Reports – Page 5

NSX DAILY UPDATES (15 NOVEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	309,886.00	10,105,620.04	100.00%
ETFs	-	-	0.00%
Total	309,886.00	10,105,620.04	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$10,105,620.04 worth of shares was traded on the NSX on Wednesday with about N$ 2,371,770 worth of shares belonging to Anglo-American plc and N$ 35,700 worth of shares belonging to Capricorn Group Limited. No ETFs were traded on Wednesday.

HEI Market Commentary

From the trading activity that took place:

Market participants bought shares belonging to Anglo-American resulting in an increase in the company's stock value by 1.3% at closing.
Capricorn Group shares were traded by market participants, resulting in an increase in share price by 3.03% at closing

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	31.99	31.99	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.50	17.00	3.03%
First Rand Namibia	FNB	49.99	50.00	0.02%
Standard Bank Namibia	SNO	8.45	8.45	0.00%
Oryx Limited	ORY	12.43	12.43	0.00%
Letshego	LHN	3.90	3.90	0.00%
Namibia Asset Management	NAME	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.72	12.72	0.00%
Mobile Telecommunication Company	MOC	8.10	7.19	-11.23%
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	492.35	498.67	1.28%
B2Gold Corporation	B2G	55.25	55.87	1.12%
Oceana Group Limited	OCG	65.25	65.67	0.64%
Truworths	TRW	80.24	81.76	1.89%
Nedbank Group Limited	NBK	210.77	217.90	3.38%
Standard Bank Group	SNB	195.41	199.36	2.02%
Shoprite Holdings	SRH	252.88	251.51	-0.54%
Firstrand Limited	FST	64.99	67.13	3.29%
Momentum Metropolitan Holdings	MMT	21.82	22.00	0.82%
Old Mutual Ltd	OMM	12.25	12.41	1.31%
Sanlam Limited	SLA	69.68	71.45	2.54%
Santam Limited	SNM	278.00	274.04	-1.42%
Vukile Property Fund Limited	VKN	13.47	13.68	1.56%
Investec Limited	IVD	116.22	118.46	1.93%
PSG Konsult Limited	KFS	14.80	15.08	1.89%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	336.21	332.54	-1.09%
New Gold Palladium ETF	NGNPLD	171.01	176.74	3.35%
New Gold Platinum ETF N	NGNPLT	156.00	157.45	0.93%
Satrix S&P Namibia Bond ETF)	SXNNAM	20.05	20.05	0.00%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	18.26
EUR/NAD	19.79
GBP/NAD	22.63
EUR/GBP	0.87
EUR/USD	1.08
GBP/USD	1.23
AUD/USD	0.64
USD/JPY	151.28
Commodities @ 07:00
Gold	1,964.45
Silver	23.45
Platinum	898.70
Palladium	1,030.03
WTI	76.08
Brent	80.56

Table 5: Exchange Rates and Commodities

Local News

City of Windhoek CEO Moses Matyayi has hit back at the Electricity Control Board (ECB) over its “unrealistic” plans to create a regional electricity distributor (RED) for the city of Windhoek. (Sun Newspaper)

Khomas regional health authorities have recorded a significant increase in diabetes figures - from 6 403 in 2022 to 10,802 for the 2023 period at public hospitals around the region. (New Era Newspaper)

Environmentalists have strongly cautioned against a proposed plan that intends to construct a green hydrogen pipeline from Namibia’s Kunene region to Boegoebaai in South Africa’s Northern Cape province. (The Namibian Newspaper)

Sub-Sahara News

Former top cop Brigadier Jap Burger has testified that methods of "psychological warfare" was proposed by detectives involved in former Eskom CEO André de Ruyter's private investigation into organised crime at Eskom... (News24)

Ghana’s finance minister said on Wednesday in a budget speech that the economy was getting back on track, pointing to a smaller budget deficit than targeted so far this year and higher economic growth than last year. (CNBC Africa)

The UK Supreme Court has declared the UK government's policy of sending certain asylum seekers to Rwanda illegal. (AllAfrica News)

International News

U.S. President Joe Biden and Chinese leader Xi Jinping agreed on Wednesday to open a presidential hotline, resume military-to-military communications, and work to curb fentanyl production, showing tangible progress in their first face-to-face talks in a year. (Reuters News)

European stocks may open flat to slightly lower on Thursday as investors fret over the trajectory of the U.S. economy and the outlook for rates… (RTT News)

The mounting death toll in Gaza has seen Turkish politicians, especially President Recep Tayyip Erdogan, become increasingly direct in their criticism of Israel... (Aljazeera News)

NSX DAILY UPDATE (09 NOVEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,923,818.00	24,269,358.73	99.07%
ETFs	675.00	227,031.12	0.93%
Total	1,924,493.00	24,496,389.85	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 24,269,358.73 worth of shares was traded on the NSX on Thursday with about N$ 99,903 worth of shares belonging to Anglo-American plc and N$11,287,687 worth of shares belonging to SBN Holdings Ltd. ETFs worth N$ 227,031.12 were traded on Thursday.

