BSE ends half-year in the red
Friday, July 07, 2017
Bear run: The stock market has seen more sellers than buyers in the first half of 2017
The bourse’s performance as measured by the benchmark, Domestic Companies Index (DCI) stood at 9,244.23 points on June 30, down 1.66% on a year-to-date basis and 8.5% lower over the past 12 months.
A market analyst at Motswedi Securities, Moemedi Mosele attributed the bearish streak to large cap stocks, which he said, continue to disappoint for a number of reasons.
Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...