| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 571,088.00 | 34,980,774.41 | 41.03% |
| ETFs | 266,985.00 | 50,273,201.24 | 58.97% |
| Total | 838,073.00 | 85,253,975.65 | 100.00% |
NSX Activities
A total of N$ 34,980,774.41 worth of shares was traded on the NSX on Tuesday with about N$ 360,589 worth of shares belonging to Shoprite Holdings and N$ 22,781,750 worth of shares belonging to FirstRand Namibia Ltd. ETFs worth N$ 50,273,201.24 were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Market participants subscribed to shares belonging to Shoprite following the NENS publications of the company’s operational update for the 52 weeks to 2 July 2023 resulting in the company’s stock value experiencing an increase of 3.4% at the closing.
- FirstRand Namibia’s shares were traded by market participants, resulting in an increase of 4.2% change in share price at closing.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 36.80 | 36.80 | 0.00% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 15.00 | 15.00 | 0.00% |
| First Rand Namibia | FNB | 48.00 | 50.00 | 4.17% |
| Standard Bank Namibia | SNO | 6.50 | 6.50 | 0.00% |
| Oryx Limited | ORY | 11.10 | 11.10 | 0.00% |
| Letshego | LHN | 3.86 | 3.86 | 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% |
| Name | South African Dual-Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Anglo-American plc | ANM | 545.03 | 570.09 | 4.60% |
| B2Gold Corporation | B2G | 64.91 | 63.17 | -2.68% |
| Oceana Group Limited | OCG | 68.22 | 69.44 | 1.79% |
| Truworths | TRW | 62.64 | 63.26 | 0.99% |
| Nedbank Group Limited | NBK | 228.88 | 229.63 | 0.33% |
| Standard Bank Group | SNB | 187.00 | 187.08 | 0.04% |
| Shoprite Holdings | SRH | 242.86 | 251.06 | 3.38% |
| Firstrand Limited | FST | 70.98 | 70.96 | -0.03% |
| Momentum Metropolitan Holdings | MMT | 18.36 | 18.56 | 1.09% |
| Old Mutual Ltd | OMM | 12.60 | 12.60 | 0.00% |
| Sanlam Limited | SLA | 63.63 | 64.00 | 0.58% |
| Santam Limited | SNM | 291.20 | 296.79 | 1.92% |
| Vukile Property Fund Limited | VKN | 12.76 | 12.92 | 1.25% |
| Investec Limited | IVD | 112.31 | 110.00 | -2.06% |
| PSG Konsult Limited | KFS | 13.88 | 14.12 | 1.73% |
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 324.34 | 321.16 | -0.98% |
| New Gold Palladium ETF | NGNPLD | 221.75 | 217.86 | -1.75% |
| New Gold Platinum ETF N | NGNPLT | 165.10 | 163.89 | -0.73% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.37 | 19.46 | 0.46% |
| Exchange Rates @ 07:00 | |
| USD/NAD | 17.56 |
| EUR/NAD | 19.43 |
| GBP/NAD | 22.65 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.10 |
| GBP/USD | 1.28 |
| AUD/USD | 0.67 |
| USD/JPY | 140.96 |
| Commodities @ 07:00 | |
| Gold | 1,968.15 |
| Silver | 24.80 |
| Platinum | 976.80 |
| Palladium | 1,279.53 |
| WTI | 79.22 |
| Brent | 82.83 |
Local News
The Anti-Corruption Commission (ACC) claims the National Petroleum Corporation of Namibia’s (Namcor) board was so hell-bent on suspending managing director Immanuel ‘Imms’ Mulungu (Sun Newspaper)
Okahandja has set the wheels in motion to restore its status as the ‘Garden Town’ after it was announced the town’s municipality has set aside N$25 million for the commissioning of a new dumpsite. (New Era Newspaper)
A report by the Ministry of Works and Transport has revealed that poor contract management, cash-flow problems, and a lack of technical capacity from contractors are among the reasons why more than 43 government capital projects have been abandoned. (The Namibian Newspaper)
Sub-Sahara News
A court has slammed controversial multimillionaire Paul de Robillard for selling off millions of rands worth of assets, including two yachts, while a company owned by his family trust was in a tax dispute with SARS.. (News24)
Nigeria’s central bank raised its main lending rate by a smaller-than-expected 25 basis points NGCBIR=ECI on Tuesday, saying it preferred a moderate increase to anchor inflation expectations while continuing to support investment. (CNBC Africa)
The Department of Health in South Africa has initiated contact tracing after a third imported cholera case was detected in Durban, (AllAfrica News)
International News
After years of pandemic isolation, North Korea has invited its friends back this week, hosting senior Chinese and Russian delegations for 70th-anniversary commemorations of the Korean War and the struggle against the United States and its allies. (Reuters News)
Markets in Europe are expected to open on a firm note on Wednesday amidst expectations of a softening in the monetary policy outlook. (RTT News)
Elon Musk’s aspirations for X, the social media site formerly known as Twitter, have hit a stumbling block in Indonesia after the site X.com was blocked under the country’s curbs on online pornography and gambling. (Aljazeera News)