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
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‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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