CHAMWE KAIRA
The Namibia Stock Exchange (NSX) Overall Index declined by 1.02% during the week ended 19 June, closing at 2,386.93 points from 2,411.60 points the previous week, as losses in the basic materials sector weighed on the market.
Despite the weekly decline, the Overall Index remained 11.47% higher than its level at the end of December 2025.
The NSX Local Index edged up 0.07% to close at 840.70 points, extending its year-to-date gain to 4.08%.
The Johannesburg Stock Exchange (JSE) All Share Index, which influences the dual-listed segment of the NSX, fell 2.08% over the week to 112,610.79 points, leaving it 2.78% below its level at the end of 2025.
Among the sector indices on the NSX, the basic materials index recorded the largest weekly decline, falling 3.47% to 849.27 points.
However, the sector remains the strongest performer this year, with a gain of 18.70% since December 2025.
The real estate sector posted the biggest weekly gain, rising 1.59% to 2,680.36 points, although it remains down 0.76% on a year-to-date basis.
The consumer discretionary index increased 1.13% to 2,703.67 points, while the financials index advanced 0.56% to 766.09 points.
Consumer staples also registered gains, rising 0.32% to 1,461.82 points, bringing its year-to-date increase to 10.83%.
The telecommunications sector was unchanged at 304.32 points during the week and has gained 1.63% since the start of the year.
Utilities also ended the week unchanged at 1,084.09 points but remain down 2.11% year to date.
The NSX Local Index continued to trade at its highest level of the year, matching its 2026 high of 840.70 points, while the Overall Index remained below its annual high of 2,428.98 points.
Dividend yields remained highest in the telecommunications sector at 9.95%, followed by the local index at 9.59% and consumer discretionary stocks at 8.56%, reflecting the income-generating appeal of these segments despite mixed market performance.
