| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 32,253.00 | 2,319,689.86 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 32,253.00 | 2,319,689.86 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 2,319,689.86 worth of shares was traded on the NSX on Wednesday with about N$ 328,038 worth of shares belonging to Anglo-American and N$ 7,080 worth of Mobile Telecommunications Limited on the home front. No ETFs were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Anglo-American’s shares were sold off by market participants on the overall bourse, resulting in a 0.9% increase in share price at closing
- The shares owned by Mobile Telecommunications were traded on the domestic stock exchange, causing no change in share price at the end of the trading day.
| 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 | 37.00 | 37.00 | 0.00% |
| Standard Bank Namibia | SNO | 8.45 | 8.45 | 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 | 12.81 | 12.81 | 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 | 579.12 | 584.19 | 0.88% |
| B2Gold Corporation | B2G | 70.90 | 72.83 | 2.72% |
| Oceana Group Limited | OCG | 70.50 | 71.00 | 0.71% |
| Mediclinic International Plc | MEP | 111.29 | 110.79 | -0.45% |
| Truworths | TRW | 53.48 | 54.08 | 1.12% |
| Nedbank Group Limited | NBK | 215.93 | 216.70 | 0.36% |
| Standard Bank Group | SNB | 175.04 | 174.27 | -0.44% |
| Shoprite Holdings | SRH | 223.96 | 224.47 | 0.23% |
| FirstRand Limited | FST | 62.27 | 60.75 | -2.44% |
| Momentum Metropolitan Holdings | MMT | 18.25 | 17.88 | -2.03% |
| Old Mutual Ltd | OMM | 11.70 | 11.79 | 0.77% |
| Sanlam Limited | SLA | 56.51 | 57.08 | 1.01% |
| Santam Limited | SNM | 288.90 | 286.92 | -0.69% |
| Vukile Property Fund Limited | VKN | 12.47 | 12.56 | 0.72% |
| Investec Limited | IVD | 97.50 | 99.37 | 1.92% |
| PSG Konsult Limited | KFS | 12.50 | 12.35 | -1.20% |
Table 3: Dual-Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 333.13 | 332.11 | -0.31% |
| New Gold Palladium ETF | NGNPLD | 249.02 | 252.35 | 1.34% |
| New Gold Platinum ETF N | NGNPLT | 169.80 | 168.75 | -0.62% |
| New Funds S&P NAM Bond | NFNAMA | 18.45 | 18.50 | 0.27% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.11 |
| EUR/NAD | 19.63 |
| GBP/NAD | 22.29 |
| EUR/GBP | 0.88 |
| EUR/USD | 1.08 |
| GBP/USD | 1.23 |
| AUD/USD | 0.66 |
| USD/JPY | 132.56 |
| Commodities @ 07:00 | |
| Gold | 1,979.40 |
| Silver | 23.39 |
| Platinum | 978.45 |
| Palladium | 1,440.00 |
| WTI | 72.82 |
| Brent | 77.38 |
Table 5: Exchange Rates and Commodities
Local News
Disgruntled Rundu mayor Gabriel Kanyanga this week informed electricity distributor Nored that the local authority would happily cut ties with it if it does not shape up its operations. (Sun Newspaper)
Namibia cemented itself as a force to be reckoned with as the country took the first step to making green hydrogen production a reality. The country on Monday afternoon launched the first phase of the Daures Green Hydrogen Village in the shadows of the Brandberg mountains. (New Era Newspaper)
The loss-making state broadcaster, the Namibian Broadcasting Corporation (NBC), has been allocated N$392 million for the 2023/24 financial year. (The Namibian Newspaper)
Sub-Sahara News
In the unlikely event of a grid collapse, South Africa’s largest mining companies have plans in place to successfully manage through such a disaster. (News24)
Bitcoin climbed sharply Wednesday as investors shrugged off initial fears surrounding U.S. regulators’ crackdowns on industry giants and became willing to take some risk. (CNBC Africa)
South Africa’s department of home affairs has announced the extension of the blanket concession for long-term visa or waiver applicants who are awaiting outcomes of their applications to the end of December 2023 (All Africa News)
International News
Taiwan’s President Tsai Ing-wen arrived in New York on a sensitive U.S. stopover on Wednesday, vowing en route not to let external pressure prevent the island from engaging with the world after China threatened retaliation if she met U.S. House Speaker Kevin McCarthy (Reuters)
European stocks may open mixed on Thursday taking cues from Asian markets following broadly negative Wall Street trading overnight, amid U.S. Federal Reserve’s rate hike move that was widely expected. (RTT News)
Malaysia’s Anwar Ibrahim is expected to navigate between deepening economic ties with his country’s biggest trading partner and tackling thorny issues such as the South China Sea during his first visit to China as prime minister, analysts say. (Aljazeera News)