Category: Reports

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	21,363.00	2,679,116.80	100.00%
ETFs	-	-	0.00%
Total	21,363.00	2,679,116.80	100.00%

NSX Activities

A total of N$ 2,679,116.80 worth of shares was traded on the NSX on Thursday with about N$ 189,721 worth of shares belonging to Shoprite Holdings and N$ 25,000 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Thursday.

HEI Market Commentary

From the trading activity that took place:

• Market participants bought shares belonging to Shoprite following the 52-week earnings release, resulting in the company's stock value experienced an increase of 0.6% at the closing.
• FirstRand Namibia’s shares were traded by market participants, resulting in 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	36.80	36.80	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	15.00	14.99	-0.07%
First Rand Namibia	FNB	50.00	50.00	0.00%
Standard Bank Namibia	SNO	6.50	6.50	0.00%
Oryx Limited	ORY	11.30	11.30	0.00%
Letshego	LHN	3.95	3.95	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	562.21	557.00	-0.93%
B2Gold Corporation	B2G	64.31	64.12	-0.30%
Oceana Group Limited	OCG	68.37	68.43	0.09%
Truworths	TRW	66.05	68.93	4.36%
Nedbank Group Limited	NBK	231.40	236.00	1.99%
Standard Bank Group	SNB	188.22	192.12	2.07%
Shoprite Holdings	SRH	252.36	253.85	0.59%
Firstrand Limited	FST	71.58	72.33	1.05%
Momentum Metropolitan Holdings	MMT	18.54	18.83	1.56%
Old Mutual Ltd	OMM	12.70	12.85	1.18%
Sanlam Limited	SLA	64.22	65.94	2.68%
Santam Limited	SNM	298.50	297.65	-0.28%
Vukile Property Fund Limited	VKN	13.02	13.17	1.15%
Investec Limited	IVD	110.75	113.75	2.71%
PSG Konsult Limited	KFS	14.31	14.50	1.33%

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	323.87	320.82	-0.94%
New Gold Palladium ETF	NGNPLD	213.69	210.37	-1.55%
New Gold Platinum ETF N	NGNPLT	163.49	160.18	-2.02%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.42	19.52	0.51%

Exchange Rates @ 07:00
USD/NAD	17.79
EUR/NAD	19.53
GBP/NAD	22.76
EUR/GBP	0.85
EUR/USD	1.09
GBP/USD	1.27
AUD/USD	0.66
USD/JPY	139.02
Commodities @ 07:00
Gold	1,950.15
Silver	24.35
Platinum	947.80
Palladium	1,232.28
WTI	79.91
Brent	83.56

Local News

Shaking in its boots, a Chinese construction company has approached the High Court seeking a reversal of N$33 million from the Namibia Revenue Agency (NamRA). (Sun Newspaper)

The Anti-Corruption Commission has come under renewed scrutiny after seemingly clearing two prominent public figures of maleficence recently. (New Era Newspaper)

Namibia is a free state, therefore, there is no need for Namibians to flee to the United Kingdom, international relations executive director Penda Naanda says. (The Namibian Newspaper)

Sub-Sahara News

Port of Rotterdam and Koninklijke Vopak have been asked to submit construction and funding plans for a R50-billion port and associated rail links to ship commodities including hydrogen and its derivatives from northwest South Africa, people familiar with the talks said. (News24)

Representatives from various African and Caribbean entities joined forces at a historic event this week in the capital of Barbados, Bridgetown, to demand reparations for slavery and its legacy in today’s society. (CNBC Africa)

"Global food systems are broken - and billions of people are paying the price," according to UN Secretary-General António Guterres. (AllAfrica News)

International News

The Bank of Japan made its yield curve control policy more flexible and loosened its defense of a long-term interest rate cap on Friday, in moves seen by investors as a prelude to an eventual shift away from massive monetary stimulus. (Reuters News)

Asian stocks ended on a muted note Friday as fresh U.S. labor market data spurred concerns that the Federal Reserve will keep interest rates higher for longer to rein inflation. (RTT News)

The situation in Niger “remains fluid” a day after mutinous soldiers detained toppled President Mohamed Bazoum and announced they had seized power in a coup because of the West African country’s deteriorating security situation. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	831,522.00	36,703,272.25	100.00%
ETFs	-	-	0.00%
Total	831,522.00	36,703,272.25	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 36,703,272.25 worth of shares was traded on the NSX on Wednesday with about N$ 13,350,997 worth of shares belonging to Oceana Group Limited and N$152,750 worth of shares belonging to FirstRand Namibia Ltd.  No ETFs were traded on Wednesday.

