| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 278,538.00 | 12,771,546.57 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 278,538.00 | 12,771,546.57 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 12,771,546.57 worth of shares was traded on the NSX on Wednesday with about N$ 1,019,431 worth of shares belonging to Anglo-American plc` and N$ 4,999,140 worth of shares belonging to FirstRand Namibia Ltd. No ETFs were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold shares belonging to Anglo-American diminishing the company’s stock value by 0.5% at the closing.
- FirstRand Namibia Ltd shares were traded by market participants, resulting in a decline in share price by 0.9% 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 | 50.47 | 50.00 | -0.93% |
| Standard Bank Namibia | SNO | 7.56 | 7.56 | 0.00% |
| Oryx Limited | ORY | 12.50 | 12.49 | -0.08% |
| 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 | 7.17 | 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 | 531.24 | 527.99 | -0.61% |
| B2Gold Corporation | B2G | 56.98 | 58.11 | 1.98% |
| Oceana Group Limited | OCG | 72.84 | 72.49 | -0.48% |
| Truworths | TRW | 73.79 | 75.28 | 2.02% |
| Nedbank Group Limited | NBK | 206.11 | 207.01 | 0.44% |
| Standard Bank Group | SNB | 189.54 | 190.07 | 0.28% |
| Shoprite Holdings | SRH | 241.34 | 246.00 | 1.93% |
| Firstrand Limited | FST | 65.17 | 62.91 | -3.47% |
| Momentum Metropolitan Holdings | MMT | 20.38 | 20.61 | 1.13% |
| Old Mutual Ltd | OMM | 12.47 | 12.59 | 0.96% |
| Sanlam Limited | SLA | 67.62 | 68.69 | 1.58% |
| Santam Limited | SNM | 275.94 | 287.73 | 4.27% |
| Vukile Property Fund Limited | VKN | 12.90 | 13.12 | 1.71% |
| Investec Limited | IVD | 110.07 | 111.14 | 0.97% |
| PSG Konsult Limited | KFS | 13.56 | 13.79 | 1.70% |
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 | 327.17 | -0.73% |
| New Gold Palladium ETF | NGNPLD | 213.18 | 211.62 | -0.73% |
| New Gold Platinum ETF N | NGNPLT | 162.97 | 160.09 | -1.77% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.51 | 19.43 | -0.41% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.83 |
| EUR/NAD | 20.02 |
| GBP/NAD | 23.20 |
| EUR/GBP | 0.86 |
| EUR/USD | 1.06 |
| GBP/USD | 1.23 |
| AUD/USD | 0.64 |
| USD/JPY | 149.07 |
| Commodities @ 07:00 | |
| Gold | 1,892.20 |
| Silver | 22.29 |
| Platinum | 899.50 |
| Palladium | 1,178.03 |
| WTI | 82.84 |
| Brent | 85.29 |
Table 5: Exchange Rates and Commodities
Local News
Tuesday’s National Assembly session degenerated into chaos after labour minister Utoni Nujoma claimed that Aawambo people were hard-working while “the others are lazy”. (Sun Newspaper)
Commercial banks are among the industries with the most regulations, making it necessary that such regulations are easy to understand and implement, the Bank of Namibia’s (BoN) director of information and communication technology (ICT) Marsorry Ickua said. (New Era Newspaper)
Senior NamPower officials are disgruntled over the national electricity company’s battle to recover N$5,6 million paid to a Swiss company for the repair of power station equipment in India. (The Namibian Newspaper)
Sub-Sahara News
Eskom chairperson Mpho Makwana is set to step down at the end of October – but it appears Minister of Public Enterprises Pravin Gordhan lost confidence in him early on. (News24)
Sub-Saharan Africa’s economic growth will shrink for a second year in a row in 2023 before rebounding in 2024, the International Monetary Fund (IMF) said on Tuesday in a report in which it cut its forecasts for economic expansion. (CNBC Africa)
According to the 2022 Census results, at least 18% of the population has no piped water in their houses or in their yards. The government is increasingly finding it difficult to provide basic services that are reliable and face no major disruptions to the populace, (AllAfrica News)
International News
Most of the 2.3 million people in the Gaza Strip have no electricity and no water. And, with hundreds of Israeli strikes raining down on their tiny enclave, they have nowhere to run. (Reuters News)
Asian stocks advanced on Thursday after oil prices tumbled and bond yields on both sides of the Atlantic fell from their highest levels for more than a decade amid signs U.S. economic growth is slowing. (RTT News)
With a power blackout enveloping the Gaza Strip, Israeli missiles bombarding the blockaded enclave are no longer the only sounds of death. In hospitals, the beeping of life-saving machines is, to many, also a reminder of increasingly perilous survival.. (Aljazeera News)