| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 1,020,934 | 18,306,865 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 1,020,934 | 18,306,865 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 18,306,865 worth of shares was traded on the NSX on Tuesday, with about N$ 217,860 worth of Shoprite Holdings, and N$ 126,510 of Letshego Holdings (Namibia) Ltd on the home front. No ETFs were traded on Tuesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Shoprite Holdings share price reduced as sell-off trend develops in the retail sector
- On the NSX local listing, Letshego Holdings (Namibia) Ltd shares were bought with a decline in share price
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 40.01 | 40.01 | 0.00% |
| Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
| Capricorn | CGP | 13.30 | 13.30 | 0.00% |
| First Rand Namibia | FNB | 30.04 | 29.51 | -1.76% |
| Standard Bank Namibia | SNO | 4.50 | 4.50 | 0.00% |
| Oryx Limited | ORY | 10.21 | 10.21 | 0.00% |
| Letshego | LHN | 2.51 | 2.50 | -0.40% |
| Namibia Asset Management | NAM | 0.67 | 0.67 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 12.01 | 12.01 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.54 | 7.52 | -0.27% |
| 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 | 651.00 | 658.41 | 1.14% |
| B2Gold Corporation | B2G | 70.13 | 67.04 | -4.41% |
| Oceana Group Limited | OCG | 55.68 | 54.40 | -2.30% |
| Mediclinic International Plc | MEP | 75.04 | 75.02 | -0.03% |
| Truworths | TRW | 55.23 | 56.67 | 2.61% |
| Nedbank Group Limited | NBK | 217.13 | 217.22 | 0.04% |
| Standard Bank Group | SNB | 168.60 | 168.02 | -0.34% |
| Shoprite Holdings | SRH | 232.80 | 231.06 | -0.75% |
| FirstRand Limited | FST | 67.85 | 68.30 | 0.66% |
| Momentum Metropolitan Holdings | MMT | 16.70 | 16.53 | -1.02% |
| Old Mutual Ltd | OMM | 12.11 | 12.19 | 0.66% |
| Sanlam Limited | SLA | 67.60 | 68.32 | 1.07% |
| Santam Limited | SNM | 282.14 | 288.13 | 2.12% |
| Vukile Property Fund Limited | VKN | 13.28 | 13.32 | 0.30% |
| Investec Limited | IVD | 95.60 | 94.85 | -0.78% |
| PSG Konsult Limited | KFS | 13.41 | 13.70 | 2.16% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 275.72 | 282.13 | 2.32% |
| New Gold Palladium ETF | NGNPLD | 328.19 | 338.87 | 3.25% |
| New Gold Platinum ETF N | NGNPLT | 139.91 | 141.00 | 0.78% |
| New Funds S&P NAM Bond | NFNAMA | 16.30 | 16.31 | 0.06% |
Table 4: ETFs
| Exchange Rates | |
| USD/ZAR | 15.82 |
| EUR/ZAR | 16.85 |
| GBP/ZAR | 19.93 |
| EUR/GBP | 0.84 |
| EUR/USD | 1.06 |
| GBP/USD | 1.25 |
| AUD/USD | 0.71 |
| USD/JPY | 127.72 |
| Commodities | |
| Gold | 1,898.25 |
| Silver | 23.77 |
| Platinum | 912.65 |
| Palladium | 2,191.77 |
| WTI | 102.08 |
| Brent | 105.21 |
Table 5: Exchange Rates and Commodities
Local News
The Namibia Agricultural Union (NAU) says the proposed bill on the regulation of foreign ownership of land in Namibia by the Affirmative Repositioning (AR) movement. (Namibian Sun)
Students at the University of Namibia’s Ogongo Campus are devastated as months and sometimes years pass with no lecturers for some subjects on campus. (New Era Newspaper)
City of Windhoek executives are against a proposal by a private company that cheaply bought a N$ 10 million plot from the council in 2016 to sell it on to a state-owned agency- warning that could set a dangerous precedent. (The Namibian)
Sub-Sahara News
Funding for South Africa’s just energy transition should not negatively impact the country’s fiscal position and borrowing programmes, says Daniel Mminele, head of the Presidential Climate Finance Task Team. (News24)
Zambian President Hakainde Hichilema thanked China on Monday for joining international efforts to help his country to restructure its debt after China committed to joining Zambia’s creditor committee at International Monetary Fund meetings last week. (CNBC Africa)
Sasol, the producer of fuel products and chemicals from coal, has said the impact of the KwaZulu-Natal floods may affect its fourth-quarter volume outlook. The firm has also declared a force majeure on the export of some chemicals products. (All Africa News)
International News
Polish and Bulgarian officials say Russia is cutting off gas deliveries to their countries after their refusal to pay in Russian roubles, a demand made by President Vladimir Putin as the West tightened sanctions over the war in Ukraine. (Aljazeera News)
European bourses are expected to open on a cautious note on Wednesday as sentiments remain weak amidst worries of a global slowdown and pain-points from the war in Eastern Europe. (RTT News)
The second round of COVID-19 testing in Beijing’s largest district began on Wednesday, with this week’s campaign to screen most of the Chinese capital’s 22 million residents so far detecting less than three dozen new infections a day. (Reuters)