| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 15,060.00 | 2,796,199.13 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 15,060.00 | 2,796,199.13 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 2,796,199.13 worth of shares was traded on the NSX on Wednesday with about N$ 2,376,062 worth of shares belonging to Anglo-American plc and N$ 68,553 worth of Mobile Telecommunications Limited shares on the home front. No ETFs were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American’s share performance on the overall bourse still remains below the N$700 price level
- Mobile Telecommunications Limited shares were subscribed by market participants resulting in a slight increase in share price by 0.28%
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 46.01 | 46.01 | 0.00% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 13.79 | 13.79 | 0.00% |
| First Rand Namibia | FNB | 33.53 | 33.53 | 0.00% |
| Standard Bank Namibia | SNO | 5.19 | 5.19 | 0.00% |
| 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 | 7.07 | 7.09 | 0.28% |
| 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 | 699.29 | 669.99 | -4.19% |
| B2Gold Corporation | B2G | 60.29 | 59.54 | -1.24% |
| Oceana Group Limited | OCG | 69.20 | 71.25 | 2.96% |
| Mediclinic International Plc | MEP | 109.50 | 109.56 | 0.05% |
| Truworths | TRW | 67.00 | 67.52 | 0.78% |
| Nedbank Group Limited | NBK | 229.78 | 234.53 | 2.07% |
| Standard Bank Group | SNB | 177.25 | 184.13 | 3.88% |
| Shoprite Holdings | SRH | 228.39 | 227.57 | -0.36% |
| FirstRand Limited | FST | 65.05 | 65.39 | 0.52% |
| Momentum Metropolitan Holdings | MMT | 19.41 | 19.64 | 1.18% |
| Old Mutual Ltd | OMM | 11.89 | 11.60 | -2.44% |
| Sanlam Limited | SLA | 58.16 | 57.80 | -0.62% |
| Santam Limited | SNM | 288.36 | 286.21 | -0.75% |
| Vukile Property Fund Limited | VKN | 12.78 | 12.80 | 0.16% |
| Investec Limited | IVD | 115.17 | 115.16 | -0.01% |
| PSG Konsult Limited | KFS | 12.33 | 12.32 | -0.08% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 312.54 | 310.47 | -0.66% |
| New Gold Palladium ETF | NGNPLD | 269.96 | 264.46 | -2.04% |
| New Gold Platinum ETF N | NGNPLT | 164.36 | 167.74 | 2.06% |
| New Funds S&P NAM Bond | NFNAMA | 18.11 | 18.16 | 0.28% |
Table 4: ETFs
| Exchange Rates @ 08:00 | |
| USD/NAD | 18.23 |
| EUR/NAD | 19.35 |
| GBP/NAD | 21.98 |
| EUR/GBP | 0.88 |
| EUR/USD | 1.06 |
| GBP/USD | 1.20 |
| AUD/USD | 0.68 |
| USD/JPY | 134.84 |
| Commodities @ 08:00 | |
| Gold | 1,836.35 |
| Silver | 21.61 |
| Platinum | 954.25 |
| Palladium | 1,477.28 |
| WTI | 74.31 |
| Brent | 80.94 |
Table 5: Exchange Rates and Commodities
Local News
Development Bank of Namibia (DBN) Head of Marketing and Corporate Communication, Jerome Mutumba, has announced a donation of N$1 million to strengthen maternity facilities with construction of a maternity ward at Rupara Health Centre in Kavango West Region. (Sun Newspaper)
Otjinene village in the Omaheke region has been experiencing a relatively high investor inflow for the past years. Otjinene Village Council CEO Ingenesia Kaveterua said this is mainly due to the village’s comparative strategic location.. (New Era Newspaper)
Finance Minister Shiimi stated that the country has a better revenue forecasts, as it collected over 16.5% higher than the revised estimates of revenue (HEI Research)
Sub-Sahara News
Finance Minister Enoch Godongwana tabled the Budget in Parliament on Wednesday, where he noted that the spending plans are mostly for strategic projects in transport and water and sanitation. (News24)
Eskom’s dollar-denominated bonds rose on Wednesday, after South Africa’s Treasury said the government would take on part of the struggling state-owned power utility’s $22 billion debt. (CNBC Africa)
The Supreme Court on Wednesday fixed 3 March for judgement in a suit filed by some state governments challenging the federal government’s naira redesign policy. (All Africa News)
International News
The last remaining treaty that limits Russian and U.S. nuclear weapons was already in grave peril before President Vladimir Putin announced on Tuesday that Moscow was suspending its participation. (Reuters)
Markets in Europe are expected to open on a strong note on Thursday tracking the bullish momentum in the Asian markets as well as the rally in Wall Street, a day earlier. (RTT News)
A team of influential economists has urged China to adopt a new development model based on “wellbeing” rather than gross domestic product (GDP) growth to fulfil its 2060 net-zero emissions goals and head off the mounting threats of climate change (Aljazeera News)