Staff Writer
Market indices in Namibia and South Africa recovered on Tuesday after losses in the previous session, data from the Namibian Securities Exchange shows.
The JSE all share index rose 1.10% to close at 119,795.83 points, recovering from a 0.45% decline recorded on 13 April. The index remains 3.42% higher than its level in December 2025, although still below its 2026 high.
In Namibia, the overall index increased by 1.29% to 2,290.09 points, reversing a 0.15% drop in the previous session. The index has gained 6.95% since December 2025.
The Local Index showed little movement, rising 0.06% to 827.78 points. It continues to trade close to its 2026 high, with a year-to-date gain of 2.48% and a dividend yield of 9.67%.
Gains were recorded across most sectors on 14 April. Real estate stocks rose 2.31%. Consumer discretionary stocks increased by 1.28%. Consumer staples climbed 2.27%, bringing its year-to-date gain to 4.27%.
Financial stocks rose by 1.01% and are now up 1.82% since December. Basic materials increased by 1.53% and remain the top-performing sector this year, with a gain of 16.03%.
Telecommunications and utilities showed no change during the session.
The previous trading day saw mixed results, with declines in financial and consumer stocks affecting overall performance. The rebound on Tuesday points to renewed buying interest across key sectors.
Most indices continue to show positive performance in 2026 despite short-term changes in the market.
