Botswana Stock Exchange listed retail giant, Choppies,registered the biggest share price growth of 5.8 percentduring the first month of the year, out performing somelisted bluechippers, while Olympia experienced the biggest share price decline of 3.7 percent.
The bourse market performance report for January shows that Botswana Diamonds followed Choppies with a share price gain of 5.6 percent while Absa came third with a 0.7 percent gain.
During this period, of the 32 listed companies including BBS Bank Limited on the Serala OTC Board, two depreciated in share price, eight appreciated in share price and 22 experienced no change in share price.
In January 2025, trading activity totalled P85.7 million, a 43.7 percent drop when compared to P152.3 million in January 2024.
Similarly, the Average Daily Turnover (ADT) in January 2025 recorded a notable decrease of 56.2 percent to P3.2 million from P7.3 million recorded in January 2024.
Local institutional investors were the biggest contributors to equity turnover accounting for 82.7 percent of the total, followed by market makers with a contribution of 11.4 percent.
The top three traded companies during the period under review were Sefalana (P9.4 million), Sechaba (P8.5 million), and Botswana Insurance Holdings Limited (BIHL), which recorded a turnover of P7.7 million.
The total turnover from these three companies accounted for 51.8 percent of total equity turnover, with the leading counter Sefalana accounting for 19 percent of total equity turnover.
In comparison to the same period in 2024, the top three traded companies accounted for 89.2 percent of total equity turnover with the leading counter Sechaba accounting for 77.6 percent (P118.2 million) of total equity turnover.
During the period under review, the Domestic Company Index (DCI) and Domestic Company Total Return Index (DCTRI) registered marginal increases of 0.2 percent and 0.3 percent respectively.
In comparison, both indices appreciated by 0.1 percent during the same period in 2024.
The Foreign Company Index (FCI) appreciated by 0.01 percent in comparison to a depreciation of 0.01 percent in the corresponding period in 2024.
