By Kabelo Adamson | TheVoiceBW Published: January 26, 2021 9:04 PM
Although there were no new listings on the Botswana Stock Exchange Limited (BSEL) in 2020, the local stock market still experienced some positives during what was a tough year.
According to the BSEL Market Performance Report for 2020, the local bourse experienced tremendous activity in the equity primary market and in the fixed income market in terms of new bonds listings.
During the year, additional share issuance on the BSE is reported to have raised capital amounting to P103.9 million and P86.5 million on the domestic board and foreign respectively.
On the bonds side, new bonds issued by corporates raised P465 million, whereas government bonds raised a record P5.2 billion through additional tranches of existing bonds.
OBSERVING THE MARKET: BSEL CEO Tsheole with EU Ambassador Sadek studying the local stock market
Although there were no new listings on the Botswana Stock Exchange Limited (BSEL) in 2020, the local stock market still experienced some positives during what was a tough year.
According to the BSEL Market Performance Report for 2020, the local bourse experienced tremendous activity in the equity primary market and in the fixed income market in terms of new bonds listings.
During the year, additional share issuance on the BSE is reported to have raised capital amounting to P103.9 million and P86.5 million on the domestic board and foreign respectively.