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Namibia 30 Index

Blockchain-native benchmark powering transparent insight into Namibia’s top 30 companies

Major economies rely on benchmark indices to measure market performance and investor sentiment. Germany has the DAX, the United States has the S&P 500 and Dow Jones Industrial Average (DJIA), Japan has the Nikkei 225, and the United Kingdom has the FTSE 100. In Namibia, the Namibia 30 Index (NAX30) extends this benchmark framework as a rules-based, blockchain-native index referencing 30 selected companies listed on the Namibia Securities Exchange (NSX) , providing a transparent composite measure of market performance, where rising levels indicate strengthening confidence and declines signal weakening conditions. NAX30 functions as a transparent, methodology-driven reference for market performance and does not constitute an investment product or confer ownership rights in underlying securities. Founded by Simon Kapenda in February 2026, NAX30 seeks to become the authoritative benchmark for the Namibian capital market and a leading indicator of economic and investment sentiment in Namibia, providing investors, institutions, policymakers and the public with a transparent, rules-based measure of capital market performance, market conditions, investor confidence, and broader economic trends. Complete documentation, disclosures, and framework information are available at:
https://nax30.io

28/10/2026

A new perspective on Namibia’s equity market and the Namibian dollar

The Namibia 30 Index (NAX30) is a rules-based benchmark measuring the aggregate closing performance of 30 selected companies listed on the Namibia Securities Exchange (NSX). Its published closing level provides a view of how the selected equity basket has moved over time.

We’ve added a comparison chart beneath the NAX30 benchmark chart on the https://nax30.io website. It compares NAX30 with the Namibian dollar’s external value against the US dollar. Both series are rebased to 100 at the first matched observation in the selected chart period, so their relative movements can be viewed on the same scale.

The Namibian Dollar (NAD) series is calculated from the reciprocal of the daily USD/NAD closing reference: when the NAD strengthens against the US dollar, the series rises; when it weakens, the series falls. FX observations are matched to NAX30 production closes by Windhoek calendar date. The comparison moves with NAX30 chart updates; dates without an available FX reference are omitted rather than carried forward.

The chart includes endpoint values, a shared crosshair and detailed tooltips showing the NAX30 close, both rebased values, the USD/NAD reference and movement from the previous matched close.

This view can help readers distinguish equity-market movement from currency movement. It is an external-value comparison, not a measure of domestic inflation, household purchasing power or investor returns. It does not change NAX30’s constituents, weights or benchmark calculation. FX values are daily market closing references, not an official Bank of Namibia benchmark rate; the FX close may occur after the NAX30 publication time.

Explore the benchmark and comparison chart at https://nax30.io.

20/10/2026

Namibia 30 Index (NAX30) Market Update | October 19, 2026

The Namibia 30 Index (NAX30) closed Monday, October 19, 2026, at 10,087.41 points, gaining 1.54 points (+0.02%) from its previous closing level of 10,085.87 points.

The modest gain came amid mixed performance on the Namibia Securities Exchange (NSX). The FTSE NSX Overall Index declined 0.15% to 2,376.40 points, while the FTSE NSX Local Index advanced 0.04% to 905.10 points.

Key Market Dynamics

NAX30 Performance: The benchmark recorded a marginal increase of 0.02%, reflecting relative stability across its 30-constituent reference basket.

Broader Market Weakness: The FTSE NSX Overall Index declined 0.15%, indicating modest selling pressure in the broader equity market.

Domestic Market Resilience: The FTSE NSX Local Index gained 0.04%, suggesting relatively stable performance among domestically focused securities.

Constituent Price Movements: Selected resource-sector securities experienced price adjustments, while other constituent references remained unchanged where no newer trading observations were available.

Market Interpretation

The October 19 session reflected a relatively stable NAX30 benchmark despite mixed movements across the broader Namibian equity market.

The NAX30's marginal increase contrasted with the decline in the FTSE NSX Overall Index, highlighting differences in constituent composition, weighting, and individual security performance.

The benchmark's movement suggests that the selected 30-company reference basket maintained relative stability, while broader market conditions remained mixed.

