 144.66 |
| Commodities @ 07:00 | |
| Gold | 1,924.25 |
| Silver | 23.03 |
| Platinum | 912.05 |
| Palladium | 1,235.28 |
| WTI | 70.63 |
| Brent | 75.40 |
Table 5: Exchange Rates and Commodities
Local News
Hyphen Hydrogen Energy (Hyphen), Namibia’s partner in its quest to develop its green hydrogen project, says the country is well-positioned to successfully execute the mega-project, which is seen as an integral part of the world’s decarbonization efforts. (Sun Newspaper)
In recent months, the Namibia University of Science and Technology (Nust) has garnered significant attention, for all the wrong reasons. The institution has been plagued by controversies surrounding its governance and purported questionable actions by its top leadership (New Era Newspaper)
Those who promote illegal financial schemes will, according to a newly tabled law, be liable to a fine of up to N$2 million, or 10 years in prison. (The Namibian Newspaper)
Sub-Sahara News
A payroll tax may be levied on seven million employees who are currently not paying income tax. (News24)
The South African rand weakened on Thursday as the U.S. dollar firmed, bolstered by market expectations of more rate hikes. (CNBC Africa)
Air travellers are appalled that owners of commercial airlines are getting away with infractions like undue delays, cancellations, among others in Nigeria, at the detriment of their passengers without being punished (AllAfrica News)
International News
Asian shares firmed on Monday as demand for tech stocks buoyed Japan’s market, while a data-packed week promises to be pivotal to the outlook for the Chinese economy and U.S. interest rates. (Reuters News)
European stocks may open on a positive note Monday as investors keep a close eye on the situation in Russia. After an aborted mutiny by Wagner mercenary forces led by Yevgeny Prigozhin, (RTT News)
Israel will buy its third fleet of F-35 stealth fighter jets in a deal worth $3bn that will be financed through US military aid, according to the Israeli military. (Aljazeera News)