| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 85,349.00 | 11,490,358.64 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 85,349.00 | 11,490,358.64 | 100.00% |
NSX Activities
A total of N$ 11,490,358.64 worth of shares was traded on the NSX on Tuesday with about N$ 9,846,638 worth of shares belonging to Anglo-American plc and N$ 928,958 worth of shares belonging to Oceana Group Limited. No ETFs were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold shares belonging to Anglo-American resulting in a decline in the company’s stock value by 1.2% at the closing.
- Oceana Group shares were traded by market participants, resulting in an increase of 2.9% in share price at closing.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 38.00 | 38.00 | 0.00% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 15.80 | 15.80 | 0.00% |
| First Rand Namibia | FNB | 48.50 | 48.50 | 0.00% |
| Standard Bank Namibia | SNO | 7.20 | 7.20 | 0.00% |
| Oryx Limited | ORY | 11.30 | 11.30 | 0.00% |
| Letshego | LHN | 3.95 | 3.95 | 0.00% |
| Namibia Asset Management | NAME | 0.70 | 0.70 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 12.75 | 12.75 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.12 | 7.12 | 0.00% |
| 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 | 513.32 | 506.93 | -1.24% |
| B2Gold Corporation | B2G | 58.19 | 59.12 | 1.60% |
| Oceana Group Limited | OCG | 68.20 | 70.18 | 2.90% |
| Truworths | TRW | 75.01 | 74.87 | -0.19% |
| Nedbank Group Limited | NBK | 215.69 | 215.80 | 0.05% |
| Standard Bank Group | SNB | 195.04 | 193.75 | -0.66% |
| Shoprite Holdings | SRH | 262.16 | 247.23 | -5.69% |
| Firstrand Limited | FST | 73.64 | 72.69 | -1.29% |
| Momentum Metropolitan Holdings | MMT | 20.12 | 20.15 | 0.15% |
| Old Mutual Ltd | OMM | 12.82 | 12.93 | 0.86% |
| Sanlam Limited | SLA | 68.38 | 68.88 | 0.73% |
| Santam Limited | SNM | 302.00 | 310.02 | 2.66% |
| Vukile Property Fund Limited | VKN | 13.28 | 13.20 | -0.60% |
| Investec Limited | IVD | 110.64 | 110.13 | -0.46% |
| PSG Konsult Limited | KFS | 13.65 | 13.96 | 2.27% |
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 343.89 | 345.40 | 0.44% |
| New Gold Palladium ETF | NGNPLD | 225.62 | 226.04 | 0.19% |
| New Gold Platinum ETF N | NGNPLT | 174.81 | 173.85 | -0.55% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.82 | 19.71 | -0.55% |
| Exchange Rates @ 07:00 | |
| USD/NAD | 19.20 |
| EUR/NAD | 20.58 |
| GBP/NAD | 24.10 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.07 |
| GBP/USD | 1.25 |
| AUD/USD | 0.63 |
| USD/JPY | 147.57 |
| Commodities @ 07:00 | |
| Gold | 1,950.25 |
| Silver | 23.83 |
| Platinum | 928.85 |
| Palladium | 1,216.50 |
| WTI | 86.81 |
| Brent | 90.17 |
Local News
Namibia’s trade deficit worsened to N$3.7 billion in July, compared to N$1.5 billion recorded in June 2023, according to the Namibia Statistics Agency (Sun Newspaper)
Energy minister Tom Alweendo has said Namibia and other developing nations should retain the right to exploit fossil fuel resources, despite ongoing global efforts to reduce greenhouse gas emissions. (New Era Newspaper)
The lack of a formal decision by the government to construct a fence between Angola and Namibia and funding are hampering the government’s 12-year plan to remove the veterinary cordon fence (redline) (The Namibian Newspaper)
Sub-Sahara News
Shoprite Group’s fresh food business appears to be making serious inroads at the top end of the market, with SA’s largest retailer reporting just under 30% of its total R8.1 billion full-year market share gains came from this segment. (News24)
South Africa’s economy recorded a greater-than-expected expansion in the second quarter of 2023 helped by growth in the agriculture and mining sectors, data from the statistics agency showed on Tuesday. (CNBC Africa)
Africa is warming up at twice the global average, and the consequences are devastating. The continent is disproportionately affected by the climate emergency, even though it contributes only a small amount of greenhouse gas emissions. This is causing damage to food security, ecosystems, and economies, and is displacing people, and worsening conflict over resources. (AllAfrica News)
International News
Huawei Technologies’ breakthrough in making an advanced chip underscores China’s determination and capacity to fight back against U.S. sanctions, but the efforts are likely very costly and could prompt Washington to tighten curbs, analysts said. (Reuters News)
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as softer-than-expected consumer sentiment and job openings data, helped ease concerns about interest rates, lifting investor sentiment. (RTT News)
A top White House official has said North Korea would pay “a price” if it sells weapons to Russia for its war in Ukraine, after Washington warned that Pyongyang was in talks with Moscow about a potential arms deal. (Aljazeera News)