HEI Market Commentary

From the trading activity that took place:

Market participants sold shares belonging to Anglo-American resulting in a decrease in the company's stock value by 1.57% at closing.
SBN Holdings shares were traded by market participants, resulting in an incline in share price by 6.83% at closing
New Gold Issuer Ltd NM ETF positions were subscribed by market participants

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	32.00	31.99	-0.03%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.50	16.50	0.00%
First Rand Namibia	FNB	49.99	49.99	0.00%
Standard Bank Namibia	SNO	7.91	8.45	6.83%
Oryx Limited	ORY	12.44	12.44	0.00%
Letshego	LHN	3.90	3.90	0.00%
Namibia Asset Management	NAME	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.72	12.72	0.00%
Mobile Telecommunication Company	MOC	7.19	7.20	0.14%
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	484.49	476.86	-1.57%
B2Gold Corporation	B2G	59.49	57.18	-3.88%
Oceana Group Limited	OCG	67.88	65.32	-3.77%
Truworths	TRW	78.28	75.34	-3.76%
Nedbank Group Limited	NBK	209.37	207.48	-0.90%
Standard Bank Group	SNB	191.21	191.58	0.19%
Shoprite Holdings	SRH	249.61	246.50	-1.25%
Firstrand Limited	FST	62.99	63.08	0.14%
Momentum Metropolitan Holdings	MMT	21.87	21.78	-0.41%
Old Mutual Ltd	OMM	12.03	12.04	0.08%
Sanlam Limited	SLA	68.53	68.97	0.64%
Santam Limited	SNM	281.41	277.24	-1.48%
Vukile Property Fund Limited	VKN	13.14	13.06	-0.61%
Investec Limited	IVD	112.18	112.79	0.54%
PSG Konsult Limited	KFS	14.78	14.80	0.14%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	337.31	337.70	0.12%
New Gold Palladium ETF	NGNPLD	185.47	182.60	-1.55%
New Gold Platinum ETF N	NGNPLT	155.84	155.09	-0.48%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.83	19.88	0.25%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	18.65
EUR/NAD	19.90
GBP/NAD	22.81
EUR/GBP	0.87
EUR/USD	1.06
GBP/USD	1.22
AUD/USD	0.63
USD/JPY	151.39
Commodities @ 07:00
Gold	1,960.65
Silver	22.72
Platinum	860.55
Palladium	977.00
WTI	76.03
Brent	80.38

Table 5: Exchange Rates and Commodities

Local News

Prime Minister Saara Kuugongelwa-Amadhila says the government’s proposed New Equitable Economic Empowerment Bill (NEEEB) is misunderstood… (Sun Newspaper)

After opening its taps to citizens two years ago in response to the demand for water to help combat a global pandemic, the City of Windhoek is now facing a significant spike in bad debt... (New Era Newspaper)

Several players in the Namibian housing market have welcomed the decision by the Bank of Namibia to scrap deposit payments for second-time homeowners, saying the move was long overdue… (The Namibian Newspaper)

Sub-Sahara News

At the start of what is supposed to be a bumper export fruit season, Cape Town's port performance has reached its worst point since the pandemic... (News24)

Kenya will in December pay back $300 million of a $2 billion Eurobond that falls due next June, President William Ruto said on Thursday.... (CNBC Africa)

President Cyril Ramaphosa has approved the deployment of 3,300 army personnel, under "Operation Prosper", to combat illegal mining activities, at an estimated cost of R492 million (about U.S$26 million) .... (AllAfrica News)

International News

Gaza officials said Israel launched air strikes on or near at least three hospitals on Friday, further endangering a health system swamped with thousands of casualties and people displaced by Israel's war against Hamas in the Palestinian enclave... (Reuters News)

European stocks are seen opening mostly higher on Friday despite Apple offering a cautious outlook for revenue from Mac, iPad, and Wearables categories in the current quarter.… (RTT News)

When Israeli bombs began pummelling the once-bustling streets of Gaza City, Diana Tarazi and her family fled to the Holy Family Church, the only Roman Catholic place of worship in the Gaza Strip.... (Aljazeera News)

NSX DAILY UPDATE (08 NOVEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	453,318.00	7,216,120.63	100.00%
ETFs	-	-	0.00%
Total	453,318.00	7,216,120.63	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 7,216,120.63 worth of shares was traded on the NSX on Wednesday with about N$619,189 worth of shares belonging to Anglo-American plc and N$ 459,199 worth of shares belonging to Namibia Breweries. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

Market participants bought shares belonging to Anglo-American resulting in an increase in the company's stock value by 0.3% at closing.
Namibia Breweries shares were traded by market participants, resulting in an incline in share price by 0.09% at closing

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	31.97	32.00	0.09%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.50	16.50	0.00%
First Rand Namibia	FNB	49.99	49.99	0.00%
Standard Bank Namibia	SNO	8.00	7.91	-1.13%
Oryx Limited	ORY	12.44	12.44	0.00%
Letshego	LHN	3.90	3.90	0.00%
Namibia Asset Management	NAME	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.72	12.72	0.00%
Mobile Telecommunication Company	MOC	7.19	7.19	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	483.26	484.49	0.25%
B2Gold Corporation	B2G	60.91	59.49	-2.33%
Oceana Group Limited	OCG	68.74	67.88	-1.25%
Truworths	TRW	80.01	78.28	-2.16%
Nedbank Group Limited	NBK	206.50	209.37	1.39%
Standard Bank Group	SNB	189.63	191.21	0.83%
Shoprite Holdings	SRH	243.19	249.61	2.64%
Firstrand Limited	FST	62.30	62.99	1.11%
Momentum Metropolitan Holdings	MMT	21.33	21.87	2.53%
Old Mutual Ltd	OMM	11.91	12.03	1.01%
Sanlam Limited	SLA	67.71	68.53	1.21%
Santam Limited	SNM	276.92	281.41	1.62%
Vukile Property Fund Limited	VKN	13.15	13.14	-0.08%
Investec Limited	IVD	105.97	112.18	5.86%
PSG Konsult Limited	KFS	14.76	14.78	0.14%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	335.54	337.31	0.53%
New Gold Palladium ETF	NGNPLD	188.18	185.47	-1.44%
New Gold Platinum ETF N	NGNPLT	158.85	155.84	-1.89%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.65	19.83	0.92%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	18.47
EUR/NAD	19.77
GBP/NAD	22.69
EUR/GBP	0.87
EUR/USD	1.07
GBP/USD	1.22
AUD/USD	0.64
USD/JPY	150.97
Commodities @ 07:00
Gold	1,954.40
Silver	22.50
Platinum	875.45
Palladium	1,048.03
WTI	75.39
Brent	79.61

