BSE ends half-year in the red

Bear run: The stock market has seen more sellers than buyers in the first half of 2017
Bear run: The stock market has seen more sellers than buyers in the first half of 2017

The Botswana Stock Exchange (BSE) closed the first half of the year trading in the negative, continuing a trend that has persisted since 2015.

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.

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Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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