HEI Market Commentary

From the trading activity that took place:

• Share belonging to Oceana Group were traded by market participants, resulting in no change in the company's stock value at closing
• FirstRand Namibia’s shares were traded by market participants, resulting in a slight uptick in share price from N$49.00 to N$50.00 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	14.70	14.70	0.00%
First Rand Namibia	FNB	50.00	50.00	0.00%
Standard Bank Namibia	SNO	6.50	6.50	0.00%
Oryx Limited	ORY	11.30	11.30	0.00%
Letshego	LHN	3.85	3.85	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	7.50	7.50	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	8.99	8.99	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	537.35	531.15	-1.15%
B2Gold Corporation	B2G	65.86	67.72	2.82%
Oceana Group Limited	OCG	69.00	69.00	0.00%
Truworths	TRW	59.90	60.10	0.33%
Nedbank Group Limited	NBK	226.28	225.51	-0.34%
Standard Bank Group	SNB	185.80	185.35	-0.24%
Shoprite Holdings	SRH	239.19	237.53	-0.69%
Firstrand Limited	FST	70.81	70.60	-0.30%
Momentum Metropolitan Holdings	MMT	18.47	18.39	-0.43%
Old Mutual Ltd	OMM	12.58	12.62	0.32%
Sanlam Limited	SLA	63.40	63.78	0.60%
Santam Limited	SNM	293.00	294.00	0.34%
Vukile Property Fund Limited	VKN	12.27	12.40	1.06%
Investec Limited	IVD	109.58	111.82	2.04%
PSG Konsult Limited	KFS	13.50	13.76	1.93%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	329.59	328.78	-0.25%
New Gold Palladium ETF	NGNPLD	225.81	227.00	0.53%
New Gold Platinum ETF N	NGNPLT	168.91	170.11	0.71%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.35	19.11	-1.24%

Table 4: ETFs

Exchange Rates @ 07:00
USD/NAD	17.86
EUR/NAD	20.03
GBP/NAD	23.09
EUR/GBP	0.86
EUR/USD	1.12
GBP/USD	1.29
AUD/USD	0.68
USD/JPY	139.59
Commodities @ 07:00
Gold	1,983.55
Silver	25.32
Platinum	979.15
Palladium	1,297.28
WTI	75.24
Brent	79.41

Table 5: Exchange Rates and Commodities 

Local News

Experts have called for a summary of the feasibility and implementation agreement between Hyphen Hydrogen Energy and government, with Popular Democratic Movement (PDM) leader McHenry Venani. (Sun Newspaper)

Airlink, Southern Africa’s independent and privately-owned regional airline, recently unveiled a distinctive special-liveried new addition to its fleet. The newly acquired Embraer E195 jetliner, which now sports a classy jet-black paint scheme, last week debuted on a test flight at OR Tambo International Airport and will soon operate on Airlink’s main domestic and regional trunk services. (New Era Newspaper)

The Henley Passport Index is the original, authoritative ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. (The Namibian Newspaper)

Sub-Sahara News

The steelmaker's earnings plunge reflects wider turmoil in the manufacturing as a result of poor growth and Stage 6 load shedding. (News24)

Fears about artificial intelligence-powered technologies and tools taking over work currently done by humans have intensified since ChatGPT went viral late last year (CNBC Africa)

Egoli Gas has denied early reports that the massive explosion in the Johannesburg inner city on Wednesday was caused by a gas leak. (AllAfrica News)

International News

Hundreds of protesters stormed the Swedish embassy in central Baghdad in the early hours of Thursday morning, scaling its walls and setting it on fire in protest against the expected burning of a Koran in Sweden. (Reuters News)

Asian stocks followed Wall Street higher on Thursday, as tamer-than-expected U.S. inflation data bolstered hopes of the Federal Reserve nearing the end of its tightening campaign. (RTT News)

Israeli forces have shot a Palestinian dead and injured at least four others – two in serious condition – in the occupied West Bank city of Nablus, the Palestinian health ministry and the Red Crescent said. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,694,142.00	131,108,667.84	87.41%
ETFs	57,548.00	18,887,862.12	12.59%
Total	1,751,690.00	149,996,529.96	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$131,108,667.84 worth of shares was traded on the NSX on Tuesday with about N$2,433,603 worth of shares belonging to Anglo-American plc and N$ 97,453 worth of shares belonging to Namibia Breweries. ETFs worth N$ 18,887,862.12 were traded on Tuesday.

