BTCL share prices touches two-year high

Tuesday, April 04, 2023 | 1060 Views |

Better days: BTCL's share price recently improved PIC: MORERI SEJAKGOMO

The Botswana Telecommunications Corporation Limited's (BTCL) share price on the Botswana Stock Exchange recently reached a two-year high, a rare positive performance for a counter that has generally performed negatively since its listing in 2016.

BTCL’s shares gained nine thebe on March 28 to reach 86 thebe, the highest level since December 16, 2020, as the telecomms group joined the broadly upward momentum of the stock exchange.

The share price jump last month takes BTCL to net growth of 11.7% for the year, putting it amongst the top five gainers on the BSE, according to data shared by Stockbrokers Botswana.

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BTCL share prices touches two-year high

The Botswana Telecommunications Corporation Limited's (BTCL) share price on the Botswana Stock Exchange recently reached a two-year high, a rare positive performance for a counter that has generally performed negatively since its listing in 2016.