Table 5: Exchange Rates and Commodities

Local News

The City of Windhoek has emphasized a frequent concern about weekly water consumption levels, which exceeded the target by 27% during the first week of November… (Sun Newspaper)

Namibia is set to be the first country in the world to produce iron using renewable energy... (New Era Newspaper)

The National Fishing Corporation of Namibia (Fishcor) has asked the government for a financial bailout, expressing fears that its operations could be crippled by a lack of money… (The Namibian Newspaper)

Sub-Sahara News

The chairperson of Transnet Andile Sangqu says that Transnet's debt burden is too much for it to bear... (News24)

Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank should hold interest rates at or near record highs through next year to extinguish price pressures, the International Monetary Fund said on Wednesday.... (CNBC Africa)

President Bola Tinubu, on Wednesday, signed the N2.17 trillion 2023 Supplementary Budget, which was recently passed by the National Assembly... (AllAfrica News)

International News

Street battles raged in Gaza City with Hamas fighters using tunnels to ambush Israeli forces, as the United States said Palestinians must govern Gaza post-war, countering Israeli comments that it would control security indefinitely... (Reuters News)

European stocks are likely to open higher on Thursday as the focus shifts to the Bank of England's policy meeting later in the day and Friday's U.S. employment report… (RTT News)

In an interview with Al Jazeera, a Spanish minister has called on the international community to sanction Israel, which she accused of a “planned genocide” of Palestinians in Gaza... (Aljazeera News)

NSX DAILY UPDATE (07 NOVEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	253,734.00	6,865,319.74	98.87%
ETFs	307.00	78,231.78	1.13%
Total	254,041.00	6,943,551.52	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 6,865,319.74 worth of shares was traded on the NSX on Tuesday with about N$ 971,517 worth of shares belonging to Anglo-American plc and N$ 18,946 worth of shares belonging to Shoprite Holdings. ETFs worth N$ 78,231.78 were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

Market participants sold shares belonging to Anglo-American resulting in a decrease in the company's stock value by -4.6%% at closing.
Shoprite Holdings shares were traded by market participants, resulting in a decline in share price by 3.4% at closing
New Gold Platinum ETF N & New Gold Issuer Ltd NM ETF positions were sold off by market participants

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	31.97	31.97	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.50	16.50	0.00%
First Rand Namibia	FNB	49.99	49.99	0.00%
Standard Bank Namibia	SNO	8.00	8.00	0.00%
Oryx Limited	ORY	12.44	12.44	0.00%
Letshego	LHN	3.90	3.90	0.00%
Namibia Asset Management	NAME	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.72	12.72	0.00%
Mobile Telecommunication Company	MOC	7.19	7.19	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	506.40	483.26	-4.57%
B2Gold Corporation	B2G	60.83	60.91	0.13%
Oceana Group Limited	OCG	68.66	68.74	0.12%
Truworths	TRW	82.84	80.01	-3.42%
Nedbank Group Limited	NBK	210.02	206.50	-1.68%
Standard Bank Group	SNB	193.97	189.63	-2.24%
Shoprite Holdings	SRH	246.64	243.19	-1.40%
Firstrand Limited	FST	64.60	62.30	-3.56%
Momentum Metropolitan Holdings	MMT	22.12	21.33	-3.57%
Old Mutual Ltd	OMM	12.30	11.91	-3.17%
Sanlam Limited	SLA	69.23	67.71	-2.20%
Santam Limited	SNM	281.82	276.92	-1.74%
Vukile Property Fund Limited	VKN	13.04	13.15	0.84%
Investec Limited	IVD	107.62	105.97	-1.53%
PSG Konsult Limited	KFS	15.09	14.76	-2.19%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	337.80	335.54	-0.67%
New Gold Palladium ETF	NGNPLD	197.11	188.18	-4.53%
New Gold Platinum ETF N	NGNPLT	162.42	158.85	-2.20%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.80	19.65	-0.76%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	18.37
EUR/NAD	19.63
GBP/NAD	22.56
EUR/GBP	0.87
EUR/USD	1.06
GBP/USD	1.22
AUD/USD	0.64
USD/JPY	150.66
Commodities @ 07:00
Gold	1,973.20
Silver	22.52
Platinum	895.80
Palladium	1,035.78
WTI	77.14
Brent	81.55

Table 5: Exchange Rates and Commodities

Local News

The World Bank yesterday advised Namibia to strike a balance between developing her green hydrogen ambitions and growing existing industries… (Sun Newspaper)

Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted approval to resume exploration in the northeast of the country... (New Era Newspaper)

Namibia has witnessed the groundbreaking ceremony of what will be the first carbon-neutral iron ore mine in the world… (The Namibian Newspaper)

Sub-Sahara News

Transnet survived a R7 billion debt redemption this week, with the PIC rolling over R4,4 billion of debt granting it four months grace to make the final repayment... (News24)

Big hikes in the minimum wage planned in central Europe for next year raise the risk of more persistent inflation or job losses amid relatively weak productivity growth across the region, the International Monetary Fund (IMF) has warned.... (CNBC Africa)

