On a year-to-date basis, the DCTRI has appreciated by 10.9 percent in comparison to a decrease of 3.8 percent in the corresponding 2020 period. The Domestic Company Index (DCI) increased by 0.8 percent in November and has gained 1.4 percent in Quarter 4. Overall, for the period 1 January to 30 November 2021, the DCI has appreciated by 1.7 percent in comparison to a decrease of 8.4 percent during the same period in 2020. The Foreign Company Index (FCI) has appreciated by 0.2 percent on a year-to-date basis compared to a decline of 1.0 percent over the same period in 2020.
The top three traded companies during the period under review were Access Bank (P1.1 Billion), Letshego (P155.9 million) and FNBB (P90.8 million). The total turnover from these three companies accounted for 74.9 percent of total equity turnover, with the leading counter Access, previously known as ABC accounting for 60.9 percent of total equity turnover. Access Bank’s significant contribution to total equity turnover results from a recordbreaking trade worth P1.071 billion following their 78.15 percent acquisition of BancABC Botswana on 11th October 2021. The trade represented a historic moment as the BSE recorded the highest turnover ever to be recorded in a day since inception (P1.072 billion). Following the acquisition, there was a formal change of name from BancABC to Access Bank Botswana Limited and trading of the counter as “Access” commenced on the 29th November 2021. In comparison to the same period in 2020, the top three traded companies accounted for 46.5 percent of total equity turnover with the leading counter Letshego accounting for 22.5 percent (P147.5 Million) of total equity turnover.
The top gainer was Letshego with a 81.3 percent growth in share price, followed by Tlou and Seed Co with gains of 51.5 percent and 45.9 percent respectively. Minergy experienced the biggest decline in share price of 38.8 percent followed by Chobe and Sechaba with declines of 22.0 percent and 20.0 percent respectively. Local companies contributed 57.7 percent to total equity turnover or P1.0 billion in monetary terms while local individuals contributed 2.4 percent or P42.8 million in monetary terms during the period under review. Foreign companies contributed 37.8 percent or P665.3 million to total equity turnover while foreign individuals and brokers contributed 2.1 percent (P36.6 million) and 0.0 percent (P0.3 million) to equity turnover respectively.
