The market capitalisation of the 30 companies listed on the Namibia Stoke Exchange (NSX) increased year-on-year while it slowed quarter-on-quarter at the end of September this year.
The overall market capitalisation stood at N$2.12 trillion at the end of September, three percent higher than the N$2.06 trillion a year earlier, driven by higher share prices, Bank of Namibia statistics revealed. Nevertheless, quarter-on-quarter growth decreased by a mere 0.28 percent.
 
The share price indices for most industries in the overall index increased during the quarter under review. The indices for consumer staples, consumer discretionary, financials, telecommunications and real estate increased, to close at 1200.91 index points, 3600.45 index points, 486.18 index points, 244.06 index points and 1481.89 respectively, at the end of the third quarter.
By contrast, the indices for basic materials and utilities decreased, to close at 547.24 index points and 998.88 index points, respectively.
In the 2022 Annual Report, the Namibia Stock Exchange said it has grown significantly with more than 92 companies being listed over the years across a range of sectors including both domestic and international.
As at December 2022 a total of 50 (2021: 51) companies are listed on the Main Board, the Development Capital Board (DevX) and Exchange Traded Funds of the NSX.
In categorising the 50 listed companies, there are 36 dual-listed companies and 14 local listed companies inclusive of the two Capital Pool Company (CPC) listed companies on the NSX.
In the capital market, the overall comparative value traded was N$13,782 billion for the year ending December 2022 increasing by 24.5 percent compared to the previous year.
At 31 December 2022 the total market capitalisation was N$2,268 trillion or US$133 billion.
The local index decreased with four percent in 2022 (2021: 16 percent increase) on turnover of N$609 million (2021: N$448 million), all in an illiquid market, while the Overall Index gained four percent (2021: 28 percent increase) against the JSE All Share Index which decreased by once percent
