Chamwe Kaira
The Namibian Securities Exchange opened the week higher on Monday, 16 March, with gains in financial and consumer stocks, while real estate and basic materials declined.
The benchmark FTSE/JSE All Share Index rose by 1,638.04 points (1.43%) to close at 116,562.25, up from 114,924.21 in the previous session. The index remains below its 2026 high of 128,455.68.
On the local market, the NSX Overall Index increased by 10.80 points (0.50%) to close at 2,159.45, up from 2,148.65. The index has risen 0.85% since December 2025, when it stood at 2,141.33.
The NSX Local Index added 0.25 points (0.03%) to close at 817.86, up from 817.61. This figure is the highest level recorded so far in 2026. The index has gained 1.25% since December 2025, when it closed at 807.75.
Financial stocks led gains. The NSX Financials Index rose by 11.59 points (1.66%) to 709.90 from 698.31. The sector’s December 2025 level of 713.62 is still below it.
The NSX Consumer Staples Index recorded the strongest increase. It rose by 47.77 points (3.77%) to 1,314.59 from 1,266.83. The index is slightly below its December 2025 level of 1,318.98.
The NSX Real Estate Index fell by 4.09 points (0.17%) to 2,404.28. It remains well below its December 2025 level of 2,700.75.
The NSX Basic Materials Index declined by 12.21 points (1.62%) to 742.01. The sector remains 3.71% higher than its December 2025 level of 715.47.
The NSX Telecommunications Index, NSX Consumer Discretionary Index and NSX Utilities Index recorded no changes during the session.
Trading ended higher, supported by gains in financial and consumer stocks, while losses in real estate and basic materials limited overall growth.
