| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 15,547,392 | 836,340,988 | 99.99% |
| ETFs | 393 | 107,026 | 0.01% |
| Total | 15,547,785 | 836,448,014 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 836,340,988 worth of shares was traded on the NSX on Wednesday with about N$ 41,187,906 worth of Momentum Metropolitan Holdings and N$ 149,354 worth of Capricorn Group Limited on the home front. ETFs worth N$ 107,026 were traded on Wednesday
HEI Equity Research Commentary
From the trading activity that took place:
- Momentum Metropolitan’s share price declined as the market faced another aggressive bear condition
- On the local NSX listing, shares belonging to Capricorn Group Limited were traded with no change in share price at closing
- New Gold Issuer Ltd NM ETF was traded on the secondary bourse resulting in a sell-off in one transaction.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 40.00 | 40.00 | 0.00% |
| Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
| Capricorn | CGP | 11.01 | 11.01 | 0.00% |
| First Rand Namibia | FNB | 30.48 | 30.47 | -0.03% |
| Standard Bank Namibia | SNO | 4.20 | 4.20 | 0.00% |
| Oryx Limited | ORY | 10.27 | 10.27 | 0.00% |
| Letshego | LHN | 2.65 | 2.65 | 0.00% |
| Namibia Asset Management | NAM | 0.70 | 0.70 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 12.90 | 12.90 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.51 | 7.51 | 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 | 544.57 | 540.86 | -0.68% |
| B2Gold Corporation | B2G | 54.89 | 55.90 | 1.84% |
| Oceana Group Limited | OCG | 47.15 | 48.66 | 3.20% |
| Mediclinic International Plc | MEP | 96.30 | 96.80 | 0.52% |
| Truworths | TRW | 49.15 | 48.30 | -1.73% |
| Nedbank Group Limited | NBK | 209.73 | 209.64 | -0.04% |
| Standard Bank Group | SNB | 154.70 | 153.65 | -0.68% |
| Shoprite Holdings | SRH | 206.34 | 203.87 | -1.20% |
| FirstRand Limited | FST | 63.80 | 63.91 | 0.17% |
| Momentum Metropolitan Holdings | MMT | 14.71 | 14.60 | -0.75% |
| Old Mutual Ltd | OMM | 11.55 | 11.26 | -2.51% |
| Sanlam Limited | SLA | 54.61 | 53.87 | -1.36% |
| Santam Limited | SNM | 240.69 | 239.78 | -0.38% |
| Vukile Property Fund Limited | VKN | 13.59 | 13.70 | 0.81% |
| Investec Limited | IVD | 88.43 | 85.22 | -3.63% |
| PSG Konsult Limited | KFS | 11.25 | 11.10 | -1.33% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 272.38 | 272.82 | 0.16% |
| New Gold Palladium ETF | NGNPLD | 306.15 | 309.49 | 1.09% |
| New Gold Platinum ETF N | NGNPLT | 144.80 | 142.96 | -1.27% |
| New Funds S&P NAM Bond | NFNAMA | 16.59 | 16.69 | 0.60% |
Table 4: ETFs
| Exchange Rates | |
| USD/NAD | 17.12 |
| EUR/NAD | 17.43 |
| GBP/NAD | 20.51 |
| EUR/GBP | 0.84 |
| EUR/USD | 1.01 |
| GBP/USD | 1.19 |
| AUD/USD | 0.68 |
| USD/JPY | 138.23 |
| Commodities | |
| Gold | 1,695.25 |
| Silver | 18.59 |
| Platinum | 841.80 |
| Palladium | 1,861.50 |
| WTI | 99.83 |
| Brent | 106.73 |
Table 5: Exchange Rates and Commodities
Local News
The real value of building plans approved declined by 7.8% and 9.1% year-on-year and quarter-on-quarter, respectively, to N$502.4 million. (Namibian Sun)
While vulnerabilities exist, the Ministry of Finance (MoF), Bank of Namibia(BoN) and a local independent analyst do not agree that Namibia is at risk of default. (New Era Newspaper)
The private sector cannot lead growth, nor create more jobs in Namibia because it is disadvantaged as it is competing with public sector enterprises that are constantly bailed out, inefficient, loss-making, and monopolistic. (The Namibian)
Sub-Sahara News
Annual consumer inflation spiked to 7.4% in June, from 6.5% in May, Stats SA reported on Wednesday. (News24)
President Joe Biden announced on Wednesday that the United States will bring together leaders from across the African continent for a major summit in December in Washington to discuss pressing challenges from food security to climate change. (CNBC Africa)
President Cyril Ramaphosa has welcomed European Union (EU) Council President, Charles Michel’s pledge that commits the European Union to support Africa’s efforts to achieve food security. (All Africa News)
International News
The European Union told member states on Wednesday to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be reduced further and might even stop. (Reuters)
Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from global markets overnight, as hotter than expected US inflation data raised the prospect of more aggressive Federal Reserve tightening to rein in 41-year high inflation. (RTT News)
The European Union on Wednesday urged its 27 member states to reduce gas usage by 15 percent from August through March of next year, as concerns mount that Russia may cut off gas flow to the region. (Aljazeera News)