Chamwe Kaira
The Namibian Securities Exchange (NSX) overall index closed higher in the week ended 30 January 2026, rising 0.85% to 2 259.63 points from 2 240.49 the previous week, supported by gains across several sectors.
The NSX Local Index also edged up, increasing 0.15% to 811.16 points. The index delivered an actual dividend yield of 8.54% and has shown limited movement since December 2025.
In contrast, the JSE all share index declined over the same period. The index fell 1.83% week on week to 120 046 points from 122 281. Despite the weekly drop, it remained 3.64% above its December 2025 level. So far in 2026, the index has traded between a high of 125 249 points and a low of 116 092 points.
On the NSX, the Telecommunications Index rose 0.64% to 301.73 points. The financial index gained 0.75% to close at 731.47 points, extending its increase since December 2025 to 2.50%.
The basic materials index delivered the strongest performance for the week, climbing 1.40% to 798.64 points. The sector has gained 11.62% since December 2025, making it the top performer over the period.
Several consumer-related sectors recorded losses. The consumer discretionary index slipped 0.43% to 2,832.32 points, while the consumer staples index fell 1.20% to 1,300.73 points.
The real estate index declined 1.14% to 2,681.82 points, extending its drop since December 2025 to 0.70%. The utilities index ended the week flat at 1,107.62 points.
Overall, the NSX posted modest weekly gains and outperformed the JSE all share, with strength in basic materials and financial stocks offsetting weakness in property and consumer sectors.
Market turnover for the week reached N$196.9 million, with 1.68 million shares traded across 146 deals.
This reflected an increase of 1.35 million shares and N$190.9 million in value compared to the previous reporting period, pointing to higher market participation.
The financial sector was the most active, with trades valued at N$160.3 million across 102 deals. This accounted for more than 80% of total value traded during the week.
Basic materials followed, with shares traded worth N$22.8 million across 10 deals. Consumer discretionary stocks recorded trades valued at N$7.2 million over seven deals, while consumer staples saw shares worth N$5.2 million traded across 15 deals.
Real estate counters recorded trades valued at N$341 056 across five deals. The telecommunications sector recorded minimal activity, with 100 shares traded worth N$1 233 in a single deal. No trades were recorded in the utilities sector.
Local counters recorded a free-float market capitalisation of N$18.8 million for the week. A total of 330,702 shares valued at N$6 million traded across 36 deals. On a year-to-date basis, local stocks recorded 598,902 shares traded, valued at N$10.6 million across 109 deals.
By the end of January, the NSX overall market recorded year-to-date trading volumes of 5.44 million shares valued at N$527.0 million across 438 deals.
Exchange traded products added N$191.2 million in value from 507,236 shares traded across 32 deals, while the development capital board recorded N$1.76 million from 56,000 shares traded across three deals.
Combined year-to-date trading across the overall market, exchange traded products and the Development Capital Board reached 6.0 million shares, with a total value of N$719.9 million across 473 deals.
Caption
Among Namibian Securities Exchange sectors, the Telecommunications Index rose 0.64% to 301.73 points in the week ended 30 January.
- Photo: Contributed
