Chamwe Kaira
The Namibian Securities Exchange (NSX) recorded a recovery on Wednesday, with most indices closing higher after a weaker performance the previous day.
The JSE all share index rose by 3.96% to close at 119 524.15 points, reversing a 0.99% decline recorded on 7 April.
The increase added 4 556.45 points in one session and pushed the index into positive territory for the year, with a 3.19% gain since December 2025.
The NSX overall index also increased, rising by 3.90% to 2,276.79 points after a 0.34% decline in the previous session.
The index is now up 6.33% since the start of the year. The local index showed little movement, increasing by 0.02% to 826.73 points, and remains up 2.35% year to date.
Most sectors recorded gains on 8 April. Consumer discretionary stocks led, rising by 5.73% to 2 521.77 points, although the sector is still down 6.01% for the year.
Real estate increased by 4.23% to 2 548.63 points but remains 5.63% lower than its level in December 2025.
Basic materials rose by 4.40% to 805.14 points, bringing its year-to-date gain to 12.53%. Financials increased by 3.82% to 735.84 points, lifting its year-to-date growth to 3.11%.
Consumer staples rose by 1.31% to 1,361.47 points. Telecommunications increased by 0.09% to 302.23 points. Utilities remained unchanged at 1 084.09 points and are down 2.11% for the year.
On 7 April, most sectors had recorded declines. Consumer discretionary fell by 1.78%, real estate by 0.75% and basic materials by 0.81%.
The gains on 8 April reversed the previous day’s losses and supported positive performance for key indices so far this year.
