BSE up 4% in H1

Crest of a wave: Stanchart CEO, Mpho Masupe. The bank's share price has lead the BSE this year
Crest of a wave: Stanchart CEO, Mpho Masupe. The bank's share price has lead the BSE this year

The Botswana Stock Exchange’s (BSE) flagship platform, the Domestic Companies Index (DCI), rose by 4.2 percent in the first half of the year, powered by robust performances in financial counters and others.

Over the corresponding period last year, the DCI had risen 2.5 percent, indicating that this year has seen broad price strengthening across the local exchange.

According to data compiled by Stockbrokers Botswana, leading the DCI in the first half of the year was Standard Chartered whose share price gained a net 44%, followed by Chobe Holdings with 26.4%, Absa Botswana with 14.3%, and Engen Botswana with 11.7%.


Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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