Property counters buoy stock market
Wednesday, January 14, 2015
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Analysts attributed the rise in property stocks to their relatively attractive dividend yields, as compared to other counters on the main board during the week ended January 9. Property counters Letlole and Primetime dominated the domestic front as they gained 2.3 percent and 1.9 percent trading at their new 12-month highs of 220 thebe and 265 thebe respectively.
On the other hand Turnstar notched up by half a percent, reaching a 52-week high of 209 thebe.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...