Category: Equity Market Research

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	159,665.00	11,796,232.08	100.00%
ETFs	-	-	0.00%
Total	159,665.00	11,796,232.08	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 11,796,232.08 worth of shares was traded on the NSX on Monday with about N$ 3,925,557 worth of Anglo-American plc and N$  218,669  worth of Capricorn Group on the home front. No  ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American’s shares declined in share price as the SARBs decision to hike up interest rates by 75bps.
• Shares belonging to Capricorn Group were traded with a decline in share price at closing

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	42.49	42.49	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	11.31	11.11	-1.77%
First Rand Namibia	FNB	30.52	30.53	0.03%
Standard Bank Namibia	SNO	4.71	4.71	0.00%
Oryx Limited	ORY	10.27	10.27	0.00%
Letshego	LHN	2.67	2.67	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.99	12.99	0.00%
Mobile Telecommunication Company	MOC	7.02	7.02	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

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Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	521.68	512.52	-1.76%
B2Gold Corporation	B2G	55.19	53.71	-2.68%
Oceana Group Limited	OCG	55.19	54.25	-1.70%
Mediclinic International Plc	MEP	96.15	95.64	-0.53%
Truworths	TRW	52.13	52.25	0.23%
Nedbank Group Limited	NBK	203.30	200.00	-1.62%
Standard Bank Group	SNB	145.03	143.60	-0.99%
Shoprite Holdings	SRH	220.88	219.94	-0.43%
FirstRand Limited	FST	61.89	61.20	-1.11%
Momentum Metropolitan Holdings	MMT	17.10	16.66	-2.57%
Old Mutual Ltd	OMM	10.10	9.81	-2.87%
Sanlam Limited	SLA	52.49	52.10	-0.74%
Santam Limited	SNM	241.68	242.15	0.19%
Vukile Property Fund Limited	VKN	12.64	12.42	-1.74%
Investec Limited	IVD	78.22	74.47	-4.79%
PSG Konsult Limited	KFS	10.71	10.46	-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	274.42	276.89	0.90%
New Gold Palladium ETF	NGNPLD	359.43	362.59	0.88%
New Gold Platinum ETF N	NGNPLT	148.93	150.73	1.21%
New Funds S&P NAM Bond	NFNAMA	17.04	16.92	-0.70%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	18.08
EUR/NAD	17.41
GBP/NAD	19.38
EUR/GBP	0.91
EUR/USD	0.96
GBP/USD	1.08
AUD/USD	0.65
USD/JPY	144.23
Commodities @ 08:00
Gold	1,643.10
Silver	18.58
Platinum	853.60
Palladium	2,044.53
WTI	77.80
Brent	83.99

Table 5: Exchange Rates and Commodities 

Local News

Former members of the People’s Liberation Army of Namibia (PLAN), and their war enemies South West Africa Territorial Force (SWATF) and Koevoet intend to petition former presidents and the current president of Namibia over the government alleged failure to address the plight of the three groups. (Namibian Sun)

The Walvis Bay municipal council will finally write off millions in outstanding debt pensioners, while ordinary residents and businesses at the harbor town  (New Era Newspaper)

Meat Corporation of Namibia (Meatco) chief executive officer (CEO) says the pre-tax loss of N$206 million the company reported in its latest annual financial results last week was expected, as a result of Namibia's recent drought period (The Namibian)

Sub-Sahara News

South Africa remains vulnerable to cyber warfare, despite a plan to protect the country against threats to its national security and commercial capability being put into motion almost eight years ago. (News24)

Nigeria’s national electricity grid collapsed on Monday leaving many parts of the country without power, electricity distribution companies said. (CNBC Africa)

President William Ruto has flagged off 20,000 bags of rice, 20,000 bags of beans, and assorted animal feed to areas facing severe drought. (All Africa News)

International News

U.S. Vice President Kamala Harris will visit the de-militarised zone (DMZ) separating the Koreas on Thursday in a bid to show Washington's commitment to the South's security, according to U.S. and South Korean officials. (Reuters)

