BSE fine-tunes tracking of shares performance

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 bourses 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
Exercise extra caution!

Unfortunately, petty thieves tend to be more vicious around this time as they also prepare for the festive season. Culturally, many Batswana go home for the holiday, and petty thieves are amongst those who go home. Burglaries, car break-ins, and attacks on unsuspecting pedestrians seem to be on the rise!That is not all, as scammers continue to take money from pensioners as well as other Batswana who may fall prey to their unscrupulous tactics....

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