About NAX30

Founded and developed by Namibia 30 Index in February 2026, Namibia 30 Index (NAX30) is a rules-based, blockchain-native benchmark layer referencing 30 selected companies listed on the Namibia Securities Exchange (NSX), providing a composite measure of market performance, where rising levels indicate improving confidence and declines signal weakening performance.

Follow and track NAX30: https://nax30.io

Disclaimer: For informational purposes only. Not investment advice.

19/10/2026

We’ve upgraded the Namibia 30 Index (NAX30) Benchmark Chart, making it easier to explore and analyze the performance of 30 selected companies listed on the Namibia Securities Exchange.

The chart now includes:

• 14 historical ranges, from 1D through ALL, including MTD, QTD, and YTD.
• Custom date selection for focused research.
• Benchmark level, rebased, and drawdown views for different analytical perspectives.
• Zoom, pan, and fullscreen controls to explore recorded movements.
• Interactive session tooltips, historical tables, and CSV downloads.
• Period performance statistics and clear disclosures where historical coverage is incomplete.
• Light and dark themes, with responsive controls for desktop and mobile.

The improved 1D view connects the previous recorded session’s close to the latest publication, providing a continuous comparison across trading sessions.

These upgrades improve how users explore the benchmark. NAX30’s underlying methodology and benchmark calculations remain unchanged. The chart displays recorded benchmark observations—not the NAX30 token’s market price.

Explore the upgraded chart:
https://nax30.io/ -data

For informational purposes only. Not investment advice.

16/10/2026

Namibia 30 Index (NAX30) Market Update | October 15, 2026

The Namibia 30 Index (NAX30) closed Thursday, October 15, 2026, at 10,090.28 points, reflecting a published decline of 68.35 points (−0.67%) from the previous benchmark level of 10,158.63.

The decline contrasted with the broader Namibian equity market. The FTSE NSX Overall Index advanced 0.88% to 2,369.51 points, while the FTSE NSX Local Index remained unchanged at 904.20 points.

Key Market Dynamics

NAX30 Performance: The benchmark recorded a published decline of 0.67%, highlighting weakness within its constituent-price references despite gains in the broader market.

Uranium Sector: Paladin Energy (PDN), Bannerman Energy (BMN), and other uranium-related securities experienced substantial price adjustments across recent sessions, contributing to pressure on the NAX30 reference basket.

Domestic Market Stability: The FTSE NSX Local Index remained unchanged, indicating relative stability among domestically focused equities.

Benchmark Reconciliation: A review of the October 14 and 15 constituent feeds identified delayed incorporation of certain earlier market-price movements. These adjustments require careful distinction from actual October 15 trading performance.

Market Interpretation

The divergence between NAX30 and the FTSE NSX Overall Index illustrates the importance of constituent-level price movements, benchmark construction, and consistent daily pricing.

Although the published NAX30 level declined, the broader market's positive performance suggests that the movement should not be interpreted as a market-wide selloff.

A constituent-price reconciliation is underway to ensure historical observations are assigned to their appropriate trading sessions and that benchmark changes accurately reflect the underlying market.

About NAX30

Founded and developed by Simon Kapenda in February 2026, Namibia 30 Index (NAX30) is a rules-based, blockchain-native benchmark layer referencing 30 selected companies listed on the Namibia Securities Exchange (NSX), providing a composite measure of market performance, where rising levels indicate improving confidence and declines signal weakening performance.

Follow and track NAX30: https://nax30.io

Disclaimer: For informational purposes only. Not investment advice. The October 15 benchmark level and daily change are the originally published figures and remain subject to the ongoing historical price reconciliation.

09/10/2026

Namibia 30 Index (NAX30) Weekly Market Summary | October 5–9, 2026

Namibia's equity market experienced a volatile trading week, characterized by early gains, a sharp midweek contraction, and a strong recovery on Friday. The FTSE NSX Overall finished the week approximately 0.03% lower, while the FTSE NSX Local advanced 0.69%.

The broader market strengthened on Monday and Tuesday before declining sharply on Wednesday and Thursday. Friday's recovery lifted the FTSE NSX Overall to approximately 2,356.42, recovering most of the midweek losses.

Key Market Dynamics

• Early-week gains: The FTSE NSX Overall advanced 0.50% on Monday and 0.65% on Tuesday, reaching 2,384.5 as internationally exposed securities supported market performance.

