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Article: Botswana: Turbulent times for resources sector on BSE.
- Article from:
- TendersInfo
- Article date:
- August 13, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Resource stocks on the Botswana Stock Exchange (BSE) continued with their turbulence over the past week, worsening their prices further from their previous weeks closings. As a result, the FCI lost 0.24 percent to 2,577.50 on the back of losses experienced by some resource stocks as the total value traded for last week was P20,2 million on 2,5 million shares.
Discovery Metals was the highest loser of the week, retreating 12.86 percent overall as the counter opened at 269thebe from last weeks 280thebe and slipped gradually to close at 244thebe.Aviva and African Copper shed 11.49 percent and 7.10 percent to end the week at 416thebe and ...