Profit-taking on BSE ahead of holidays

The November-December period is traditionally a profit-taking period on most liquid bourses around the world with investors cashing in their stocks.However, for this year's season, the cash-in began rather late as investors were still riding high on the high wave of renewed confidence creeping back into the markets with the recovery of the world and the Botswana economy.

By close of trading yesterday, the Domestic Companies Index (DCI) lost a further 0.20 compounding last week's losses.The DCI finished in the red on each trading day last week weighed by persistent losses in FNBB, BIHL and Letshego. But significant volumes were observed in some selected stocks such as Turnstar, FSG, Sechaba, Letshego and FNBB.