Botswana Equity Watch | 28th July 2015: Botswana equity markets indices marginal rise, DCI up 2 bps, market cap settles at BWP 51,368 mill…

Gaborone, Botswana (Capital Markets in Africa):- The BSE Equity Markets indices recorded rises in todays session as the DCI main rose marginally and local LASI indices recorded a slight increase also. Market capitalisation saw a downshift along with 2 price increases. The FCI index continued to plateau with no changes recorded over the last few days.

The Botswana Domestic Composite Index (DCI) recorded its first change in 2 days to close at BWP 10836.76 up 2.00 points (+0.02 percent) from its previous close of 10,834.80.

The Foreign Composite Index (FCI) however continued flat today registering no change of -0.00 percent to persist at 1571.76 as has been recorded in previous sessions.

The Local Asset Sector Index (LASI) recorded a change closing at 799.08, a 0.44 points rise from its previous close of 798.64 (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.)

From a market activity perspective, the daily volume settled at 1,358,092 shares traded which were exchanged from the 11.461 million Securities issued bringing the turnover of those shares traded to BWP 4,895 million.

The equity market capitalization settled at BWP 51,368 million recorded at the end of the day’s session.

Looking at the price movers’, there were 2 Domestic companies that recorded price changes to the green zone. Moving towards the green zone were BARCLAYS up BWP 1 to close at BWP 434 per share and CWIL (CA) up BWP 5 to close the day at BWP 475 per share.

On the Foreign Equities Main Board traded volumes stood at BWP 1,359,092 million with 2 price movements. BOD gained BWP 1 to close at BWP 16 per share while BETTABETA lost by BWP -95 to settle at BWP 4130 per share.