| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 1,715,279.00 | 116,004,677.21 | 98.89% |
| ETFs | 19,763.00 | 1,307,479.76 | 1.11% |
| Total | 1,735,042.00 | 117,312,156.97 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 116,004,677.21 worth of shares was traded on the NSX on Tuesday with about N$ 161,252 worth of shares belonging to Anglo-American plc and N$ 537,826 worth of shares belonging to Namibia Breweries. ETFs worth N$ 1,307,479.76 were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold shares belonging to Anglo-American resulting in a decline in the company’s stock value by 1.5% at closing.
- Namibia Breweries shares were traded by market participants, resulting in a decline in share price by 0.3% at closing
- Satrix MSCI EMG Markets NM & Satrix MSCI World Feeder NM ETs encountered market activity after a while being dormant
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 36.59 | 36.49 | -0.27% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 16.50 | 16.51 | 0.06% |
| First Rand Namibia | FNB | 50.00 | 50.00 | 0.00% |
| Standard Bank Namibia | SNO | 7.56 | 7.58 | 0.26% |
| Oryx Limited | ORY | 12.49 | 12.48 | -0.08% |
| Letshego | LHN | 3.88 | 3.89 | 0.26% |
| Namibia Asset Management | NAME | 0.70 | 0.70 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 12.74 | 12.73 | -0.08% |
| Mobile Telecommunication Company | MOC | 7.17 | 7.18 | 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 | 525.43 | 518.10 | -1.40% |
| B2Gold Corporation | B2G | 60.26 | 59.89 | -0.61% |
| Oceana Group Limited | OCG | 72.69 | 72.55 | -0.19% |
| Truworths | TRW | 74.62 | 72.12 | -3.35% |
| Nedbank Group Limited | NBK | 206.03 | 206.82 | 0.38% |
| Standard Bank Group | SNB | 187.63 | 192.00 | 2.33% |
| Shoprite Holdings | SRH | 238.25 | 234.80 | -1.45% |
| Firstrand Limited | FST | 61.11 | 62.03 | 1.51% |
| Momentum Metropolitan Holdings | MMT | 20.63 | 20.49 | -0.68% |
| Old Mutual Ltd | OMM | 12.35 | 12.32 | -0.24% |
| Sanlam Limited | SLA | 67.32 | 67.37 | 0.07% |
| Santam Limited | SNM | 282.00 | 273.47 | -3.02% |
| Vukile Property Fund Limited | VKN | 12.64 | 12.86 | 1.74% |
| Investec Limited | IVD | 107.53 | 108.03 | 0.46% |
| PSG Konsult Limited | KFS | 14.26 | 14.13 | -0.91% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 335.16 | 336.13 | 0.29% |
| New Gold Palladium ETF | NGNPLD | 207.53 | 205.47 | -0.99% |
| New Gold Platinum ETF N | NGNPLT | 160.79 | 162.25 | 0.91% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.66 | 19.66 | 0.00% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.70 |
| EUR/NAD | 19.80 |
| GBP/NAD | 22.83 |
| EUR/GBP | 0.86 |
| EUR/USD | 1.05 |
| GBP/USD | 1.22 |
| AUD/USD | 0.63 |
| USD/JPY | 149.61 |
| Commodities @ 07:00 | |
| Gold | 1,951.25 |
| Silver | 23.31 |
| Platinum | 910.95 |
| Palladium | 1,150.78 |
| WTI | 87.19 |
| Brent | 91.57 |
Table 5: Exchange Rates and Commodities
Local News
President Hage Geingob says countries can only advance their economies and meet the plight of their people if they adopt a healthy and robust energy mix. (Sun Newspaper)
August 26 Logistics managing director Salatiel Ntinda has been dismissed.This is while chief financial officer (CFO) Karel Nel resigned after an internal investigation found the two men guilty of their roles in the disappearance of N$2.5 million from the military-owned entity. (New Era Newspaper)
Various governors and chairpersons of regional councils have called for the government’s moratorium on the procurement of new vehicles for government offices, ministries, and agencies to be lifted. (The Namibian Newspaper)
Sub-Sahara News
As South Africa searches for solutions to its ongoing energy crisis, Russian energy companies, Gazprom and Rosatom, have expressed an eagerness to collaborate with the country to address load shedding. (News24)
Amazon AMZN.O said on Tuesday it would launch its online shopping service in South Africa next year, making it only the second African country after Egypt where the U.S. e-commerce giant has set up a locally dedicated website (CNBC Africa)
In the 2023 financial year, Shoprite CEO Pieter Engelbrecht received a total pay package of R64.66 million, while Woolworths CEO Roy Bagattini earned a staggering R122.4 million in the same period, (AllAfrica News)
International News
A strike on a Gaza hospital killed hundreds of Palestinians, deepening tensions in the Middle East and raising the stakes for U.S. President Joe Biden as he flies to Israel on Wednesday to signal support for its war against Hamas. (Reuters News)
Asian stocks hit two-week highs on Wednesday as investors cheered dovish Fed talk as well as reports that China is mulling fresh stimulus to boost slowing growth in the world’s second-largest economy. (RTT News)
Israel and Spain are embroiled in a diplomatic row after some Spanish ministers were accused by Israel of siding with Hamas in the Middle East conflict, a claim rejected by Madrid. (Aljazeera News)