| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 1,709,222.00 | 61,468,366.68 | 100.00% |
| ETFs | – | – | 0.00% |
| Total | 1,709,222.00 | 61,468,366.68 | 100.00% |
NSX Activities
A total of N$ 61,468,366.68 worth of shares was traded on the NSX on Wednesday with about N$ 3,728,687 worth of shares belonging to Anglo-American plc and N$ 576,046 worth of shares belonging to Oryx Properties Limited on the home front. No ETFs were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Market participants subscribed to shares belonging to Anglo-American, resulting in an increase of 0.1% in the company’s stock value.
- Market participants actively traded Oryx Properties shares on the domestic market, resulting in a decline in share price by 5.6% at closing.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 35.99 | 35.99 | 0.00% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 14.00 | 14.00 | 0.00% |
| First Rand Namibia | FNB | 41.00 | 41.01 | 0.02% |
| Standard Bank Namibia | SNO | 7.00 | 7.00 | 0.00% |
| Oryx Limited | ORY | 11.97 | 11.30 | -5.60% |
| Letshego | LHN | 3.75 | 3.75 | 0.00% |
| Namibia Asset Management | NAM | 0.68 | 0.68 | 0.00% |
| Stimulus | SILP | 127.90 | 127.90 | 0.00% |
| Paratus Namibia Holdings Ltd | PNH | 12.79 | 12.79 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.08 | 7.08 | 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 | 586.80 | 587.24 | 0.07% |
| B2Gold Corporation | B2G | 73.70 | 73.83 | 0.18% |
| Oceana Group Limited | OCG | 73.70 | 71.69 | -2.73% |
| Mediclinic International Plc | MEP | 118.30 | 118.30 | 0.00% |
| Truworths | TRW | 50.44 | 51.69 | 2.48% |
| Nedbank Group Limited | NBK | 211.58 | 217.17 | 2.64% |
| Standard Bank Group | SNB | 160.40 | 163.29 | 1.80% |
| Shoprite Holdings | SRH | 204.34 | 214.44 | 4.94% |
| FirstRand Limited | FST | 63.01 | 64.77 | 2.79% |
| Momentum Metropolitan Holdings | MMT | 17.36 | 17.87 | 2.94% |
| Old Mutual Ltd | OMM | 11.49 | 11.57 | 0.70% |
| Sanlam Limited | SLA | 55.62 | 56.54 | 1.65% |
| Santam Limited | SNM | 284.16 | 289.50 | 1.88% |
| Vukile Property Fund Limited | VKN | 12.77 | 12.73 | -0.31% |
| Investec Limited | IVD | 107.10 | 106.31 | -0.74% |
| PSG Konsult Limited | KFS | 11.90 | 12.04 | 1.18% |
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 350.80 | 347.83 | -0.85% |
| New Gold Palladium ETF | NGNPLD | 261.71 | 259.43 | -0.87% |
| New Gold Platinum ETF N | NGNPLT | 191.40 | 190.12 | -0.67% |
| New Funds S&P NAM Bond | NFNAMA | 18.53 | 18.63 | 0.54% |
| Exchange Rates @ 07:00 | |
| USD/NAD | 19.02 |
| EUR/NAD | 20.43 |
| GBP/NAD | 23.76 |
| EUR/GBP | 0.86 |
| EUR/USD | 1.07 |
| GBP/USD | 1.24 |
| AUD/USD | 0.66 |
| USD/JPY | 139.75 |
| Commodities @ 07:00 | |
| Gold | 1,961.50 |
| Silver | 23.72 |
| Platinum | 1,030.20 |
| Palladium | 1.390.20 |
| WTI | 72.60 |
| Brent | 76.98 |
Local News
NamPower yesterday said that while it received an instruction from Cabinet and the finance minister not to continue with the suspension of power supply to local authorities – which owe the power utility over N$1 billion – its board ignored the directive. (Sun Newspaper)
Interest income has been the main contributor to profits made in recent years by Namibia’s commercial banks. However, these local commercial banks are definitely not compelled to adjust their interest rates in line with quarterly repo rate changes by the Bank of Namibia (BoN). (New Era Newspaper)
The National Petroleum Corporation of Namibia (Namcor) has urged the media and the public to be patient as it will not disclose additional information concerning a N$100-million payment to Sungara Energies for two Angolan oil blocks (The Namibian Newspaper)
Sub-Sahara News
Drinking water quality has deteriorated with nearly half of the sampled municipalities’ treatment systems scoring poorly when it comes to removing harmful bacteria in water. (News24)
Google plans to crack down on employees who haven’t been coming into its offices consistently, CNBC has found. (CNBC Africa)
President William Ruto did not waste the opportunity to pitch for the 3 percent Housing Fund levy at National Prayer Breakfast, saying those opposed to it are selfish. (AllAfrica News)
International News
Schools across the U.S. East Coast canceled outdoor activities, airline traffic slowed and millions of Americans were urged to stay indoors on Wednesday as smoke from Canadian wildfires drifted south, blanketing cities in thick, yellow haze. (Reuters News)
Asian stocks rose broadly on Thursday as fears of a U.S. debt default eased and a private survey showed Chinese factory activity unexpectedly swung to growth in May (RTT News)
The world’s second-largest economy has become one of the biggest markets for big-budget Hollywood films, but a racially-charged backlash against Disney’s The Little Mermaid is just the latest example of the price film studios can pay if they offend Chinese sensibilities.. (Aljazeera News)