| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 343,050.00 | 21,681,709.44 | 93.69% |
| ETFs | 9,114.00 | 1,461,187.14 | 6.31% |
| Total | 352,164.00 | 23,142,896.58 | 100.00% |
Table 1: NSX Trades
NSX Activities
A total of N$ 21,681,709.44 worth of shares was traded on the NSX on Friday with about N$ 1,305,923 worth of Anglo-American plc and N$ 26,105 worth of SBN Holdings Ltd on the home front. ETFs worth N$ 1,461,187.14 were traded on Friday
HEI Market Commentary
From the trading activity that took place:
- Anglo-Americans declined as concerns about stubborn inflation, higher interest rates continue to impact risk sentiments on the last day of the month
- Shares belonging to SBN Holdings Ltd were traded by market participants resulting in a minor decline in share price
- New Gold Platinum ETF N and New Gold Issuer Ltd NM were subscribed as investors try to hedge against unforeseen economic headwinds
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 42.50 | 42.51 | 0.02% |
| Nictus Holdings | NHL | 1.75 | 1.75 | 0.00% |
| Capricorn | CGP | 11.31 | 11.35 | 0.35% |
| First Rand Namibia | FNB | 30.53 | 30.53 | 0.00% |
| Standard Bank Namibia | SNO | 4.75 | 4.70 | -1.05% |
| Oryx Limited | ORY | 10.26 | 10.26 | 0.00% |
| Letshego | LHN | 2.67 | 2.67 | 0.00% |
| Namibia Asset Management | NAM | 0.67 | 0.67 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 12.99 | 12.99 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.01 | 7.01 | 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 | 547.74 | 546.00 | -0.32% |
| B2Gold Corporation | B2G | 54.58 | 55.51 | 1.70% |
| Oceana Group Limited | OCG | 53.44 | 53.26 | -0.34% |
| Mediclinic International Plc | MEP | 97.72 | 98.38 | 0.68% |
| Truworths | TRW | 51.32 | 49.85 | -2.86% |
| Nedbank Group Limited | NBK | 198.84 | 199.74 | 0.45% |
| Standard Bank Group | SNB | 143.13 | 144.00 | 0.61% |
| Shoprite Holdings | SRH | 219.42 | 216.99 | -1.11% |
| FirstRand Limited | FST | 60.51 | 60.74 | 0.38% |
| Momentum Metropolitan Holdings | MMT | 16.75 | 16.79 | 0.24% |
| Old Mutual Ltd | OMM | 9.53 | 9.78 | 2.62% |
| Sanlam Limited | SLA | 50.73 | 51.59 | 1.70% |
| Santam Limited | SNM | 247.74 | 250.03 | 0.92% |
| Vukile Property Fund Limited | VKN | 12.32 | 12.39 | 0.57% |
| Investec Limited | IVD | 68.91 | 71.64 | 3.96% |
| PSG Konsult Limited | KFS | 10.51 | 10.77 | 2.47% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 277.85 | 280.65 | 1.01% |
| New Gold Palladium ETF | NGNPLD | 387.18 | 384.64 | -0.66% |
| New Gold Platinum ETF N | NGNPLT | 150.50 | 150.62 | 0.08% |
| New Funds S&P NAM Bond | NFNAMA | 16.98 | 16.97 | -0.06% |
Table 4: ETFs
| Exchange Rates @ 08:00 | |
| USD/NAD | 17.99 |
| EUR/NAD | 17.67 |
| GBP/NAD | 20.23 |
| EUR/GBP | 0.87 |
| EUR/USD | 0.98 |
| GBP/USD | 1.12 |
| AUD/USD | 0.64 |
| USD/JPY | 144.80 |
| Commodities @ 08:00 | |
| Gold | 1,675.20 |
| Silver | 19.48 |
| Platinum | 866.45 |
| Palladium | 2,175.02 |
| WTI | 81.84 |
| Brent | 87.54 |
Table 5: Exchange Rates and Commodities
Local News
Private sector credit extension (PSCE) growth stood at 4.6% at the end of August compared to the 3.9% at the end of July 2022. (HEI Research)
Namibia acquired a loan of N$2.3 billion from the African Development Bank to co-finance the second phase of Namibia’s governance and economic recovery support program. (GERSPII) (New Era Newspaper)
The International Monetary Fund (IMF) board has approved a new lending facility for countries faced with acute food insecurity (The Namibian)
Sub-Sahara News
Only a fraction of buildings has Energy Performance Certificates, and those that miss the 7 December deadline risk a fine of up to R5 million, imprisonment, or both. (News24)
The World Bank said it has approved a $750 million credit line for Nigeria to help the country’s 36 states push through reforms to attract investment and create jobs. (CNBC Africa)
Burkina Faso’s junta leader Paul-Henri Sandaogo Damiba has agreed to step down, religious leaders said Sunday, after a mutiny within the military left the West African nation in chaos (All Africa News)
International News
Ukraine claimed full control of Russia’s eastern logistics hub Lyman, its most significant battlefield gain in weeks, setting the stage for further advances aimed at cutting Russia’s supply lines to its battered troops to a single route. (Reuters)
Asian stocks fell on Monday to extend recent losses, the dollar surged to new 20-year highs on rising yields, gold held at a 2-1/2-year trough and oil extended last week’s losses as recession fears gripped financial markets (RTT News)
Indonesia will establish an independent fact-finding team to investigate a stampede at a football stadium in which some 125 people, including more than a dozen children, died (Aljazeera News)