Asian stocks ended broadly lower on Monday as investors braced for a slew of central bank decisions this week. The Federal Reserve meets on Wednesday, while the Bank of England and the Swiss National Bank will announce their monetary policy decisions. (RTT News)

Japan is bidding farewell to former Prime Minister Shinzo Abe, who was killed on the campaign trail in July, with a rare state funeral that has divided the nation. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	228,951.00	16,700,730.46	97.69%
ETFs	2,110.00	395,513.50	2.31%
Total	231,061.00	17,096,243.96	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 16,700,730.46 worth of shares was traded on the NSX on Friday with about N$  2,552,365 worth of Anglo-American plc and N$ 69,779 worth of Mobile Telecommunications Limited on the home front. ETFs worth N$395,513.50 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American’s shares declined in share price as the SARBs decision to hike up interest rates by 75bps.
• Shares belonging to Mobile Telecommunications Limited were traded with a slight change in share price at closing
• New Gold Issuer Ltd NM ETF was sold off as market correction takes place post-Fed decisions
• New Gold Platinum ETF N & New Gold Issuer Ltd NM ETF were traded resulting in a decline in the asking price

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	42.49	42.49	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	11.30	11.31	0.09%
First Rand Namibia	FNB	30.52	30.52	0.00%
Standard Bank Namibia	SNO	4.70	4.71	0.21%
Oryx Limited	ORY	10.27	10.27	0.00%
Letshego	LHN	2.67	2.67	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.99	12.99	0.00%
Mobile Telecommunication Company	MOC	7.01	7.02	0.14%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

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Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	563.36	521.68	-7.40%
B2Gold Corporation	B2G	55.91	55.19	-1.29%
Oceana Group Limited	OCG	55.88	55.19	-1.23%
Mediclinic International Plc	MEP	97.76	96.15	-1.65%
Truworths	TRW	52.50	52.13	-0.70%
Nedbank Group Limited	NBK	207.13	203.30	-1.85%
Standard Bank Group	SNB	146.21	145.03	-0.81%
Shoprite Holdings	SRH	222.16	220.88	-0.58%
FirstRand Limited	FST	62.96	61.89	-1.70%
Momentum Metropolitan Holdings	MMT	17.75	17.10	-3.66%
Old Mutual Ltd	OMM	10.21	10.10	-1.08%
Sanlam Limited	SLA	53.36	52.49	-1.63%
Santam Limited	SNM	241.00	241.68	0.28%
Vukile Property Fund Limited	VKN	12.88	12.64	-1.86%
Investec Limited	IVD	80.00	78.22	-2.23%
PSG Konsult Limited	KFS	10.70	10.71	0.09%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	274.67	274.42	-0.09%
New Gold Palladium ETF	NGNPLD	371.78	359.43	-3.32%
New Gold Platinum ETF N	NGNPLT	154.80	148.93	-3.79%
New Funds S&P NAM Bond	NFNAMA	17.12	17.04	-0.47%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	18.07
EUR/NAD	17.41
GBP/NAD	19.11
EUR/GBP	0.91
EUR/USD	1.01
GBP/USD	1.16
AUD/USD	0.65
USD/JPY	144.15
Commodities @ 08:00
Gold	1,672.95
Silver	19.54
Platinum	888.40
Palladium	2,147.77
WTI	82.20
Brent	89.14

Table 5: Exchange Rates and Commodities 

Local News

Former members of the People’s Liberation Army of Namibia (PLAN), and their war enemies South West Africa Territorial Force (SWATF) and Koevoet intend to petition former presidents and the current president of Namibia over the government alleged failure to address the plight of the three groups. (Namibian Sun)

The Walvis Bay municipal council will finally write off millions in outstanding debt pensioners, while ordinary residents and businesses at the harbor town  (New Era Newspaper)