HEI Market Commentary

From the trading activity that took place:

• Share belonging to Anglo-American continues to be sold-off by market participants as commodity prices declines, resulting in a decline of 1.2% in the company's stock value at closing
• Namibia Breweries’ shares were traded by market participants, resulting in 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	36.80	36.80	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	14.70	14.70	0.00%
First Rand Namibia	FNB	50.00	49.99	-0.02%
Standard Bank Namibia	SNO	6.50	6.50	0.00%
Oryx Limited	ORY	11.30	11.30	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	7.50	7.08	-5.60%
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	544.00	537.35	-1.22%
B2Gold Corporation	B2G	65.85	65.86	0.02%
Oceana Group Limited	OCG	69.27	69.00	-0.39%
Truworths	TRW	60.32	59.90	-0.70%
Nedbank Group Limited	NBK	224.00	226.28	1.02%
Standard Bank Group	SNB	185.32	185.80	0.26%
Shoprite Holdings	SRH	239.16	239.19	0.01%
Firstrand Limited	FST	70.32	70.81	0.70%
Momentum Metropolitan Holdings	MMT	18.46	18.47	0.05%
Old Mutual Ltd	OMM	12.50	12.58	0.64%
Sanlam Limited	SLA	62.45	63.40	1.52%
Santam Limited	SNM	292.70	293.00	0.10%
Vukile Property Fund Limited	VKN	12.27	12.27	0.00%
Investec Limited	IVD	110.00	109.58	-0.38%
PSG Konsult Limited	KFS	13.51	13.50	-0.07%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	329.01	328.78	-0.07%
New Gold Palladium ETF	NGNPLD	225.59	227.00	0.63%
New Gold Platinum ETF N	NGNPLT	169.97	170.11	0.08%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.07	19.11	0.21%

Table 4: ETFs

Exchange Rates @ 07:00
USD/NAD	17.87
EUR/NAD	20.05
GBP/NAD	23.14
EUR/GBP	0.86
EUR/USD	1.12
GBP/USD	1.29
AUD/USD	0.67
USD/JPY	139.40
Commodities @ 07:00
Gold	1,979.30
Silver	25.15
Platinum	992.15
Palladium	1,307.53
WTI	75.53
Brent	79.64

Table 5: Exchange Rates and Commodities 

Local News

The Namibia Tourism Board (NTB) recently wrapped up its 2023 China roadshow themed “Space & Time”, which was successfully staged in Beijing, Shenzhen and Shanghai. (Sun Newspaper)

After spending N$189 million on its construction, a further N$51 million is needed to revive the Zambezi Waterfront Tourism Park, which has not been operational for nearly seven years. (New Era Newspaper)

The faction of the Ovaherero Traditional Authority (OTA) led by chief Mutjinde Katjiua has raised concerns over mining activities in their jurisdiction being executed with minimal benefits to the community (The Namibian Newspaper)

Sub-Sahara News

Shares in SA's biggest steelmaker Arcelor Mittal crashed by 43% on Tuesday afternoon, wiping out about R1.7 billion in shareholder value. (News24)

Nearly half of the projects awarded under the re-launch of South Africa’s renewable power purchase programme have failed, two government sources told Reuters, undermining plans to use wind and solar to ease the nation’s power crisis. (CNBC Africa)

Women's empowerment is like a pebble dropped in a pond. The ripples it creates spread far and wide, benefiting everyone in society. (AllAfrica News)

International News

The U.S. military was scrambling to establish the fate of an American soldier who made an unauthorised crossing of the inter-Korean border into North Korea, throwing Washington into a new crisis in its dealing with the nuclear-armed state. (Reuters News)

Asian stocks ended mixed on Wednesday as investors awaited U.S. consumer inflation data that could provide more clarity on the Federal Reserve's monetary policy plans (RTT News)

