| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Locals | – | – | 0.00% |
| SA Dual Listed | 106 346 | 16 540 630 | 100% |
| ETFs | – | – | 0.00% |
| Total | 106 346 | 16 540 630 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 16 540 630 worth of shares was traded on the NSX on Tuesday with about N$ 14 926 901 worth of Anglo-American Plc, N$ 1 088 054 worth of Old Mutual Ltd and N$ 363 980 worth of NedBank Group Limited. No trades recorded on the home front as well as any ETFs.
HEI Equity Research Commentary
From the trading activity that took place:
- Anglo-American repurchased its own shares to reduce steep discounts of shares. This boasted their share price above the 500 mark.
- Shares in Old Mutual were bought anonymously, increasing the share price.
- Lastly, NedBank Group’s shares were sold off as the high HEPS fumes runs out.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 34.11 | 34.11 | 0.00% |
| Nictus Holdings | NHL | 1.80 | 1.80 | 0.00% |
| Capricorn | CGP | 12.83 | 12.83 | 0.00% |
| First Rand Namibia | FNB | 29.98 | 29.98 | 0.00% |
| Standard Bank Namibia | SNO | 6.47 | 6.47 | 0.00% |
| Oryx Limited | ORY | 11.39 | 11.39 | 0.00% |
| Letshego | LHN | 2.00 | 2.00 | 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 | 12.00 | 12.00 | 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 | 496.50 | 502.04 | 1.12% |
| Barloworld Limited | BWL | 94.78 | 97.04 | 2.38% |
| Oceana Group Limited | OCG | 63.61 | 65.20 | 2.50% |
| Mediclinic International Plc | MEP | 62.84 | 63.90 | 1.69% |
| Truworths | TRW | 54.93 | 54.58 | -0.64% |
| Nedbank Group Limited | NBK | 166.50 | 166.25 | -0.15% |
| Standard Bank Group | SNB | 137.24 | 137.34 | 0.07% |
| Shoprite Holdings | SRH | 182.81 | 186.90 | 2.24% |
| FirstRand Limited | FST | 59.24 | 59.86 | 1.05% |
| Momentum Metropolitan Holdings | MMT | 19.01 | 19.39 | 2.00% |
| Old Mutual Ltd | OMM | 15.00 | 15.06 | 0.40% |
| Sanlam Limited | SLA | 61.04 | 61.38 | 0.56% |
| Santam Limited | SNM | 237.78 | 234.18 | -1.51% |
| Vukile Property Fund Limited | VKN | 11.75 | 11.85 | 0.85% |
| Investec Limited | IVD | 56.17 | 57.00 | 1.48% |
| PSG Konsult Limited | KFS | 11.06 | 10.90 | -1.45% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 244.37 | 247.57 | 1.31% |
| New Gold Palladium ETF | NGNPLD | 277.56 | 275.57 | -0.72% |
| New Gold Platinum ETF N | NGNPLT | 132.46 | 136.20 | 2.82% |
Table 4: ETFs
| Exchange Rates | |
| USD/ZAR | 14.85 |
| EUR/ZAR | 17.41 |
| GBP/ZAR | 20.28 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.17 |
| GBP/USD | 1.36 |
| AUD/USD | 0.72 |
| USD/JPY | 109.18 |
| Commodities | |
| Gold | 1 775 |
| Silver | 22.48 |
| Platinum | 946.60 |
| Palladium | 1 884 |
| WTI | 70.72 |
| Brent | 74.54 |
Table 5: Exchange Rates and Commodities
Local News
As we approaching the new rainy season, six of the country’s storage dams are carrying more than 80% capacity of water..(Namibian Sun)
Namibia recorded a decrease in electricity generation of about 69.2% from 2020 to 2021 in total; this was mainly due to the reduced generation from the Ruacana Power Station that went down by 85.7% in July 2021 (New Era Newspaper)
Project Never Walk Alone, an initiative by philanthropist Tim Ekandjo, donated its first batch of 1 000 pairs of shoes to beneficiaries in the Hardap Region on Friday. (The Namibian)
Sub-Sahara News
Credit rating agency Fitch has raised its forecast for SA’s economic growth and said the country’s budget deficit for the fiscal year will likely be smaller than government’s earlier projections. (News24)
Mediclinic is now the recipient of what is called a sustainability-linked loan which was structured by a team at RMB. It’s worth 8.45 billion rand and its tied to per-determined performance targets that the hospital operator must meet. (CNBC Africa)
U.S. trade policy toward Africa is facing a conundrum. Much has changed in the two decades since the African Growth and Opportunity Act (Agoa) set the framework for trade between the world’s largest economy and its poorest continent.. (All Africa News)
International News
France should not have been surprised that Australia cancelled a submarine contract, as major concerns about delays, cost overruns and suitability had been aired officially and publicly for years, Australian politicians said. (Reuters)
President Joe Biden said that big corporations and the super wealthy in the United States have to start paying their fair share of taxes. (RTT News)
The US House of Representatives is moving to approve $6.3bn in emergency assistance to help resettle Afghan refugees in the United States (Aljazeera News)