Meat Corporation of Namibia (Meatco) chief executive officer (CEO) says the pre-tax loss of N$206 million the company reported in its latest annual financial results last week was expected, as a result of Namibia's recent drought period (The Namibian)

Sub-Sahara News

South Africa remains vulnerable to cyber warfare, despite a plan to protect the country against threats to its national security and commercial capability being put into motion almost eight years ago. (News24)

Ghana’s central bank said on Thursday it has rescheduled its upcoming interest rate decision to Oct. 7 from Sept. 26, to coincide with the end of an IMF mission to the country. (CNBC Africa)

Nigeria's average fixed broadband internet speed is so slow the country ranked 151st amongst 182 countries in the latest Speedtest Global Index published by U.S.-based internet speed analysis firm Ookla. (All Africa News)

International News

Voting in referendums in Ukraine aimed at annexing territory to Russia enters a fourth day on Monday after the United States warned of "catastrophic consequences" if Moscow used nuclear weapons to protect any annexed regions. (Reuters)

Asian stocks finished mostly lower on Friday, tracking Wall Street's overnight losses amid fresh concerns over a hawkish interest rate decision by the Fed next week. (RTT News)

North Korea and China have resumed freight train services after a five-month suspension due to the pandemic, South Korean media has reported. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,190,662.00	49,571,824.65	91.24%
ETFs	17,303.00	4,759,520.64	8.76%
Total	1,207,965.00	54,331,345.29	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 49,571,824.65 worth of shares was traded on the NSX on Thursday with about N$ 4,185,843 worth of Anglo-American plc and N$     2,381,290 worth of Mobile Telecommunications Limited on the home front. ETFs worth N$4,759,520.64 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American’s shares declined in share price as the SARBs decision to hike up interest rates by 75bps.
• Shares belonging to Mobile Telecommunications Limited were traded with no change in the share price at closing
• New Gold Issuer Ltd NM ETF was sold off as market correction takes place post-Fed decisions

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	42.50	42.49	-0.02%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.70	11.30	5.61%
First Rand Namibia	FNB	30.52	30.52	0.00%
Standard Bank Namibia	SNO	4.70	4.70	0.00%
Oryx Limited	ORY	10.27	10.27	0.00%
Letshego	LHN	2.67	2.67	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.99	12.99	0.00%
Mobile Telecommunication Company	MOC	7.01	7.01	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	566.26	563.36	-0.51%
B2Gold Corporation	B2G	57.05	55.91	-2.00%
Oceana Group Limited	OCG	54.69	55.88	2.18%
Mediclinic International Plc	MEP	99.03	97.76	-1.28%
Truworths	TRW	53.72	52.50	-2.27%
Nedbank Group Limited	NBK	210.04	207.13	-1.39%
Standard Bank Group	SNB	146.27	146.21	-0.04%
Shoprite Holdings	SRH	225.31	222.16	-1.40%
FirstRand Limited	FST	63.53	62.96	-0.90%
Momentum Metropolitan Holdings	MMT	17.66	17.75	0.51%
Old Mutual Ltd	OMM	10.41	10.21	-1.92%
Sanlam Limited	SLA	54.40	53.36	-1.91%
Santam Limited	SNM	243.06	241.00	-0.85%
Vukile Property Fund Limited	VKN	13.09	12.88	-1.60%
Investec Limited	IVD	80.15	80.00	-0.19%
PSG Konsult Limited	KFS	10.72	10.70	-0.19%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	275.19	274.67	-0.19%
New Gold Palladium ETF	NGNPLD	368.27	371.78	0.95%
New Gold Platinum ETF N	NGNPLT	156.24	154.80	-0.92%
New Funds S&P NAM Bond	NFNAMA	17.20	17.12	-0.47%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.61
EUR/NAD	17.33
GBP/NAD	19.79
EUR/GBP	0.87
EUR/USD	1.01
GBP/USD	1.16
AUD/USD	0.66
USD/JPY	142.13
Commodities @ 08:00
Gold	1,681.40
Silver	19.72
Platinum	899.70
Palladium	2,159.27
WTI	83.48
Brent	90.48

