Choppies leads BSE in January

Tuesday, February 04, 2014

Mega-retailer, Choppies Supermarket, was the best performing counter at the Botswana Stock Exchange (BSE) in January, with its share price gaining 25% in yet another milestone for the chain store.

Choppies led the BSE in its listing year of 2012, gaining 78% in the 12 months after its January 26 debut. In 2013, the retailer was the third highest gaining counter on the BSE, returning gross value of 63.9% to its shareholders.

As at last Friday, Choppies’ share price had risen more than three and a half times from its listing price of P1.15, being one of the most sterling performances by a BSE debutant in recent years.

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