Botswana Equity Watch | 26 Aug 2015: Botswana equity markets remain in red zone, DCI down -53.00bps, LASI down, FCI down….

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 -53.00 points to close at 10,945.75 points falling by -0.48 percent from its previous close of 10,999.04 points.

Likewise, the Local Asset Sector Index (LASI) recorded a downward change after the days trading closing at 799.16 down -0.53 points from its previous close of 799.69 a change of -0.07% (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 downward after the days trading closing at 1569.22 down -0.07 points from its previous close of 1569.29.

The Domestic financial Sector index (DFSI) which is composed of all domestic financial sector companies ended at 1260.24 points recording no further change after the days trading.

The market capitalisation settled at BWP 422,058.40 at the end of the day’s session with the Domestic Equity Main Board accounting for BWP 52,885.21 million and the Foreign Equity Main Board accounting for BWP 370,173.19 million.

From a market activity perspective, the total daily volume settled at 20,822,943 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 77,582,719.27 million.

The market activity in terms of the securities traded volumes were lead by CHOPPIES which recorded volume figures of 10,024,886 followed by TURNSTAR with  7,500,000 and then Venture capital firm AFINITAS with 3,200,000.

In terms of price gainers and price losers there was only one price loser today, CHOPPIES was down -20 points to close at BWP 520 per share.

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