The White House has named Ghanaian-American Deniece Laurent-Mantey as executive director of the President's Advisory Council on African Diaspora Engagement in the United States... (AllAfrica News)

International News

Israel's ground forces in the Gaza Strip aimed on Wednesday to locate and disable Hamas militants' vast tunnel network beneath the enclave, the next phase in an Israeli offensive that has killed thousands of Palestinians... (Reuters News)

European stocks may open higher on Wednesday, even as the upside may remain capped ahead of the Federal Reserve's rate decision later in the day … (RTT News)

US President Joe Biden does not support an Israeli military occupation of the Gaza Strip after the Israel-Hamas war ends, a White House spokesman has said... (Aljazeera News)

NSX DAILY UPDATE (10 OCTOBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	771,252.00	34,463,239.92	100.00%
ETFs	-	-	0.00%
Total	771,252.00	34,463,239.92	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 34,463,239.92 worth of shares was traded on the NSX on Tuesday with about N$ 761,206 worth of shares belonging to Anglo-American plc and N$ 2,067,483 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Tuesday

HEI Market Commentary

From the trading activity that took place:

Market participants bought shares belonging to Anglo-American increasing the company's stock value by 4.5% at the closing.
FirstRand Namibia Ltd shares were traded by market participants, resulting in an increase in share price by 3.0%% at closing

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	36.59	36.59	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.42	16.42	0.00%
First Rand Namibia	FNB	49.00	50.47	3.00%
Standard Bank Namibia	SNO	7.56	7.56	0.00%
Oryx Limited	ORY	12.50	12.50	0.00%
Letshego	LHN	3.89	3.88	-0.26%
Namibia Asset Management	NAME	0.69	0.69	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.74	12.74	0.00%
Mobile Telecommunication Company	MOC	7.17	7.17	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	508.35	531.24	4.50%
B2Gold Corporation	B2G	56.82	56.98	0.28%
Oceana Group Limited	OCG	73.10	72.84	-0.36%
Truworths	TRW	71.37	73.79	3.39%
Nedbank Group Limited	NBK	196.12	206.11	5.09%
Standard Bank Group	SNB	183.55	189.54	3.26%
Shoprite Holdings	SRH	234.32	241.34	3.00%
Firstrand Limited	FST	62.75	65.17	3.86%
Momentum Metropolitan Holdings	MMT	19.69	20.38	3.50%
Old Mutual Ltd	OMM	11.92	12.47	4.61%
Sanlam Limited	SLA	64.74	67.62	4.45%
Santam Limited	SNM	274.68	275.94	0.46%
Vukile Property Fund Limited	VKN	12.87	12.90	0.23%
Investec Limited	IVD	106.15	110.07	3.69%
PSG Konsult Limited	KFS	13.27	13.56	2.19%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	334.42	329.59	-1.44%
New Gold Palladium ETF	NGNPLD	210.64	213.18	1.21%
New Gold Platinum ETF N	NGNPLT	164.66	162.97	-1.03%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.51	19.51	0.00%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	19.03
EUR/NAD	20.19
GBP/NAD	23.40
EUR/GBP	0.86
EUR/USD	1.06
GBP/USD	1.22
AUD/USD	0.64
USD/JPY	148.85
Commodities @ 07:00
Gold	1,872.70
Silver	21.95
Platinum	892.10
Palladium	1,178.78
WTI	86.22
Brent	87.93

Table 5: Exchange Rates and Commodities

Local News

Namibia has no immediate plans to delink its currency from the South Africa rand, as this would have a devastating impact on the domestic economy, the Bank of Namibia recently said (Sun Newspaper)

The Africa Hospitality Investment Forum (AHIF), the premier tourism and hotel investment conference in Africa, attracting prominent international hotel owners, investors, financiers, management companies and advisers, is scheduled to take place in Namibia from 25 to 27 June 2024. (New Era Newspaper)

The Bank of Namibia has decided to take on the sole role of the licensing and regulation of payment service providers. (The Namibian Newspaper)

Sub-Sahara News

Just seven months after the launch of PayShap, SA's first interoperable, real-time payments rail, the fees being charged by banks to use the system are coming under scrutiny. (News24)

South Africa’s population grew to 62.0 million people last year from 51.8 million in 2011, census data from the statistics agency showed on Tuesday. (CNBC Africa)

The African Union (AU) and African presidents and foreign ministers are calling for an end to the fighting between Israel and Hamas militants from Gaza which broke out on Saturday October 7, 2023.. (AllAfrica News)

International News

Israel vowed to escalate its response to an attack by the Palestinian militant group Hamas with a ground offensive, while U.S. President Biden pledged support for Israel, confirmed Americans are being held hostage by Hamas and issued a warning to anyone who might seek to take advantage of the situation (Reuters News)

European stocks reversed early losses to turn higher on Wednesday, as investors reacted to a slew of economic data and European Central Bank (ECB) President Lagarde's speech at a conference in Frankfurt. (RTT News)

Jamal is sheltering in a classroom of a school run by UNRWA — the United Nations Relief and Works Agency for Palestine Refugees in the Near East — after his entire neighbourhood was blown up by Israeli missiles. (Aljazeera News)

Posted on October 11, 2023
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NSX DAILY UPDATE (28 SEPTEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	158,142.00	10,759,974.72	100.00%
ETFs	-	-	0.00%
Total	158,142.00	10,759,974.72	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 10,759,974.72 worth of shares was traded on the NSX on Thursday with about N$ 1,618,353 worth of shares belonging to Anglo-American plc` and N$ 1,728,387 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 Anglo-American increasing the company's stock value by 3.4% at the closing.
FirstRand Namibia shares were traded by market participants, resulting in an increase in share price by 1.1% at closing

