| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 1,639,555.00 | 48,565,113.05 | 97.92% |
| ETFs | 3,871.00 | 1,032,509.38 | 2.08% |
| Total | 1,643,426.00 | 49,597,622.43 | 100.00% |
NSX Activities
A total of N$ 48,565,113.05 worth of shares was traded on the NSX on Tuesday with about N$5,910,036 worth of shares belonging to Anglo-American plc and N$15,170 worth of shares belonging to FirstRand Namibia Ltd on the domestic market. Additionally, ETFs worth N$ 1,032,509.38 were traded on Tuesday
HEI Market Commentary
From the trading activity that took place:
- Share belonging to Anglo-American was subscribed by market participants, resulting in an increase of 0.5% in the company’s stock value at closing
- FirstRand Namibia’s shares were traded by market participants, resulting in no change in share price at closing.
| Name | NSX Local Ticker | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| Namibian Breweries | NBS | 36.80 | 36.80 | 0.00% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 14.65 | 14.65 | 0.00% |
| First Rand Namibia | FNB | 50.40 | 50.40 | 0.00% |
| Standard Bank Namibia | SNO | 6.50 | 6.50 | 0.00% |
| Oryx Limited | ORY | 11.00 | 11.00 | 0.00% |
| Letshego | LHN | 3.85 | 3.85 | 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 | 12.75 | 12.75 | 0.00% |
| Mobile Telecommunication Company | MOC | 7.50 | 7.50 | 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 | 531.00 | 533.52 | 0.47% |
| B2Gold Corporation | B2G | 65.81 | 66.95 | 1.73% |
| Oceana Group Limited | OCG | 69.11 | 69.11 | 0.00% |
| Truworths | TRW | 56.48 | 56.48 | 0.00% |
| Nedbank Group Limited | NBK | 221.77 | 220.73 | -0.47% |
| Standard Bank Group | SNB | 175.68 | 175.51 | -0.10% |
| Shoprite Holdings | SRH | 220.87 | 233.24 | 5.60% |
| Firstrand Limited | FST | 67.47 | 67.83 | 0.53% |
| Momentum Metropolitan Holdings | MMT | 18.09 | 18.11 | 0.11% |
| Old Mutual Ltd | OMM | 12.00 | 12.06 | 0.50% |
| Sanlam Limited | SLA | 59.90 | 60.22 | 0.53% |
| Santam Limited | SNM | 283.46 | 283.08 | -0.13% |
| Vukile Property Fund Limited | VKN | 11.98 | 12.04 | 0.50% |
| Investec Limited | IVD | 105.10 | 104.42 | -0.65% |
| PSG Konsult Limited | KFS | 13.20 | 13.49 | 2.20% |
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 337.83 | 337.83 | 0.00% |
| New Gold Palladium ETF | NGNPLD | 222.13 | 222.13 | 0.00% |
| New Gold Platinum ETF N | NGNPLT | 167.81 | 167.81 | 0.00% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 18.91 | 18.91 | 0.00% |
Table 4: ETFs
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.46 |
| EUR/NAD | 20.37 |
| GBP/NAD | 23.95 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.10 |
| GBP/USD | 1.29 |
| AUD/USD | 0.67 |
| USD/JPY | 139.47 |
| Commodities @ 07:00 | |
| Gold | 1,943.40 |
| Silver | 23.43 |
| Platinum | 938.40 |
| Palladium | 1,249.53 |
| WTI | 74.75 |
| Brent | 79.31 |
Local News
The public enterprises minister has had his say on state entities bankrolling foreign rips for their line ministers. (Sun Newspaper)
The property management company and Ohlthaver & List (O&L) Group subsidiary, Broll Namibia, celebrated 20 years in the business in June 2023. With a property portfolio valued at over N$2.6 billion, the company’s service offerings include property management, facilities management, occupier services as well as retail leasing and consultancy, and development management services. (New Era Newspaper)
The Ministry of Agriculture, Water, and Land Reform has been blasted for returning N$98 million meant for the Department of land reform to the treasury. (The Namibian Newspaper)
Sub-Sahara News
Less than a week after Electricity Minister Kgosientsho Ramokgopa said he was confident that Eskom had enough generating capacity to withstand the cold weather, the power utility announced the implementation of Stage 6 load shedding. (News24)
Most emerging market stocks gained on Tuesday as risk appetite improved amid bets that market-punishing U.S. rate hikes were approaching an end, while equities in China rose on Beijing’s support for the property sector. (CNBC Africa)
The Senate on Tuesday constituted an ad hoc committee to investigate the fuel subsidy regime of the Nigerian National Petroleum Company Limited (NNPCL). (AllAfrica News)
International News
Ukrainian President Volodymyr Zelenskiy meets NATO leaders on Wednesday after they declared his country’s future lay inside the alliance but rebuffed his call for a timeline to membership. (Reuters News)
Asian stocks ended mostly lower on Wednesday after new data showed China’s economy continued to struggle in June. Investors also looked ahead to the release of the Federal Reserve’s latest monetary policy meeting minutes as well as the U.S. jobs report (RTT News)
Israel’s parliament, or Knesset, has given its first approval to a bill that would Babarandage don Sarath Appuham, a 59-year-old fisherman, has worked at Negombo Lagoon since he was a teenager. Palpable differences in tide patterns and fish catches from climate change have complicated his work. (Aljazeera News)