For the first time since the 1980s, the United States has deployed a nuclear-armed ballistic missile submarine (SSBN) to South Korea, as the allies launched talks to coordinate their responses in the event of a nuclear war with North Korea. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	2,476,736.00	159,103,250.43	100.00%
ETFs	-	-	0.00%
Total	2,476,736.00	159,103,250.43	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 159,103,250.43 worth of shares was traded on the NSX on Monday with about N$2,320,668 worth of shares belonging to Anglo-American plc and N$ 721,280 worth of shares belonging to Namibia Breweries. No ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

• Share belonging to Anglo-American continues to be  sold-off by market participants as China’s weak economic data deteriorates commodity prices, resulting in a decline of 2.4% in the company's stock value at closing
• Namibia Breweries’ shares were traded by market participants, resulting in 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	36.80	36.80	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	14.70	14.70	0.00%
First Rand Namibia	FNB	50.00	50.00	0.00%
Standard Bank Namibia	SNO	6.50	6.50	0.00%
Oryx Limited	ORY	11.30	11.30	0.00%
Letshego	LHN	3.85	3.85	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	7.50	7.50	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	557.25	544.00	-2.38%
B2Gold Corporation	B2G	67.74	65.85	-2.79%
Oceana Group Limited	OCG	68.37	69.27	1.32%
Truworths	TRW	59.99	60.32	0.55%
Nedbank Group Limited	NBK	223.11	224.00	0.40%
Standard Bank Group	SNB	183.57	185.32	0.95%
Shoprite Holdings	SRH	238.04	239.16	0.47%
Firstrand Limited	FST	69.86	70.32	0.66%
Momentum Metropolitan Holdings	MMT	18.57	18.46	-0.59%
Old Mutual Ltd	OMM	12.53	12.50	-0.24%
Sanlam Limited	SLA	63.10	62.45	-1.03%
Santam Limited	SNM	287.84	292.70	1.69%
Vukile Property Fund Limited	VKN	12.09	12.27	1.49%
Investec Limited	IVD	108.41	110.00	1.47%
PSG Konsult Limited	KFS	13.62	13.51	-0.81%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	330.38	329.01	-0.41%
New Gold Palladium ETF	NGNPLD	221.01	225.59	2.07%
New Gold Platinum ETF N	NGNPLT	169.89	169.97	0.05%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.07	19.07	0.00%

Table 4: ETFs

Exchange Rates @ 07:00
USD/NAD	18.01
EUR/NAD	20.26
GBP/NAD	23.56
EUR/GBP	0.85
EUR/USD	1.12
GBP/USD	1.30
AUD/USD	0.68
USD/JPY	138.49
Commodities @ 07:00
Gold	1,961.65
Silver	25.07
Platinum	992.10
Palladium	1,292.53
WTI	74.21
Brent	78.58

Table 5: Exchange Rates and Commodities 

Local News

Mines minister Tom Alweendo says Namibia should be allowed to develop its lithium resources locally, despite suggestions that it could be contravening World Trade Organisation (WTO) threats. (Sun Newspaper)

The Chief executive officer of the Namibia Investment Promotion and Development Board (NIPDB), Nangula Uaandja, says Namibia is the land of many and endless opportunities and is ready to welcome numerous investments. (New Era Newspaper)

Former presidential economic adviser and incoming chief executive officer (CEO) of the Development Bank of Namibia, John Steytler, has called for the immediate removal of underperforming chief executive officers and board members from state-owned enterprises. (The Namibian Newspaper)

Sub-Sahara News

Momentum Health Solutions says the state won't need to raise additional taxes to fund the primary care rollout of NHI if it allows the private sector to expand to low-income demographics. (News24)

The International Monetary Fund’s executive board has approved a $271 million Extended Credit Facility for Burundi, with an immediate disbursement of over $62 million, the IMF said in a statement late on Monday. (CNBC Africa)

UN Secretary-General António Guterres said on Monday that he deeply regrets Russia's decision to terminate the Black Sea Initiative, in effect ending a "lifeline" for hundreds of millions worldwide facing hunger and spiralling food costs. (AllAfrica News)