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	36.59	36.59	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.40	16.40	0.00%
First Rand Namibia	FNB	48.50	49.01	1.05%
Standard Bank Namibia	SNO	7.55	7.55	0.00%
Oryx Limited	ORY	12.50	12.50	0.00%
Letshego	LHN	3.88	3.88	0.00%
Namibia Asset Management	NAME	0.69	0.69	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.74	12.74	0.00%
Mobile Telecommunication Company	MOC	7.15	7.15	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	508.58	525.66	3.36%
B2Gold Corporation	B2G	56.22	55.57	-1.16%
Oceana Group Limited	OCG	75.75	75.66	-0.12%
Truworths	TRW	75.81	76.42	0.80%
Nedbank Group Limited	NBK	204.26	202.94	-0.65%
Standard Bank Group	SNB	183.00	184.04	0.57%
Shoprite Holdings	SRH	239.63	239.93	0.13%
Firstrand Limited	FST	64.92	64.56	-0.55%
Momentum Metropolitan Holdings	MMT	20.00	19.77	-1.15%
Old Mutual Ltd	OMM	12.10	12.23	1.07%
Sanlam Limited	SLA	67.10	66.77	-0.49%
Santam Limited	SNM	298.98	300.75	0.59%
Vukile Property Fund Limited	VKN	13.30	13.17	-0.98%
Investec Limited	IVD	110.07	109.87	-0.18%
PSG Konsult Limited	KFS	13.07	12.91	-1.22%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	335.62	331.00	-1.38%
New Gold Palladium ETF	NGNPLD	227.28	230.56	1.44%
New Gold Platinum ETF N	NGNPLT	164.55	165.38	0.50%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.66	19.81	0.76%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	18.94
EUR/NAD	20.05
GBP/NAD	23.16
EUR/GBP	0.86
EUR/USD	1.05
GBP/USD	1.22
AUD/USD	0.64
USD/JPY	149.21
Commodities @ 07:00
Gold	1,884.25
Silver	23.21
Platinum	923.60
Palladium	1,281.53
WTI	91.72
Brent	93.09

Table 5: Exchange Rates and Commodities

Local News

A committee comprising eight traditional authorities from the Aminuis constituency has called for the reinstatement of a Russian in-situ mining company's drilling permits. (Sun Newspaper)

Dundee Precious Metals Tsumeb recently commissioned a new General Waste Management Facility. The groundbreaking project is described as the first of its kind in the region, as it focuses on segregating and sorting at the source to minimize landfill waste. (New Era Newspaper)

The Poultry Producers Association (PPA) has predicted a tough two months ahead as a government ban on poultry imports from South Africa (SA) kicked in with immediate effect yesterday. (The Namibian Newspaper)

Sub-Sahara News

The Reserve Bank needs to play a very strong role in regulating these players, Capitec CEO Gerrie Fourie says. (News24)

Maintenance issues and climate change-induced water shortages have caused a 400-megawatt electricity shortfall in Tanzania, triggering power rationing across the East African nation, the state power supplier said. (CNBC Africa)

The eThekwini Municipality has voted to demolish the damaged China Emporium building at a cost of R28 million (U.S.1,4 million), despite concerns about the city's ability to recover the cost from the building's owners (AllAfrica News)

International News

U.S. Secretary of State Antony Blinken urged India to cooperate with a Canadian investigation into the murder of a Sikh separatist during a meeting with Indian foreign minister Subrahmanyam Jaishankar on Thursday, a U.S. official said. (Reuters News)

European stocks fell on Friday and were set for a weekly drop on fears of elevated global interest rates. U.K (RTT News)

Sweden’s prime minister announced that he will hold talks with the head of the Swedish armed forces and the police commissioner to discuss ways to stem gang violence following a wave of attacks that have resulted in at least 11 people killed so far this month. (Aljazeera News)

NSX DAILY UPDATE (27 SEPTEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	110,707.00	8,343,273.77	100.00%
ETFs	-	-	0.00%
Total	110,707.00	8,343,273.77	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 8,343,273.77 worth of shares was traded on the NSX on Wednesday with about N$ 227,108 worth of shares belonging to Anglo-American plc and N$ 352,600 worth of shares belonging to Capricorn Group Limited. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

Market participants sold shares belonging to Anglo-American decreasing the company's stock value by 0.3% at the closing.
Capricorn Group’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	36.59	36.59	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.40	16.40	0.00%
First Rand Namibia	FNB	48.50	48.50	0.00%
Standard Bank Namibia	SNO	7.55	7.55	0.00%
Oryx Limited	ORY	12.50	12.50	0.00%
Letshego	LHN	3.88	3.88	0.00%
Namibia Asset Management	NAME	0.69	0.69	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.74	12.74	0.00%
Mobile Telecommunication Company	MOC	7.15	7.15	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	510.11	508.58	-0.30%
B2Gold Corporation	B2G	57.63	56.22	-2.45%
Oceana Group Limited	OCG	76.40	75.75	-0.85%
Truworths	TRW	75.67	75.81	0.19%
Nedbank Group Limited	NBK	205.46	204.26	-0.58%
Standard Bank Group	SNB	184.33	183.00	-0.72%
Shoprite Holdings	SRH	242.17	239.63	-1.05%
Firstrand Limited	FST	64.97	64.92	-0.08%
Momentum Metropolitan Holdings	MMT	19.96	20.00	0.20%
Old Mutual Ltd	OMM	12.09	12.10	0.08%
Sanlam Limited	SLA	66.87	67.10	0.34%
Santam Limited	SNM	297.66	298.98	0.44%
Vukile Property Fund Limited	VKN	13.31	13.30	-0.08%
Investec Limited	IVD	110.69	110.07	-0.56%
PSG Konsult Limited	KFS	13.20	13.07	-0.98%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	336.74	335.62	-0.33%
New Gold Palladium ETF	NGNPLD	226.33	227.28	0.42%
New Gold Platinum ETF N	NGNPLT	165.89	164.55	-0.81%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.66	19.66	0.00%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	19.18
EUR/NAD	20.15
GBP/NAD	23.29
EUR/GBP	0.86
EUR/USD	1.05
GBP/USD	1.21
AUD/USD	0.63
USD/JPY	149.38
Commodities @ 07:00
Gold	1,893.20
Silver	22.75
Platinum	897.25
Palladium	1,226.53
WTI	94.42
Brent	94.89

