Fresh investor appetite rallies BSE northwards
Tuesday, October 14, 2014
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.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...