Table 5: Exchange Rates and Commodities 

Local News

Former police chief Sebastian Ndeitunga has poured cold water over questions about his house in Nkurenkuru, which was constructed using the same bricks as the new police headquarters in the town. (Namibian Sun)

Auditor general Junias Kandjeke is fed-up with the general lack of accountability in the public sector, saying it is perplexing how those caught pants down go scot-free while laws are in place to reprimand them. (New Era Newspaper)

Namibia acknowledges that investment in ocean health, ocean wealth, and ocean equity is significantly low, although the country spent close to US$7.3 million on marine research during the 2019/20 financial year (The Namibian)

Sub-Sahara News

Interest rates are back at pre-pandemic levels after the SA Reserve Bank hiked rates by 75 basis points, for the second meeting in a row. (News24)

South Africa’s rand inched higher on Thursday ahead of a large rate hike expected from the country’s central bank while emerging market stocks hit near 28-month lows after an aggressive view for U.S. rates from the Federal Reserve. (CNBC Africa)

Cameroon's military says three members of its airborne battalion this week attacked civilians and killed two mothers in Nylbat, an English-speaking village in the Andeck district. (All Africa News)

International News

Iranian President Ebrahim Raisi said on Thursday that "acts of chaos" are not acceptable, in a warning to protesters who have taken to the streets across the country in fury over the death of a woman in the morality police's custody. (Reuters)

Asian stocks finished mostly lower on Friday, tracking Wall Street's overnight losses amid fresh concerns over a hawkish interest rate decision by the Fed next week. (RTT News)

The Biden administration has sanctioned Iran’s so-called “morality police” for alleged abuses and violence against Iranian women and protesters, as Iranians have taken to the streets over the recent death of a 22-year-old woman after her detention by the police force. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,175,252.00	28,772,581.51	100.00%
ETFs	-	-	0.00%
Total	1,175,252.00	28,772,581.51	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 28,772,581.51 worth of shares was traded on the NSX on Wednesday with about N$ 886,862 worth of Anglo-American plc and N$     14,020 worth of Mobile Telecommunications Limited on the home front. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares were bought by market participants amid the fed's decisions.
• Shares belonging to Mobile Telecommunications Limited were traded with no change in share price at closing

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	42.50	42.50	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	12.50	12.50	0.00%
First Rand Namibia	FNB	30.52	30.52	0.00%
Standard Bank Namibia	SNO	4.72	4.72	0.00%
Oryx Limited	ORY	10.27	10.27	0.00%
Letshego	LHN	2.67	2.67	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.99	12.99	0.00%
Mobile Telecommunication Company	MOC	7.01	7.01	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	560.77	566.26	0.98%
B2Gold Corporation	B2G	59.82	57.05	-4.63%
Oceana Group Limited	OCG	53.59	54.69	2.05%
Mediclinic International Plc	MEP	99.81	99.03	-0.78%
Truworths	TRW	55.11	53.72	-2.52%
Nedbank Group Limited	NBK	208.93	210.04	0.53%
Standard Bank Group	SNB	146.32	146.27	-0.03%
Shoprite Holdings	SRH	224.05	225.31	0.56%
FirstRand Limited	FST	63.00	63.53	0.84%
Momentum Metropolitan Holdings	MMT	17.63	17.66	0.17%
Old Mutual Ltd	OMM	10.43	10.41	-0.19%
Sanlam Limited	SLA	54.40	54.40	0.00%
Santam Limited	SNM	250.17	243.06	-2.84%
Vukile Property Fund Limited	VKN	13.40	13.09	-2.31%
Investec Limited	IVD	78.50	80.15	2.10%
PSG Konsult Limited	KFS	10.75	10.72	-0.28%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	275.37	275.19	-0.07%
New Gold Palladium ETF	NGNPLD	364.89	368.27	0.93%
New Gold Platinum ETF N	NGNPLT	158.75	156.24	-1.58%
New Funds S&P NAM Bond	NFNAMA	17.49	17.20	-1.66%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.78
EUR/NAD	17.45
GBP/NAD	19.94
EUR/GBP	0.87
EUR/USD	1.01
GBP/USD	1.16
AUD/USD	0.67
USD/JPY	145.75
Commodities @ 08:00
Gold	1,666.25
Silver	19.35
Platinum	896.35
Palladium	2,116.77
WTI	82.84
Brent	89.75