Table 5: Exchange Rates and Commodities

Local News

Swakop Uranium's massive Husab uranium mine is on track to produce this year's target of 4 700 tonnes of uranium octoxide for export, according to CEO Qiu Bin (Sun Newspaper)

Champagne corks were popping at Choppies headquarters in Gaborone, Botswana, as that country’s biggest retailer celebrated a solid set of results for the year ended June 2023. (New Era Newspaper)

The Metal and Allied Namibian Workers Union (Manwu) general secretary, Justina Jonas, supports the awarding of the N$255-million tender to the state-owned construction company. (The Namibian Newspaper)

Sub-Sahara News

Eskom says the summer outlook is much better thanks to the faster-than-expected return of three Kusile units. (News24)

Afrexim Bank is tapping oil traders to finance a much-needed $3 billion loan to Nigeria’s state oil company to help shore up the sliding naira currency (CNBC Africa)

Ghana faces possible bankruptcy, as its debt crisis sees no end in sight (AllAfrica News)

International News

Donald Trump's Republican rivals clashed at a chaotic presidential debate on Wednesday, levelling attacks at the absent former president, Democratic President Joe Biden and one another over issues from China to immigration to the economy(Reuters News)

Asian stocks tumbled on Thursday after the U.S. Federal Reserve warned that interest rates would stay higher for longer to combat stubborn inflation (RTT News)

Russia accused Ukraine’s Western allies of helping plan and execute a missile attack on the Russian Black Sea fleet’s headquarters in the annexed Crimean Peninsula last week. (Aljazeera News)

NSX DAILY UPDATE (22 SEPTEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	543,311.00	19,853,761.14	100.00%
ETFs	-	-	0.00%
Total	543,311.00	19,853,761.14	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$19,853,761.14 worth of shares was traded on the NSX on Friday with about N$ 1,288,527 worth of shares belonging to Anglo-American plc and N$ 33,975 worth of shares belonging to SBN Holdings Ltd. No ETFs were traded on Friday

HEI Market Commentary

From the trading activity that took place:

Market participants sold shares belonging to Anglo-American decreasing the company's stock value by 0.5% at the closing.
SBN Holdings 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	36.60	36.60	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.40	16.40	0.00%
First Rand Namibia	FNB	48.50	48.50	0.00%
Standard Bank Namibia	SNO	7.55	7.55	0.00%
Oryx Limited	ORY	12.50	12.50	0.00%
Letshego	LHN	3.88	3.88	0.00%
Namibia Asset Management	NAME	0.69	0.69	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.74	12.74	0.00%
Mobile Telecommunication Company	MOC	7.13	7.13	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	519.09	516.34	-0.53%
B2Gold Corporation	B2G	59.23	58.36	-1.47%
Oceana Group Limited	OCG	75.00	75.00	0.00%
Truworths	TRW	74.45	74.82	0.50%
Nedbank Group Limited	NBK	205.88	205.81	-0.03%
Standard Bank Group	SNB	186.04	185.60	-0.24%
Shoprite Holdings	SRH	243.00	241.00	-0.82%
Firstrand Limited	FST	64.86	65.41	0.85%
Momentum Metropolitan Holdings	MMT	19.92	19.96	0.20%
Old Mutual Ltd	OMM	12.16	12.18	0.16%
Sanlam Limited	SLA	68.27	68.27	0.00%
Santam Limited	SNM	302.69	297.87	-1.59%
Vukile Property Fund Limited	VKN	13.56	13.34	-1.62%
Investec Limited	IVD	107.67	110.11	2.27%
PSG Konsult Limited	KFS	13.20	13.20	0.00%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	337.40	335.89	-0.45%
New Gold Palladium ETF	NGNPLD	228.56	229.20	0.28%
New Gold Platinum ETF N	NGNPLT	167.48	168.11	0.38%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.66	19.66	0.00%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	18.76
EUR/NAD	19.98
GBP/NAD	22.96
EUR/GBP	0.87
EUR/USD	1.06
GBP/USD	1.23
AUD/USD	0.64
USD/JPY	148.37
Commodities @ 07:00
Gold	1,942.35
Silver	23.76
Platinum	934.55
Palladium	1,52.03
WTI	90.47
Brent	92.39

Table 5: Exchange Rates and Commodities

Local News

Namibia's Electricity Control Board (ECB) has approved Solnam's application to increase its solar power capacity for export to the Southern African Power Pool (SAPP). (Sun Newspaper)

The National Fishing Corporation of Namibia (Fishcor) has provided clarity on deals for an allocated 17 600 metric tonnes (mt) horse mackerel quota for the 2023 fishing season. (New Era Newspaper)

The Institute of Public Policy and Research (IPPR) has raised concerns over a plan by the African Energy Chamber (AEC), led by Cameroon’s controversial businessman NJ Ayuk, to present President Hage Geingob with an award in South Africa next month. (The Namibian Newspaper)

