| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 42,911.00 | 2,770,554.07 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 42,911.00 | 2,770,554.07 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 2,770,554.07 worth of shares was traded on the NSX on Tuesday with about N$ 118,569 worth of shares belonging to Anglo-American plc and N$ 176,750 worth of shares belonging to Capricorn Group Limited trades occurred on the home front. No ETFs were traded on Friday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American’s shares continue to decline as the JSE meltdown continues resulting to the company share price declining by 2.4%
- Capricorn Group’s shares were traded on the domestic bourse resulting in a decline of 8.6% in share price at closing
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 32.01 | 32.00 | -0.03% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 14.99 | 13.70 | -8.61% |
| First Rand Namibia | FNB | 38.00 | 38.03 | 0.08% |
| Standard Bank Namibia | SNO | 8.45 | 8.45 | 0.00% |
| Oryx Limited | ORY | 11.99 | 11.99 | 0.00% |
| Letshego | LHN | 3.75 | 3.75 | 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 | 12.79 | 12.79 | 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 | 560.70 | 547.37 | -2.38% |
| B2Gold Corporation | B2G | 73.93 | 72.59 | -1.81% |
| Oceana Group Limited | OCG | 67.00 | 70.18 | 4.75% |
| Mediclinic International Plc | MEP | 114.64 | 115.07 | 0.38% |
| Truworths | TRW | 54.38 | 53.40 | -1.80% |
| Nedbank Group Limited | NBK | 211.05 | 208.00 | -1.45% |
| Standard Bank Group | SNB | 171.29 | 168.25 | -1.77% |
| Shoprite Holdings | SRH | 222.95 | 217.38 | -2.50% |
| FirstRand Limited | FST | 64.36 | 64.18 | -0.28% |
| Momentum Metropolitan Holdings | MMT | 18.50 | 18.51 | 0.05% |
| Old Mutual Ltd | OMM | 11.62 | 11.70 | 0.69% |
| Sanlam Limited | SLA | 56.43 | 55.92 | -0.90% |
| Santam Limited | SNM | 283.93 | 283.22 | -0.25% |
| Vukile Property Fund Limited | VKN | 12.62 | 12.58 | -0.32% |
| Investec Limited | IVD | 100.60 | 102.07 | 1.46% |
| PSG Konsult Limited | KFS | 13.10 | 13.01 | -0.69% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 339.68 | 343.35 | 1.08% |
| New Gold Palladium ETF | NGNPLD | 271.45 | 270.06 | -0.51% |
| New Gold Platinum ETF N | NGNPLT | 189.48 | 194.86 | 2.84% |
| New Funds S&P NAM Bond | NFNAMA | 18.48 | 18.23 | -1.35% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.45 |
| EUR/NAD | 20.33 |
| GBP/NAD | 23.04 |
| EUR/GBP | 0.87 |
| EUR/USD | 1.13 |
| GBP/USD | 1.24 |
| AUD/USD | 0.66 |
| USD/JPY | 135.95 |
| Commodities @ 07:00 | |
| Gold | 2,023.75 |
| Silver | 25.49 |
| Platinum | 1,071.60 |
| Palladium | 1,423.03 |
| WTI | 71.61 |
| Brent | 75.33 |
Table 5: Exchange Rates and Commodities
Local News
The Employment Equity Commission (EEC) has blamed its failure to release any equity reports since 2020 on Covid-19 and a South African company that allegedly ‘ran away’ with collected data because of a dispute. (Sun Newspaper)
The Electricity Control Board’s (ECB) financial position remains sound, but the reduced electricity consumption levels over the past five years are not expected to recover instantly, given the prevailing economic downturn, which remains a concern for the ECB’s future revenue projections. (New Era Newspaper)
The government has been advised to consider setting up a new company where private investors and farmers will have shareholding to avoid the collapse of the Meat Corporation of Namibia (Meatco). (The Namibian Newspaper)
Sub-Sahara News
One of Cosatu’s biggest affiliates, the SA Democratic Teachers Union, is taking it to court over a congress resolution to support the SACP. (News24)
German Chancellor Olaf Scholz aims to discuss the conflict in Sudan, signal his support for the peace process in Ethiopia, and explore cooperation on green hydrogen with Kenya during his trip to East Africa this week, officials said on Tuesday. (CNBC Africa)
Parliament has reconsidered the Anti-Homosexuality Bill 2023 and passed it with amendments to the 4 clauses that President Yoweri Museveni objected to. (All Africa News)
International News
Tesla Inc (TSLA.O) has resumed taking orders for its Model 3 long-range version in the United States, the company’s website showed late on Tuesday, after a temporary halt last year due to delivery backlogs. (Reuters)
Asian stocks fell on Wednesday, although regional losses remained capped by consensus-beating earnings results from tech giants Microsoft and Alphabet. (RTT News)
Russia’s defense minister has urged a state company to double its production of missiles as an expected Ukrainian counteroffensive looms and both Moscow’s and Kyiv’s forces are reportedly experiencing ammunition constraints. (Aljazeera News)