Africa expansion buoys Letshego on BSE

Wednesday, March 09, 2016

Financial services group, Letshego Holdings continues to reign as the most traded stock on the Botswana Stock Exchange (BSE) backed by its good profit numbers as well as it regional expansion.

A market analyst at Motswedi Securities, Tlotlo Ramalepa said despite a wave of profit taking that had weighed on the counter lately, Letshego has been the most liquid counter since last year.

“This could reflect investor confidence towards the stock, led by the growth outside Botswana to other southern African countries and beyond,” he said.

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