| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 40,391.00 | 3,263,691.56 | 36.28% |
| ETFs | 17,660.00 | 5,733,319.00 | 63.72% |
| Total | 58,051.00 | 8,997,010.56 | 100.00% |
NSX Activities
A total of N$ 3,263,691.56 worth of shares was traded on the NSX on Wednesday with about N$ 369,653 worth of shares belonging to Anglo-American plc and N$ 73,600 worth of shares belonging to Namibia Breweries. ETFs worth N$ 5,733,319.00 were traded on Wednesday
HEI Market Commentary
From the trading activity that took place:
- Market participants sold-off shares belonging to Anglo-American following the U.S Feds interest rate hike by 25bps, resulting in the company’s stock value experiencing an increase of 3.4% at the closing.
- FirstRand Namibia’s shares were traded by market participants, resulting in a decline of 1.4% 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 | 15.00 | 15.00 | 0.00% |
| First Rand Namibia | FNB | 50.00 | 50.00 | 0.00% |
| Standard Bank Namibia | SNO | 6.50 | 6.50 | 0.00% |
| Oryx Limited | ORY | 11.10 | 11.30 | 1.80% |
| Letshego | LHN | 3.86 | 3.95 | 2.33% |
| 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 | 7.08 | 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 | 570.09 | 562.21 | -1.38% |
| B2Gold Corporation | B2G | 63.17 | 64.31 | 1.80% |
| Oceana Group Limited | OCG | 69.44 | 68.37 | -1.54% |
| Truworths | TRW | 63.26 | 66.05 | 4.41% |
| Nedbank Group Limited | NBK | 229.63 | 231.40 | 0.77% |
| Standard Bank Group | SNB | 187.08 | 188.22 | 0.61% |
| Shoprite Holdings | SRH | 251.06 | 252.36 | 0.52% |
| Firstrand Limited | FST | 70.96 | 71.58 | 0.87% |
| Momentum Metropolitan Holdings | MMT | 18.56 | 18.54 | -0.11% |
| Old Mutual Ltd | OMM | 12.60 | 12.70 | 0.79% |
| Sanlam Limited | SLA | 64.00 | 64.22 | 0.34% |
| Santam Limited | SNM | 296.79 | 298.50 | 0.58% |
| Vukile Property Fund Limited | VKN | 12.92 | 13.02 | 0.77% |
| Investec Limited | IVD | 110.00 | 110.75 | 0.68% |
| PSG Konsult Limited | KFS | 14.12 | 14.31 | 1.35% |
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 321.16 | 323.87 | 0.84% |
| New Gold Palladium ETF | NGNPLD | 217.86 | 213.69 | -1.91% |
| New Gold Platinum ETF N | NGNPLT | 163.89 | 163.49 | -0.24% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.46 | 19.42 | -0.21% |
| Exchange Rates @ 07:00 | |
| USD/NAD | 17.61 |
| EUR/NAD | 19.54 |
| GBP/NAD | 22.81 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.10 |
| GBP/USD | 1.29 |
| AUD/USD | 0.67 |
| USD/JPY | 140.10 |
| Commodities @ 07:00 | |
| Gold | 1,976.25 |
| Silver | 25.14 |
| Platinum | 976.05 |
| Palladium | 1,256.50 |
| WTI | 79.48 |
| Brent | 83.17 |
Local News
Road running enthusiasts are up for a treat as the Vivo Energy Windhoek Marathon takes centre stage in the capital on Saturday morning. (Sun Newspaper)
Namibia’s privately-owned domestic and regional airline FlyNamibia will join the independent South African-based airline, Airlink, to promote its flights and services to travel agents worldwide on the Global Distribution System (GDS). (New Era Newspaper)
Officials from the Ministry of Environment, Forestry, and Tourism in the Omusati region last week reportedly confiscated firewood belonging to six destitute single mothers who make a living by selling firewood. (The Namibian Newspaper)
Sub-Sahara News
Steinhoff’s shareholders have voted to dissolve the company and delist it from the Johannesburg and Frankfurt stock exchanges. (News24)
The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their highest level in more than 22 years. (CNBC Africa)
A group of soldiers in Niger said that President Mohamed Bazoum has been removed from power. They also said the nation’s borders are closed and a curfew has been imposed “until further notice”. (AllAfrica News)
International News
Russia’s defense minister accompanied North Korean leader Kim Jong Un to a defense exhibition that featured the North’s banned ballistic missiles as the neighbors pledged to boost ties, North Korean state media reported on Thursday. (Reuters News)
Markets in Europe are expected to open on a weak note on Thursday amidst anxiety ahead of the monetary policy reviews by major central banks and the updates to corporate earnings. (RTT News)
Gig workers have welcomed a new law in India’s largest state Rajasthan to impose a tax on revenue earned by digital platforms that operate in the state, including global giants Uber and Amazon, even as industry groups have warned it will eventually hurt customers and derail business in the state. (Aljazeera News)