| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 138,400.00 | 8,294,068.65 | 99.25% |
| ETFs | 3,400.00 | 62,900.00 | 0.75% |
| Total | 141,800.00 | 8,356,968.65 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 8,294,068.65 worth of shares was traded on the NSX on Friday, with about N$ 1,091,118 worth of shares belonging to Anglo-American plc and N$ 194,121 worth of shares belonging to Namibia Breweries trades occurred on the home front. ETFs worth N$ 62,900.00 were traded on Friday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American shares were traded causing a slight increase in the company’s share price by 4.3%
- Namibia Breweries’ shares soared by 12.5% as market participants subscribed to the company’s shares
- Satrix S&P Namibia Bond ETF (prev. NewFunds S&P Namibia Bond ETF) were traded on the secondary market resulting in no change in price
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 32.00 | 35.99 | 12.47% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 13.70 | 13.70 | 0.00% |
| First Rand Namibia | FNB | 38.03 | 38.03 | 0.00% |
| Standard Bank Namibia | SNO | 8.45 | 7.98 | -5.56% |
| 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 | 7.07 | 7.06 | -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 | 545.39 | 568.66 | 4.27% |
| B2Gold Corporation | B2G | 73.44 | 76.00 | 3.49% |
| Oceana Group Limited | OCG | 65.53 | 65.53 | 0.00% |
| Mediclinic International Plc | MEP | 114.78 | 116.59 | 1.58% |
| Truworths | TRW | 49.71 | 49.71 | 0.00% |
| Nedbank Group Limited | NBK | 203.80 | 209.17 | 2.63% |
| Standard Bank Group | SNB | 160.11 | 164.00 | 2.43% |
| Shoprite Holdings | SRH | 211.97 | 213.32 | 0.64% |
| FirstRand Limited | FST | 61.87 | 63.34 | 2.38% |
| Momentum Metropolitan Holdings | MMT | 17.89 | 18.23 | 1.90% |
| Old Mutual Ltd | OMM | 11.30 | 11.52 | 1.95% |
| Sanlam Limited | SLA | 53.90 | 55.08 | 2.19% |
| Santam Limited | SNM | 271.41 | 274.21 | 1.03% |
| Vukile Property Fund Limited | VKN | 12.44 | 12.40 | -0.32% |
| Investec Limited | IVD | 99.15 | 102.78 | 3.66% |
| PSG Konsult Limited | KFS | 13.25 | 13.02 | -1.74% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 350.50 | 350.50 | 0.00% |
| New Gold Palladium ETF | NGNPLD | 253.38 | 253.38 | 0.00% |
| New Gold Platinum ETF N | NGNPLT | 184.10 | 184.10 | 0.00% |
| New Funds S&P NAM Bond | NFNAMA | 18.23 | 18.42 | 1.04% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.39 |
| EUR/NAD | 20.30 |
| GBP/NAD | 23.26 |
| EUR/GBP | 0.87 |
| EUR/USD | 1.10 |
| GBP/USD | 1.26 |
| AUD/USD | 0.67 |
| USD/JPY | 134.76 |
| Commodities @ 07:00 | |
| Gold | 2,029.65 |
| Silver | 25.92 |
| Platinum | 1,075.20 |
| Palladium | 1,504.03 |
| WTI | 71.89 |
| Brent | 75.83 |
Table 5: Exchange Rates and Commodities
Local News
Economists have voiced concerns that Namibia’s high corporate tax rate could hinder the growth of small and medium enterprises (MSMEs) and start-up businesses. (Sun Newspaper)
In 2022, Bank Windhoek financed 185 transactions valued at N$135 million in northern Namibia. This is according to Bank Windhoek’s Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, who pointed out that Rundu accounted for 71 of the 185 transactions and contributed N$55 million of the total N$135 million. (New Era Newspaper)
The Erongo Desalination Plant (EDP), operated by Orano Mining Namibia, can ensure a long-term water supply to the region. (The Namibian Newspaper)
Sub-Sahara News
Higher levels of load shedding are likely this winter, and they are bound to have dire consequences for global platinum supplies. (News24)
Nigeria’s election tribunal will on Monday start hearing opposition petitions challenging president-elect Bola Tinubu’s victory in the disputed February presidential vote, court records showed on Friday. (CNBC Africa)
President Cyril Ramaphosa has authorized the deployment of 880 members of the South African National Defence Force (SANDF) to safeguard a number of Eskom power stations around the country. (All Africa News)
International News
Russia launched a wave of drone, missile, and air strikes on Kyiv and other Ukrainian cities, officials said on Monday, as Moscow stepped up attacks while preparing for its cherished Victory Day holiday celebrating the defeat of Nazi Germany in 1945. (Reuters)
Asian markets moved mostly higher on Monday amidst holidays in several countries, including China, Hong Kong, and South Korea. The Bank of Japan continues with its ultra-loose monetary policy and maintaining the status quo on the yield curve control policy helped sentiment. (RTT News)
Nearly a year after Thailand decriminalised cannabis amid promises of an economic bonanza, Thai growers and sellers say they are being undercut by illegal imports from the United States that sell for a fraction of the price of homegrown buds. (Aljazeera News)