International News

Soaring summer temperatures across southern Europe could prompt a lasting shift in tourist habits, with more travellers choosing cooler destinations or taking their holidays in spring or autumn to dodge the extreme heat, tourism bodies and experts predict. (Reuters News)

Asian stocks advanced on Tuesday, the dollar dipped and U.S. Treasury yields drifted lower after comments from several Fed officials suggested the U.S. central bank is nearing the end of its rate-hiking cycle (RTT News)

Russia has launched air attacks on targets in southern and eastern Ukraine using drones and possibly ballistic missiles, Ukraine’s air force said. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	4,969,579.00	178,315,889.08	100.00%
ETFs	-	-	0.00%
Total	4,969,579.00	178,315,889.08	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 178,315,889.08 worth of shares was traded on the NSX on Friday with about N$ 504,067 worth of shares belonging to Anglo-American plc and N$ 13,080,470 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

• Share belonging to Anglo-American were sold-off by market participants as China’s weak economic data deteriorates commodity prices, resulting in a decline of 0.5% in the company's stock value at closing
• FirstRand Namibia’s shares were dumped by market participants, resulting in a decline of 0.8% 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	14.65	14.70	0.34%
First Rand Namibia	FNB	50.40	50.00	-0.79%
Standard Bank Namibia	SNO	6.50	6.50	0.00%
Oryx Limited	ORY	11.30	11.30	0.00%
Letshego	LHN	3.85	3.85	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	7.50	7.50	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	559.80	557.25	-0.46%
B2Gold Corporation	B2G	68.72	67.74	-1.43%
Oceana Group Limited	OCG	69.25	68.37	-1.27%
Truworths	TRW	59.98	59.99	0.02%
Nedbank Group Limited	NBK	224.61	223.11	-0.67%
Standard Bank Group	SNB	183.63	183.57	-0.03%
Shoprite Holdings	SRH	238.60	238.04	-0.23%
Firstrand Limited	FST	69.84	69.86	0.03%
Momentum Metropolitan Holdings	MMT	18.49	18.57	0.43%
Old Mutual Ltd	OMM	12.49	12.53	0.32%
Sanlam Limited	SLA	62.90	63.10	0.32%
Santam Limited	SNM	290.00	287.84	-0.74%
Vukile Property Fund Limited	VKN	12.07	12.09	0.17%
Investec Limited	IVD	107.23	108.41	1.10%
PSG Konsult Limited	KFS	13.51	13.62	0.81%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	327.30	330.38	0.94%
New Gold Palladium ETF	NGNPLD	223.44	221.01	-1.09%
New Gold Platinum ETF N	NGNPLT	168.05	169.89	1.09%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.07	19.07	0.00%

Table 4: ETFs

Exchange Rates @ 07:00
USD/NAD	18.08
EUR/NAD	20.31
GBP/NAD	23.65
EUR/GBP	0.85
EUR/USD	1.12
GBP/USD	1.30
AUD/USD	0.68
USD/JPY	138.45
Commodities @ 07:00
Gold	1,957
Silver	25.01
Platinum	975.00
Palladium	1,256.78
WTI	74.25
Brent	88.75

Table 5: Exchange Rates and Commodities 

Local News

Parliament is among key state institutions claiming to be in the dark about the biggest investment in the country's history. (Sun Newspaper)

Parliamentarian Henny Seibeb has accused ministers of turning parastatals into cash cows to foot their globetrotting desires through subsistence and travel allowances. (New Era Newspaper)

In an attempt to preserve jobs and maintain effective refuse management, the Swakopmund municipal council recently agreed to the continuation of an agreement with waste management company Rent-a-Drum. (The Namibian Newspaper)

Sub-Sahara News

Richemont reported higher first-quarter sales as a rebound in China outweighed a decline in the Americas. (News24)

Sub-Saharan Africa’s gaming industry is expected to generate over $1 billion for the first time in 2024. (CNBC Africa)

The 194 Member States of the World Health Organization (WHO) are currently negotiating the first pandemic accord (AllAfrica News)

International News

China's economy grew at a frail pace in the second quarter as demand weakens at home and abroad, with the post-COVID momentum faltering rapidly and raising pressure on policymakers to deliver more stimulus to shore up activity. (Reuters News)

Asian stocks ended Monday's session on a mixed note after data showed China's economy teetered on the brink of deflation in June, adding to the case for policymakers to launch more stimulus to boost growth. (RTT News)

