Stock Markets Subbed As Investors Become Wary

In last week's trading the Domestic Companies Index's (DCI) six weeks winning streak came to a halt following losses in mid to small capitalised stocks.  Volumes were generally thin except in Letshego, Sefalana and Sechaba as most institutional investors wait on the sidelines ahead of the first half reporting period. Since the beginning of the year, the DCI gained the most in February, but lost ground in March and May.

 "Going forward, we expect investors interest on the local bourse to improve in line with improving global and local economic conditions," read a market report from Motswedi Securities.