BSE bears carryover into 2017

Choppies lost almost half of its value on the BSE in 2016
Choppies lost almost half of its value on the BSE in 2016

After losing 11.33% in 2016, the Botswana Stock Exchange (BSE) looks to continue its bearish streak with sellers outweighing buyers again in the first week of trading of 2017.

The Domestic Companies Index (DCI) shed a further 0.12% in the three days of trading last week and closed the first week of the year 11.37 points lower. Opening the year on a losing note were Stanchart, Turnstar, Barclays and BIHL.

Stanchart, which opened the year trading on a cautionary, was one of the biggest losers for the week, softening 1.9% or 15 thebe to close the week’s trading at P7.60, a new 12-month low.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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