Trade volumes increase, says report

source: BOPA
29 October, 2008

GABORONE – Local investors continue to have confidence in the local bourse as evidenced by high volumes of trading in counters such as Barclays, Engen and Botswana Insurance Holdings Limited (BIHL).

A weekly market report from Motswedi Securities states that 2.8 million shares valued at P17.3 million exchanged hands last week compared to 1.2 million shares valued at P3.6 million traded the previous week.

Due to profit taking and market correction in some counters, the Domestic Companies Index (DCI) finished the week 1.21 per cent softer at 8 432.00 points.

The Foreign Companies Index (FCI) dropped 0.03 per cent to 1 561.38 points after [continue reading]

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