• Midweek contraction: The Overall Index declined 2.09% on Wednesday to 2,334.7, followed by another 0.81% decline on Thursday to approximately 2,315.9.

• Friday recovery: The Overall Index rebounded approximately 1.75% to 2,356.42, nearly recovering its weekly losses.

• Overall–Local divergence: The FTSE NSX Overall moved from 2,357.2 on October 2 to approximately 2,356.42 on October 9, a decline of 0.03%. Meanwhile, the FTSE NSX Local increased from 897.9 to 904.1, gaining approximately 0.69%.

Weekly Interpretation

The defining feature of the week was the considerable volatility among internationally exposed securities compared with the relative stability of Namibia's domestic equity segment.

The approximately 0.72 percentage-point weekly performance gap between the FTSE NSX Overall and Local indices indicates that domestic-market performance remained comparatively resilient while the broader market experienced substantial fluctuations.

Friday's recovery substantially reversed the midweek decline, suggesting improving broader-market sentiment toward the end of the trading week.

The NAX30 weekly closing level and percentage performance remain to be inserted from the production benchmark results. The FTSE NSX movements above are market context, not substitutes for NAX30 performance.

About NAX30

Founded and developed by Simon Kapenda in February 2026, Namibia 30 Index (NAX30) is a rules-based, blockchain-native benchmark layer referencing 30 selected companies listed on the Namibia Securities Exchange (NSX), providing a composite measure of market performance, where rising levels indicate improving confidence and declines signal weakening performance.

Follow and track NAX30: https://nax30.io

Disclaimer: For informational purposes only. Not investment advice.

09/10/2026

NAX30 at the NAMFISA FinTech Square 2026 Pitch Arena — A Valuable Experience

Yesterday, Namibia 30 Index (NAX30) had the opportunity to participate in the NAMFISA FinTech Square 2026 Pitch Arena in Windhoek, having been shortlisted among the top 12 out of 36 applicants.

Although NAX30 did not advance to the top five, I am grateful for the opportunity to introduce NAX30 and share our vision for Namibia's capital markets. Congratulations to the five teams that advanced!

Why does Namibia need NAX30?

Major economies rely on benchmark indices to measure stock market performance. The United States has the S&P 500 and Dow Jones Industrial Average, Germany has the DAX, the United Kingdom has the FTSE 100, and Japan has the Nikkei 225.

Namibia already has established FTSE NSX indices. NAX30 aims to complement these benchmarks by introducing an independently developed, rules-based index referencing 30 selected companies listed on the Namibia Securities Exchange (NSX).

A benchmark index is not simply a collection of stock prices.

Stock prices tell us how individual companies are performing. A benchmark index brings selected companies together into a single measure, helping investors, institutions, fund managers, policymakers, and the public understand broader market performance.

Benchmark indices are important because they help measure investment returns, compare portfolio performance, monitor market trends, and support the development of investment products such as index funds and ETFs.

NAX30 also has a separate blockchain-native digital benchmark layer through the NAX30 Token, which references the index without representing ownership of its underlying companies.

Our vision is to contribute to Namibia's financial-market infrastructure, making benchmark information more accessible and creating opportunities for financial innovation.

We sincerely appreciate , , and for the opportunity and for supporting Namibia's growing fintech ecosystem.

Being among the top 12 was already a meaningful achievement for us.

Follow and track NAX30: https://nax30.io

09/10/2026

Yesterday at the NAMFISA FinTech Square 2026 Pitch Arena in Windhoek, Namibia 30 Index (NAX30) made it to the top 12 out of 36 applicants but did not advance to the top 5. Congratulations to the five teams that made it through!

We appreciate , , and for the opportunity.

Track NAX30: https://nax30.io

07/10/2026

We are proud to announce that Namibia 30 Index (NAX30) has been shortlisted as one of the Top 12 applicants for the NAMFISA FinTech Square 2026 Pitch Arena in Windhoek.

We appreciate the recognition from , , and Namibia and look forward to presenting to the judging panel.

NAX30: https://nax30.io

23/09/2026

Namibia 30 Index (NAX30) Market Closing Summary | September 22, 2026

The Namibia 30 Index (NAX30) closed Tuesday at 10,167.19, advancing 38.97 points, or 0.38%, from Monday’s close of 10,128.22.

