Tag: Recap

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Market Recap 27 March to 2 April 2024
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Market Recap 27 March to 2 April 2024

This week, the NSX Local index declined by 1.21%, closing at 677.4, while the NSX Overall Index increased by 1.41%, closing at 1539.4. As of April 2, 2024, FirstRand Namibia emerged as the largest local company on the exchange, boasting a market capitalization of N$ 13.3 billion. It was followed by Capricorn Group with N$...

Market Recap 13 to 19 March 2024
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Market Recap 13 to 19 March 2024

The Namibian stock market experienced mixed performance this week, with the NSX Local index inching up 0.06% to 674.2, while the broader NSX Overall Index dipped 2.73% to 1504.7. As of March 19, 2024, FirstRand Namibia maintained its position as the largest local company on the exchange, boasting a market capitalization of N$ 13.3 billion,...

Market Recap 6 to 12 March 2024
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Market Recap 6 to 12 March 2024

This week, the local market witnessed a marginal uptick with the NSX Local index rising by 0.03% to 673.8, while the NSX Overall Index displayed a stronger performance, surging by 2.70% to 1541. As of 12 March 2024, FirstRand Namibia emerged as the largest local entity on the exchange, boasting a market capitalization of N$...

Market Recap 28 February to 5 March 2024
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Market Recap 28 February to 5 March 2024

In the local market this week, both the NSX Local index and the NSX Overall Index experienced declines, with the NSX Local index down by 1.05% to 671.6, and the NSX Overall Index down by 0.93% to 1510.9 as of March 5, 2024. Among the local companies listed on the exchange, FirstRand Namibia retained its...

Market Recap 21 to 27 February 2024
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Market Recap 21 to 27 February 2024

The Namibia Stock Exchange ended the week on a mixed note. While the local NSX Local Index declined 0.12% to 677.5, the NSX Overall Index rose 1.99% to 1,551.4 points. Looking at the largest domestic firms, FirstRand Namibia retained its position as the biggest local company by market capitalization at N$13.3 billion. Capricorn Group followed...

Market Recap 14 to 20 February 2024
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Market Recap 14 to 20 February 2024

This week in the local market, the Namibian Stock Exchange (NSX) indices showed a positive trend. The NSX Local index rose by 0.41% to reach 677.6, while the NSX Overall Index saw a more significant increase of 1.80%, closing at 1534.6. As of February 20, 2024, FirstRand Namibia emerged as the largest local company on...

Market Recap 7 to 13 February 2024
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Market Recap 7 to 13 February 2024

In the local market this week, investors experienced mixed results as the NSX Local index saw a modest increase of 0.31% to reach 674.5, while the NSX Overall Index declined by 2.11% to settle at 1517.1. As of February 13, 2024, FirstRand Namibia emerged as the largest local company on the exchange, boasting a market...

Market Recap 31 January to 6 February 2024
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Market Recap 31 January to 6 February 2024

In a week marked by fluctuating fortunes, the Namibian Stock Exchange (NSX) witnessed declines across key indices. The NSX Local index dipped by 0.91% to settle at 672.9, while the broader NSX Overall Index saw a steeper decline of 1.53%, closing at 1542.2. At the forefront of market capitalization, FirstRand Namibia retained its dominant position,...

Market Recap 17 to 23 January 2024
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Market Recap 17 to 23 January 2024

In the local market this week, the Namibian Stock Exchange (NSX) witnessed a nuanced performance, with the NSX Local Index edging up by 0.51% to reach 675.9, while the NSX Overall Index made a marginal 0.01% gain, settling at 1547.6 by the close of the week on January 23, 2024. As of the mentioned date,...

Market Recap 10 to 16 January 2024
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Market Recap 10 to 16 January 2024

In the local stock market this week, the NSX Local index experienced a marginal uptick of 0.06%, settling at 672.5, while the NSX Overall Index faced a slight downturn of 0.73%, closing at 1559.5. As of January 16, 2024, FirstRand Namibia claimed the top spot as the largest local company on the exchange, boasting a...