A United Nations and Turkey-brokered pact that allowed the export of Ukrainian grain via the Black Sea is set to expire on Monday if Russia does not agree to extend it. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	7,204,852.00	345,477,750.13	100.00%
ETFs	-	-	0.00%
Total	7,204,852.00	345,477,750.13	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 345,477,750.13 worth of shares was traded on the NSX on Monday with about N$ 23,154,213 value of shares belonging to Anglo-American plc. No trades on the domestic market and ETFs were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

• Share belonging to Anglo-American recovers slightly, as the stock market rally slowly starts to morph into commodities, resulting in an increase of 3.1% in the company's stock value 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	14.65	14.65	0.00%
First Rand Namibia	FNB	50.39	50.39	0.00%
Standard Bank Namibia	SNO	6.50	6.50	0.00%
Oryx Limited	ORY	11.00	11.00	0.00%
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	537.22	554.10	3.14%
B2Gold Corporation	B2G	65.52	71.36	8.91%
Oceana Group Limited	OCG	70.50	71.36	1.22%
Truworths	TRW	56.60	56.86	0.46%
Nedbank Group Limited	NBK	228.58	227.74	-0.37%
Standard Bank Group	SNB	177.55	177.00	-0.31%
Shoprite Holdings	SRH	225.60	226.23	0.28%
Firstrand Limited	FST	68.50	68.64	0.20%
Momentum Metropolitan Holdings	MMT	18.06	18.13	0.39%
Old Mutual Ltd	OMM	12.12	12.10	-0.17%
Sanlam Limited	SLA	58.35	58.35	0.00%
Santam Limited	SNM	289.00	292.25	1.12%
Vukile Property Fund Limited	VKN	12.54	12.48	-0.48%
Investec Limited	IVD	106.02	107.35	1.25%
PSG Konsult Limited	KFS	13.20	13.35	1.14%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	336.54	336.35	-0.06%
New Gold Palladium ETF	NGNPLD	226.19	226.62	0.19%
New Gold Platinum ETF N	NGNPLT	164.08	164.79	0.43%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.13	19.13	0.00%

Table 4: ETFs

Exchange Rates @ 07:00
USD/NAD	18.76
EUR/NAD	20.46
GBP/NAD	23.81
EUR/GBP	0.85
EUR/USD	1.09
GBP/USD	1.26
AUD/USD	0.66
USD/JPY	144.61
Commodities @ 07:00
Gold	1,930.40
Silver	23.12
Platinum	920.50
Palladium	1,248.53
WTI	70.27
Brent	75.11

Table 5: Exchange Rates and Commodities 

Local News

Mines Minister Tom Alweendo yesterday morning announced the new members of the Diamond Board of Namibia. (Sun Newspaper)

The Ministry of Mines and Energy has announced that fuel prices will remain unchanged for the month of July. (New Era Newspaper)

As Botswana and the De Beers Group reached a mutually beneficial 50/50 diamond deal, the Namibian Government is preparing for a possible change in its collaboration with the diamond company. (The Namibian Newspaper)

Sub-Sahara News

SA's largest food producer, Tiger Brands, has welcomed a high court ruling against a transport company that allegedly swindled it out of R121 million over five years by submitting around 60 fake invoices. (News24)

Mozambique’s blockbuster lawsuit against Credit Suisse UBSG.S and others over the $2 billion “tuna bond” scandal can proceed to trial, a London judge ruled on Monday, despite complaints that the African nation has failed to fully disclose documents. (CNBC Africa)

Media reports have revealed how people-smuggling gangs are using the Thursday, June 29, decision by the United Kingdom's Court of Appeal which, among others, ruled that Rwanda is not a safe destination for asylum seekers and refugees. (AllAfrica News)

International News

Israeli forces hit the city of Jenin with drone strikes on Monday in one of the biggest West Bank operations in 20 years, killing at least eight Palestinians and involving hundreds of troops in sporadic gun battles that continued into the evening. (Reuters News)

Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, with traders remaining cautious amid concerns about tighter monetary policies and the impact of higher rates on economic growth, (RTT News)

China has announced it will restrict exports of rare metals used to manufacture semiconductors due to national security concerns. (Aljazeera News)