Botswana Stock Market Commentary – Week Ending April 6, 2012

Globalbizconcierge: The week’s trading was bullish with volumes pushing to 1.5m to realize a BWP 39.3m market turnover despite a shorter trading week. Turnover was boosted by a block trade of 1.1m units of BetaBetta (-1.4%, BWP 35.37) valued at BWP 37.5m. Financial stock Barclays (+0.9%, BWP 7.10) was the week’s top trader on the domestic board followed by FNBB (flat, BWP 2.75). The domestic index closed 0.3% firmer at 7,058.8 on notable gains in RPC Data (+11.1%, BWP 0.30) and Chobe (+4.5%, BWP 2.30).