CHAMWE KAIRA
Namibia Securities Exchange (NSX) recorded approximately N$63 million in share trading during the week ended 6 November 2026, with financial stocks accounting for the bulk of activity on the local market. The NSX report covered trading between 2 and 6 November 2026.
The exchange’s weekly market report shows that total trading across the NSX amounted to N$83.7 million from 105 deals, while the local market recorded N$6.3 million in turnover from 26 deals involving 513 139 shares.
Financial stocks dominated activity, generating N$54.8 million in turnover from 75 deals. The sector accounted for the largest share of weekly trading value.
Consumer staples was the second-largest contributor, recording N$20.6 million in turnover from 13 deals, followed by real estate at N$4.0 million and basic materials at N$3.2 million.
On the local market, SBN Holdings recorded the highest turnover among the actively traded banking stocks, with 148 040 shares changing hands for N$2.2 million across 12 deals.
Letshego Holdings Namibia followed with N$2 million in turnover from 308 093 shares traded in five deals. Capricorn Group recorded N$1.2 million from 39 820 shares across four deals, while FirstRand Namibia generated N$845 312 from 14 081 shares in two deals.
Mobile Telecommunications Limited recorded turnover of N$15 074 from 1 500 shares, while Namibia Breweries traded 1 605 shares valued at N$51 376.
The local market’s free-float capitalisation stood at N$19.9 billion at the end of the reporting period, while total market capitalisation based on shares in issue amounted to N$61.6 billion.
Year-to-date local market trading reached N$320 million from 16.2 million shares and 1 196 deals.
The NSX also reported several cautionary announcements during the week. Oryx Properties advised shareholders to exercise caution on 6 November, following similar notices from Trustco Group Holdings on 5 November and Stimulus Investments on 3 November.
Alpha Namibia Industries Renewable Power and Savanna Beef Processors had also issued cautionary notices on 27 October.
Meanwhile, Oceana Group’s trading statement, published on 27 October, indicated that earnings per share were expected to decline by between 45% and 55% for the year ended 30 September 2026.
Headline earnings per share were also expected to decrease, although the NSX report records the lower end of the expected decline as 46% and the upper end as 56% in an apparent formatting error.
