| NSX Trades | Traded Volume (No. Shares) | Monetary Amount (N$) | Trading Contribution (%) |
| Overall | 50,610.00 | 3,769,293.18 | 87.12% |
| ETFs | 2,087.00 | 557,404.78 | 12.88% |
| Total | 52,697.00 | 4,326,697.96 | 100.00% |
NSX Activities
A total of N$3,769,293.18 worth of shares was traded on the NSX on Wednesday with about N$ 2,433,727 worth of shares belonging to Anglo-American plc and N$ 63,375 worth of shares belonging to SBN Holdings Ltd on the home front. ETFs worth N$ 557,404.78 were traded on Wednesday.
HEI Market Commentary
From the trading activity that took place:
- Market participants continue to sell-off shares belonging to Anglo-American as precious metal prices get hammered on recession fears, resulting in a slight decrease of 2.2% in the company’s stock value at closing
- Market participants actively traded SBN Holdings Ltd shares on the domestic market, with 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 | 36.30 | 36.30 | 0.00% |
| Nictus Holdings | NHL | 2.20 | 2.20 | 0.00% |
| Capricorn | CGP | 14.85 | 14.85 | 0.00% |
| First Rand Namibia | FNB | 47.51 | 47.51 | 0.00% |
| Standard Bank Namibia | SNO | 6.50 | 6.50 | 0.00% |
| Oryx Limited | ORY | 11.30 | 11.30 | 0.00% |
| Letshego | LHN | 3.90 | 3.90 | 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 | 7.09 | 7.08 | -0.14% |
| 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 | 537.14 | 525.08 | -2.25% |
| B2Gold Corporation | B2G | 66.26 | 64.93 | -2.01% |
| Oceana Group Limited | OCG | 68.05 | 68.46 | 0.60% |
| Truworths | TRW | 55.30 | 55.45 | 0.27% |
| Nedbank Group Limited | NBK | 224.33 | 223.04 | -0.58% |
| Standard Bank Group | SNB | 173.50 | 174.00 | 0.29% |
| Shoprite Holdings | SRH | 224.51 | 223.17 | -0.60% |
| Firstrand Limited | FST | 67.08 | 67.50 | 0.63% |
| Momentum Metropolitan Holdings | MMT | 17.55 | 17.78 | 1.31% |
| Old Mutual Ltd | OMM | 11.80 | 11.86 | 0.51% |
| Sanlam Limited | SLA | 57.50 | 57.50 | 0.00% |
| Santam Limited | SNM | 286.88 | 288.60 | 0.60% |
| Vukile Property Fund Limited | VKN | 13.06 | 12.33 | -5.59% |
| Investec Limited | IVD | 101.67 | 102.94 | 1.25% |
| PSG Konsult Limited | KFS | 12.55 | 12.57 | 0.16% |
| Name | ETFs | Price Previous Close ‘N$ | Price End of Day ‘N$ | Daily Change % |
| New Gold Issuer Ltd NM | NGNGLD | 330.10 | 332.89 | 0.85% |
| New Gold Palladium ETF | NGNPLD | 231.59 | 222.13 | -4.08% |
| New Gold Platinum ETF N | NGNPLT | 163.69 | 163.86 | 0.10% |
| Satrix S&P Namibia Bond ETF) | SXNNAM | 19.24 | 19.35 | 0.57% |
| Exchange Rates @ 07:00 | |
| USD/NAD | 18.65 |
| EUR/NAD | 20.35 |
| GBP/NAD | 23.57 |
| EUR/GBP | 0.85 |
| EUR/USD | 1.09 |
| GBP/USD | 1.26 |
| AUD/USD | 0.66 |
| USD/JPY | 144.35 |
| Commodities @ 07:00 | |
| Gold | 1,916.15 |
| Silver | 22.84 |
| Platinum | 923.95 |
| Palladium | 1,255.28 |
| WTI | 69.35 |
| Brent | 73.95 |
Local News
The cabinet is currently discussing Meatco’s future, it’s restructuring as well as possible partnerships with the private sector. No decisions have been made so far, agriculture, water, and land reform minister Calle Schlettwein told Namibia Media Holdings yesterday. (Sun Newspaper)
Xinfeng Investments, the Chinese company that mines Lithium near Uis, emerged victorious, but not unscathed, in its battle with mines minister Tom Alweendo. (New Era Newspaper)
Amid growing concerns over individuals facing the possibility of losing their homes due to loan defaults, the Bank of Namibia is contemplating the implementation of clear regulations on property repossessions. (The Namibian Newspaper)
Sub-Sahara News
Pick n Pay said on Wednesday it has reached an agreement to buy Western Cape-based meat group Tomis for R340 million, a move aimed at ensuring a higher-quality and more consistent red meat offering for customers. (News24)
Ghana has reached an agreement with banks to restructure 15 billion Ghana cedi ($1.36 billion) of locally issued U.S. dollar bonds and cocoa bills, three sources close to the negotiations have told Reuters. (CNBC Africa)
With nearly 80 percent of the world’s users of risky forms of tobacco living in lower-middle-income countries (LMICs), the poor uptake of safe nicotine products in these countries remains a cause for concern. (AllAfrica News)
International News
The Wagner Group mercenaries who seized the Russian city of Rostov-on-Don on Saturday in a failed mutiny included at least three convicted criminals, a Reuters review of facial recognition software, court records, and social media showed. (Reuters News)
Asian stock markets are trading mixed on Thursday, following the broadly negative cues from global markets overnight, on renewed concerns over the outlook for interest rates following the hawkish remarks by US Fed Chair Jerome Powell, who reiterated the Fed is likely to continue raising interest rates in an effort to contain stubbornly elevated inflation. (RTT News)
Debris and possible human remains from the submersible that imploded on a visit to the Titanic have been hauled back to shore, as authorities investigate what led to the deadly deep-sea disaster. (Aljazeera News)