Equities soften on sluggish economy

Tuesday, October 24, 2017

The subdued performance of the Botswana Stock Exchange (BSE) is a reflection of a slowdown in companies’ earnings and a sluggish economy in general, the bourse said in a market update report.

The performance of the BSE, as measured by the benchmark Domestic Companies Index (DCI) has lost five percent in the first nine-months of the year.

In a third quarter (Q3) market update, the BSE says that despite an impressive 4.2% economic growth forecast for 2017, the sentiment on the ground is different with companies and perception surveys pointing to a subdued growth.

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Equities soften on sluggish economy

The subdued performance of the Botswana Stock Exchange (BSE) is a reflection of a slowdown in companies’ earnings and a sluggish economy in general, the bourse said in a market update report.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

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