Chamwe Kaira
The Namibian Stock Exchange (NSX) posted mixed results during the week ended 6 February 2026, as gains in some sectors were offset by declines in others.
The NSX overall index closed at 2,254.46 points, slightly down from 2,259.63 points the previous week. This represents a decline of 0.23%.
Despite the weekly drop, the index remains 5.28% higher than its December 2025 level. The dividend yield stands at 3.54%.
The NSX Local Index performed better. It rose by 0.15% to close at 812.39 points, up from 811.16 points the week before. Since December 2025, the index has gained 0.57%. It continues to offer a dividend yield of 8.52%.
Financial stocks led gains among the main sectors. The financials index rose by 1.52% to 742.57 points and is up 4.06% since December 2025. The sector offers a dividend yield of 5.26%.
Real estate stocks also advanced, gaining 0.57% to close at 2,697.06 points, although the sector remains slightly below its December level.
Consumer discretionary stocks recorded the biggest decline. The sector fell by 4.94% to 2,692.46 points. Consumer staples declined by 0.83%, while basic materials dropped by 2.58%.
Despite the weekly fall, basic materials remain 8.74% higher than their December 2025 level.
Utilities edged down by 0.08% to 1,106.75 points. Telecommunications also slipped by 0.08%.
The FTSE/JSE All Share Index traded in Namibian dollar terms was flat, rising by 0.004% to 120,051 points and remaining near its 2026 highs.
Trading on the NSX between 2 and 6 February reached N$210.1 million. A total of 4.17 million shares changed hands across 123 deals.
The overall free-float market capitalisation stood at N$1.93 billion at the end of the week.
Financial stocks dominated trading activity. The sector recorded 2.57 million shares traded, valued at N$108.7 million, across 88 deals. Its free-float market capitalisation stood at N$1.38 billion.
The real estate sector followed, with 1.45 million shares traded for a value of N$35.6 million across six deals.
In the basic materials sector, 59 879 shares were traded, generating a turnover of N$45.1 million from nine deals.
The sector’s free-float market capitalisation stood at N$353.7 million. Consumer staples recorded 82,900 shares traded, with a turnover of N$20.4 million from 13 deals.
The local market recorded lower activity. A total of 97 853 shares were traded for N$2.28 million across 26 deals. Year-to-date local market trading now stands at 12.83 million shares valued at N$696.8 million from 135 deals.
Year-to-date trading on the NSX Overall Market reached 9.61 million shares valued at N$737.1 million, executed through 561 deals.
Exchange-traded products recorded year-to-date volumes of 586,544 shares valued at N$200.8 million across 39 deals. The Development Capital Board recorded 56,000 shares traded year to date, valued at N$1.76 million from three deals.
Combined year-to-date trading across the NSX Overall Market, exchange-traded products and the Development Capital Board reached 10.25 million shares, with a total turnover of N$939.6 million from 603 deals.
Caption
The financial sector recorded the highest activity, with 2.57 million shares traded at a value of N$108.7 million across 88 deals in the week ended 6 February.
- Photo: Contributed
