Chamwe Kaira
The Namibian Securities Exchange recorded mixed performance during the trading week from 9 to 13 March, with the overall index declining while the local index increased slightly.
The NSX Overall Index closed at 2 148.65 points, down 9.11 points, or 0.42%, from the previous week’s level of 2 157.76 points.
Despite the weekly decline, the index remains slightly above its December 2025 level of 2,141.33 points. This represents a 0.34% increase since the start of the year.
During 2026 the index reached a high of 2 408.59 points and a low of 2 141.86.
The NSX Local Index moved higher during the week, rising 1.08 points to close at 817.61 points compared to 816.52 points in the previous week.
The local index has increased by 1.22% since December 2025 and currently stands at its highest level recorded this year. The lowest level recorded in 2026 is 807.70 points.
Sector performance during the week was mixed.
The telecommunications sector gained 0.10% to close at 302.78 points, up from 302.47 points in the previous week. The sector has risen 1.11% since December 2025.
The financial sector declined slightly by 0.09% to 698.31 points from 698.92 points and is down 2.14% since December 2025.
Real estate recorded the largest decline during the week. The sector fell 4.03% to 2,408.37 points from 2,509.44 points and is down 10.83% since December 2025.
Consumer discretionary stocks declined by 3.00% to 2 564.07 points from 2 643.51 points, leaving the sector 4.43% lower than its December 2025 level.
Consumer staples recorded one of the stronger performances during the week. The sector increased 0.36% to 1,266.83 points from 1,262.28 points.
The basic materials sector declined by 0.86% to 754.22 points from 760.74 points. Despite the weekly drop, the sector remains 5.42% higher than its December 2025 level.
The utilities sector remained unchanged at 1,107.49 points with no movement recorded during the week or since December 2025.
The NSX Local Index has shown gradual growth since mid-January.
The index increased from just above 808 points around 15 January to about 817 points by 13 March.
Daily movements remained small, but the overall trend showed steady gains over the two-month period.
During the second half of January, the index fluctuated between about 808 and 810 points before rising toward the end of the month.
By mid-February the index had reached about 814 to 815 points before stabilising above 815 points in late February and early March.
Globally, the Johannesburg Stock Exchange All Share Index declined during the same week.
The index fell by 1.42% or 1,659.20 points to close at 114 924.21 compared to 116 583.41 in the previous week.
The JSE All Share Index has declined by 0.78% since December 2025 and currently sits at its lowest level for 2026. The highest level recorded this year is 128 455.68.
