Botswana Equity Watch | 25 Aug 2015: Botswana equity markets in bearish sentiment, DCI down 43.00bps, LASI down, FCI flat….

Gaborone, Botswana (Capital Markets in Africa):- The BSE Equity Markets was in bearish sentiment as the DCI, LASI and DFSI recorded downward changes with the FCI recording no change in todays trading

The Botswana Domestic Composite Index (DCI) was down by -43.00 points to close at 10999.04 points falling by -0.39 percent from its previous close of 11,041.59 points.

Likewise, the Local Asset Sector Index (LASI) recorded a downward change after the days trading closing at 799.69 down -0.40 points from its previous close of 800.09 a change of -0.05% (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 no change after the days trading holding at 1569.29.

The Domestic financial Sector index (DFSI) which is composed of all domestic financial sector companies ended at 126.24 points declining -1.78 points or -0.14% after the days trading from it’s previous close of 1262.02.

The market capitalisation settled at BWP 422,325.85 at the end of the day’s session with the Domestic Equity Main Board accounting for BWP 52,137.81 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 1,791,045  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 6,229,026.66 million.

The market activity in terms of the securities traded volumes were lead by Letshego which recorded the highest volume figures of 1,059,057 followed by FNBB with  559,547 and then Furnmart with 139,859.