The benchmark extended its advance above 10,100 as broader-market strength continued. The FTSE NSX Overall rose 0.72% to 2,408.5, while the FTSE NSX Local increased 0.08% to 859.1, producing an approximately 0.64 percentage-point spread and a Strong Divergence closing regime.

Key Market Dynamics

• NAX30 strengthened further: the 0.38% advance extended Monday’s 0.17% gain, lifting the benchmark by 55.02 points across the first two sessions of the week.

• Broader-market strength remained dominant: the FTSE NSX Overall gained 0.72%, materially outperforming both NAX30 and the domestic-market segment.

• Domestic equities remained comparatively stable: the Local Index advanced only 0.08%, indicating substantially less repricing within the locally oriented segment.

• NAX30 maintained positive participation: the benchmark captured part of the broader-market advance while remaining less sensitive than the Overall Index, closing at its highest level of the current week.

Market Interpretation

Tuesday’s close reflects continued NAX30 appreciation within a strongly divergent NSX market structure.

NAX30’s 0.38% gain followed Monday’s 0.17% advance, taking the benchmark from Friday’s 10,111.17 to 10,167.19 over two sessions.

The approximately 0.64 percentage-point Overall–Local spread shows that market strength remained concentrated primarily in the broader, internationally exposed segment rather than being uniformly distributed across the NSX.

NAX30 nevertheless participated positively in that environment, extending above 10,100 and maintaining upward momentum into Tuesday’s close.

About NAX30

Founded and developed by Simon Kapenda in February 2026, Namibia 30 Index (NAX30) is a rules-based, blockchain-native benchmark layer referencing 30 selected companies listed on the Namibia Securities Exchange (NSX), providing a composite measure of market performance, where rising levels indicate improving confidence and declines signal weakening performance.

Follow and track NAX30: https://nax30.io

Disclaimer: For informational purposes only. Not investment advice.

21/09/2026

Namibia 30 Index (NAX30) Market Closing Summary | September 21, 2026

The Namibia 30 Index (NAX30) closed Monday at 10,128.22, advancing 17.05 points, or 0.17%, from Friday’s close of 10,111.17.

The benchmark extended above the 10,100 level as broader-market strength outweighed relatively subdued domestic-market movement. The FTSE NSX Overall advanced 0.91% to 2,391.2, while the FTSE NSX Local increased just 0.03% to 858.4, producing an approximately 0.88 percentage-point spread and a Strong Divergence closing regime.

Key Market Dynamics

• NAX30 advanced 0.17%, extending the benchmark’s recovery while remaining considerably less sensitive than the 0.91% increase in the FTSE NSX Overall.

• Broader-market exposure dominated: the sharp increase in the Overall Index relative to NAX30 and the Local Index indicates that internationally exposed securities were the principal source of market strength.

• Domestic conditions remained stable: the Local Index gained only 0.03%, indicating limited repricing across Namibia’s domestic-market segment.

• NAX30 participation remained measured: the benchmark’s 17.05-point gain indicates positive constituent support, but the magnitude of the move remained substantially below the broader-market advance.

Market Interpretation

Monday’s close reflects positive NAX30 performance within a strongly divergent NSX market structure.

The key signal was the separation between the 0.91% Overall advance and 0.03% Local gain. The resulting approximately 0.88 percentage-point spread indicates that the session’s strength was concentrated primarily in the broader, internationally exposed segment rather than representing uniform appreciation across the NSX.

NAX30 nevertheless advanced for the session and closed at 10,128.22, maintaining the benchmark above 10,100 and extending its improvement from Friday’s 10,111.17 close.

About NAX30

Founded and developed by Simon Kapenda in February 2026, Namibia 30 Index (NAX30) is a rules-based, blockchain-native benchmark layer referencing 30 selected companies listed on the Namibia Securities Exchange (NSX), providing a composite measure of market performance, where rising levels indicate improving confidence and declines signal weakening performance.

Follow and track NAX30: https://nax30.io

Disclaimer: For informational purposes only. Not investment advice.

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Oshakati

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http://nax30.io/

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