- Market report: Storm of disappointing developments keep investors cautious
- AFSIC – Investing in Africa – more than just a conference
- AFSIC interview with Chris Chijiutomi, MD & Head of Africa, British International Investment
- 18th Edition Connected Banking Summit – Innovation & Excellence Awards - West Africa 2024.
- AFSIC - 5 Weeks to Go - Join our Africa Country Investment Summits
Botswana Equity Markets | 14 Oct 2015: Botswana equity markets bear returns, FCI flat, Market Cap loses BWP 20.64 Mill…
Botswana, Capital Markets in Africa — The Botswana Stock Exchange Equity Markets bear returned as the Local Asset Sector Index (LASI), Domestic Financial Sector Index (DFSI) registered losses at the end of trading today while the Foreign Composite Index (FCI) registered no change. Market capitalisation also went down at the end of the days session.
The Botswana Domestic Composite Index (DCI) was down by 5 points or 0.04 percent to close on 10,594.47 points from its previous close of 10,598.53 points.
The Local Asset Sector Index (LASI) was also down after the days trading closing at 794.42 gaining 0.04 points from its previous close of 792.96 points, a change of 0.01 percent (LASI is made up of the domestic companies and all foreign companies awarded the local asset status by the Ministry of Finance and development planning).
The Foreign Composite Index (FCI) remained flat to close 1,566.14 points after the days trading.
The Domestic financial Sector index (DFSI) which is composed of all domestic financial sector companies, also traded down after the days session retreating by 0.08 percent or 0.95 points to close on 1229.18 points.
The market capitalisation settled at BWP 419,656.71 million losing BWP 20.64 million to the US$ 419,677.35 recorded previously with the Domestic Equity BWP accounting for BWP 50,221.36 million and the Foreign Equity Main Board accounting for BWP 369,435.35 million.
From a market activity perspective, the total daily volume settled at 49,515 shares traded which were exchanged from the 24,238 million Securities issued bringing the total turnover of those shares traded on the domestic and foreign main boards to BWP 232,174.41 million.
Leading the market activity in terms of the traded volumes were Turnstar recording volume figures of 29,660 followed by Primetime with 6,900.
The session today registered six price gainers and three price losers today leaving market breadth positive, Barclays was up 1 point to close at BWP 442 per share, BIHL was up 6 point to close at BWP 1485 per share, Choppies was up 1 points to close at BWP 424 per share, FSG was up 3 point to close at BWP 275 per share, G4S was up 1 point to close at BWP 361 per share and Sefalana was up 4 points to close at BWP 1361 per share.
In terms of the price losers FNBB was down 5 points to close at BWP 379 per share, Letshego was down 2 points to close at BWP 307 per share and Turnstar was down 5 points to close at BWP 205 per share.