Botswana Equity Watch | 24 Aug 2015: Botswana equity markets show signs of life, DCI up 7.00 bps, LASI up 0.03bps, FCI down….

Gaborone, Botswana (Capital Markets in Africa):- The BSE Equity Markets showed signs of life as the DCI, LASI and DFSI recorded upward changes with the FCI going the other way in todays trading

The Botswana Domestic Composite Index (DCI) was up by 7.00 points to close at 11041.59 points rising by 0.06 percent from its previous close of 11,035.41 points.

Likewise, the Local Asset Sector Index (LASI) recorded a slight change after the days trading closing at 800.09 up 0.03 points from its previous close of 800.06 (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) recorded a slight change after the days trading holding at 15.69.29 down -0.06 from its previous close of 1569.35 points.

The Domestic financial Sector index (DFSI) which is composed of all domestic financial sector companies ended at 1262.02 points rising 1.35 points or 0.11% after the days trading from it’s previous close of 1260.67.

The market capitalisation settled at BWP 422,527.57 at the end of the day’s session with the Domestic Equity Main Board accounting for BWP 52,339.53 million and the Foreign Equity Main Board accounting for BWP 370,188.04 million.

From a market activity perspective, the total daily volume settled at 2,142,194  shares traded which were exchanged from the 25,712 million Securities issued bringing the total turnover of those shares traded on the domestic and foreign main boards to BWP 19,748,038.52 million.

The market activity in terms of the securities traded volumes were lead by Sefalana which recorded the highest volume figures of 596,016 followed by FNBB with  547,382 followed by ENGEN with 371,800.