| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 51,212.00 | 4,160,630.51 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 51,212.00 | 4,160,630.51 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 4,160,630.51 worth of shares was traded on the NSX on Wednesday with about N$ 1,367,152 worth of shares belonging to Anglo-American plc and N$ 417,178 worth of Namibia Breweries on the home front. No ETFs were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American’s share price plummet as one-third of the share award will be released in March 2024
- Shares belonging to Namibia Breweries were traded on the local bourse with no change in share price at closing.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 46.02 | 46.02 | 0.00% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 13.82 | 13.82 | 0.00% |
| First Rand Namibia | FNB | 34.06 | 34.06 | 0.00% |
| Standard Bank Namibia | SNO | 5.20 | 5.20 | 0.00% |
| Oryx Limited | ORY | 11.49 | 11.49 | 0.00% |
| Letshego | LHN | 3.75 | 3.75 | 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 | 12.84 | 12.84 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.08 | 7.08 | 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 | 592.12 | 589.19 | -0.49% |
| B2Gold Corporation | B2G | 67.07 | 66.38 | -1.03% |
| Oceana Group Limited | OCG | 71.00 | 70.92 | -0.11% |
| Mediclinic International Plc | MEP | 112.28 | 111.55 | -0.65% |
| Truworths | TRW | 52.45 | 51.68 | -1.47% |
| Nedbank Group Limited | NBK | 207.96 | 212.91 | 2.38% |
| Standard Bank Group | SNB | 165.15 | 167.79 | 1.60% |
| Shoprite Holdings | SRH | 215.70 | 216.11 | 0.19% |
| FirstRand Limited | FST | 60.91 | 62.20 | 2.12% |
| Momentum Metropolitan Holdings | MMT | 17.67 | 18.04 | 2.09% |
| Old Mutual Ltd | OMM | 10.88 | 11.02 | 1.29% |
| Sanlam Limited | SLA | 54.20 | 55.06 | 1.59% |
| Santam Limited | SNM | 283.35 | 277.70 | -1.99% |
| Vukile Property Fund Limited | VKN | 13.17 | 12.79 | -2.89% |
| Investec Limited | IVD | 99.42 | 100.76 | 1.35% |
| PSG Konsult Limited | KFS | 12.10 | 12.26 | 1.32% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 340.04 | 333.00 | -2.07% |
| New Gold Palladium ETF | NGNPLD | 250.72 | 258.34 | 3.04% |
| New Gold Platinum ETF N | NGNPLT | 175.62 | 174.12 | -0.85% |
| New Funds S&P NAM Bond | NFNAMA | 18.25 | 18.31 | 0.33% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.15 |
| EUR/NAD | 19.80 |
| GBP/NAD | 22.37 |
| EUR/GBP | 0.88 |
| EUR/USD | 1.09 |
| GBP/USD | 1.23 |
| AUD/USD | 0.67 |
| USD/JPY | 130.66 |
| Commodities @ 07:00 | |
| Gold | 1,979.50 |
| Silver | 23.12 |
| Platinum | 997.45 |
| Palladium | 1,438.53 |
| WTI | 70.16 |
| Brent | 76.03 |
Table 5: Exchange Rates and Commodities
Local News
Executive director of the information ministry, Dr. Audrin Mathe, has hit back at British high commissioner to Namibia Charles Moore’s assertion that there’s no risk in Namibia granting citizenship to a boy whose fathers are in a same-sex marriage. (Sun Newspaper)
President Hage Geingob will soon lead a team to the Leonardville area, where a Russian company hopes to extract uranium, to listen to all concerned parties and debate on the controversial mining operations in the area. (New Era Newspaper)
The Nama Traditional Leaders Association (NTLA) has slammed the Namdia Foundation’s lack of support with regards to hosting a genocide remembrance slated for 21 and 22 April at Shark Island, at Lüderitz in the ||Kharas region. (The Namibian Newspaper)
Sub-Sahara News
Engagements with management at five of Eskom’s coal-fired power plants so far suggest it is technical and investment issues, and not corruption, adversely affecting the performance of the utility’s fleet, the newly appointed minister of electricity has said. (News24)
Chinese battery minerals producer Zhejiang Huayou Cobalt 603799.SS said on Wednesday it had started trial production of lithium concentrates at its Arcadia mine in Zimbabwe (CNBC Africa)
A US Embassy report on Zimbabwe’s human rights situation has described the government as not willing to reform, involved in massive disregard for basic tenets of democracy and continuously repeating mistakes highlighted by observers five years ago. (All Africa News)
International News
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks. (Reuters)
Asian stocks ended broadly lower on Thursday as concerns grew about the health of the global banking system. Investor attention also moved to central bank meetings and regulatory action to shore up confidence and avoid a repeat of the 2008 financial crisis. (RTT News)
The Saudi Arabian and Iranian foreign ministers spoke by phone to mark the beginning of Ramadan and have agreed to meet “soon” to start the process of re-opening embassies and consulates, according to Saudi Arabia’s foreign affairs ministry. (Aljazeera News)