Having largely withstood the initial impact of Covid-19, it seems the local stock market is slowly starting to feel the paralyzing financial effects of Coronavirus.
12 of the stock exchange’s 33 listed companies suffered a decline in share prices over the first five months of the year.
The hardest hit was Lucara, owners of Karowe Mine, which saw its share price drop by a staggering 49.7 percent to P6.69 between January and the end of May.
Another mining outfit, Minergy, suffered a telling 22.7 percent blow.
StanChart, SeedCo. and BTCL all endured conspicuous decreases in share pri...
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In this article:ABC Holdings, BSEL, BTCL, Business, Chobe Limited, Coronavirus, Covid-19, Cresta, Far Property Company, FNBB, Letlole La Rona, Letshego Holdings Limited, Motswedi Securities, New African Properties, Primetime, Sechaba, SeedCo, Sefalana, Standard Chartered Bank Botswana, Turnstar Holdings Limited
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