Foreign investors' appetite for BSE soars

Moribame says the Exchange's efforts are paying off
Moribame says the Exchange's efforts are paying off

Foreign institutional investors bought and sold shares worth P511.7 million in Botswana Stock Exchange-listed equities between January and September 30, 2019, a marked increase in their appetite from the corresponding period last year.

According to a Botswana Stock Exchange Limited (BSEL) report made available on Tuesday, foreign institutional investors’ contribution to total equity turnover between January and September 2019 was pegged at 42.2%, up from 35.5% the previous year.

The local bourse recorded total equity turnover of P1.2 billion in the year to September 30, 2019, a drop from P1.23 billion in the corresponding period last year.

Editor's Comment
Implement the recommendations Mr. President

The nation is eagerly awaiting this report to have a glimpse of what the recommendations are like, possibly for further debate. Mr. President, it’s our ardent hope that true to your promises, the public will have an opportunity to peruse the report and see if it reflects their interests as the Commission went around the length and breadth of the country collecting views of the people with some choosing to write to the Commission’s...

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