Sub-Sahara News

BioNTech is revising plans to build a manufacturing network of vaccine plants in three countries in Africa, just over a year after breaking ground on the first facility in Rwanda. (News24)

Emerging market stocks recovered from a four-day losing streak at the end of a week packed with major central bank decisions, while the Indian rupee firmed after JPMorgan’s plans to include the country’s local bonds in its debt index. (CNBC Africa)

The government in collaboration with the European Union (EU) and the United Nations Development Programme (UNDP) is finalising the implementation of Tanzania's first Energy Efficiency Action Plan project. (AllAfrica News)

International News

Hollywood's writers' union reached a preliminary labour agreement with major studios on Sunday, a deal expected to end one of two strikes that have halted most film and television production and cost the California economy billions. (Reuters News)

Markets in Europe are expected to open on a negative note on Monday amidst overwhelming anxiety ahead of monetary policy decisions by the Federal Reserve, Bank of England and Bank of Japan. (RTT News)

The Philippines has accused China’s coastguard of installing a “floating barrier” in a disputed area of the South China Sea, which it said prevents Filipinos from fishing within its Exclusive Economic Zone (EEZ) (Aljazeera News)

NSX DAILY UPDATE (20 SEPTEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	50,054.00	4,054,010.53	93.52%
ETFs	826.00	280,845.04	6.48%
Total	50,880.00	4,334,855.57	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 4,054,010.53 worth of shares was traded on the NSX on Wednesday with about N$ 238,474 worth of shares belonging to Sanlam Limited and N$ 164,000 worth of shares belonging to Capricorn Group Limited. ETFs worth N$ 280,845.04 were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

Market participants bought shares belonging to Sanlam, increasing the company's stock value by 1.7% at the closing.
Capricorn Group shares were traded by market participants, resulting in no change in share price at closing.
New Gold Issuer Ltd NM positions were sold off resulting in a decline in price by 0.5%

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	36.60	36.60	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.40	16.40	0.00%
First Rand Namibia	FNB	48.50	48.50	0.00%
Standard Bank Namibia	SNO	7.55	7.55	0.00%
Oryx Limited	ORY	12.50	12.50	0.00%
Letshego	LHN	3.88	3.88	0.00%
Namibia Asset Management	NAME	0.69	0.69	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.74	12.74	0.00%
Mobile Telecommunication Company	MOC	7.13	7.13	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	531.15	534.79	0.69%
B2Gold Corporation	B2G	60.84	59.93	-1.50%
Oceana Group Limited	OCG	75.66	75.25	-0.54%
Truworths	TRW	76.08	74.52	-2.05%
Nedbank Group Limited	NBK	202.22	209.24	3.47%
Standard Bank Group	SNB	180.72	187.95	4.00%
Shoprite Holdings	SRH	244.56	245.19	0.26%
Firstrand Limited	FST	64.82	66.75	2.98%
Momentum Metropolitan Holdings	MMT	19.51	19.97	2.36%
Old Mutual Ltd	OMM	12.10	12.27	1.40%
Sanlam Limited	SLA	67.72	68.90	1.74%
Santam Limited	SNM	307.57	306.28	-0.42%
Vukile Property Fund Limited	VKN	13.26	13.80	4.07%
Investec Limited	IVD	104.48	107.35	2.75%
PSG Konsult Limited	KFS	13.33	13.40	0.53%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	340.34	338.79	-0.46%
New Gold Palladium ETF	NGNPLD	230.30	231.15	0.37%
New Gold Platinum ETF N	NGNPLT	172.00	168.56	-2.00%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.60	19.66	0.31%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	18.92
EUR/NAD	20.12
GBP/NAD	23.31
EUR/GBP	0.86
EUR/USD	1.06
GBP/USD	1.23
AUD/USD	0.64
USD/JPY	148.38
Commodities @ 07:00
Gold	1,947.95
Silver	23.44
Platinum	926.30
Palladium	1,265.78
WTI	89.05
Brent	92.92

Table 5: Exchange Rates and Commodities

Local News

The Central Procurement Board of Namibia has been prohibited from implementing or executing any procurement contract awarded to Cospharm Investments (Sun Newspaper)

Momentum Metropolitan, based in South Africa and with operations in Namibia, has reported a historic peak in normalised headline earnings (NHE) of N$5.1 billion for the 12 months ended 30 June 2023. Operating profit surged by 31% to N$4.4 billion, up from N$3.4 billion the previous year. (New Era Newspaper)

Workers’ unions have lashed out at the government over the slow implementation of a national minimum wage. Acting executive director of labour, industrial relations, and employment creation Lydia Indombo yesterday confirmed the ministry is yet to implement a minimum wage for workers. (The Namibian Newspaper)

Sub-Sahara News

The Monetary Policy Committee has been left with little room to manoeuvre when it announces its interest rate decision on Thursday after annual consumer price inflation rose for the first time in four months. (News24)

Ghana’s economic growth slowed slightly to 3.2% year-on-year in the second quarter compared with a downwardly revised 3.3% growth rate in the first quarter, the country’s statistics agency said on Wednesday. (CNBC Africa)

South African President Cyril Ramaphosa has once again called for the unconditional removal of Western sanctions on Zimbabwe, which he claims are now negatively affecting his country. (AllAfrica News)

International News

Canada this week divulged it had intelligence possibly linking Indian government agents to the murder of a separatist Sikh leader, the kind of news that usually sparks uproar among democratic allies. Not this time. (Reuters News)

