| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 167,868.00 | 3,085,172.90 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 167,868.00 | 3,085,172.90 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 3,085,172.90 worth of shares was traded on the NSX on Wednesday with about N$ 691,488 worth of shares belonging to Shoprite Holdings and N$ 23,000 worth of Namibia Breweries shares on the home front. No ETFs were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Shoprite’s share performance on the overall bourse slightly declined as one sell transaction occurred on the markets
- Namibia Breweries’ shares were traded reflecting no change in share price.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 46.00 | 46.00 | 0.00% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 13.79 | 13.79 | 0.00% |
| First Rand Namibia | FNB | 33.51 | 33.51 | 0.00% |
| Standard Bank Namibia | SNO | 5.14 | 5.19 | 0.97% |
| Oryx Limited | ORY | 11.38 | 11.38 | 0.00% |
| Letshego | LHN | 3.51 | 3.51 | 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 | 13.19 | 13.19 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.06 | 7.06 | 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 | 702.07 | 679.42 | -3.23% |
| B2Gold Corporation | B2G | 61.48 | 61.33 | -0.24% |
| Oceana Group Limited | OCG | 71.18 | 69.96 | -1.71% |
| Mediclinic International Plc | MEP | 108.10 | 107.30 | -0.74% |
| Truworths | TRW | 66.86 | 65.96 | -1.35% |
| Nedbank Group Limited | NBK | 229.88 | 229.17 | -0.31% |
| Standard Bank Group | SNB | 177.97 | 175.45 | -1.42% |
| Shoprite Holdings | SRH | 230.92 | 230.43 | -0.21% |
| FirstRand Limited | FST | 65.54 | 64.70 | -1.28% |
| Momentum Metropolitan Holdings | MMT | 19.60 | 19.59 | -0.05% |
| Old Mutual Ltd | OMM | 11.65 | 11.62 | -0.26% |
| Sanlam Limited | SLA | 57.89 | 58.24 | 0.60% |
| Santam Limited | SNM | 289.29 | 286.65 | -0.91% |
| Vukile Property Fund Limited | VKN | 13.47 | 13.28 | -1.41% |
| Investec Limited | IVD | 114.20 | 113.90 | -0.26% |
| PSG Konsult Limited | KFS | 12.55 | 12.55 | 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 | 307.72 | 308.26 | 0.18% |
| New Gold Palladium ETF | NGNPLD | 268.64 | 251.51 | -6.38% |
| New Gold Platinum ETF N | NGNPLT | 163.66 | 161.20 | -1.50% |
| New Funds S&P NAM Bond | NFNAMA | 18.24 | 18.20 | -0.22% |
Table 4: ETFs
| Exchange Rates @ 05:00 | |
| USD/NAD | 17.99 |
| EUR/NAD | 19.27 |
| GBP/NAD | 21.68 |
| EUR/GBP | 0.88 |
| EUR/USD | 1.07 |
| GBP/USD | 1.20 |
| AUD/USD | 0.69 |
| USD/JPY | 132.17 |
| Commodities @ 05:00 | |
| Gold | 1,850.85 |
| Silver | 21.75 |
| Platinum | 922.75 |
| Palladium | 1,464.28 |
| WTI | 79.09 |
| Brent | 85.81 |
Table 5: Exchange Rates and Commodities
Local News
The Bank of Namibia (BoN) announced a 25 basis points (bpts) increase in the repo rate from 6.75% to 7%, hiking the prime lending rate from 10.5% to 10.75% (Sun Newspaper)
A group of commercial beef producers – mainly previously advantaged farmers – are demanding that government immediately stops meddling in the affairs of the Meat Corporation of Namibia. (New Era Newspaper)
The government could end up spending N$1 billion on the completion of new military headquarters opposite the Suiderhof military base in Windhoek. (The Namibian)
Sub-Sahara News
Among the EFF’s proposals to address South Africa’s energy crisis is a deal with the Russian state nuclear energy company, Rosatom. (News24)
MTN Group MTNJ.J will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian unit from tax claims worth about $773 million..(CNBC Africa)
The mayor of Tsumeb, Mathew Hangula, says the town’s municipality will issue a media statement this week on the outcome of tests carried out after the town’s water was declared unfit for human consumption in December (All Africa News)
International News
Index provider MSCI said on Wednesday it will postpone the implementation of updates to weightings for two of India’s Adani Group companies, Adani Total Gas (ADAG.NS) and Adani Transmission (ADAI.NS), to the May benchmark review. (Reuters)
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, on continuing concerns over the outlook for interest rates and a global economic slowdown. The rising geopolitical tensions between Washington and Beijing in recent days are also weighing on the markets. (RTT News)
World Bank chief David Malpass has announced he will step down in June, nearly a year before the end of his term.Malpass, who was nominated to his five-year term by former United States President Donald Trump in 2019, said on Wednesday he had decided to pursue new challenges after having the “enormous honour and privilege” of leading the international lender.. (Aljazeera News)