| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 1 483 025 | 61 854 670 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 1 483 025 | 61 854 670 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 61 854 670 worth of shares was traded on the NSX on Wednesday, with about N$ 142 951 worth of Anglo-American Plc, N$ 26 207 700 worth of Barloworld Limited, 408 917 worth of FirstRand Namibia traded on the home front. No ETFs were traded on Wednesday.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American shares surged in value as company buys back its own shares.
- Barloworld’s shares were vastly subscribed by market participants, resulting into an intensification in their share price.
- On the NSX home front, FirstRand Namibia shares were sold by market participants, resulting in a decrease in share price.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 34.62 | 34.62 | 0.00% |
| Nictus Holdings | NHL | 1.80 | 1.80 | 0.00% |
| Capricorn | CGP | 13.22 | 13.22 | 0.00% |
| First Rand Namibia | FNB | 29.50 | 29.03 | -1.59% |
| Standard Bank Namibia | SNO | 6.45 | 6.45 | 0.00% |
| Oryx Limited | ORY | 10.97 | 10.97 | 0.00% |
| Letshego | LHN | 1.99 | 1.99 | 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 | 12.75 | 12.75 | 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 | 570.06 | 583.92 | 2.43% |
| Barloworld Limited | BWL | 129.49 | 132.50 | 2.32% |
| Oceana Group Limited | OCG | 60.19 | 64.67 | 7.44% |
| Mediclinic International Plc | MEP | 71.71 | 71.90 | 0.26% |
| Truworths | TRW | 55.66 | 56.51 | 1.53% |
| Nedbank Group Limited | NBK | 180.07 | 175.99 | -2.27% |
| Standard Bank Group | SNB | 138.40 | 137.40 | -0.72% |
| Shoprite Holdings | SRH | 185.94 | 190.31 | 2.35% |
| FirstRand Limited | FST | 59.42 | 59.43 | 0.02% |
| Momentum Metropolitan Holdings | MMT | 19.23 | 19.37 | 0.73% |
| Old Mutual Ltd | OMM | 16.47 | 14.20 | -13.78% |
| Sanlam Limited | SLA | 63.15 | 63.62 | 0.74% |
| Santam Limited | SNM | 250.04 | 256.00 | 2.38% |
| Vukile Property Fund Limited | VKN | 11.94 | 12.05 | 0.92% |
| Investec Limited | IVD | 71.34 | 71.63 | 0.41% |
| PSG Konsult Limited | KFS | 13.04 | 12.70 | -2.61% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 259.02 | 255.21 | -1.47% |
| New Gold Palladium ETF | NGNPLD | 303.54 | 300.38 | -1.04% |
| New Gold Platinum ETF N | NGNPLT | 155.90 | 153.42 | -1.59% |
Table 4: ETFs
| Exchange Rates | |
| USD/ZAR | 15.24 |
| EUR/ZAR | 17.70 |
| GBP/ZAR | 20.86 |
| EUR/GBP | 0.84 |
| EUR/USD | 1.15 |
| GBP/USD | 1.36 |
| AUD/USD | 0.74 |
| USD/JPY | 114.05 |
| Commodities | |
| Gold | 1 777 |
| Silver | 23.75 |
| Platinum | 1 042 |
| Palladium | 2 008 |
| WTI | 83.28 |
| Brent | 81.41 |
Table 5: Exchange Rates and Commodities
Local News
Twelve suspects were arrested last week for wildlife crimes in connection with five separate cases. (Namibian Sun)
Westair Aviation rebranded its scheduled passenger airline to FlyNamibia on 1 November (New Era Newspaper)
President Hage Geingob is allegedly under pressure from some Swapo leaders to endorse the person who will take over as the party’s vice president and potentially represent it at the 2024 elections (The Namibian)
Sub-Sahara News
In South Africa, Former Old Mutual CEO Peter Moyo’s lawyers want to see the company’s directors jailed for refusing to reinstate him (News24)
International Monetary Fund chief Kristalina Georgieva said on Wednesday she was “very optimistic” about reaching a lending arrangement with Zambia (CNBC Africa)
As the conflict between Ethiopia’s federal government and the northern Tigray region escalates, the United Nations human rights chief has blamed all parties involved in the fighting for violating international human rights law (All Africa News)
International News
Zillow (ZG.O) has rediscovered the charms of being capital light. The home listing app said Tuesday it is closing its business that flips homes. While the effort helped revenue grow for the $18 billion firm, it wasn’t worth the resulting losses and risk. (Reuters)
Asian stock markets are trading lower on Thursday, following the mostly negative cues overnight from Wall Street, on sinking crude oil prices and U.S.-China tensions over Taiwan. (RTT News)
The Organization of the Petroleum Exporting Countries and its allies led by Russia are under growing political pressure from the United States, Japan and other nations to loosen the taps more aggressively and pump more crude to cool red-hot prices (Aljazeera News)