Namibia market highlights:
The Namibia Securities Exchange (NSX) Overall Index rose 1.51%, supported by gains in dual-listed counters, while the NSX Local Index edged 0.04% higher. SBN Holdings gained 0.23%, and Capricorn Group up 0.08%. The JSE All Share Index declined 1.37%, tracking broad-based weakness, while the Top 40 Index fell 1.47%. Losses were led by the Resources […] The post Namibia market highlights: appeared first on The Namibian.
The Namibia Securities Exchange (NSX) Overall Index rose 1.51%, supported by gains in dual-listed counters, while the NSX Local Index edged 0.04% higher. SBN Holdings gained 0.23%, and Capricorn Group up 0.08%.
The JSE All Share Index declined 1.37%, tracking broad-based weakness, while the Top 40 Index fell 1.47%. Losses were led by the Resources 10 Index, which slipped 2.56%, reflecting softer sentiment toward mining shares.
The Dow Jones eased 0.36%, with the S&P 500 down 0.41% as risk appetite softened. The FTSE 100 declined 0.19%, while Asian markets were mixed, with the Nikkei gaining 0.90% and the Hang Seng slipping 0.08%.
Brent crude edged higher 0.05% to around US$105.12 (N$1 955)/bbl, while gold weakened 0.27% to US$4 681 (N$87 066)/oz. Platinum fell 0.82%, trading near US$1 995 (N$37 107)/oz.
The Namibian dollar/US dollar weakened slightly to 16.64, in line with a firmer US dollar tone.
– PSG Wealth Namibia
The post Namibia market highlights: appeared first on The Namibian.
