| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 151,948 | 13,758,155 | 96.17% |
| ETFs | 3,927 | 547,849 | 3.83% |
| Total | 155,875 | 14,306,004 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 13,758,155 worth of shares was traded on the NSX on Wednesday, with about N$ 6,525,445 worth of Anglo-American, N$ 133,280 worth of B2Gold Corporation and N$ 814,445 of Namibia Breweries on the home front. ETFs worth N$ 547,849 were traded on Wednesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American share price increased aimed the sale transaction of its shareholding in Thungela Resources
- Shares belonging to B2Gold Corporation increased in share price
- On the NSX local listing, Namibia Breweries shares were traded by market participants, with an increase in share price
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 45.00 | 45.01 | 0.02% |
| Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
| Capricorn | CGP | 13.99 | 13.99 | 0.00% |
| First Rand Namibia | FNB | 29.50 | 29.50 | 0.00% |
| Standard Bank Namibia | SNO | 5.40 | 5.40 | 0.00% |
| Oryx Limited | ORY | 10.20 | 10.20 | 0.00% |
| Letshego | LHN | 2.50 | 2.50 | 0.00% |
| Namibia Asset Management | NAM | 0.66 | 0.66 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 13.00 | 13.00 | 0.00% |
| Mobile Telecommunication Company | MOC | 8.00 | 8.00 | 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 | 723.16 | 752.88 | 4.11% |
| B2Gold Corporation | B2G | 66.61 | 66.64 | 0.05% |
| Oceana Group Limited | OCG | 59.90 | 56.50 | -5.68% |
| Mediclinic International Plc | MEP | 70.15 | 69.22 | -1.33% |
| Truworths | TRW | 58.50 | 58.05 | -0.77% |
| Nedbank Group Limited | NBK | 239.88 | 235.87 | -1.67% |
| Standard Bank Group | SNB | 185.00 | 183.00 | -1.08% |
| Shoprite Holdings | SRH | 237.64 | 236.31 | -0.56% |
| FirstRand Limited | FST | 77.75 | 76.00 | -2.25% |
| Momentum Metropolitan Holdings | MMT | 17.60 | 17.49 | -0.63% |
| Old Mutual Ltd | OMM | 13.97 | 14.02 | 0.36% |
| Sanlam Limited | SLA | 72.04 | 72.32 | 0.39% |
| Santam Limited | SNM | 282.56 | 282.56 | 0.00% |
| Vukile Property Fund Limited | VKN | 13.57 | 14.18 | 4.50% |
| Investec Limited | IVD | 97.04 | 97.52 | 0.49% |
| PSG Konsult Limited | KFS | 13.30 | 13.30 | 0.00% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Palladium ETF | NGNPLD | 259.48 | 261.48 | 0.77% |
| New Gold Platinum ETF N | NGNPLT | 294.04 | 314.40 | 6.92% |
| New Funds S&P NAM Bond | NFNAMA | 136.60 | 139.91 | 2.42% |
Table 4: ETFs
| Exchange Rates | |
| USD/ZAR | 14.51 |
| EUR/ZAR | 16.20 |
| GBP/ZAR | 19.05 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.11 |
| GBP/USD | 1.30 |
| AUD/USD | 0.74 |
| USD/JPY | 122.07 |
| Commodities | |
| Gold | 1,922.80 |
| Silver | 24.74 |
| Platinum | 985.15 |
| Palladium | 2,254.02 |
| WTI | 102.14 |
| Brent | 106.73 |
Table 5: Exchange Rates and Commodities
Local News
Namibia’s housing crisis is one of epic proportions, compounded by challenges ranging from slow land delivery. High land prices and over-regulation of statutory processes. (Namibian Sun)
Namibian white sugar prices are set to increase by 20% from 7 April 2022, there by adding more pressure on consumers already faced with rising food prices. (New Era Newspaper)
Former defence minister Charles Namoloh expects Swapo’s tradition of elevating vice presidents at this year’s congress- a prediction that is seen as a direct endorsement of the deputy prime minister Nandi-Ndaitwah for the ruling party’s leadership. (The Namibian)
Sub-Sahara News
Material uncertainties, including whether its strategic equity partnership with the Takatso consortium will get the necessary approvals, “may cast significant doubt on the South African Airways (SAA) group’s ability to continue as a going concern”, according to a report by the Auditor-General. (News24)
Ghana will start producing its own COVID-19 vaccines in January 2024, President Nana Akufo-Addo said on Wednesday in his State of the Nation Address in parliament. (CNBC Africa)
Convoys carrying much-needed humanitarian supplies to Ethiopia’s northern Tigray region are still stuck in Semera, the capital of the neighboring Afar, despite Ethiopia’s government declaring a unilateral humanitarian truce on March 24. (All Africa News)
International News
Indian authorities are actively considering dedicated payment mechanisms for trade with Russia to enable existing trade obligations in the wake of sanctions imposed on the Kremlin, a move that will also pave the way for cheaper oil imports to meet the country’s energy demands. (Aljazeera News)
European stocks were steady on Thursday as U.S. President Joe Biden arrived in Brussels for meetings of the NATO alliance. (RTT News)
The Biden administration is considering releasing up to 180 million barrels of oil over several months from the Strategic Petroleum Reserve (SPR), four U.S. sources said on Wednesday, as the White House tries to lower fuel prices. (Reuters)