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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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