Chamwe Kaira
The Namibian Securities Exchange (NSX) overall index has gained 5.74% since the start of 2026, closing at 2,329.01 points during the trading week from 4 May to 8 May.
The local index increased by 2.42% year-to-date to close at 834.16 points. The overall index also rose by 0.87% compared to the previous trading day.
South Africa’s JSE All Share Index also recorded gains, rising 0.69% to 117 888.93 points.
Among sectors listed on the NSX, basic materials recorded the strongest growth since the start of the year.
The sector climbed 13.17% to close at 894.44 points, reaching a new high for 2026 during the week.
Consumer staples rose 2.75% year-to-date to 1,395.61 points, while telecommunications gained 1.11% to close at 302.14 points.
The financial sector increased by 1.72% since December 2025 to end the week at 707.77 points.
Real estate and consumer discretionary sectors remained under pressure, both declining 6.43% year-to-date. The real estate index closed at 2 551.20 points, while consumer discretionary ended at 2 468.19 points.
Utilities declined 2.11% since the beginning of the year and closed unchanged at 1 084.09 points.
The local index also reached a new 2026 high of 834.16 points during the week.
The telecommunications sector offered the highest dividend yield at 10.15%, followed by consumer discretionary at 9.37%. The local index recorded a dividend yield of 9.68%.
The market recorded 4.03 million shares traded during the week, with a total value of N$323.8 million across 109 deals.
The financial sector led trading activity, recording 3.87 million shares traded worth N$248.1 million in 81 deals. The sector also held the largest free float market capitalisation at N$1.31 trillion.
Basic materials recorded the second-highest trading value at N$60.9 million from 70 751 shares traded in seven deals. The sector’s free float market capitalisation stood at N$405.6 billion.
Consumer staples generated N$13.95 million in trading value from 56 488 shares traded in seven deals.
The real estate sector recorded N$769 598 in trades from 32 626 shares across six deals.
The telecommunications sector recorded limited activity, with only 420 shares traded worth N$5 166 in one deal.
Consumer discretionary stocks recorded N$72 685 in trades from 1 392 shares across four deals.
No trades were recorded in the utilities sector during the week.
On the local index, 159 034 shares worth N$1.62 million were traded across 22 deals.
Year-to-date trading activity on the local index reached 6.4 million shares valued at N$129.8 million across 533 deals.
The NSX overall market has so far recorded year-to-date turnover of 40.98 million shares valued at N$2.85 billion from 1 930 deals.
Exchange traded products recorded year-to-date trades of 1.61 million units worth N$306.5 million across 106 deals.
The DevX market recorded turnover of 417,854 shares valued at N$16.1 million in 16 deals.
Combined turnover across the overall market, exchange-traded products and DevX reached 43 million shares valued at N$3.17 billion from 2,052 deals.
