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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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