Fresh investor appetite rallies BSE northwards

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The mainstream Domestic Companies Index (DCI) on the Botswana Stock Exchange (BSE) has touched a new 12-month high on the back of rejuvenated interest from investors.

In yesterday’s trading, the DCI registered lukewarm trading adding to last week’s momentum in which the benchmark index’s bull run propelled the market to a fresh record high of 9572.55 points. 

According to Motswedi Securities, investors returned to the market place after the Independence holiday, with an aggressive appetite for the local stocks as over 30 million shares worth of P163.5 million exchanged hands; the highest weekly trades in more than three months. 

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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