Letshego weighs down BSE in Q3

According to Stockbrokers Botswana’s third quarter review released on Monday, the BSE’s Domestic Companies Index (DCI) lost P2.3 billion in value largely as a result of the fall in Letshego, which dropped by 59 thebe.

The DCI’s slide, seen since the beginning of the year, however, slowed in the third quarter at 2.12 percent compared to 3.34 in the second quarter. “The DCI reached a 12-month low of 7397.77 points in August, however it recovered over September to close third quarter at 7460.95,” Stockbrokers analysts noted.