| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 234,587.00 | 8,035,316.39 | 95.25% |
| ETFs | 7,434.00 | 401,111.88 | 4.75% |
| Total | 242,021.00 | 8,436,428.27 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 8,035,316.39 worth of shares was traded on the NSX on Wednesday with about N$ 814,410 worth of shares belonging to Investec Limited and N$1,448,109 worth of shares belonging to Namibia Breweries. ETFs worth N$ 401,111.88 were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold shares belonging to Anglo-American resulting in a decrease in the company’s stock value by 1.1% at closing.
- Namibia Breweries shares were traded by market participants, resulting in a significant decline in share price by 3.03% at closing
- Satrix MSCI EMG Markets NM positions were sold off by investors.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 33.00 | 32.00 | -3.03% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 16.50 | 16.50 | 0.00% |
| First Rand Namibia | FNB | 50.00 | 50.00 | 0.00% |
| Standard Bank Namibia | SNO | 7.57 | 7.58 | 0.13% |
| Oryx Limited | ORY | 12.47 | 12.47 | 0.00% |
| Letshego | LHN | 3.89 | 3.90 | 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 | 12.72 | 12.72 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.18 | 7.18 | 0.00% |
| 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 | 481.98 | 478.70 | -0.68% |
| B2Gold Corporation | B2G | 62.89 | 62.86 | -0.05% |
| Oceana Group Limited | OCG | 72.35 | 72.78 | 0.59% |
| Truworths | TRW | 71.52 | 72.29 | 1.08% |
| Nedbank Group Limited | NBK | 200.58 | 198.70 | -0.94% |
| Standard Bank Group | SNB | 187.17 | 184.56 | -1.39% |
| Shoprite Holdings | SRH | 237.94 | 240.28 | 0.98% |
| Firstrand Limited | FST | 60.60 | 61.39 | 1.30% |
| Momentum Metropolitan Holdings | MMT | 20.57 | 20.46 | -0.53% |
| Old Mutual Ltd | OMM | 11.86 | 11.94 | 0.67% |
| Sanlam Limited | SLA | 66.35 | 67.21 | 1.30% |
| Santam Limited | SNM | 272.09 | 272.85 | 0.28% |
| Vukile Property Fund Limited | VKN | 12.50 | 12.35 | -1.20% |
| Investec Limited | IVD | 103.16 | 102.04 | -1.09% |
| PSG Konsult Limited | KFS | 14.10 | 14.03 | -0.50% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 347.66 | 350.46 | 0.81% |
| New Gold Palladium ETF | NGNPLD | 205.97 | 209.15 | 1.54% |
| New Gold Platinum ETF N | NGNPLT | 162.29 | 165.41 | 1.92% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.66 | 19.80 | 0.71% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 19.23 |
| EUR/NAD | 20.27 |
| GBP/NAD | 23.22 |
| EUR/GBP | 0.87 |
| EUR/USD | 1.05 |
| GBP/USD | 1.20 |
| AUD/USD | 0.62 |
| USD/JPY | 150.62 |
| Commodities @ 07:00 | |
| Gold | 1,996.05 |
| Silver | 23.08 |
| Platinum | 910.95 |
| Palladium | 1,132.28 |
| WTI | 84.75 |
| Brent | 89.50 |
Table 5: Exchange Rates and Commodities
Local News
Agra Ltd posted a profit of nearly N$92.1 million for the year ended 31 July 2023, about 22.8% higher than its previous financial year… (Sun Newspaper)
Green hydrogen (GH) could hold the most industrial potential to foster a meaningful structural transformation of Namibia’s economic base… (New Era Newspaper)
Namibia Police Inspector General Joseph Shikongo said among the factors contributing to human trafficking in Namibia is the country’s high rate of poverty and unemployment, which causes families to sell their children to traffickers to generate income… (The Namibian Newspaper)
Sub-Sahara News
Public Enterprises Minister Pravin Gordhan has dismissed accusations of “political meddling” at troubled state-owned enterprises, Transnet and Eskom… (News24)
Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions… (CNBC Africa)
The World Bank Board supports the Government of South Africa’s efforts to promote long-term energy security and a low carbon transition with a $1 billion Development Policy Loan (DPL)… (AllAfrica News)
International News
Israel bombarded the Gaza Strip as it prepared for a ground invasion it says is aimed at annihilating the Palestinian militant group Hamas as Russia warned the conflict could spread beyond the Middle East… (Reuters News)
European stocks may drift lower on Thursday despite strong earnings from Meta Platforms Inc. and IBM… (RTT News)
The United States is firmly resisting calls for a ceasefire in Gaza, but as the war rages on — killing thousands and risking an all-out regional conflict — questions are arising over its aims in backing the Israeli offensive… (Aljazeera News)