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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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