Table 5: Exchange Rates and Commodities 

Local News

Unemployment in Namibia fuels poverty, which makes it impractical for low-income communities to pay off water debts. (Namibian Sun)

The multi-million-dollar state-of-the-art Namibia Financial Assistance Fund headquarter in Eros, an affluent Windhoek suburb has no owner. (New Era Newspaper)

Trevali Mining Corporation is selling its 90% shareholding in the Rosh Pinah Zinc mine (The Namibian)

Sub-Sahara News

Taking another jab at President Cyril Ramaphosa's administration, Thabo Mbeki said the country's current crop of leaders left much to be desired. (News24)

The Federal Reserve on Wednesday raised benchmark interest rates by other three-quarters of a percentage point and indicated it will keep hiking well above the current level. (CNBC Africa)

Rwanda has started administering the Covid-19 vaccine to children aged between five and 11 years and it is expected that over two million children will benefit from the drive countrywide (All Africa News)

International News

Ukraine demanded the United Nations punish Russia for its invasion and strip it of its security council veto as a showdown loomed on Thursday when the U.N. Security Council meets over atrocities committed in Ukraine. (Reuters)

Asian stocks turned in a mixed performance on Thursday, as investors assessed the impact of large interest rate hikes by the Federal Reserve on global growth. (RTT News)

North Korea says it has never supplied weapons to Russia and has no plans to do so, condemning US claims of arms transfers for the Ukraine war as an attempt at “tarnishing” the country’s image (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	2,975,118.00	165,977,438.44	96.98%
ETFs	19,320.00	5,177,075.00	3.02%
Total	2,994,438.00	171,154,513.44	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 165,977,438.44 worth of shares was traded on the NSX on Monday with about N$ 82,304 worth of Anglo-American plc and N$    87,064 worth of Mobile Telecommunications Limited on the home front. ETFs worth N$ 5,177,075.00 were traded on Monday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American’s shares were sold off amid bearish market performance on the overall index
• Shares belonging to Mobile Telecommunications Limited were traded with no change in share price at closing
• New Gold Platinum ETF N & New Gold Issuer Ltd NM continued to be allotted, indicating signs of a hedging instrument, given the current macroeconomic environment.

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	42.50	42.50	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	12.50	10.70	-14.40%
First Rand Namibia	FNB	30.52	30.52	0.00%
Standard Bank Namibia	SNO	4.72	4.72	0.00%
Oryx Limited	ORY	10.27	10.27	0.00%
Letshego	LHN	2.67	2.67	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.99	12.99	0.00%
Mobile Telecommunication Company	MOC	7.01	7.01	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	569.50	562.94	-1.15%
B2Gold Corporation	B2G	58.07	58.68	1.05%
Oceana Group Limited	OCG	53.45	52.90	-1.03%
Mediclinic International Plc	MEP	98.70	98.00	-0.71%
Truworths	TRW	55.62	55.50	-0.22%
Nedbank Group Limited	NBK	209.85	206.36	-1.66%
Standard Bank Group	SNB	143.83	144.51	0.47%
Shoprite Holdings	SRH	219.26	222.25	1.36%
FirstRand Limited	FST	63.32	62.94	-0.60%
Momentum Metropolitan Holdings	MMT	17.50	17.43	-0.40%
Old Mutual Ltd	OMM	10.34	10.59	2.42%
Sanlam Limited	SLA	54.59	54.21	-0.70%
Santam Limited	SNM	250.00	244.07	-2.37%
Vukile Property Fund Limited	VKN	13.62	13.62	0.00%
Investec Limited	IVD	77.67	77.52	-0.19%
PSG Konsult Limited	KFS	10.91	10.76	-1.37%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	275.48	275.88	0.15%
New Gold Palladium ETF	NGNPLD	360.70	366.98	1.74%
New Gold Platinum ETF N	NGNPLT	152.72	157.21	2.94%
New Funds S&P NAM Bond	NFNAMA	17.32	17.48	0.92%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.69
EUR/NAD	17.73
GBP/NAD	20.23
EUR/GBP	0.87
EUR/USD	1.00
GBP/USD	1.16
AUD/USD	0.67
USD/JPY	143.28
Commodities @ 08:00
Gold	1,6758.75
Silver	19.44
Platinum	919.55
Palladium	2,184.77
WTI	85.48
Brent	92.27

