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NSX Soars as Materials Lead | Namibia News
Namibia’s stock market surged this week as the NSX main index climbed 2.06% to 2,476.51 points, marking its highest level of the year amid a strong 15.65% annual gain. Basic Materials led the charge with a 4.96% jump, followed by Consumer Staples at 3.28%, while Telecommunications edged up. However, Consumer Discretionary took a steep 7.59% hit, with Financials and Real Estate also dipping slightly—though both remain positive for the year. Utilities held steady. Meanwhile, South Africa’s JSE All Share Index gained modestly, but sectoral divergence underscores a volatile, uneven economic…
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