BSE fine-tunes tracking of shares performance

New BSE CEO Thapelo Tsheole
New BSE CEO Thapelo Tsheole

The Botswana Stock Exchange (BSE) is effecting changes to the methodologies used in measuring shares performance, a move analysts say will ensure that market indices are more reflective of the bourse’s trends.

Effective Monday (February, 01), the BSE says it will discontinue the computation and reporting of a metric called “ Weighted Price”.

The weighted price, which is calculated by computing the volume weighted average price of stocks using the last five trades of a security on the BSE, was being factored in determining the main indices that measure shares’ performance.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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