| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 108,617.00 | 9,885,837.63 | 31.27% |
| ETFs | 79,308.00 | 21,732,554.56 | 68.73% |
| Total | 187,925.00 | 31,618,392.19 | 100.00% |
NSX Activities
A total of N$ 9,885,837.63 worth of shares was traded on the NSX on Tuesday with about N$ 3,832,942 worth of shares belonging to Anglo-American plc and N$ 16,800 worth of shares belonging to Capricorn Group Limited on the home front. ETFs worth N$ 21,732,554.56 were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold off Anglo-American shares, leading to a -2.2% decline in the company’s stock value.
- Market participants actively traded Capricorn Group shares on the domestic market, resulting in no change in share price.
- All ETFs were actively traded resulting in mixed market behavior as investors readjust their portfolio
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 35.99 | 35.99 | 0.00% |
| Nictus Holdings | NHL | 1.90 | 1.90 | 0.00% |
| Capricorn | CGP | 14.00 | 14.00 | 0.00% |
| First Rand Namibia | FNB | 41.00 | 41.00 | 0.00% |
| Standard Bank Namibia | SNO | 7.00 | 7.00 | 0.00% |
| Oryx Limited | ORY | 11.97 | 11.97 | 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 | 12.79 | 12.79 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.10 | 7.08 | -0.28% |
| Alpha Namibia Industries Renewable Power Limited | ANE | 8.99 | 8.99 | 0.00% |
| Name | South African Dual-Listed Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Anglo-American plc | ANM | 571.22 | 558.50 | -2.23% |
| B2Gold Corporation | B2G | 73.69 | 74.06 | 0.50% |
| Oceana Group Limited | OCG | 70.25 | 72.50 | 3.20% |
| Mediclinic International Plc | MEP | 118.30 | 118.30 | 0.00% |
| Truworths | TRW | 48.87 | 47.17 | -3.48% |
| Nedbank Group Limited | NBK | 209.40 | 205.55 | -1.84% |
| Standard Bank Group | SNB | 151.64 | 149.10 | -1.68% |
| Shoprite Holdings | SRH | 200.56 | 194.40 | -3.07% |
| FirstRand Limited | FST | 60.21 | 59.47 | -1.23% |
| Momentum Metropolitan Holdings | MMT | 17.75 | 17.58 | -0.96% |
| Old Mutual Ltd | OMM | 10.71 | 10.76 | 0.47% |
| Sanlam Limited | SLA | 52.61 | 51.84 | -1.46% |
| Santam Limited | SNM | 263.30 | 260.00 | -1.25% |
| Vukile Property Fund Limited | VKN | 11.94 | 12.09 | 1.26% |
| Investec Limited | IVD | 101.53 | 99.42 | -2.08% |
| PSG Konsult Limited | KFS | 11.70 | 11.85 | 1.28% |
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 356.46 | 359.35 | 0.81% |
| New Gold Palladium ETF | NGNPLD | 270.42 | 265.73 | -1.73% |
| New Gold Platinum ETF N | NGNPLT | 194.97 | 193.68 | -0.66% |
| New Funds S&P NAM Bond | NFNAMA | 18.35 | 18.30 | -0.27% |
| Exchange Rates @ 07:00 | |
| USD/NAD | 19.77 |
| EUR/NAD | 21.13 |
| GBP/NAD | 24.48 |
| EUR/GBP | 0.86 |
| EUR/USD | 1.06 |
| GBP/USD | 1.23 |
| AUD/USD | 0.64 |
| USD/JPY | 139.44 |
| Commodities @ 07:00 | |
| Gold | 1,978.75 |
| Silver | 23.55 |
| Platinum | 1,017.95 |
| Palladium | 1.408.03 |
| WTI | 69.19 |
| Brent | 73.44 |
Local News
Angolan national oil company Sonangol has refunded N$524 million to Sungara Energies, a London-based joint venture entity co-owned by the National Petroleum Corporation of Namibia (Namcor). This after allegations that the money paid to the Angolan entity was not appropriately approved in Namibia (Sun Newspaper)
A fresh tug-of-war has erupted between MTC and the industry regulator, the Communication Regulatory Authority of Namibia, in the protracted legal tussles between the two parastatals. (New Era Newspaper)
The government said it has to cautiously ponder the acquisition of a 24% equity stake in Hyphen Hydrogen Energy, as it grapples with concerns about the economic viability of the venture. (The Namibian Newspaper)
Sub-Sahara News
Volume declines and a profit squeeze saw shares in Tiger Brands crashing more than 16% on Tuesday as it grappled with the worst consumer environment in 25 years and made plans to deal with Stage 10 load shedding. (News24)
The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa’s economic powerhouse confronts high debts and a weakening currency. (CNBC Africa)
Officials from Blantyre District Health Office say over 3000 girls and women carried out unsafe abortions in Blantyre in the year 2022, leading to four deaths, renewing calls for legalization of abortion in the country. (AllAfrica News)
International News
The Qatari prime minister held secret talks with the supreme leader of the Taliban this month on resolving tension with the international community, a source briefed on the meeting said, signaling a new willingness by Afghanistan’s rulers to discuss ways to end their isolation (Reuters News)
European stocks tumbled on Wednesday as U.S. debt ceiling talks dragged on and investors waited for the minutes from the Federal Reserve’s meeting earlier in May for additional clues on the Fed’s rate hike path. (RTT News)
North Korea’s attempt to launch its first military spy satellite has ended in failure after the rocket “crashed into the sea” and Seoul recovered some of the debris, state media said. (Aljazeera News)