BSE falls in Q1, after world-beating rally

While the DCI marginally lost value in the first quarter, its performance was better than other regional exchanges with the JSE All Share shedding 22.9% and the Stock Exchange of Mauritius Equity Index dropping by 27.9%. 

For most of the first quarter, the DCI maintained a positive performance despite a global wipeout of equities caused by the coronavirus (COVID-19). By March 20, the DCI was up 1.47 percent for the year, led by gains in counters such as Letshego and First National Bank Botswana.