CHAMWE KAIRA
The Namibia Securities Exchange (NSX) recorded total trading activity worth N$94.9 million during the week ended 17 July 2026, with the financial sector accounting for the largest share of turnover.
According to the NSX weekly trading statistics, a total of 1.8 million shares changed hands across 87 deals during the reporting period, generating a total traded value of N$94.9 million.
The financial sector dominated market activity, recording trades valued at N$69.4 million from 1.48 million shares exchanged across 65 transactions. The sector had a free-float market capitalisation of N$1.39 trillion, making it the largest contributor to overall market turnover during the week.
The consumer staples sector was the second most active by value, with trades amounting to N$15.6 million from 119 945 shares across 11 deals. Basic materials followed with N$5.2 million traded from 6 557 shares in four transactions.
Real estate stocks generated N$4.7 million in turnover from 187 695 shares traded across five deals, while the consumer discretionary sector recorded N$70,067 in value traded from 1 241 shares in two transactions.
No trading activity was recorded in the telecommunications and utilities sectors during the week.
The NSX Local Index recorded a free-float market capitalisation of N$19.7 billion. Local shares generated turnover of N$7.7 million from 814 582 shares traded across 33 deals.
On a year-to-date basis, local market turnover stood at N$185.2 million from 9.56 million shares traded in 782 transactions.
Across the overall market, year-to-date trading reached 72.75 million shares with a combined value of N$4.61 billion executed through 2 832 deals.
Exchange Traded Products (ETPs) recorded cumulative year-to-date turnover of N$504.3 million from 2.45 million units traded in 151 deals, while the Development Capital Board (DevX) registered N$19.8 million in turnover from 539,780 shares across 29 transactions.
Including the overall market, ETPs and DevX, total year-to-date trading on the NSX reached 75.74 million shares valued at N$5.13 billion through 3 012 deals.
The NSX Overall Index declined by 1.73% during the week ended 17 July 2026, closing at 2 254.66 points from 2 294.38 points the previous week, as losses in consumer discretionary and basic materials stocks weighed on the market.
The NSX Local Index, however, edged up by 0.35% to close at 848.02 points, compared with 845.08 points a week earlier, reflecting modest gains among locally listed companies.
The JSE All Share Index, which influences the dual-listed segment of the NSX, fell by 0.71% over the week to 109 569.92 points from 110 355.39 points.
Among the sector indices, Consumer Discretionary recorded the largest weekly decline, falling 4.66% to 2 531.19 points. Basic Materials also lost 4.66%, closing at 757.46 points.
Consumer Staples declined by 0.26% to 1 391.93 points, while the Utilities Index remained unchanged at 1 084.09 points. The Telecommunications Index was also flat at 306.11 points.
In contrast, the Financials Index gained 0.17% to close at 751.71 points, while the Real Estate Index rose 0.19% to 2 679.02 points.
Despite the week’s decline, the NSX Overall Index remains 5.29% higher than its level at the end of December 2025, while the Local Index has gained 4.99% over the same period.
Sector performance since the start of the year shows Basic Materials leading with a 5.87% gain, followed by Consumer Staples at 5.53% and Financials at 5.34%. Telecommunications has advanced 2.22%.
Consumer Discretionary has been the weakest-performing sector year-to-date, down 5.65%, followed by Utilities, which has declined 2.11%, and Real Estate, down 0.80%.
The Local Index closed the week at its highest level of the year, matching its 2026 high of 848.02 points, while the Overall Index remained below its 2026 peak of 2 428.98 points.