Table 5: Exchange Rates and Commodities 

Local News

Despite the Supreme Court agreeing with a High Court ruling against a Communications Regulatory Authority of Namibia (CRAN) increase on telecommunications providers' gross income at the end of last year, an industry battle involving the authority is in court again (Namibian Sun)

The multi-million-dollar state-of-the-art Namibia Financial Assistance Fund headquarter in Eros, an affluent Windhoek suburb has no owner. (New Era Newspaper)

The Walvis Bay municipality has put individual land applications at Farm 37 on hold until further notice (The Namibian)

Sub-Sahara News

South Africa is teetering on the brink of its most severe power cuts yet, just two months after the government announced emergency measures to try to end intermittent outages, prompting President Cyril Ramaphosa to cut short an overseas trip to oversee the response to the crisis. (News24)

South African power utility Eskom implemented Stage 6 power cuts early on Sunday morning, its worst level touched for the second time this year although a “total blackout” was not imminent, its chief executive officer said. (CNBC Africa)

The former president of the Gabonese National Assembly, Guy Nzouba-Ndama, was arrested on Saturday, September 17, with suitcases, filled more than a billion CFA francs, according to the government daily L'Union. Nzouba-Ndama joined the opposition in 2016 after leaving the ruling party. (All Africa News)

International News

A magnitude 7.6 earthquake struck western Mexico on Monday on the anniversary of two devastating temblors, killing at least two people, damaging buildings, knocking out power, and sending residents of Mexico City scrambling outside for safety. (Reuters)

European stocks advanced on Tuesday, with underlying sentiment boosted by M&A talk and hopes for a softer U.S. inflation reading. (RTT News)

The call for action took place as world leaders arrived in New York City for the annual United Nations General Assembly (UNGA) meeting, and two weeks after the UN Human Rights Council found in a landmark report that China had potentially committed “crimes against humanity” in Xinjiang. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,203,736.00	24,271,869.14	93.83%
ETFs	10,500.00	1,596,054.60	6.17%
Total	1,214,236.00	25,867,923.74	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 24,271,869.14 worth of shares was traded on the NSX on Friday with about N$ 231,409 worth of Anglo-American plc and N$   33,572 worth of FirstRand Namibia Ltd on the home front. ETFs worth N$ 1,596,054.60 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American’s stock market performance was bullish in spite of the stock market bearish market behavior  
• Shares belonging to FirstRand Namibia Ltd were subscribed as investor’s confidence arise due to the earnings results last week
• New Gold Platinum ETF N continues to be allotted, indicating signs of a hedging instrument, given the current macroeconomic environment.

