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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.

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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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