Stock Markets Subbed As Investors Become Wary

source: Mmegi
Staff Writer

As the reporting season draws near investors are increasingly becoming risk averse on the Botswana Stock Exchange with sellers outweighing buyers though at very low volumes.

In last week’s trading the Domestic Companies Index’s (DCI) six weeks winning streak came to a halt following losses in mid to small capitalised stocks. Volumes were generally thin except in Letshego, Sefalana and Sechaba as most institutional investors wait on the sidelines ahead of the first half reporting period. Since the beginning of the year, the DCI gained the most in February, but lost ground in [continue reading]

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