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	42.50	42.50	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	12.50	12.50	0.00%
First Rand Namibia	FNB	30.21	30.52	1.03%
Standard Bank Namibia	SNO	4.70	4.72	0.43%
Oryx Limited	ORY	10.27	10.27	0.00%
Letshego	LHN	2.66	2.67	0.38%
Namibia Asset Management	NAM	0.68	0.67	-1.47%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.99	12.99	0.00%
Mobile Telecommunication Company	MOC	7.00	7.01	0.14%
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	565.16	569.50	0.77%
B2Gold Corporation	B2G	59.62	58.07	-2.60%
Oceana Group Limited	OCG	52.06	53.45	2.67%
Mediclinic International Plc	MEP	99.10	98.70	-0.40%
Truworths	TRW	57.17	55.62	-2.71%
Nedbank Group Limited	NBK	213.29	209.85	-1.61%
Standard Bank Group	SNB	147.74	143.83	-2.65%
Shoprite Holdings	SRH	224.38	219.26	-2.28%
FirstRand Limited	FST	65.02	63.32	-2.61%
Momentum Metropolitan Holdings	MMT	17.65	17.50	-0.85%
Old Mutual Ltd	OMM	10.50	10.34	-1.52%
Sanlam Limited	SLA	55.26	54.59	-1.21%
Santam Limited	SNM	250.00	250.00	0.00%
Vukile Property Fund Limited	VKN	13.47	13.62	1.11%
Investec Limited	IVD	77.51	77.67	0.21%
PSG Konsult Limited	KFS	10.88	10.91	0.28%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	273.66	275.48	0.67%
New Gold Palladium ETF	NGNPLD	366.46	360.70	-1.57%
New Gold Platinum ETF N	NGNPLT	154.51	152.72	-1.16%
New Funds S&P NAM Bond	NFNAMA	17.29	17.32	0.17%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.68
EUR/NAD	17.65
GBP/NAD	20.15
EUR/GBP	0.87
EUR/USD	0.99
GBP/USD	1.16
AUD/USD	0.66
USD/JPY	143.27
Commodities @ 08:00
Gold	1,675.60
Silver	19.41
Platinum	903.40
Palladium	2,115.27
WTI	84.89
Brent	91.69

Table 5: Exchange Rates and Commodities 

Local News

For five days, volunteers firefighters alongside law enforcements officials tirelessly fought to get one of the country’s toughest blazes under control (Namibian Sun)

The Ministry of Agriculture, Water, and Land Reform recently procured drilling rigs in an effort to expedite water provision to rural communities  (New Era Newspaper)

NAMDIA and the Dubai-based company, Samir Gems, on Thursday evening unveiled the first diamond that will go to the market with an identity mark  (The Namibian)

Sub-Sahara News

South Africa is facing a risk of an unprecedented level of load shedding this week after units at two of its coal-fired power plants broke down. (News24)

The World Bank says it will fund the decommissioning of Eskom’s Komati power station with about $500 million as part of a package to help South Africa’s plans to wean off coal, move to clean energy, and address its current energy crises. (CNBC Africa)

The risk of nuclear war is at its highest in decades, and nuclear-armed states are confirming what African states have known for decades: that there is no rational explanation for the need for nuclear weapons, and these inhumane weapons of mass destruction are dangerous in the hands of any nation. (All Africa News)

International News

Britain, world leaders, and royalty from across the globe will on Monday bid a final farewell to Queen Elizabeth, the last towering figure of her era, at a state funeral of inimitable pageantry. (Reuters)

European stock markets are expected to open on a positive note on Monday amidst an improved risk-on sentiment globally. Markets are expected to price in the anticipated decline in consumer price inflation in the U.S. in August to 8.1 percent, from 8.5 percent in the month of July, rejuvenating hopes of a pause in aggressive central bank monetary policy action (RTT News)

Britain is preparing to bid a final farewell to Queen Elizabeth II in a grand state funeral, with dozens of world leaders and royalty from Europe to Lesotho and Japan to be among the 2,000 people attending the funeral at Westminster Abbey in central London. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	5,852,409.00	246,367,695.21	98.41%
ETFs	26,100.00	3,988,228.77	1.59%
Total	5,878,509.00	250,355,923.98	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 246,367,695.21 worth of shares was traded on the NSX on Thursday with about N$ 1,305,845 worth of Anglo-American plc and N$   6,371,652 worth of FirstRand Namibia Ltd on the home front. ETFs worth N$ 3,988,228.77 were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American plc decreased at closing as the local market closed in negative territory as markets are down for three days
• Shares belonging to FirstRand Namibia Ltd were traded without a change in share price
• New Gold Platinum ETF N was allotted by market participants resulting in the share price increasing at closing

