Chamwe Kaira
The Namibia Securities Exchange (NSX) delivered a positive performance for the period 30 March to 2 April, with the overall index posting solid gains alongside a strong showing in select sectors.
The NSX overall index increased by 3.35% to close at 2 198.69 points, up from 2 127.37 points the previous week. This marks a gain of 71.32 points and brings growth since December 2025 to 2.68%.
The NSX local index also rose, increasing by 0.29% to 820.03 points from 817.63 points. The index has now gained 1.52% since the start of the year and reached its highest level for 2026 during the period.
The JSE all share index, which influences dual-listed stocks on the NSX, climbed by 3.89% to 116 122.75 points.
Sector performance was mixed. The basic materials index recorded the largest gain, rising by 6.94% to 777.49 points. Consumer discretionary increased by 3.01% to 2 428.24 points. Real estate rose by 1.52% to 2 463.56 points, while financials increased by 1.38% to 709.00 points.
Utilities declined by 2.11% to 1,084.09 points, marking the largest drop and its lowest level for 2026 so far. Telecommunications slipped by 0.09%, while consumer staples fell by 0.11%.
On a year-to-date basis, some sectors remain under pressure. Consumer discretionary has declined by 9.49% since December 2025, while real estate is down by 8.78%. Basic materials have increased by 8.67% over the same period.
The latest data shows short-term gains across the market, supported by both local and dual-listed stocks.
