DCI silent ahead of festive season
Wednesday, November 25, 2015
Motswedi Securities weekly financial markets highlights show that despite the silence of the domestic counters, the trades were quite higher than those traded in the prior week, with Letshego trading about 50 percent of volumes while Choppies and Turnstar exchanged 26.8 percent and 16 percent of the total volumes in that respective order.
The Domestic Companies Index (DCI) nevertheless advanced by eight basis points while the despondent activity on the foreign board led the Foreign Companies Index (FCI) to end flat at 1,566.81 points.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...