Asian stocks rose broadly on Thursday after a highly anticipated U.S. inflation report did little to alter market expectations for the path of rate hikes. Fed funds futures currently imply no chance of a rate hike next week and about a 45 percent chance. (RTT News)

Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) has said that his country was moving steadily closer to normalizing relations with Israel, following similar moves from other Gulf countries, and amid a big push by the United States for a Saudi-Israeli deal. (Aljazeera News)

NSX DAILY UPDATE (18 SEPTEMBER 2023)

*NSX Trades*	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	88,446.00	6,392,529.31	90.05%
ETFs	4,130.00	706,230.00	9.95%
Total	92,576.00	7,098,759.31	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 6,392,529.31 worth of shares was traded on the NSX on Monday with about N$ 703,002 worth of shares belonging to Anglo-American plc and N$ 2,002,496 worth of shares belonging to Namibia Breweries. ETFs worth N$ 518,161 were traded on Monday.

HEI Market Commentary

From the trading activity that took place:

Market participants sold shares belonging to Anglo-American, decreasing the company's stock value by 1.6% at the closing.
Namibia Breweries shares were traded by market participants, resulting in no change in share price at closing.
New Gold Platinum ETF N positions were subscribed resulting in an uptick of 0.3% in value

*Name*	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	36.60	36.60	0.00%
Nictus Holdings	NHL	2.20	2.20	0.00%
Capricorn	CGP	16.40	16.40	0.00%
First Rand Namibia	FNB	48.50	48.50	0.00%
Standard Bank Namibia	SNO	7.52	7.52	0.00%
Oryx Limited	ORY	12.50	12.50	0.00%
Letshego	LHN	3.88	3.88	0.00%
Namibia Asset Management	NAME	0.69	0.69	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.74	12.74	0.00%
Mobile Telecommunication Company	MOC	7.13	7.13	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	543.65	534.81	-1.63%
B2Gold Corporation	B2G	59.74	61.02	2.14%
Oceana Group Limited	OCG	76.49	76.39	-0.13%
Truworths	TRW	73.50	73.50	0.00%
Nedbank Group Limited	NBK	204.02	201.08	-1.44%
Standard Bank Group	SNB	176.89	176.37	-0.29%
Shoprite Holdings	SRH	248.62	245.00	-1.46%
Firstrand Limited	FST	66.88	66.84	-0.06%
Momentum Metropolitan Holdings	MMT	19.09	19.05	-0.21%
Old Mutual Ltd	OMM	12.25	12.07	-1.47%
Sanlam Limited	SLA	67.58	67.12	-0.68%
Santam Limited	SNM	308.39	310.41	0.66%
Vukile Property Fund Limited	VKN	13.42	13.37	-0.37%
Investec Limited	IVD	107.06	105.82	-1.16%
PSG Konsult Limited	KFS	13.57	13.27	-2.21%

Table 3: Dual Listed Trades

*Name*	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	341.86	340.31	-0.45%
New Gold Palladium ETF	NGNPLD	230.80	226.29	-1.95%
New Gold Platinum ETF N	NGNPLT	170.00	170.58	0.34%
Satrix S&P Namibia Bond ETF)	SXNNAM	19.61	19.60	-0.05%

Table 4: ETFs

*Exchange Rates @ 07:00*
USD/NAD	19.05
EUR/NAD	20.34
GBP/NAD	23.57
EUR/GBP	0.86
EUR/USD	1.06
GBP/USD	1.23
AUD/USD	0.64
USD/JPY	147.80
Commodities @ 07:00
Gold	1,952.35
Silver	23.44
Platinum	935.15
Palladium	1,247.03
WTI	91.23
Brent	94.98

Table 5: Exchange Rates and Commodities

Local News

Transport service providers for the upcoming census are required to present their vehicles to their constituencies by Tuesday, 19 September, the Namibia Statistics Agency has announced. (Sun Newspaper)

The Development Bank of Namibia (DBN) yesterday stated that it has successfully fully redeemed its DBN23 bond, the last of three amortizing fixed-rated bonds issued by the bank in 2018. DBN20A1, the first of the three, was issued in February 2018 and raised N$140 million. DBN20B was issued in March 2018, raising N$70 million and DBN23, the last of three, was issued in December 2018 and raised N$290 million. (New Era Newspaper)

Namibian Defence Force (NDF) company August 26 Construction has come out guns blazing to defend being unilaterally handed a N$255 million tender by the Ministry of Education, Arts and Culture to construct classrooms and ablution blocks. (The Namibian Newspaper)

Sub-Sahara News

Ervin Tu, the new interim CEO of the Naspers stable, has indicated that while his appointment doesn't presage an imminent change in strategy for Africa's most valuable company, his is not simply a caretaker position either. (News24)

With oil investors and traders focused on an oil-price rally that has come close to $100 a barrel, some grades of crude oil are already trading above that milestone, highlighting an expectation of tight supply. (CNBC Africa)

A landslide brought on by torrential rains killed at least 17 people in the northwest of the Democratic Republic of the Congo (AllAfrica News)

International News

India characterised as "absurd and motivated" an accusation by Canada that it was involved in the murder of a Sikh separatist leader, urging the country instead to take legal action against anti-Indian elements operating from its soil. (Reuters News)

Asian stock markets are trading mostly lower on Tuesday, despite the slightly positive cues from Wall Street overnight, as traders seemed reluctant to make significant moves ahead of the US Fed's monetary policy announcement on Wednesday. (RTT News)

The United States military said it finally found debris from a missing F-35 fighter jet a day after asking for the public’s help locating wreckage from the elusive warplane after a pilot ejected from the aircraft for unknown reasons. (Aljazeera News)

Category: Reports