About NAX30
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.
Developed by Simon Kapenda in February 2026, Namibia 30 Index (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.
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.