| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 488,938 | 48,151,066 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 488,938 | 48,151,066 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 48,151,066 worth of shares was traded on the NSX on Wednesday, with about N$7,199,748 worth of Anglo-American plc, N$ 65,299 worth of Shoprite Holdings and N$ 9,360 of Namibia Breweries on the home front. No ETFs were traded on Wednesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American share price increased in price at closing
- Shares belonging to Shoprite Holdings were sold off as market conditions intensify.
- On the NSX local listing, Paratus Namibia Holdings Ltd shares were sold off.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 40.01 | 40.00 | -0.02% |
| Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
| Capricorn | CGP | 13.69 | 13.69 | 0.00% |
| First Rand Namibia | FNB | 29.51 | 29.51 | 0.00% |
| Standard Bank Namibia | SNO | 4.99 | 4.99 | 0.00% |
| Oryx Limited | ORY | 10.20 | 10.20 | 0.00% |
| Letshego | LHN | 2.51 | 2.51 | 0.00% |
| Namibia Asset Management | NAM | 0.66 | 0.66 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 12.01 | 12.01 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.52 | 7.52 | 0.00% |
| Alpha Namibia Industries Renewable Power Limited | ANE | 9.00 | 9.00 | 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 | 771.40 | 781.42 | 1.30% |
| B2Gold Corporation | B2G | 68.58 | 69.03 | 0.66% |
| Oceana Group Limited | OCG | 58.77 | 57.60 | -1.99% |
| Mediclinic International Plc | MEP | 71.50 | 72.82 | 1.85% |
| Truworths | TRW | 55.14 | 55.25 | 0.20% |
| Nedbank Group Limited | NBK | 221.06 | 219.15 | -0.86% |
| Standard Bank Group | SNB | 171.95 | 166.52 | -3.16% |
| Shoprite Holdings | SRH | 238.77 | 234.61 | -1.74% |
| FirstRand Limited | FST | 71.54 | 70.49 | -1.47% |
| Momentum Metropolitan Holdings | MMT | 17.59 | 16.89 | -3.98% |
| Old Mutual Ltd | OMM | 13.39 | 12.61 | -5.83% |
| Sanlam Limited | SLA | 70.50 | 69.44 | -1.50% |
| Santam Limited | SNM | 293.53 | 284.37 | -3.12% |
| Vukile Property Fund Limited | VKN | 13.66 | 13.92 | 1.90% |
| Investec Limited | IVD | 95.40 | 93.28 | -2.22% |
| PSG Konsult Limited | KFS | 13.80 | 13.54 | -1.88% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Palladium ETF | NGNPLD | 266.67 | 269.08 | 0.90% |
| New Gold Platinum ETF N | NGNPLT | 335.60 | 334.76 | -0.25% |
| New Funds S&P NAM Bond | NFNAMA | 137.48 | 137.36 | -0.09% |
Table 4: ETFs
| Exchange Rates | |
| USD/ZAR | 14.55 |
| EUR/ZAR | 15.88 |
| GBP/ZAR | 19.11 |
| EUR/GBP | 0.83 |
| EUR/USD | 1.10 |
| GBP/USD | 1.30 |
| AUD/USD | 0.74 |
| USD/JPY | 125.37 |
| Commodities | |
| Gold | 1,974.10 |
| Silver | 26.03 |
| Platinum | 986.00 |
| Palladium | 2,358.02 |
| WTI | 103.00 |
| Brent | 107.73 |
Table 5: Exchange Rates and Commodities
Local News
Politicians have been fingered by the Government Institutions Pension Fund (GIPF) as some of the culprits whenit comes to squandering pension money, subsequently subjecting them to rely on money from families and friends to get by. (Namibian Sun)
Political parties are seemingly embarking on early campaigns by aggressively coming out of their cacoons to snap up potential members as the political landscape heats up ahead of the 2024 general elections. (New Era Newspaper)
Railway company TransNamib is moving to auction non-core properties, which mostly compromise the houses accommodating staff members. (The Namibian)
Sub-Sahara News
This week’s devastating flooding, which has left over 300 people dead, according to latest estimates, is the third major flood disaster in KwaZulu-Natal in the past three years. (News24)
Sub-Saharan Africa’s economy is set to grow 3.6% this year, down from 4% in 2021, the World Bank said on Wednesday, as it warned rising food and energy prices fuelled by Russia’s war in Ukraine could spark civil unrest in the region. (CNBC Africa)
In an unexpected announcement, Prime Minister Patrick Achi and his Cabinet have tendered their resignation. The leader of Ivory Coast’s government had held the job for a little over a year. (All Africa News)
International News
When Chinese Premier Li Keqiang called for a “sense of urgency” about growing economic risks during a meeting with provincial officials earlier this week, it was his third such warning in days. (Aljazeera News)
European stocks advanced on Thursday, even as a cautious undertone prevailed following hawkish Federal Reserve minutes and Washington’s new sanctions against Russia. (RTT News)
The man suspected of setting off smoke bombs and spraying gunfire inside a New York City subway car, injuring 23 people, was arrested on Wednesday on a federal charge of violently attacking a mass transportation system, capping an around-the-clock manhunt. (Reuters)