Foreign investors' appetite for BSE soars

Monday, October 28, 2019

Moribame says the Exchange's efforts are paying off

Foreign institutional investors bought and sold shares worth P511.7 million in Botswana Stock Exchange-listed equities between January and September 30, 2019, a marked increase in their appetite from the corresponding period last year.

According to a Botswana Stock Exchange Limited (BSEL) report made available on Tuesday, foreign institutional investors’ contribution to total equity turnover between January and September 2019 was pegged at 42.2%, up from 35.5% the previous year.

The local bourse recorded total equity turnover of P1.2 billion in the year to September 30, 2019, a drop from P1.23 billion in the corresponding period last year.

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Foreign investors' appetite for BSE soars

Foreign institutional investors bought and sold shares worth P511.7 million in Botswana Stock Exchange-listed equities between January and September 30, 2019, a marked increase in their appetite from the corresponding period last year.