| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Locals | – | – | 0.00% |
| SA Dual Listed | 43 966 | 8 169 834 | 100% |
| ETFs | – | – | 0.00% |
| Total | 43 966 | 8 169 834 | 100% |
Table 1: NSX Trades
NSX Activities
A total of N$ 8 169 834 worth of shares was traded on the NSX on Wednesday with about N$ 5 014 370 worth of NedBank Group, N$ 105 582 worth of Investec Limited and N$ 1 313 918 worth of Standard Bank Group. No trades recorded on the home front as well as any ETFs.
HEI Equity Research Commentary
From the trading activity that took place:
- NedBank’s share trading arises mixed feelings in investors as shares were bought in large volume.
- Investec’s shares were traded on the buy side, increasing its share price.
- Lastly, Standard Bank’s shares were also purchased by investors, as market performance performance slowly starts to soar.
| 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 | 29.99 | 29.99 | 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 | 502.04 | 514.14 | 2.41% |
| Barloworld Limited | BWL | 97.04 | 101.15 | 4.24% |
| Oceana Group Limited | OCG | 65.20 | 65.03 | -0.26% |
| Mediclinic International Plc | MEP | 63.90 | 64.60 | 1.10% |
| Truworths | TRW | 54.58 | 55.81 | 2.25% |
| Nedbank Group Limited | NBK | 166.25 | 170.54 | 2.58% |
| Standard Bank Group | SNB | 137.34 | 140.33 | 2.18% |
| Shoprite Holdings | SRH | 186.90 | 187.62 | 0.39% |
| FirstRand Limited | FST | 59.86 | 60.91 | 1.75% |
| Momentum Metropolitan Holdings | MMT | 19.39 | 19.55 | 0.83% |
| Old Mutual Ltd | OMM | 15.06 | 15.64 | 3.85% |
| Sanlam Limited | SLA | 61.38 | 62.60 | 1.99% |
| Santam Limited | SNM | 234.18 | 235.25 | 0.46% |
| Vukile Property Fund Limited | VKN | 11.85 | 11.39 | -3.88% |
| Investec Limited | IVD | 57.00 | 59.53 | 4.44% |
| PSG Konsult Limited | KFS | 10.90 | 10.85 | -0.46% |
Table 3: Dual Listed Trades
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 247.57 | 244.86 | -1.09% |
| New Gold Palladium ETF | NGNPLD | 275.57 | 294.00 | 6.69% |
| New Gold Platinum ETF N | NGNPLT | 136.20 | 143.00 | 4.99% |
Table 4: ETFs
| Exchange Rates | |
| USD/ZAR | 14.81 |
| EUR/ZAR | 17.32 |
| GBP/ZAR | 20.17 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.16 |
| GBP/USD | 1.36 |
| AUD/USD | 0.72 |
| USD/JPY | 109.85 |
| Commodities | |
| Gold | 1 765 |
| Silver | 22.57 |
| Platinum | 992.15 |
| Palladium | 2 010 |
| WTI | 72.17 |
| Brent | 76.13 |
Table 5: Exchange Rates and Commodities
Local News
First National Bank (FNB) Namibia has decided to terminate and close accounts belonging to individuals and businesses linked to the fishing corruption scandal known as the FishRot (Namibian Sun)
The plan by the national rail service operator, TransNamib, to retrench 340 employees in the coming weeks, does not require government approval, as this decision lies entirely in the hands of the authority’s board (New Era Newspaper)
Trigon Mining Namibia, the owner of Kombat mine in the Otjozondjupa region, has established a community garden at Kombat settlement to employ 80 women and add to the sustainability of the community. (The Namibian)
Sub-Sahara News
The Constitutional Court has given Unisa until the start of the 2023 academic year to revise its language policy which did away with teaching and learning in Afrikaans. (News24)
South Africa’s fuel and chemical producer Sasol Ltd has raised its emissions reduction targets for 2030 to 30% from 10% previously in a bid to make the company a net zero carbon emitter by 2050. (CNBC Africa)
The Mozambican government has approved the Reconstruction Plan for the northern province of Cabo Delgado, which envisages the restoration of social and economic infrastructures wrecked during the incursions by ISIS terrorists. (All Africa News)
International News
Australian Prime Minister Scott Morrison said he has tried to arrange a conversation with French President Emmanuel Macron but has been unsuccessful so far, a week after his cancellation of a major submarine deal sparked a diplomatic row with Paris. (Reuters)
President Joe Biden has vowed not to pursue “a new Cold War, or a world divided into rigid blocks.” Addressing the UN General Assembly. (RTT News)
The World Health Organization (WHO) has tightened its air quality guidelines for the first time since 2005, warning that air pollution is one of the biggest environmental threats to human health, causing seven million premature deaths a year. (Aljazeera News)