Slight fall in BSE traded volumes

Retail stock dominated trade on the BSE in 2014
Retail stock dominated trade on the BSE in 2014

Leading stock-broking firm, Motswedi Securities has described 2014 as an “ebullient year”. The volumes traded on the Botswana Stock Exchange (BSE) nearly reached the record set in 2013.

There were 590.8 million shares worth P2.17 billion traded during the year, slightly lower than the 669.5 million shares worth P2.27 billion exchanged during 2013. Most of the trades were generated in the first quarter of 2014 followed by the last quarter of the year.

Letshego traded the largest volumes for a fourth consecutive quarter, making it the most liquid stock on the local bourse. During the fourth quarter, the micro lender exchanged about 39 percent of the total trades followed by Choppies and Turnstar, which traded 17 percent and 15 percent respectively.

Editor's Comment
Keep your mask close

Wearing of masks behind closed doors has been mandatory following the government’s August decision that the public was freed from masking in outdoor spaces.According to a press statement from the ministry, all other remaining COVID-19 protocols such as social distancing in schools and requirements for vaccination or PCR tests at ports of entry have also been relaxed.Statistics still show that hundreds still die daily due to the pandemic around...

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