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	42.50	42.50	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	13.00	12.50	-3.85%
First Rand Namibia	FNB	30.21	30.21	0.00%
Standard Bank Namibia	SNO	4.70	4.70	0.00%
Oryx Limited	ORY	10.27	10.27	0.00%
Letshego	LHN	2.66	2.66	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	12.99	12.99	0.00%
Mobile Telecommunication Company	MOC	7.00	7.00	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	578.48	565.16	-2.30%
B2Gold Corporation	B2G	59.04	59.62	0.98%
Oceana Group Limited	OCG	53.00	52.06	-1.77%
Mediclinic International Plc	MEP	99.65	99.10	-0.55%
Truworths	TRW	58.06	57.17	-1.53%
Nedbank Group Limited	NBK	211.59	213.29	0.80%
Standard Bank Group	SNB	145.62	147.74	1.46%
Shoprite Holdings	SRH	226.69	224.38	-1.02%
FirstRand Limited	FST	64.39	65.02	0.98%
Momentum Metropolitan Holdings	MMT	17.50	17.65	0.86%
Old Mutual Ltd	OMM	10.74	10.50	-2.23%
Sanlam Limited	SLA	54.86	55.26	0.73%
Santam Limited	SNM	246.94	250.00	1.24%
Vukile Property Fund Limited	VKN	13.27	13.47	1.51%
Investec Limited	IVD	77.95	77.51	-0.56%
PSG Konsult Limited	KFS	10.83	10.88	0.46%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	277.43	273.66	-1.36%
New Gold Palladium ETF	NGNPLD	361.48	366.46	1.38%
New Gold Platinum ETF N	NGNPLT	152.82	154.51	1.11%
New Funds S&P NAM Bond	NFNAMA	17.33	17.29	-0.23%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.59
EUR/NAD	17.56
GBP/NAD	20.12
EUR/GBP	0.87
EUR/USD	0.99
GBP/USD	1.16
AUD/USD	0.67
USD/JPY	143.60
Commodities @ 08:00
Gold	1,672.00
Silver	19.05
Platinum	898.35
Palladium	2,138.27
WTI	85.53
Brent	91.34

Table 5: Exchange Rates and Commodities 

Local News

Pupkewitz Nissan was recently announced as the top-selling Navara dealership out of 117 peers across SADC (Namibian Sun)

MTC yesterday unveiled MTC Credit Life, which is a new insurance product to provide credit life cover to MTC post-paid customers.  (New Era Newspaper)

The Namibian government, through its Land Acquisition and Development Fund, bought land worth over N$700 million.  (The Namibian)

Sub-Sahara News

FirstRand is slower to lend than others - it now expects 'risky' loans will bite competitors. (News24)

Zambia’s international bondholders have criticized the International Monetary Fund’s debt restructuring framework as “arbitrary” and for excluding the country’s domestic debt, sources involved in the process have told Reuters. (CNBC Africa)

According to a study by The Lancet, the global response to the Covid-19 epidemic has been nothing short of a massive failure. (All Africa News)

International News

China's economy showed surprising resilience in August, with faster-than-expected growth in factory output and retail sales shoring up a fragile recovery, but a deepening property slump weighed on the outlook. (Reuters)

European stocks were sharply higher on Friday, a day after the European Central Bank (ECB) raised interest rates by a record 75 basis points and signaled further hikes to tame runaway inflation. (RTT News)

Iranian President Ebrahim Raisi has said that US sanctions must be lifted to reach a nuclear agreement, and there must be guarantees established to ensure their “lasting removal”. (Aljazeera News)